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German services sector still on growth path in April -PMI
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Belarus begins snap combat readiness drills
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Equinor posts record profit as gas prices soar in Europe
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Cineworld looks to further delay payments to former Regal shareholders
Oil jumps 4% as EU proposes ban on Russian oil
Date: May 4, 2022
By Ahmad Ghaddar LONDON (Reuters) – Oil prices jumped on Wednesday as the European Union, the world’s largest trading bloc, spelled out plans to phase out imports of Russian oil, offsetting demand worries in top importer China. Brent crude futures rose $3.99, or 3.8%, to $108.96 a barrel by 1121 GMT. West Texas Intermediate crude...
Pandora warns of uncertainty in 2022 after record quarter
Date: May 4, 2022
By Nikolaj Skydsgaard COPENHAGEN (Reuters) – Jewellery maker Pandora warned on Wednesday that higher inflation and the Ukraine war posed increased uncertainty for its full-year earnings, despite reporting record first-quarter revenue and raising its sales outlook slightly. “We are very pleased with the strong start to the year delivering record revenue for a first quarter,”...
French services activity growth strongest in over 4 years in April -PMI
Date: May 4, 2022
(Reuters) – France’s dominant services sector enjoyed its sharpest increase in activity in more than four years in April as fewer COVID-19 restrictions gave businesses a boost, although inflation remained a concern, a survey showed on Wednesday. S&P Global said its final services Purchasing Managers’ Index (PMI) was 58.9 points last month, up from 57.4...
Britons cut back on meat and fish as cost of living crisis bites
Date: May 4, 2022
By James Davey LONDON (Reuters) – Britons are buying less meat, fish and poultry as they look to save cash, amid a worsening cost of living crisis. Market researcher NielsenIQ said on Wednesday, volume sales of meat, fish and poultry fell 13% in the four weeks to April 23 year-on-year, a period that included the...
Ryanair load factor tops 90% for first time since COVID-19 began
Date: May 4, 2022
DUBLIN (Reuters) – Ryanair’s load factor – a measure of how well an airline is filling available seats – rose above 90% for the first time since the beginning of the COVID-19 pandemic as traffic rose sharply during the key Easter holiday period. Ryanair flew 14.2 million people in April compared to just 1 million...
Siemens Healthineers raises 2022 outlook on demand for COVID-19 tests
Date: May 4, 2022
(Corrects to show revenue rose in second quarter, not first quarter, of 2022 financial year in paragraph 1) BERLIN (Reuters) – U.S.-German medical device maker Siemens Healthineers raised its targets for the 2022 financial year on Wednesday due to increased demand for rapid COVID-19 antigen tests, and reported a rise in second-quarter revenue and earnings....