By Toby Sterling and William James LONDON/THE HAGUE (Reuters) -Britain will send investigators to Ukraine to help gather evidence of war crimes, including sexual violence, its foreign minister said on Friday. Both Ukrainian prosecutors and the Internat…
UK’s AO World slumps after third profit warning in six months
By Shanima A (Reuters) -Britain’s largest online electricals retailer AO World on Friday issued its third profit warning in six months, sending its shares tumbling more than 19%. The company, which sells laptops, washing machines, mobile phones and pri…
BASF concedes Wintershall Dea IPO is not an option now
FRANKFURT (Reuters) – BASF said it has given up efforts to separately list its oil and gas business Wintershall Dea via an initial public offering (IPO) for now due to the joint-venture’s exposure in Russia. “We want to list the company on the stock ex…
Iran: ‘Terrorist attacks’ on nuclear facilities behind move of centrifuge machines
(Reuters) – The relocation of a significant part of centrifuge machines to a safer location was due to a “terrorist attack” against Iran’s Karaj nuclear site, the spokesman for the Atomic Energy Organisation of Iran was quoted as saying on Friday. U.N….
Swedish utility Vattenfall’s Q1 operating profit drops 21%
OSLO (Reuters) – Swedish utility Vattenfall posted a 21% drop in first-quarter operating profits as grid congestion negatively impacted power prices, the company said on Friday. Underlying earnings before interest and tax (EBIT) fell to 9.5 billion Swe…
Material costs, Ukraine war lead Henkel to expect lower profits
DUESSELDORF, Germany (Reuters) – German consumer goods group Henkel said on Friday it was lowering its profit forecasts for 2022 in light of stronger-than-expected increases in materials costs and the consequences of the Russian invasion of Ukraine. Ho…
Local elections could spell end of the party for UK’s Johnson
By Andrew MacAskill and Michael Holden NEWCASTLE-UNDER-LYME, England (Reuters) – John Jones is the sort of voter that British Prime Minister Boris Johnson cannot afford to lose – but already has. Jones, who backed Johnson’s Conservatives at the nationa…
Britain says ‘Battle of Donbas’ remains Russia’s main strategic focus
(Reuters) – The “Battle of Donbas” remains Russia’s main strategic focus in order to achieve its stated aim of securing control over the Donetsk and Luhansk regions, Britain’s defence ministry said on Friday. “In these oblasts fighting has been particu…
Beijing closes gyms, malls to contain COVID as anger grows in Shanghai
By Martin Quin Pollard and David Stanway BEIJING/SHANGHAI (Reuters) -China’s capital Beijing closed more businesses and apartment blocks on Friday, with authorities ramping up contact tracing to contain a COVID-19 outbreak, while resentment at the drac…
Amundi says portfolio rose 15% from last year, but Q1 had “less favourable” environment
PARIS (Reuters) – Asset manager Amundi on Friday posted a quarterly net revenue of 835 million euros ($877.33 million), up 8.4% from last year as overall assets under management rose 15%, but added its business environment darkened over the last three …