LONDON (Reuters) – A British government investigation into gatherings at Prime Minister Boris Johnson’s Downing Street residence will continue, a cabinet office spokesperson said on Tuesday, despite police saying they will investigate the alleged lockd…
High-end cognacs lift spirits at Remy Cointreau
By Dominique Vidalon PARIS (Reuters) -Remy Cointreau is confident demand for its premium cognac in China, the United States and Europe will underpin profit growth this year after the French spirits group beat third-quarter sales forecasts. The maker of…
German firms fear supply chain pain from China’s battle with Omicron
By Christian Kraemer BERLIN (Reuters) – German companies doing business in China are worried the Omicron coronavirus variant will trigger more strict lockdown measures from Beijing that could exacerbate supply chain problems, the DIHK Chamber of Commer…
U.S. orders departure of Ukraine embassy staff family members
By David Shepardson and Costas Pitas WASHINGTON (Reuters) -The United States on Sunday ordered the departure of family members of staff at its embassy in Ukraine, citing the continuing threat of military action from Russia. The U.S. State Department al…
UK PM virtually meets with world leaders to discuss Ukraine situation
(Reuters) – UK Prime Minister Boris Johnson virtually met with leaders of the U.S., Italy, Poland, France, Germany, European Council, European Commission, and NATO to discuss the Ukraine situation, Downing Street said in a statement on Monday. “The lea…
UK government commits 32 million pounds for floating wind projects
By Nina Chestney LONDON (Reuters) – The British government said on Tuesday it will commit nearly 32 million pounds ($42 million) to fund the development of floating offshore wind projects to help lessen its dependence on gas, the price of which has inc…
Bitcoin bounces off six month lows as buyers step in
By Karen Brettell and Tom Wilson NEW YORK/LONDON (Reuters) – Bitcoin gained on the day on Monday as buyers stepped in to buy the cryptocurrency, after earlier tumbling to its lowest level in six months on fears of a Russian attack on Ukraine and before…
UK junior minister quits over ‘woeful’ efforts to stop COVID loan fraud
By William James LONDON (Reuters) -A British junior government minister resigned on Monday in protest at what he said were “woeful” efforts to stop the fraudulent abuse of coronavirus support schemes. Theodore Agnew, a Conservative who sits in parliame…
Marketplace bug sees at least $1 million of NFTs sold below market price
By Elizabeth Howcroft LONDON (Reuters) – A bug in the largest NFT marketplace, OpenSea, allowed attackers to purchase at least $1 million worth of NFTs across multiple different wallets for significantly below market price, blockchain analytics firm El…
UK’s Amigo says CFO Mike Corcoran to step down
(Reuters) -British subprime lender Amigo Holdings said on Monday Chief Financial Officer Mike Corcoran will step down immediately, on a day where its shares fell as much as 62% after the firm flagged potential insolvency. Amigo earlier in the day said …