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Inditex owns brands including Zara, Massimo Dutti and Pull and Bear © Bloomberg Inditex, the world’s largest clothing retailer, posted an 80 per cent increase in first-quarter net profit as sales surpassed pre-pandemic levels. The owner of brands including Zara, Massimo Dutti and Pull and Bear said net sales for three months from February to […]
People clean the debris from their destroyed house after a missile strike, which killed an old woman, in the city of Druzhkivka (also written Druzhkovka) in the eastern Ukrainian region of Donbas on June 5, 2022. Aris Messinis | AFP | Getty Images Russian airstrikes hit a freight railcar repair factory in the Ukrainian capital […]
Russian forces advance in Sievierodonetsk, other areas Russia says U.S. weapons add fuel to the fire Biden to meet NATO chief KYIV, June 2 (Reuters) – Russian forces tightened their grip on an industrial Ukrainian city . . .
Crew members of an Air Force C-17 aircraft unload Nestle baby formula after its arrival from Ramstein Air Base in Germany, in Indianapolis, Indiana, U.S. May 22, 2022. Doug McSchooler/USA TODAY NETWORK via REUTERS Register now for FREE unlimited access to Reuters.com Register May 25 (Reuters) – The nationwide shortage of baby formula has prompted […]
The United States has accused Russia of holding the world’s food supply hostage amid growing fears of famine in developing countries, as a former Russian president warned that the Kremlin would not release vital grain shipments without an end to western sanctions. Speaking at a UN security council meeting on Thursday, US secretary of state […]
LONDON, May 17 (Reuters) – Nestle SA (NESN.S) is flying baby formula supplies to the United States from the Netherlands and Switzerland to alleviate the shortage in U.S. supermarkets, the company said on Tuesday. Nestle is moving Gerber baby food formula to the United . . .
NEW DELHI—India said it would ban wheat exports, in a move that will add to global inflationary pressure and further strain global food supplies that have been disrupted by the war in Ukraine. “The food security of India, neighboring and other vulnerable countries is at . . .
The US is expected to amplify its military assistance to Ukraine in the coming days as the Senate is anticipated to pass a bill giving Kyiv billions of additional weapons and military assistance. But the sheer extent of US arms donations has sharply reduced its own supplies – and analysts warn it will take time to […]
But in both cases, the sources of estrangement go far deeper. Gulf officials describe a mix of complaints that have caused them to doubt U.S. security guarantees, including what they consider the administration’s failure to respond vigorously enough to ongoing missile attacks on their countries by Iran-backed Houthi rebels in Yemen, and its eagerness to […]
As we watch Ukrainian refugees arrive by car and foot in Poland, it’s hard not to recall World War II, when the region was ravaged by fighting, famine spread and millions of Ukrainians died of starvation. We’re nowhere near that point; this time, however, food disruptions won’t remain an insular crisis. What is happening in […]