Australia's Coles skids as retailer flags higher costs on inflation

(Reuters) -Coles Group on Wednesday forecast higher costs for fiscal 2023, as inflationary pressures continue to impact its operations, sending shares of Australia's second-largest grocer down more than 5%.

newspaper

24-08-2022

Australia's Coles flags higher costs as inflation bites

Coles Group on Wednesday forecast higher costs for fiscal 2023, as inflationary pressures continue to impact operations, and added that the COVID-19 pandemic and flu season have contributed to increased team member absenteeism costs.

newspaper

24-08-2022

Germany touts possible 'major role' for Canadian LNG in shift away from Russia

TORONTO (Reuters) -Germany hopes Canadian liquefied natural gas (LNG) will help ease its shift away from Russian gas imports, Chancellor Olaf Scholz said on Tuesday, a day after Canada played down the economic viability and speed of setting up new export terminals.

newspaper

23-08-2022

Russia tightens grip on internet as Yandex sells assets to state-run VK

The Russian government tightened its grip on the internet on Tuesday, as a state-controlled company with close links to President Vladimir Putin agreed to buy the news feed and homepage of the country's most popular website.

newspaper

23-08-2022

Russia tightens grip on media as Yandex sells homepage, news to rival VK

(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine)

newspaper

23-08-2022

Russia tightens grip on media landscape as Yandex sells homepage, news to rival VK

(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine)

newspaper

23-08-2022

Hino's widening engine scandal becomes nagging headache for Toyota

TOKYO (Reuters) -A widening scandal at Japan's Hino Motors over falsification of engine data has become a headache that will not go away for parent Toyota Motor Corp, adding to a difficult year already complicated by multiple production halts.

newspaper

23-08-2022

Hino's widening engine scandal is a nagging headache for Toyota

The widening scandal at Japan's Hino Motors over falsification of engine data has become a headache that won't go away for parent Toyota Motor Corp, adding to a difficult year already complicated by multiple production halts.

newspaper

23-08-2022

Hino Motors shares plunge more than 6% as data scandal widens

TOKYO (Reuters) -Shares of Japan's Hino Motors, Toyota Motor Corp's truck and bus unit, slumped more than 6% on Tuesday, after a data-falsification scandal widened to small trucks.

newspaper

23-08-2022