By Purvi Agarwal and Shubham Batra (Reuters) -London stocks rounded the week off with heavy losses amid a global risk-off mood after a weak U.S. jobs report spurred worries on the health of the American economy, while losses in commodity-linked stocks added to the downbeat sentiment. The blue-chip FTSE 100 index was down 1.3%, while …
London’s FTSE 100 falls over 1% amid global stock slump Read More »
By Pietro Lombardi MADRID (Reuters) – Utility Iberdrola has agreed to buy a majority stake in British power network Electricity North West (ENWL) in a deal valuing the company at roughly 5 billion euros ($5.4 billion) and would boost the Spanish group’s operations in Britain. Iberdrola said on Friday it would buy 88% of ENWL …
Iberdrola to buy Britain’s ENWL in $5.4 billion deal Read More »
By Catarina Demony LONDON (Reuters) – The Church of England’s spiritual head urged governments on Friday to respect the findings of the United Nations top court that Israel’s occupation of Palestinian territories is illegal, saying the law should not be upheld in a “selective manner”. The International Court of Justice (ICJ), known as the World …
Archbishop of Canterbury urges nations to respect ICJ opinion on Israeli occupation Read More »
By Alistair Smout and Nick Vant LONDON (Reuters) – British Prime Minister Keir Starmer warned social media companies that they must uphold laws that prohibit the incitement of violence online after misinformation around a fatal mass stabbing earlier in the week sparked violent scenes. A 17-year-old boy appeared in an English court on Thursday charged …
PM Starmer warns social media firms after Southport misinformation fuels UK riots Read More »
By Philip O’Connor PARIS (Reuters) – The agony of missing out on a podium place in Tokyo by one-hundredth of a second was finally washed away for the British lightweight sculls pair of Imogen Grant and Emily Craig on Friday as they won the gold medal in dominant fashion. The victory was sweetened by the …
Olympics-Tokyo pain dissolves into Paris glory for British lightweight pair Read More »
By Gabrielle Tétrault-Farber PARIS (Reuters) -Britain’s Bryony Page claimed gold in the women’s trampoline at the Paris Games on Friday in an nerve-wracking final at the Bercy Arena on her third Olympic medal-winning appearance. Viyaleta Bardzilouskaya, a Belarusian competing as an individual neutral athlete, clinched silver, while Canada’s Sophiane Methot took bronze. The 33-year-old Page, …
Olympics-Trampoline-Britain’s Page wins long-awaited gold in women’s trampoline Read More »
LONDON (Reuters) -Bank of England Chief Economist Huw Pill said on Friday that the fight against high inflation was not won and there was no guarantee that interest rates would fall again soon. “I think we can’t be complacent, we can’t declare ‘job done’ because there are some sort of dynamics in the UK economy, …
BoE’s Pill says job not done on inflation, rates might not fall again soon Read More »
By Aby Jose Koilparambil (Reuters) -British outsourcing group Capita on Friday forecast annual adjusted revenue will decline by low to mid-single digit percentage, partly hurt by its plan to move away from smaller-margin contracts, sending its shares sharply lower. Shares in the company fell as much as 11% in early trading, and the stock was …
UK outsourcing firm Capita forecasts annual revenue decline; shares fall Read More »
By Huw Jones LONDON (Reuters) – British pensions, investment and life insurance company Royal London said on Friday it was finalising preparations to enter within months the ‘bulk annuity’ or pensions insurance market, a fast-growing sector attracting more regulatory scrutiny. Royal London reported that first half group operating profit rose to 144 million pounds ($183.36 …
Royal London prepares to enter bulk annuity market Read More »
(Reuters) – British product testing firm Intertek on Friday reported a 14.2% jump in half year profit, helped by higher demand and pricing. The company, which provides assurance, testing, inspection and certification services, reported adjusted operating profit of 265.1 million pounds ($337.66 million) for the six months ended June, compared with 245.4 million pounds a …
UK’s Intertek reports 14% jump in first half profit Read More »
