By Andrew MacAskill and Matthew Childs LONDON/DOVER (Reuters) -Britain’s first scheduled flight taking asylum seekers to Rwanda was set to depart on Tuesday, with the government warning that anyone who avoided it through last-minute legal challenges wo…
French government: possible Macron visit to Ukraine is ‘option’ but nothing decided yet
PARIS (Reuters) – The possible visit by French President Emmanuel Macron to Ukraine capital Kyiv is one of “several options” that are on the table at present, although no firm decision has been taken on this yet, said government spokesperson Olivia Gre…
Elon Musk to address Twitter employees for first time in Town Hall
(Reuters) – Elon Musk will speak to Twitter Inc employees this week for the first time at a company-wide meeting since launching his $44 billion bid in April, a source said on Monday, citing an email from Twitter Chief Executive Parag Agrawal to staff….
Gupta’s Liberty Steel agrees standstill deal with Greensill Bank
LONDON (Reuters) – The Liberty Steel group owned by commodities tycoon Sanjeev Gupta said it has reached a standstill agreement with its largest creditor Greensill Bank on debt facilities for its European business. Gupta’s family conglomerate, GFG Alli…
Oil prices rise as tight supply counters China COVID, recession worries
By Ahmad Ghaddar LONDON (Reuters) – Oil prices rose on Tuesday as tight global supply outweighed worries that fuel demand would be hit by a possible recession and fresh COVID-19 curbs in China. Brent crude futures rose 94 cents, or 0.9%, to $123.21 a b…
Pound struggles on prospect of new Scottish independence vote
By Joice Alves LONDON (Reuters) -Sterling fell to an almost nine-month low versus the euro on Tuesday after Scotland’s First Minister Nicola Sturgeon said she was set to share details on plans for a new independence referendum. Sturgeon said she was ne…
Pope raps Russian ‘cruelty’ in Ukraine, says invasion violates nation’s rights
By Philip Pullella ROME (Reuters) -Pope Francis has taken a new series of swipes at Russia for its actions in Ukraine, saying its troops were brutal, cruel and ferocious and that the invasion violated a country’s right to self-determination. In the tex…
Pension Insurance Corp signs $730 million deal for House of Fraser pension
LONDON (Reuters) – Pension Insurance Corporation has completed a 600 million pound ($731.40 million) insurance buyout with Britain’s House of Fraser Beatties & Jenners pension scheme, the specialist pension provider said on Tuesday. The pension scheme’…
Bitcoin hovers near MicroStrategy ‘margin call’ price
By Tom Westbrook SINGAPORE (Reuters) -Bitcoin neared a price level on Tuesday that could force software firm MicroStrategy Inc to add more tokens against a bitcoin-backed loan or trigger selling some of its vast holdings, setting fragile cryptocurrency…
Ryanair CEO says summer fares will be up 7-9% on 2019 levels
BRUSSELS (Reuters) – Ryanair Group Chief Executive Michael O’Leary said bookings for Europe’s biggest budget airline have continued to strengthen and he expects summer fares to be between 7% and 9% higher than pre-pandemic levels. O’Leary told Reuters …