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☆ Global police agencies take down massive scam website that defrauded thousands of victims
▼ + stars: | 2024-04-18 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Seksan Mongkhonkhamsao | Moment | Getty ImagesA huge fraud website used by thousands of criminals to trick people into handing over personal information such as email addresses, passwords and bank details, has been infiltrated by international police. Britain's Metropolitan Police said in a statement Thursday that the website, called LabHost, was used by 2,000 criminals to steal users' personal details. Police have so far identified just under 70,000 individual U.K. victims who entered their details onto a website linked to LabHost. LabHost obtained 480,000 credit card numbers, 64,000 PIN codes, as well as more than 1 million passwords used for websites and other online services, the Metropolitan Police said. The Metropolitan Police said that up to 25,000 victims in the U.K. have been contacted by police to notify them that their data has been compromised.

Persons: LabHost, Dame Lynne Owens, Owens Organizations: Britain's Metropolitan Police, Police, Metropolitan Police, The Metropolitan Police, Metropolitan Police Service, Intel, Microsoft, Shadowserver Foundation, Trend, Cyber Defence Alliance, National Crime Agency, City of London Police

☆ CNBC Daily Open: Much depends on the September jobs report
▼ + stars: | 2023-10-06 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Bracing for the jobs reportU.S. stocks dipped slightly Thursday as investors braced for the September job report coming out today. Yielding to high yieldsThe 10-year Treasury yield hit 4.8% Tuesday, a 16-year high. That isn't really a surprise, given the surge in U.S. Treasury yields and the September slump in stocks.

Persons: inched, Bond king's, Bill Gross isn't, Gross Organizations: CNBC, Metro Bank, Alstom cratered, Treasury, Federal Reserve Locations: Serbia, Kosovo, Northern Kosovo, Europe, Ukraine, U.S

☆ UK's Metro Bank shares suspended multiple times after plunging more than 25%
▼ + stars: | 2023-10-05 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

LONDON — Shares of Britain's Metro Bank were briefly suspended from trading twice early Thursday, in a volatile session that saw the stock shed more than 29% from the Wednesday close. Investors traded more than 1.6 million shares immediately after the stock market opened Thursday, according to FactSet. Typically, less than 100,000 Metro Bank shares change hands every hour. Metro Bank was valued at £87 million as of the Wednesday close, according to Reuters. As such, the Metro Bank would be subject to higher capital requirements — a concern that has weighed on investors.

Persons: Keefe, Woods, — CNBC's Ganesh Rao Organizations: Britain's Metro Bank, London Stock Exchange, CNBC, Reuters, Metro Bank, Investors, Bank of, Prudential, Authority Locations: London

☆ Morning Bid: Nervy bond bounce on soft jobs and oil
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +5 min

[1/2] A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023. Although both oil and bond yields calmed somewhat overnight, U.S. crude plunged by more than $5 per barrel on Wednesday. The tentative bond bid and shifting interest rate picture stopped the rot in stock markets too, with Wall St stocks rallying on Wednesday and the Nasdaq (.IXIC) staging its biggest daily gain since August. But in a sign of the nervousness, European stock markets stalled again and Wall St futures were back in the red. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, Kevin McCarthy, Michael Barr, Mary Daly, Thomas Barkin, Loretta Mester, Lamb Weston, Christina Fincher Organizations: New York Stock Exchange, REUTERS, Nasdaq, Wall, Metro Bank, U.S, Federal, San Francisco Fed, Richmond Fed, Cleveland Fed, Treasury, Brands, Constellation Brands, Reuters, Thomson Locations: New York City, U.S, Wall, York

☆ Metro Bank shares dip as mortgage risk model change drags
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +1 min

Sept 12 (Reuters) - Britain's Metro Bank (MTRO.L) said on Tuesday that the Bank of England's Prudential Regulation Authority (PRA) would likely not approve its application to use internal credit risk models in its residential mortgages business this year. Shares in the lender fell 7% in early trading as stock-holders reacted to the news. Without permission to use its own risk models, Metro Bank remains subject to higher capital requirements set by the regulator, which have weighed on returns for its investors. "The board retains conviction in the merits of Metro Bank's customer-centric model and strongly believes that there is a significant opportunity set that the company can capitalise on, subject to renewed balance sheet strength," Metro said. "Larger scale is needed to absorb the high, branch-centric expense base which can be achieved only if current capital constraints ... are resolved," Peel Hunt said.

Persons: Peel Hunt, Radhika Anilkumar, Sinead Cruise, Savio D'Souza, Rashmi Aich, Iain Withers Organizations: Britain's Metro Bank, Bank of England's Prudential, Authority, Metro Bank, Metro, Peel, Thomson Locations: Bengaluru, London

☆ UK police searching London park for escaped terrorism suspect
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +1 min

[1/4] Daniel Khalife is shown in a police mugshot released by Metropolitan Police Service on September 6, 2023. Courtesy of Metropolitan Police Service/Handout via REUTERS Acquire Licensing RightsLONDON, Sept 8 (Reuters) - Britain's Metropolitan Police said on Friday searches taking place in London's Richmond Park were linked to the hunt for a former army soldier suspected of terrorism offences. London's LBC radio said police helicopters had been seen circling the park in west London early on Friday. He is also charged with obtaining information which might be "directly or indirectly useful to an enemy". Reporting by William James; editing by Sarah Young and Elizabeth PiperOur Standards: The Thomson Reuters Trust Principles.

Persons: Daniel Khalife, Daniel Abed Khalife, strapping, Khalife, William James, Sarah Young, Elizabeth Piper Organizations: Metropolitan Police Service, REUTERS Acquire, Metropolitan Police, London's HMP, LBC, Thomson Locations: London's Richmond, London's, London's HMP Wandsworth, London, England

☆ Wimbledon day three
▼ + stars: | 2023-07-05 | by ( ) www.reuters.com time to read: +2 min

LONDON, July 5 (Reuters) - Highlights of the third day at the Wimbledon tennis championships on Wednesday (times GMT):1210 PLAY SUSPENDEDPlay has been suspended on all outside courts at Wimbledon due to rain. The start of the Court One match between Briton Arthur Fery and Russian third seed Daniil Medvedev has also been delayed. loadingFederer, who has won Wimbledon a record eight times, sat in the Royal Box on Centre Court on Tuesday. 1005 NO PLAY ON OUTER COURTS DUE TO RAINLight rain forced organisers to push the start of play on the outdoor courts to 1030. Organisers are playing catch-up after 69 matches on the outside courts were cancelled on Tuesday due to torrential rain.

Persons: Briton Arthur Fery, Daniil Medvedev, Thompson, Wednesday King Federer, Wimbledon Jabeur, Udvardy Mighty Murray, Alcaraz, Federer, Rybakina, Kontaveit, Lucrezia Stefanini, FEDERER, Hritika Sharma, Rohith Nair, Aadi Nair, Ed Osmond Organizations: Wimbledon, Wednesday, Udvardy, Federer, All England, Court, Britain's, Thomson Locations: Russian, Alcaraz, Saudi Arabia, Estonian, England

☆ Djokovic faces Kyrgios-backed Thompson as Wimbledon organisers pray for sun
▼ + stars: | 2023-07-04 | by ( Aadi Nair | ) www.reuters.com time to read: +3 min

Defending champion Djokovic faces Thompson on Wednesday, and though the odds will be heavily stacked in the Serbian's favour, his 70th-ranked opponent has an ace up his sleeve, having consulted with Kyrgios ahead of the second-round clash. "Nick's beaten him a couple of times," Thompson told reporters on Monday. It's not every day you play Novak at Wimbledon. Third seed Daniil Medvedev and fifth seed Stefanos Tsitsipas will also complete their postponed first-round matches. Women's top-10 seeds Maria Sakkari, Petra Kvitova and Barbora Krejcikova will play their opening matches of the tournament.

Persons: Novak Djokovic, Nick Kyrgios, Jordan Thompson's, Djokovic, Thompson, Nick's, Nick doesn't, It's, Novak, Casper Ruud, Andrey Rublev, Stan Wawrinka, Daniil Medvedev, Stefanos, Iga Swiatek, Sara Sorribes Tormo, Victoria Azarenka, Caroline Garcia, Maria Sakkari, Petra Kvitova, Barbora, Aadi Nair, Toby Davis Organizations: Wimbledon, Djokovic, All England, Britain's Met, Thomson Locations: Tunisian, French, Bengaluru

LONDON, May 17 (Reuters) - For the first time ever, global temperatures are now more likely than not to breach 1.5 degrees Celsius (2.7F) of warming within the next five years, the World Meteorological Organization said on Wednesday. But that did not necessarily mean the world would cross the long-term warming threshold of 1.5C above preindustrial levels set out in the 2015 Paris Agreement. Partially responsible for boosting the chance of hitting 1.5C is an El Niño weather pattern expected to develop in the coming months. During this natural phenomenon, warmer waters in the tropical Pacific heat the atmosphere above, spiking global temperatures. The El Niño "will combine with human-induced climate change to push global temperatures into uncharted territory", said WMO Secretary-General Petteri Taalas in a press statement.

[1/2] Royal fans wait on the Mall outside Buckingham Palace ahead of the coronation of Britain's King Charles and Camilla, Queen Consort, in London, Britain, May 5, 2023. REUTERS/Maja SmiejkowskaLONDON, May 5 (Reuters) - Heavy bursts of rain could dampen King Charles' coronation celebrations in London on Saturday, according to Britain's Met Office forecaster. Charles is due to leave Buckingham Palace and travel along a mile-long ceremonial procession through the capital before the coronation ceremony at 1000 GMT. If it does rain on his parade, Charles will not be alone: the last two monarchs endured wet weather on their big day according to Met Office data. The coronation of Queen Elizabeth in June 1953 saw "light rain throughout the day" while 8.2 millimetres (0.32 inches) of rain fell during George VI's 1937 crowning.

☆ British police officer pleads guilty to 49 counts of rape, sexual assault, and other crimes, as head of London's Metropolitan Police says: 'We've let women and girls down'
▼ + stars: | 2023-01-16 | by ( Reed Alexander | ) www.businessinsider.com time to read: +4 min

David Carrick, a former British police officer, pled guilty to dozens of counts of rape and sexual assault. By failing to stop Carrick sooner, the head of the Metropolitan Police said the agency "let women and girls down." David Carrick, 47, a former armed officer with the Metropolitan Police, pled guilty to six counts, including rape and sexual assault, at Southwark Crown Court in London on Monday. He previously pled guilty to committing 43 offenses — including 20 counts of rape and several counts of sexual assault as well as controlling or coercive behavior — in December, the UK's Crown Prosecution Service said. Metropolitan Police/Media UseGoing forward, the Metropolitan Police said, Carrick's crimes have laid the foundation for new protocols to deal with offenders within law enforcement's own ranks.

☆ Britain's Metro Bank returned to profit in September, sees no customer stress
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: 1 min

LONDON, Nov 2 (Reuters) - Metro Bank said on Wednesday it returned to profit in September by keeping a tight rein on costs and has so far seen no sign of increased stress among its customers as Britain grapples with higher interest rates and an escalating cost of living crisis. The bank set aside a 10 million pound ($11.49 million) provision in case of losses on loans, and it expects its net interest margin to continue to increase through 2023 as interest rates climb. "There has been no deterioration in early warning indicators and no signs of stress or increased delinquency across the customer base," the bank said in third quarter trading update. ($1 = 0.8703 pounds)Reporting by Huw Jones, editing by Sinead CruiseOur Standards: The Thomson Reuters Trust Principles.

Similar numbers fled in Greece as a blaze fuelled by gale-force winds raged in mountains north of Athens. ABOVE 40CIn Spain, where emergency crews were fighting fires in five regions, national weather service AEMET also forecast higher temperatures. REUTERS/Stelios MisinasTreasury Minister Simon Clarke said Tuesday's "remarkable, unprecedented" record served as "a reminder ... of the importance of tackling climate change." British engineers raced on Wednesday to fix train tracks that buckled in the heat after firefighters worked through the night to damp down wildfires. In southern Europe, far larger wildfires continued to rage.

Persons: Armando Silva, Stephen Belcher, Stelios Misinas, Simon Clarke, Tuesday's, Emmanuel Macron, Eugenio Giani, Christos Stylianides, Marc Fesneau, Manuel Lopes, Renee Maltezou, Angeliki Koutantou, Karolina Tagaris, Dominique Vidalon, Mathieu Rosemain, Sudip Kar, Gupta, Kate Holton, William James, Emma Pinedo, Catarina Demoney, John Stonestreet, Nick Macfie, Alex Richardson, Mark Heinrich Our Organizations: China, Emergency, Science, Technology, Britain's Met, REUTERS, European Union, Fincantieri, Thomson Locations: Tuscany, Athens, ATHENS, LONDON, Europe, London, Italy, Lucca, Greece, China, Texas , Louisiana, Arkansas, Central U.S, Portugal, Spain, Portugal's, Murça, Trieste, Rome, Milan, Florence, Britain, Pallini, France, Croatia, Slovenia, Monfalcone, Penteli, Gironde, Paris, Madrid, Lisbon

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