SHANGHAI (Reuters) - China's Ant Group posted a 19% fall in net profit of 7.87 billion yuan ($1.09 billion) in the three months to Dec. 31, according to Reuters calculations based on Alibaba Group Holding's earnings released on Tuesday.
The e-commerce giant reports profit from Ant one quarter in arrears.
Chinese authorities last July announced a fine of 7.12 billion yuan for Ant Group for violating laws concerning consumer protection and... (continue reading...)
By Vitalii Hnidyi
KHARKIV, Ukraine (Reuters) - Two teachers met them with a smile at the steel door, and down the concrete staircase the mother and daughter clattered, hand in hand, through another blast door and into the bunker for the first day of school.
Hundreds of children began lessons this week in Ukraine's first purpose-built bunker school, 6 metres (20 feet) below the ground to protect them from Russian drone and missile... (continue reading...)
SAO PAULO (Reuters) - Brazilian cosmetics maker Natura &Co reported late on Monday a net loss of 934.9 million reais ($181.29 million) for the first quarter, larger than the 652 million-real loss it had posted a year earlier.
WHY IT'S IMPORTANT
The cosmetic giant has been pushing for a turnaround and shedding global assets, including the sales of the Aesop and The Body Shop brands, as it turned its focus to Latin America, where it has... (continue reading...)
ANKARA (Reuters) - Foreign Minister Hakan Fidan said on Tuesday that Turkey decided to submit its declaration of official intervention in South Africa's genocide case against Israel at the International Court of Justice (ICJ).
Earlier this month Fidan announced the decision to join the case launched by South Africa as Ankara stepped up measures against Israel over its assault on Gaza, which has killed more than 35,000 people and launched after... (continue reading...)
By Felix Light
TBILISI (Reuters) - Georgian lawmakers brawled in parliament on Tuesday during a debate on the third and final reading of a bill on "foreign agents" that has plunged the South Caucasus country into an extended political crisis and sparked mass protests.
Georgia television broadcast scuffles between ruling party and opposition lawmakers, who pushed each other and gesticulated angrily during debates on the bill, which... (continue reading...)
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