By Devik Jain and Amal S (Reuters) – UK’s FTSE 100 fell for a sixth straight session on Tuesday, as investors raised bets on how high central banks would lift interest rates to tackle inflation. After rising as much as 0.9%, the FTSE 100 erased early g…
UK says no reason for negative EU reaction to N. Ireland law
LONDON (Reuters) – Britain told the European Union on Tuesday there was no reason for its negative reaction to London’s plan to override some post-Brexit trade rules for Northern Ireland, after Brussels threatened legal action. Britain published legisl…
Proposed changes to Ireland protocol will not impede U.S.-UK trade dialogue -White House
WASHINGTON (Reuters) – The White House on Monday urged Britain and the European Union to return to talks to resolve differences over implementation of the Northern Ireland Protocol, but said it does not expect the issue to impede a U.S.-UK trade dialog…
European stocks post six straight days of losses
By Sruthi Shankar and Bansari Mayur Kamdar (Reuters) – European equities reversed early gains on Tuesday to extend their selloff for a sixth straight session on worries over aggressive U.S. interest rate hikes and a potential recession. The continent-w…
UK’s Bellway, Crest Nicholson bet on home prices to offset higher costs
(Reuters) -British homebuilders Bellway and Crest Nicholson Holdings said on Tuesday upbeat house prices spurred by strong demand will continue to offset higher costs, brushing aside any slowdown concerns in the housing market. UK house prices have con…
Britain’s Truss says government is acting in “reasonable way” on N. Ireland protocol
LONDON (Reuters) – Britain is acting in a reasonable way in publishing legislation that would override some post-Brexit trade rules for Northern Ireland, foreign minister Liz Truss said on Tuesday. “We cannot allow the situation to drift and we cannot …
Ukraine struggles to evacuate civilians from devastated eastern city
By Natalia Zinets KYIV (Reuters) -Ukraine said its forces were still trying to evacuate civilians from embattled Sievierodonetsk on Tuesday after Russia destroyed the last bridge to the city, Moscow’s main target in its battle for control of eastern Uk…
Deutsche Bank investors can sue in U.S. over Epstein, Russian oligarch ties
By Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Monday said shareholders can sue Deutsche Bank AG for allegedly hiding shortfalls in its internal controls while doing business with risky, ultra-rich clients like the sex offender Jeffrey Epstein…
Soccer-Kirchner withdraws bid to buy Derby County – EFL
(Reuters) – Chris Kirchner’s proposed acquisition of third-tier club Derby County is off after the American businessman withdrew his offer, the English Football League (EFL) said on Monday. Kirchner, who was named preferred bidder in April, was given c…
UK targets light-touch regulation to boost tech sector, minister says
By Paul Sandle LONDON (Reuters) – Britain launched a digital strategy on Monday focused on simplifying regulation, supporting critical technologies like semiconductors and tackling skills gaps to help drive economic growth. Tech minister Chris Philp sa…