LONDON (Reuters) – Russian President Vladimir Putin’s speech on Wednesday was a worrying escalation and the threats he made in it must be taken seriously, British Foreign Office minister Gillian Keegan told Sky News. (Reporting by William James, Editin…
UK government borrows more than expected in August
LONDON (Reuters) -Britain’s budget deficit was bigger than expected in August as high inflation again bumped up interest accrued on government bonds, official data showed on Wednesday. The Office for National Statistics said public sector borrowing exc…
U.S., Canadian warships sail through Taiwan Strait for 2nd time in a year
(Reuters) -A U.S. Navy warship and a Canadian frigate made a routine transit through the Taiwan Strait on Tuesday, the militaries of both nations said, at a time of heightened military tension between Beijing and Taipei. The transit was the second in a…
What crisis? High-stakes crypto lending looks here to stay
By Elizabeth Howcroft and Hannah Lang LONDON/WASHINGTON (Reuters) – On May 11, Scott Odell, an analyst at British crypto lender Blockchain.com, instant messaged Edward Zhao of Three Arrows Capital asking that the Singapore hedge fund repay at least par…
Automakers tackle patent hurdle in quest for in-car tech
By Victoria Waldersee and Supantha Mukherjee STOCKHOLM/BERLIN (Reuters) – Over a dozen automakers including Toyota and Nissan, have signed up with a platform for patent licences from 51 tech companies, aiming to simplify access to wireless technology a…
Collectors clamor for rare Queen Elizabeth coins and notes
By Julie Gordon OTTAWA (Reuters) – The death of Britain’s Queen Elizabeth has collectors scrambling to secure rare coins and bills bearing her likeness, even as her portrait is set to remain in circulation for years to come on money throughout the Comm…
GE appoints Repsol’s Zingoni as CEO of power business – memo
By Andres Gonzalez and Rajesh Kumar Singh LONDON/CHICAGO (Reuters) – General Electric Co has hired Mavi Zingoni as head of its power unit, which comprises gas, steam and nuclear power businesses, according to an internal memo reviewed by Reuters on Tue…
Mexican leader offered cooperation on gas, says German president
MEXICO CITY (Reuters) -Mexico’s President Andres Manuel Lopez Obrador offered to help with a key fuel in high demand across Europe, the German president told reporters in the Mexican capital on Tuesday, amid a supply squeeze following Russia’s invasion…
Putin orders troop conscription in Ukraine war escalation
By Pavel Polityuk, Humeyra Pamuk and Caleb Davis KYIV/NEW YORK/GDANSK, Poland (Reuters) – President Vladimir Putin ordered Russia’s first wartime mobilisation since World War Two on Wednesday, shocking citizens with what Western countries described as …
UK’s Truss to cut stamp duty in push for prosperity – The Times
(Reuters) – British Prime Minister Liz Truss will announce plans to cut stamp duty property tax in the government’s mini-budget this week in an attempt to drive economic growth, The Times reported. (Reporting by Akriti Sharma in Bengaluru; Editing by C…