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At U.N., Amal Clooney pushes for Ukraine war crimes justice
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Britain’s Sainsbury’s warns of lower profit on inflation hit
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Wintershall Dea looks beyond Russia as war marks turning point
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UK card spending, online job ads fall after Easter – ONS
Syngenta Q1 sales rise 26% as farmers buy early, IPO on track
Date: April 28, 2022
By John Revill ZURICH (Reuters) – Syngenta Group increased its first-quarter sales by 26% as farmers bought seeds and sprays early to avoid possible shortages later in the year, the Swiss agrochemicals company which is planning a $10 billion IPO said on Thursday. The results of the Chinese-owned group are seen as a bellwether for...
Britain proposes post-Brexit easing of insurer capital rules
Date: April 28, 2022
By Huw Jones LONDON (Reuters) -Britain launched public consultation on Thursday for a post-Brexit relaxation of capital rules for insurers, in a step the government said would increase investments in long-term infrastructure. Britain inherited rules known as Solvency II from the European Union, and reforming them is seen by the 2.2 trillion pound insurance industry...
Strong earnings spur rally across European stocks
Date: April 28, 2022
By Sruthi Shankar (Reuters) -European shares rallied in morning trade on Thursday, as forecast-beating results from companies including energy major TotalEnergies and automaker Volvo helped set aside worries about slowing global economic growth. The pan-European STOXX 600 index rose 1.3%, extending gains for a second day, with all regional bourses in the black. Automakers rallied...
Sterling steadies near 21-month low against strong dollar
Date: April 28, 2022
(Reuters) – The British pound edged higher on Thursday but was still trading near a 21-month low against a buoyant U.S. dollar that has hit multi-year peaks against both the Japanese yen and euro. At 0747 GMT, sterling was up 0.1% against the dollar at $1.25615. It had earlier traded below $1.25 for the first...
Standard Chartered leads FTSE 100 higher in earnings-driven session
Date: April 28, 2022
By Devik Jain (Reuters) -London’s FTSE 100 climbed on Thursday, driven by strong earnings updates from firms including Whitbread and Standard Chartered, although Sainsbury hit the bottom of the index after warning of a drop in annual profit due to the cost-of-living crisis. The blue-chip index rose 0.8%, while the domestically focused mid-cap FTSE 250...
ECB must watch surge in inflation expectations -de Guindos
Date: April 28, 2022
FRANKFURT (Reuters) – The European Central Bank needs to keep a close eye on the recent rise in inflation expectations above its 2% target but wage growth, a key requirement of durable inflation, is still muted, ECB Vice President Luis de Guindos said on Thursday. Inflation rose to 7.4% last month, and while a quick...