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IN THE NEWS

With inflation under control, ECB holds rates steady again

With inflation under control, ECB holds rates steady again

The European Central Bank kept interest rates unchanged Thursday but warned of an "uncertain" economic outlook amid trade disputes and geopolitical tensions.

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Nigerian designer embraces 'clashes' and 'chaos' at Lagos Fashion Week

Nigerian designer embraces 'clashes' and 'chaos' at Lagos Fashion Week

Models strutted down the runway, their beaded and sequined dresses evoking the traditional facial scarring still done in some parts of Nigeria.

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Nissan says expects $1.8 bn operational loss in 2025-26

Nissan says expects $1.8 bn operational loss in 2025-26

Struggling Japanese carmaker Nissan said it expected to suffer an operating loss of 275 billion ($1.8 billion) in its fiscal year that ends in March as it faces further economic headwinds.

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Italy court stalls Sicily bridge, triggers PM fury

Italy court stalls Sicily bridge, triggers PM fury

Italy's government said Thursday it would address concerns over a new bridge to Sicily, after Prime Minister Giorgia Meloni condemned a court ruling against the project as an "intolerable intrusion".

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Marseille midfielder Nadir stable after on-pitch collapse

Marseille midfielder Nadir stable after on-pitch collapse

Marseille midfielder Bilal Nadir is in good health but undergoing a "full medical check-up" after collapsing off the ball during the team's Ligue 1 draw with Angers, his club said on Thursday.

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Saudis turned down Messi stint ahead of 2026 World Cup, says official

Saudis turned down Messi stint ahead of 2026 World Cup, says official

Saudi Arabia declined an offer to sign Lionel Messi for a short-term stint in the Saudi Pro League before next year's World Cup, according to a senior sports official.

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Novo Nordisk launches bidding war with Pfizer for obesity drugmaker Metsera

Novo Nordisk launches bidding war with Pfizer for obesity drugmaker Metsera

Danish pharmaceutical giant Novo Nordisk, maker of weight-loss drugs Ozempic and Wegovy, announced Thursday an unsolicited bid to acquire obesity treatment maker Metsera, topping an offer from US rival Pfizer which called the move "reckless".

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Universal says struck first licensing deal for AI music

Universal says struck first licensing deal for AI music

Recording industry giant Universal Music Group said Thursday it had struck a licensing deal with AI music generation startup Udio, in an industry-first tie-up aiming to launch an AI creation platform next year.

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France arrests five new suspects over Louvre heist: prosecutor

France arrests five new suspects over Louvre heist: prosecutor

French police have arrested five more people, including a prime suspect, over this month's daring Louvre museum robbery, the Paris prosecutor said on Thursday.

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Stocks fall as investors eye Trump-Xi talks, earnings

Stocks fall as investors eye Trump-Xi talks, earnings

Stock markets fell Thursday as traders digested a high-stakes meeting between the US and Chinese presidents, mixed company earnings and uncertainty over further US interest rate cuts.

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