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Turkey says Ukraine-Russia grains deal will help relieve world food crisis
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Trump watched Jan. 6 U.S. Capitol riot unfold on TV, ignored pleas to call for peace
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TotalEnergies, CMA CGM agree to cut prices to help French consumers
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French lawmakers back Macron’s promised inflation relief
Analysis: Ukraine war rekindles Europe’s demand for African oil and gas
Date: July 22, 2022
By Noah Browning, Ron Bousso and Wendell Roelf BRUSSELS/LONDON/CAPE TOWN (Reuters) – Europe’s thirst for oil and gas to replace sanctioned Russian supply is reviving interest in African energy projects that were shunned due to costs and climate change concerns, industry executives and African officials said. Energy firms are considering projects worth a total of...
Euro zone business activity contracted in July as price rises bite – PMI
Date: July 22, 2022
LONDON (Reuters) – Euro zone business activity unexpectedly contracted this month due to an accelerating downturn in manufacturing and a near-stalling of service sector growth as burgeoning costs pushed consumers to cut back on expenditure, a survey showed. S&P Global’s flash Composite Purchasing Managers’ Index (PMI), seen as a good gauge of overall economic health,...
ECB survey sees rise in short- and long-term inflation exactions
Date: July 22, 2022
FRANKFURT (Reuters) – Euro zone inflation is set to be higher than forecast just a few months ago and even longer-term expectations are moving above the European Central Bank’s 2% target, a fresh ECB survey showed on Friday. Fearing that runaway inflation could get out of control, the ECB raised rates by a bigger-than-expected 50...
Santander drops out of Citibanamex sale process
Date: July 22, 2022
By Jesús Aguado and Inti Landauro MADRID (Reuters) -Santander has dropped out of the process to buy Citigroup’s Mexican retail bank after having previously submitted a non-binding offer earlier this year. The euro zone’s second-biggest bank by market value has been expanding in emerging economies in search of faster growth than in its core European...
Heatwaves to menace China as almanac’s ‘big heat’ day looms
Date: July 22, 2022
By Ryan Woo BEIJING (Reuters) -China will suffer the return of more heatwaves over the next 10 days from east to west, with some coastal cities already on their highest alert level and inland regions warning of dam failure risks because of melting glaciers. A sharp temperature spike is expected on Saturday, before building up...
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...