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Image for Philip Morris in talks to buy smaller rival Swedish Match

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Philip Morris in talks to buy smaller rival Swedish Match

Image for 4.7 million euros raised at epic 2022 Wings for Life World Run

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4.7 million euros raised at epic 2022 Wings for Life World Run

Image for Nintendo announces 10-1 stock split; sees Switch sales falling 9%

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Nintendo announces 10-1 stock split; sees Switch sales falling 9%

Image for European stocks make tentative gains amid global growth worries

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European stocks make tentative gains amid global growth worries

Image for EV maker Lucid to launch luxury sedans in Europe in late 2022

EV maker Lucid to launch luxury sedans in Europe in late 2022

Date: May 10, 2022

(Reuters) – Electric carmaker Lucid Group plans to launch luxury sedans in Europe later this year, as the Tesla rival aims to expand its footprint outside the United States amid strong global demand for electric vehicles (EVs). The company will launch its Lucid Air Dream Edition P and R sedans in limited numbers for customers...

Image for On possible nuclear strike, Russia says: it’s all in our military doctrine

On possible nuclear strike, Russia says: it’s all in our military doctrine

Date: May 10, 2022

LONDON (Reuters) – Asked if Russia would rule out a preemptive tactical nuclear strike on Ukraine, Russia’s deputy foreign minister said on Tuesday that a decision on the possible use of nuclear weapons was clearly set out in Russia’s military doctrine, RIA reported. “We have a military doctrine – everything is written there,” Alexander Grushko...

Image for Analysis: Deal-making frenzy comes to London’s West End

Analysis: Deal-making frenzy comes to London’s West End

Date: May 10, 2022

By Iain Withers and Andres Gonzalez LONDON (Reuters) – The exclusive cadre of landlords that run London’s bustling West End cultural and entertainment district is about to get one smaller. Neighbouring developers Shaftesbury and Capco outlined a 3.5 billion pound ($4.31 billion) merger deal over the weekend, as the threat of recession accelerates a rush...

Image for Consumer staples, banks lift UK’s FTSE 100 after sharp selloff

Consumer staples, banks lift UK’s FTSE 100 after sharp selloff

Date: May 10, 2022

By Bansari Mayur Kamdar (Reuters) – UK’s FTSE 100 rose on Tuesday, boosted by consumer staples and banking stocks, a day after worries around growing recession risks, higher interest rates, and extended COVID-19 lockdowns in China triggered a bruising selloff on the blue-chip index. The FTSE 100 index climbed 0.7% in morning trade, after falling...

Image for CEZ shares jump as 2022 profit, dividend outlook brightens

CEZ shares jump as 2022 profit, dividend outlook brightens

Date: May 10, 2022

PRAGUE (Reuters) – Shares in CEZ jumped to their highest level since 2008 after the Czech energy group sharply raised its profit outlook on Tuesday, with rising electricity prices and commodity trading income boosting prospects for a record dividend this year. The company, central Europe’s biggest listed utility, said its first-quarter adjusted net profit jumped...

Image for Sri Lanka gives emergency powers to military, police after clashes kill seven

Sri Lanka gives emergency powers to military, police after clashes kill seven

Date: May 10, 2022

By Alasdair Pal and Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka gave emergency powers on Tuesday to its military and police to detain people without warrants, after a day of clashes that killed seven people and injured more than 200, in violence that prompted Prime Minister Mahinda Rajapaksa to resign. As the Indian Ocean nation battles...