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They had to borrow clothes from other passengers on their European river cruise. The airline said their bags were in different countries and only recovered one of their suitcases. George Moyer told Insider that he and his wife, both 82, had to borrow items from fellow passengers on their Viking river cruise in Europe last month. "I had taken three days worth of medication in my carry-on," Moyer told Insider. Other passengers on the river cruise loaned the couple clothing and they had to wash the few items they did have in their bathroom basin.
Persons: George Moyer, Moyer Organizations: Service, American Airlines, Airlines Locations: Europe, Charlotte , North Carolina, Philadelphia, Zurich, Switzerland, Lisbon, Portugal, Hamburg, Amsterdam
Anshu Jain at the World Economic Forum in Davos, Switzerland, just before the onset of the Covid-19 pandemic. Anshu Jain, a veteran investment banker who led Deutsche Bank AG during a tumultuous time in the German lender’s history, has died. Mr. Jain has been credited with helping build Deutsche Bank’s investment-banking business, making the once sleepy German bank into a global trading powerhouse. When Mr. Jain became co-CEO in 2012 alongside Jürgen Fitschen, the investment-banking division he ran accounted for about 75% of the bank’s profits.
Persons: Anshu Jain, Jain, Jürgen Fitschen Organizations: Economic, Deutsche Bank AG, Deutsche Locations: Davos, Switzerland
REUTERS/Russell Boyce/IllustrationZURICH, Aug 13 (Reuters) - The United States and Switzerland can move towards free trade between their countries with sectoral deals and they are working on facilitating business in the pharmaceutical sector, the U.S. ambassador to Switzerland told the Tages Anzeiger newspaper. Scott Miller said that in the last round of trade negotiations between the two countries, Switzerland was not prepared to open its agricultural market for U.S. products. Register now for FREE unlimited access to RegisterBut Miller said that with the United States now the no. 1 export market for Switzerland, "we can take steps towards free trade by concluding sectoral agreements." "With regard to the pharmaceutical industry, we are working on facilitating trade," he said in comments published on Saturday.
Persons: Russell Boyce, Scott Miller, Miller, Roche, Paul Carrel, Clelia Organizations: REUTERS, pharma, Novartis, Thomson Locations: ZURICH, United States, Switzerland, U.S
Energy companies and traders are raking in huge profits selling US natural gas to Europe as prices there skyrocket. The US is now sending 60% of its liquefied natural gas exports to Europe, up from less than 20% this time a year ago. Natural gas prices in Europe have spiraled upwards in 2022 as Russia has slashed exports of the fossil fuel to the continent. US Henry Hub natural gas futures traded at around $8.70 per mmbtu Friday, even after rising sharply in recent months. The surge in global energy prices has been extremely lucrative for the big energy firms.
Persons: , Laurent Segalen, Segalen, Buyers, Felix Booth, Booth Organizations: Service, Policy Energy, Gazprom, Henry, International Energy Agency Locations: Europe, Russia, Germany, Switzerland
Swiss artist sculpts sprawling model castle on dried river bank
  + stars: | 2022-08-13 | by ( )   time to read: +2 min
Visitors look at the work called "Monthoux castle" by land art artist Francois Monthoux, which he made out of clay retrieved from the dried bed of Le Toleure river due to ongoing drought, in Saubraz, Switzerland, August 12, 2022. REUTERS/Denis BalibouseSAUBRAZ, Switzerland, Aug 13 (Reuters) - Swiss artist Francois Monthoux's annual project to build clay sculptures on the banks of Switzerland's Toleure river has sprawled into a captivating castle complex this year as the drought afflicting Europe allows him to extend his dream world. Monthoux began this year's project with modest ambitions six weeks ago but the drought allowed him to build an entire city of spires. "Of course, I'm a little bit sad, because I'm sad that the form I gave to the matter will disappear," he said. "I don't have words to say what I feel, because it's ... it's just sublime," said Heidi Butty, a Vaud resident.
Persons: Francois Monthoux, Denis Balibouse SAUBRAZ, Francois Monthoux's, Monthoux, Heidi Butty, Denis Balibouse, Cecile Mantovani, Paul Carrel, Alison Williams Organizations: REUTERS, Visitors, Thomson Locations: Saubraz, Switzerland, Swiss, Switzerland's, Europe, Vaud
REUTERS/Russell Boyce/IllustrationZURICH, Aug 13 (Reuters) - The United States and Switzerland can move towards free trade between their countries with sectoral deals and they are working on facilitating business in the pharmaceutical sector, the U.S. ambassador to Switzerland told the Tages Anzeiger newspaper. Scott Miller said that in the last round of trade negotiations between the two countries, Switzerland was not prepared to open its agricultural market for U.S. products. Register now for FREE unlimited access to RegisterBut Miller said that with the United States now the no. 1 export market for Switzerland, "we can take steps towards free trade by concluding sectoral agreements." "With regard to the pharmaceutical industry, we are working on facilitating trade," he said in comments published on Saturday.
Persons: Russell Boyce, Scott Miller, Miller, Roche, Paul Carrel, Clelia Organizations: REUTERS, pharma, Novartis, Thomson Locations: ZURICH, United States, Switzerland, U.S
Former Deutsche Bank co-CEO Anshu Jain dies at 59
  + stars: | 2022-08-13 | by ( Jesse Pound | )   time to read: +1 min
Jain Anshu, President of Cantor Fitzgerald appears on CNBC's Squawk on the Street at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd. Anshu Jain, an Indian-born investment banker who rose to the role of co-CEO at Deutsche Bank, died last night after a long battle with cancer, his family announced in a statement Saturday. Jain, who most recently served as the president of Cantor Fitzgerald, earned an MBA at the University of Massachusetts-Amherst and worked at several financial firms, including Merrill Lynch, before moving to Deutsche Bank. Jain stepped down from his role at Deutsche before his contract ended after the bank was beset by a string of regulatory issues. Jain's extended family includes Ajit Jain, a cousin, who is the vice chairman of insurance operations for Berkshire Hathaway.
Persons: Jain Anshu, Cantor Fitzgerald, Anshu Jain, Jain, Merrill Lynch, Jain's, Ajit Jain, Berkshire Hathaway Organizations: Jan, Deutsche Bank, University of Massachusetts, Amherst, Deutsche, Berkshire Locations: Davos, Switzerland, Indian
A Mazda logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre AlbouyTOKYO, Aug 12 (Reuters) - Japan's Mazda Motor Corp (7261.T) said on Friday it would ask its parts suppliers to increase stockpiles in Japan and produce components outside China after COVID-19 lockdowns in Shanghai destabilised supply and hampered production. Mazda will seek to include higher domestic inventories and diversification of production outside China when forming contracts with suppliers for designing new models in the long term, he said. The automaker will also seek to simplify its procurement structure as a way to reduce the frequency of distribution between bases, he said. "As we continue to do business globally, we must manage the current changes based on the recognition that we are no longer in the era of globalisation as we were in the past," said Mazda senior managing executive officer Masahiro Moro.
Persons: Pierre Albouy TOKYO, Takeshi Mukai, Mukai, Masahiro Moro, Satoshi Sugiyama, Maki Shiraki, Mark Potter Organizations: 89th Geneva, REUTERS, Mazda Motor Corp, Mazda, Thomson Locations: Geneva, Switzerland, Japan, China, Shanghai, Hiroshima
The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, September 30, 2015. REUTERS/Arnd Wiegmann/Aug 12 (Reuters) - Switzerland-based Glencore Plc (GLEN.L) and other major traders have stopped supplying Chinese metals merchant Huludao Ruisheng over a brewing scandal about missing copper inventories in the port of Qinhuangdao, the Financial Times reported on Friday. Glencore and Geneva-based commodity trader IXM SA have stopped supplying the Hebei-based metals group, the report said, citing people familiar with the matter. Glencore, IXM and Huludao did not immediately respond to Reuters requests for comment. Glencore transferred some of its existing metal stocks from Qinhuangdao to alternatives such as Qingdao in an effort to avoid similar problems, the newspaper said citing a trader.
Persons: Arnd Wiegmann, Glencore, Huludao, Jaiveer Singh, Tom Hogue Organizations: REUTERS, Glencore, Financial Times, IXM SA, Bloomberg, Thomson Locations: Baar, Switzerland, Qinhuangdao, Geneva, Hebei, Qingdao, Bengaluru
When Russia, which supplies Europe with about 60% of its import requirement, invaded Ukraine on Feb. 24, the diesel market went into shock as it priced in a possible cutoff of those supplies. Register now for FREE unlimited access to RegisterThe six-month spread in European diesel futures went into a record backwardation of nearly $600 a tonne. "No one in their right mind would put diesel into tanks at those levels," one European trader said. read moreWhile oil products also move through pipeline and by rail into Germany, those are already operating at full capacity, FGE says. And with no evidence that companies are stockbuilding ahead of sanctions, traders expect Europe to be in for a winter shock.
Persons: Carl Recine, FGE, Neil Crosby, Shadia, Veronica Brown, David Evans Organizations: REUTERS, Diesel, Reuters, refiners, Reuters Graphics Stocks, ARA, Global, Reuters Graphics Reuters, FGE Energy, International Energy Agency, European, Energy, EU, Thomson Locations: Stafford , Staffordshire, Britain, Europe, Russia, Ukraine, European, Amsterdam, Rotterdam, Antwerp, ARA, Germany, France, Switzerland, Kaub, Austria
"And when ice shelves dwindle and weaken, the continent's massive glaciers tend to speed up and increase the rate of global sea level rise." Antarctica holds 88% of the sea level potential of all the world's ice, he said. When ice shelves are stable, the long-term natural cycle of calving and re-growth keeps their size fairly constant. But even in East Antarctica, a region whose ice shelves were long considered less vulnerable, "we're seeing more losses than gains," Greene said. Failure to curb greenhouse gas emissions, however, would risk contributing "many meters of sea level rise over the next few centuries," he said.
Persons: Chad Greene, Greene, Eric Wolff, Wolff, Steve Gorman, Tom Hogue Organizations: NASA, Handout, LOS ANGELES, Jet Propulsion Laboratory, JPL, Royal Society, University of Cambridge, Thomson Locations: Antarctica, Los Angeles, Switzerland, West Antarctica, East Antarctica, Paris
Coca-Cola bottles are seen on sale in central St. Petersburg, August 6, 2014. Coca-Cola Co confirmed on Wednesday it had taken advertisements off four Russian television channels, saying a fall in second-quarter sales had prompted a rethink of its marketing plans. REUTERS/Alexander DemianchukAug 11 (Reuters) - Coca-Cola HBC AG (CCH.L) said on Thursday it incurred a one-time hit of 190 million euros ($195.36 million) in the first half due to costs related to its Russian business after it stopped sale of Coca-Cola drinks in the country following the Ukraine war. HBC also reinstated its forecast, expecting comparable operating profit for 2022 to be between 740 million euros and 820 million euros, dented by a smaller presence in Russia and inflation woes. That is lower than 831 million euros it reported in 2021.
Persons: Alexander Demianchuk, Jack Daniel's, Bambi, Amna Organizations: Cola, REUTERS, Cola HBC AG, HBC, - Cola Company,, Monster Energy, Thomson Locations: St . Petersburg, Ukraine, Russia, U.S, London, Switzerland, Bengaluru
A pair of shoes of Italian luxury shoemaker Salvatore Ferragamo is displayed in the window of the company's store in Zurich, Switzerland, April 25, 2019. REUTERS/Arnd Wiegmann/MILAN, Aug 11 (Reuters) - Italian fashion house Salvatore Ferragamo (SFER.MI) said on Thursday it had struck a partnership with online luxury shopping retailer Farfetch (FTCH.N) to expand its digital presence, targeting younger shoppers. Register now for FREE unlimited access to Register"Ferragamo's outstanding product and creativity, coupled with our marketing capabilities and innovative digital experiences will captivate that audience." Ferragamo, whose shoes have been worn by Hollywood legends such as Audrey Hepburn, has struggled in recent years to rejuvenate its image and appeal to younger luxury shoppers. read more($1=0.9693 euros)Register now for FREE unlimited access to RegisterReporting by Valentina Za; Editing by Federico Maccioni and Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.
Persons: Salvatore Ferragamo, Arnd Wiegmann, Ferragamo, José Neves, Audrey Hepburn, Marco Gobbetti, Gobbetti, Valentina Za, Federico Maccioni, Clarence Fernandez Organizations: REUTERS, Farfetch, Hollywood, Burberry, Thomson Locations: Zurich, Switzerland, MILAN
The logo of Zurich Insurance is seen at a former office building in Zurich, Switzerland November 11, 2021. REUTERS/Arnd WiegmannSummarySummary Companies H1 business operating profit $3.39 bln vs cons $3.28 blnP&C combined ratio at record level of 91.9%Zurich plans 1.8 bln Swiss franc share buybackBERLIN, Aug 11 (Reuters) - Zurich (ZURN.S) reported a better-than-expected 25% rise in operating profit to $3.39 billion in the first half on Thursday, with both its property and casualty and its life businesses outperforming. Analysts had on average seen business operating profit at $3.28 billion, according to a company-compiled consensus forecast. Rival Allianz's (ALVG.DE) earnings last week missed forecasts, though AXA (AXAF.PA) did better than expected, boosted by health insurance sales. The group also announced on Thursday plans for a 1.8 billion Swiss franc ($1.91 billion) share buyback, to start in the coming months, to offset an expected earnings dilution from the agreed sale of the Germany life back book.
Persons: Maria Sheahan, Kirsti Organizations: Zurich Insurance, REUTERS, BERLIN, AXA, Thomson Locations: Zurich, Switzerland, ZURN.S, Ukraine, Europe's, Germany
Logo of Swiss bank Credit Suisse is seen at a branch office in Bern, Switzerland May 2, 2022. REUTERS/Arnd WiegmannZURICH, Aug 11 (Reuters) - Credit Suisse (CSGN.S) shareholder Harris Associates' increased holding in the Swiss bank reflected an adjustment in how it reports stakes to the U.S. regulator, Finanz und Wirtschaft reported its Chief Investment Officer as saying. "Our stake has remained roughly stable, typically between 9 and 10%," David Herro told Finanz und Wirtschaft in a report published by the Swiss newspaper on Thursday after Harris Associates became the largest shareholder in Credit Suisse. read moreThe U.S. investor's stake was previously recorded at around 5.2%, according to Credit Suisse's website, but Harris is now the largest shareholder in the bank. In May, when Reuters first reported Credit Suisse's strategic review, Herro said in an interview that there was no need for the bank to raise fresh equity capital.
Persons: Harris, Wirtschaft, David Herro, Finanz, investor's, Herro, John Revill, Alexander Smith Organizations: Credit Suisse, REUTERS, Wiegmann, Harris Associates, Swiss, Securities and Exchange, Credit, Reuters, Thomson Locations: Bern, Switzerland, Wiegmann ZURICH, Swiss, U.S
Summary This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, Aug 11 (Reuters) - Russia said on Thursday it had turned down a Swiss offer to represent Ukrainian interests in Russia and Moscow's interests in Ukraine because it no longer considers Switzerland a neutral country. "The Swiss were indeed interested in our opinion on the possible representation of Ukraine's interests in Russia and Russia's in Ukraine," Nechayev told reporters. Neutral Switzerland has mirrored nearly all the sanctions that the European Union imposed on Russia over its military intervention in Ukraine. Swiss media previously reported that the main objective of the Swiss proposal would be to allow Ukrainians living in Russia to receive consular services from the Swiss embassy in Moscow.
Persons: Ivan Nechayev, Nechayev, Kevin Liffey Organizations: Foreign, Russia, European Union, Reuters, Thomson Locations: Russia, Ukraine, MOSCOW, Switzerland, Russia's, Bern, Swiss, Moscow
Credit Suisse steps up $440 mln legal dispute with SoftBank
  + stars: | 2022-08-11 | by ( )   time to read: +1 min
A logo is pictured on the Credit Suisse bank in Geneva, Switzerland, June 9, 2022. REUTERS/Denis BalibouseAug 11 (Reuters) - Credit Suisse Group AG (CSGN.S) has applied to the English High Court to initiate formal legal proceedings against Japan's SoftBank Group Corp (9984.T) over a $440 million dispute, one source familiar with the matter said on Thursday. Credit Suisse has been working to recover money from the collapse of some $10 billion in funds linked to the insolvent supply chain finance firm Greensill. read moreThe Swiss bank is seeking to establish what SoftBank executives, including chair and chief executive Masayoshi Son, knew about Katerra's restructuring plans. Credit Suisse declined to comment.
Persons: Denis Balibouse, Japan's, Switzerland's, Katerra, Masayoshi Son, SoftBank, Jyoti Narayan, Sinead Cruise, Kirstin Ridley, Neil Fullick, Jane Merriman Organizations: Credit Suisse, REUTERS, Credit Suisse Group AG, English, Court, Japan's SoftBank Group Corp, Financial Times, Thomson Locations: Geneva, Switzerland, United States, Britain, Swiss, Bengaluru, Lincoln
A Swiss Air Force Super Puma helicopter delivers water for cows in the Tissiniva mountain pasture due to an ongoing drought in Charmey, Switzerland, August 10, 2022. REUTERS/Denis BalibouseCHARMEY, Switzerland, Aug 11 (Reuters) - Swiss army helicopters have been drafted in to airlift water to thousands of thirsty farm animals sweltering under this summer's soaring temperatures in the country's Alpine meadows. "Since June 27, we only had 30 litres, it's nothing," said the farmer, adding the army arrived just in time. Swiss territorial army commander Mathias Tuescher said six helicopters had been mobilised for the effort, which will run until Aug. 19. Overall some 400,000 tonnes of water could be dropped by the helicopters into the reservoirs, he said, with 1.5 tonnes delivered each trip.
Persons: Denis Balibouse CHARMEY, There's, Frederic Menetrey, Menetrey, Farmer Jacques Ruffieux, Mathias Tuescher, Cecile Mantovani, Denis Balibouse, John Revill, Alex Richardson Organizations: Swiss Air Force Super Puma, REUTERS, Super Puma, Reuters, Thomson Locations: Charmey, Switzerland, Swiss, Fribourg
Pictures from independent satellite firm Planet Labs showed three near-identical craters where buildings at Russia's Saki air base had been struck with apparent precision. The base, on the southwest coast of Crimea, suffered extensive fire damage with the burnt-out husks of at least eight destroyed warplanes clearly visible. Referring to the damage at the Saki air base, Ukrainian presidential adviser Mykhailo Podolyak said there were "numerous scenarios for what might have happened." "I'm not an intel analyst, but it doesn't look good," Mark Hertling, a former commander of U.S. ground forces in Europe, wrote on Twitter, linking to an image of the devastation at the Russian base. 1/6 A satellite image shows destroyed Saky air base in Crimea, August 10, 2022.
Persons: Antonio Guterres, Ukraine's Energoatom, Mykhailo Podolyak, Mark Hertling, Michael Hayden, General Oleksiy Hromov, Valentyn Reznychenko, Peter Graff, John Stonestreet, Hugh Lawson Organizations: CIA, Planet Labs, TASS, Reuters, Twitter, National Security Agency, The, Handout, REUTERS, Ukraine, Kharkiv, Thursday Russia, Russia, Dnipro, Russian Grad, Thomson Locations: Ukraine, Russian, Crimea, Russia, U.S, Europe, Kyiv, May, Kherson, Zaporizhzhia, Moscow, Switzerland, Swiss, Kharkiv, Donetsk province, Dnipro, Dnipropetrovsk, Nikopol
While exceptions apply, the Foreign Ministry for Estonia, a European Union member, said it will also cease to issue visas to Russians for work, study and business in the country. "We have seen an enormous rise in the number of Russian citizens coming into or passing through Estonia," Foreign Minister Urmas Reinsalu said in a statement. Latvia, Lithuania and the Czech Republic have already stopped issuing visas to most Russians, while Finland and Estonia recently called for the EU to do so jointly. Schengen covers 26 countries including most European Union members as well as Norway, Switzerland, Iceland and Lichtenstein. Estonia said it will continue to honour visas issued by other European countries, and also allows students already in the country to finish their degrees.
Persons: Foreign Affairs Urmas Reinsalu, Urmas Reinsalu, Volodymyr Zelenskiy, Lauri Laanemets, Terje Solsvik, Leslie Adler Organizations: Foreign Affairs, REUTERS, Estonian, Foreign Ministry, European Union, EU, Russia, European Commission, Union, Thomson Locations: Riga, Latvia, Ints, OSLO, Estonia, Europe, Ukraine, Moscow, Lithuania, Czech Republic, Finland, Norway, Switzerland, Iceland, Lichtenstein
The FIFA World Cup trophy is displayed during a panel discussion at the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 23, 2022. Register now for FREE unlimited access to RegisterHosts Qatar will now make their World Cup debut against Ecuador at 1900 local time after an opening ceremony at the 60,000-capacity Al Bayt Stadium. The change is in line with the long-standing tradition of opening matches involving hosts or holders. The change stretches the World Cup to 29 days until the Dec. 18 final and comes after several rounds of ticket sales, with organisers having sold 1.8 million tickets so far. It will be the first World Cup staged in the Middle East and has been pushed back to later in the year than its typical June-July schedule to avoid the region's punishing summer heat.
Persons: Arnd Wiegmann, Qatar's, Gianni Infantino, Al Arabi, Al Rayyan, Hritika Sharma, Jonathan Oatis, Ken Ferris Organizations: FIFA, REUTERS, Qatar, Ecuador, England's, Wales, Thomson Locations: Davos, Switzerland, Qatar, Ecuador, Senegal, Netherlands, England, Iran, United States, Qatar's, Hyderabad
The British drugmaker had already cut its agreed deliveries by 10 million a year for the period 2022-2028, Gavi, the Vaccine Alliance, said. Gavi said that as well as the drop in Rotarix supplies in 2022, there will also be delays in delivery. It's a really unfortunate time," Andrew Jones, chief of the vaccine centre at UNICEF's supply division, said about the rotavirus shortage. UNICEF works with Gavi to help supply rotavirus vaccines to poorer countries, alongside national governments. Gavi said there were also delays with another rotavirus vaccine, Rotavac, manufactured by Bharat Biotech, which were related to "regulatory procedures", although the problem is not as significant.
Persons: Denis Balibouse, British drugmaker, Gavi, immunizations, It's, Andrew Jones ,, Jennifer Rigby, Natalie Grover, Alexander Smith Organizations: UNICEF, REUTERS, Denis Balibouse LONDON, Reuters, GSK, World Health Organization,, British, Vaccine Alliance, United Nations, Bharat Biotech, Thomson Locations: Geneva, Switzerland, Kenya, Tanzania, Senegal, Cameroon, Gavi, United
"Because of the low water levels, the sailing route gets narrower, and we actually start travelling like trains, in a convoy," he added. read moreCredit rating agency Moody's said the low Rhine water levels will increase costs for chemicals companies, particularly those with production facilities on the upper Rhine, and could lead to production cuts. GROWTH AT RISKThe situation has prompted comparisons with 2018, when Rhine levels also plunged. "If water levels continue to drop, growth could also drop just below 1%," he said. In an emailed statement, BASF said it had implemented an early warning system for low water levels and is also chartering and developing ships suitable for shallower waters.
Persons: Wolfgang Rattay, Peter Claereboets, Moody's, Jens, Oliver Niklasch, ” Stefan Schneider, Claereboets, Rene Wagner, Toby Sterling, Vera Eckert, Esther Verkaik, Piroschka van de Wouw, Andreas Kranz, Max Schwarz, Michael Hogan, Paul Carrel, Matthias Williams, Jane Merriman, Emelia Organizations: REUTERS, Reuters, Chemicals, BASF, Deutsche Bank, Waterways, Shipping, Thomson Locations: Bingen, Germany, BERLIN, LOBITH, Netherlands, Swiss, Rotterdam, Duisburg, Ukraine, Switzerland, Kaub
Ukrainian Foreign Minister Dmytro Kuleba gestures during a discussion at the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. REUTERS/Arnd WiegmannKYIV, Aug 10 (Reuters) - Ukraine on Wednesday called on the European Union and G7 countries to stop issuing visas to Russian citizens, citing what he said was their support for the invasion of Ukraine. "Russians overwhelmingly support the war on Ukraine. They must be deprived of the right to cross international borders until they learn to respect them," Foreign Minister Dmytro Kuleba wrote on Twitter. Register now for FREE unlimited access to RegisterReporting by Max Hunder; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Dmytro Kuleba, Volodymyr Zelenskiy, Max Hunder, Alex Richardson Organizations: Ukrainian, REUTERS, KYIV, European Union, Twitter, Thomson Locations: Davos, Switzerland, Arnd, Ukraine
Cargill fiscal 2022 revenue jumps 23% to $165 billion
  + stars: | 2022-08-10 | by ( )   time to read: +1 min
A Cargill logo is pictured on the Provimi Kliba and Protector animal nutrition factory in Lucens, Switzerland, September 22, 2016. REUTERS/Denis Balibouse/File PhotoAug 9 (Reuters) - Global commodities trader Cargill Inc (CARG.UL) on Tuesday reported that its fiscal year 2022 revenue jumped 23% from a year earlier to $165 billion. Both rival companies also projected strong earnings through the remainder of 2022. Cargill is one of the largest U.S. beef processors and last month closed a deal to buy No. read moreRegister now for FREE unlimited access to RegisterReporting by Karl Plume in Chicago; Editing by Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.
Persons: Denis Balibouse, Archer, Cargill, Sanderson, Karl Plume, Emelia Sithole Organizations: Cargill, REUTERS, Cargill Inc, Daniels, Midland Co, Bunge Ltd, Privately, Inc, Continental Grain, Thomson Locations: Lucens, Switzerland, Ukraine, Chicago
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