(Corrects headline, 1st paragraph, removes reference to CIB in paragraph 4,5 to show new appointments are for hubs’ overall operations) DUBAI (Reuters) -Standard Chartered has picked new regional heads, according to a person with knowledge of the matter, as the Asia-focused bank undergoes a major management reshuffle in its corporate and investment banking business (CIB) …
LONDON (Reuters) – British supermarket total sales rose by 5.4% year-over-year in the four weeks to March 23 as slowing inflation encouraged shoppers to increase their purchases, industry data showed on Wednesday. The increase was slightly stronger than the 5.3% rise reported a month earlier, market researcher NIQ said. Mike Watkins, NIQ’s UK head of …
UK supermarket sales rise 5.4%, NIQ market researcher says Read More »
(Reuters) -Britain’s largest tile retailer Topps Tiles said on Wednesday subdued demand in the domestic repair and maintenance sector, especially for big-ticket projects, persisted into 2024, with lower volumes impacting its half-year profit. Fortunes of companies such as Topps Tiles are firmly tied to the health of the housing repair, maintenance and improvement (RMI) segment, …
UK’s Topps Tiles flags persistent weak demand in 2024 after lower H1 volumes Read More »
LONDON (Reuters) – British police on Tuesday said three suspects believed to be involved in the stabbing of a journalist working for a Persian language media organisation in London last week left the country within hours of the attack. “Detectives have established the victim was approached by two men in a residential street and attacked. …
UK police say suspects left country hours after stabbing Iranian journalist Read More »
By Paul Sandle LONDON (Reuters) -J.K. Rowling will not face any action under Scotland’s new hate crime law after she challenged it by asserting on social media that a number of transgender women were men, police said on Tuesday. The Harry Potter author, a prominent gender critical campaigner, made the comments on Monday, the day …
J.K. Rowling will not face action under Scottish hate crime laws, police say Read More »
LONDON (Reuters) – Britain on Tuesday summoned the Israeli ambassador over the deaths of aid workers in Gaza, the foreign ministry said. “I set out the Government’s unequivocal condemnation of the appalling killing of seven World Central Kitchen aid workers, including three British Nationals,” Britain’s Minister for Development and Africa, Andrew Mitchell, said. “I requested …
UK summons Israeli ambassador over death of aid workers Read More »
ZURICH (Reuters) -The Swiss National Bank could consider a rotating chairmanship as it seeks a successor to Chairman Thomas Jordan, who will step down from his post later this year, the head of a group which campaigns for accountability at the SNB said on Tuesday. SNB Vice Chairman Martin Schlegel has been floated by Swiss …
Swiss National Bank could consider rotating chairmanship, head of group says Read More »
(Reuters) – International Distributions Services (IDS) named Heathrow executive Emma Gilthorpe as the new CEO of its Royal Mail business on Tuesday. Gilthorpe, currently chief operating officer at Heathrow airport, will join Royal Mail from May 1. Heathrow’s Chief Financial Officer Javier Echave will replace Gilthorpe, the airport operator said. WHY IT’S IMPORTANT Gilthorpe will …
Heathrow’s Gilthorpe to become new Royal Mail CEO Read More »
By Harry Robertson LONDON (Reuters) – The pound rose on Tuesday after data showed Britain’s manufacturing sector expanded in March and mortgage approvals rose in February. Sterling was last up 0.14% at $1.2566, after falling 0.58% on Monday as the dollar rose on the back of strong U.S. economic data. The euro was down 0.18% …
(Reuters) -England all-rounder Ben Stokes has opted out of selection for this year’s Twenty20 World Cup to focus on regaining his fitness ahead of the summer’s test fixtures, the country’s cricket board (ECB) said in a statement on Tuesday. England are the defending T20 World Cup champions, having claimed their second title in 2022 in …
Cricket-All-rounder Stokes opts out of England’s Twenty20 World Cup title defence Read More »
