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Britain’s National Grid flags challenge from cost-of-living crisis
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British Airways owner IAG to order 50 Boeing 737 MAX jets
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Oil prices recoup early losses on China hopes, global supply fears
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Georgia to announce $7 billion Hyundai EV investment as Biden visits Seoul – sources
Duty-free retailer Dufry’s sales soar as European travel takes off
Date: May 19, 2022
(Reuters) -Dufry’s organic sales more than doubled in the first quarter, the Swiss duty-free retailer said on Thursday, driven by a strong rebound in European travel as coronavirus curbs were eased. The Basel-based company reported turnover of 1.12 billion Swiss francs ($1.14 billion) in the January-March period, compared with 460.3 million a year earlier, though...
Cricket-Change in format will help Williamson regain form, says NZ coach Stead
Date: May 19, 2022
LONDON (Reuters) – Batsman Kane Williamson had a poor season in the Indian Premier League (IPL) but New Zealand coach Gary Stead said a change in format from Twenty20s to tests will help the 31-year-old rediscover form in next month’s three-match series in England. Sunrisers Hyderabad captain Williamson has returned home from the IPL to...
Some in Shanghai allowed out to shop; end of COVID lockdown in sight
Date: May 19, 2022
By Brenda Goh SHANGHAI/BEIJING (Reuters) – More Shanghai residents were given the freedom to go out to shop for groceries for the first time in nearly two months on Thursday as authorities set out more plans for exiting the city-wide COVID-19 lockdown more fully. The commercial hub of 25 million recorded no new infections outside...
N.Korea boosts production of drugs, medical supplies to battle COVID
Date: May 19, 2022
By Hyonhee Shin SEOUL (Reuters) -North Korea is ramping up production of drugs and medical supplies including sterilisers and thermometers as it battles an unprecedented coronavirus outbreak, state media KCNA said on Thursday. The isolated country, which has imposed a nationwide lockdown, is also increasing production of traditional Korean medicines used to reduce fever and...
Factbox-Biden in Asia: South Korea, Japan schedule and to-do list
Date: May 19, 2022
WASHINGTON (Reuters) – President Joe Biden will travel to South Korea and Japan from May 20-24, a visit seen as crucial for efforts to bolster regional cooperation and counter China. Here is the latest on Biden’s still-developing schedule, from official and company sources. SOUTH KOREA: Friday, May 20 – Sunday May, 22 * Biden departs...
Factbox-Russian firms, entities halt publishing data amid sanctions
Date: May 18, 2022
(Reuters) – Oil pipeline monopoly Transneft has joined other Russian entities in curbing access to trade and financial data, sources told Reuters. In the wake of Western sanctions imposed on Russia after it sent troops into Ukraine, the central bank said it would allow companies to withhold financial results. Russian authorities are also allowing companies...