Notizia

(Reuters) -European shares closed at near one-month lows on Friday as a cocktail of negative factors from China's COVID lockdowns to worries about rapid interest rate hikes subdued sentiment globally.

German flag carrier Lufthansa said on Friday it had to reduce the buy-on-board meal offer for some short- and medium-haul routes departing from Frankfurt as its catering contractor Gate Gourmet struggles with staff shortages.

Indonesia's plan to ban palm oil exports will deal a blow to the world's top food and consumer products companies including Unilever, Procter & Gamble and Nestle.

Investors are hoping a flood of U.S. quarterly reports next week, including those from megacap growth titans, will confirm a solid profit outlook for corporate America and bolster the case for stocks after a rocky start to the year.

Indonesia's ban on palm oil exports shocked global edible oils markets that already reached record high prices this year, and sparked alarm among major importers of the cooking medium.

McDonald's Corp on Friday defeated a union-backed organizing group's challenge to a settlement with a U.S. labor agency over claims that the company helped franchisees across the country suppress workers' demonstrations calling for higher wages.

Starbucks has hired a former McDonald's executive to oversee technology as returning CEO Howard Schultz explores changes to the coffee chain's drive-thru, mobile order-and-pay and other systems. Deb Hall Lefevre will become Starbuck's chief technology officer on May 2, according to a spokesperson. She takes over for Hans Melotte, who served as interim CTO for five months. Changes are likely to include increasing personalization in the company's mobile app for custo

WASHINGTON (Reuters) -The European Central Bank is likely to end its bond purchase scheme in early third quarter and raise rates before the end of the year, European Central Bank President Christine Lagarde told CNBC on Friday, outlining the bank's exit from stimulus.