(Reuters) – A slump in shares of streaming giant Netflix pointed to a lower open for the Nasdaq on Wednesday, although the other two indexes looked set to extend gains as investors focused on earnings and clues on U.S. interest rates. Netflix Inc slumped 27.4% in premarket trading and dragged down Disney, Roku and Warner…
ATHENS, Greece (AP) — Inside Greece’s Orthodox churches, candles are a symbol of faith and simplicity, slender and traditionally made of beeswax, and placed in large candleholders filled with sand. Outside, buyers are looking for a wow-factor to go with Easter gifts: They are sold with dolls, watches and karaoke microphones, or fashioned using dyes…
By Asif Shahzad ISLAMABAD (Reuters) -Pakistan will need to cut expenditures and development funds to try and revive an International Monetary Fund (IMF) programme, Finance Minister Miftah Ismail said on Wednesday. “We will seek revival of the IMF programme, and we will, God willing, do belt tightening, and cut PSDP (Public Sector Development Funds),” Ismail…
(Reuters) – Hong Kong’s Cathay Pacific Airways Ltd said on Wednesday it would work with corporate customers to launch a major corporate sustainable aviation fuel (SAF) programme in Asia, as firms look to shrink their carbon footprint. The flagship carrier said it would work with eight clients including insurer AIA Group, Standard Chartered and HSBC…
By Dominique Vidalon PARIS (Reuters) – Shares in Danone rose over 8% on Wednesday, lifted by a media report of merger interest from French dairy rival Lactalis and stronger than expected first-quarter sales, which reassured investors its revival plan was on track. Despite the robust start to the year, the maker of Activia yoghurt and…
MADRID (AP) — Spain took another step Wednesday toward a sense of normality amid the pandemic by partially ending the near two-year-long obligatory use of masks indoors. The government decree, passed Tuesday, keeps masks mandatory for visitors and staff in medical centers and nursing homes, although patients won’t always be obliged to wear them. Masks…
LONDON (AP) — A British judge on Wednesday formally approved the extradition of Julian Assange to the United States to face spying charges. The case will now go to Britain’s interior minister for a decision, though the WikiLeaks founder still has legal avenues of appeal. The order, which brings and end to the years’-long extradition…
TOKYO (AP) — Japan formally revoked Russia’s “most favored nation” trade status Wednesday over its invasion of Ukraine, as Tokyo steps up sanctions amid revelations of the Russian military’s widespread atrocities against civilians. The stripping of Russia’s trade status is Japan’s latest move against Moscow and was part of a list of sanctions measures Prime…
By Juliette Portala (Reuters) -Dutch oil and chemical storage company Vopak beat first-quarter earnings expectations on Wednesday helped by growth projects and a good performance in the Americas which offset challenges in Europe. Its core profit (EBITDA) reached 213.1 million euros in the first three months of 2022, topping the 203 million expected by analysts…
By Scott Murdoch, Harish Sridharan and Anshuman Daga (Reuters) -A group led by KKR & Co made an unsolicited near-$15 billion bid for Ramsay Health Care Ltd on Wednesday, underlining buyout funds’ appetite for healthcare assets and pushing the Australian company’s shares by up as much as 30%. If successful, the takeover would rank as…
