UK retail sales jump unexpectedly, but big picture bleak
By Andy Bruce LONDON (Reuters) – British retail sales jumped unexpectedly in April as shoppers loaded up on alcohol and tobacco,..
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Ukraine apartment residents suffer war in different ways
By Jonathan Landay SLATYNE, Ukraine (Reuters) – The only 10 residents left in the Commune, an apartment complex in the eastern U..
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Exclusive-Danone ramps up U.S. baby formula shipments to address shortage
By Richa Naidu and Lisa Baertlein LONDON/LOS ANGELES (Reuters) – Aptamil maker Danone SA has stepped up shipments of infant form..
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Computer chip giant ASML places big bets on a tiny future
By Toby Sterling VELDHOVEN, Netherlands (Reuters) – ASML, a semiconductor industry and stock market giant, has to think smaller...
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Some in Shanghai allowed out to shop; end of COVID lockdown in sight
By Brenda Goh SHANGHAI/BEIJING (Reuters) – More Shanghai residents were given the freedom to go out to shop for groceries for th..
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Spiralling costs could take Greek graviera cheese off the menu
By Karolina Tagaris and Vassilis Triandafyllou NAXOS, Greece (Reuters) – In a small factory on the Greek island of Naxos, worker..
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McDonald’s to sell Russia restaurants to local operator, rebrand
By Praveen Paramasivam (Reuters) -McDonald’s Corp is selling its restaurants in Russia to one of its current local licensees, wh..
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Deutsche Bank enters new era as chairman’s rocky decade ends
By Tom Sims and Frank Siebelt FRANKFURT (Reuters) -Deutsche Bank begins a new epoch on Thursday as Chairman Paul Achleitner leaves aft..
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UK industrial orders grow at joint-record pace in May – CBI
LONDON (Reuters) -British manufacturers reported the joint-strongest growth in orders this month since records began, while output ros..
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Going beyond its guidance on Russian gas payments is not ‘advisable,’ EU says
BRUSSELS (Reuters) – It is not “advisable” for companies to go beyond the European Commission’s guidance on ho..
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Germany’s 10-year yield drops below 1% as growth fears in focus
By Yoruk Bahceli (Reuters) – Germany’s 10-year bond yield fell below the closely watched 1% level on Thursday as a slump i..
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NATO does not plan nuclear arms or bases in Finland, PM tells paper
HELSINKI (Reuters) – The NATO alliance has not expressed any interest in placing nuclear weapons or permanent bases in Finland, ..
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By Dragon’s Rock, world’s policymakers plot how to slay stagflation
By Francesco Canepa KOENIGSWINTER, Germany (Reuters) – The world’s top central bankers and finance ministers gathering nea..
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UiPath Partners with Adobe to Automate End-to-End Digital Document Processes and Workflows
New integrations harness the power of UiPath end-to-end automation platform with Adobe Document Services and e-signature capabilities,..
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Introducing the Lenovo ThinkPad P16: A New Power-Packed Mobile Workstation Tackling the Most Demanding Workflows On-the-Go
17 May 2022 – Today’s workstation users are balancing the need to seamlessly be able to work in multiple environments, with the ..
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London City Airport brings forward net zero target to 2030
By Kate Holton LONDON (Reuters) – London’s City Airport has vowed to become net zero by 2030, accelerating an original goa..
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Euro zone April inflation revised down to 7.4%; still a record high
FRANKFURT (Reuters) – Euro zone inflation held steady at a record high 7.4% in April, driven by soaring fuel and food costs, the..
Finance
Cricket-England recall Anderson, Broad for first two NZ tests
LONDON (Reuters) -Veteran seamers James Anderson and Stuart Broad returned to the England test squad on Wednesday for the first two te..
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When Africans asked for COVID shots, they didn’t get them. Now they don’t want them
By Edward McAllister and Cooper Inveen DAKAR/ACCRA (Reuters) – It’s noisy inside the Mamprobi clinic in Accra as kids clam..
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Austria’s neutral status here to stay, foreign minister says
BERLIN (Reuters) – The foreign minister of Austria said his country would retain its neutral status even as EU allies Sweden and..
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Soccer-Police arrest man after Blades skipper Sharp attacked
(Reuters) – Nottinghamshire Police on Wednesday arrested a 31-year-old man on suspicion of assault after Sheffield United’..
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Digitisation of the British automotive industry picks up speed
Pinewood DMS integrates with Scrive eSign Scrive, European pioneer in automating contract-based business processes with electronic sig..
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Celonis Assembles Industry’s Top Companies and Business Leaders on 12-City Execution Management World Tour
May 17, 2022 – Celonis, the global leader in execution management, today unveiled the full line up of speakers, products, and highligh..
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32% of UK employees changed jobs in the last 12 months because their employer wasn’t offering enough upskilling and training opportunities
New study also reveals employees are spending an average of nearly 7 hours each month and nearly £2.6K each year of their money to en..
Business
China Eastern crash probe looks into crew actions -sources
By David Shepardson WASHINGTON (Reuters) -Investigators looking into the crash of a China Eastern Airlines jet are examining the actio..
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European shares inch lower on inflation worries
By Susan Mathew (Reuters) -European shares slipped on Wednesday led by technology stocks, as worries about inflation and monetary poli..
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FTSE 100 slips on inflation worries, Premier Foods boosts midcaps
(Reuters) -UK’s top share index slipped on Wednesday as data showed inflation jumped 9% last month, fuelling fresh worries about..
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Aircraft leasing faces shake-up as risks cloud recovery
By Tim Hepher PARIS (Reuters) -Global aircraft leasing faces a new shake-up this week after SMBC Aviation Capital’s deal to buy ..
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Sri Lanka to default on debt, no money for fuel, minister says
By Uditha Jayasinghe and Alasdair Pal COLOMBO (Reuters) – Sri Lanka is expected to be placed into default by rating agencies on ..
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Cricket-New Zealand excited to face off against old skipper McCullum
(Reuters) – Brendon McCullum will be a “massive asset” in the English dressing room and the coach’s aggressive..
News
ABN Amro’s profit beats estimates, but Ukraine war concerns loom
(Reuters) -Dutch bank ABN Amro on Wednesday reported first-quarter net profit above market expectations helped by the reopening of Dut..
Companies
Stellantis sees India as profitable auto market amid challenges in China, Russia
By Aditi Shah NEW DELHI (Reuters) – Stellantis chief Carlos Tavares expects India to be a profitable market and a bigger growth ..
Companies
Huge’ pressure for Shanghai to stay COVID-free as end to lockdown looms
By David Stanway and Martin Quin Pollard SHANGHAI/BEIJING (Reuters) -Health authorities in Shanghai faced “huge” pressure ..
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Twitter’s account of deal shows Musk signing without asking for more info
Twitter’s account of deal shows Musk signing without asking for more info
By Greg Roumeliotis and Tom Hals (Reuters) – Twitter Inc published its account on Tuesday of its deal negotiations with Elon Musk, showing he op..
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Depp lawyers question Heard about knife, love notes in defamation case
By Lisa Richwine LOS ANGELES (Reuters) – Attorneys for Johnny Depp attempted to discredit Amber Heard’s abuse claims in th..
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Credit Suisse Group rating downgraded by S&P
ZURICH (Reuters) -Credit Suisse Group AG’s credit rating has been downgraded to BBB from BBB+ by Standard & Poors, a blow fo..
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Factbox-COVID-hit Chinese cities seek exit from painful lockdown
By Roxanne Liu and Ryan Woo (Reuters) – Plans by COVID-hit Chinese cities to exit or avoid lockdown are more fraught and uncerta..
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