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UK’s Joules falls 41% on profit warning

  Bloomberg Joules Group Plc shares plummeted after the British retailer joined a growing list of companies to warn that supply chain issues and Covid infections are hurting earnings. The stock dropped 41% in early trading in London Tuesday, the most on record. The company has faced stock delays, rising freight costs and fewer customers visits to stores due to ...

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One year after coup, US to slap new sanctions on Myanmar

  Bloomberg The US issued fresh sanctions against people and entities linked to Myanmar’s military that seized control of the government a year ago, with President Joe Biden warning “further costs” will be imposed as long the junta doesn’t hold elections. Seven people including Myanmar government officials and businessmen as well as a private logistics company and an army-run procurement ...

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Estonia says Nato’s unity an unpleasant surprise for Russia

  Bloomberg Nato’s unity in confronting the potential threat against Ukraine has been a negative surprise for Russia, and Europe must be strategic with sanctions in case of an attack, Estonia’s prime minister said. Premier Kaja Kallas said that Russian President Vladimir Putin’s intentions in Ukraine still aren’t clear as his government masses forces across the border from its former ...

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