By Dagmarah Mackos and Olivier Cherfan (Reuters) – Belgian postal operator Bpost on Thursday reported a 22.5% drop in its second-quarter earnings which beat its guidance set out in February and it now sees less risk from “continued market disruptions”….
Sky clinches soccer streaming deal with DAZN in Italy
MILAN (Reuters) – Italy’s top pay-TV broadcaster Sky Italia has clinched an agreement with DAZN to get the global sport service’s content including Serie A soccer on to its platforms, the companies said on Thursday. The deal comes after Telecom Italia …
Italy’s Atlantia posts 18% growth in revenues, lifts guidance
MILAN (Reuters) – Italian infrastructure conglomerate Atlantia, whose controlling investor aims to take it private with the help of Blackstone, improved its 2022 guidance after posting a 18% year-on-year rise in revenue in the first half. Benetton-cont…
Oil prices hit lowest since Ukraine invasion amid recession fears
By Noah Browning LONDON/NEW YORK (Reuters) – Global oil prices dropped on Thursday to their lowest levels since before Russia’s February invasion of Ukraine, as traders fretted over the possibility of an economic recession later this year that could to…
Furious China fires missiles near Taiwan in drills after Pelosi visit
By Yimou Lee and Sarah Wu TAIPEI (Reuters) – China deployed scores of planes and fired live missiles near Taiwan on Thursday in its biggest drills in the Taiwan Strait, a day after U.S. House of Representatives Speaker Nancy Pelosi made a solidarity tr…
In handcuffs and in tears, Griner says: ‘I love my family’
KHIMKI, Russia (Reuters) -U.S. basketball star Brittney Griner said “I love my family” as she was led out of a Russian courtroom in handcuffs after being jailed for nine years on drugs charges, a Reuters reporter at the court said. Her voice quavering …
Sun Life shares up after earnings beat, U.K. unit sale
By Nichola Saminather TORONTO (Reuters) -Sun Life Financial shares jumped on Thursday after reporting a better-than-expected second-quarter profit and announcing the sale of its U.K. business as well as an asset management partnership with the buyer, P…
BoE’s Bailey rejects idea of ‘sterling crisis’
LONDON (Reuters) – Bank of England Governor Andrew Bailey rejected the suggestion that Britain was suffering a sterling crisis, and said recent moves in foreign exchange markets were better understood as a period of dollar strength. “It is not a crisis…
Glencore shareholders get $4.5 billion windfall as coal prices soar
By Clara Denina and Muhammed Husain LONDON (Reuters) – Shareholders in Glencore reaped a multi-billion dollar windfall on Thursday, as the company’s adherence to thermal coal mining at a time of soaring prices of the material generated record profits f…
Canada to help train Ukrainian recruits in United Kingdom
By Rod Nickel WINNIPEG, Manitoba (Reuters) – Canada will send up to 225 personnel to the United Kingdom to train Ukrainian military recruits, starting with the first troops next week, Canadian Defence Minister Anita Anand said on Thursday. Ukraine has …