Reuters UK/EU

UK borrowing figures open up room for tax cuts in March budget

By William Schomberg and Sachin Ravikumar LONDON (Reuters) -British finance minister Jeremy Hunt received a boost as he works on possible tax cuts before a national election expected later this year when data showed that he would have more wiggle room in his March budget plan than previously expected. Britain posted a smaller-than-expected budget deficit …

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Australia imposes sanctions on Russian hacker over Medibank breach

By Renju Jose SYDNEY (Reuters) -Australia on Tuesday imposed cyber sanctions on a Russian man for his role in the breach at insurer Medibank, one of the country’s biggest data thefts which impacted about 10 million customers. Reports of cybercrime in Australia have spiked over recent years with several companies disclosing hacks, prompting the government …

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Soccer-Scoreless draw enough for Brighton to leapfrog Man United into seventh in Premier League

BRIGHTON, England (Reuters) -Brighton & Hove Albion could only muster a point in a scoreless draw with Wolverhampton Wanderers on Monday but it was enough to lift them above Manchester United into seventh place in the Premier League table. Roberto De Zerbi’s team, unbeaten in nine home games, are ahead of United on goal difference …

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Ukraine’s Zelenskiy vows to help business after banker’s detention

(Reuters) – President Volodymyr Zelenskiy pledged on Monday to take whatever measures were needed for the smooth operation of Ukrainian enterprises after the detention of a prominent banker caused an uproar in the business community. In his nightly video address, Zelenskiy said he had held “difficult” talks with prominent businessmen and was resolved to iron …

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Australia’s sovereign wealth fund grows on equity rally; cautious about rate cuts

By Lewis Jackson SYDNEY (Reuters) -Australia’s sovereign wealth fund has cautioned against expecting rate cuts in Australia or the U.S. anytime soon after reporting on Tuesday a rebound in its performance in the final quarter of 2023 buoyed by the rally in global equity markets. The A$212 billion ($139 billion) Future Fund, returned 8% in …

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European investment firm Plural launches 400 million euros tech-focused fund

By Sudip Kar-Gupta PARIS (Reuters) – European venture capital fund Plural, whose investors include Taavet Hinrikus who co-founded money transfer company Wise Plc, launched on Tuesday a new 400 million euros ($435 million) fund focusing on the tech and artificial intelligence sector. “By supporting the most ambitious founders with our hard-won experience, we’re determined to …

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Karl Marx’s London cemetery looks to solve its grave problem

By Sachin Ravikumar LONDON (Reuters) – London’s most famous cemetery, the final resting place of revolutionary socialist Karl Marx, is searching for a new lease of life by reclaiming long-abandoned graves so they can be sold again for fresh burials. The Victorian-era Highgate Cemetery, crammed with a jumble of ivy-covered graves and ornate stone memorials, …

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