LONDON (Reuters) – British consumers are spending 530 million pounds ($666 million) a year for smartphones they already own because they are not switching out of bundled contracts once their fixed term ends, research by mobile operator Virgin Media O2 (VMO2) showed on Friday. Mobile phone contracts typically bundle together a handset, such as an …
(Reuters) -British outsourcing company Capita has confirmed to pension clients that some data it processed was likely to have been hacked during a recent cyber incident, the Financial Times reported on Thursday. The company, which was affected by a cyber incident in March, said last month that there was no evidence of any data being …
Capita warns some pensions data likely taken in cyber attack -FT Read More »
SAO PAULO (Reuters) – Heineken NV, the world’s second-largest brewer, said on Thursday it will invest 1.5 billion reais ($300.8 million) in Brazil as part of an expansion plan for its premium and single malt beer portfolios. Brazilian beer drinkers are among the world’s biggest consumers of Heineken, according to the company. The planned investment …
Heineken to invest $300 million in Brazil to expand premium beer portfolio Read More »
(Reuters) – Russian drones attacked the Ukrainian capital Kyiv on Thursday evening, the fourth assault in as many days subjecting residents to spasms of gunfire and explosions, and at least one drone was shot down. FIGHTING * Russia said the United States was behind a purported drone attack on the Kremlin on Wednesday night aiming …
Russia’s war on Ukraine latest: Russian drones attack Kyiv again Read More »
By Paul Sandle LONDON (Reuters) -Britain’s competition regulator said on Thursday it would start examining the impact of artificial intelligence on consumers, businesses and the economy and whether new controls were needed on technologies such as OpenAI’s ChatGPT. While research on AI has been going on for years, the sudden popularity of generative AI applications …
UK reviews AI models as rapid growth fuels safety concerns Read More »
LONDON (Reuters) -Britain’s RMT trade union said on Thursday railway workers had voted in favour of further strike action in a new ballot amid a long-running pay dispute with train operating companies. “This sends a clear message to the employers that the huge anger amongst rail workers is very real and they need to recognise …
Railway workers at UK’s RMT union back further strikes in new ballot Read More »
By Shristi Achar A and Amruta Khandekar (Reuters) -London’s FTSE 100 hit a one-month low on Thursday as a smaller interest rate hike by the European Central Bank did little to lift sentiment dampened by concerns about the banking sector, while Shell gained after posting upbeat earnings. The blue-chip index ended 1.1% lower, while the …
FTSE 100 at one-month low as financials drag, ECB signals more hikes Read More »
LONDON (Reuters) – A man who was arrested outside Buckingham Palace on Tuesday for throwing what police said were shotgun cartridges is being detained under the Mental Health Act, London police said on Thursday. The 59-year-old man, who was also found with a knife, will remain on bail while receiving medical care, police added. Britain’s …
Man arrested at Buckingham Palace detained under Mental Health Act Read More »
By Michael Holden LONDON (Reuters) -King Charles will be crowned at Westminster Abbey in a ceremony full of pomp, pageantry and solemn religious significance on Saturday, after he became monarch of the United Kingdom and 14 other realms on the death of his mother Queen Elizabeth in September. Why is he crowned, what does it …
What to expect from King Charles’ coronation on May 6 Read More »
COPENHAGEN (Reuters) – Denmark’s central bank raised its key interest rate by 0.25 percentage points to 2.85% on Thursday, following a rate hike earlier in the day by the European Central Bank. “The interest rate increase is a consequence of the increase by the European Central Bank of its main monetary policy rate, the deposit …
Denmark’s central bank raises key rate, following ECB hike Read More »
