By Dhara Ranasinghe LONDON (Reuters) – With surging inflation and central bank policy occupying investors’ minds, the traditional market playbook on how to react to military flare-ups has been thrown out of the window. Unease over Russia’s troop build-…
Cycling-2023 Worlds in Scotland to be biggest ever cycling event
LONDON (Reuters) – Scotland will next year host the biggest ever cycling event when all the sport’s disciplines will feature at a single world championships for the first time. World titles will be contested in 13 disciplines over 11 days in August, in…
Biden orders nearly 3,000 U.S. troops to Eastern Europe to counter Russia
By Phil Stewart and Dmitry Antonov WASHINGTON/MOSCOW (Reuters) -The United States will send nearly 3,000 extra troops to Poland and Romania to reinforce Eastern European NATO allies in the face of what Washington describes as a Russian threat to invade…
ADM, InnovaFeed sign deal to make pet food from farmed insects
By Karl Plume (Reuters) – French biotech company InnovaFeed has signed a deal with U.S. grains merchant Archer-Daniels-Midland Co to supply insect protein to ADM’s pet food division, InnovaFeed announced on Wednesday. InnovaFeed is beginning constructi…
Analysts beef up expectations for Europe’s earnings season
LONDON (Reuters) – Analysts are upgrading their expectations for Europe’s fourth-quarter earnings season, which has seen a steep increase in companies announcing consensus-beating results, according to the latest data from Refinitiv I/B/E/S. Earnings a…
Europe needs telecoms M&A to compete globally, Telenor and Vodafone say
By Victoria Klesty and Paul Sandle OSLO/LONDON (Reuters) -Britain’s Vodafone and Norway’s Telenor urged policymakers on Wednesday to allow European mobile operators to merge and spend more on networks to keep pace with peers in the United States and As…
German ministries’ spending wishes exceed 2022 finance plan by 70 billion eur -sources
BERLIN (Reuters) – Germany’s new government’s spending wishes exceed this year’s finance plan by 70 billion euros ($79 billion) due to coronavirus expenses and a shift towards a greener economy, two sources told Reuters on Wednesday. By 2026, the Germa…
Russia’s Putin, UK’s Johnson to discuss Ukraine on Wednesday evening -Kremlin aide
MOSCOW (Reuters) – Russian President Vladimir Putin and British Prime Minister Boris Johnson are scheduled to discuss Ukraine by phone on Wednesday evening, Kremlin aide Yuri Ushakov said. The Kremlin had earlier said it would provide details if and wh…
Ex-Credit Suisse chairman fined $2,200 for breaking COVID rules
ZURICH (Reuters) – Former Credit Suisse chairman Antonio Horta-Osorio has been ordered to pay a fine of 2,000 Swiss francs ($2,178) after breaking COVID-19 quarantine rules, prosecutors said on Wednesday, following his resignation from the bank. The ru…
Olympics-Curling-Britain and China claim victories as Beijing action gets under way
By Hritika Sharma BEIJING (Reuters) -Britain’s Jennifer Dodds and Bruce Mouat prevailed over Swedish duo Almida de Val and Oskar Eriksson as the mixed doubles curling competition kicked off the 2022 Winter Olympics at the National Aquatics Centre on We…