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  • Financial News

    K+S expects high potash prices to offset gas shortage hit, maintains outlook

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    By David Latona and Ina Kreutz (Reuters) – Potash and salt miner K+S reiterated its full-year profit guidance on Thursday, as it expects higher fertiliser prices to offset the impact …

  • Financial News

    El Al CEO sees approval for Saudi-Oman corridor within days

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    By Steven Scheer JERUSALEM -Permission for El Al Israel Airlines to fly over Oman is expected in “a matter of days”, chief executive Dina Ben-Tal said on Thursday, a move …

  • Top HeadlinesUS and World News

    One killed as blasts rock Russia base in Crimea, Kyiv not taking responsibility

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    By Kevin Liffey LONDON – One person was killed on Tuesday when a Russian air base near seaside resorts in the annexed Crimean peninsula was rocked by blasts that Moscow …

  • Financial News

    Thyssenkrupp’s Q3 operating profit nearly triples on steel price rebound

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    FRANKFURT -Thyssenkrupp’s third-quarter operating profit nearly tripled on the back of higher steel prices, the German conglomerate said on Thursday, but it added that it faced headwinds from high raw …

  • Financial News

    Gaming industry’s fortunes fade as spending squeeze follows pandemic bump

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    (This Aug 10 story corrects typo in first paragraph. A previous version was corrected to change the name of the research firm in paragraph 5) By Tiyashi Datta (Reuters) – …

  • Financial News

    Samsung unveils new foldable smartphones, seeking keep lead in growing market

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    By Joyce Lee SEOUL – Samsung Electronics unveiled its latest high-end foldable smartphones on Wednesday, keeping prices at the same level as last year’s in a bid to cement its …

  • Top HeadlinesUS and World News

    ‘No one can stop them’: African migrants aim for Spain’s Canary Islands

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    By Corina Pons GRAN CANARIA – Standing in a cemetery of abandoned boats, Mohamed Fane picks a West African franc off the floor and shudders at the traumatic memory of …

  • Top HeadlinesUS and World News

    ‘Extreme’ weather warning in force in Britain as new heatwave hits

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    By Sachin Ravikumar LONDON -A four-day “extreme heat” warning came into force in parts of England and Wales on Thursday, with temperatures poised to top 35 Celsius in another heatwave …

  • Financial News

    Coca-Cola HBC flags one-time $195 million hit from Russian operations

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    By Amna Karimi (Reuters) -Coca-Cola HBC AG said on Thursday it took a one-time hit of 190 million euros ($195.4 million) in the first half from costs related to its …

  • Financial News

    Ferragamo partners with Farfetch to grow online, reach younger shoppers

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    MILAN -Italian fashion house Salvatore Ferragamo said on Thursday it had struck a partnership with online luxury shopping retailer Farfetch to expand its digital presence, targeting younger shoppers. Ferragamo said …

  • Financial News

    China’s July auto sales extend recovery, jump 30% as COVID curbs ease

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    SHANGHAI -China’s auto sales surged 29.7% in July from a year earlier to 2.42 million units, extending a recovery that began in June with the help of eased COVID curbs …

  • Financial News

    Miner Antofagasta’s profit slumps on rising costs, Chile drought

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    By Clara Denina LONDON – Antofagasta posted a fall in half-year profit on Thursday, as higher costs, lower grades and a persistent drought in Chile hit the miner’s copper production. …

  • Top HeadlinesUS and World News

    Several cities in China add COVID curbs as millions still under lockdown

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    BEIJING – Several COVID-hit Chinese cities from the country’s east to west imposed fresh restrictions and lockdowns on their populations on Thursday to contain flare-ups that are again threatening to …

  • Financial News

    Google opposes Facebook-backed proposal for self-regulatory body in India -sources

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    By Aditya Kalra NEW DELHI – Google has grave reservations about developing a self-regulatory body for the social media sector in India to hear user complaints, though the proposal has …

  • Financial News

    Hapag-Lloyd more than trebles H1 net profit, sees economic uncertainty

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    FRANKFURT -German container shipper Hapag-Lloyd on Thursday posted a net profit of 8.7 billion euros ($8.94 billion) for the first half of 2022, more than three times as much as …

  • Top HeadlinesUS and World News

    ‘Freedom, happiness, opportunities’: Afghan women learn to swim, drive in Australia

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    By Stefica Nicol Bikes SYDNEY – At an indoor pool in a western Sydney suburb, about 20 Afghan women who recently reached Australia as refugees listen to former asylum seeker …

  • Financial News

    Valneva cuts full-year outlook on lower COVID-19 vaccine sales

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    (Reuters) -French vaccine developer Valneva on Thursday cut its full-year revenue outlook citing lower demand for its anti-COVID shot from European Union member states. The European Commission in July slashed …

  • Financial News

    Thai consumer mood at 5-month high in July

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    BANGKOK – Thai consumer confidence rose for a second straight month in July, reaching a five-month high, boosted by improved economic activity following an easing of COVID-19 curbs, but high …

  • Financial News

    Softer inflation ‘huge relief’ for battered investors in U.S. stocks and bonds

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Saqib Iqbal Ahmed and Davide Barbuscia NEW YORK -Softer than expected U.S. inflation data buoyed investors’ faith that twin rebounds in stocks and bonds will persist in a year …

  • Financial News

    Fed’s Mary Daly says it’s too early to ‘declare victory’ over inflation – FT

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    (Reuters) -San Francisco Federal Reserve Bank President Mary Daly warned it is far too early for the U.S. central bank to “declare victory” in its fight against inflation, the Financial …

  • Financial News

    Yellen tells IRS not to increase middle-class audits if it gets more funding

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    WASHINGTON -U.S. Treasury Secretary Janet Yellen told the Internal Revenue Service on Wednesday that if the Inflation Reduction Act became law additional IRS resources should not be used to increase …

  • Top HeadlinesUS and World News

    Russian-backed separatist head says Azov trial to begin this summer

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    OLENIVKA, Ukraine – The head of the Russian-backed separatist administration in eastern Ukraine’s Donetsk region said on Wednesday that a trial of captured personnel from Ukraine’s Azov Regiment would take …

  • Top HeadlinesUS and World News

    China withdraws promise not to send troops to Taiwan if it takes control of island

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Yew Lun Tian BEIJING -China has withdrawn a promise not to send troops or administrators to Taiwan if it takes control of the island, an official document showed on …

  • Top HeadlinesUS and World News

    China military ‘completes tasks’ around Taiwan, plans regular patrols

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Martin Quin Pollard and Yimou Lee BEIJING/TAIPEI – China’s military has “completed various tasks” around Taiwan but will conduct regular patrols, it said on Wednesday, potentially signalling an end …

  • Financial News

    Singapore downgrades Q2 GDP, outlook as risks grow

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Chen Lin SINGAPORE -Singapore’s economy expanded less than initially estimated in the second quarter and the government revised its growth projections for 2022 lower, flagging risks to the global …

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