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Zara owner Inditex has reassured investors with a strong start to the summer season, reporting currency-adjusted sales growth of 11.5% in May, well above analysts’ expectations of 8%. The performance comes despite weaker consumer confidence and economic uncertainty linked to rising inflation concerns and geopolitical tensions. The retailer’s shares climbed as much as 5%
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Pope Leo on Tuesday named Maria Montserrat Alvarado as the new head of the Vatican’s Dicastery for Communications, marking the first time a woman has been appointed to this senior Catholic Church role. Alvarado, originally from Mexico City, will oversee a sprawling media operation that manages the Vatican’s news portal, radio station, newspaper, and press […]