News round-up Wednesday, 11 October 2022.
Conclusion of the day's news:
Wall Street Braces for an Earnings Season of Mixed Signals
Investors, weary of guessing where the Fed’s battle on inflation will take the economy, hope that third-quarter company earnings will bring clarity. (NYT)
French military strengthens position on Europe's eastern flank
Following the renewed bombardment of cities in Ukraine, armored vehicles, Leclerc tanks, Rafale jets and troops will be deployed to Romania, Estonia and Lithuania. (Le Monde)
What weapons is France sending to Ukraine?Over the past eight months, the French army has supplied 18 Caesar howitzers,'a few dozen' MILAN anti-tank missiles and around 15 TRF1 towed howitzers. (Le Monde)
Fears French fuel crisis could spread amid plans to order strikers to work
Union vows to fight government in court as workers at ExxonMobil and TotalEnergies demand pay rise and share of profits (The Guardian)
Borrell, in a self-criticism of the EU: "Our prosperity was based on cheap energy from Russia and business opportunities with China".
In view of the escalation of Russian aggression in Ukraine, the head of European diplomacy assures that the Union will continue to take measures to support the invaded country.
Links:
Quarterly Earnings Likely to Give Mixed Signals to Investors - The New York Times (nytimes.com)
French military strengthens position on Europe's eastern flank (lemonde.fr)
Fears French fuel crisis could spread amid plans to order strikers to work | France | The Guardian