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The logo of France-based food retailer Carrefour is seen on shopping trolleys in Sao Paulo, Brazil July 18, 2017.

Carrefour Confident On 2022 Despite Mounting Challenges

Carrefour is looking at 2022 with confidence as it works on a new strategy that will allow the French retailer to step up digital expansion and be more resilient amid an increasingly uncertain environment, its boss said on Friday.
People stroll at Mahmutpasa street, a middle-class shopping area, in Istanbul, Turkey May 6, 2022.

Turkish Inflation Soars To 73%, Highest Since 1998

Turkey's annual inflation rate jumped to a 24-year high of 73.5% in May, fuelled by the war in Ukraine, rising energy prices and a tumbling lira -- though the figure was slightly lower than economists had feared.
Test tubes labelled "Monkeypox virus positive" are seen in this illustration taken May 22, 2022.

Test Makers Target Monkeypox Market As Cases Surge

Diagnostic companies are racing to develop tests for monkeypox, hoping to tap into a new market as governments ramp up efforts to trace the world's first major outbreak of the viral infection outside of Africa.
Models of oil barrels and a pump jack are displayed in front of a rising stock graph and "$100" in this illustration taken February 24, 2022.

Oil Prices Gain Slightly As OPEC+ Plan Disappoints

Oil prices edged higher on Friday as markets shrugged off the decision of OPEC+ to increase production and questioned whether the incremental output would make up for lost Russian supply and meet China's growing demand amid easing COVID restrictions.
Models of oil barrels and a pump jack are displayed in front of a rising stock graph and "$100" in this illustration taken February 24, 2022.

Oil Prices Sit Tight As OPEC+ Plan Disappoints

Oil prices moved in a thin range on Friday as markets shrugged off the decision of OPEC+ to increase production and questioned whether the incremental output could make up for lost supply from Russia and meet China's growing demand amid easing COVID restrictions.

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