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Maersk's net profit sinks amid Red Sea attacks

Maersk's net profit sinks amid Red Sea attacks

Danish shipping giant Maersk posted a huge drop in net profit for the first quarter on Thursday as Yemeni rebel attacks force it to avoid the vital Red Sea route.

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OECD lifts 2024 growth forecasts, driven by US

OECD lifts 2024 growth forecasts, driven by US

The OECD raised its global economic growth forecast for 2024 on Thursday, driven by strong performances in the United States and emerging countries while Europe lags behind.

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Rangnick opts to stay as Austria coach, dealing blow to Bayern

Rangnick opts to stay as Austria coach, dealing blow to Bayern

Ralf Rangnick said on Thursday he wished to continue as Austria head coach, with Euro 2024 the immediate goal, delivering a fresh blow to Bayern Munich in their search for a replacement for outgoing boss Thomas Tuchel.

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French parliament to investigate sexual abuse in cinema 

French parliament to investigate sexual abuse in cinema 

The French parliament on Thursday agreed to create a commission of inquiry to investigate sexual and gender-based violence in cinema and other cultural sectors after several recent allegations.

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Wind energy giant Vestas swings to loss, sees geopolitical headwinds

Wind energy giant Vestas swings to loss, sees geopolitical headwinds

Vestas, the world's number one wind turbine maker, said Thursday it swung to a 75-million-euro ($80-million) loss in the first quarter and warned "geopolitical volatility" would continue to cause uncertainty.

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Nepal battles raging wildfires across the country

Nepal battles raging wildfires across the country

Firefighters and local residents battled a massive wildfire on the outskirts of Nepal's capital Thursday as the Himalayan republic endures a severe fire season authorities have blamed on a heatwave.

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Weight-loss drug maker Novo Nordisk's profits soar further

Weight-loss drug maker Novo Nordisk's profits soar further

Danish pharmaceutical giant Novo Nordisk reported more soaring profits on Thursday thanks to the popularity of anti-diabetes and weight-loss drugs Ozempic and Wegovy, which have made it Europe's most valuable company.

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Heat-struck Thai village hoists cartoon cat in desperate bid for rain

Heat-struck Thai village hoists cartoon cat in desperate bid for rain

As millions across Southeast Asia suffer a blistering heatwave that is melting railway tracks, a Thai village resorted to an unusual method to seek rain: parading a Japanese cartoon cat.

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Premier League misses out on fifth Champions League spot

Premier League misses out on fifth Champions League spot

The Premier League has missed out on a fifth Champions League spot for next season to the Bundesliga after the poor performance of English clubs in Europe.

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Shell logs sliding profits as revenues sink

Shell logs sliding profits as revenues sink

British energy major Shell on Thursday posted sharply lower first-quarter net profit on sinking revenues, but adjusted earnings topped expectations and it unveiled another bumper stock buyback.

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