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European football focusing on restart in July and August

(Reuters) – European football, currently at a standstill because of the coronavirus, is focusing on a restart in July and August with clubs and leagues being told that stopping competitions should “really be the last resort.” UEFA, the European Club Associatio... More »

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The shows must go on!: Lloyd Webber musicals to be aired for free

LONDON (Reuters) – Fans of musical theatre forced by the coronavirus pandemic to stay at home will be able to watch some of Andrew Lloyd Webber’s most popular shows for free on Youtube every week. The series, entitled “The Shows Must Go On!”, will kick off on ... More »

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Landmark skull fossil provides surprising human evolution clues

WASHINGTON (Reuters) – Scientists have solved a longstanding mystery over the age of a landmark skull found in 1921 in Zambia – the first fossil of an extinct human species discovered in Africa – in research with big implications for deciphering the origin of ... More »

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Loss of taste and smell key COVID-19 symptoms, app study finds

LONDON (Reuters) – Losing your sense of smell and taste may be the best way to tell if you have COVID-19, according to a study of data collected via a symptom tracker app developed by scientists in Britain and the United States to help monitor the coronavirus ... More »

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Invesco to sell all unquoted holdings in UK equities portfolios

LONDON (Reuters) – Invesco said on Tuesday it would sell all the unquoted companies currently held in its UK equities portfolios and has marked down their value by 60% as a result of recent coronavirus-fueled market falls. The U.S.-based manager said it would ... More »

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Britain orders 10,000 ventilators from F1, aerospace consortium

LONDON (Reuters) – Britain has ordered more than 10,000 ventilators from a consortium of leading aerospace, engineering and Formula One racing teams which have met an urgent government plea for help with production due to start this week. The group, including ... More »

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UK trials new breathing aid developed by Mercedes Formula One

LONDON (Reuters) – A new version of a breathing aid that can help coronavirus patients has been developed in less a week by a team involving Mercedes Formula One, and is being trialed at London hospitals. Continuous Positive Airway Pressure (CPAP) devices have... More »

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Ted Baker names finance chief Rachel Osborne as CEO

(Reuters) – Troubled fashion retailer Ted Baker (TED.L) on Monday named Chief Financial Officer Rachel Osborne to the permanent role of chief executive officer, replacing Lindsay Page who stepped down last year. The British company said the search for a chairm... More »

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Wimbledon will be canceled, says German tennis official – report

(Reuters) – Wimbledon organizers will announce the cancellation of the grasscourt Grand Slam this week due to the coronavirus pandemic, German Tennis Federation (DTB) vice-president Dirk Hordorff has told Sky Sports. All England Lawn Tennis Club (AELTC) offici... More »

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From quills to qwerty: Lloyd’s underwriters adapt to home working

LONDON (Reuters) – Thousands of London’s underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won’t need them. Working at home due to the coronavirus lockdown, they have abandoned the normal tool... More »

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Even in MotoGP’s virtual world, a Marquez still rules

LONDON (Reuters) – Alex Marquez celebrated a first MotoGP win — even if only virtually — in a ‘#StayAtHomeGP’ esports race featuring 10 top riders including older brother and six-time world champion Marc. Due to the coronavirus pandemic that has brought live s... More »

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UK broadband providers lift data caps during coronavirus crisis

Britain’s big telecoms providers have agreed to remove all data caps on fixed-line broadband services that have become a lifeline for people isolated at home during the coronavirus crisis, the government said on Sunday. The companies, which include BT (BT.L), ... More »

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Now listen carefully 007: James Bond guns stolen in London burglary

LONDON (Reuters) – Five guns which were used in “James Bond” movies, including the last weapon brandished by actor Roger Moore while playing 007, have been stolen from a house in north London by suspects with Eastern European accents, British police said on Fr... More »

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New CEO pay limits loom as investors confront coronavirus crisis

BOSTON/LONDON (Reuters) – The havoc wrought by the coronavirus crisis could give investors leverage to put new limits on CEO pay packages and link them more closely to a range of social and environmental issues at companies’ annual meetings this spring. Execut... More »

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British vicar catches fire waiting for God’s answer

(Reuters) – A British vicar got more than he expected from his first attempt at an online sermon when he leaned too close to a candle on a cross and his sweater caught fire. Stephen Beach of St Budeaux Parish Church in Plymouth, southwest England, was getting ... More »

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IOC to start discussions on possible Tokyo 2020 postponement

ATHENS (Reuters) – The International Olympic Committee is stepping up its “scenario planning” for the Tokyo 2020 Games — including a possible postponement — as the coronavirus pandemic spreads, it said after an emergency meeting on Sunday. The IOC will hold di... More »

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Gold medalist Skinner slams IOC’s Bach’s “arrogance”

(Reuters) – Britain’s Olympic gold medal track cyclist Callum Skinner has attacked International Olympic Committee president Thomas Bach’s decision to wait up to a month to make a decision on the 2020 Tokyo Games. “IOC President Thomas Bach’s stubbornness and ... More »

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Blackrock to freeze global hiring for a few weeks: source

LONDON (Reuters) – Blackrock (BLK.N), the world’s largest asset manager, will freeze global hiring for a few weeks, according to a source familiar with the situation. As the deadly coronavirus swept across the global economy, killing thousands of people, compa... More »

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Anglo American says to reschedule work at mines to contain virus

LONDON (Reuters) – Anglo American said on Friday it would reschedule work at mines in countries such as Chile to contain the spread of coronavirus but added there had been no material disruption on production. The virus, which has claimed over 10,000 lives glo... More »

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Bank of England cancels stress test of banks over coronavirus

LONDON (Reuters) – The Bank of England canceled this year’s stress test of major banks on Friday and said it may be hard to implement new global capital rules on time given the focus now on supporting lending to customers hit by the coronavirus epidemic. The d... More »

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EU states agree to suspend airline slot requirements until October

BRUSSELS (Reuters) – The EU agreed on Friday to suspend requirements that oblige airlines to use at least 80% of their take-off and landing slots in order to keep them the following year until Oct. 24 due to the aviation industry crisis unleashed by coronaviru... More »

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World championship postponed over coronavirus

LONDON (Reuters) – The World Snooker Championship in Sheffield became the latest staple of the British sporting diet to be postponed on Friday because of the coronavirus pandemic. The 17-day season-ending showpiece, scheduled for April 18 to May 4 at the Cruci... More »

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‘Wonderchicken’ fossil from Belgium reveals dawn of modern birds

WASHINGTON (Reuters) – A fossil unearthed in Belgium dubbed the “Wonderchicken” is providing a rare glimpse into the early evolution of modern birds at the twilight of the age of dinosaurs, right before an asteroid impact altered the course of life on Earth. R... More »

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Stampede to get out: bond ETFs get crushed in selloff

LONDON (Reuters) – A rush to sell global bonds in the past week has now rippled into the world of exchange-traded funds with some of the most actively traded seeing the most bulging gaps relative to the value of underlying holdings in years. Exchange-traded fu... More »

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U.S. crude falls below $30 as Fed move fails to calm markets

LONDON (Reuters) – U.S. crude fell below $30 on Monday as emergency rate cuts by the U.S. Federal Reserve and its global counterparts failed to tame markets and China’s factory output plunged at the sharpest pace in 30 years amid the spread of coronavirus. Bre... More »

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Pressure mounts in Finland to close schools

HELSINKI (Reuters) – Finland’s largest opposition party on Monday stepped up criticism of the government as most schools and daycares remained open despite the coronavirus outbreak. “There are only four countries in the EU which have not closed schools. Respon... More »

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European shares slump to 2012 lows

(Reuters) – European shares tumbled more than 8% on Monday as the coronavirus pandemic raged through much of Europe, with dramatic monetary easing by global central banks failing to reassure investors about its growing economic damage. The pan-European STOXX 6... More »

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Germany confirms case of H5N8 bird flu in poultry farm

HAMBURG (Reuters) – A case of H5N8 bird flu has been confirmed in a poultry farm in the eastern German state of Saxony, German authorities said on Monday. The social affairs and protection ministry in the state of Saxony said the case involved bird flu of type... More »

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Valencia’s Mangala tests positive for coronavirus

(Reuters) – France international Eliaquim Mangala said that he is one of the five players and staff of La Liga side Valencia who have tested positive for the coronavirus. The 29-year-old’s team mate Ezequiel Garay on Sunday became the first La Liga player to c... More »

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Esports: No F1 but Verstappen and Norris still find a way to race

LONDON (Reuters) – Formula One drivers Max Verstappen and Lando Norris were racing on Sunday but, with the season-opening Australian Grand Prix canceled due to the coronavirus, it was against invisible opponents on virtual racetracks. The world of esports came... More »

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London boxing qualifiers closed to spectators due to virus

LONDON (Reuters) – A European qualifying event for this year’s Tokyo Olympic boxing tournament will be closed to spectators from Monday due to the coronavirus outbreak, organizers said. The International Olympic Committee (IOC) boxing task force which is organ... More »

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Coronavirus to test U.S. movie theater box office

LOS ANGELES (Reuters) – U.S. theater operators moved to prevent the spread of coronavirus and reassure audiences ahead of a weekend with options ranging from satirical thriller “The Hunt” to Pixar animated adventure “Onward” and faith-based film “I Still Belie... More »

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After 400 years, London show reunites six masterpieces by Titian

LONDON (Reuters) – A series of six paintings by the Venetian master Titian, commissioned by King Philip II of Spain and inspired by the works of the Roman poet Ovid, have been reunited for the first time in four centuries in an exhibition at London’s National ... More »

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Fossil footprints on Scottish island reveal dinosaur parade ground

WASHINGTON (Reuters) – On a crag of rock called Brother’s Point on Scotland’s Isle of Skye, scientists have identified two bustling footprint sites that reveal an abundance of dinosaurs that thrived 170 million years ago including an early member of a celebrat... More »

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Threat of coronavirus hangs heavily over Rome Raphael spectacular

ROME (Reuters) – An exhibition commemorating the 500th anniversary of the death of Renaissance artist Raphael opens in Rome this week but the show risks being overshadowed by the coronavirus outbreak sweeping Italy. The Scuderie del Quirinale gallery has sold ... More »

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European shares stabilize after worst week since 2008

(Reuters) – European shares steadied on Monday after their worst weekly showing since the 2008 financial crisis, on rising hopes that major central banks will step in to counter the impact of the coronavirus epidemic on global growth. The pan-European STOXX 60... More »

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Rock band Green Day among musicians pulling out of Asia tour dates

(Reuters) – U.S. rock band Green Day on Friday called off all of the Asian shows in its upcoming world tour because of the coronavirus outbreak, the latest music act to pull back from performances in the region. The punk band’s Hella Mega tour was planned to h... More »

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Eight men in frame to run Norway wealth fund, including deputy CEO

OSLO (Reuters) – Eight candidates have applied to head Norway’s sovereign wealth fund, the country’s central bank said on Tuesday, as its board prepares to decide who should steer the global portfolio of assets worth $1.1 trillion through a time of transition.... More »

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Italy’s UniCredit says Mustier to stay on as CEO

MILAN (Reuters) – Italy’s biggest bank UniCredit (CRDI.MI) said on Monday Chief Executive Jean Pierre Mustier had confirmed he would remain in his role, following media reports that he was being considered for the top job at rival HSBC (HSBA.L). UniCredit rece... More »

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UK employers urge Johnson not to sacrifice services in EU deal

LONDON (Reuters) – Britain must not exclude its huge services industry from a planned trade deal with the European Union as the price for reclaiming control over its economy, a group representing British employers said on Monday. The Confederation of British I... More »

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More UK spending? Higher taxes look inevitable: think-tank

LONDON (Reuters) – Britain’s new finance minister Rishi Sunak will have to raise taxes rather than rely on tweaks to budget rules if he wants to really ramp up spending in a first post-Brexit budget next month, the Resolution Foundation, a think-tank, said. Su... More »

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Hughes fears Indian closure, bank disruptions over unpaid fees

NEW DELHI (Reuters) – U.S. satellite broadband provider Hughes Network Systems may have to shut its Indian operations due to unpaid levies owed to the government, which could put thousands of banking services at risk, a company letter seen by Reuters showed. I... More »

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Greece says Marbles’ return not linked to Brexit talks

ATHENS (Reuters) – Greece distanced itself on Wednesday from suggestions that it planned to drag a centuries-old dispute over the return of the Parthenon marbles into Brexit negotiations. Government spokesman Stelios Petsas said Athens would keep up its campai... More »

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Factbox: Latest on coronavirus spreading in China and beyond

(Reuters) – Here are the latest developments around the coronavirus outbreak: *The death toll in mainland China reached 1,770 as of Sunday-end, up by 105 from the previous day, while there were 2,048 new cases, bringing the total count to 70,548. *In Hubei pro... More »

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Take Five: In sickness and in health

(Reuters) – 1/CHINA ON SICK LEAVE A leap in coronavirus cases in Hubei gave markets pause, for all of 24 hours. Then attention shifted back to the global case-count and the rally resumed. But while investors are focused on containment, the world’s second-bigge... More »

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European shares hit record high- carmakers cheer China stimulus

(Reuters) – European shares hit a record high on Monday, with automobile stocks leading gains amid fresh attempts by China to limit the economic impact of the coronavirus outbreak. Automobile stocks .SXAP, which are highly sensitive to Chinese demand and indus... More »

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NMC Health founder Shetty resigns as turmoil deepens

(Reuters) – NMC Health (NMC.L) said on Monday its founder BR Shetty had resigned as the Emirati healthcare group’s joint non-executive chairman, leaving UK businessman H.J. Mark Tompkins as sole chairman. NMC, the United Arab Emirates’ largest private healthca... More »

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Timeline: NMC Health’s expansion and ailments

(Reuters) – NMC Health (NMC.L) said on Monday its founder BR Shetty had resigned as joint non-executive chairman, months after the UAE healthcare group was thrown into turmoil by doubts over its finances. NMC is the largest private healthcare company in the Un... More »

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William Hill names DS Smith’s Adrian Marsh as CFO

(Reuters) – British bookmaker William Hill (WMH.L) on Monday named cardboard maker DS Smith’s (SMDS.L) Chief Financial Officer Adrian Marsh as its finance head. Marsh will join William Hill later this year, taking over from Ruth Prior whose departure was annou... More »

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‘United by Emotion’ chosen as Tokyo 2020 motto

TOKYO (Reuters) – ‘United by Emotion’ was revealed as the motto for the Tokyo 2020 Olympics and Paralympics on Monday as organizers look to hammer home the message of diversity and inclusion. Tennis player Naomi Osaka, who was born in Japan to a Haitian father... More »

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UK digital bank Monzo plans to hire 500 and relaunch paid accounts

LONDON (Reuters) – Fast-growing British digital bank Monzo plans to hire up to 500 people and forecasts it will get 5.5 million users this year, as it prepares to have another crack at charging some customers to turn a profit. The loss-making firm has burned t... More »

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European shares edge lower amid coronavirus uncertainty

(Reuters) – European shares inched lower on Monday as concerns over the economic impact of the coronavirus outbreak weighed on sentiment, while markets also came off a rally from last week. The pan-European STOXX 600 index fell 0.3% by 0803 GMT, with the trave... More »

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Factbox: Key winners at the 2020 Academy Awards

LOS ANGELES (Reuters) – The Academy Awards, the highest honors in the movie industry, were handed out on Sunday at a ceremony in Hollywood. Following is a list of winners in key categories: Best Picture “Parasite” (Neon) Best Actor Joaquin Phoenix – “Joker” Be... More »

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Barbadian poet Kamau, who exalted Caribbean’s Afro roots, dies

BRIDGETOWN (Reuters) – Internationally acclaimed Barbadian poet, essayist and historian Edward Kamau Brathwaite, whose prolific writings sought to assert the identity of Caribbean peoples and their African roots, died at his home in Barbados on Tuesday. He was... More »

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Brent crude falls as China cuts refining rates on virus outbreak

SINGAPORE (Reuters) – Brent crude prices fell on Monday to their lowest in more than a year, dragged down by worries about lower demand in China, the world’s largest oil importer, following a coronavirus outbreak there. There are signs fuel demand has plunged ... More »

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Imperial Brands appoints Stefan Bomhard CEO

(Reuters) – Cigarette maker Imperial Brands Plc (IMB.L) on Monday appointed Stefan Bomhard as its chief executive officer, replacing Alison Cooper, as the industry faces a regulatory backlash against e-cigarettes and declining tobacco sales. Bomhard will join ... More »

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UK watchdog warns against ‘blanket’ suspension of credit cards

LONDON (Reuters) – Credit card firms must review how they treat customers that have been in persistent debt to help them save up to 1.3 billion pounds a year in lower interest charges, Britain’s Financial Conduct Authority said on Monday. New rules came into f... More »

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Imelda Staunton to be last Elizabeth in TV’s ‘The Crown’

(Reuters) – British actress Imelda Staunton will play an older Queen Elizabeth in the final season of award-winning television series “The Crown,” the show’s creator said on Friday. The Netflix series about the British royal family will end after five seasons ... More »

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Lempicka headlines impressionist auction in London

LONDON (Reuters) – Tamara de Lempicka’s “Portrait de Marjorie Ferry” is expected to fetch up to 12 million pounds ($16 million) when it comes up for auction in London next week. The painting was commissioned in 1932 by the husband of British-born cabaret star ... More »

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Sovereign wealth funds move mainstream, make less contrarian bets

LONDON (Reuters) – Sovereign wealth funds’ investment moves are becoming more closely aligned with the global asset management industry as they mature, and their growing size makes it harder for them to make contrarian bets, a report showed. But the move to mo... More »