Take Five: Surging Inflation, Recession Risk And Tanking Markets
(Reuters) – Central banks are wrestling with inflation and sliding stocks are feeling the heat, leaving investors to ponder just…
Headlines
G7 countries to provide $19.8 billion in aid to Ukraine
KOENIGSWINTER, Germany (AP) — The Group of Seven leading economies agreed Friday to provide $19.8 billion in economic aid to…
Air France-KLM In Talks With Apollo On 500 Million Euro Cash Injection
By Dominique Vidalon PARIS (Reuters) -Air France-KLM said on Friday it had entered exclusive talks with private equity firm Apollo…
H&M-backed Project Pilots CO2-capturing Aprons At Stockholm Restaurant
STOCKHOLM (Reuters) – A Stockholm restaurant crew is wearing cotton aprons that capture greenhouse gas from the air, in a…
UK Retail Sales Jump Unexpectedly, But Big Picture Bleak
By Andy Bruce LONDON (Reuters) -British retail sales jumped unexpectedly in April as shoppers loaded up on alcohol and tobacco,…
Indonesia To Reimpose Local Palm Oil Sales Rule As It Ends Export Ban
By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) – Indonesia will reimpose a domestic sales requirement on palm oil, the…
Analysis-Fearing Russian Cutoff, German Industry Braces For Gas Rations Race
By John O’Donnell and Christoph Steitz FRANKFURT (Reuters) – German big business is drafting a plan to use an auction…
‘I can’t see the light’: War fuels surging prices in Europe
MILAN (AP) — Edoardo Ronzoni inspects a construction site near Milan that he shut down in March as costs for…
Final-hour rally yanks Wall Street from maw of bear market
NEW YORK (AP) — Wall Street rumbled to the edge of a bear market Friday after another drop for stocks…
JPMorgan Targets More Of Germany’s Mittelstand Economic Engine
By Tom Sims FRANKFURT (Reuters) – JPMorgan Chase & Co plans to make further inroads in Germany by targeting more…