IKEA To Further Scale Down Operations In Russia
STOCKHOLM (Reuters) – Furniture giant IKEA said on Wednesday it would further scale its operations in Russia following the country’s…
Global Equity Funds Decline Over 20% This Year
(Reuters) – Global equity funds have shed over 7% this month due to a slump in stock prices as higher…
Biden sends Ukraine more weapons; US eyes report on fighters
KYIV, Ukraine (AP) — The Russian military said it used long-range missiles Wednesday to destroy a depot in the western…
Euro Zone Trade Deficit Almost Doubles In April
BRUSSELS (Reuters) – The euro zone’s trade deficit almost doubled in April from the previous month after an already record…
UK Retailer WH Smith’s Quarterly Revenue Surpasses Pre-pandemic Levels
(Reuters) – British retailer WH Smith said on Wednesday its revenue in the third quarter beat pre-pandemic levels for the…
EU launches legal action against UK over post-Brexit changes
BRUSSELS (AP) — The European Union is launching legal action against the U.K. in response to Britain’s unilateral moves to…
Qualcomm Wins Court Fight Against $1 Billion EU Antitrust Fine
By Foo Yun Chee LUXEMBOURG (Reuters) – U.S. chipmaker Qualcomm on Wednesday won its fight against a 997-million-euro ($1.05 billion)…
UK vows more Rwanda deportation flights after legal setback
LONDON (AP) — The British government vowed Wednesday to organize more flights to deport asylum-seekers to Rwanda, after a last-minute…
Russia’s economic forum to be far smaller but moves forward
MOSCOW (AP) — Organizers of Russia’s showpiece investment gathering are telling foreign participants to be sure to bring cash —…
European Central Bank vows backstop against market turmoil
A European Central Bank poised to raise interest rates for the first time in 11 years vowed Wednesday to create…