GE shares slump as worsening supply chain, inflationary woes pressure profit

A traffic light is seen in front of a logo of General Electric at the company’s plant in Birr, Switzerland June 17, 2019. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com Register April 26 (Reuters) – General Electric Co (GE.N) on Tuesday said fresh COVID-19 pandemic-related lockdowns in China as well as … Read more

EXCLUSIVE Germany to hike 2022 inflation forecast to 6.1% – document

The skyline is pictured at the end of the first day under a partial lock down of the city by authorities due to the spread of the coronavirus disease (COVID-19) in Frankfurt, Germany, March 18, 2020. REUTERS/Kai Pfaffenbach Register now for FREE unlimited access to Reuters.com Register BERLIN, April 25 (Reuters) – The German government … Read more

Germany pledges quick decision on first heavy arms delivery to Ukraine

BERLIN, April 25 (Reuters) – Germany will decide soon on whether to approve the delivery of 100 old Marder infantry fighting vehicles to Ukraine, a government spokesperson said on Monday, in what would be the first German heavy weapons shipment to Ukraine. German defense company Rheinmetall (RHMG.DE) has requested approval to export the vehicles to … Read more

Putin accuses West of ‘terror’, tells prosecutors to be tough

Russian President Vladimir Putin attends the Orthodox Easter service at the Cathedral of Christ the Savior in Moscow, Russia April 23, 2022. Picture taken April 23, 2022. Sputnik/Sergei Fadeichev/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register Putin says West is trying to destroy Russia from within Western-backed assassins tried to kill … Read more

Factbox: Companies count the cost of ditching Russia

April 22 (Reuters) – Multinational companies that announced their exit from Russia, or suspension of activities there, after its invasion of Ukraine have started to calculate losses associated with their decisions. Below is an alphabetical list of firms that have provided cost estimates related to their temporary or permanent halt of business in Russia: AB … Read more

500,000 refugees from Ukraine have mental health issues, WHO says

Ukrainian refugees fleeing Russia’s invasion of Ukraine, walk after crossing the border between Ukraine and Poland, in Kroscienko, Poland, March 22, 2022.REUTERS/Hannah McKay GENEVA, March 22 (Reuters) – About half a million refugees from Ukraine who have fled to Poland need support for mental health disorders, and 30,000 have severe mental health problems, the representative … Read more

Scholz says top priority is avoiding NATO confrontation with Russia

German Chancellor Olaf Scholz makes a statement after talks with European leaders and US President Joe Biden, in Berlin, Germany, April 19, 2022. REUTERS/Lisi Niesner/Pool Register now for FREE unlimited access to Reuters.com Register Scholz warns Germany may be considered party to war if it sends tanks Scholz could soon be forced to decide on … Read more

Big business joins forces to bridge Germany’s growing skills gap

BERLIN, April 22 (Reuters) – Germany’s industrial heavyweights are teaming up to retrain workers in areas such as software and logistics to fill a growing skills gap and avoid layoffs among workers of all ages as the economy shifts to clean energy and online shopping. More than 36 major companies, ranging from auto suppliers such … Read more

Russia tests nuclear-capable ballistic missile that Putin says has no peer

The Sarmat intercontinental ballistic missile is launched during a test at Plesetsk cosmodrome in Arkhangelsk region, Russia, in this still image taken from a video released on April 20, 2022. Russian Defense Ministry/via REUTERS Register now for FREE unlimited access to Reuters.com Register LONDON, April 20 (Reuters) – Russia said on Wednesday it had test-launched … Read more

Morning Bid: More of the same

US dollar and Japan yen notes are seen in this photo illustration June 2, 2017. REUTERS/Thomas White/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Julien Ponthus. Many recent trends seem to be accelerating across financial markets this morning with notably the dollar climbing … Read more