Reuters UK/EU

By Iain Withers LONDON (Reuters) -British lender Nationwide will pay out 340 million pounds ($429 million) to some customers through 100 pound payments to their current accounts, it said on Friday after reporting a 40% leap in annual profit driven by a run of Bank of England rate hikes. The country’s largest building society said …

UK’s Nationwide to pay 340 million pounds to customers after profit leap Read More »

(Reuters) -Air raid alerts sounded throughout Ukraine early on Friday, with some areas later reporting explosions and officials saying anti-aircraft units were in action in several regions. The alerts extended to all regions of the country for about an hour from 2 a.m. (2300 GMT). But there were no reports of strikes on infrastructure or …

Explosions, but no reported casualties after air raid alerts throughout Ukraine Read More »

By Kirstin Ridley LONDON (Reuters) – ClientEarth, an environmental law charity turned activist Shell investor, said on Friday it was challenging a London court decision to dismiss its novel lawsuit against the energy giant’s board over alleged climate risk mismanagement. The group said it would ask the High Court to reconsider the decision at an …

ClientEarth challenges UK court dismissal of Shell climate lawsuit Read More »

(Reuters) – Britain’s Prime Minister Rishi Sunak plans to announce a ban on Russian diamonds and imports of metals from Russia including copper, aluminium and nickel in support for Ukraine, his government said in a statement. Britain is also targeting an additional 86 people and companies from Russian President Vladimir Putin’s military industrial complex, in …

UK to ban Russian diamonds at G7 in fresh round of sanctions Read More »

By Suban Abdulla LONDON (Reuters) – British consumer confidence has risen for the fourth month in a row to its highest in 15 months as households take a more positive view about the economy and their finances, despite inflation still in double digits, a survey showed on Friday. Market research firm GfK’s headline confidence index …

UK consumers turn more confident despite inflation pain – GfK Read More »

(Reuters) -Twitter Inc has alleged that Microsoft Corp violated an agreement over using the social media company’s data, according to a letter seen by Reuters on Thursday. Twitter owner Elon Musk’s lawyer leveled accusations of “unauthorized” usage of Twitter’s data by Microsoft, including sharing data with government agencies without permission in some cases. In the …

Twitter alleges “unauthorized” data usage by Microsoft Read More »

BERLIN (Reuters) – Tax revenues in Germany fell by 4.6% in April compared with the same month last year due to relief measures introduced by the government to combat inflation and high energy prices, the finance ministry said on Friday. The country’s federal and state governments saw tax revenue drop to 53.9 billion euros ($59.33 …

German tax revenues down again in April – finance ministry Read More »

By Valentina Za MILAN (Reuters) -Mediobanca said on Thursday it had agreed to buy London-based Arma Partners, as Italy’s leading investment bank seeks to capture growing corporate demand for advisory services on tech deals and expand its international reach. The acquisition, which Mediobanca expects to boost its fee income by 10%, comes ahead of a …

Mediobanca buys Arma Partners to boost tech advisory offer Read More »