LONDON (Reuters) -Britain on Friday appointed BBC board member Elan Closs Stephens as the public broadcaster’s acting chair, replacing Richard Sharp who resigned in a cronyism row involving his links to former prime minister Boris Johnson. Closs Stephens, a member of the BBC’s governing body since 2010, will remain acting chair from June 27 for …
By Amanda Cooper LONDON (Reuters) – Sterling headed for its biggest one-week rally against the dollar in six months on Friday, as U.S. interest rates looked increasingly likely to plateau sooner than UK rates. With the all-important monthly U.S. employment report due later in the day, activity in the currency market was subdued. “From a …
Pound heads for biggest weekly gain in six months Read More »
LONDON (Reuters) – Prince Harry is expected to become the first senior British royal to appear in the witness box since the 1890s when he appears at the High Court in London as part of his lawsuit against Mirror Group Newspapers. Here is a brief history of senior royals in court: EDWARD VII The last …
By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Thursday stopped short of approving Deutsche Bank AG’s $75 million settlement with women who said that Jeffrey Epstein abused them, and that the German bank facilitated the late financier’s sex trafficking. At a hearing in Manhattan federal court to consider preliminary approval …
US judge won’t yet approve Deutsche Bank $75 million settlement with Epstein accusers Read More »
By Sheila Dang (Reuters) – Twitter’s head of trust and safety, Ella Irwin, told Reuters on Thursday that she has resigned from the social media company, which has faced criticism for lax protections against harmful content since billionaire Elon Musk acquired it in October. Irwin, who joined Twitter in June 2022, took over as head …
Twitter’s head of trust and safety says she has resigned Read More »
(Reuters) -Ukrainian authorities on Friday lifted air raid alerts across most of the nation, and officials in the capital Kyiv said defences appeared to have shot down more than 30 missiles and drones fired by Russia. Moscow has launched around 20 separate missile and drone strikes against Ukrainian cities since the start of May. Kyiv …
Ukraine lifts air raid alerts, says downed more than 30 missiles and drones Read More »
By Federica Urso and Federico Maccioni ROME (Reuters) -Florence wants to ban residential properties in its historic centre from being used for short-term rentals by platforms such as Airbnb in order to free up more homes for local people in the Tuscan city. Dario Nardella, the mayor of one of Italy’s most popular tourist destinations, …
Florence seeks to ban Airbnb rentals apartments from city centre – mayor Read More »
By Foo Yun Chee BRUSSELS (Reuters) – Supermarkets teaming up to buy goods jointly, companies sharing data and telecoms providers sharing mobile infrastructure will not run afoul of antitrust rules if such agreements are pro-competitive, European Union regulators said on Thursday as part of an overhaul of the rules. EU competition enforcers typically frown on …
EU regulators ease antitrust rules for joint buying alliances, data sharing Read More »
By Tommy Wilkes LONDON (Reuters) – The success of Republicans in triggering the break-up of a coalition of insurance firms aimed at tackling climate change is down to U.S. states being the industry’s primary regulator, interviews with industry executives and former officials show. The U.N.-backed Net-Zero Insurance Alliance (NZIA), formed in 2019 to get insurers …
Analysis-U.S. regulation fears drive insurers’ climate alliance break-up Read More »
By David Shepardson WASHINGTON (Reuters) – The U.S. Transportation Department (USDOT) said on Thursday it is fining British Airways $1.1 million for failing to provide timely refunds to passengers for flights to and from the United States during the COVID-19 pandemic. Since March 2020, USDOT received over 1,200 complaints alleging British Airways failed to provide …
US fines British Airways $1.1 million over delayed refunds Read More »
