LONDON (Reuters) – Prime Minister Boris Johnson’s government will ban Huawei from Britain’s 5G network by ordering telecoms companies to remove its equipment by 2027, Media Secretary Oliver Dowden said on Tuesday. Operators will not be able to purchase 5G comp... More »
BRUSSELS (Reuters) – Euro zone industrial production rose in May, official estimates showed on Tuesday, but the recovery from lockdown-induced record declines March and April was lower than expected and far from offsetting past drops. Manufacturing output in t... More »
NEW DELHI/THIRUVANANTHAPURAM (Reuters) – India’s Supreme Court on Monday upheld the right of a former royal dynasty to run the Sri Padmanabhaswamy Temple, one of the world’s richest places of worship, after the state government tried to take it over when the f... More »
NEW YORK (Reuters) – World equity benchmarks hit a five-month peak and perceived safe -havens such as the dollar and U.S. government bonds dipped on Monday as investors turned to second-quarter earnings for signs that corporate profits will recover from the ec... More »
LONDON (Reuters) – Prime Minister Boris Johnson is set to ban Huawei from Britain’s 5G network in a landmark decision that will anger Beijing but win plaudits from President Donald Trump as the United States grapples with China’s rising economic and technologi... More »
PARIS (Reuters) – France’s government on Monday started restricting Chinese airlines to one passenger flight to France per week, saying it was acting in response to restrictions imposed by Beijing on French carriers flying to China. “From July 13, Chinese comp... More »
MOSCOW (Reuters) – A Russian institute developing one of the country’s potential coronavirus vaccines hopes to start its final stage testing in a small section of the general public in mid-August, the RIA news agency cited the institute’s director as saying on... More »
ZURICH (Reuters) – Lonza Group said on Monday that China’s Junshi Biosciences has licensed the Swiss contract drug manufacturer’s technology to help produce a neutralizing antibody against COVID-19. Lonza said Junshi’s first neutralizing antibody against the n... More »
LONDON (Reuters) – Oil prices fell on Monday on a record daily rise in global coronavirus cases, with big spikes in infections over the weekend in the United States, while traders await an OPEC meeting expected to recommend an easing of supply cuts. Brent crud... More »
MOSCOW (Reuters) – Russia charged former military journalist Ivan Safronov with state treason on Monday, his lawyer said, accusations that have sent a chill through Russia’s media community which has protested over what it says is his unfair treatment. Securit... More »
FRANKFURT (Reuters) – The German economy is rebounding from a pandemic-induced slump after hitting bottom last month, a real-time indicator developed by the country’s central bank showed on Monday. Launched in the wake of coronavirus outbreak, the Bundesbank’s... More »
BERLIN (Reuters) – Very few of 2,000 school children and teachers tested in the German state of Saxony showed antibodies to COVID-19, a study found on Monday, suggesting schools may not play as big a role in spreading the virus as some had feared. Germany bega... More »
BRUSSELS (Reuters) – Europe’s top court will on Thursday rule on the legality of tools companies use to transfer Europeans’ data around the world, in the latest clash between Facebook and Austrian privacy activist Max Schrems. If the court finds the mechanisms... More »
BARCELONA/LLEIDA (Reuters) – The leader of the Spanish region of Catalonia called on residents of an area that has seen a surge in coronavirus cases to stay at home, despite a ruling by a judge who threw out a mandatory lockdown order for the district of 160,0... More »
TUNIS (Reuters) – Tunisia has asked four countries to delay debt repayments, it said on Monday as it announced more pessimistic economic and budget forecasts for 2020 because of the coronavirus pandemic. It is negotiating with Saudi Arabia, Qatar, France and I... More »
PARIS (Reuters) – Ubisoft (UBIP.PA) shares dropped 9% on Monday after the French video games group said over the weekend that three senior managers were leaving the company following a review into allegations of inappropriate behaviour. Ubisoft, which makes ga... More »
LONDON (Reuters) – British minister Oliver Dowden will make a statement to parliament on Huawei some time after 1130 GMT on Tuesday, the opposition Labour Party said on Twitter. Britain is set to ban Huawei from Britain’s 5G network in a landmark decision that... More »
LONDON (Reuters) – Movie star Johnny Depp on Monday concluded giving evidence in his libel action against Britain’s Sun newspaper after five days in the witness box, again rejecting accusations he had hit his ex-wife Amber Heard and accusing her of using viole... More »
MANCHESTER, England (Reuters) – After UEFA’s attempt to ban Manchester City from European football was overturned by sport’s highest court on Monday, the continental governing body’s Financial Fair Play (FFP) system, under which they were charged, faces likely... More »
LONDON (Reuters) – Britain will place a “huge priority” on national security when considering Chinese telecoms firm Huawei’s role in the country’s 5G network, justice minister Robert Buckland said on Monday. “National security comes first … and I know that the... More »
LONDON (Reuters) – Racing Point accused Formula One rivals Renault on Monday of making a “misconceived and poorly informed” protest against them at the Styrian Grand Prix and said they were confident of winning. Stewards said on Sunday that the protest was adm... More »
(Reuters) – Six times Formula One world champion Lewis Hamilton praised his Mercedes team for taking a stance against racism but said after winning Sunday’s Styrian Grand Prix that Ferrari and others should do more. The Briton took a knee with 11 drivers befor... More »
LONDON (Reuters) – UK Sport said it does not fund research projects aimed at giving athletes a performance advantage at the expense of their health, after the Mail on Sunday reported that it backed an experimental nutritional programme at the 2012 London Olymp... More »
(Reuters) – China’s Huawei Technologies has requested a meeting with UK Prime Minister Boris Johnson to work out a deal to delay its potential removal from the country’s 5G phone network, the Sunday Times newspaper reported on Sunday. The Chinese telecoms equi... More »
WASHINGTON (Reuters) – President Donald Trump commuted the sentence of his longtime friend and adviser Roger Stone, sparing him from prison after he was convicted of lying under oath to lawmakers investigating Russian interference in the 2016 U.S. election. Tr... More »
(Reuters) – U.S. President Donald Trump’s planned executive order on immigration will not include amnesty for migrants who are in the United States illegally but arrived in the country as children, a White House spokesman said on Friday. “This does not include... More »
(Reuters) – The Badminton World Federation (BWF) are seeking more information from China about its decision to cancel all international sport in the country this year before they make a decision on the season-ending World Tour Finals. The World Tour Finals, sc... More »
CHICAGO (Reuters) – The coronavirus pandemic has exposed a clash among medical experts over disease transmission that stretches back nearly a century – to the very origins of germ theory. The Geneva-based World Health Organization acknowledged this week that t... More »
BOSTON (Reuters) – Starting a hedge fund with more capital and scoring top first-year returns point to higher chances of survival in the often risky business, Goldman Sachs Group Inc said in research released on Friday. Goldman, which has helped launch and fin... More »
(Reuters) – The following is a brief roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus. Tuberculosis vaccine may limit COVID-19 deaths A tuberculo... More »
ISTANBUL (Reuters) – A Turkish court on Friday annulled a 1934 government decree that had turned Istanbul’s Hagia Sophia into a museum, opening the way for the sixth-century building to be converted back into a mosque. President Tayyip Erdogan, whose ruling AK... More »
PARIS (Reuters) – UNESCO must be notified of any change in the status of Istanbul’s sixth-century Hagia Sophia museum and the changes may have to be reviewed by its World Heritage committee, the United Nation’s cultural body said on Thursday. Turkey’s top admi... More »
LONDON (Reuters) – With Britain’s coronavirus lockdown eased, sculptor Anish Kapoor can finally exhibit his work at Houghton Hall, one of the country’s best-known stately homes. Kapoor’s exhibition of 24 sculptures was due go on show thoughout the grounds and ... More »
PARIS (Reuters) – France will back Spanish Economy Minister Nadia Calvino for the presidency of the Eurogroup of euro zone finance ministers, French Finance Minister Bruno Le Maire said on Thursday, a stance echoed by France’s Foreign Minister Jean-Yves Le Dri... More »
AMSTERDAM (Reuters) – Euro zone bond yields held their ground on Thursday with investors’ main focus expected to be any new developments on the European Union’s recovery fund, which aims to help the region’s economy recover from the coronavirus crisis. Hopes a... More »
LONDON (Reuters) – Scientists warned on Wednesday of a potential wave of coronavirus-related brain damage as new evidence suggested COVID-19 can lead to severe neurological complications, including inflammation, psychosis and delirium. A study by researchers a... More »
(Reuters) – The following is a brief roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus. Coronavirus tricks the body into attacking the brain Numer... More »
FRANKFURT (Reuters) – German drugmaker Merck said on Wednesday it had agreed to supply its potential COVID-19 drug Rebif to European Union countries should orders be placed for the treatment. The comment followed a Reuters report earlier on Wednesday about a d... More »
WASHINGTON (Reuters) – The U.S. Consumer Financial Protection Bureau on Tuesday issued its long-awaited payday lending measure that rescinds an Obama-era proposal requiring lenders first ensure a borrower is able to repay them. Consumer advocates blasted the m... More »
(Reuters) – European shares fell on Tuesday as surging U.S. coronavirus cases and forecasts for a deeper-than-feared recession in the euro zone dimmed optimism around a post-pandemic rebound. The pan-European STOXX 600 index slipped 0.6%, falling back from a n... More »
BRUSSELS (Reuters) – The euro zone economy will drop deeper into recession this year and rebound less steeply in 2021 than previously thought, the European Commission forecast on Tuesday, with France, Italy and Spain struggling the most due to the COVID-19 pan... More »
ROME (Reuters) – The Italian government approved a package of measures on Tuesday aimed at cutting the complicated red tape that has long been blamed for crimping growth in the euro zone’s third-largest economy. The “simplification decree,” approved after week... More »
(Reuters) – The following is a brief roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus. Study may explain severity of COVID-19 in high-risk groups... More »
LONDON (Reuters) – PwC, Deloitte, KPMG and EY should ring fence auditing in Britain as a separate business by June 2024, their regulator said on Monday in one of the most sweeping changes to the sector globally to improve audit quality. Corporate failures at b... More »
(Reuters) – Lloyds Banking Group (LLOY.L) Chief Executive António Horta-Osório said on Monday he would step down next year after nearly a decade at the helm of Britain’s biggest domestic bank. While his departure had been expected, it leaves Lloyds with the ta... More »
LONDON (Reuters) – British new car registrations fell by an annual 35% in June, the smallest drop since February, as many dealerships reopened after coronavirus lockdown measures were lifted. A total of 145,377 new cars were registered in June, leaving year-to... More »
ROME (Reuters) – Ennio Morricone, the Italian composer whose haunting scores to Spaghetti Westerns like “A Fistful of Dollars” and “The Good, the Bad and the Ugly” helped define a cinematic era, has died, his lawyer said on Monday. He was 91. Morricone had bro... More »
PARIS (Reuters) – Several dozen Paris tour guides wearing masks and holding Mona Lisa portraits protested outside the Louvre museum on Monday for more support from the government to help them ride out the coronavirus crisis and a dearth of tourists. They gathe... More »
LONDON (Reuters) – Global stock markets rallied to four-week highs on Monday as investors counted on a revival in Chinese activity to boost global growth, even as surging coronavirus cases delayed business re-openings across the United States. MSCI’s All-Count... More »
LONDON (Reuters) – Britain’s decision to allow China’s Huawei to play a limited role in building its 5G network is not “fixed in stone” and is being reviewed following the imposition of U.S. sanctions, culture minister Oliver Dowden said on Monday. Britain gra... More »
LONDON (Reuters) – British finance minister Rishi Sunak will try to restart the country’s economy by giving homebuyers a tax break and cutting value-added tax for pubs, restaurants and other hospitality firms, The Times newspaper reported. Sunak is due to anno... More »
LONDON (Reuters) – Elton John on Monday became the second artist to be honoured by Britain’s Royal Mint with a commemorative coin paying tribute to the decorated British singer-songwriter. The coin, designed by artist Bradley Morgan Johnson, depicts John’s dis... More »
LONDON (Reuters) – Britain will invest nearly $2 billion in the arts and hopes to allow outdoor and socially distanced performances at cultural venues as it tries to help a high-profile sector hit hard by the coronavirus. Spanning theatres in London’s West End... More »
LONDON (Reuters) – Britain hopes to permit outdoor and socially distanced performances at cultural venues, minister Oliver Dowden said on Monday, after announcing a nearly $2 billion investment in the arts. “I want all our cultural institutions to return to no... More »
ROME – Ennio Morricone, whose scores for movies such as “The Good, the Bad and the Ugly”, “The Mission” and “Cinema Paradiso” made him one of the world’s most famous and prolific screen composers, has died, ANSA news agency said on Monday. He was 91. ANSA said... More »
MOSCOW (Reuters) – Russia’s official coronavirus case tally, the fourth largest in the world, rose to 687,862 on Monday after officials reported 6,611 new infections in the last 24 hours. Authorities also said 135 people had died overnight, bringing Russia’s o... More »
BERLIN (Reuters) – Orders for German industrial goods rose by 10.4% in May, rebounding from their biggest drop since records began in 1991 the previous month, data showed on Monday, as demand picked up after lockdown measures to fight the coronavirus were lift... More »
LONDON (Reuters) – Aviva (AV.L) CEO Maurice Tulloch is stepping down with immediate effect for family health reasons, the UK insurer said on Monday, naming independent director and former Zurich Insurance executive Amanda Blanc as his replacement. It’s the sec... More »
LONDON/BERLIN/MILAN (Reuters) – It’s tough to do any useful work when you’re stuck at home, struggling to home-school bickering kids, let alone when you’re trying to produce a COVID-19 vaccine. British drugmaker AstraZeneca (AZN.L) had spent years preparing fo... More »
MUMBAI (Reuters) – French Open organizers are taking every precaution to ensure the Grand Slam does not meet the same fate as Novak Djokovic’s Adria Tour, which was abandoned after several players tested positive for COVID-19, tournament director Guy Forget ha... More »
BERLIN (Reuters) – Around one fifth of German companies (21%) believe their survival is threatened by the coronavirus crisis, Germany’s Ifo institute said on Monday, with travel agents, hotels and restaurants particularly concerned. “We could see a wave of ins... More »
BERLIN, Jul 06 (Reuters) – The number of confirmed coronavirus cases in Germany increased by 219 to 196,554, data from the Robert Koch Institute (RKI) for infectious diseases showed on Monday. The reported death toll rose by 4 to 9,016, the tally showed. Sourc... More »
(Reuters) – Ride-sharing company Uber Technologies Inc has agreed on a deal to buy food-delivery app Postmates Inc in a $2.65 billion all-stock agreement, Bloomberg News reported bloom.bg/2Z0TVcd late Sunday, citing people familiar with the matter. The deal ha... More »
(Reuters) – A bulked-up Bryson DeChambeau, who has been knocking on the door since the PGA Tour’s return from a COVID-19 hiatus, finally blew it open as he cruised to victory at the Rocket Mortgage Classic in Detroit on Sunday. World number 10 DeChambeau, who ... More »
PARIS (Reuters) – The head of the French cybersecurity agency ANSSI said there would not be a total ban on using equipment from Huawei in the rollout of the French 5G telecoms network, but that it was pushing French telcos to avoid switching to the Chinese com... More »
LONDON (Reuters) – China’s Huawei has clear conditions to meet for Britain to continue to allow its involvement in the development of 5G telecoms infrastructure, Britain’s health minister said on Sunday, after a report that the firm would be banned from the pr... More »
(Reuters) – A rocket from small-satellite launch firm Rocket Lab failed to reach orbit minutes after a successful liftoff from New Zealand on Saturday, the company said, losing its payload of seven small satellites it had intended to carry to space. “An issue ... More »
PRAGUE (Reuters) – A Czech film festival disrupted by the COVID-19 pandemic unveiled a scaled-down programme of movies on Friday with an opening ceremony in an empty auditorium and a star-free red carpet. The Karlovy Vary International Film Festival, central a... More »
AMSTERDAM (Reuters) – The risk of a deeper economic euro zone recession than predicted in the European Central Bank’s (ECB) baseline scenario has diminished, ECB governing council member Klaas Knot said on Friday. “Recent data solidifies the confidence in our ... More »
LOS ANGELES (Reuters) – Two of the biggest Harry Potter fan sites on Thursday distanced themselves from author J.K. Rowling because of her beliefs on transgender issues, calling them at odds with the message of empowerment in her best-selling books. Websites T... More »
ROME (Reuters) – Italy’s Uffizi gallery said on Thursday it was planning to pick out nine of its masterpieces for a project to highlight the part that Black people and culture played in the Renaissance. Under the “Black Presence” initiative, images of works in... More »
(Reuters) – The following is a brief roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus. Low oxygen levels may be due to blood cell damage Damage d... More »
LONDON/PARIS (Reuters) – Sixteen banks from Germany, France and three other euro zone countries on Thursday said a “truly European” payments system was expected to be up and running in 2022 to fully digitalise a region where half of all retail payments are sti... More »
WASHINGTON (Reuters) – A rocky planet 39 times as massive as Earth has been spotted orbiting a distant star at breakneck speed, with astronomers concluding it may be the surviving core of a planet once perhaps larger than Jupiter that was stripped of its gaseo... More »
KOBLENZ, Germany (Reuters) – Forty-nine faceless figures stand on the lawn outside a German courthouse, facing the windows of a courtroom behind which two suspected members of Syrian President Bashar al-Assad’s security services are standing trial for torture ... More »
FRANKFURT (Reuters) – The European Central Bank is lowering the bar for bank mergers in the euro zone, hoping to encourage an elusive wave of consolidation in a sector plagued by low profits and unresolved issues inherited from the last financial crisis. In a ... More »
ISTANBUL (Reuters) – Thousands of Turkish lawyers protested outside Istanbul’s main courthouse on Tuesday against a government plan to reform bar associations, saying it aims to silence dissent and will lead to politicization of their profession. Under a draft... More »
LONDON (Reuters) – A study of coronavirus infections that covered almost everyone in the quarantined north Italian town of Vò found that 40% of cases showed no symptoms – suggesting that asymptomatic cases are important in the spread of the pandemic. The study... More »
ATHENS (Reuters) – Greece’s National Bank (NBG) has hired Morgan Stanley as an adviser ahead of a planned sale of more than 6.0 billion euros ($6.73 billion) of non-performing credit, part of its balance sheet clean-up efforts, bankers close to the transaction... More »
VIENNA (Reuters) – An Austrian lawyer has filed a criminal complaint against Wirecard’s (WDIG.DE) former Chief Executive Markus Braun and Chief Operating Officer Jan Marsalek at a court in Vienna, accusing them of market manipulation and serious fraud. The Vie... More »
LONDON (Reuters) – McLaren’s Formula One future was never in doubt despite a cash crisis brought on by the COVID-19 pandemic and now resolved by a fresh injection of funds, team principal Andreas Seidl said on Tuesday. The National Bank of Bahrain announced on... More »
LONDON (Reuters) – Britain urgently needs to see the legislation China passed regarding Hong Kong to determine whether it has breached the joint declaration and then will set out its next steps, a spokesman for Prime Minister Boris Johnson said on Tuesday. “De... More »
NEW YORK/LONDON (Reuters) – Funds that rode the market’s rally to generate the highest second-quarter returns included those invested in assets such as mining stocks, energy and technology. Global financial markets staged an impressive rebound in the second qu... More »
TOULOUSE, France (Reuters) – French company Sogeclair Aerospace (SCLR.PA) said on Tuesday that it was eyeing up to 245 job cuts in France, as the country’s aerospace sector reels from the hits to business caused by the coronavirus crisis. A spokesman said the ... More »
LONDON (Reuters) – British low-cost airline easyJet (EZJ.L) said in a regulatory filing on Tuesday that the Haji-Ioannou family now hold under 30% of the company. Stelios Haji-Ioannou founded easyJet, and along with family members remains its biggest sharehold... More »
PARIS (Reuters) – Air France (AIRF.PA) wants to cut more than 7,500 job positions between now and 2022, reported BFM TV and Agence France Presse on Wednesday, citing trade union sources. Air France is preparing voluntary layoffs in response to the coronavirus ... More »
LONDON (Reuters) – The number of people in Britain buying cryptoassets like bitcoin BTC=BTSP and ether has more than doubled over the past year, but many are still unaware they have no protection against mis-selling, the Financial Conduct Authority said on Tue... More »
LONDON (Reuters) – Oil prices slipped on Tuesday amid rising COVID-19 cases and a possible return of Libyan oil production, which has been down to a trickle since the start of the year. The more-active September contract for Brent LCOc2 fell 37 cents, or 0.88%... More »
LONDON (Reuters) – A fresh batch of grim economic data kept the euro and the pound under pressure on Tuesday as sentiment faltered amid fears new COVID-19 hot spots across the world might jeopardise the swift recovery from the pandemic investors are hoping for... More »
LEICESTER, England (Reuters) – Britain has imposed a stringent lockdown on the English city of Leicester following a local flare-up of the novel coronavirus, overshadowing Prime Minister Boris Johnson’s attempts to nudge the country back to normality. The Unit... More »
(Reuters) – Nick Kyrgios and Boris Becker traded insults on social media on Tuesday following the Australian’s criticism of Alexander Zverev after a video appeared to show the German dancing in a crowded club despite the COVID-19 pandemic. The video was posted... More »
LONDON (Reuters) – European shares picked up on Tuesday after a weak start, extending the optimism of the Asian session, and oil prices steadied as investors looked for signs of an economic recovery in the second half of 2020. The MSCI world equity index, whic... More »
LONDON (Reuters) – Russian Sergey Sirotkin will be on standby in Austria this weekend after Renault announced on Tuesday they had retained him as their Formula One reserve driver. The role has come into the spotlight more as the sport finally starts its season... More »
LONDON (Reuters) – Prime Minister Boris Johnson said on Tuesday that Britain needed to protect its critical national infrastructure from “hostile state vendors” when deciding what role China’s Huawei should play in the country’s 5G network. Britain is taking a... More »
LONDON (Reuters) – More joined up rules may be needed across the payments sector after the collapse of Germany’s Wirecard AG, Bank for International Settlements president Augustin Carstens said. Wirecard’s demise has thrown a spotlight on payments, which is on... More »
TEL AVIV/ZURICH (Reuters) – Israeli start-up Redefine Meat plans to launch 3D printers to produce plant-based steaks mimicking real beef next year in a bid for a slice of the fast-growing alternative meat market. Meat substitutes are increasingly popular with ... More »
FRANKFURT (Reuters) – German regulators twice looked into tightening the supervision of collapsed payments firm Wirecard and discussed it with the German and European central banks but no action was taken, a person with direct knowledge of the talks told Reute... More »
OAKLAND, Calif. (Reuters) – Alphabet Inc’s (GOOGL.O) Google upended plans by European media companies to block it from harvesting data about their readers and slash some of its dominance in online advertising, seven people involved in the talks said this month... More »
LONDON (Reuters) – Cineworld (CINE.L) on Tuesday delayed the reopening of its cinemas in the United States and Britain until the end of July, citing changes to the release schedules for some of the big summer movies. The UK-based company had previously expecte... More »
WELLINGTON (Reuters) – Team New Zealand have blamed “informants” for spreading “highly defamatory and inaccurate” allegations about the body organising their America’s Cup defence, triggering government questions over “financial and structural matters”. The te... More »
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