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Top StoriesSoccer – Chelsea Need to ‘over-Perform’ to Close Gap on Top Two, Says Tuchel
Top StoriesRussian Soldier in Ukraine War Crimes Trial Says He Did Not Want to Kill
Top StoriesFinancial Risks of Climate Change Overplayed, Senior HSBC Banker Says
Top StoriesRichemont Cautious on China Growth, Talks on Ynap Drag On
German Airline Condor Eyes Return to Profitability Next Year
Date: May 19, 2022
By Zuzanna Szymanska and Ilona Wissenbach FRANKFURT (Reuters) – German leisure airline Condor may return to profitability from next year and aims to boost its fleet capacity as people rush to book long-awaited holidays after the lifting of COVID-19 restrictions. The carrier’s announcement adds to the positive news coming from the travel sector, including strong...
Spain’s Former King Juan Carlos to Visit Spain After 2-year Exile
Date: May 19, 2022
MADRID (Reuters) – Former Spanish King Juan Carlos is due to land in Spain later on Thursday for his first visit since he departed to Abu Dhabi in 2020 under a cloud of financial scandals that shook the Royal House. The former monarch will go to Sanxenxo in the northern region of Galicia to attend...
Analysis-Neutral Switzerland Leans Closer to NATO in Response to Russia
Date: May 16, 2022
By John Revill BERN (Reuters) -Switzerland’s fabled neutral status is about to face its biggest test in decades, with the defence ministry tilting closer to Western military powers in response to Russia’s invasion of Ukraine. The defence ministry is drawing up a report on security options that include joint military exercises with NATO countries and...
Shell Sells Russian Retail Business to Lukoil
Date: May 12, 2022
(Reuters) -Russia’s second-largest oil producer Lukoil will buy Shell’s Russian retail and lubricants businesses, the companies said on Thursday, as the British oil major moves ahead with its exit from the country following its Ukraine invasion. The deal includes 411 retail stations, mainly located in the Central and Northwestern regions of Russia, and the Torzhok...
Philip Morris in Talks to Buy Smaller Rival Swedish Match
Date: May 10, 2022
(Reuters) -Philip Morris International Inc is in talks to buy rival Swedish Match AB, the companies said on Monday, as the Marlboro maker looks to expand its smoke-free options amid rising global scrutiny on the sale of traditional cigarettes. The talks between the companies were in progress, but it was uncertain whether an offer will...
BlackRock to Back Fewer Shareholder Resolutions in This Agm Season
Date: May 10, 2022
By Simon Jessop LONDON (Reuters) – BlackRock said on Tuesday it expected to support fewer shareholder resolutions on issues such as climate change in the current season of annual general meetings, as many proposals were too prescriptive. BlackRock, the world’s biggest asset manager, with just under $10 trillion in assets, has moved to strengthen its...