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Luxury giant LVMH enjoys 'excellent' first half
Luxury giant LVMH enjoys 'excellent' first half
Business and Economy
by  AFP

LVMH, the world's top luxury group, said Tuesday it enjoyed an excellent first half with net profits soaring by 30 percent to 8.48 billion euros ($9.34 billion) thanks to strong growth in Asia and Europe. LVMH's leading business group of fashion and leather goods alone saw 17 percent revenue growth to 21.2 billion euros.

TotalEnergies drills first oil wells for huge Uganda project
TotalEnergies drills first oil wells for huge Uganda project
Business and Economy
by  AFP

TotalEnergies announced Tuesday it had started drilling wells for oil in Uganda as part of a huge project condemned by environmental and rights groups. "Total continues its greenwashing, trying to convince that its oil wells will not affect the local fauna thanks to the beige colour of the drilling towers 'to look like the surrounding savannah'," the two groups said in a statement.