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Foxconn starts to feel sting of slowing smartphone sales
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U.S. works with firms in supply chains to ease port congestion
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Admiral sees cost of motor claims running high in Britain and U.S
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UK’s FTSE 100 steady ahead of U.S. inflation data
Boxing-‘It’s personal’: Benn to fight Eubank Jr in October
Date: August 10, 2022
(Reuters) – British boxers Chris Eubank Jr. and Conor Benn will square off in a highly-anticipated bout at London’s O2 Arena on Oct. 8, three decades after their famous fathers fought each other. Chris Eubank and Nigel Benn were bitter rivals in the 1990s and the two former super-middleweight world champions fought twice – Eubank...
Exclusive-Rotavirus childhood vaccine shortage hits four African countries
Date: August 10, 2022
By Jennifer Rigby LONDON (Reuters) – Supplies of a vaccine to prevent the deadly rotavirus infection in children have either run out in Kenya, Tanzania, Senegal and Cameroon or are close to doing so, officials close to the roll-out told Reuters, after disruptions at drugmaker GSK. The World Health Organization estimates that up to 200,000...
Supermarket group Ahold lifted by better than expected results
Date: August 10, 2022
By Anthony Deutsch AMSTERDAM (Reuters) – Supermarket group Ahold Delhaize increased its full-year guidance after posting better than expected quarterly results on Wednesday, sending its shares up 7%. The company, which operates the Stop & Shop, Giant, Food Lion and Hannaford chains on the U.S. east coast, also announced the postponement of a planned initial...
Rhine water falls again in Germany, river shipping costs rise
Date: August 10, 2022
HAMBURG (Reuters) – Water levels on the river Rhine in Germany have fallen again in hot and dry weather and shipping costs are rising as vessels cut loads to continue sailing, commodity traders said on Wednesday. Shallow water after the summer heat-wave has hampered shipping on the entire river in Germany since July, along with...
Aviva plans further capital return in boost to shares
Date: August 10, 2022
By Carolyn Cohn LONDON (Reuters) -Aviva plans to return more cash to shareholders, the British insurer said as it posted a better-than-expected 14% rise in first-half operating profit, sending its shares to the top of the FTSE 100 gainers on Wednesday. Activist investor Cevian Capital, which holds 6% of Aviva’s shares and has called on...
European shares dip as U.S. inflation data looms; Ahold jumps
Date: August 10, 2022
By Shreyashi Sanyal (Reuters) -European shares edged lower on Wednesday on losses in technology stocks ahead of key inflation data from the United States, while gains in supermarket major Ahold Delhaize kept declines in check. The pan-European STOXX 600 index dipped 0.1%, tracking a second straight session of losses after a strong start to the...