Africa News
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Cie. Financiere Richemont SA, the second-biggest luxury goods company, reported full-year profit that beat analysts’ estimates as sales were boosted by buoyant demand for high-end goods in the Asia-Pacific region.
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Sun Resorts Ltd., Mauritius’s second- biggest hotel operator by market value, is confident of growing earnings by at least 22 percent as it focuses on Asia to offset a decline in visitors from Europe.
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Creating aid corridors in Syria to protect civilians from government troops or considering air attacks on President Bashar al-Assad’s forces would be “premature, to say the least,” U.S. Ambassador to the United Nations Susan Rice said yesterday.
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A Greek exit from the euro area has the potential to be the European Union’s most economically and politically destructive event of a generation. Unfortunately, Europe has reached the point where it must prepare for such an outcome.
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