UK sees record sickness and zero productivity growth in 2022
By David Milliken LONDON (Reuters) – Britain saw a record number of working days lost due to short-term sickness last…
Economy
Russia revives fried chicken chain Rostic’s after KFC owner leaves
By Tatiana Gomozova and Alexander Marrow MOSCOW (Reuters) -Some former KFC restaurants in Russia began reopening as Rostic’s on Tuesday,…
Yuan overtakes dollar to become most-used currency in China’s cross-border transactions
SHANGHAI (Reuters) – The yuan became the most widely-used currency for cross-border transactions in China in March, overtaking the dollar…
StanChart profit beats forecasts on boon from rising rates
By Selena Li and Lawrence White HONG KONG/London (Reuters) – Standard Chartered PLC (StanChart) on Wednesday said first-quarter profit jumped…
Puma expects Q2 sales growth below full-year target after Q1 beat
By Linda Pasquini and Elizaveta Gladun (Reuters) -German sportswear maker Puma said on Wednesday it expected second-quarter sales to grow…
Bank of Canada rate-cut bets recede as core inflation proves sticky
By Fergal Smith TORONTO (Reuters) – Canadian inflation excluding food and energy costs is expected to remain above 3% until…
Explainer-South Korea’s nuclear dilemma: Would U.S. trade Seattle for Seoul?
By David Brunnstrom WASHINGTON (Reuters) – At a summit with South Korean leader Yoon Suk Yeol on Wednesday, U.S. President…
UK shop sales rise modestly in April, outlook doubtful: CBI
LONDON (Reuters) – British retail sales inched higher in April, although most shop chains do not foresee a lasting improvement,…
Lockmaker Assa Abloy to raise prices further after Q1 beats expectations
COPENHAGEN (Reuters) -The world’s biggest lockmaker Assa Abloy on Wednesday posted a higher than expected first-quarter operating profit after a…
Hungary’s price caps, windfall taxes dent morale among German firms -survey
BUDAPEST (Reuters) – Price caps to curb surging inflation and windfall taxes imposed by Hungary’s government have hurt sentiment among…