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☆ Hugo Boss stays strong in tough China, U.S. markets
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +2 min

[1/2] Hugo Boss store is seen in Polanco in Mexico City, Mexico May 20, 2017. Its business in EMEA and the Americas benefited from a pick-up in tourism, Hugo Boss said, while currency-adjusted revenue in China increased 56% from a year earlier, making the Asia-Pacific region the strongest for the company. The company expects its annual sales to grow 12% to 15% and reach 4.1 billion to 4.2 billion euros, compared with its previous forecast for about 10% growth to 4 billion euros. Hugo Boss forecasts its 2023 operating profit to grow 20% to 25% to a level of 400 million to 420 million euros, versus its prior range of 10% to 20%. Shares of Hugo Boss were seen up 0.7% in early Frankfurt trade.

Persons: Hugo Boss, Henry Romero, Hugo, JP Morgan, Linda Pasquini, Milla Nissi, Christopher Cushing Organizations: REUTERS, U.S, Group, Thomson Locations: Polanco, Mexico City, Mexico, China, Asia, EMEA, Americas, Pacific, Frankfurt, Gdansk

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Persons: Dow Jones Locations: crimea

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/the-victims-of-a-russian-strike-on-a-pizzeria-ukrainian-author-teenage-twins-ex-u-s-marine-94334447

Persons: Dow Jones

☆ Russian Media Appear as Perplexed as Everyone Else Over Wagner Mutiny
▼ + stars: | 2023-06-26 | by ( Ann M. Simmons | Anastasiia Malenko | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/russian-media-appear-as-perplexed-as-everyone-else-over-wagner-mutiny-7f166363

Persons: Dow Jones, wagner

☆ Wagner Chief Accuses Russian Military Leaders of Lying About Ukraine War
▼ + stars: | 2023-06-23 | by ( Jared Malsin | Anastasiia Malenko | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ukraine-shoots-down-russian-cruise-missile-barrage-9d9da03a

Persons: Dow Jones Locations: ukraine

☆ Germany in intensive talks with Intel on chip plant, economy ministry says
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +1 min

BERLIN, June 16 (Reuters) - Germany is in intensive talks with Intel (INTC.O) on plans to set up a new chip-making complex on its soil, the economy ministry said on Friday, without commenting on how much state funding the company was set to receive for the project. "The goal of the government is clear: We want to strengthen Germany as a location for microelectronics. This is highly important for transformation and technological sovereignty, and for this reason we are conducting intensive talks," a ministry spokesperson said. She did not say how much the company would receive in state subsidies for the site in the central German city of Magdeburg. German Chancellor Olaf Scholz will meet with Intel CEO Pat Gelsinger on Monday, according to a government spokesperson.

Persons: Olaf Scholz, Pat Gelsinger, Handelsblatt, Rachel More, Miranda Murray Organizations: Intel, U.S ., Thomson Locations: BERLIN, Germany, German, Magdeburg, U.S

☆ Ukraine to get more Leopard-2 tanks from Western partners
▼ + stars: | 2023-06-15 | by ( ) www.reuters.com time to read: 1 min

Berlin, June 15 (Reuters) - Ukraine will get a further 14 Leopard-2 battle tanks worth a three-digit million euro sum from Western partners, financed by Denmark and the Netherlands, Handelsblatt business daily reported on Thursday, citing NATO sources. The vehicles will be supplied and refurbished by the Rheinmetall group, the paper reported. Contracts for the new delivery have already been signed and the German government was involved as it has to agree to the export of vehicles, it added. Delivery of the battle tanks is to take place by the end of January, reported Handelsblatt. Writing by Anastasiia Kozlova Editing by Madeline ChambersOur Standards: The Thomson Reuters Trust Principles.

Persons: Anastasiia, Madeline Chambers Organizations: NATO, Rheinmetall, Thomson Locations: Berlin, Ukraine, Denmark, Netherlands

BERLIN, June 7 (Reuters) - German industrial output rose less than expected in April, darkening the outlook for the euro zone's largest economy following weak new orders data earlier this week. The statistics office revised up the industrial production figure for March to a 2.1% decrease from a provisional figure of a 3.4% fall. Even with this revision, German industrial production is 1.6% below its level a year earlier. Data on Tuesday showed industrial orders fell by 0.4% in the month of April. "Without any significant pick up in activity, the German economy's recession could continue in the second quarter," ING's global head of macro Carsten Brzeski said.

Persons: Andrew Kenningham, Kenningham, April's, Commerzbank's, Ralph Solveen, Solveen, Carsten Brzeski, Anastasiia Kozlova, Maria Martinez, Miranda Murray, Christina Fincher Organizations: Companies, Thomson Locations: BERLIN, Europe, China, United States

☆ German industrial orders fall unexpectedly in April
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +1 min

June 6 (Reuters) - German industrial orders fell unexpectedly in April, dragged down by large-scale orders, data from the federal statistics office showed on Tuesday. Industrial orders fell by 0.4% on the previous month on a seasonally and calendar adjusted basis. Excluding large-scale orders, there was an increase of 1.4% in April compared to the previous month. Year-on-year, industrial orders were down 9.9% in April. Domestic orders rose by 1.6%, while foreign orders sank by 1.8% on the previous month, the statistics office data showed.

Persons: Holger Schmieding, Schmieding, Franzisca Palmas, Maria Martinez, Anastasiia, Rachel More Organizations: Reuters, Companies, Capital Economics, Thomson Locations: Franzisca, Europe, Berlin, Gdansk

☆ Revealed: Vladimir Putin's secret Black Sea bunker
▼ + stars: | 2023-05-17 | by ( Mattathias Schwartz | Anastasiia Carrier | ) www.businessinsider.com time to read: +12 min

You would think that the architects who designed Vladimir Putin's palace thought of everything. They failed to hide plans showing two elaborate tunnels running beneath the palace complex — plans that any competent state-security apparatus would fight tooth-and-nail to keep secret. The underground complex beneath Putin's palace consists of two separate tunnels connected by an elevator that descends roughly 50 meters below the surface. Gelendzhik is the town closest to the palace complex, a five-hour drive from the resort city of Sochi. "With the war in Ukraine," Kimmage said, "there's speechmaking, there's propaganda, there's exaggeration — there's this performative aspect that plays to Russia's domestic politics.

LIVERPOOL, England, May 13 (Reuters) - The grand final of Eurovision 2023 kicked off on Saturday with last year's winner Kalush Orchestra performing on video in Ukraine and live in Liverpool, the northern English city hosting on behalf of the country that is fighting Russia's invasion. The 26 acts that qualified for the grand final span musical styles from ballads to heavy rock to rap, starting with Austria's Teya & Salena performing "Who The Hell is Edgar? [1/6] Mimicat from Portugal performs during the grand final of the 2023 Eurovision Song Contest in Liverpool, Britain, May 13, 2023. Pam Minto, a 37-year-old support worker from Liverpool, said she was proud of her city and hoped it was doing Ukraine proud. Ukrainian Anastasiia Iovova, a 31-year-old teacher who is currently living in Leeds, northern England, said Liverpool felt like home abroad.

☆ Helene von Roeder to become new CFO of Germany's Merck
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: 1 min

[1/2] People sit next to a Merck logo at SEMICON Taiwan in Taipei, Taiwan, September 14, 2022. REUTERS/Ann WangMay 8 (Reuters) - Germany's Merck KGaA (MRCG.DE) has appointed Helene von Roeder as the new chief financial officer and member of the Executive Board after Marcus Kuhnert has decided to step down, the drugmaker announced on Monday. The changes would become effective from July 1, the company added. German real estate company Vonovia (VNAn.DE) announced this month that von Roeder would be leaving its management board at her own request as of July 1. (This story has been refiled to make it clear that the company is Germany's Merck)Reporting by Anastasiia Kozlova and Amir Orusov Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

☆ 'It was heartbreaking': Ukraine children back home after alleged deportation
▼ + stars: | 2023-04-08 | by ( Anna Dabrowska | ) www.reuters.com time to read: +5 min

But once in Crimea, Russian officials said the children would be staying for longer. Dasha's mother Natalia said she had travelled from Ukraine to Crimea via Poland, Belarus and Moscow to get her daughters. "It was heartbreaking to look at children left behind who were crying behind the fence," she said. The children were taken to what Russians called stays in summer camps from occupied parts of Ukraine's Kharkiv and Kherson regions, Kuleba said. Save Ukraine said they came home on a previous mission last month that returned 18 children in total.

The company's full-year operating profit of 1.51 billion euros ($1.60 billion) came after a loss of 1.6 billion euros a year ago. Fourth-quarter profit swung to 575 million euros from a loss of 42 million euros, in line with expectations. The balance sheet also improved, with net debt falling to 6.9 billion euros from 9 billion euros. However, operating profit was still 34% lower than the pre-pandemic 2019 level and passenger numbers had only recovered 72%. The company said it expects "further significant improvement" in operating profit this year.

BUCHA, Ukraine/VILNIUS, Feb 22 (Reuters) - The brightly painted nails were what gave the identity of the body away. A year on from the full-scale invasion, her family and friends have parted ways, their lives upended by the conflict. Ukraine and the West accuse Russia of war crimes in Bucha, an allegation the Kremlin denies. February 24 is the day when life was taken away from all Ukrainians, but we are trying to get it back." Additional reporting by Yiming Woo in Bucha; Editing by Mike Collett-White and Alexandra HudsonOur Standards: The Thomson Reuters Trust Principles.

☆ How Putin's Russian goon squad used Mexican gig workers to troll an American election
▼ + stars: | 2023-02-18 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +25 min

Posting to social media sounded like an easy work-from-home gig, so he applied. This post from the Prigozhin-backed Social CMS network in Mexico referred to America as "we." He verified his account by providing chat transcripts, screenshots, contracts, and internal company documents. But just because Social CMS didn't yield an immediate, large-scale impact doesn't mean it should be ignored. "I didn't know who are you," wrote the person who is listed in the corporate directory as Prigozhin's media liaison.

Feb 2 (Reuters) - German chip equipment supplier Siltronic (WAFGn.DE) on Thursday said demand for its wafers was still strong even as it warned a slowdown in end-markets could weigh on 2023 results. The Munich-based supplier of silicon wafers for the semiconductor industry said demand for its products had remained high so far this year, but added some of its customers expected weaker orders in the first half of 2023. German chipmaker Infineon (IFXGn.DE), one of Siltronic's biggest customers, said on Thursday it saw significantly weaker demand in areas such as smartphones, PCs and data centres in the first quarter. The group, which did not provide detailed financial targets for 2023, also said it expected the high inflation to keep pushing up unit costs this year. ($1 = 0.9076 euros)Reporting by Andrey Sychev and Anastasia Kozlova in Gdansk; Editing by Milla NissiOur Standards: The Thomson Reuters Trust Principles.

☆ Online pharmacy Zur Rose improves 2022 core loss target
▼ + stars: | 2023-01-19 | by ( ) www.reuters.com time to read: +1 min

Jan 19 (Reuters) - Zur Rose (ROSEG.S) expects a smaller full-year core loss than previously guided, the Swiss online drug retailer said on Thursday, citing a faster-than-planned progress in its break-even programme for 2023. It forecast adjusted core loss (EBITDA) of between 70 million and 75 million Swiss francs ($76.39 million and $81.84 million) in 2022, compared with its previous range of 75 million to 85 million francs. Zur Rose said it should be possible to redeem e-prescriptions in pharmacies using the electronic health card from mid-2023, with a nationwide introduction expected from the summer of 2023. Germany, which made up two thirds of the company's external revenue in 2021, accounted for 59% of Zur Rose's revenue in 2022. Zur Rose said it would provide an outlook for 2023 along with its full annual results on March 23.

☆ Rheinmetall wins quarter-billion euro order for e-vehicle parts
▼ + stars: | 2023-01-02 | by ( ) www.reuters.com time to read: 1 min

Jan 2 (Reuters) - Germany's Rheinmetall (RHMG.DE) has won an order worth more than a quarter billion euros in the electromobility segment, the industrial group said in a statement on Monday. Rheinmetall said it would be providing the new 900-volt generation of electrically powered vehicles with a new type of contactor to a premium German automaker. Contactors are electrically controlled switches that make it safe to turn electric vehicles on and off, said Rheinmetall. Starting in 2025, Rheinmetall will supply tens of millions of these contactors for the automaker's new vehicle platform, the company said. Reporting by Anastasiia Kozlova, Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

☆ The rise and fall of Wirecard
▼ + stars: | 2022-12-06 | by ( ) www.reuters.com time to read: +5 min

July 2: The head of Germany's financial watchdog calls the accounting scandal at Wirecard "a massive criminal act". July 6: German prosecutors arrest the head of a Dubai-based subsidiary of Wirecard. 2021Jan. 29: Felix Hufeld, president of German financial watchdog BaFin, steps down. 2022Jan. 14: German prosecutors file first charges in Wirecard fraud, the Financial Times reports. Sept. 21: A Munich district court said it had admitted charges against former Wirecard executives, paving way for a trial.

Under the three-day amnesty which began on Saturday, Ukrainians living in villages across the river can traverse the Dnipro during daylight hours and to a designated point. Anastasiia, who also only gave her first name, said she was at the port because she hoped to cross the river the other way, into Russian-held territory where her relatives are. Russian forces have intensified artillery attacks on the Kherson region since withdrawing from the western bank of the Dnipro. Dozens have died in attacks in the region, Ukrainian officials say. Mykola, 73, said his daughter happened to be on the east bank of the river when Kherson was liberated and got stuck alone in Russian-held territory.

☆ ‘I wanted to resume my transition at all costs.’ Trans Ukrainians uprooted by war struggle to continue treatment
▼ + stars: | 2022-12-03 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +17 min

But for Eric and many other trans people, the war has also made it much more difficult to be who they are. HRT can be used by trans women, trans men and non-binary people to make their physical appearance more aligned with their gender identity. Anastasiia Yeva Domani is the co-founder of Cohort, a Ukrainian trans rights group. While trans Ukrainians still experience negative attitudes in some spaces, for example in shelters housing families, according to COHORT, the discriminatory Russian rhetoric has pushed more Ukrainians to speak up. The group launched a hotline for LGBTQ+ Ukrainians and opened an LGBTQ+ friendly shelter.

[1/3] Local residents queue for water after about 80 percent of the inhabitants of the Ukrainian capital were left without water supply according to the mayor, after a Russian missile attack, as Russia's invasion of Ukraine continues, in Kyiv, Ukraine October 31, 2022. Shmyhal said hundreds of settlements lost power across Ukraine, despite the air force saying its air defences had knocked out 44 of 50 the missiles fired by Russia. Long queues formed for water in some parts of Kyiv after Mayor Vitali Klitschko said 80% of residents were left without water and local authorities said 350,000 homes in the capital were without electricity. In Kyiv, residents queuing for water were defiant. It says it has been hitting military and energy facilities, but many residential buildings have been damaged.

☆ Factbox: Automakers accelerate drive to secure battery raw materials
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +7 min

read more08-Dec-2021 - Belgium's Umicore (UMI.BR) will supply cathode materials for Volkswagen's European battery cell factories under a joint venture. MERCEDES BENZ (MBGn.DE):23-Aug-2022 - Mercedes-Benz strikes cooperation agreement with Canada to secure access to lithium, nickel and cobalt. read more04-Oct-2021 - BHP Group (BHP.AX) will supply nickel sulphate from Western Australia to Toyota and Panasonic's joint venture. read moreFORD (F.N)22-July-2022 - Ioneer Ltd signs binding offtake agreement with Ford to supply lithium from Rhyolite Ridge in Nevada. read more22-Sept-2021 - Ford partners with startup Redwood Materials to form a "closed loop" or circular supply chain for electric vehicle batteries, from raw materials to recycling.

Gunther and his wife, Anastasiia, purchased a 120-year-old church in Maryland for $320,000 in 2017. The All Saints' Church became All Saints House, where the couple lives with their 3 children. Now the pair and their three children live in the 120-year-old All Saints' Church, which they renamed All Saints House. Despite their best-laid plans when buying the house, Gunther and Anastasiia would be in for some unexpected costs. "We still have so many things we want to do at All Saints House," Gunther said.

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