London
European markets close higher as mining stocks lead gains; Just Eat Takeaway shares up 12%
LONDON — European stocks advanced on Monday as international markets gear up for key U.S. data releases, including the latest inflation reading. The pan-European Stoxx 600 provisionally ended up 1%, with mining stocks climbing 2.7% to lead gains as most sectors and major bourses closed in positive territory. Just Eat Takeaway shares jumped around 12% […]
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‘There is hope’: Prince William in rallying cry for the environment
Prince William delivers a speech in London on June 4, 2022. In his speech, the Duke of Cambridge said “decades of making the case for taking better care of our world” meant environmental issues were “now at the top of the global agenda.” Daniel Leal | AFP | Getty Images Prince William issued a rallying […]
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Queen Elizabeth thanked for being ‘still in the saddle’ after 70 years
A general view of the National Service of Thanksgiving at St Paul’s Cathedral, during Britain’s Queen Elizabeth’s Platinum Jubilee celebrations, in London, Britain, June 3, 2022. Dan Kitwood | Pool | Reuters Horse-loving Queen Elizabeth was thanked for being “in the saddle” for 70 years as head of state at a service on Friday to […]
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Thousands gather to salute Queen Elizabeth as Platinum Jubilee celebrations begin
Visitors walk along the Mall towards Buckingham Palace ahead of the Queen’s Platinum Jubilee celebrations in central London, UK, on Wednesday, June 1, 2022. The bank holiday to celebrate Queen Elizabeth IIs 70 years on the throne may tip the UK economy into contraction but growth into subsequent months will save it from a recession. […]
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European VCs urge tech start-ups to slash costs and extend the runway
skaman306 | Moment | Getty Images European venture capitalists are advising start-ups in their portfolios to cut costs and freeze hiring as economists warn that another recession is inevitable. Their counterparts in Silicon Valley are doing the same. Following a bumper 2021 that was full of IPOs and mega funding rounds, some of the most […]
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Actor Kevin Spacey charged with sexually assaulting three men, U.K. prosecutors say
Kevin Spacey attends the Build Series to discuss his new play ‘Clarence Darrow’ at Build Studio on May 24, 2017 in New York City. Daniel Zuchnik | WireImage | Getty Images Actor Kevin Spacey has been charged with sexually assaulting three men in the U.K. from 2005 to 2013, Britain’s Crown Prosecution Service said Thursday. […]
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French billionaire’s stake in BT probed under Britain’s tough new security law
Altice founder Patrick Drahi, left, and co-founder Armando Pereira pose for photos outside the New York Stock Exchange, before the company’s IPO, Thursday, June 22, 2017. Richard Drew | AP The U.K. has launched probes into two major technology deals under its new National Security and Investment Act as it moves to protect its most […]
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British government approves Boehly’s £4.25 billion Chelsea takeover
Todd Boehly pictured after the Premier League match between Chelsea and Watford at Stamford Bridge, London on Sunday 22nd May 2022. On 25th May, the U.K. government approved the £4.25bn Boehly-led consortium’s takeover of Chelsea. Ivan Yordanov/MI News | Nurphoto | Getty Images The government has approved the £4.25bn Todd Boehly-led consortium takeover of Chelsea. […]
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European stocks close lower as UK inflation hits 40-year high; Stoxx 600 down 1.1%
LONDON — European stocks closed lower on Wednesday as fears over inflation rattled markets on either side of the Atlantic. Stock picks and investing trends from CNBC Pro: Global markets have remained bogged down by fears of aggressive monetary policy tightening and slowing economic growth. Earnings before the bell came from ABN AMRO, Burberry, British […]
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‘Londongrad’: How Russia’s war exposed the dark side of luxury London
Following Russia’s invasion of Ukraine, and resultant sanctions on President Putin’s oligarch elite, a spotlight has been firmly cast on the British capital and its complicity as a store for dirty money. When Russia mounted its war in Ukraine in February 2022, Britain was one of the first Western allies to impose sanctions on the […]
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