Category Archives:
Column: Dollar cresting as central banks ape Fed: Mike Dolan
By Mike Dolan LONDON (Reuters) - Central banks around the world are starting to sing from the U.S. Federal Reserve's hymn sheet - and it could well be a coda to the dollar's startling appreciation of ...
Jul 22, 2022
UK retail sales slip in June as consumers struggle with inflation
LONDON (Reuters) -British retail sales volumes fell by a smaller-than-expected 0.1% in June from May, the Office for National Statistics said on Friday, but the trend remained weak as households strug...
Jul 22, 2022
Polish c.banker Litwiniuk says inflation may keep rising in 2023
WARSAW (Reuters) - Inflation in Poland may keep rising in 2023, central banker Przemyslaw Litwiniuk said on Friday in an interview with private broadcaster TVN24. (Reporting by Alan Charlish and Anna ...
Jul 22, 2022
Forestry group Stora Enso’s quarterly earnings miss estimates
HELSINKI (Reuters) -Finnish-Swedish forestry company Stora Enso posted weaker-than-expected quarterly earnings on Friday as logistics bottlenecks dented profitability. "Demand has been robust for our ...
Jul 22, 2022
Danske Bank axes dividends again over Estonia case
COPENHAGEN (Reuters) - Danske Bank will not pay 2021 dividends tied to second quarter results as it is still in discussions with Danish and U.S. authorities over involvement in a money laundering scan...
Jul 22, 2022
Northvolt and Stora Enso to develop batteries from forestry byproduct
HELSINKI (Reuters) - Swedish battery maker Northvolt and Finnish-Swedish forestry company Stora Enso are trying to develop batteries from forestry byproduct lignin, the companies said on Friday. A par...
Jul 22, 2022
Tietoevry mulls spin-off of banking unit
(Reuters) - Finnish IT services provider Tietoevry said on Friday it had started a strategic review of its banking business, which could result in the separation and listing of the unit. The business,...
Jul 22, 2022
Lonza’s first-half core EBITDA gains 16.5%
By Ludwig Burger (Reuters) - Swiss drug contract manufacturer Lonza said first-half core earnings gained 16.5% on strong demand from drugmakers. First-half core earnings - adjusted for interest, tax, ...
Jul 22, 2022
Norsk Hydro to offer extra dividend, share buyback, Q2 in line
OSLO (Reuters) - Norwegian aluminium-maker Norsk Hydro said on Friday it would propose an extra dividend and offer share buybacks as it reported upbeat quarterly profits in line with expectations. Adj...
Jul 22, 2022
Luton Airport runway meltdown shows airports vulnerable to climate change
By Jamie Freed (Reuters) - The temporary disruption at London's Luton Airport on Monday when soaring temperatures caused a small section of the asphalt to lift is an example of the challenges airports...
Jul 22, 2022
Peoria, IL, USA
38 °F Partly cloudy
