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(MENAFN - AFP) Pope Francis offers hope for change in the Catholic Church on a range of moral issues -- but there's a long way to go, say the female leaders of Sweden's liberal Lutherans ahead of his landmark visit.

"It is clear that he has said and done things that have ignited much hope among many Catholics and even many people outside the Catholic Church," Sweden's first ...

(MENAFN - AFP) The world's biggest brewer AB InBev said Friday third-quarter profits were hurt by a weak performance in Brazil, one its most important markets, and it had cut 2016 forecasts as a result.

The Belgian-based Budweiser maker, fresh from completing a blockbuster merger with rival SABMiller, said its three months to September net profit slumped 18.5 percent from ...

(MENAFN - AFP) Spain's growth slowed but remained firm in the third quarter, official data showed Friday, just as the country emerges from 10 months of political crisis with the conservatives set to head up a minority government.

The Ine statistics agency said that GDP expanded by 0.7 percent compared to the previous three months, which had registered 0.8 percent growth.

Compared ...

(MENAFN - AFP) French oil major Total said Friday that accelerated cost savings and increased production led to better-than-expected earnings in the third quarter.

Total said it would now shave $2.7 billion in costs this year, overshooting its earlier aim of $2.4 billion, and would invest around $18 billion, at the lower end of its target.

Faced with stubbornly low ...

(MENAFN - AFP) British Airways' owner lowered on Friday its annual earnings forecast for a second time since Britain voted for Brexit, blaming the latest downgrade mainly on a plunging pound.

International Airlines Group said it expected full-year operating profit of 2.5 billion euros, or 7.0 percent higher compared with 2015.

It had already cut an initial estimate ...

(MENAFN - AFP) Britain's state-rescued Royal Bank of Scotland slid into the red in the third quarter on US litigation and company-wide restructuring costs, it said Friday.

RBS made a loss after tax of £469 million ($570 million, 523 million euros) in the three months to September 30 compared with one year earlier when it had posted a net profit of £940 million.

Litigation ...

(MENAFN - AFP) Most Asian markets headed into the weekend on a dour note following a Wall Street sell-off Friday, but Japanese stocks were again boosted by a weaker yen as another feeble inflation reading put fresh pressure on Tokyo.

The dollar extended gains in Tokyo after breaking 105 yen Thursday on increasing expectations the Federal Reserve will lift interest rates by ...

(MENAFN - AFP) Chinese oil giant Sinopec, Asia's biggest refiner, says its net profits leapt sixfold in the third quarter, as low crude prices lowered its costs.

Net profit in the July to September period was 10.19 billion yuan ($1.5 billion), compared with 1.65 billion yuan in the same three months last year, it said in a statement to the Shanghai stock exchange.

The ...

(MENAFN - AFP) The Hollywood studio that made the latest "Transformers" blockbuster must pay a Chinese scenic area more than two million yuan ($300,000) because it failed to include the park's logo, state media reported.

A court in Chongqing ordered Paramount Pictures and its Beijing partner to pay the money to a park in the southwestern municipality, the official Xinhua ...

(MENAFN - AFP) Collectors and music fans wearing the t-shirts of obscure rock bands brave the tropical heat outside a record store near Malaysia's capital, waiting to get their hands on new cassette tapes.

No, this isn't a flashback to the 1980s, but an event marking recent International Cassette Store Day, an annual celebration of a music format once thought headed for extinction ...

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