McDonald’s To Sell Russia Business To Current Licensee
(Reuters) – McDonald’s Corp said on Thursday it has agreed to sell its Russian business to current licensee Alexander Govor,…
2022
Canada Goose Forecasts Strong Year On Resilient Luxury Demand
(Reuters) -Canada Goose Holdings Inc forecast annual earnings and revenue above Wall Street expectations after reporting a surprise quarterly profit…
Kohl’s Becomes Latest Retailer To Warn Of Inflation Eating Into Profits
(Reuters) – Kohl’s Corp cut its full-year earnings forecast on Thursday, joining some of America’s biggest retailers in warning that…
Ford Recalls 39,000 U.S. SUVs After Engine Fire Reports
By David Shepardson WASHINGTON (Reuters) -Ford Motor Company said Thursday https://media.ford.com/content/fordmedia/fna/us/en/news/2022/05/19/ford-motor-company-recalls-expedition-navigator.html it was recalling 39,000 SUVs after reports of 16…
Indonesia MPs Seek Review Of Palm Oil Export Ban As Industry Warns On Storage
By Bernadette Christina and Fransiska Nangoy JAKARTA (Reuters) – Indonesian lawmakers on Thursday requested the government review a ban on…
Russia’s Economy Will Shrink By No More Than 5% In 2022 -Kremlin Aide
(Reuters) – Russia’s economy will contract by no more than 5% in 2022, presidential adviser Maxim Oreshkin said on Thursday,…
Inflation, Russia-Ukraine war draw G7 finance leaders’ focus
KOENIGSWINTER, Germany (AP) — Finance ministers for the Group of Seven leading economies grappled Thursday with deepening inflation concerns and…
EasyJet ‘in Right Place’ To Meet Demand For Summer Flights
By Paul Sandle LONDON (Reuters) -Low-cost carrier easyJet said it was “in the right place” to meet pent-up demand for…
Woodside Shareholders Approve BHP Petroleum Merger
By Sonali Paul BRISBANE (Reuters) -Woodside Petroleum’s shareholders on Thursday voted for a merger with BHP Group’s petroleum arm to…
Sri Lanka C. Bank Governor Says Sees More Stability, To Stay In Post
By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) – Sri Lanka’s central bank governor said on Thursday he will stay…