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Russia says it destroyed 4 HIMARS launchers, in claim denied by Ukraine
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Wildfires: Europe’s latest economic headache
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Iran’s nuclear programme is “galloping ahead”, IAEA chief says -El Pais
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Analysis-Putin bets on an ancient weapon in Ukraine: time
Dimmed street lights, shorter showers: Germany leads Europe energy savings drive
Date: July 22, 2022
By Sarah Marsh and Louisa Off BERLIN/AUGSBURG, Germany (Reuters) – Summer nights in the wealthy Bavarian city of Augsburg this year are eerily dark and quiet: The facades of historic buildings are not illuminated, street lights are dimmed and most of the fountains are not operating. Augsburg is among many cities around Germany to have...
Britain’s Queen Elizabeth not due to attend Commonwealth Games in Birmingham
Date: July 22, 2022
LONDON (Reuters) – Britain’s Queen Elizabeth is not scheduled to attend the Commonwealth Games in Birmingham this summer, with her son and heir-to-the-throne Prince Charles set to deliver a speech on her behalf, Buckingham Palace said on Friday. Charles will be accompanied by his wife, Camilla, to represent the queen at the July 28 opening...
Europe’s high-spending tourists set to lift French luxury sales in Q2
Date: July 22, 2022
By Mimosa Spencer PARIS (Reuters) – Free-spending tourists in Europe are expected to drive brisk second quarter sales at French luxury groups LVMH, Gucci-owner Kering and Hermes, helping to offset the impact of disruptions in China from COVID-19 restrictions. High-end French and Italian fashion houses have been riding a wave of strong, post-pandemic demand for...
Slowdown and cooling prices could ease rate hike pressure on BoE – PMI
Date: July 22, 2022
By William Schomberg LONDON (Reuters) -Britain’s businesses grew at their slowest pace in 17 months in July and inflation pressures eased, according to an industry survey that might reduce pressure on the Bank of England to deliver a bigger-than-usual interest rate hike next month. The preliminary version of the S&P Global’s Purchasing Managers’ Index (PMI),...
Norsk Hydro offers extra dividend, buybacks despite uncertainty ahead
Date: July 22, 2022
By Gwladys Fouche OSLO (Reuters) -Aluminium maker Norsk Hydro proposed an extra dividend and offered share buybacks as it reported quarterly profit that met expectations, sending its shares higher on Friday despite warning of uncertainty amid threats of gas rationing in Europe. Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to 11.6 billion...
Sterling posts biggest weekly gain against dollar in two-months
Date: July 22, 2022
By Lucy Raitano LONDON (Reuters) -The pound posted its biggest weakly gain versus the dollar since May 20 this week and rose on Friday versus the dollar as the impact of weak UK economic data on the British currency was tempered by worse numbers coming out of the U.S. and Europe. Fresh data showed Britain’s...