LONDON (Reuters) – Britain’s defence ministry on Friday said it would install lasers on warships designed to cheaply shoot down drones from 2027, five years earlier than previously expected, under reforms designed to speed up the deployment of new technology. WHY IT IS IMPORTANT Britain’s Ministry of Defence (MOD) said that the lasers could fire …
Britain to equip ships with lasers to take down drones from 2027 Read More »
(Corrects spelling to Coby from Cory, paragraph 15) LONDON (Reuters) – The Lloyd’s of London insurance market’s environmental, social and governance standards are weak, as its members have exposure to fossil fuel projects and weapons, non-profit ShareAction said in a report on Thursday. Lloyd’s community of more than 50 members collectively forms one of the …
Lloyd’s of London inadequate on ESG, report says Read More »
LONDON (Reuters) – The pound dropped to a four-month low against the dollar on Thursday, still under pressure after the higher-than-expected U.S. inflation print the day before, but gained on the euro which was soft after the European Central Bank meeting. The pound was down 0.17% on the dollar at $1.2516, its lowest since mid …
Pound falls to lowest since December as dollar stays strong Read More »
(Reuters) – The European parliament on Thursday voted for proposals to make electricity prices less dependent on fossil fuel prices, in a bid to boost renewable energy and shield consumers from price spikes. The new rules seek to shift to longer term, fixed-price contracts to protect consumers from volatile energy markets. They also aim to …
EU parliament adopts proposals for power market reform Read More »
(Reuters) – The European Central Bank kept borrowing costs at record highs on Thursday but sent a clear signal that it may be preparing to cut them as euro zone inflation continues to fall. Following are highlights of ECB President Christine Lagarde’s comments at a news conference after the policy meeting. BUMPY INFLATION ROAD “We …
MILAN (Reuters) – Activist investor Bluebell Capital Partners is proposing an outgoing Google executive as candidate for the role of CEO of Telecom Italia (TIM), in a challenge to Pietro Labriola’s bid for a second term. In a document presenting Bluebell’s vision for TIM, seen by Reuters, it named Laurence Lafont, the outgoing vice-president for …
Activist Bluebell proposes Google executive as Telecom Italia CEO Read More »
STOCKHOLM (Reuters) – If Sweden’s inflation outlook does not deteriorate, the main threat to a May interest rate cut will come from the postponement of rate-cutting plans by other central banks, Riksbank Deputy Governor Per Jansson said on Thursday. Data on Wednesday showed consumer prices in the United States increased more than expected in March, …
Fed, ECB plans could pose risk to Swedish May rate cut, Riksbank’s Jansson says Read More »
By Jennifer Rigby LONDON (Reuters) -Medical evidence underlying gender care for adolescents is “remarkably weak” and provides little clarity on long-term outcomes, according to an in-depth review of care commissioned by England’s state-funded National Health Service. Gender care can include anything from counselling to medications related to gender issues, including drugs that can pause puberty. …
Evidence around youth gender care ‘remarkably weak’, says major English review Read More »
LONDON (Reuters) – Britain on Thursday suspended import duties on more than 100 items, including car parts and fruit juice, until June 2026, responding to industry demand as ministers seek to help domestic firms keep a lid on costs. The government said it would implement 126 new tariff suspensions on goods which aren’t produced in …
Britain suspends import duties on over 100 items Read More »
LONDON (Reuters) – Britain’s housing market last month saw the strongest levels of interest among buyers in more than two years and a gauge of house prices also touched its highest since 2022 as a recovery gathered more momentum, a survey showed on Thursday. The figures from the Royal Institution of Chartered Surveyors added to …
UK housing market recovery gains more ground, RICS survey shows Read More »
