UK inflation rises at fastest rate in almost 30 years
LONDON (AP) — Inflation in the United Kingdom has risen at the fastest rate in almost 30 years as increased…
Headlines
Samsung Invests $920 Million In Vietnam Plant Expansion
HANOI (Reuters) – South Korean electronic components manufacturer Samsung Electro-Mechanics Co Ltd will invest $920 million in a production facility…
Volkswagen Expects Chip Shortage To Ease Later In 2022
BERLIN (Reuters) – German carmaker Volkswagen expects a continued hit from a shortage of semiconductors this year, although it should…
USTR Says New Trade Tools Needed To Fight China State-led Trade
By David Lawder WASHINGTON (Reuters) – The United States needs to pursue new strategies and update its domestic trade tools…
Ericsson Shares Fall 7% On Iraq Corruption Probe
STOCKHOLM (Reuters) – Shares of Ericsson fell 7% on Wednesday after the Swedish telecom gear maker disclosed results of an…
Abu Dhabi’s Etihad Lines Up Order For Seven Airbus A350 Cargo Planes
DUBAI (Reuters) – Abu Dhabi’s Etihad Airways on Wednesday signed a letter of intent to order seven Airbus A350 freighter…
Asia Stocks Rally As Fears Of Russia Invading Ukraine Wane
By Daniel Leussink TOKYO (Reuters) – Asian shares rallied on Wednesday as fears of a Russian invasion of the Ukraine…
Heineken Casts Doubt On 2023 Margin Target As Inflation Spikes
By Philip Blenkinsop BRUSSELS (Reuters) – Heineken cast doubt on its mid-term profit margin target due to the uncertain impact…
Dutch Foundation Seeks Consumer Damages Over Apple, Google App Payments
(The August 15 story corrects job title in paragraph 9) By Toby Sterling AMSTERDAM (Reuters) – Apple and Google face…
Retailer Ahold Posts Strong Q4, Boosted By Online Sales
AMSTERDAM (Reuters) – Ahold Delhaize, the supermarket retailer, reported on Wednesday a strong fourth quarter in its core U.S. and…