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Top StoriesRouble Eases From Near 4-week High vs Dollar, Firms vs Euro
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InvestingFTSE 100 up as AstraZeneca Gains Offset Commodity Losses
Africa Is Paying a Serious Price for Russia’s War in Ukraine
Date: August 11, 2022
By Bryan Turner, Partner, Spear Capital When Russia invaded Ukraine in February, escalating a conflict that began in 2014, many feared that there would be global consequences. Some felt those consequences immediately – most notably the European countries dependent on Russian gas and oil for energy. As the war dragged on through the Northern Hemisphere...
Wind Turbine Maker Vestas Says Price Power Improving, Shares Jump
Date: August 10, 2022
By Nikolaj Skydsgaard COPENHAGEN (Reuters) -Wind turbine maker Vestas expects to deliver more positive results next year, its chief executive said on Wednesday, as high costs from raw materials and transport, which hit second-quarter results, are passed on to customers. Shares in Vestas rose 4% after the firm said it raised its prices in the...
Tennis-Serena Williams to Retire From Playing After U.S. Open
Date: August 9, 2022
By Amy Tennery NEW YORK (Reuters) – American great Serena Williams said on Tuesday she was “evolving away from tennis” and planned to retire from the sport she dominated with 23 Grand Slam titles following the U.S. Open tournament, which begins later this month. On Monday, Williams played only her second singles match since she...
Cyclical Rally Drives FTSE 100 to Two-Month Closing High
Date: August 8, 2022
By Sruthi Shankar (Reuters) -Britain’s blue-chip index closed at a two-month high on Monday, boosted by economically sensitive sectors such as oil & gas and banks as upbeat economic data from China and the United States eased worries about an imminent recession. The FTSE 100 gained 0.6% to mark its strongest close since June 9,...
Ukraine and Russia: What You Need to Know Right Now
Date: August 8, 2022
(Reuters) – International alarm over weekend artillery attacks on Ukraine’s Zaporizhzhia nuclear complex grew on Monday with Kyiv warning of the risk of a Chornobyl-style catastrophe and appealing for the area to be made a demilitarised zone. ZAPORIZHZHIA NUCLEAR COMPLEX * The head of Ukraine’s state nuclear power company Energoatom called on Monday for the...
Exclusive-Stellantis Mexico Unit Okays Independent Union; U.S. Trade Probe to End
Date: August 8, 2022
By Daina Beth Solomon MEXICO CITY (Reuters) – A Mexican unit of carmaker Stellantis expects to resolve a complaint from Washington in several days, it said after it agreed to recognize an independent union, a move workers attributed to U.S. pressure under a recent trade pact. Stellantis-owned Teksid Hierro de Mexico said the complaint, which...