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Top StoriesThe Unwitting Winners of France’s Drought: Salt Farmers
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Wind Turbine Maker Siemens Gamesa Makes Deeper Cuts to Profit View
Date: August 2, 2022
By Isla Binnie MADRID (Reuters) -Wind turbine maker Siemens Gamesa lowered its 2022 profitability expectations even further on Tuesday and said it would remain negative through 2023, citing expensive raw materials, component failures and geopolitical uncertainty. The group cut its full-year core earnings margin forecast to minus 5.5% from minus 4%, including gains from selling...
Bouygues Raises Telecoms Target After Beating Profit Expectations
Date: August 2, 2022
(Reuters) -French conglomerate Bouygues reported better than expected first-half core profit on Tuesday and raised its telecoms division’s targets for the full year. The construction, telecoms and media group posted current operating profit – operating profit excluding exceptional costs mainly related to merger and acquisition activity – of 492 million euros ($505 million) for the...
British, Irish PMs Mourn N.Ireland Peace Architect Trimble at Funeral
Date: August 1, 2022
By Amanda Ferguson BELFAST (Reuters) – The prime ministers of Britain and Ireland paid respects to Nobel Peace laureate David Trimble at his funeral near Belfast on Monday as allies honoured his role in steering Northern Ireland’s Protestant majority to a 1998 peace deal. Trimble, who became the first to hold the office of Northern...
Forza Italia Heavyweights Jump Ship, Join Italy Centrists
Date: July 29, 2022
By Crispian Balmer ROME (Reuters) – Two senior members of Silvio Berlusconi’s Forza Italia group said on Friday they were joining the small centrist Azione party ahead of forthcoming elections, saying Italy’s conservative bloc had become too extremist. Maria Stella Gelmini and Mara Carfagna, both ministers in the outgoing government, announced their move at a...
AstraZeneca Lifts Revenue Guidance on Covid Treatment
Date: July 29, 2022
By Natalie Grover and Ludwig Burger (Reuters) -AstraZeneca said it expected prescriptions of its COVID therapy to drive sales growth of more than 20% this year, as company reported second-quarter profit that topped analyst estimates. The injection, called Evusheld, which is designed to protect against COVID infection for at least six months, has been deployed...
‘i Want to Breed Horses, Not Camels’: Hungarian Farmers Battle ‘historic’ Drought
Date: July 28, 2022
By Anita Komuves JASZSZENTLASZLO, Hungary (Reuters) – Andras Eordogh admiringly watches his dozen foals as they frolic and kick up dust on his farm in the scorching summer heat and laments that he will have to sell most of them because of the changing climate in this rural southeast corner of Hungary. The gently-spoken, 66-year-old...