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Image for BoE’s Mann says better to err towards over-tightening rates

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BoE’s Mann says better to err towards over-tightening rates

Image for Global companies to hike security spending as threats rise – survey

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Global companies to hike security spending as threats rise – survey

Image for Ripe for change? Activist investors eye food, consumer goods firms

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Ripe for change? Activist investors eye food, consumer goods firms

Image for Red Cross cuts 2024 budget as donations fall

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Red Cross cuts 2024 budget as donations fall

Image for AstraZeneca shares fall 4% to 7-1/2 week low

AstraZeneca shares fall 4% to 7-1/2 week low

Date: September 11, 2023

AstraZeneca shares fall 4% to 7-1/2 week low LONDON (Reuters) -Shares in London-listed drugmaker AstraZeneca fell more than 4% on Monday, sliding to their lowest since July 19. Three analysts and one AstraZeneca shareholder told Reuters they attributed the move to a report in the Mail on Sunday newspaper saying that the drugmaker’s Chief Executive...

Image for BMW to invest $750 million in UK plants to take Mini fully electric

BMW to invest $750 million in UK plants to take Mini fully electric

Date: September 11, 2023

BMW to invest $750 million in UK plants to take Mini fully electric By Nick Carey LONDON (Reuters) -BMW said on Monday it will invest 600 million pounds ($750 million) in its UK plants to take its Mini brand all-electric by 2030, giving a fresh boost to Britain’s car industry after years of Brexit-related uncertainty....

Image for All of UK retailer Wilko’s stores to shut, risking 12,500 jobs

All of UK retailer Wilko’s stores to shut, risking 12,500 jobs

Date: September 11, 2023

All of UK retailer Wilko’s stores to shut, risking 12,500 jobs LONDON (Reuters) -Failed retailer Wilko will disappear from British high streets next month, as its entire chain of 400 homeware stores close, with the likely loss of all 12,500 jobs, a trade union said on Monday. The GMB union said, citing Wilko’s administrators, that...

Image for England confirms 34 COVID cases linked to highly mutated variant – UKSHA

England confirms 34 COVID cases linked to highly mutated variant – UKSHA

Date: September 8, 2023

England confirms 34 COVID cases linked to highly mutated variant – UKSHA (Reuters) – UK Health Security Agency (UKSHA) said on Friday that 34 COVID-19 cases linked to the highly mutated variant BA.2.86 had been identified in England. The Omicron offshoot carries more than 35 mutations in key portions of the virus compared...

Image for G20 chair India says leaders’ statement almost ready

G20 chair India says leaders’ statement almost ready

Date: September 8, 2023

G20 chair India says leaders’ statement almost ready NEW DELHI (Reuters) – The G20 leaders’ communique is almost ready to be presented to those attending the weekend summit of the group, India’s G20 sherpa said on Friday, adding that the statement will be a “voice” of the global south and developing countries. India, which holds...

Image for Italy, France agree to postpone closure of Mont Blanc tunnel by a year

Italy, France agree to postpone closure of Mont Blanc tunnel by a year

Date: September 8, 2023

Italy, France agree to postpone closure of Mont Blanc tunnel by a year MILAN (Reuters) – Key maintenance works on the Mont Blanc tunnel between Italy and France have been postponed until September next year, Italy’s transport ministry said, after the partial closure of an alternative Alpine route caused major traffic disruptions in recent weeks....