PARIS (Reuters) – French aerospace group Safran warned of “significant impacts” from the war in Ukraine and from rising inflation, but confirmed full-year forecasts as it reported 22% growth in first-quarter revenue. The maker of jet engines and landin…
Singapore banks post Q1 profit declines in weak markets
By Anshuman Daga SINGAPORE (Reuters) -Singapore lenders DBS Group and OCBC both reported 10% declines in their quarterly profits from record performances a year ago, with their wealth management businesses hit by weaker markets. “Geopolitical developme…
More UK firms plan to raise prices – Lloyds
LONDON (Reuters) – Almost six out of 10 British companies plan to raise prices in the coming year due to rising cost pressures, a monthly survey by Lloyds, a bank, showed on Friday. Lloyds said its wider measure of business confidence was unchanged in …
Biden seeks $33 billion war chest to support Ukraine, Zelenskiy wants quick approval
By Trevor Hunnicutt and Steve Holland WASHINGTON (Reuters) -President Joe Biden asked Congress for $33 billion to support Ukraine – a dramatic escalation of U.S. funding for the war with Russia – and the Ukrainian president pleaded with lawmakers to gi…
Global shares rise as earnings boost, U.S. dollar hits 20-year high
By Chris Prentice and Tom Wilson WASHINGTON/LONDON (Reuters) -The U.S. dollar touched its highest level since 2002 on Thursday, as Wall Street rose and European shares moved off six-week lows as strong earnings reports offset gloomy U.S. economic data….
Soccer-Chelsea has weeks to complete sale, says UK minister
LONDON (Reuters) – Premier League club Chelsea is on borrowed time and only has weeks to complete its sale, Britain’s Secretary of State for Digital, Culture, Media and Sport told the BBC on Thursday. Chelsea were put up for sale by Russian billionaire…
Volkswagen, BP could expand e-car charging alliance to other regions
By Christoph Steitz DUESSELDORF, Germany (Reuters) – Europe’s top carmaker Volkswagen and oil major BP plan to deepen their electric charging partnership and could expand it to other regions and technologies, their CEOs said on Thursday. The comments r…
Visitors trickle back, but climbing mecca Nepal seeks more
By Gopal Sharma and Manoj Kumar KATHMANDU (Reuters) – Nepal is putting a 21st-century spin on a tourism sector dominated by activities unchanged for generations as it looks to boost a vital part of an economy decimated by the COVID-19 pandemic and soar…
Blasts on vans carrying Shi’ite Muslims in northern Afghanistan kill nine
KABUL (Reuters) -Bombs exploded aboard two passenger vans carrying Shi’ite Muslims in the northern Afghanistan city of Mazar-e-Sharif on Thursday, killing at least nine people, an official said. The blasts follow an explosion at a Shi’ite mosque in the…
Portugal’s Jeronimo Martins’ quarterly profit jumps 52%, outlook uncertain
LISBON (Reuters) – Portugal’s No. 2 retailer Jeronimo Martins on Thursday posted a 52% jump in first-quarter net income as its key market Poland led a rise in sales, but warned of uncertainty ahead due to the conflict in Ukraine, inflation and other fa…