(Reuters) – Britain’s pubs want the government’s help in keeping prices of a pint affordable this Christmas, as surging inflation is driving up costs for businesses and hampering consumers’ purchasing power. The British Beer and Pub Association (BBPA), in a letter dated Nov. 11 to finance minister Jeremy Hunt, called on the government to bring …
UK pubs call for beer duty freeze ahead of tough Christmas Read More »
By Hannah Lang (Reuters) – Sam Bankman-Fried earned a reputation as savior of the crypto industry when he bailed out two platforms earlier this year. But when FTX, the exchange he co-founded and led until Friday, needed a lifeline, none was forthcoming. Until this week, the 30-year-old American was seen as a darling in digital …
Sam Bankman-Fried’s sudden turn from white knight to washout Read More »
(Reuters) -French defence and technology group Thales said on Friday data relating to the group has been released on the “publication platform” of the hacker group LockBit 3.0, confirming media reports. The data was released on Nov. 10, Thales, which provides advanced technologies in defence, aeronautics, space, transport and digital security, said. “At this stage, …
Thales confirms hackers have released its data on the dark web Read More »
PARIS (Reuters) – An electric helicopter with multiple rotors took its first flight in conventional air traffic near Paris on Thursday as it prepares for commercial flights from 2024. The Volocopter test aircraft, which resembles a large drone with eight rotors, took off with a passenger on board from the Pontoise-Cormeilles airfield outside Paris and …
Drone taxi take first spin in air traffic near Paris Read More »
By Pamela Barbaglia, Oliver Hirt and Michael Shields LONDON/ZURICH (Reuters) -Credit Suisse’s recent decision to exit certain investment banking activities is drawing scrutiny from at least two investors and a proxy adviser who told Reuters they are worried about how the Swiss bank managed potential conflicts of interest of two directors. The move to break …
By Deep Kaushik Vakil and Pratima Desai (Reuters) -The London Metal Exchange (LME) said on Friday it will not ban Russian metal from being traded and stored in its system because a significant portion of the market is still planning to buy the country’s metal in 2023. Russia is a major producer of aluminium and …
By Tim Hepher LONDON (Reuters) -Airbus and Qatar Airways skirmished on Friday over relations with aviation watchdogs and a deluge of confidential documents as legal claims over grounded jets hit $2 billion. Filling a large courtroom in the London High Court, the latest procedural hearing in a high-stakes contractual and safety dispute laboured over the …
Airbus, Qatar Airways clash over regulators, email haul at London hearing Read More »
By Gertrude Chavez-Dreyfuss and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – A week of turmoil culminating in major crypto exchange FTX filing for bankruptcy has left investors questioning the viability of a sector already bruised by the bitcoin bubble bursting and closures of key market players. The collapse of several crypto lenders, including Celsius and Voyager, …
Analysis-FTX meltdown sparks investor rethink of battered crypto market Read More »
By Johann M Cherian and Sruthi Shankar (Reuters) -UK’s export-oriented FTSE 100 fell on Friday, hurt by a stronger sterling after data showed a smaller-than-expected contraction in Britain’s economy, although midcap stocks marked their best week in almost two years. Economic output shrank by 0.2% in the third quarter, less than the 0.5% contraction economists …
FTSE 100 slips, midcaps mark best week in almost two years Read More »
By Samuel Indyk LONDON (Reuters) – Euro zone bond yields were a touch higher on Friday after plunging the day before when U.S. inflation data showed signs of cooling off, supporting the view that the Federal Reserve could slow its tightening pace in December. Germany’s 10-year yield was up 4.5 basis points at 2.051% after …
Euro zone yields edge higher after plunging on U.S. inflation Read More »
