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German energy regulator to slash LNG feed-in rates
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Elon Musk says Tesla AI Day pushed to Sept 30
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Take Five: Inflation stations
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U.S., S.Korea, Japan envoys meet as N.Korea appears to prepare nuclear test
French wheat crop rating slips further in week to May 30
Date: June 3, 2022
PARIS (Reuters) – The condition of France’s soft wheat crop has declined for a fifth consecutive week, data from farm office FranceAgriMer showed on Friday, as dryness persisted in the European Union’s biggest grain producer. An estimated 67% of the soft wheat crop was in good or excellent condition in the week to May 30,...
Analysis-WTO seeks fish, vaccine deals as war ignites trade tensions
Date: June 3, 2022
By Emma Farge and Philip Blenkinsop GENEVA/BRUSSELS (Reuters) – The World Trade Organization will host ministers from across the globe this month with the aim of striking deals on fish and vaccines, testing the world’s ability to set trade rules at a time of mounting tensions. Global trade discord, COVID-19 and the crippling of its...
Food prices dip in May, cereal output set to decline, U.N. agency says
Date: June 3, 2022
ROME (Reuters) – World food prices dipped in May for a second consecutive month after hitting a record high in March, although the cost of cereals and meat both rose, the United Nations’ food agency said on Friday. The Food and Agriculture Organization’s (FAO) food price index https://www.fao.org/worldfoodsituation/foodpricesindex/en, which tracks the most globally traded food...
Post-lockdown rebound fading for German services sector -PMI
Date: June 3, 2022
BERLIN (Reuters) – Germany’s services sector was a bright spot for the economy in May as manufacturing struggles, but there are signs the pace of growth is starting to slow down, a survey showed on Friday. S&P Global’s final services Purchasing Managers’ Index (PMI)fell to 55.0 in May from 57.6 the month before. The flash...
Russia McDonald’s new owner set to reopen, expand -Forbes
Date: June 3, 2022
(Reuters) – McDonald’s Russia aims to reopen all restaurants in two months, its new owner Alexander Govor was quoted as saying on Friday, and to expand to 1,000 locations from the 850 he took over last month. In May, McDonald’s Corp sold the restaurants to Govor, one of its licensees in Russia, who will rebrand...
Russia’s invasion of Ukraine enters 100th day
Date: June 3, 2022
(Reuters) – Russia’s invasion of Ukraine entered its 100th day on Friday with no end in sight to the fighting that has killed thousands, uprooted millions and reduced cities to rubble. After abandoning its assault on the capital, Kyiv, Russia is pressing on in the east and south in the face of mounting sanctions and...