According to Airbnb, 1 out of 10 home-sharing-hosts are school teachers. Yahoo Finance's Yahoo Finance's Jen Rogers and Myles Udland discuss.
Nissan said Thursday it nearly doubled its full-year net profit in 2023-24, weathering challenges in the Chinese market, but forecast a dip of around 10 percent for the current financial year.The results struck a different tone to an announcement last month when Nissan trimmed its sales and profit outlook for 2023-24, predicting a more modest net profit of 390 billion.
Spain's second-largest bank BBVA announced Thursday a hostile takeover bid for smaller rival Banco Sabadell but the government vowed to block the move, which would create a European giant in the sector.A takeover would create a banking powerhouse capable of competing with Santander -- Spain's leading bank -- as well as with European giants such as HSBC and BNP Paribas.
Relatives of 44 construction workers trapped under a collapsed building in the South African city of George faced a fourth day of anguished waiting on Thursday as heavy machinery worked at the site in a race against time to find any survivors. Of 81 people who were on site when the five-story building collapsed on Monday, eight have been confirmed dead and 29 alive, 16 of them in a critical condition, according to the latest figures from George municipality. An earth mover could be seen removing broken slabs of concrete from the collapsed building, now a chaotic pile of masonry and twisted steel reinforcements.
Japan's Fisheries Agency on Thursday proposed a plan to allow catching fin whales in addition to three smaller whale species currently permitted under the country's commercial whaling around its coasts. The proposal comes five years after Japan resumed commercial whaling within its exclusive economic zone after withdrawing from the International Whaling Commission in July 2019. It ended 30 years of what Japan called "research whaling" that had been criticized by conservationists as a cover for commercial hunts banned by the IWC in 1988.
Air Vanuatu announced Thursday the airline had cancelled international flights for four days and was considering bankruptcy protection for the South Pacific state-owned carrier. It said international flights were cancelled until Sunday and flights after that day were “under review.” “The Vanuatu government is now considering placing Air Vanuatu into voluntary administration,” a statement said, referring to a local equivalent of a U.S. Chapter 11 bankruptcy.
Chinese President Xi Jinping visited Hungary Thursday seeking a "new journey" with Beijing's closest European Union ally amid Beijing's divisions with the West over the Ukraine war and global trade.- Message to Europe - Earlier this week, the Chinese leader kicked off his trip in France, a visit that was cordial but also highlighted tensions between Beijing and the EU over the war in Ukraine and global trade.
Apple's latest M4 chip is bringing more AI capabilities, providing a look into the company's upcoming WWDC conference.
Nissan’s profit for the fiscal year through March jumped 92% to 426.6 billion yen ($2.7 billion) as sales grew in all major global markets except China, the Japanese automaker said Thursday. Annual sales surged nearly 20% to 12.7 trillion yen ($81.5 billion), Nissan Motor Co. said. For the January-March quarter, profit at Nissan, based in the port city of Yokohama, edged down slightly to 101.3 billion yen ($650 million) from 106.9 billion yen.
As officials in the central and southern US assess the damage from reported tornadoes and powerful storms that killed at least three people Wednesday, residents from East Texas to South Carolina are bracing for a severe weather threat Thursday that could bring large hail, damaging winds and flooding.
Through a tumultuous period of high inflation, aggressive interest rate hikes, and global instability, the U.S. Federal Reserve received relatively high marks for its monetary policy communications despite the thicket of uncertainty it has been navigating, according to a survey of academic and private-sector analysts released on Thursday. Responses from 31 academic and 24 private Fed watchers to questions posed by the Brookings Institution's Hutchins Center on Fiscal and Monetary Policy gave the U.S. central bank under Fed Chair Jerome Powell a median score of B+ for its overall communications, an important aspect of central bank operations that can make monetary policy itself more or less effective. The score was slightly lower than the median of A- the Powell-led Fed received in a 2020 survey conducted as the central bank rolled out a complicated series of programs in response to the COVID-19 pandemic.
Paul Whelan, an American detained in Russia, expressed renewed optimism about US efforts to secure his release in a call with CNN on Wednesday, but acknowledged “a bit of a concern” that the recent arrest of a US soldier in Russia could complicate matters.
Russia is warning its Western adversaries that it feels obliged to boost its nuclear deterrent due to what it sees as their "escalatory" course, Deputy Foreign Minister Sergei Ryabkov was quoted as saying on Thursday. Ryabkov was cited by state news agency RIA as saying that Russia was not however changing its own nuclear doctrine, which allows for the use of nuclear weapons in case of an existential threat to the state. "We warn our opponents that their escalatory trajectory confronts us of course with the need to take steps that actually mean strengthening our measures of deterrence."
Ukraine's parliament voted on Thursday to dismiss Deputy Prime Minister Oleksandr Kubrakov, who has overseen the wartime reconstruction effort and championed efforts to set up a vital Black Sea shipping lane, lawmakers said. Kubrakov also helped ensure key logistical routes for millions of people fleeing the fighting early in the war after Russia's invasion of Ukraine in February 2022.
The dazzling Thai holiday islands made famous by Hollywood film "The Beach" are facing a severe water shortage following a blistering heatwave across Asia, a tourism official and locals said Thursday.Local tourism operators have repeatedly called for long-term water supply investments for the Koh Phi Phi islands, which lack sufficient reservoirs and infrastructure.
Equity traders struggled to get a recent rally back on course Thursday following a tepid lead from Wall Street, but record performance in Europe highlighted optimism that central banks were on course to cut interest rates.After London's record, and gains in Paris and Frankfurt were followed by a mixed performance in New York, Asia struggled.
The Islamic State group claimed responsibility for a bombing in Afghanistan’s northeast that killed police officers who were part of an anti-poppy crop campaign. A motorcycle was booby-trapped and exploded, targeting a Taliban patrol in Faizabad town in Badakhshan province, killing and wounding 12 members of the patrol as well as destroying a four-wheel drive vehicle, the group said in a statement late Wednesday. Abdul Mateen Qani, a spokesman for the Interior Ministry, said the officers were on their way to destroy poppy crops in the area.
During his visit to Europe, China’s top communist made clear his preference for dealing with the individual—whether Hungary or France—over the collective, such as NATO and the E.U.
President Vladimir Putin warned on Thursday that his nuclear forces were "always" on alert and that Russia would not tolerate any threats from the West.Our strategic forces are always on alert," Putin said, addressing the Victory Day parade.
The University of Miami’s ECoREEF experiment, off the coast of Miami Beach, Florida, is testing the impact of hybrid reef structures on coastal ecosystems.
Two of China's wealthiest cities said Thursday they would lift all restrictions on buying homes, joining a growing list of urban areas rolling back curbs as they look to prop up the faltering property market.Several of the biggest cities, including Beijing, Shanghai and Shenzhen, have partly lifted curbs but have resisted dumping them entirely.
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