Struggling Nike will cut around 1,400 jobs in efficiency push

Struggling Nike will cut around 1,400 jobs in efficiency push

World

Nike said on Thursday it is laying off about 1,400 people to streamline workflows, as the struggling sportswear company fights through a years-long sales slump.

Italy underwhelmed by Trump envoy's suggestion they should replace Iran at World Cup

Italy underwhelmed by Trump envoy's suggestion they should replace Iran at World Cup

World

The suggestion by an envoy of Donald Trump that Italy should replace Iran at this year's World Cup provoked embarrassment from Azzurri fans on Thursday, with Italian media reminding readers that the idea has a very familiar feel.

Greece to be overtaken by Italy as euro zone's most indebted country in 2026, sources say

Greece to be overtaken by Italy as euro zone's most indebted country in 2026, sources say

World

ATHENS/ ROME -- Greece will no longer be the euro zone's most indebted country by the end of this year, with its public debt set to fall below Italy's, according to sources and data from Italy's new budget plan.

Mass poisoning suspected as 18 wolves die in Italian national park

Mass poisoning suspected as 18 wolves die in Italian national park

World

ROME - Italian authorities are investigating the deaths of at least 18 wolves and several other wild animals found in recent days in a national park, in what conservation groups say is one of the worst attacks on wildlife in Italy.

British International Investment launches $1.48 billion Asia climate investment push

British International Investment launches $1.48 billion Asia climate investment push

World

British International Investment (BII) launched a 1.1 billion-pound ($1.48 billion) climate finance initiative on Thursday, aiming to draw private capital into clean energy projects across India and Southeast Asia, where coal is still dominant in power generation.

Trump envoy wants Italy to replace Iran at World Cup: report

Trump envoy wants Italy to replace Iran at World Cup: report

World

PARIS, France -- An envoy to US President Donald Trump has asked world football's governing body FIFA to replace Iran with Italy at the World Cup, according to the Financial Times.

AI boom lifts Nokia sales, shares hit 16-year high after earnings beat

AI boom lifts Nokia sales, shares hit 16-year high after earnings beat

World

Nokia raised the growth targets for its artificial intelligence business on Thursday, after the network gear maker beat market expectations for quarterly comparable operating profit, sending its shares to their highest level in 16 years.

YouTube complies with Indonesia's social media curbs, minister says

YouTube complies with Indonesia's social media curbs, minister says

World

JAKARTA - Video platform YouTube has complied with Indonesia's social media restrictions for children under 16, the country's communications minister said on Wednesday.

Forest fires continue in northeastern Japan town

Forest fires continue in northeastern Japan town

World

OTSUCHI, IWATE PREF., -- Wildfires that broke out on Wednesday in two locations in the northeastern Japan town of Otsuchi, Iwate Prefecture, continued into Thursday, burning a total of about 200 hectares, according to the town government.

Multilingual alerts, pictograms proposed after foreigner accident

Multilingual alerts, pictograms proposed after foreigner accident

World

TOKYO -- A Japanese transport ministry affiliate on Thursday proposed the introduction of multi-language warnings and pictograms, after a foreign tourist was hit and killed by a train last August.