(Reuters) – British online electricals retailer AO World said on Wednesday it intends to raise about 40 million pounds ($47.7 million) through a placing and a primarybid offer. AO World said it would conduct the placing of new ordinary shares of 0.25 p…
German industrial orders grow in May, reversing trend
BERLIN (Reuters) – German industrial orders grew in May, beating expectations and reversing the trend after three consecutive months of decline, data showed on Wednesday. Orders for industrial goods increased by 0.1% on the month in seasonally adjusted…
Boris Johnson says he won’t quit as clamour grows
By Elizabeth Piper, Kate Holton and Alistair Smout LONDON (Reuters) -Britain’s Boris Johnson defied pressure from senior ministers and a mounting rebellion within his party to quit on Wednesday, vowing to stay on as prime minister and fight off any att…
Recruiter Robert Walters expects annual profit ahead of market view
(Reuters) – British recruitment firm Robert Walters on Wednesday predicted full-year profit above market expectations after posting a 26% jump in its second-quarter net fee income amid a recovery in permanent hirings globally. The company also said its…
EU Parliament to vote on ‘green’ gas and nuclear rules
By Kate Abnett BRUSSELS (Reuters) -The European Parliament will decide on Wednesday whether to block or accept an EU law labelling investments in gas and nuclear power plants as climate-friendly, which has exposed deep rifts between countries over how …
Dollar gains, euro falls as energy drives currency swings
By Herbert Lash (Reuters) -The dollar rose to fresh 20-year highs on Wednesday and the euro tumbled to a new two-decade low as rising energy prices and potential shortages cast a long shadow over the euro zone’s economy. The dollar index, which tracks …
Athletics-Mo Farah to take part in London Marathon
(Reuters) – Britain’s multiple world and Olympic long distance champion Mo Farah will run a marathon for the first time since 2019 when he takes part at the London Marathon in October. Organisers said Farah will return to the roads and race in his home…
Citing Australia, lawmakers warn Britain against overselling trade deals
LONDON (Reuters) – Britain’s parliamentary trade committee on Wednesday warned the government against overselling its post-Brexit trade deals, citing shortcomings in its agreement with Australia and calling for more time for lawmakers to scrutinise it….
Solicitor General for England and Wales Chalk resigns
(Reuters) – British MP for Cheltenham Alex Chalk resigned from the position of solicitor general for England and Wales on Tuesday in protest at Prime Minister Boris Johnson’s leadership. He posted his resignation letter in a tweet after four other lawm…
Factbox-Scandals faced by British PM Johnson’s government
LONDON (Reuters) – British Prime Minister Boris Johnson faces what looked to be the final blow for his premiership as two senior ministers resigned after tried to apologise for his administration’s latest scandal. Below is a list of scandals Johnson ha…