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Historic Crown to Be Modified for King Charles’s Coronation
Date: December 5, 2022
LONDON (Reuters) – The historic St Edward’s Crown, which has been the centrepiece of the coronation of monarchs in England for more than 350 years, has been removed from the Tower of London to be modified for the coronation of King Charles III next May, Buckingham Palace said. The crown, which usually forms part of...
Greece PM Senses “momentum” in “Elgin Marbles” Talks With Britain
Date: November 29, 2022
LONDON (Reuters) – Greece’s Prime Minister Kyriakos Mitsotakis said on Monday there was “progress” and a sense of “momentum” in talks with Britain to reunite the Parthenon Sculptures in Greece. Athens has campaigned to have the “Elgin Marbles”, as they are often known – 75 metres of Parthenon frieze, 15 metopes and 17 sculptures –...
EU Sets Out Plans to Shift Derivatives Clearing From London to Frankfurt
Date: November 29, 2022
By Huw Jones LONDON (Reuters) -Banks and other market participants in the European Union will have to prove to regulators that they are not overly reliant on clearing houses in London for processing their derivatives transactions, an EU draft document seen by Reuters showed. The EU has long wanted to end heavy reliance on London-based...
King Charles Hosts First State Visit for S.Africa’s Ramaphosa
Date: November 22, 2022
LONDON (Reuters) – King Charles will host his first state visit since his accession to the British throne when he welcomes South African President Cyril Ramaphosa to Buckingham Palace on Tuesday. Charles, 74, has played a leading role in many of the recent official visits by the 112 foreign heads of state during the record-breaking...
FTSE 100 Opens Higher, Informa Leads Gains
Date: November 14, 2022
(Reuters) – UK’s export-oriented FTSE 100 edged higher on Monday as a weaker pound offered support, with shares of Informa jumping to the top of the index after an upbeat earnings outlook. The blue-chip FTSE 100 was up 0.5% by 0807 GMT. The domestically-focused FTSE 250 midcap index rose 0.1% after logging its best week...
Euronext Italian Arm to Become Group-Wide Clearer From End 2023
Date: November 4, 2022
By Huw Jones LONDON (Reuters) – Pan-European stock exchange Euronext said on Thursday that customers will be able to clear all share trades at its Italian arm from the end of 2023, a move that ends reliance on a London Stock Exchange Group (LSEG) unit in Paris. Euronext, which operates exchanges in Paris, Amsterdam, Brussels,...