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UK dividends could hit $115 billion in 2022 on weak sterling – report
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Analysis-Here to stay: fund managers play the long game on inflation
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BASF lifts revenue outlook, warns of risks from lower gas supplies
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Germany to reduce electric car subsidies in 2023
At Mass in Canada, Pope praises indigenous reverence for elders
Date: July 26, 2022
By Philip Pullella and Tim Johnson EDMONTON, Alberta (Reuters) -Pope Francis on Tuesday praised the indigenous tradition of showing great respect for elders and learning from them, saying their memory must not be lost in modern society’s “fog of forgetfulness.” Francis is on a week-long tour of Canada to apologize for the Roman Catholic Church’s...
From burgers to bleach, stressed consumers buy cheap
Date: July 26, 2022
By Hilary Russ and Richa Naidu NEW YORK/LONDON (Reuters) -Some global consumers are showing signs of cracking, as shoppers stressed by record inflation stick to buying basics like food, bleach and cheap burgers, while those with bigger bank accounts are snapping up $3,000 Louis Vuitton handbags. Investors are closely watching corporate results for signs economies...
Russia signals space station pullout; NASA says it’s not official yet
Date: July 26, 2022
By Joey Roulette WASHINGTON (Reuters) – Russia’s new space chief said on Tuesday his country plans to withdraw from the International Space Station after 2024, though a senior NASA official said Moscow has not communicated its intent to pull out of the two-decade-old orbital partnership with the United States. While heightened tensions between Moscow and...
Ukraine aims for $15-20 billion IMF loan by year-end – central bank governor
Date: July 26, 2022
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) – Ukraine aims to strike a deal for a $15-$20 billion programme with the International Monetary Fund before year-end to help shore up its war-torn economy, the country’s central bank governor Kyrylo Shevchenko told Reuters. Battered by Russia’s invasion launched on Feb. 24, Ukraine faces a...
Europe agrees emergency gas curbs, Kyiv says Russia supply curbs are ‘price terror’
Date: July 26, 2022
By Kate Abnett BRUSSELS (Reuters) -European Union countries bracing for further cuts in Russian gas supply on Tuesday approved a weakened emergency plan to curb demand, after striking compromise deals to limit reductions for some countries. Europe faces a tighter gas squeeze from Wednesday, when Russia’s Gazprom has said it would cut flows through the...
Explainer-Nord Stream’s turbine tussle puts spotlight on equipment
Date: July 26, 2022
MOSCOW (Reuters) -The bickering over a turbine Moscow says is to blame for a reduction of gas flows via Nord Stream 1 has put into focus the equipment the pipeline needs to operate. At the heart of the tussle lies SGT-A65, a Siemens Energy turbine that is 12 metres long and weighs 20 tonnes, and...