Section: The Wall Street Journal (USA)
German Foreign Engagement Is Light
Brussels Beat: Berlin has led Europe’s diplomatic response to Russia’s aggression in Ukraine, but is it really taking the lead enough? …read more Source: The Wall Street...
Putin Adopts Softer Tone on Visit to Crimea
The Russia president said his country doesn’t want a confrontation with the West, as he defied Western criticism by visiting the Crimean peninsula that Moscow annexed from Ukraine in March. …read more Source: The Wall Street...
Euro-Zone GDP Fails to Grow
The euro-zone economy stalled last quarter after 12 months of weak growth, underscoring concerns that the region is mired in a deep rut of high joblessness and weak consumer prices that could worsen amid tension in Ukraine and the Middle East. …read more Source: The Wall Street...
Oriflame Pressured by Ukraine, Russia Crisis
Oriflame Cosmetics said the geopolitical crisis in Russia and Ukraine weighed on second-quarter profit and that it may struggle to deliver some nutrient products to Russia, one of its key markets, due to the recent food ban imposed by Moscow. …read more Source: The Wall Street...
Ukraine’s Volunteers Mix Patriotism With Bravado
Fighting alongside regular troops and heavy artillery, the battalions are a cross-section of Ukrainian society. But they also include extreme nationalists and people who aren’t prone to showing restraint. …read more Source: The Wall Street...
Earnings Lift European Markets
Upbeat earnings helped European markets shrug off poor industrial production figures for the region, and at least temporarily sideline fears surrounding the economic impact of the crisis in Ukraine. …read more Source: The Wall Street...
War Leaves Scars in Ukrainian Town
Some residents of Siversk first welcomed pro-Russia militants, but they lost heart when the separatists brought only destructive fighting. …read more Source: The Wall Street...
Ukraine Currency Hits New Low
Escalating tensions with Russia sent Ukraine’s currency tumbling to a record low against the dollar Tuesday, a move that could threaten the stability of the country’s banking system and raise the prospect of losses for bondholders. …read more Source: The Wall Street...
Russian Bank in Talks to Buy Roberto Cavalli
Russia’s second-largest state-controlled lender VTB—which has been targeted by U.S. and EU sanctions—is in talks to purchase a controlling stake in the Italian fashion house Roberto Cavalli, a person familiar with the matter said. …read more Source: The Wall Street...
Henkel Warns Political Tension Spoils Trading Outlook
Germany’s Henkel has warned that trading conditions are looking tough in the months ahead amid rising political tensions in Ukraine and the Middle East as the maker of Persil detergent and Schwarzkopf shampoo reported a 5.5% rise in second-quarter net profit. …read more Source: The Wall Street...