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Commodity stocks, Kingfisher boost UK’s FTSE 100
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UK not going to bring back temporary increase to state benefits -minister
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UK’s Kingfisher boosted by ‘grow your own’ plant sales
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Analysis-S.Korea’s Yoon uses Biden summit as springboard for global agenda as China looms
Take Five: Surging inflation, recession risk and tanking markets
Date: May 23, 2022
(Reuters) – Central banks are wrestling with inflation and sliding stocks are feeling the heat, leaving investors to ponder just where the so-called “Fed put” has gone. Meeting minutes from the world’s foremost policy makers may shed some light, while New Zealand and South Korean central banks ponder how big their rate hikes need to...
Ericsson, Deutsche Telekom harness wind power for mobile masts as energy costs soar
Date: May 23, 2022
(Reuters) – Ericsson and Deutsche Telekom are harnessing the power of the wind and the sun at an energy-hungry 5G mobile site in Germany in an effort to guard against soaring electricity costs. With already high bills only rising further, energy-intensive European companies are looking for innovative ways to secure reliable, low-carbon energy. Telecom operators...
Marketmind: No capitulation yet
Date: May 23, 2022
A look at the day ahead in markets from Julien Ponthus. Capitulation in financial jargon refers to a moment when investors lose all hope in a market rebound and simply try to save whatever is left by dumping their holdings. Clearly, Friday’s volte-face on Wall Street during the last hours of trading showed that this...
Australian grandmother hopes queen has jubilee to remember
Date: May 23, 2022
NULKABA, Australia (Reuters) – Jan Hugo never realised her childhood dream of becoming a princess so instead she became Australia’s queen of royal memorabilia with over 10,000 pieces, a collection she plans to grow as Queen Elizabeth marks her Platinum Jubilee next month. “Your Majesty, if you’re watching, I hope you have a wonderful celebration...
Hat-trick hero Rovanperä supreme on Sunday at Rally de Portugal
Date: May 23, 2022
Toyota scores 1-2 finish on gruelling gravel roads with Finn extending lead. Kalle Rovanperä claimed his third FIA World Rally Championship victory in as many events in Portugal on Sunday afternoon to open a commanding lead in the points standings. The Finn trailed long-time leader and Toyota GR Yaris team-mate Elfyn Evans for the first...
Analysis-New Australian govt looks to SE Asia as it deals with ‘difficult’ China relationship
Date: May 23, 2022
By Kirsty Needham SYDNEY (Reuters) – Australia’s new Labor government will put greater focus on relations with Southeast Asia and climate change, an issue crucial to its Pacific neighbours, as it navigates ties with a more assertive China. Relations between Canberra and Beijing have deteriorated in recent years, with China imposing trade sanctions on Australian...