Inflation weighs on back-to-school buying for many families
NEW YORK (AP) — To understand the impact of surging inflation on this year’s back-to-school spending, look no further than…
August 2022
Siemens Supervisory Board Employee Reps Against Further Splitting-up
BERLIN (Reuters) – Siemens’ new supervisory board is committed to doing away with the portfolio policy of the past, said…
Nintendo’s profit rises despite shortages of computer chips
TOKYO (AP) — Nintendo’s profit in the April-June quarter rose 28% from a year earlier on healthy demand for its…
German leader says gas pipeline part is ready for Russia
BERLIN (AP) — German Chancellor Olaf Scholz inspected a mechanical turbine at the center of a natural gas dispute and…
OPEC+ boosts oil output by slower pace than previous months
The OPEC oil cartel and its allies decided Wednesday to boost production in September by a much slower pace than…
Exclusive: Germany’s Gas Levy Cannot Be Implemented As Planned, Say Sources
By Markus Wacket BERLIN (Reuters) – The German government will have to amend its energy security law again in September…
Stocks Steady As Investors Weigh Taiwan And Fed Risks
By Danilo Masoni and Kevin Buckland MILAN/TOKYO (Reuters) – World stocks eased slightly on Wednesday as markets weighed risks from…
Sri Lanka leader proposes 25-year plan for crisis-hit nation
COLOMBO, Sri Lanka (AP) — Sri Lanka’s new president said Wednesday that his government is preparing a national policy roadmap…
Commerzbank Sees Energy And Growth ‘clouds’ After Q2 Profit Beat
By Tom Sims and Marta Orosz FRANKFURT (Reuters) – Germany’s Commerzbank swung on Wednesday to a bigger-than-expected second-quarter net profit,…
China blocks some Taiwan imports but avoids chip disruptions
BEIJING (AP) — China blocked imports of citrus, fish and other foods from Taiwan in retaliation for a visit by…