By Marc Jones LONDON (Reuters) – Credit Suisse saw investors pull a record 4.6 billion euros ($5.04 billion) out of its funds at the height of the bank’s troubles last month, data published on Friday showed. The data from Morningstar covered the whole of March, when a potential collapse of Credit Suisse saw Switzerland’s financial …
Credit Suisse saw record fund outflows during March turmoil, data shows Read More »
LONDON (Reuters) -England captain Leah Williamson said she will miss the women’s World Cup after Arsenal confirmed she had suffered a ruptured anterior cruciate ligament in a Women’s Super League match against Manchester United. Williamson, 26, went down in pain 12 minutes into their 1-0 loss to United on Wednesday and was helped off the …
Soccer-England skipper Williamson to miss World Cup with knee ligament injury Read More »
(Reuters) – Twitter dropped the “Government-funded” and “China state-affiliated” labels, which implies government involvement in editorial content, from the accounts of various global media organizations, their profiles showed on Friday. Twitter dropped the “Government-funded Media” label from the accounts of U.S.-based National Public Radio (NPR), British Broadcasting Corp and Canadian Broadcasting Corporation (CBC). It also …
Twitter drops ‘government-funded’ label on media accounts, incl in China Read More »
By David Milliken LONDON (Reuters) -The Bank of England needs to focus on tightening monetary policy sufficiently to control inflation, and ensuring that no “inflationary mentality” develops, Bank of England Deputy Governor Dave Ramsden said in an interview published on Friday. “When I look at where inflation is and where it needs to get to, …
Bank of England must ‘stay the course’, deputy governor Ramsden says Read More »
(Reuters) – Henkel on Friday said it expects to see a net financial loss in the deal to sell its Russian business. The consumer goods group did not disclose the amount of losses but pointed out that the currency exchange effect would play a role in the transaction. Further details on the deal will be …
Henkel expects net financial loss from sale of Russia business Read More »
By Kirstin Ridley, Jahnavi Nidumolu and John Revill LONDON (Reuters) -Investors representing more than 4.5 billion Swiss francs ($5 billion) of Credit Suisse bonds have sued the Swiss regulator after their investments were wiped out during last month’s government-orchestrated rescue. Law firm Quinn Emanuel Urquhart & Sullivan, which is representing the bondholders, said on Friday …
Credit Suisse bondholders sue Swiss regulator over wipe-out Read More »
By Iain Withers, Paul Sandle and David Milliken LONDON (Reuters) – The Confederation of British Industry said on Friday that it was suspending all policy and membership work until June, after a slew of businesses quit following a new media report about another alleged rape at the trade association. Major British corporate names including NatWest, …
Britain’s CBI group suspends work as businesses quit over rape allegations Read More »
(Reuters) – British health minister Steve Barclay said on Friday that he intends to pursue legal action against the Royal College of Nursing’s upcoming strike action. “Following a request from NHS Employers I have regretfully provided notice of my intent to pursue legal action to ask the courts to declare the Royal College of Nursing’s …
UK health minister says he will seek court order to block nurses’ strike Read More »
By Shristi Achar A and Johann M Cherian (Reuters) -Britain’s exporter-heavy FTSE 100 index closed higher on Friday, boosted by defensive stocks, while Network International hit nearly a two-year high after a Canadian wealth manager made a counter bid to take over the payments provider. Shares in mid-cap Network International Holdings Plc soared 10.3% after …
London’s FTSE 100 ends up for fifth straight week Read More »
LONDON (Reuters) – A local authority in southeastern England on Friday lost a bid at London’s High Court to stop the British government from accommodating asylum seekers at a former military base. Braintree District Council, in Essex to the northeast of London, had sought an injunction to prevent the Home Office (interior ministry) housing up …
UK local authority loses bid to stop asylum seekers being housed at air base Read More »
