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 »
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 »
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 »
(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 »
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 »
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 »
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 »
(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 »
(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 »
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 »
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 »
(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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
LOS ANGELES (Reuters) – Los Angeles Mayor Eric Garcetti on Monday announced he was taking a “hard pause” on when movie theaters in the city can reopen, citing an increase in coronavirus cases. Los Angeles County is the biggest movie theater market in the Unite... More »
LONDON (Reuters) – Soundtracks from the golden age of Italian cinema are to be made available to a new generation of music and film lovers under a new partnership between Universal Music Group (UMG) and Sugar, Italy’s leading independent label. More than 2,000... More »
LONDON/GENEVA (Reuters) – Pine trees are bursting into flames. Boggy peatlands are tinderbox dry. And towns in northern Russia are sweltering under conditions more typical of the tropics. Reports of record-breaking Arctic heat – registered at more than 100 Fah... More »
WASHINGTON (Reuters) – A powerfully built relative of modern wombats that was the size of a black bear roamed Australia’s woodlands about 25 million years ago, possessing shovel-shaped hands and strong forelimbs indicating it was an adept digger, scientists sa... More »
LONDON (Reuters) – Famed for snapping up glitzy real estate and stakes in troubled international banks during the global financial crisis, sovereign wealth funds are investing more at home, a trend set to accelerate in the wake of the economic carnage wrought ... More »
LONDON (Reuters) – BlackRock’s Investment Institute said on Tuesday it was “warming up” to European assets following what it called the eurozone’s “impressive” efforts to tackle the coronavirus. The research arm of the world’s biggest fund manager said two fac... More »
LONDON (Reuters) – Nikhil Rathi, head of the London Stock Exchange’s UK division, has been appointed chief executive of the Financial Conduct Authority (FCA), Britain’s finance ministry said on Monday. Rathi, a former finance ministry official, will play a key... More »
READING, England (Reuters) – The English town of Reading held a minute’s silence on Monday for the victims of a stabbing that killed three people including an American in the latest terrorism-linked attack. Three people were also hospitalised after a man wield... More »
LONDON (Reuters) – British industrial output recorded its biggest quarterly fall on record during the three months to June as COVID-19 heavily disrupted operations, and a further decline is likely in the months to come, a survey showed on Monday. The Confedera... More »
LONDON (Reuters) – Oil prices were steady on Monday, supported by tighter supplies from major producers but held in check by concerns over a record rise in global coronavirus infections that could stall a recovery in fuel demand. Brent crude LCOc1 rose 5 cents... More »
LONDON (Reuters) – International music and film stars will headline a globally televised and streamed fundraising concert on Saturday to help fight COVID-19 as part of a joint initiative by the advocacy group Global Citizen and the European Commission. The ini... More »
READING, England (Reuters) – The man who went on a stabbing spree in the British town of Reading was acting alone, interior minister Priti Patel said on Monday. “This is a tragic, tragic event,” Patel said. She did not comment on whether the arrested man was L... More »
(Reuters) – Manager Pep Guardiola says Manchester City “have ideas” for improving the side in the transfer market and will be ready to halt Liverpool’s bid for back-to-back Premier League titles. Liverpool need five points to be sure of their first English lea... More »
(Reuters) – AMC Entertainment Holdings Inc said Friday it will require guests to wear face masks at all of its U.S. movie theaters when they reopen in July, a reversal of a policy from a day earlier that prompted a swift backlash. Regal Cinemas, owned by Cinew... More »
LONDON (Reuters) – There won’t be any moshing going on, but entertainment company Live Nation Entertainment are rolling out a series of gigs across the UK where fans can be together to get their fix of live events from the safety of their own designated area. ... More »
LOS ANGELES (Reuters) – “American Idol” winner Kelly Clarkson, actor Zac Efron and British star Benedict Cumberbatch are among celebrities who will be getting a star on Hollywood’s Walk of Fame in 2021. Shia LaBeouf, Missy Elliott and “American Pie” singer-son... More »
LONDON (Reuters) – Long queues of shoppers snaked around stores in England on Monday, with discount fashion retailer Primark proving a particular draw as shops reopened their doors after 83 days of lockdown. Queues formed from early morning outside several bra... More »
LISBON (Reuters) – Negotiations between Portugal and Britain on an “air bridge” that would allow British tourists to dodge a mandatory COVID-19 quarantine upon returning home are still in progress and going well, Prime Minister Antonio Costa said on Monday. Po... More »
NEW YORK (Reuters) – The U.S. dollar was slightly lower in North American morning trade on Monday, stabilizing after a move higher overnight on a sell-off in risk assets over rising fears of a second wave of coronavirus infections. The dollar index =USD, which... More »
BRUSSELS/LONDON (Reuters) – Leaders from Britain and the European Union agreed on Monday that talks on their future relationship should be stepped up to clinch a deal, with Prime Minister Boris Johnson suggesting an agreement could be reached in July with “a b... More »
LONDON (Reuters) – British coastguards have located the wreckage of a U.S. fighter plane that crashed into the North Sea off the coast of northeast England on Monday but the pilot is still missing, the U.S. Air Force said in a statement. The F-15C Eagle from t... More »
NEW YORK (Reuters) – Oil prices fell on Monday as new coronavirus infections hit the United States and China, feeding worries that renewed lockdowns could hamper economic recovery and dent fuel demand. U.S. West Texas Intermediate crude fell 35 cents, or 1%, t... More »
PARIS/BRUSSELS (Reuters) – A deal between AstraZeneca and four European countries for COVID-19 vaccines involves doses being shared by European Union members on a pro rata basis based on population, a source at the French President’s office said on Monday. The... More »
FRANKFURT (Reuters) – The number of publicly accessible charging points for electric vehicles (EV) jumped 60% in 2019, the biggest increase in three years and outpacing sales of battery-powered cars, according to the International Energy Agency (IEA). In its a... More »
KISUMU (Reuters) – Hundreds of Kenyans defied tear gas and riot police on Friday to carry off the body of a popular singer, trying to prevent a swift burial under rules for suspected coronavirus cases which the crowd said would be disrespectful. Mourners and f... More »
ATHENS (Reuters) – Greece’s culture minister has hailed a U.S. court ruling over a disputed ancient horse figurine as a major victory that may help Athens and others fighting to reclaim antiquities. Lina Mendoni said Tuesday’s ruling by the 2nd U.S. Circuit Co... More »
LONDON (Reuters) – British Airways will sell at least 10 works of art that normally hang in its executive lounges, a source said, turning to pieces by famous artists like Damien Hirst to raise millions of pounds to help it through the coronavirus pandemic. The... More »
ROME (Reuters) – A mural by secretive British street artist Banksy stolen from the Bataclan theater in Paris, where Islamist gunmen killed 90 people in 2015, has been found in a farmhouse in central Italy, police said on Thursday. The work, one of a series of ... More »
LONDON (Reuters) – Scientists have used human embryonic stem cells to create an embryo-like research model to help them study some of the earliest stages of human development. The model overcomes some of the ethical restrictions on using human embryos for rese... More »
SYDNEY/HONG KONG (Reuters) – Hong Kong will lead a $5 billion rescue of Cathay Pacific Airways (0293.HK), which like other airlines has been hit by a global travel slump triggered by the coronavirus pandemic. The government’s involvement in the recapitalisatio... More »
LONDON (Reuters) – British businesses have borrowed nearly 35 billion pounds ($44 billion) under three emergency credit programmes for companies hit by the coronavirus crisis with demand strongest for a 100% state-backed scheme for the smallest firms. After a ... More »
LONDON (Reuters) – Vitol’s former chief executive and chairman Ian Taylor has died at the age of 64 from cancer, according to an internal memo and four sources familiar the matter. Taylor joined Vitol [VITOLV.UL] in 1985 and became group President and CEO in 1... More »
(Reuters) – AstraZeneca ANZ.L said on Tuesday it expects to move two COVID-19 antibody therapies it has licensed from U.S. researchers into clinical studies in the next two months as the drugmaker ramps up efforts to help combat the health crisis. The British ... More »
LONDON (Reuters) – G7 government bonds? Check. Gold? Check. But that may not be enough as the coronavirus crisis accelerates a hunt for a wider pool of assets to better balance investment portfolios during stressful times. Corporate and Chinese government debt... More »
LONDON (Reuters) – Oil prices fell on Tuesday weighed down by a stronger dollar and oversupply concerns after it was announced that a trio of Gulf producers would end voluntary output cuts. Brent crude was down 85 cents, or 2.1% to $39.95 a barrel by 0912 GMT.... More »
LONDON (Reuters) – The Australian dollar fell nearly 2% on Tuesday after China’s education ministry warned students to carefully consider studying there amid tension between the trading partners. The dollar found some footing, rising against tearaway commodity... More »
LONDON (Reuters) – The United Kingdom’s COVID-19 death toll neared 52,000 on Tuesday, according to a Reuters tally of official data sources that highlighted the country’s place as one of the worst hit in the world. New data for England and Wales brought the to... More »
TOKYO (Reuters) – Japan and the United Kingdom agreed to start negotiations for a swift agreement on an economic partnership to secure business continuity for both nations, Japan’s foreign ministry said on Tuesday. Foreign Minister Toshimitsu Motegi welcomed i... More »
(Reuters) – European shares fell on Tuesday as declines in cyclical stocks and UK’s British American Tobacco threw a spanner into a rally driven by optimism over a global recovery from the coronavirus crisis. The pan-European STOXX 600 index fell 1.3%, with eu... More »
LONDON (Reuters) – About 64,000 more people than usual have died in the United Kingdom during this year’s coronavirus pandemic, an expert from the Office for National Statistics said on Tuesday. Epidemiologists say excess mortality – deaths from all causes tha... More »
LONDON (Reuters) – The coronavirus might have been spreading in China as early as August last year, according to Harvard Medical School research based on satellite images of hospital travel patterns and search engine data, but China dismissed the report as “ri... More »
NEW YORK (Reuters) – While some potential vaccines have emerged in the global race to find a way to stop the spread of COVID-19, many scientists and researchers believe antibody based therapies hold great promise for treating people already infected with the d... More »
WASHINGTON (Reuters) – In a glimpse into the future of archeology, researchers have used ground-penetrating radar to map an entire ancient Roman city, detecting remarkable details of buildings still deep underground including a temple and a unique public monum... More »
LONDON (Reuters) – Dancers from Britain’s Royal Ballet have made a short film in which they perform in London’s deserted streets to the sounds of The Rolling Stones, a project designed to highlight the plight of the arts during the global coronavirus pandemic.... More »
LOS ANGELES (Reuters) – The civil rights movie “Selma” was made free for rental on Friday, a day after actor David Oyelowo said Oscar voters had deliberately snubbed the film in 2015. Oyelowo, who played Dr. Martin Luther King Jr. in the movie, said members of... More »
LONDON (Reuters) – American actress Whoopi Goldberg has leant her voice to an Extinction Rebellion animated film highlighting the precarious state of the planet’s natural environment. The three-minute film entitled “Gigantic Change” was released on Friday to c... More »
LONDON (Reuters) – London’s world-famous Abbey Road Studios reopened on Thursday after closing its doors during the coronavirus lockdown for the first time in its 90-year history. Celebrated for recording the likes of Edward Elgar, The Beatles and Lady Gaga, t... More »
STOCKHOLM (Reuters) – Scientists in Sweden are hoping an alpaca named Tyson can help deliver a knockout blow in the fight to develop a treatment or vaccine against the novel coronavirus that has killed nearly 400,000 people worldwide. After immunizing Tyson, a... More »
LONDON (Reuters) – The European Central Bank beefed up its bond-buying programme on Thursday in its latest effort to support a euro zone economy pummelled by more than two months of shutdowns due to the coronavirus pandemic. HIGHLIGHTS: ** ECB increases size o... More »
(The author is editor-at-large for finance and markets at Reuters News. Any views expressed here are his own) By Mike Dolan LONDON (Reuters) – Many households have built up a stash of savings during the coronavirus lockdowns of the past three months — and how ... More »
NEW YORK (Reuters) – The dollar steadied against the euro on Wednesday even as the common currency remained supported by news of a proposal for an economic recovery package to help the euro zone region recover from the coronavirus pandemic. The euro EUR=EBS wa... More »
LONDON (Reuters) – The coronavirus crisis may have dealt a lethal blow to the idea that the euro could one day replace the dollar as the world’s preferred currency, by exposing euro zone frailties and cementing the U.S. Fed’s role as global lender of last reso... More »
