By Ananya Mariam Rajesh and Praveen Paramasivam (Reuters) -Nike Inc forecast first-quarter revenue below estimates as it expects to discount more and wrestles with pandemic-related disruptions in China, its most profitable market. The company’s shares …
Russia’s Medvedev says any NATO encroachment on Crimea could lead to World War Three
(Reuters) – Any encroachment on the Crimea peninsula by a NATO member-state could amount to a declaration of war on Russia which could lead to “World War Three,” Russia’s former president, Dmitry Medvedev, was quoted as saying on Monday. “For us, Crime…
Soccer-Watford cancel Qatar friendly after fans voice concerns over human rights
(Reuters) -Watford have cancelled a friendly match against the Qatar national team, the English club said on Monday after two supporters’ groups voiced concerns about the country’s human rights record. The two groups — Women of Watford (WOW) and Proud…
The ‘Big Package’: How Russia was driven to default
By Marc Jones LONDON (Reuters) – Russia’s first major international debt default in over a century, which Washington said became a fact on Monday, follows months of co-ordinated Western sanctions that left Moscow with cash but no access to the internat…
Powers need to study all oil options, including Iran, Venezuela -France
By John Irish SCHLOSS ELMAU, Germany (Reuters) -The international community should explore all options to alleviate a Russian squeeze of energy supplies that has spiked prices, including talks with producing nations like Iran and Venezuela, a French pr…
Oil rises $2/bbl after G7 vows new Russian sanctions
By Arathy Somasekhar HOUSTON (Reuters) -Oil rose $2 a barrel on Monday on the prospect of even tighter supplies loomed over the market as the Group of Seven nations promised to tighten the squeeze on Russian President Vladimir Putin’s war chest while a…
Norway police seek delay to Pride events after gay bar shooting
By Gwladys Fouche OSLO (Reuters) -Norwegian police said on Monday all Pride events across the country should be delayed, citing security concerns after a deadly weekend rampage by a gunman at a gay bar in Oslo. Police had initially approved a planned g…
UK public inflation expectations fall to lowest since January -Citi/YouGov
LONDON (Reuters) – The British public’s expectations for inflation in future years receded this month to the lowest level since January, a survey showed on Monday in good news for Bank of England officials who fear price pressures are becoming embedded…
Tennis-Raducanu delights Wimbledon crowd with triumphant Centre Court debut
By Mitch Phillips LONDON (Reuters) -Britain’s teenage U.S. Open champion Emma Raducanu lived up to her star billing on her first appearance on Wimbledon’s Centre Court by overcoming the awkward challenge of in-form Belgian Alison van Uytvanck 6-4 6-4 i…
Spain turns to Africa, lobbies NATO, allies over Ukraine-driven migration
By Belén Carreño, Borja Suárez and Joan Faus MADRID/LAS PALMAS (Reuters) – Spain is shifting its foreign policy towards Africa while lobbying the EU and NATO for support to address migration from the continent, aggravated by the Ukraine invasion, two s…