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Nike shares fell after the sports giant reported lower profits

Higher Costs Dent Nike Profits

Nike reported a drop in quarterly profits Thursday despite higher sales due to the drag from increased costs and the liquidation of unwanted merchandise.
Arnault's LVMH group includes dozens of brands including Louis Vuitton, Givenchy and Kenzo

French Luxury Brand Tycoon Bernard Arnault In China

French billionaire and luxury brand magnate Bernard Arnault is in China this week, social media posts showed, the latest visit by a foreign executive keen to reconnect to the world's second-largest economy.
Ivorian soldiers carry coffins wrapped with United Nations flags out of a UN plane on February 22, 2021 at a military base in Abidjan, at the arrival of the bodies of four Ivorian peacekeepers killed in Mali

UN Troops Set To Leave Mali, But How Fast?

With the imminent end of the UN's Mali peacekeeping mission seemingly no longer in doubt, negotiations at the UN are still foundering over the timetable for their departure, which Bamako wants "without delay", according to diplomatic sources.
Ukrainian forces are continuing to battle Russian troops in the Donetsk region even as the security crisis plays out in Moscow

Russian Missile Strike Kills Eight In Eastern Ukraine

The death toll from a Russian missile strike on a restaurant in eastern Ukraine rose to eight on Wednesday, as Kyiv played down the effect of a brief mutiny by the head of the Wagner mercenary group on the conflict.
The ECB has stressed it would not attempt to control how people use the digital currency

EU To Take One Giant Leap Towards Digital Euro

The EU will take the next crucial step on Wednesday towards launching a digital version of the euro, a controversial project that has come under attack from the public, politicians and banks before it even exists.

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