[ad_1] 4/4 © Reuters. A view exhibits the Russian-controlled Zaporizhzhia Nuclear Energy Plant throughout a go to by members of the Worldwide Atomic Power Company (IAEA) skilled mission, in the middle of Ukraine-Russia battle outdoors Enerhodar within the Zaporizhzhia area, Ukraine, 2/4 By Tom Balmforth ZAPORIZHZHIA, Ukraine (Reuters) – As UN inspectors sought to avert a nuclear catastrophe on Ukraine’s frontline, the West and Russia wounded one another’s economies, with Moscow protecting its primary gasoline pipeline to Germany shut on Saturday whereas threatened with value caps on oil exports. Russia’s state-controlled power large Gazprom (MCX:) blamed a technical fault within…
Author: Reuters
[ad_1] © Reuters. FILE PHOTO: Nidec Corp’s brand is pictured at an earnings outcomes information convention in Tokyo, Japan, July 25, 2018. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Japan’s Nidec Corp, a serious producer of electrical motors, has changed its second-in-command – underlining the corporate’s difficulties to find an appropriate chief to succeed founder Shigenobu Nagamori as CEO. Jun Seki, president and chief working officer, will step right down to take duty for a deterioration within the firm’s earnings and will likely be changed by Vice Chairman Hiroshi Kobe from Saturday, Nidec stated in a press release. Nagamori, 78, recruited Seki,…
[ad_1] © Reuters. FILE PHOTO: Residential homes will be seen alongside a street in a suburb of Auckland in New Zealand, June 24, 2017. Image taken June 24, 2017. REUTERS/David Grey WELLINGTON (Reuters) – The variety of new dwelling consents accepted in New Zealand rose a seasonally adjusted 5% in July in contrast with a 2.2% fall within the earlier month, official information confirmed on Wednesday. Excluding residences, flats, and retirement village items, the variety of consents for brand spanking new homes was up 0.4%, after a 5.5% fall within the earlier month. [ad_2] Source link
[ad_1] © Reuters. HOUSTON (Reuters) – Motiva Enterprises restarted the big hydrocracker at its 626,000-barrel-per-day (bpd) Port Arthur, Texas, refinery over the weekend after finishing repairs to the big hydrocracker, sources conversant in plant operations mentioned on Monday. The 105,000-bpd hydrocracker 2 (HCU-2) was shut on Friday to restore a seal on the principle cost pump, the sources mentioned. The seal was repaired by late Saturday and the unit restarted. It was in regular operation by Monday. [ad_2] Source link
[ad_1] © Reuters. FILE PHOTO: Basic view of metallic reducing machines inside Gent Machine Co.’s 55-employee manufacturing facility in Cleveland, Ohio, U.S., Could 26, 2021. REUTERS/Timothy Aeppel/File Picture WASHINGTON (Reuters) – New orders for U.S.-made capital items elevated greater than anticipated in Could, however rising rates of interest and tighter monetary situations may curb additional positive factors. Orders for non-defense capital items excluding plane, a intently watched proxy for enterprise spending plans, rose 0.5% final month, the Commerce Division mentioned on Monday. These so-called core capital items orders gained 0.3% in April. Economists polled by Reuters had forecast core capital…
[ad_1] 5/5 © Reuters. FILE PHOTO: A smoke rises over stays of a constructing destroyed by a army strike, as Russia’s assault on Ukraine continues, in Lysychansk, Luhansk area, Ukraine June 17, 2022. REUTERS/Oleksandr Ratushniak 2/5 By Tom Balmforth and Marko Djurica KYIV/POKROVSK, Ukraine (Reuters) -Russian forces have been preventing on Monday to attain one in all their strategic goals in Ukraine as Moscow-backed separatists mentioned they have been pushing into Lysychansk, the final main metropolis nonetheless held by Ukrainian troops in jap Luhansk province. Lysychansk’s twin metropolis of Sievierodonetsk fell on Saturday in a victory for Moscow’s marketing campaign…
[ad_1] 2/2 © Reuters. FILE PHOTO: Males sporting protecting masks amid the coronavirus illness (COVID-19) outbreak, use cellphones in entrance of an digital board displaying Japan’s Nikkei index outdoors a brokerage in Tokyo, Japan June 16, 2022. REUTERS/Kim Kyung-Hoon 2/2 By Carolyn Cohn and Tom Westbrook LONDON/SINGAPORE (Reuters) – International shares and benchmark U.S. bonds headed for his or her first weekly achieve in a month on Friday, with financial progress worries tempered by a view that sliding and different commodity costs may brake runaway inflation. The week has been marked by steep declines for commodities on concern that the…
[ad_1] © Reuters. Folks stroll previous a closed retailer of the sporting items retailer Nike at a shopping center in Saint Petersburg, Russia Could 25, 2022. REUTERS/Anton Vaganov LONDON (Reuters) – U.S. sportswear maker Nike (NYSE:) is making a full exit from Russia, three months after suspending its operations there, the corporate stated in an emailed assertion Thursday. [ad_2] Source link
[ad_1] © Reuters. FILE PHOTO: A view of the outside of the JP Morgan Chase & Co. company headquarters in New York Metropolis Could 20, 2015. REUTERS/Mike Segar/File Photograph (Reuters) -JPMorgan Chase & Co stated on Wednesday it had began shedding workers in its mortgage enterprise, as elevated inflation and rising mortgage charges sluggish the housing increase in the US. Greater than 1,000 workers will probably be affected and about half of them will probably be moved to totally different divisions inside the financial institution, in response to Bloomberg Information, which first reported https://www.bloomberg.com/information/articles/2022-06-22/jpmorgan-lays-off-hundreds-in-mortgage-business-after-rate-surge the layoffs. “Our staffing determination this…
[ad_1] © Reuters. FILE PHOTO: Passengers wait in entrance of check-in counters in a terminal at Zurich Airport, Switzerland June 15, 2022. REUTERS/Arnd Wiegmann By Jamie Freed DOHA (Reuters) -Pent-up demand from the pandemic means shoppers are weathering excessive airfares, however as summer time ends and inflation and rate of interest rises start to chew, there are rising questions over whether or not the urge for food for journey is sustainable. International airways at the moment are anticipated to publish a $9.7 billion loss in 2022, a pointy enchancment from a revised $42.1 billion loss in 2021, the Worldwide Air…