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

Britain to cut Ukraine tariffs to zero to help its economy

LONDON, April 25 (Reuters) – All tariffs on goods coming to Britain from Ukraine under an existing free trade deal will be axed to help the Ukrainian economy, the British government announced on Monday. London said tariffs would be reduced to zero and all quotas removed following a direct request from Ukraine’s President Volodymyr Zelenskiy, … 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

Analysis: US trucking downturn foreshadows possible economic gloom

April 25 (Reuters) – Craig Fuller monitors millions of transactions between US truckers and their customers as chief executive of transportation data company FreightWaves – and he does not like what he is seeing. There has been an unexpectedly sharp downturn in demand to truck everything from food to furniture since the beginning of March … Read more

EXCLUSIVE Twitter under shareholder pressure to seek deal with Musk, sources say

Elon Musk’s twitter account is seen on a smartphone in this photo illustration taken, April 15, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register April 24 (Reuters) – Twitter Inc (TWTR.N) is coming under increasing pressure from its shareholders to negotiate with Elon Musk even though the world’s richest person has … Read more

Exclusive: ECB policymakers keen for quick end to bond buys, early rate hike

The logo of the European Central Bank (ECB) is pictured outside its headquarters in Frankfurt, Germany, December 8, 2016. REUTERS/Ralph Orlowski/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, April 24 (Reuters) – European Central Bank policymakers are keen to end their bond purchase scheme at the earliest possible moment and raise … Read more

G20 cannot function with Russia at the table, Canada says

Candian Foreign Minister Chrystia Freeland speaks to journalists outside the US Trade Representative’s office in Washington, US, August 28, 2018. REUTERS/Chris Wattie/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, April 22 (Reuters) – The Group of 20 major economies cannot effectively function as long as Russia remains a member, Canada’s finance … 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

G7 officials exit World Bank meeting as Russian official begins to speak

International Monetary Fund logo is seen outside the headquarters building during the IMF/World Bank spring meeting in Washington, US, April 20, 2018. REUTERS/Yuri Gripas//File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, April 22 (Reuters) – G7 officials and others walked out of a meeting of the Development Committee that advised the … Read more

Indonesia to ban palm oil exports to curb domestic prices

People shop for cooking oil made from oil palms at a supermarket in Jakarta, Indonesia, March 27, 2022. REUTERS/Willy Kurniawan Register now for FREE unlimited access to Reuters.com Register Ban ‘totally unexpected’ – India trade group Govt under pressure to control cooking oil prices Global prices at records this year after Indonesian curbs Edible oils … Read more