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Copenhagen (AFP) – Lego, the world’s biggest toy maker by revenue, posted “stronger than expected” earnings for the first half of the year, its chief executive told AFP, with net profit rising 32 percent. “It has been stronger than expected in the first half across the board,” Niels Christiansen said, adding that the family-owned Danish company expected double-digit growth fo...


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Frankfurt (Germany) (AFP) – German growth rose faster than previously estimated in the second quarter thanks to strong exports, official data showed Tuesday, as Europe’s biggest economy defied the turmoil unleashed by the Iran war. Gross domestic product grew 0.3 percent from April to June compared with the first three months of the year, according to revised data from the st...


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Hong Kong (AFP) – Stocks rose and oil dipped on Tuesday as investors assessed a US plan for the “economic asphyxiation” of Iran, while tech firms struggled following another down day on Wall Street and ahead of earnings from chip titan Nvidia.

With the war against Tehran in its sixth month, Treasury Secretary Scott Bessent said the White House was decl...


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Windhoek (AFP) – Namibia has granted environmental clearance for an offshore phosphate mining project that paves the way for the world’s first commercial seabed-dredging operation for the mineral, despite opposition from green groups and the fishing industry. Deep-sea mining seeks to tap previously untouched seabed deposits of a range of commodities, including cobalt and nick...


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Washington (United States) (AFP) – Canada said it will announce Tuesday its response to President Donald Trump’s new tariffs, as neighbors that used to be close allies spiral into a trade war. In response to what it called “these challenging times,” the Canadian government said Monday night that the ministers of finance, industry, labor and other officials would hold a press ...


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