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Maersk sees weaker demand for shipping containers this year
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Truck maker Volvo Group plans to build battery plant
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AXA’s shares surge as insurer unveils share buyback and higher H1 profits
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Bank of Ireland expects modest income growth this year
Just Eat misses on H1 revenue, maintains profitability forecasts
Date: August 3, 2022
By Toby Sterling AMSTERDAM (Reuters) -Just Eat Takeaway.com, Europe’s largest meal delivery company, on Wednesday reported worse than expected revenue and a loss for the first half of 2022, but maintained its growth and margin forecasts for the full year. Takeaway reported adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of negative 134 million...
Russian services sector records fastest output growth in over a year -PMI
Date: August 3, 2022
MOSCOW (Reuters) – Russia’s services sector expanded in July at its fastest pace in more than a year, a business survey showed on Wednesday, as strong domestic demand outweighed slumping export orders for Russia’s increasingly isolated firms. The S&P Global Purchasing Managers’ Index (PMI) rose to 54.7 in July, its highest since June 2021 and...
Man charged under Britain’s Treason Act over Christmas Day incident at queen’s home
Date: August 2, 2022
By Michael Holden LONDON (Reuters) – A man arrested with a crossbow at Queen Elizabeth’s Windsor Castle home on Christmas Day last year has been charged with having a weapon with intent to “alarm her Majesty” under Britain’s Treason Act, police and prosecutors said on Tuesday. Jaswant Singh Chail, 20, from Southampton in southern England,...
Why some heatwaves prove deadlier than others
Date: August 2, 2022
By Gloria Dickie LONDON (Reuters) – Europe’s record-breaking heatwave last month saw England and Wales register https://www.ons.gov.uk/peoplepopulationandcommunity/birthsdeathsandmarriages/deaths/bulletins/deathsregisteredweeklyinenglandandwalesprovisional/weekending22july2022 nearly 1,700 extra deaths in just one week, early data shows, while Portugal and Spain counted another 1,700. The figures, which will likely change as records are updated, give the first indication of heat-related deaths when temperatures from...
Credit Suisse shares falter on bleak ratings news
Date: August 2, 2022
(Reuters) – Shares of Credit Suisse fell more than 6% on Tuesday after ratings agencies Moody’s and S&P’s “negative” outlook on the Swiss bank, days after it appointed a new top boss to help it recover from a string of scandals and losses. Moody’s Investors Service downgraded the group’s senior unsecured debt ratings by one...
Oil rises as OPEC+ meeting eyed, global demand concerns weigh
Date: August 2, 2022
By Alex Lawler LONDON (Reuters) -Oil rose on Tuesday ahead of a meeting of OPEC+ producers this week that may not lead to a further boost in crude supply, although concern about a possible global recession limited gains. The Organization of the Petroleum Exporting Countries and allies including Russia, known as OPEC+, meet on Wednesday....