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Monkeypox emergency could last months, with window closing to stop spread, experts say
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Analysis: ECB faces Italian debt test as politics intervenes
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Global growth headed down as inflation surge to endure
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Fate of Ukraine’s second biggest power plant in balance after Russian advance
Europe’s banks flash some good news but downbeat on economy
Date: July 27, 2022
By Tom Sims and Sinead Cruise FRANKFURT/LONDON (Reuters) – European banks this week offered flashes of surprisingly good news on profits, but some executives spoke of a bleak outlook for the rest of the year amid raging inflation, war and energy shortages. Deutsche Bank, the German lender in Europe’s largest economy, reported on Wednesday larger-than-expected...
Industry-Leading Legal Benchmarking Survey from Association of Corporate Counsel and Major, Lindsey & Africa Shows Legal Spend Distribution Moves In-House, Especially for Smaller Companies
Date: July 27, 2022
Sponsored Feature Presented by Association of Corporate Counsel (ACC) Survey provides invaluable benchmarking data for law department leaders committed to identifying and implementing financial and operational performance improvements. The Association of Corporate Counsel (ACC) and Major, Lindsey & Africa (MLA) announced today the release of their industry-leading annual legal benchmarking survey. The third report as a result...
Euro zone business lending unexpectedly surges in June
Date: July 27, 2022
FRANKFURT (Reuters) – Lending to euro zone companies accelerated in June, confounding fears that banks are tightening access to credit as uncertainty about inflation and the fallout of the war in Ukraine are pointing to recession risks, European Central Bank data showed. Lending to companies in the 19-country euro area expanded by 6.8% in June...
Spanish airport group Aena back in black despite energy costs
Date: July 27, 2022
MADRID (Reuters) -Spanish airport operator Aena returned to profit in the first half of this year after pandemic-related travel restrictions plunged it into the red for two years, though soaring energy costs hampered the recovery. The company made a net profit of 164 million euros ($166 million) in the period compared with a net loss...
Nord Stream 1 gas nominations, physical flows fall – operator website
Date: July 27, 2022
LONDON (Reuters) – Physical flows and requests for Russian natural gas flows through Nord Stream 1 into Germany fell on Wednesday morning after Gazprom further cut capacity of the pipeline that provides more than a third of Russian gas exports to the European Union. Data on the Nord Stream AG website showed nominations nearly halved...
Philippines scraps Russian helicopter deal – AP
Date: July 27, 2022
(Reuters) – The Philippines has scrapped a deal to buy 16 Russian military transport helicopters because of fears of U.S. sanctions, the Associated Press reported on Wednesday, citing Philippine officials. A former Philippine defence secretary, Delfin Lorenzana, said late on Tuesday the 12.7 billion peso ($227 million) deal to acquire the Mi-17 helicopters had been...