Economy

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P&G sees China improvement but consumers 'still struggling'
P&G sees China improvement but consumers 'still struggling'
by  AFP

Procter & Gamble is seeing encouraging signs in China, but a full recovery is still a ways off, executives said Wednesday as the consumer products giant reported solid earnings. Executives highlighted product launches including a whole-body deodorant spray and a new advanced power toothbrush as elements that would sustain sales growth.

Trump's meme coin venture sparks backlash
Trump's meme coin venture sparks backlash
by  AFP

Cryptocurrencies launched by Donald and Melania Trump have angered some digital currency advocates and sparked fresh allegations of leveraging the presidency for profit. Melania Trump launched an $Melania coin the night before her husband was inaugurated as US president on Monday.

Sudan 'political' banknote switch causes cash crunch
Sudan 'political' banknote switch causes cash crunch
by  AFP

Sudan's army-aligned government has issued new banknotes in areas it controls, reportedly aimed at undermining its paramilitary rivals but causing long queues at banks, disrupting trade and entrenching division. In RSF-held areas, civilians could become further isolated economically, struggling to trade with regions under army control.