Reuters USA

By Sabine Siebold and Anneli Palmen DUESSELDORF (Reuters) – German arms maker Rheinmetall had a record year in 2022 and is approaching an order backlog of 30 billion euros, CEO Armin Papperger told Reuters in an interview. “In 2022, we had a very good year, a record year,” he said, saying that the fourth quarter …

Rheinmetall moving towards order backlog of 30 billion euros – CEO Read More »

DUBLIN (Reuters) – Ireland’s finance department said inflation is expected to be lower this year than the 7.1% rate it forecast last September, with a significant easing anticipated from the second quarter due to a sharp fall in wholesale gas prices. Annual Irish inflation slowed to 8.2% in December after hitting a 38-year high of …

Ireland sees lower than forecast inflation in 2023 Read More »

LAGOS (Reuters) – Nigerian opposition presidential candidate Atiku Abubakar urged the central bank on Saturday to extend a Jan. 31 deadline to phase out old high-value banknotes, a measure many Nigerians fear will disrupt business in the cash-reliant economy. Nigerians have to turn in 1,000 ($2.17), 500 and 200 naira notes by Tuesday when they …

Nigeria’s Atiku joins calls to extend deadline on old banknotes Read More »

COLOMBO (Reuters) – Sri Lanka’s economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, President Ranil Wickremesinghe said on Saturday. “From 2024, we will take this economy to positive growth. We are creating a strong country that does not bow down to anyone and is debt-free,” he said. Speaking at …

Sri Lanka economy could shrink by -3.5% to -4%, president says Read More »

MADRID (Reuters) – Dozens of international and domestic flights operated by Spanish flag-carrier Iberia were disrupted on Saturday by a problem in the company’s booking and boarding system, the airline said. Five flights – to London, Lisbon, Vigo, Barcelona and Jerez de la Frontera in southern Spain – were cancelled, a spokeswoman for Iberia, part …

Iberia flights disrupted by IT problem Read More »

FRANKFURT (Reuters) – Bayer investor Deka has called for CEO Werner Baumann to be replaced ahead of his scheduled departure, adding to mounting pressure on the German drugmaker. “Bayer needs a new strategic positioning, which cannot be credibly accomplished under Werner Baumann,” Ingo Speich, head of sustainability and corporate governance at Deka, told the Frankfurter …

Bayer investor calls for swift replacement of CEO: newspaper Read More »

JERUSALEM (Reuters) – The Israeli military said on Saturday it was boosting forces in the occupied West Bank, a day after a Palestinian gunman shot seven people dead near a synagogue on the outskirts of Jerusalem.     “Following an IDF (Israeli Defence Forces) situational assessment, it was decided to reinforce the Judea and Samaria (West Bank) …

Israeli military boosting forces in West Bank, spokesperson says Read More »

(Reuters) – Russia’s deputy foreign minister Sergei Ryabkov will hold a meeting with Lynne Tracy, the new U.S. ambassador to Moscow, early next week, the RIA news agency reported on Saturday. Tracy arrived in Moscow earlier this week. Russian Foreign Ministry spokeswoman Maria Zakharova said on Friday that the new U.S. ambassador would not improve …

Russia’s deputy foreign minister to meet new U.S. envoy early next week – RIA Read More »