(Reuters) -Britain’s financial regulator will name Richard Lloyd, who led UK consumer group Which? for five years, as its interim chairman, Sky News reported late on Monday. Lloyd will replace Charles Randell as chairman of the Financial Conduct Author…
Olympics-Rule 50 on political protests a conundrum for athletes in Beijing
By Karolos Grohmann BEIJING (Reuters) – Athletes considering staging political protests during the Beijing 2022 Winter Games will have to negotiate the International Olympic Committee’s Rule 50 which originally banned such behaviour but now offers more…
Sales at Italian fashion group Zegna rise 27% in 2021
MILAN (Reuters) – Sales at Italian fashion company Zegna rose by 27% to 1.29 billion euros ($1.45 billion) last year, the group which recently listed on Wall Street said on Tuesday, forecasting revenue growth in the low-teens for this year. The rise in…
Virgin Money sees rebound in credit card, travel spending
By Sinchita Mitra and Yadarisa Shabong (Reuters) -British bank Virgin Money said on Tuesday credit card spending was back to pre-pandemic levels thanks to pent up demand, while rising interest rates helped to lift its margin forecast for the year. Spen…
Telecoms firms seek patent fees from Toyota, others for connected cars -media
TOKYO (Reuters) – A group of 48 telecoms companies including Japan’s NTT is seeking patent fees from Toyota Motor Corp and other automakers for components used to connect cars to the internet, the Nikkei business daily reported on Tuesday. Nokia, Nippo…
Attenborough, WHO, Tsikhanouskaya among nominees for Nobel Peace Prize
By Nora Buli OSLO (Reuters) – British nature broadcaster David Attenborough, the World Health Organization and Belarusian dissident Sviatlana Tsikhanouskaya are among the nominees for this year’s Nobel Peace Prize after being backed by Norwegian lawmak…
EU to propose final green investment rules for gas, nuclear energy
BRUSSELS (Reuters) – The European Commission will on Wednesday unveil its final proposal for rules on whether gas and nuclear energy should be labelled as green investments in the EU, a spokesperson said. “Tomorrow the college will be looking at the Co…
Britain adds possible reinfections to COVID case numbers
LONDON (Reuters) – Britain has started counting possible COVID-19 reinfections in its daily coronavirus data, changing its approach to reflect the increased number of people catching the disease for a second time as the Omicron variant predominates. Th…
Britain’s GWI raises $180 million from Permira
STOCKHOLM (Reuters) – UK-based GWI, which surveys consumers to aid advertisers, has raised $180 million from private equity firm Permira at a valuation of $850 million. Founded in 2009, GWI has tripled revenues since raising $40 million in its first fu…
After bleak January, world stocks start new month adrift
By Katanga Johnson WASHINGTON (Reuters) -Global equity markets wavered on Tuesday as a new month saw investors weigh strong earnings from big-name U.S. companies against mixed economic data and inflation worries. While U.S. job openings increased to ne…