By Pranav Kashyap and Nikhil Sharma (Reuters) -The UK’s FTSE 100 ended lower on Friday, weighed down by British American Tobacco following its settlement to end a tobacco lawsuit in Canada, but the blue-chip index logged weekly gains in anticipation of a UK rate cut next month. The FTSE 100 was down 0.3% after closing …
FTSE 100 dips but logs weekly gain on rate cut bets Read More »
By Amanda Ferguson BELFAST (Reuters) – The British government plans to further appeal a Belfast court ruling that legislation introduced by the previous government was incompatible with human-rights protections secured in a post-Brexit agreement for Northern Ireland. Belfast’s High Court ruled in February that the offering by the UK of conditional amnesties to ex-soldiers and …
UK plans to further appeal Northern Ireland amnesty ruling Read More »
LONDON (Reuters) -British finance minister Rachel Reeves is expected to prolong a freeze on income tax thresholds beyond 2028 in the government’s upcoming budget, in a move that could raise 7 billion pounds ($9.1 billion) a year, the Financial Times reported on Friday. Prime Minister Keir Starmer promised voters before last July’s election that he …
UK’s Reeves set to prolong freeze on income tax thresholds, FT reports Read More »
MOSCOW (Reuters) – Russian President Vladimir Putin said on Friday Russia would not let Ukraine get nuclear weapons, after Ukraine’s leader said that since Kyiv had given up its Soviet-era nuclear arms, it must join NATO. Putin said any move by Ukraine to get nuclear weapons could not be concealed and would draw an appropriate …
Putin says Russia won’t let Ukraine obtain nuclear weapons Read More »
JERUSALEM/CAIRO (Reuters) -Hamas leader Yahya Sinwar, a mastermind of the Oct. 7, 2023, attack that triggered the Gaza war, has been killed by Israeli forces in the Palestinian enclave, Hamas confirmed on Friday. Following is some of the reaction: HAMAS “The martyrdom of our brother, the leader Yahya Sinwar … will only increase the strength …
MOSCOW (Reuters) – Russian President Vladimir Putin said on Friday his possible attendance at next month’s summit of the Group of 20 leading economies in Brazil would disrupt the important work there, adding that somebody else would represent Moscow there. The International Criminal Court (ICC) in The Hague has issued a warrant for Putin’s arrest …
Putin says his presence at G20 in Brazil would ‘undermine’ work there Read More »
BRUSSELS (Reuters) – Ukraine is not considering developing nuclear weapons and recent reports on the topic were driven by an incorrect interpretation of remarks by President Volodymyr Zelenskiy, his chief of staff said on Friday. “We have not these thoughts about nuclear, we refuse it,” Andriy Yermak told a think-tank event in Brussels. The reports …
Ukraine not considering nuclear arms, top official Yermak says Read More »
By Allison Lampert and Mike Stone (Reuters) -Spirit AeroSystems told employees on Friday that it will furlough 700 workers for 21 days as an over one-month-long strike at U.S. planemaker Boeing eats into the supplier’s cash and inventory space. The furloughs, first reported by Reuters, will affect Spirit Aero employees working on Boeing’s 767 and …
Spirit Aero to furlough 700 workers for 21 days due to Boeing strike Read More »
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – Some European Central Bank governors at Thursday’s rate-setting meeting made the case for dropping a pledge to keep policy tight as inflation may now turn out lower than anticipated only a few weeks ago, five sources told Reuters. Their idea did not gain traction but it …
Exclusive-Some ECB governors wanted to drop pledge to keep policy tight, sources say Read More »
(Reuters) – Goldman Sachs slashed its 2024 annual earnings growth forecast for Europe’s STOXX 600 index to 2% from 6% on Friday, citing risks from rising corporate taxes and potential trade tariffs. An escalation in trade tariffs would knock off up to 9 percentage points from the European benchmark equity index’s earnings growth in 2026, …
Goldman Sachs slashes 2024 European earnings growth forecast Read More »
