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German airline giant Lufthansa said Thursday it had doubled profits in 2023 on booming demand, as the aviation sector extends a rebound from the coronavirus pandemic. Like other airline groups, Lufthansa was hit hard when the coronavirus shut down global air travel and it had to be bailed out by the German government in 2020.
A South African mother was amazed by her son's ironing skills and shared a video of him on TikTok. Many parents applauded the mother for raising a responsible son.
A wife shared a video on social media of her husband surprising her with a Mercedes-Benz for her birthday. Many people were touched by the husband's gesture.
China's exports sharply accelerated in the first two months of 2024, official figures showed Thursday, providing policymakers a bright spot as they battle to revive the world's second-largest economy. Exports have been increasing since November, after six straight months of contraction.
Tests on generative AI tools found some continue to allow the creation of deceptive images related to political candidates and voting, an NGO warned in a report Wednesday, amid a busy year of high-stake elections around the world.
Travelling 1,000 kilometres (620 miles) by air between two capitals on the same continent does not seem like a challenge. For now, "regional travel across the continent is very challenging and makes business hard", said construction consultant Munga.
Equities fluctuated in Asian trade Thursday as investors try to assess the Federal Reserve's plans for interest rates after boss Jerome Powell indicated they would start to come down this year. Traders are also keeping an eye on a policy meeting of the European Central Bank later Thursday, which is not expected to see any movement but investors are hoping for some guidance.
The EU's landmark curbs on how tech titans do business online kick in from Thursday, but just how far Brussels succeeds in bringing the giants to heel will hinge on bitter battles that still lie ahead. European tech businesses share this concern: industry sources said they want Brussels to make sure big tech follows the rules, not just propose new ones.
Libya may sit on Africa's biggest oil reserves, but many families are struggling with rapidly rising consumer prices as the festive Muslim holy month of Ramadan nears. Economic analyst Abubakr al-Tur said "Libya is experiencing a critical situation with rising prices and a currency devaluation".
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