(Reuters) – British chipmaker Arm Ltd is building its own semiconductor to showcase the capabilities of its products, as it seeks to attract new customers and fuel growth following its Initial Public Offering (IPO) later this year, the Financial Times reported on Sunday. Arm will team up with manufacturing partners to develop the new semiconductor,…
LONDON (Reuters) – Meghan, the wife of Britain’s Prince Harry, criticised the British media on Saturday over reports that letters exchanged with King Charles played a part behind her decision not to attend his coronation, her latest confrontation with the press. The Daily Telegraph reported Meghan had written to the now king to express her…
MADRID (Reuters) – The daughter of an environmentalist imprisoned by Iran said on Saturday she had lost confidence in U.S. President Joe Biden’s efforts to free her father. Morad Tahbaz, an Iranian-American who also holds British citizenship, has served five years of a 10-year sentence after being convicted of spying. He was briefly released to…
LONDON (Reuters) – A serving member of Britain’s armed forces has been charged with offences under the Official Secrets Act after an investigation by counter-terrorism police, London’s Metropolitan police said on Saturday. The Met said 36-year-old Thomas Newsome was initially arrested on April 18 and was charged late on Friday. He will appear at Westminster…
(Reuters) -Swiss lender Zuercher Kantonalbank, known locally as ZKB, has held takeover talks with GAM Holding AG, the Financial Times reported on Saturday, citing people familiar with the matter. ZKB is one of several companies considering a purchase of Zurich-headquartered asset manager GAM, the newspaper said. London-listed Liontrust Asset Management said earlier this week it…
LONDON (Reuters) – The Confederation of British Industry (CBI) trade organisation has suspended all policy and membership work until June after a slew of businesses quit following staff complaints about workplace misconduct and allegations of rape by two women. Below is some information about the CBI and its role: WHAT IS THE CBI? Founded in…
By Guy Faulconbridge MOSCOW (Reuters) – Russia’s richest people added $152 billion to their wealth over the past year, buoyed by high prices for natural resources and rebounding from the huge loss of fortunes they experienced just after the Ukraine war began, Forbes Russia said. Russia has 110 official billionaires in the list, up 22…
By Erwin Seba HOUSTON (Reuters) -Oil prices edged higher on Friday on strong economic data in the euro zone and Britain, but futures fell for the week as interest rate and demand uncertainty weighed. Brent futures settled up 56 cents at $81.66 per barrel. U.S. West Texas Intermediate crude (WTI) rose 50 cents to $77.87…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar was little changed to slightly higher against major currencies on Friday, as business activity data suggested that the world’s largest economy remained resilient, supporting expectations of another 25-basis-point interest rate increase by the Federal Reserve at next month’s policy meeting. Against commodity currencies, the greenback…
LONDON (Reuters) – Former Barclays investor Edward Bramson on Friday questioned how the British bank and its chairman Nigel Higgins vetted its ex-CEO Jes Staley over his earlier business ties to sex trafficker Jeffrey Epstein. Activist investor Bramson said in a letter seen by Reuters that Higgins had told him that he had never asked…
