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DSV raises outlook as global supply snarls keep freight rates high
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U.S. watchdogs scrutinise UBS over staff messaging
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Britain’s Drax half-year profit jumps on high prices and demand
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Nine out of ten Britons increasingly keeping tabs on spending -NielsenIQ
Recruiter Randstad’s earnings rise as talent remains ‘scarce’
Date: July 26, 2022
By Valentine Baldassari and Charlotte Lavin (Reuters) -Dutch recruitment firm Randstad reported an 18% jump in second-quarter core profit on Tuesday, broadly in line with analysts’ expectations, as companies continued to compete for workers. The group’s underlying earnings before interest, taxes and amortisation (EBITA) reached 308 million euros ($315 million) in the three months to...
Oil rises for a second day on supply tightness concerns
Date: July 26, 2022
By Yuka Obayashi TOKYO/SINGAPORE (Reuters) -Oil prices rose on Tuesday for a second day on increasing concerns about tightening European supply after Russia, a key oil and natural gas supplier to the region, cut gas supply through a major pipeline. Brent crude futures for September settlement rose $1.66, or 1.6%, to $106.81 a barrel by...
Heathrow says passenger cap has improved operations
Date: July 26, 2022
LONDON (Reuters) -London’s Heathrow said a decision to cap flight numbers after it struggled to cope with a rebound in travel had delivered a marked improvement in punctuality and baggage handling. The airport capped the number of passenger departures at 100,000 a day earlier this month to limit queues, baggage delays and cancellations, to the...
Russian gas cut to Europe hits economic hopes, Ukraine reports attacks on coastal regions
Date: July 26, 2022
By Pavel Polityuk and Max Hunder KYIV (Reuters) – Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine, while missile attacks in Black Sea coastal regions raised doubts about whether Russia will stick to a deal to let Ukraine export grain. The first ships...
Analysis-Workers seize their moment to shift the balance of power
Date: July 26, 2022
By Mark John (Reuters) – It should surprise no one that the first big pandemic-era display of worker power was in air travel, according to Sharan Burrow, head of the International Trade Union Confederation. “The aviation sector globally is a prime example of bad employment policy,” Burrow said of an industry whose high-volume, low-cost model...
Exclusive-Glaciers vanishing at record rate in Alps following heatwaves
Date: July 26, 2022
By Emma Farge and Gloria Dickie MORTERATSCH GLACIER, Switzerland (Reuters) – From the way 45-year-old Swiss glaciologist Andreas Linsbauer bounds over icy crevasses, you would never guess he was carrying 10 kg of steel equipment needed to chart the decline of Switzerland’s glaciers. Normally, he heads down this path on the massive Morteratsch Glacier in...