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LSEG teams with digital trading platform to offer bitcoin futures and options

By Huw Jones LONDON (Reuters) -London Stock Exchange Group has teamed up with Global Futures and Options (GFO-X) to offer Britain’s first regulated trading and clearing in bitcoin index futures and options derivatives, the companies said on Thursday. Britain, which aims to become a global hub for crypto technology, launched a public consultation earlier this …

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Biden and UK’s Sunak did not discuss intel leaks, White House says

LONDON (Reuters) – U.S. President Joe Biden did not discuss the leak of intelligence documents with British Prime Minister Rishi Sunak when the two men met in Northern Ireland this week, White House press secretary Karine Jean-Pierre said on Thursday. “It did not come up, the leaked documents, in that conversation,” she told reporters in …

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Biden urges N.Ireland leaders to seize ‘incredible economic opportunity’

By Steve Holland, Amanda Ferguson BELFAST (Reuters) -U.S. President Joe Biden urged Northern Irish political leaders to restore their power-sharing government with the promise that scores of major U.S. corporations were ready to invest in the region as he marked the 25th anniversary of peace in Belfast. Biden, who is fiercely proud of his Irish …

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Meta exec Steve Hatch to be named as YouGov CEO – Sky News

(Reuters) – Meta Platforms Inc executive Steve Hatch will be named as the top boss of British online market research company YouGov Plc this week, Sky News reported on Thursday. Hatch’s appointment could be announced to the London Stock Exchange as soon as Friday morning and would come six months after YouGov CEO and co-founder …

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Sterling rises to 10-month high, shakes off weak UK economy

By Lucy Raitano LONDON (Reuters) – Sterling rose to its highest since last June on Thursday, as the dollar hovered at a two-month low after a slowdown in U.S. inflation, while data showed the UK economy essentially stagnated in February. Britain’s economy showed no growth in February as strikes by public workers hit output, but …

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Britain’s Hunt: GDP figures show there’s ‘no room for complacency’

LONDON (Reuters) – British finance minister Jeremy Hunt said on Thursday there was no room for complacency in tackling low growth and high inflation after data showed the economy stagnated in February, hurt by strikes among public workers. “The growth numbers show there is absolutely no room for complacency. Inflation is higher than we want, …

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London’s FTSE 100 gains on healthcare, mining boost; GDP data disappoints

By Shristi Achar A and Johann M Cherian (Reuters) -The UK’s FTSE 100 closed modestly up on Thursday, clocking gains for the fifth straight day in a winning streak helped by healthcare and mining stocks, while data showed the domestic economy stagnated in February. Data from the Office for National Statistics (ONS) showed the economy …

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Italy can cut massive public debt with migrant inflows – Treasury data

By Giuseppe Fonte ROME (Reuters) – Italy, the most indebted country in the euro zone after Greece, could cut its public debt faster if it keeps on taking in large numbers of migrants, Treasury data showed on Thursday. The Treasury estimates that a 33% increase in registered migrants in Italy would lead to a fall …

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Senate leader Schumer pushes for AI regulatory regime after China action

By David Shepardson WASHINGTON (Reuters) – Senate Majority Leader Chuck Schumer said Thursday he had launched an effort to win bipartisan agreement for a new regulatory regime to address concerns about artificial intelligence. Schumer’s office said “given the AI industry’s consequential and fast-moving impact on our society and global economy” he believes it is a …

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Volkswagen calls for delay in implementation of new EU emissions standards to 2026

BERLIN (Reuters) – Volkswagen called on Thursday for the implementation of new EU emissions standards to be pushed to at least autumn of 2026, slightly over a year later than planned, with the aim of all new cars meeting the standards by autumn 2027. The carmaker could meet this timeline provided the law comes into …

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