79.39 F
New York
July 4, 2022

De

Germany’s Scholz revives 1960s-style meets with unions, bosses on inflation

Reuters
Scholz calls tackling soaring inflation “historic challenge” Kicks off meets with unions, employers to build consensus Seeks to avoid wage-price spiral, social unrest BERLIN, July 4 (Reuters) – German Chancellor Olaf Scholz met trade union and employers association leaders on Monday for the first of a series of meetings aimed......

Germany to overhaul law to bail out energy firms stricken by Russia woes – draft

Reuters
The logo of German energy utility company Uniper SE is pictured in the company’s headquarters in Duesseldorf, Germany, March 10, 2020. REUTERS/Thilo Schmuelgen Register now for FREE unlimited access to Reuters.com Register Government could present proposals to parliament this week Government may acquire stake in Uniper: sources Possible Uniper bailout......

Germany has two more African swine fever case in farm pigs – ministry

Reuters
HAMBURG, July 3 (Reuters) – Two more case of African swine fever (ASF) have been confirmed in farm pigs in Germany, Germany’s federal agriculture ministry said. One was in the western state of Lower Saxony which was previously free of the disease and one in the eastern state of Brandenburg......

Wall St Week Ahead: Investors brace for pivotal July after dismal first half

Reuters
NEW YORK, July 1 (Reuters) – The U.S. stock market is reeling from its worst first half of any year since 1970, with investors girding for a series of potential flashpoints in July that may set Wall Street’s course for the coming months. Second-quarter corporate earnings, hotly anticipated U.S. inflation......

Chinese state airlines to buy almost 300 Airbus jets

Reuters
The Airbus A320neo (New Engine Option) takes off during its first flight event in Colomiers near Toulouse, southwestern France, September 25, 2014. REUTERS/Regis Duvignau Register now for FREE unlimited access to Reuters.com Register BEIJING/SYDNEY, July 1 (Reuters) – China’s “Big Three” state airlines pledged on Friday to buy a total......

Muted start to new quarter for European equities as recession worries weigh

Reuters
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 29, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register Euro zone inflation hits another record, tops estimates Micron’s bleak outlook weighs on chip stocks Italy, Spain’s factory activity growth slows......

Downturn fears support dollar, Aussie slumps to two-year low

Reuters
U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, July 1 (Reuters) – Gathering gloom about prospects for the global economy lifted the safe-haven dollar on Friday and pressured risk-sensitive currencies, with the Australian......

Drop in demand weighs on German manufacturing, outlook darkens -PMI

Reuters
A robot adjusts a windscreen in a fully automated process at the Daimler factory in Rastatt, Germany, February 4, 2019. REUTERS/Kai Pfaffenbach Register now for FREE unlimited access to Reuters.com Register BERLIN, July 1 (Reuters) – A sharp fall in new orders weighed on German manufacturing activity in June, darkening......

Germany in bailout talks with Uniper amid gas crisis

Reuters
First German company to raise alarm over scarce gas, prices Gas stocks lowest since early 2017 Fortum says will help but crisis requires big efforts Works council wants German government to step in FRANKFURT/DUESSELDORF/BERLIN, June 30 (Reuters) – Germany’s Uniper (UN01.DE) is in talks about a possible government bailout as......

Stocks sink on fears for global economy, capping worst H1 on record

Reuters
Share indexes down 1% to 3%, U.S. futures weak Cenbank chiefs reiterate inflation warning this week Sweden’s Riksbank latest to hike rates All eyes on U.S. core prices data due later Graphic: Global asset performance LONDON, June 30 (Reuters) – Stocks sank on Thursday to extend what is the worst......

European stocks fall as hawkish c.bank bets fan recession fears

Reuters
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 28, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register Powell, Lagarde stick to hawkish rhetoric German inflation dips in June on one-off effects Stronger-than-expected results lift H&M shares Just Eat......

S.Korea’s LGES reviews plan for $1.3 bln Arizona battery plant as U.S. inflation bites

Reuters
SEOUL, June 29 (Reuters) – South Korean battery maker LG Energy Solution Ltd (LGES) (373220.KS) plans to reassess its investment plan for a standalone Arizona battery factory due to the current U.S. economic environment, a company spokesperson said on Wednesday. The spokesperson’s comments on the previously announced $1.3 billion investment......

Euro below $1.06 as Lagarde keeps July policy options open

Reuters
A shopper pays with a ten Euro bank note at a local market in Nice, France, June 7, 2022. REUTERS/Eric Gaillard Register now for FREE unlimited access to Reuters.com Register LONDON, June 28 (Reuters) – The Aussie and the Canadian dollar climbed on Tuesday on firmer oil prices while the......

G7 agrees to explore cap on Russian oil price – communique

Reuters
G7 invites other nations to explore cap on Russian oil price G7 will commit up to $5 bln to fight hunger – U.S. official Agree to push for Russian gold ban – EU official G7 leaders commit to climate club, make carbon-cutting pledges SCHLOSS ELMAU, Germany, June 28 (Reuters) –......

Stocks, oil edge up as China relaxes quarantine rules

Reuters
LONDON, June 28 (Reuters) – Global shares moved into positive territory on Tuesday while oil prices firmed following China’s decision to ease some quarantine requirements for international arrivals that raised hopes for stronger growth and a revival in demand for commodities. China slashed the quarantine time for inbound travellers by......

Siemens to buy U.S. software company Brightly in $1.58 bln deal

Reuters
Chief Executive Officer (CEO) of German industrial conglomerate Siemens, Roland Busch attends the virtual annual shareholder meeting in Munich, Germany, February 10, 2022. Sven Hoppe/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register ZURICH, June 27 (Reuters) – Siemens (SIEGn.DE) is buying U.S. tech company Brightly Software......

Dollar retreats as markets rethink Fed rate bets, eye ECB hikes

Reuters
U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register U.S. rate hike bets pare back aggressive Fed tightening path Investors watching ECB annual forum in Sintra Markets on lookout for euro zone price data later in......

G7 to stand with Ukraine ‘for as long as it takes’

Reuters
G7 to work with other countries, private sector on oil price cap Emerging countries decline to criticise Russia over Ukraine Japan tries to cut zero-emission vehicles goal from G7 statement SCHLOSS ELMAU, Germany, June 27 (Reuters) – The Group of Seven club of wealthy nations on Monday vowed to stand......

Young activists dismiss ‘vague’ G7 climate pledges at summit

Reuters
A general view of G7 leaders meeting with outreach guests for the working session of the G7 leaders’ summit at the Bavarian resort of Schloss Elmau, near Garmisch-Partenkirchen, Germany, June 27, 2022. REUTERS/Lukas Barth/Pool Register now for FREE unlimited access to Reuters.com Register GARMISCH-PARTENKIRCHEN, Germany, June 27 (Reuters) – Climate......

Ukraine pleads for air defence as Russia turns sights on Lysychansk

Reuters
Ukraine needs modern air defence system – Zelenskiy U.S. to announce missile defence system for Ukraine -source Russian missiles strike Kyiv for first time in weeks Biden condemns Kyiv attack as act of “barbarism” KYIV/POKROVSK, Ukraine, June 27 (Reuters) – Ukrainian President Volodymyr Zelenskiy urged Western leaders to step up......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More