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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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 Mus..
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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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N.Korea’s Kim orders military to stabilise supply of COVID drugs
By Josh Smith and Joori Roh SEOUL (Reuters) -Leader Kim Jong Un has ordered North Korea’s military to stabilise distribution of ..
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Analysis: European dealmakers face shrinking debt options as recession risk looms
By Pamela Barbaglia and Yoruk Bahceli LONDON (Reuters) – European dealmakers are struggling to finance corporate takeovers as co..
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Analysis-Neutral Switzerland leans closer to NATO in response to Russia
By John Revill BERN (Reuters) -Switzerland’s fabled neutral status is about to face its biggest test in decades, with the defenc..
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Ukraine begins first war crimes trial of Russian soldier
By Pavel Polityuk and Tom Balmforth KYIV (Reuters) -A Ukrainian court held a preliminary hearing on Friday in the first war crimes tri..
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Barclays warns of sub-parity euro, 5 ppt GDP hit if Russia turns off gas taps
By Marc Jones LONDON (Reuters) – Analysts at Barclays have warned of a 5 percentage point hit to euro zone GDP and a dive below ..
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Soccer-Nike ends sponsorship deal with Spartak Moscow
(Reuters) -Nike has terminated its sponsorship deal with Russian Premier League club Spartak Moscow because they will not be taking pa..
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Battered sterling gets respite but set for weekly fall vs dollar
By Lucy Raitano LONDON (Reuters) – Britain’s pound edged up against the dollar on Friday, offering some respite from a wee..
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London stocks recover; set for weekly drop as slowdown, inflation fears linger
By Bansari Mayur Kamdar (Reuters) -UK’s FTSE 100 recouped losses on Friday towards the end of a volatile week, led by defensive ..
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Spain April final CPI 8.3% y/y vs 9.8% in March
(Reuters) -Spanish national consumer prices rose 8.3% year-on-year in April, according to data from the National Statistics Institute ..
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Germany promises G7 show of unity against Russia as ministers meet
By Alexander Ratz and John Irish WEISSENHAUS, Germany (Reuters) – Foreign ministers from the G7 group of rich nations aim to giv..
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Explainer-How N.Korea’s COVID-19 outbreak could ignite a major health crisis
By Soo-hyang Choi and Josh Smith SEOUL (Reuters) – North Korea’s admission that it is battling an “explosive” ..
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Analysis: Traders ready for wilder swings as rate rises stoke volatility
By Dhara Ranasinghe, Saikat Chatterjee and Davide Barbuscia LONDON/NEW YORK (Reuters) – Traders in the world’s largest mar..
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AXA, Unilever to join new 1 billion euro regenerative agriculture fund
ZURICH (Reuters) – Insurer Axa and consumer goods group Unilever plan to invest 100 million euros each into a new 1 billion euro..
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ECB firms up expectations for July interest rate hike
LJUBLJANA (Reuters) – The European Central Bank has firmed up expectations that it will raise its benchmark interest rate in Jul..
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Nearly 5 million jobs lost in Ukraine as war pummels economy – ILO
LONDON (Reuters) – Around 4.8 million jobs have been lost in Ukraine since the start of the Russian invasion in February, as the..
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Ukraine pushes Russian forces back, restricts gas flow to Europe
By Pavel Polityuk and Jonathan Landay KYIV/VILHIVKA, Ukraine (Reuters) -Ukrainian forces reported battlefield gains on Wednesday in a ..
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Factbox-Potential bidders in Norway’s first offshore wind tender
By Nora Buli OSLO (Reuters) – Norway has earmarked two areas in the North Sea to accommodate up to 4.5 gigawatt (GW) of floating..
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Analysis: Blockchain needs MP3 music moment to win over markets
By Huw Jones LONDON (Reuters) – Blockchain needs its own music industry ‘MP3′ moment as fragmented regulation and te..
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Explainer-What will a Marcos presidency in the Philippines look like?
By Martin Petty (Reuters) – Ferdinand Marcos Jr has swept an election in the Philippines and will begin a six-year term as presi..
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Tesla stutters under tighter Shanghai lockdown; Beijing keeps hunting COVID
By David Stanway and Martin Quin Pollard SHANGHAI/BEIJING (Reuters) -Tesla operated its Shanghai plant well below capacity on Tuesday,..
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Factbox-UK government sets out priorities in Queen’s speech
LONDON (Reuters) – British Prime Minister Boris Johnson hopes to reset his government on Tuesday with plans aimed at winning bac..
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For some European states, rising debt costs rekindle 2011 crisis memories
By Dhara Ranasinghe LONDON (Reuters) – The rise in European bond yields is alarming some economists, who warn that Italy and Gre..
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Nintendo announces 10-1 stock split; sees Switch sales falling 9%
By Sam Nussey TOKYO (Reuters) – Japan’s Nintendo Co Ltd on Tuesday made a play for the hearts of retail investors, announc..
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European stocks make tentative gains amid global growth worries
(Reuters) -European stocks rose from two-month lows on Tuesday, as bargain hunters returned to buy beaten-down shares following a brui..
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EV maker Lucid to launch luxury sedans in Europe in late 2022
(Reuters) – Electric carmaker Lucid Group plans to launch luxury sedans in Europe later this year, as the Tesla rival aims to ex..
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Analysis: Deal-making frenzy comes to London’s West End
By Iain Withers and Andres Gonzalez LONDON (Reuters) – The exclusive cadre of landlords that run London’s bustling West En..
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Marcos, son of strongman, triumphs in Philippines presidential election
By Karen Lema and Neil Jerome Morales MANILA, (Reuters) -Ferdinand Marcos Jr clinched a stunning runaway victory in the Philippines..
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Exclusive-Germany prepares crisis plan for abrupt end to Russian gas – sources
By John O’Donnell BERLIN (Reuters) – German officials are quietly preparing for any sudden halt in Russian gas supplies wi..
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Portugal set to start up Europe’s largest floating solar park
By Sergio Goncalves and Miguel Pereira ALQUEVA, Portugal (Reuters) – Two tugboats have moved a vast array of 12,000 solar panels..
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Putin’s Victory Day speech leaves no clue on future escalation
By Pavel Polityuk and Jonathan Landay KYIV/KHARKIV, Ukraine (Reuters) -Vladimir Putin exhorted Russians to battle in a defiant Victory..
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Exclusive-Germany, Qatar at odds over terms in talks on LNG supply deal -sources
By Marwa Rashad, Andrew Mills and Christoph Steitz LONDON (Reuters) – Germany and Qatar have hit difficulties in talks over long..
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EU considers more funds for eastern states in bid for deal on Russia oil ban
By Francesco Guarascio BRUSSELS (Reuters) -The European Commission is considering offering landlocked eastern European Union states mo..
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