top-stories
Top Stories
French economy stalls in first quarter, inflation hits new record
Top Stories
NatWest profit jumps as cost-of-living crisis looms
Top Stories
Shortage of materials in German manufacturing eases slightly – Ifo
Top Stories
UK’s Travis Perkins sees more uncertain outlook for building materials inflation
French April inflation higher than expected at record 5.4%
Date: April 29, 2022
PARIS (Reuters) – French inflation rose unexpectedly in April to hit a record high driven by surging energy prices, preliminary EU-harmonised data showed on Friday, putting fresh pressure on newly re-elected President Emmanuel Macron. The INSEE statistics agency said consumer prices rose 0.5% in April, for a 12-month inflation rate of 5.4%, up from 5.1%...
Finland’s Sampo sells entire Nordea stake
Date: April 29, 2022
STOCKHOLM (Reuters) -Finnish insurer Sampo said on Friday it had sold its remaining stake in banking group Nordea to institutional investors for 1.84 billion euros ($1.94 billion). Sampo had said on Thursday that it would sell around half its remaining holding in Nordea, after announcing a strategic shift last year to focus on its insurance...
Hong Kong’s mandatory COVID testing in schools fuels plastic waste woes
Date: April 29, 2022
HONG KONG (Reuters) – A Hong Kong government rule that all school students and staff take daily COVID-19 tests will add massively to the city’s plastic waste problem, environmental activists say, with some 20 million kits a month set to be dumped at bursting landfills. The mandatory rapid antigen tests (RAT), and their plastic accessories...
Local elections could spell end of the party for UK’s Johnson
Date: April 29, 2022
By Andrew MacAskill and Michael Holden NEWCASTLE-UNDER-LYME, England (Reuters) – John Jones is the sort of voter that British Prime Minister Boris Johnson cannot afford to lose – but already has. Jones, who backed Johnson’s Conservatives at the national election three years ago when the party swept to a landslide victory, regrets his decision after...
France’s Safran tackles impact of Ukraine war but confirms targets
Date: April 29, 2022
PARIS (Reuters) – French aerospace group Safran warned of “significant impacts” from the war in Ukraine and from rising inflation, but confirmed full-year forecasts as it reported 22% growth in first-quarter revenue. The maker of jet engines and landing gear said quarterly adjusted sales rose 17% on a like-for-like basis to 4.071 billion euros ($4.3...
Soccer-Liverpool boss Klopp signs new contract until 2026
Date: April 28, 2022
(Reuters) -Liverpool manager Juergen Klopp has signed a two-year contract extension that will keep him at Anfield until 2026, giving the club a huge boost ahead of a defining period in which they could win an unprecedented quadruple. Liverpool confirmed in a statement on Thursday that assistant managers Pep Lijnders and Peter Krawietz had also...