By Kirsti Knolle Gaston Glock, the reclusive engineer and tycoon who developed one of the world’s best-selling handguns, died on Wednesday aged 94, Austrian news agency APA said. The Austrian won loyal followings among police and military across the world with the weapons that bore his name. Forbes estimated his and his family’s fortune at …
Gaston Glock, the man behind the gun, dies aged 94 – APA Read More »
MOSCOW (Reuters) – Russia’s federal budget expenditure in 2023 will total 32.2 trillion roubles ($351.45 billion), Finance Minister Anton Siluanov told reporters on Wednesday. The figure is almost 11% – or 3.1 trillion roubles – higher than the initially approved total expenditure for this year of 29.06 trillion roubles. The increase may reflect a sharper …
Russian budget expenditure in 2023 to total $351 billion – finance minister Read More »
By Shashwat Chauhan and Bansari Mayur Kamdar (Reuters) -European shares edged higher on Wednesday in a holiday-shortened week on growing optimism around U.S. interest rate cuts as early as March, while shipping companies fell on news of resumption of travel via the Suez Canal and the Red Sea. The pan-European STOXX 600 closed 0.3% higher. …
European shares kick off last week of 2023 higher Read More »
By Khushi Singh and Shubham Batra (Reuters) -London stocks rose on Wednesday led by a surge in automobiles and parts stocks, while investors latched on to the year-end optimism that major central banks including the Bank of England could begin cutting interest rates early in 2024. The blue-chip FTSE 100 climbed 0.4% after touching seven-month …
(Reuters) – London’s gold price benchmark hit an all-time high of $2,069.40 per troy ounce at an afternoon auction on Wednesday, surpassing the previous record of $2,067.15 set in August 2020, the London Bullion Market Association (LBMA) said. “I can think of no clearer demonstration of gold’s role as a store of value than the …
London gold price benchmark breaks all-time high, LBMA says Read More »
By Belén Carreño MADRID (Reuters) -Spain on Wednesday extended a raft of measures designed to help people cope with high costs of living into 2024, even as the rate of inflation slows. Like other European countries, Spain has grappled with a cost-of-living crisis in the aftermath of the COVID-19 pandemic, exacerbated by the impact of …
Spain extends measures to help with living costs into 2024 Read More »
LONDON (Reuters) – British shopper numbers at stores on Boxing Day rose from a year earlier, especially in London, research data showed on Wednesday, marking a strong start to the post-Christmas bargain-hunting spree. Research group MRI Software said footfall rose 4% across all UK retail destinations on Dec. 26. Known in Britain as Boxing Day, …
UK post-Christmas shopping provides some cheer for retailers Read More »
By Terje Solsvik OSLO (Reuters) -Denmark’s Maersk has scheduled several dozen container vessels to travel via the Suez Canal and the Red Sea in the coming days and weeks, it said on Wednesday, in a further sign that global shipping firms are returning to the route. The world’s top shipping companies, including container giants Maersk …
Maersk schedules dozens of vessels to travel via Suez Canal Read More »
LONDON (Reuters) – Self-driving cars could be on some British roads by 2026, the country’s transport minister Mark Harper said on Wednesday. Cars with full self-driving technology are not currently permitted on Britain’s roads but the government’s Automated Vehicles (AV) legislation is going through parliament, meaning that a legal framework for them should be in …
Self-driving cars could be on UK roads by 2026 -minister Read More »
(Reuters) -Manchester United said it could coerce Jim Ratcliffe under certain circumstances to divest his ownership in the British soccer club at least 18 months after the billionaire closes his acquisition of a 25% stake in the company. It made the disclosure in a regulatory filing on Tuesday, but did not specify the circumstances. Manchester …
Ratcliffe could be forced to divest ManU stake under some conditions Read More »
