Category Archives:
Seafarer shortage stands in way of Ukraine grain corridor
By Jonathan Saul LONDON (Reuters) - Finding enough seafarers willing to sail ships stuck inside Ukraine's ports is set to pose a major challenge to the proposed grains corridor designed to ease an int...
Syndicated Content Jul 27, 2022
U.S. Treasury official says IMF SDR lending pledges reach about $58 billion
WASHINGTON (Reuters) - Pledges from wealthier International Monetary Fund members to lend IMF Special Drawing Rights reserves to poorer countries through two IMF trust funds have reached about $58 bil...
Syndicated Content Jul 27, 2022
Airbus trims delivery target, slows jet output hike
PARIS (Reuters) - Airbus shaved its annual jet delivery forecast and slowed a planned increase in factory production while sticking to core financial goals on Wednesday, after disruption in the global...
Syndicated Content Jul 27, 2022
Bristol Myers discloses $39 million in Russia exit costs
(Reuters) - Bristol Myers Squibb Co said on Wednesday it had transferred its commercial operations in Russia to a third-party distributor and incurred $39 million in related costs. The drugmaker said ...
Syndicated Content Jul 27, 2022
Moncler H1 sales beat expectations with 46% jump
MILANO (Reuters) - Sales at Italian luxury group Moncler rose 46% at constant exchange rates in the first half of the year, once again beating analysts estimates, thanks to strong growth in Europe and...
Syndicated Content Jul 27, 2022
Biden says he is ‘feeling great’ after testing negative for COVID
WASHINGTON (Reuters) - U.S. President Joe Biden said on Wednesday he will now be able to return to work in person after testing negative for COVID-19, adding that he was "feeling great." "God willing,...
Syndicated Content Jul 27, 2022
Sales growth at Kering’s Gucci slows in Q2 as China weighs
PARIS (Reuters) - Sales at French luxury group Kering's top brand Gucci rose by just 4% in the second quarter, the group said on Wednesday, as a new round of lockdowns weighed on revenues in the key C...
Syndicated Content Jul 27, 2022
Carrefour raises 2022 savings goal, confident on H2
PARIS (Reuters) - Carrefour said on Wednesday it looked to the second half of the year with confidence after Europe's largest food retailer delivered higher first-half operating profit and it raised i...
Syndicated Content Jul 27, 2022
Berkshire Hathaway subsidiary settles U.S. mortgage redlining charges
(Reuters) - A mortgage subsidiary of Warren Buffett's Berkshire Hathaway Inc has agreed to pay $22.4 million to settle U.S. government charges that it intentionally discriminated against minority fami...
Syndicated Content Jul 27, 2022
Campari warns of supply constraints after first half sales rise
By Federico Maccioni MILAN (Reuters) - Italian drinks group Campari reported a 19% rise in like-for-like sales in the first six months of the year, but warned that temporary supply constraints could a...
Syndicated Content Jul 27, 2022
Peoria, IL, USA
38 °F Partly cloudy
