(Reuters) – THG’s shares surged 27% in early trading on Friday after the e-commerce company rejected a takeover proposal from two investment groups and saw buyout interest from property tycoon Nick Candy. THG had late on Thursday rebuffed a proposal of…
Zurich Insurance to exit Russia by selling business to local team
By Brenna Hughes Neghaiwi ZURICH (Reuters) – Zurich Insurance has agreed to sell its Russian business to members of the local team, it said on Friday, as the Swiss insurer became the latest Western firm to exit Russia. It joins a list of companies that…
Dollar catches a break after bruising week as investors turn risk averse
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar rose against the euro on Friday, as investor unease about the potential economic fallout from Federal Reserve’s efforts to squash inflation bubbled to the surface, souring risk sentiment on Wall…
Locked-down Shanghai finds new cases, breaking “zero COVID” streak
By Brenda Goh and Martin Quin Pollard SHANGHAI/BEIJING (Reuters) – Shanghai announced its first new COVID-19 cases outside quarantined areas in five days on Friday and imposed stricter curbs in two districts, but did not signal any change to the planne…
Oil edges up as supply risks counter economic growth worries
By Scott DiSavino NEW YORK (Reuters) -Oil prices edged up on Friday as a planned European Union ban on Russian oil and easing of COVID-19 lockdowns in China countered concerns that slowing economic growth will hurt demand. Brent futures for July delive…
Vangelis, composer of ‘Chariots of Fire’ score, dies at 79
By James Mackenzie and Karolina Tagaris ATHENS (Reuters) – Vangelis, the Greek composer whose rousing electronic theme music for the Oscar-winning 1981 film “Chariots of Fire” became one of the most loved movie scores, has died at the age of 79. The la…
Soccer-Calvert-Lewin secures Everton survival in epic win over Palace
LIVERPOOL, England (Reuters) -Everton secured their Premier League status as Dominic Calvert-Lewin scored five minutes from time to snatch a thrilling 3-2 victory over Crystal Palace after they rallied from two goals down at a rocking Goodison Park on …
Britain offers smallpox shot as monkeypox cases spread in Europe
By Jennifer Rigby LONDON (Reuters) – A smattering of monkeypox cases in Britain has prompted authorities to offer a smallpox vaccine to some healthcare workers and others who may have been exposed, as a handful more cases were confirmed in parts of Eur…
PM Johnson escapes further fines as London police end ‘partygate’ inquiry
By Michael Holden and Kylie MacLellan LONDON (Reuters) – British police ended their investigation on Thursday into COVID-19 lockdown parties held at Prime Minister Boris Johnson’s Downing Street office, having handed out 126 fines in a scandal that had…
UK lottery winner says she was ready for record $228 million jackpot
LONDON (Reuters) – A married couple from England announced on Thursday that they had landed Britain’s biggest-ever lottery jackpot of 184 million pounds ($228.4 million), and one of the lucky winners said she had always felt destined to land a huge pri…