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‘Eco-friendly’ King Charles to reuse historic garments for coronation

By Michael Holden LONDON (Reuters) – Britain’s King Charles, who has spent a lifetime campaigning for sustainability and against a throwaway economy, will wear clothing previously worn by his predecessors, including his mother and grandfather, for his coronation next week. Charles, 74, will be crowned at London’s Westminster Abbey on May 6, during a grand …

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From caviar to cardboard cutouts, businesses hope for coronation boost

By Marie-Louise Gumuchian LONDON (Reuters) – From tins of caviar to a celebration beer, businesses are seeking to entice royal fans with a slew of products marking the coronation of Britain’s new monarch. Mugs, plates, tea towels, magnets, cushions and teddy bears are staple memorabilia for royal occasions and an array of these to mark …

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UK govt says country’s banking system safe and sound, after First Republic collapse

LONDON (Reuters) – Britain’s finance ministry said on Monday that the country’s banking system remained safe, sound and well capitalised, after First Republic Bank became the third major U.S. bank to fail in two months. “As the independent Bank of England has confirmed, the UK banking system remains safe, sound and well capitalised,” a spokesperson …

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More than 2,200 guests to attend King Charles’ coronation at Westminster Abbey

LONDON (Reuters) – More than 2,200 people will attend the coronation of Britain’s King Charles, Buckingham Palace said on Monday, including international representatives from 203 countries as well as community and charity workers. The congregation at London’s Westminster Abbey on Saturday, May 6, will also comprise Nobel Prize winners, religious representatives, and heads of state …

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Subway comes up with $5 billion debt plan to clinch $10 billion-plus sale -sources

By Abigail Summerville and Anirban Sen NEW YORK (Reuters) -The bankers running the sale process for Subway have given the private equity firms vying for the sandwich chain a $5 billion acquisition financing plan, hoping to overcome a challenging environment for leveraged buyouts and fetch the company’s asking price of more than $10 billion, people …

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Russia’s war on Ukraine latest: Huge blaze injures 34 in latest wave of Russian strikes

(Reuters) – Russia unleashed a fresh volley of missiles on Ukraine overnight, causing huge blazes in an eastern city, damaging dozens of homes and wounding at least 34 people. Other cities appeared relatively unscathed, with Ukraine saying it destroyed 15 out of 18 missiles. FIGHTING * A Ukrainian general said Russian troops had been pushed …

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Italy sets terms for Whirlpool’s sale of European unit to Arcelik

ROME (Reuters) – Italy’s government on Monday conditionally approved Whirlpool’s sale of a majority stake of its European domestic appliances business to Turkish rival Arcelik, a ministerial source said. The Europe-wide deal, announced in January, concerns four Whirlpool factories in Italy employing around 4,600 people. Prime Minister Giorgia Meloni’s right-wing government had the right to …

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