(Reuters) – Russian steel producer NLMK on Tuesday said that it would submit a request to continue trading of its depositary receipts on the London Stock Exchange. The request will be considered by Russia’s government commission for foreign investment …
Deliveroo found guilty of abusing riders’ rights in France
By Mathieu Rosemain PARIS (Reuters) – Two former bosses of Deliveroo were given suspended one-year prison sentences and fined 30,000 euros ($32,380) by a French court on Tuesday for abusing the freelance status of riders working for the British takeawa…
Biden, Johnson, Trudeau pledge artillery for Ukraine in battle against Russia
WASHINGTON (Reuters) -U.S. President Joe Biden, British Prime Minister Boris Johnson and Canadian Prime Minister Justin Trudeau pledged on Tuesday to send more artillery weaponry to Ukraine in the face of an all-out Russian assault on that country’s Ea…
IMF official says split into competing systems would be ‘disaster’ for global economy
WASHINGTON (Reuters) – The world is on a path to a more multipolar world given the rise of emerging markets in the global economy, but it would be disastrous if the global economy fragmented into competing systems with different standards, a top IMF of…
UK parliament can debate PM Johnson’s comments over lockdown breach – speaker
LONDON (Reuters) -Britain’s House of Commons speaker Lindsay Hoyle said he would allow the opposition Labour Party to put forward a motion for debate in parliament on Thursday around whether Prime Minister Boris Johnson misled lawmakers over breaching …
UK energy CEOs urge government action on ‘horrific’ price surge
By Susanna Twidale LONDON (Reuters) -CEOs from four of Britain’s leading energy suppliers called for more government action to cushion the impact of prices that are expected to surge in October ahead of peak winter demand. Power and gas prices for mill…
UK plans to revoke Moscow Stock Exchange’s status as a recognised exchange
LONDON (Reuters) – Britain said on Tuesday it planned to revoke the Moscow Stock Exchange’s status as a recognised stock exchange in response to Russia’s invasion of Ukraine, a move which would remove some tax relief for investors. “Revoking Moscow Sto…
UK PM Johnson to speak with U.S. and other world leaders about Ukraine
LONDON (Reuters) -British Prime Minister Boris Johnson will speak to U.S. President Joe Biden and other world leaders later on Tuesday to discuss toughening sanctions against Russia and further support for Ukraine, Johnson’s spokesman said. Leaders fro…
UK shares fall as consumer staples stocks, brokerage actions weigh
By Devik Jain (Reuters) -UK shares closed lower on Tuesday, weighed by concerns about a slowdown in global economic growth and a series of negative brokerage actions, while electrical engineering firm Spectris climbed after announcing a unit sale and s…
Boxing-Briton Khan says he was robbed at gunpoint in London
(Reuters) – British boxer Amir Khan said he had been robbed at gunpoint in in London but that both he and his wife were unharmed in the incident. “Just had my watch taken off me at gun point in East London, Leyton,” Khan wrote on Twitter. “I crossed th…