By Brenna Hughes Neghaiwi ZURICH (Reuters) – Credit Suisse warned on Wednesday of a likely second-quarter loss as volatility hit its investment bank, the third quarter in a row for which Switzerland’s second-largest bank has issued a profit warning. The bank has described 2022 as a “transition” year in which it is trying to turn …
Credit Suisse flags Q2 loss in latest in string of profit warnings Read More »
LONDON (Reuters) -The annual pace of house price increases in Britain slowed in May for a third month in a row and a further cooling of demand is likely as households struggle with high inflation, mortgage lender Halifax said on Wednesday. Prices rose by 10.5% compared with May last year, down from April’s 10.8% increase …
UK annual house prices slow for 3rd month in a row – Halifax Read More »
LONDON (Reuters) – British industrial software company Aveva Group said key markets such as energy, power, shipbuilding and infrastructure were showing positive trends as it reported a 7.1% rise in full-year pro-forma revenue to 1.24 billion pounds ($1.55 billion). The group, however, reiterated its warning that revenue growth would be lower this year on an …
UK’s Aveva sees positive trends in energy and other markets Read More »
(Reuters) – Berkeley Group Holdings Plc on Wednesday announced its plans to appoint Michael Dobson as the British housebuilder’s next chairman, who is likely to take up the non-executive role following the company’s annual meeting in September. Former Schroders Plc chairman Dobson replaces Glyn Barker, who was appointed to the key role in July 2020 …
UK’s Berkeley Group to appoint Michael Dobson as next chairman Read More »
By Gabriel Stargardter RIO DE JANEIRO (Reuters) -Brazilian police have opened a criminal probe and interviewed at least four witnesses believed to be among the last to have seen a British journalist and an indigenous expert who went missing in a remote and lawless part of the Amazon jungle on Sunday. Guilherme Torres, the head …
Brazilian police open criminal probe amid search for British journalist Read More »
LONDON (Reuters) – Britain’s advertising regulator has banned six adverts for Tesco’s plant-based products, saying the supermarket group’s claims regarding their positive benefits to the planet had not been substantiated and were likely to mislead. The Advertising Standards Authority (ASA) said on Wednesday it received 171 complaints over ads for Tesco’s Plant Chef range that …
Britain’s Tesco rapped by watchdog over plant-based products ads Read More »
LONDON (Reuters) – Williams have been fined $25,000 for breaching Formula One’s cost cap regulations by missing a deadline to file the team’s 2021 accounts, the governing FIA said on Tuesday. It said an ‘accepted breach agreement’ dated May 19, 2022 was entered into by the FIA and Williams Grand Prix Engineering Limited. Williams were …
Motor racing-Williams fined for ‘procedural breach’ of F1 cost cap rules Read More »
MUNICH (Reuters) -England were spared a second successive Nations League defeat as Harry Kane’s 50th goal for his country, a coolly-taken late penalty, salvaged a 1-1 draw away to Germany on Tuesday. Germany deservedly led through Jonas Hofmann’s 50th-minute effort but were unable to finish England off and Kane levelled in the 88th minute after …
Soccer-Kane penalty earns England draw in Germany Read More »
PARIS (Reuters) – French President Emmanuel Macron on Tuesday congratulated Prince Charles on the ceremonies held for Queen Elizabeth’s jubilee, in a phone call in which the heir to the British throne and the French leader also discussed the war in Ukraine, Macron’s office said. Prince Charles expressed the royal family’s gratitude for “the deep …
Prince Charles, France’s Macron discussed jubilee, Ukraine in phone call Read More »
RIO DE JANEIRO (Reuters) – Brazilian police have opened a criminal probe and interviewed at least four witnesses believed to be among the last to have seen a British journalist and an indigenous expert who went missing in a remote and lawless part of the Amazon jungle on Sunday. Guilherme Torres, the head of the …
Brazil police open criminal probe into missing British journalist, officer says Read More »
