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EXCLUSIVE Nike to make full exit from Russia

EXCLUSIVE Nike to make full exit from Russia

PARIS/COPENHAGEN/LONDON, June 23 (Reuters) – Nike (NKE.N) is making a full exit from Russia three months after suspending its operations there, the US sportswear maker told Reuters on Thursday, as the pace of Western companies leaving the country accelerates. Nike said on March 3 it would temporarily suspend operations at all its Nike-owned and -operated …

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ECB signals rates lift-off, eyes bigger move in September

ECB signals rates lift-off, eyes bigger move in September

Promises 25 bps July rate hike Says will hike again in Sept and bigger move possible Inflation rising, broadening Lagarde press conference at 1230 GMT FRANKFURT/AMSTERDAM, June 9 (Reuters) – The European Central Bank ended a long-running stimulus scheme on Thursday and said it would deliver next month its first interest rate hike since 2011, …

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Freeport LNG plant blast adds to strain on global supplies

Freeport LNG plant blast adds to strain on global supplies

HOUSTON, June 9 (Reuters) – Freeport LNG, operator of one of the largest US export plants producing liquefied natural gas (LNG), will shut for at least three weeks following an explosion at its Texas Gulf Coast facility, raising the risk of shortages especially in Europe. Freeport LNG, which provides around 20% of US LNG processing, …

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Blame game in France after 'chaotic' Champions League final

Blame game in France after ‘chaotic’ Champions League final

PARIS, May 29 (Reuters) – Chaotic scenes at the French national stadium before and during Saturday night’s Champions League final were branded a national embarrassment, while French ministers blamed Liverpool fans for the trouble. The final between Liverpool and Real Madrid kicked off with a 35-minute delay after police tried to hold back people attempting …

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