Reuters UK/EU

LONDON (Reuters) -Chelsea have confirmed that forward Mykhailo Mudryk has been contacted by the Football Association after an adverse finding following a routine anti-doping test. The Premier League club issued a brief statement on Tuesday confirming an investigation into the Ukraine international after the adverse result from a urine sample. “Both the Club and Mykhailo …

Soccer-Chelsea confirm Mudryk contacted by FA over adverse sample Read More »

(Reuters) -Chinese leaders agreed last week to raise the budget deficit to 4% of gross domestic product (GDP) next year, its highest on record, while maintaining an economic growth target of around 5%, two sources with knowledge of the matter said. The new deficit plan compares with an initial target of 3% of GDP for …

Exclusive-China plans record budget deficit of 4% of GDP in 2025, say sources Read More »

(Reuters) -U.S. oil and gas firm Kosmos Energy walked away from its pursuit of West Africa-focused Tullow Oil on Tuesday, without specifying any reason for the decision. This came less than a week after the companies announced they were in early talks for a potential deal. Kosmos had a deadline of 5 p.m. London time …

Kosmos Energy walks away from Tullow Oil acquisition Read More »

By Jean-Stéphane Brosse and Abdou Moustoifa PARIS/MORONI (Reuters) -Authorities in Mayotte were racing on Tuesday to stop hunger, disease and lawlessness from spreading in the French overseas territory after the weekend’s devastating cyclone, while Mozambique reported dozens of deaths from the storm. Hundreds or even thousands could be dead in Mayotte, which took the strongest …

Mayotte authorities fear hunger, disease after cyclone; death toll rises in Mozambique Read More »

LONDON (Reuters) -Barclays on Tuesday lost its bid to overturn a key ruling on motor finance commission, in a case likely to affect a potential multibillion pound consumer redress scheme from Britain’s finance watchdog. The case comes as the Financial Conduct Authority (FCA) mulls a redress scheme and after London’s Court of Appeal ruled it …

Barclays loses challenge to motor finance ruling as UK watchdog’s redress scheme looms Read More »

(Reuters) -British business supplies distributor Bunzl on Tuesday said that low prices, especially in continental Europe, would have a “slight impact” on its annual profit, sending its shares down more than 5%. Bunzl has been balancing sales declines in the U.S., a key market, by raising prices for daily-use items such as stationery and food …

UK’s Bunzl says lower prices will hit 2024 profit, shares plunge Read More »

FRANKFURT (Reuters) -The European Central Bank imposed additional capital charges on 13 euro zone banks this year, judging that they might be taking on more risk than they can absorb. This “add-on” to the banks’ leverage ratio requirement, which measures a bank’s core capital as a percentage of its total assets, was applied to more …

ECB imposes extra capital charge on 13 banks over leverage risk Read More »