World
Erik ten Hag: Manchester United appoint Ajax boss as new manager
Ajax boss Erik ten Hag, pictured here at the final cup match at the Johan Cruijff Arena on April 15, 2022 in Amsterdam, has been appointed as the new manager of Manchester United. Bsr Agency | Getty Images Sport | Getty Images Manchester United have appointed Ajax boss Erik ten Hag as their new manager, […]
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How Ukraine’s mud became a secret weapon in its defense against Russia
A member of the Ukrainian Territorial Defense Forces stands on a damaged Russian tank on the outskirts of Nova Basan village in Ukraine on April 01, 2022. Russia’s invasion on Feb. 24 coincided with what’s known locally as the “muddy road season,” or “Rasputitsa” in Russian. Anadolu Agency | Anadolu Agency | Getty Images When […]
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Dulux maker Akzo Nobel beats forecasts through higher prices
Akzo Nobel reported stronger-than-expected quarterly core earnings on Thursday as higher pricing helped offset supply chain issues, a coronavirus resurgence in China and the impact of Russia’s invasion of Ukraine. Chief Executive Thierry Vanlancker said in a statement that the group’s “vigorous pricing initiatives” had helped it manage “the unprecedented variable cost inflation that impacted […]
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From soaring food prices to social unrest, the fallout from the Russia-Ukraine war could be immense
People attend ‘Mothers’ March’ as part of the ‘Stand with Ukraine’ international protest, in Krakow, Poland on April 10, 2022. Nurphoto | Nurphoto | Getty Images When Russia invaded Ukraine no one knew how long the ensuing conflict would last, or how deep the shockwaves sent through Europe or the rest of the world would […]
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ABB shrugs off uncertainties to post big jump in orders
Gianluca Colla | Bloomberg | Getty Images ABB shrugged off rising global uncertainties like the war in Ukraine and increasing inflation to post a big jump in orders during the engineering and technology company’s first quarter. The maker of factory robots and industrial drives increased its new order intake by 21% to $9.37 billion, the highest […]
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Failing to get top grades at college could cost you £3,800 a year, new British study reveals
IFS research found that both men and women who graduated from a U.K. university with a lower second class degree in 2013 were earning £3,800 less on average a year before tax, five years later. baona | E+ | Getty Images Failing to achieve a top grade at college could mean earning around £3,800 ($4,946) […]
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South Korea’s new central bank governor flags weaker growth
South Korea’s new central bank governor Rhee Chang-yong said the Ukraine crisis, U.S. monetary tightening, and Covid-19 resurgence in China as near-term factors weighing on economic growth amid persistently high inflation. Bloomberg | Bloomberg | Getty Images South Korea’s new central bank governor Rhee Chang-yong said on Thursday that economic growth is expected to weaken […]
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YouTube shuts the account of Hong Kong’s only leadership candidate
Hong Kong’s former chief secretary and current chief executive candidate John Lee speaks to the press. In 2020, the U.S. sanctioned Lee and other officials, accusing them of curtailing political freedoms in Hong Kong. Dale De La Rey | AFP | Getty Images YouTube has taken down the campaign channel of John Lee, Hong Kong’s only candidate […]
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European markets head for higher open; Ukraine war remains in focus
LONDON — European stocks are expected to open higher Thursday as investors keep an eye on developments in the war between Russia and Ukraine. The U.K.’s FTSE index is seen opening 16 points higher at 7,636, Germany’s DAX 45 points higher at 14,392, France’s CAC 40 up 14 points at 6,638 and Italy’s FTSE MIB 12 […]
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Japanese yen could weaken to 135 per dollar in the ‘very near future,’ says Wells Fargo
This photo illustration shows Japanese 10,000 yen banknotes in Tokyo on November 19, 2021. The Japanese currency has weakened sharply against the dollar in recent weeks amid expectations the Bank of Japan will lag its peers in normalizing monetary policy. Behrouz Mehri | AFP | Getty Images The Japanese yen may continue to see weakness […]
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