Author Archives: Syndicated Content
French economy shrank in first quarter as inflation unnerves consumers
PARIS (Reuters) - France's economy shrank unexpectedly in the first quarter as consumers struggled to cope with surging inflation, official data showed on Tuesday, putting pressure on President Emmanu...
May 31, 2022
Thai economy improves in May on easing COVID curbs – central bank
BANGKOK (Reuters) - Thailand's economic activity in May showed gradual improvement as concerns about the pandemic receded and restrictions eased, the central bank said on Tuesday. Issues to be monitor...
May 31, 2022
Lebanese parliament re-elects Nabih Berri as speaker
BEIRUT (Reuters) - Lebanon's new legislature narrowly elected veteran Shi'ite Muslim politician Nabih Berri for a seventh term as speaker of parliament in its first session on Tuesday. Berri, 84, won ...
May 31, 2022
Qatar Airways ready to see Airbus dispute through to trial
DUBAI (Reuters) - Qatar Airways is ready to see its legal dispute with Airbus over flaws with protective skin of A350 wide-body jets through to trial, the Gulf carrier said on Tuesday. Qatar Airways i...
May 31, 2022
UK regulator probes Royal Mail’s failure to meet delivery targets
LONDON (Reuters) - Britain's communications regulator, Ofcom, said on Tuesday it was investigating Royal Mail's failure to meet its delivery targets across 2021-22, with its probe set to look into the...
May 31, 2022
IATA does not see major inflation impact on air travel demand
PARIS (Reuters) - Global airlines on Tuesday played down concerns that rising inflation could halt a rebound in air travel, saying some carriers could cut ticket prices if needed to stimulate demand. ...
May 31, 2022
Summer fuel shortages looming over Europe, IEA chief tells Spiegel
BERLIN (Reuters) - Europe could face fuel shortages this summer due to squeezed oil markets, the head of the International Energy Agency, Fatih Birol, told Germany's Spiegel. "When the main holiday se...
May 31, 2022
Euro zone inflation hits new record, adding to case for big ECB rate hikes
BRUSSELS (Reuters) - Euro zone inflation rose to yet another record high in May, challenging the European Central Bank view that gradual interest rate increases from July will be enough to tame stubbo...
May 31, 2022
Sri Lanka appeals for farmers to plant more rice as food shortage looms
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka wants farmers to plant more rice as part of plans to avert a severe food shortage, a top official said on Tuesday, as experts warned of a 50% drop in...
May 31, 2022
China to halve purchase tax for small-engine cars
SHANGHAI (Reuters) -China's Ministry of Finance said on Tuesday that it will halve a purchase tax for small-engine cars to boost auto sales. The government will cut the tax for cars priced at no more ...
May 31, 2022
