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Euro zone consumers brace for recession and high inflation – ECB survey
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Retailer Next defies British economic gloom, lifts outlook
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Bayer’s agriculture unit, consumer health drive outlook hike
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Analysis-As inflation bites, Japan’s PM finds unlikely ally in labour unions
Voestalpine warns outlook depends on continued gas supplies
Date: August 4, 2022
BERLIN (Reuters) – Austria’s Voestalpine warned on Thursday that it expected a significant cooling of the economy in the second half of its fiscal year and said its earnings guidance depended on Europe continuing to receive sufficient supplies of natural gas. The group last month said it expected to reach the upper end of its...
Ukraine warns of new Russian offensive; Sweden, Finland move closer to joining NATO
Date: August 4, 2022
By Natalia Zinets and Patricia Zengerle KYIV/WASHINGTON (Reuters) -Ukraine said Russia had started creating a military strike force aimed at President Volodymyr Zelenskiy’s hometown of Kryvyi Rih, while NATO moved closer to its most significant expansion in decades as the alliance responds to the invasion of Ukraine. The U.S. Senate and the Italian parliament both...
Russia’s ambassador to Japan pays respects at Hiroshima – media
Date: August 4, 2022
By Elaine Lies TOKYO (Reuters) – Russia’s ambassador to Japan paid his respects at a memorial in Hiroshima on Thursday saying he wanted to highlight Russia’s efforts to reduce nuclear arms and criticising a decision not to invite him to a commemoration on Saturday, media reported. Hiroshima became the first city to suffer an atomic...
Golf-Home winner at Women’s British Open would inspire next generation: Hall
Date: August 4, 2022
(Reuters) – Georgia Hall said a home winner of this week’s Women’s British Open would help inspire more girls to take up the sport and that it was crucial for the country’s young athletes to have role models. Hall said her victory in the 2018 edition had “elevated” golf in Britain and that another home...
Merck KGaA profit gets boost from dollar, outweighing higher costs
Date: August 4, 2022
By Ludwig Burger (Reuters) -Germany’s Merck KGaA saw adjusted earnings rise 13.1% in the second quarter as higher revenues from its biotech lab equipment and its chemicals for semiconductor production were further bolstered by currency tailwinds. Second-quarter earnings before interest, taxes, depreciation and amortisation (EBITDA), adjusted for one-offs, rose to 1.78 billion euros ($1.81 billion),...
Top U.S. diplomat to arrive in Pacific amid battle for influence with China
Date: August 4, 2022
SYDNEY (Reuters) – A senior U.S. diplomat will travel to Samoa on Thursday on a multi-leg trip to Pacific Island countries intended to demonstrate re-engagement by the United States with a region in which China has been extending its influence. Deputy Secretary of State Wendy Sherman will travel to Samoa and then Tonga, where she...