top-stories
Top Stories
European shares inch lower on inflation worries
Top Stories
FTSE 100 slips on inflation worries, Premier Foods boosts midcaps
Top Stories
U.N. secretary general asks countries to ease barriers to green energy
Top Stories
British insurer Aviva leaves door open to return more capital
Aircraft leasing faces shake-up as risks cloud recovery
Date: May 18, 2022
By Tim Hepher PARIS (Reuters) -Global aircraft leasing faces a new shake-up this week after SMBC Aviation Capital’s deal to buy smaller rival Goshawk Aviation for $6.7 billion. The move comes as firms report a stronger than expected U.S.-led recovery — but one increasingly overshadowed by inflation, rising borrowing costs and the effects of the...
Sri Lanka to default on debt, no money for fuel, minister says
Date: May 18, 2022
By Uditha Jayasinghe and Alasdair Pal COLOMBO (Reuters) – Sri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-payment of coupons on two of its sovereign bonds, while the energy minister said the country had run out of money to pay for fuel. An economic crisis unprecedented in...
Cricket-New Zealand excited to face off against old skipper McCullum
Date: May 18, 2022
(Reuters) – Brendon McCullum will be a “massive asset” in the English dressing room and the coach’s aggressive mindset should fit hand-in-glove with captain Ben Stokes, New Zealand batsman Henry Nicholls said. Named England head coach last week, former New Zealand captain McCullum will plot the downfall of his old team in the three-test series...
ABN Amro’s profit beats estimates, but Ukraine war concerns loom
Date: May 18, 2022
(Reuters) -Dutch bank ABN Amro on Wednesday reported first-quarter net profit above market expectations helped by the reopening of Dutch society, but warned the war in Ukraine could have an indirect impact on its business. Its net profit was 295 million euros ($310.6 million) in the first three months of the year, against analysts’ average...
Stellantis sees India as profitable auto market amid challenges in China, Russia
Date: May 18, 2022
By Aditi Shah NEW DELHI (Reuters) – Stellantis chief Carlos Tavares expects India to be a profitable market and a bigger growth opportunity than the carmaker previously expected as it faces challenges in countries such as China and Russia. India, where Stellantis sells its Jeep and Citroen brands, makes up a fraction of the carmaker’s...
‘Huge’ pressure for Shanghai to stay COVID-free as end to lockdown looms
Date: May 18, 2022
By David Stanway and Martin Quin Pollard SHANGHAI/BEIJING (Reuters) -Health authorities in Shanghai faced “huge” pressure to keep China’s most populous city free of COVID-19 as residents were counting down the days until June 1 and the end of their lockdown after almost two months of isolation. The commercial hub of 25 million achieved a...