(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) – Alfa Bank made a record loss of 117.1 billion roubles ($1.44 billion) last year, a company report showed on Thursday, as sanctions on its financial system hit Russia’s big banks. Russia’s central bank said two …
Russia’s Alfa Bank follows in VTB footsteps with record 2022 loss Read More »
By Michael Holden LONDON (Reuters) – King Charles has given his support to research that will examine the British monarchy’s links to slavery, Buckingham Palace said on Thursday, after a newspaper report said a document showed a historical connection with a transatlantic slave trader. The Guardian said an archive document discovered by historian Brooke Newman …
King Charles backs research into monarchy’s slave links Read More »
By Harry Robertson LONDON (Reuters) – The pound hovered just below its highest level in 10 months on Thursday as investor focus turned to Friday’s U.S. jobs numbers. Sterling was last flat at $1.246, having touched its highest level since June – $1.253 – on Tuesday. Markets were subdued across the board on Thursday ahead …
Sterling hovers just below 10-month high, with focus on U.S. job numbers Read More »
By David Milliken LONDON (Reuters) -British house-building fell at the sharpest pace since May 2020 last month as the cost of higher interest rates outweighed an easing in supply chain difficulties that bolstered other types of construction, according to a survey released on Thursday. The S&P Global/CIPS construction Purchasing Managers’ Index (PMI) fell to 50.7 …
UK house-building falls by most since 2020 as interest rates bite -PMI Read More »
By Rami Ayyub WASHINGTON (Reuters) -Former President Donald Trump on Wednesday called on his fellow Republicans in Congress to slash funding for the U.S. Justice Department and the FBI, one day after pleading not guilty in New York to 34 felony counts of falsifying business records. Trump, who is seeking to regain the presidency in …
Trump, newly charged, urges defunding US Justice Department and FBI Read More »
(Reuters) -A lawmaker in Britain’s governing Conservative Party has been suspended after he was filmed in a newspaper sting offering to lobby ministers and leak market-sensitive information on behalf of a fake company. Scott Benton, a lawmaker in Prime Minister Rishi Sunak’s party since 2019, has been suspended pending an investigation. The move comes after …
UK Conservative lawmaker Benton suspended after newspaper sting Read More »
(Reuters) – Scandinavian airline SAS AB said on Thursday it had initiated steps to raise equity and would seek bids as part of its ongoing Chapter 11 bankruptcy proceedings in the United States. The embattled carrier filed for bankruptcy protection in the U.S. last year, as it sought to slash costs and debt amid strikes …
Airline SAS seeks equity bids as part of bankruptcy proceedings Read More »
WASHINGTON (Reuters) – Britain’s King Charles has invited U.S. President Joe Biden to the United Kingdom for a state visit and Biden accepted, the White House said on Wednesday. The invitation came during a conversation between Biden and Charles on Tuesday in which Biden informed the king that U.S. first lady Jill Biden would attend …
King Charles invited Biden for state visit, Biden accepted -White House Read More »
By Jack Queen and Luc Cohen (Reuters) – For prosecutors to win their unprecedented case against Donald Trump unveiled on Tuesday, they must meet the heavy burden of proving that the former U.S. president knowingly tried to cover up a crime by hiding a hush money payment. It’s a question of intent, legal experts said. …
Analysis-To convict Trump on hush money charges, prosecutors must get into his head Read More »
LONDON (Reuters) – London’s police force said on Thursday it had dismissed dozens of officers in the last six months and was going through older misconduct cases in its bid to restore public trust and clean up its image after a series of scandals. Last month, an independent review found the Metropolitan Police to be …
London’s police force steps up crackdown on rogue officers Read More »
