Novartis Lifts Outlook After Shedding Sandoz Generics
Novartis AG raised its profit forecast for a third time in the drugmaker’s first report after spinning off
2023-10-24 15:53
Puma Earnings Beat Estimates on Strong Demand for Sneakers
Puma SE reported earnings that narrowly beat analysts’ estimates amid strong demand for sneakers in Europe and a
2023-10-24 15:52
Goldman, Citigroup Drop Off Investcorp Capital’s Abu Dhabi IPO
Goldman Sachs Group Inc. and Citigroup Inc. have dropped off the planned Abu Dhabi initial public offering of
2023-10-24 15:47
Ukrainian priest arrested for stealing ancient gold jewellery worth £52m
A priest from Ukraine’s Orthodox Church has been arrested along with four others for stealing £52m of illegally obtained ancient jewellery. The items consisted of 11 gold artefacts, including a belt, earrings and necklaces. They were smuggled out of Ukraine in 2016 and had allegedly been put up for sale in Madrid. The gold is believed to be from the eighth and fourth centuries BC and to be a part of Ukraine’s national heritage. Spanish police on Monday said they had made the arrests in connection with the case and had confiscated all the items. According to authorities, the valuable items went missing from public display between 2009 and 2013 at an undisclosed museum in Kyiv. The pieces were then transported out of Ukraine with the aid of forged documents falsely claiming affiliation with the Ukrainian Orthodox Church. Spanish law enforcement officers managed to seize an ornate gold belt in 2021, while the remaining artefacts were confiscated in recent weeks after attempts to sell them in the Spanish capital. The police operation involved cooperation from various countries, including Albania, Bulgaria, Cyprus, North Macedonia and Ukraine. Police said the arrests were made in recent weeks after attempts were allegedly made to sell the valuable items in Madrid. The arrested individuals include two Ukrainians, one of whom is a member of the clergy and three Spaniards. The artefacts are currently undergoing examination by Spain’s National Archaeological Museum and the country’s Cultural Heritage Institute. The Scythians who dominated eastern Europe, including what is present-day Ukraine, were known for their metal work and artefacts and jewellery from the era are among Ukraine’s best-known historical heritage. In a separate incident, Ukrainian authorities recovered 14 archaeological items allegedly stolen from areas occupied by Russia. A Russian man was arrested after attempting to smuggle them into the US. Read More Ukraine-Russia war - live: Putin pushes more soldiers to frontline despite failing offensive Headteacher who helped young Ukrainian refugees to be honoured at Windsor Castle Ukraine destroys all Russia-launched drones and cruise missile in overnight attacks
2023-10-24 15:47
UK Is Losing Jobs at the Sharpest Pace Since the Pandemic
The UK economy lost jobs again in the quarter though August, marking the longest drop in employment since
2023-10-24 15:22
Nigeria to Tighten Rules to Curb Raw Mineral Exports
Nigeria plans to tighten rules to reduce the export of raw minerals and encourage the shipment of processed
2023-10-24 14:50
Hermes Sales Climb as US, Europe Shoppers Splurge on Birkin Bags
Hermes sales jumped as wealthy shoppers in the US and Europe splurged on the French company’s pricey Birkin
2023-10-24 14:46
Saudi Arabia’s Neom, DSV Form $10 Billion JV for Futuristic City
Saudi Arabia’s Neom is setting up a $10 billion venture with Danish freight forwarder DSV A/S to help
2023-10-24 14:21
UniCredit Says It Won’t Pay Bank Tax, Lifts Revenue Goals Again
UniCredit SpA said it will use a get-out clause to avoid paying the Italian government’s bank windfall tax,
2023-10-24 14:18
Worst Still to Come for Energy Debts, British Gas Boss Fears
More tough times may lie ahead for British households, looking at another winter of high energy bills piled
2023-10-24 13:56
Byju’s CFO Returns to Vedanta to Oversee Restructuring
Vedanta Ltd. has picked the chief financial officer of edtech titan Byju’s to replace the current finance head,
2023-10-24 13:48
UK Power Grid Bottlenecks Threaten Investments, Centrica Warns
An excess of planned renewable energy projects seeking to link to the UK’s electric grid threatens to discourage
2023-10-24 13:46