(Reuters) – VEON anticipates “material” impairment charges this year from the war in Ukraine, its second biggest market, but it still has to assess them, the Amsterdam-listed mobile operator said on Thursday. “We anticipate that we will report material…
Dollar hits 20-yr high as yen tumbles on dovish Bank of Japan
By Karen Brettell NEW YORK (Reuters) – The dollar hit a 20-year high against rivals on Thursday as the Bank of Japan doubled-down on its dovish policy, sending the yen to its weakest level since 2002, while the euro hit a five-year low on growth concer…
StanChart profit beats estimates, flags bullish outlook on rising rates
By Anshuman Daga and Lawrence White SINGAPORE/LONDON (Reuters) – Standard Chartered posted a forecast-beating 6% rise in first-quarter profit, sending its shares 10% higher, as the emerging-markets focused lender benefited from rising interest rates ai…
SpaceX capsule carrying latest astronaut crew docks with International Space Station
By Joe Skipper and Steve Gorman CAPE CANAVERAL, Fla. (Reuters) – Four astronauts, three from NASA and one from the European Space Agency, arrived ahead of schedule at the International Space Station (ISS) on Wednesday and docked their SpaceX capsule, j…
Cryptoassets could be seized to stop crime, UK government says
By Huw Jones LONDON (Reuters) – Cryptoassets could be seized to help combat economic crime, Britain’s government said on Thursday, but its proposal stopped short of the radical overhaul called for by lawmakers who want a single crime-busting agency. Ba…
UK car production in March weakest since ’09 financial crisis – SMMT
(Reuters) – Car production in Britain fell by about a third last month, marking the weakest March since the financial crisis in 2009, as an ongoing global shortage of chips and the Ukraine conflict roiled manufacturers, industry data showed on Thursday…
UK companies under-reporting workplace injuries to investors – PIRC
By Simon Jessop LONDON (Reuters) – Britain’s biggest listed companies are routinely under-reporting workplace injuries and fatalities to investors, a report by corporate governance advisory firm PIRC said on Thursday. PIRC, which advises investors with…
EU to suspend tariffs on Ukraine imports for one year, Kyiv grateful
BRUSSELS (Reuters) -The European Commission proposed on Wednesday a one-year suspension of import duties on all Ukrainian goods not covered by an existing free trade deal to help the country’s economy during the war with Russia. The measures will apply…
India’s Reliance, Apollo Global plan joint bid for Walgreens’ Boots business
(Reuters) -Indian conglomerate Reliance Industries Ltd and U.S. buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots, a spokesperson for Apollo confirmed on Wednesday. The Financial Times, which first re…
Britain to sell Channel 4 to ‘unleash’ broadcaster’s potential
By Paul Sandle LONDON (Reuters) -Britain’s government said it will set out plans to sell Channel 4, the publicly owned but commercially funded broadcaster established in the 1980s, in a policy paper on Thursday. Channel 4 was created by Conservative Pr…