(Reuters) -Dominic Raab will stand down as an MP at Britain’s next general election, the Telegraph newspaper reported on Monday, weeks after he resigned from the government following an independent report found he had bullied officials, Raab would step down citing concerns over the pressure the job had placed on his family, the newspaper reported, …
UK’s Raab to stand down as MP at next election -The Telegraph Read More »
By Sam Tobin LONDON (Reuters) – A British foreign exchange company boss who used investors’ cash to fund a luxury lifestyle was convicted in a London court over his role in a 50 million pound ($62 million) Ponzi-style scheme. Anthony Constantinou was found guilty on Monday of one count of fraud by false representation, two …
British forex boss convicted for $62mln Ponzi-style fraud Read More »
LONDON (Reuters) – British Finance Minister Jeremy Hunt plans to raise concerns about the surge in food prices and discuss ways to ease the strain on families when he meets food manufacturers on Tuesday, his office said in a statement. “High food prices are proving stubborn so we need to understand what’s driving that,” Hunt …
UK finance minister to meet food manufacturers to discuss high prices Read More »
By Sam Tobin LONDON (Reuters) – German-owned discount supermarket Lidl may seek a share of any profit made by rival Tesco from its Clubcard discount scheme as a result of copying Lidl’s logo, London’s High Court heard on Monday. Lidl sued Britain’s biggest retailer Tesco in 2020 shortly after Tesco adopted a yellow circle against …
Lidl may seek bite of Tesco’s Clubcard profits after winning trademark lawsuit Read More »
By Daniel Wiessner (Reuters) -First Citizens BancShares Inc, which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC on Monday, accusing it of poaching more than 40 of the failed bank’s employees in order to launch its own U.S. venture banking business. The lawsuit filed in San Francisco federal court says HSBC violated …
First Citizens sues HSBC for hiring away Silicon Valley Bank staff Read More »
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Monday dismissed long-running litigation by investors who accused HSBC Holdings Plc and Bank of Nova Scotia of conspiring to fix silver prices. U.S. District Judge Valerie Caproni in Manhattan said the investors lacked legal standing to pursue federal antitrust claims under the Sherman Act, …
Banks win dismissal of U.S. silver price-fixing litigation Read More »
LONDON (Reuters) -Junior doctors in England plan to stage more strikes in June, their union said, meaning more strain for the state-run health service, NHS, after pay negotiations with the government collapsed on Monday without a resolution. The strikes will be from June 13 to 17, the British Medical Association (BMA), which represents about 45,000 …
Junior doctors in England plan more strikes in fight for better pay Read More »
By Johann M Cherian and Shashwat Chauhan (Reuters) -UK’s FTSE 100 rose on Monday, lifted by financial stocks, though lingering concerns over the U.S. debt ceiling impasse kept sentiment fragile while Dechra Pharmaceuticals slumped after issuing a profit warning. The blue-chip FTSE 100 rose 0.2%, gaining for the third straight session. British banks added 1.0% …
Financials lift UK’s FTSE 100; U.S. debt ceiling negotiations eyed Read More »
COPENHAGEN (Reuters) – Defence ministers from northern European countries showed “great support” at a meeting in Poland for training Ukrainian pilots in flying F-16 fighter jets, Denmark’s Defence Minister Troels Lund Poulsen said on Monday. “Great support for the goal of training F-16 pilots for Ukraine,” the minister said in a tweet, adding that Denmark …
‘Great support’ for training Ukrainian pilots – Denmark Read More »
By Elvira Pollina, Alexander Huebner and Amy-Jo Crowley MADRID/BERLIN/LONDON (Reuters) – German media group ProSiebenSat.1 and European pay-TV operator Sky have revived talks over a combination of their businesses in Germany, four sources familiar with the matter said Wednesday. Like other broadcasters across Europe, German broadcasters are struggling to reshape their business to compete with …
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