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Aldi UK awards store staff second pay rise this year
Ryanair unsure of return to pre-COVID profit this year, tops Q1 estimates
Date: July 25, 2022
By Conor Humphries DUBLIN (Reuters) -Ryanair on Monday said a return to pre-COVID levels of profitability this year was not certain even as it topped first-quarter estimates in what Chief Executive Michael O’Leary described as “a very strong but still fragile recovery”. The after-tax profit of 170 million euros ($174 million) for the quarter ended...
Draghi’s fall leaves Monte dei Paschi’s cash call in the lurch
Date: July 25, 2022
By Valentina Za and Giuseppe Fonte MILAN (Reuters) -Monte dei Paschi di Siena (MPS)’s seventh capital raising in 14 years was always going to be a hard sell, now Italy’s political crisis risks turning it into a mission impossible. Even before Prime Minister Mario Draghi’s national unity government collapsed this week, propelling Italy towards an...
Recruiter SThree half-year profit, revenue surge on hiring boom
Date: July 25, 2022
(Reuters) -British recruiter SThree Plc reported on Monday a jump in its first-half revenue and operating profit, supported by strong hiring demand and as people move jobs in a competitive market. The global hiring sector has seen a boom as recruiters benefit from soaring wage inflation, increased fee rates resulting from the high demand and...
Kuehne + Nagel’s quarterly earnings rise despite volatile supply chains
Date: July 25, 2022
(Reuters) – Swiss logistics group Kuehne & Nagel International on Monday reported a 79% rise in its second-quarter net profit, citing growth in all business units despite volatile supply chains. Net profit in the April-June period came in at 796 million Swiss francs ($827 million), up from 446 million a year ago, while operating profit...
Biden says he is ‘doing well,’ working after testing positive for COVID
Date: July 22, 2022
By Trevor Hunnicutt, Steve Holland and Jeff Mason WASHINGTON (Reuters) -Joe Biden, the oldest person ever to serve as president of the United States, has tested positive for COVID-19, is experiencing mild symptoms and will continue working but in isolation, the White House said on Thursday. Biden, 79, has a runny nose, fatigue and an...
U.N. expects Ukraine-Russia grain deal to be implemented in a few weeks -officials
Date: July 22, 2022
By Tuvan Gumrukcu ISTANBUL (Reuters) – The United Nations expects a deal to resume Ukrainian grain exports through the Black Sea to be fully operational in a few weeks and restore shipments to pre-war levels of 5 million tonnes a month, two senior U.N. officials said on Friday. Ukraine, Russia, Turkey and the United Nations...