LONDON (Reuters) – Prince William evoked his late mother Princess Diana’s work for charity, as he described as “eye-opening” selling copies on a London street of a magazine that helps to combat homelessness, saying he was committed to highlighting the …
Exclusive – Tim’s top investor Vivendi seeks 31 billion euro landline grid valuation – source
By Elvira Pollina MILAN (Reuters) – Telecom Italia’s (TIM) top investor Vivendi wants the phone group to value its fixed landline network at 31 billion euros ($33 billion) in any sale, far above analysts’ and TIM’s own estimate, a source close to the F…
Putin fears “spark of democracy”, Germany’s Scholz says
BERLIN (Reuters) -Russian President Vladimir Putin fears the “spark of democracy” spreading to his country, German Chancellor Olaf Scholz said, adding that he was trying to divide Europe and return to a world dominated by spheres of influence. Scholz w…
Britain welcomes Afghanistan’s release of five detainees
LONDON (Reuters) -Britain said on Monday it welcomed Afghanistan’s decision to release five British nationals who had travelled there against official advice. “These British nationals had no role in the UK government’s work in Afghanistan and travelled…
Iveco to make low emissions buses in Italy
MILAN (Reuters) – Truckmaker Iveco Group said on Monday it planned to restart bus production in Italy after more than a decade, taking advantage of funds from the EU-funded Recovery Plan to develop a fleet of low emission public transport vehicles. The…
Banks, energy stocks fuel rebound in European shares
By Sruthi Shankar (Reuters) -European stocks rose strongly on Monday after a sharp selloff last week on recession worries, while gains in French shares were capped after President Emmanuel Macron lost an absolute majority in the country’s parliamentary…
Ocado to raise $704 million in placing of new shares
LONDON (Reuters) – British online supermarket and technology group Ocado plans to raise 575 million pounds ($704.2 million) through a placing of new shares to help fund its growth, it said on Monday. The group has also agreed a new 300 million pound re…
Bank of England’s Mann says weak pound makes case for big rate hike
By David Milliken and William Schomberg LONDON (Reuters) -The Bank of England should raise rates faster than it has so far because sterling’s weakness is adding to Britain’s inflation pressures, interest-rate setter Catherine Mann said on Monday. Mann …
London’s FTSE 100 rises on boost from financial, energy stocks
By Anisha Sircar (Reuters) -London’s FTSE 100 rose on Monday, boosted by gains in financial and energy stocks, after the blue-chip index posted its third straight weekly drop on sluggish economic growth worries. The blue-chip FTSE 100 index rose 1.5% w…
UK PM Boris Johnson getting back to work after routine operation
LONDON (Reuters) -British Prime Minister Boris Johnson had a minor, routine operation under general anaesthetic on Monday related to his sinuses, his spokesman said, adding he had recovered well and would take meetings at his Downing Street office. The…