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July 1, 2022

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Biden administration throws support behind potential F-16 sale to Turkey

Reuters
A U.S. Air Force F-16 fighter taking part in the U.S.-led Saber Strike exercise flies over Estonia June 6, 2018. REUTERS/Ints Kalnins Register now for FREE unlimited access to Reuters.com Register MADRID, June 29 (Reuters) – The Biden administration threw its support on Wednesday behind the potential sale of U.S.......

H&M profit jumps as shoppers hit stores after pandemic

Reuters
The H&M clothing store is seen in Times Square in Manhattan, New York, U.S., November 15, 2019. REUTERS/Mike Segar Register now for FREE unlimited access to Reuters.com Register STOCKHOLM, June 29 (Reuters) – H&M (HMb.ST), the world’s second-biggest fashion retailer, reported a forecast-beating 33% increase in March-May profit on Wednesday......

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......

Swedish court upholds ban on Huawei sale of 5G gear

Reuters
STOCKHOLM, June 22 (Reuters) – A Swedish appeals court on Wednesday upheld a ruling by a lower court that banned Huawei (HWT.UL) from selling 5G equipment in the country, in the latest setback to the Chinese telecoms company’s hopes of staging a comeback. In 2020, Swedish telecom regulator PTS unexpectedly......

EU must stick with Ukraine despite economic pain -European Commission

Reuters
A model of the natural gas pipeline is seen in front of displayed word EU and Russia flag colours in this illustration taken March 8, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register BRUSSELS, June 22 (Reuters) – Europe must keep up its support for Ukraine......

Germany risks recession as Russian gas crisis deepens

Reuters
Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now for FREE unlimited access to Reuters.com Register More Europeans activate first stage of gas crisis plans Surging gas price adds to policymakers’ inflation headache Slowing......

IKEA puts Russian factories up for sale, plans job cuts

Reuters
Stores in Russia will remain closed Will seek to sell factories Aims to reduce 15,000-strong workforce Ingka’s 14 “MEGA” shopping malls in Russia to stay open STOCKHOLM, June 15 (Reuters) – IKEA said on Wednesday it would sell factories, close offices and reduce its 15,000-strong workforce in Russia, the latest......

Toyota shares fall over 2% after criticism from green activist investors

Reuters
The Toyota logo is seen at its booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, June 13 (Reuters) – Shares of Toyota Motor Corp (7203.T) opened down more than......

Norway oil firms, workers agree wage deal in principle, avert strike for now

Reuters
The West Hercules drilling rig leaves Skipavika, Norway April 1, 2018. REUTERS/Gwladys Fouche/File Photo Register now for FREE unlimited access to Reuters.com Register OSLO, June 12 (Reuters) – Norwegian oil firms and employees have agreed in principle a new wage deal, avoiding for now a strike at nine fields that......

Norway negotiators work overtime to avert oil strike

Reuters
A general view of Equinor’s Johan Sverdrup oilfield platforms in the North Sea, Norway, December 3, 2019. REUTERS/Ints Kalnins/File Photo Register now for FREE unlimited access to Reuters.com Register OSLO, June 12 (Reuters) – Norwegian oil workers and their employers have extended wage negotiations past a midnight deadline in a......

Automakers back U.S. restoring California emissions authority

Reuters
WASHINGTON, June 7 (Reuters) – Five automakers including Ford Motor Co (F.N), Volkswagen AG (VOWG_p.DE) and Honda Motor Co (7267.T) on Tuesday backed efforts by President Joe Biden’s administration to restore California’s ability to set its own strict tailpipe and zero-emission vehicle standards. Joined by BMW AG (BMWG.DE) and Volvo......

Finland and Sweden to continue NATO talks with Turkey

Reuters
Minister for Foreign Affairs of Finland Pekka Haavisto speaks during a news conference following a meeting with U.S. Secretary of State Antony Blinken at the State Department in Washington, D.C., U.S., May 27, 2022. REUTERS/Sarah Silbiger Register now for FREE unlimited access to Reuters.com Register HELSINKI, June 1 (Reuters) –......

Fashion industry needs to pick up pace on climate goals, says report

Reuters
People stand next to the window of a fashion boutique in a shopping district in Tokyo, Japan, May 30, 2016. REUTERS/Thomas Peter/File Photo Register now for FREE unlimited access to Reuters.com Register PARIS, May 31 (Reuters) – The 30 largest listed fashion firms must do more to hit Paris climate......

Ericsson holds off O’Ward in two-lap shootout to win Indy 500

Reuters
Hard work pays off, says Ericsson Second Swede to win Indy 500 Over 300,000 fans back at the Brickyard INDIANAPOLIS, May 29 (Reuters) – Sweden’s Marcus Ericsson prevailed in a two-lap shootout to win a dramatic Indianapolis 500 on Sunday as the Brickyard reclaimed the mantle of the world’s biggest......

Super Trouper: ABBA returns to stage as virtual avatars for London gigs

Reuters
LONDON, May 26 (Reuters) – Performing their much-loved hits like “Mamma Mia!” and “Dancing Queen”, Swedish supergroup ABBA returned to the stage on Thursday, albeit as digital avatars, for a new London concert residency. The band – Bjorn Ulvaeus, Benny Andersson, Agnetha Faltskog and Anni-Frid Lyngstad – have been brought......

AstraZeneca says EU regulator approves COVID shot as booster

Reuters
May 23 (Reuters) – Drugmaker AstraZeneca (AZN.L) said on Monday its COVID-19 vaccine, Vaxzevria, has been approved in the European Union by the bloc’s drugs regulator as a third-dose booster in adults following a committee endorsement last week. The vaccine can now be used as a booster following the two-dose......

Turkey’s Erdogan discusses concerns with NATO hopefuls Sweden and Finland

Reuters
Turkish President Tayyip Erdogan addresses members of his ruling AK Party (AKP) during a meeting at the parliament in Ankara, Turkey May 18, 2022. Murat Cetinmuhurdar/Presidential Press Office/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register ISTANBUL, May 21 (Reuters) – Turkish President Tayyip Erdogan, who has......

U.S. says Turkey’s approach to Sweden, Finland NATO bid not a bilateral topic

Reuters
WASHINGTON, May 20 (Reuters) – Turkey’s approach to the NATO accession process of Sweden and Finland is not a bilateral issue between Washington and Ankara, the U.S. State Department said on Friday, but added that Washington was speaking with Ankara and it remained confident that the dispute would be overcome.......

Ukraine says Russian attacks on Donbas intensifying

Reuters
Donbas region is completely destroyed -Zelenskiy Group of Seven sends billions more to Ukraine U.S. Senate approves $40 bln in further aid KYIV/SLATYNE, Ukraine, May 20 (Reuters) – Russian forces intensified their offensive in Ukraine’s eastern Donbas region using artillery, rocket-launchers and aircraft to damage defences around Donetsk, Ukraine’s general......

Fears for Mariupol defenders after surrender to Russia

Reuters
Service members of Ukrainian forces who have surrendered after weeks holed up at Azovstal steel works are seen inside a bus, which arrived under escort of the pro-Russian military at a detention facility in the course of Ukraine-Russia conflict in the settlement of Olenivka in the Donetsk Region, Ukraine May......

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