LONDON (Reuters) – The world has moved on from former British prime minister Boris Johnson and the governing Conservative Party and the rest of the country do not miss the drama of his period in office, energy minister Grant Shapps said on Sunday. Johnson quit parliament late on Friday in protest against an investigation by…
By Martyn Herman ISTANBUL (Reuters) -Manchester City finally expanded their domestic domination across the continent as they beat Inter Milan 1-0 with a second-half Rodri goal to win the Champions League for the first time and complete a rare treble on a nervous Saturday evening. Pre-match talk of a stroll to European soccer’s most-cherished crown…
LONDON (Reuters) – “Call of Duty” maker Activision Blizzard has been given permission to intervene in Microsoft’s legal battle with Britain’s anti-trust regulator over its decision to block the $69 billion takeover. Microsoft is appealing against the Competition and Markets Authority’s (CMA) decision to veto the deal, which it did in April on the grounds…
By Andy Bruce LONDON (Reuters) -Old rifts resurfaced in Britain’s ruling Conservative Party on Saturday following former Prime Minister Boris Johnson’s abrupt resignation from parliament, while the opposition Labour Party sensed opportunity ahead of a general election next year. Johnson quit late on Friday in protest against an investigation by lawmakers into his conduct as…
By Nell Mackenzie, Sinead Cruise and Naomi Rovnick LONDON (Reuters) – Big banks and investors quickly sought to distance themselves from Odey Asset Management after allegations of sexual misconduct by its founder, yet for some in the City of London signs of a deeper change in culture are still scant. The Financial Times and Tortoise…
By Andrew MacAskill and Andy Bruce LONDON (Reuters) -Former British Prime Minister Boris Johnson abruptly quit as a member of parliament on Friday in a furious protest against lawmakers investigating his behaviour, reopening deep divisions in the ruling Conservative Party ahead of a general election expected next year. Johnson had been under investigation by a…
By Karen Brettell NEW YORK (Reuters) – The dollar bounced off two-week lows on Friday as investors awaited inflation data and the Federal Reserve’s interest rate decision next week for any new clues on how high the U.S. central bank is likely to hike rates. The Fed is expected to hold rates steady at its…
By Katherine Masters NEW YORK (Reuters) – A gulf in spending patterns between wealthy Americans and so-called “aspirational” shoppers is driving luxury retailers to search out new sources of revenue and, in some cases, to shift their merchandise strategies, several retailers said. Jewelry company Signet , which owns brands including Kay, Jared and Zales, was the…
By Shariq Khan BENGALURU (Reuters) – Oil prices fell more than a dollar a barrel on Friday to record a second straight weekly decline, as disappointing Chinese data added to doubts about demand growth after Saudi Arabia’s weekend decision to cut output. Brent crude futures fell $1.17, or 1.5%, to settle at $74.79 a barrel,…
By Tatiana Bautzer and Jonathan Stempel NEW YORK (Reuters) – Lawyers for Jeffrey Epstein victims who are suing JPMorgan Chase over its ties to the disgraced financier on Friday asked a judge to require Chief Executive Jamie Dimon and two other bank officials to sit for new depositions. In a letter to U.S. District Judge…
