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India slammed the U.K.'s decision to exclude vaccinated Indian travelers from its new travel guidelines, calling it "discriminatory" and warning of reciprocal measures. The British government will next month allow fully vaccinated travelers from a list of countries to skip quarantine upon arrival — but Indians who are fully vaccinated will still need to be quarantined. The U.K. last week eased travel restrictions for fully vaccinated individuals from 17 countries and territories, including Japan and Singapore, saying they would not have to stay in quarantine for 10 days after arriving in England. The approved vaccines are: Oxford/AstraZeneca, Pfizer-BioNTech, Moderna or Janssen. It has been approved for emergency use by the World Health Organization.
Organizations: AstraZeneca, Pfizer, BioNTech, Moderna, Janssen, Oxford University and British, Swedish pharma, Serum Institute of India, World Health Organization Locations: India, British, Japan, Singapore, England, Oxford
The Citi/YouGov monthly inflation expectations survey showed that public inflation expectations for the next 12 months jumped to 4.1% in September from 3.1% in August, the biggest monthly increase since the survey began more than 15 years ago. Longer-term inflation expectations for the next five to 10 years rose to 3.8% in September from 3.5% in August. “Today’s data, especially the movement in long-term expectations, suggest growing risks inflation expectations could become de-anchored to the upside. Citi’s survey contrasts with a much smaller increase in inflation expectations in a poll for August which the BoE published last week. Inflation expectations tend to be pushed up by short-term rises in the current rate of inflation.
Persons: Simon Dawson, , , BoE Organizations: Oxford, REUTERS, Simon Dawson LONDON, Bank of England, Citi, Monetary, ” Citi, Financial Locations: London, Britain, British
REUTERS/Phil NobleThe closures had led to fears that the production of a wide range of food and drinks could be shut down within days. WHY IS CARBON DIOXIDE IMPORTANT? Carbon dioxide is sold through a mixture of contracts and spot sales. This effectively removed a large chunk of supply from the market and there have been reports that carbon dioxide suppliers were not scheduling beyond 24 hours in advance. <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^UK strikes deal for CO2 producer CF to restart operationsBritain may give state loans to energy companies as gas prices surge[16:37] Boyle, Jonathan A.
Persons: Phil Noble, it’s, Ince, Boyle, Jonathan A Organizations: REUTERS, Fertilisers, Linde, Air, CF Locations: Britain, Manchester, Billingham, England
(Updates prices)Sept 21 (Reuters) - Sterling held near four-week lows on Tuesday as investors evaluated the direction the Bank of England would take at an upcoming policy meeting, while broader risk sentiment remained under pressure due to Chinese property company Evergrande’s debt troubles. Some analysts cited the next support for the pound at its August low of $1.3602. The pound also received some support from a record $137 billion demand for its first “green” government bond amounting to $10 billion. In an important week for monetary policy, the Federal Reserve and BoE are among a dozen central banks hosting their meetings, which kept major currencies confined to their well-trodden ranges. Against the euro, the British currency was slightly stronger at 85.90 pence, but still hovered around a two-week low.
Persons: Sterling, BoE, , Esther Reichelt Organizations: Bank of England, Federal Reserve Locations: London
Prince Andrew is served sexual assault lawsuit in United States
  + stars: | 2021-09-21 | by ( ) www.nbcnews.com   time to read: +2 min
NEW YORK — Britain's Prince Andrew has been served with a sexual assault lawsuit in the United States by lawyers for a woman who says she was forced to have sex with him at the London home of a friend of convicted sex offender Jeffrey Epstein, court papers show. Giuffre's lawyers previously said they also served Andrew, who is Queen Elizabeth's second son, in Britain. Download the NBC News app for breaking news and politicsBritain's Prince Andrew speaks during a television interview in Windsor, England, in April. There was no comment from the prince's London legal team. U.S. District Judge Lewis Kaplan, who oversees Giuffre's lawsuit, has urged both sides not to dwell on "technicalities" and instead to focus on the case's substance.
Persons: Prince Andrew, Jeffrey Epstein, Virginia Giuffre, Andrew Brettler, Duke, Andrew, Queen Elizabeth's, Britain's Prince Andrew, Steve Parsons, Brettler, Ghislaine Maxwell, Epstein, Giuffre, District Judge Lewis Kaplan, Kaplan, Maxwell Organizations: London, U.S, FedEx, NBC, U.S ., New, District Locations: United States, Manhattan, Los Angeles, Britain, Windsor , England, Epstein's, U.S, U.S . Virgin Islands
Britain has said it aims to raise around 15 billion pounds in total from two green gilt launches this year - Tuesday’s sale of a gilt maturing in July 2033 and a further new issue of a 20- to 30-year maturity green gilt next month. This issuance will be only a small fraction of the total 253 billion pounds of gilt sales planned for this financial year. Bookrunners on Tuesday's sale said they received more than 90 billion pounds of orders within 45 minutes of order books opening. The previous record here for a British government bond syndication was in May 2020 when there were 82.6 billion pounds of orders for 12 billion pounds of a conventional 10-year gilt. The Bank of England has also said it will buy the green bonds as part of its asset purchase programme and treat them as equivalent to similar conventional ones.
Persons: Bookrunners, David Milliken, Andy Bruce, Giles Elgood Organizations: United, Bank of England Locations: United Nations, Glasgow, Britain, British, Germany
LONDON (Reuters) - Britain sold 10 billion pounds of its first ‘green’ government bond on Tuesday after attracting over 100 billion pounds ($137 billion) of demand from investors, a record high which shows the clamour for assets which can be marketed as good for the planet. But Tuesday’s launch of a new gilt maturing in July 2033 represents the largest single sale by a sovereign issuer, topping the previous 8.5 billion euro record set by Italy in March. “It’s confirmation that the demand is there even in sterling, not just in euros,” said Antoine Bouvet, senior rates strategist at ING. Britain has said it aims to raise around 15 billion pounds in total from two green gilt launches this year - Tuesday’s sale and a new 20- to 30-year maturity green gilt next month. This issuance will be only a small fraction of the total 253 billion pounds of gilt sales planned for this financial year.
Persons: Benoit Tessier, , , Antoine Bouvet Organizations: REUTERS, United, ING, Bank of England Locations: Britain, United Nations, Glasgow, Germany, Italy, Spain
Sept 21 (Reuters) - Sterling held near four-week lows on Tuesday as investors evaluated the direction the Bank of England would take at an upcoming policy meeting, while broader risk sentiment remained under pressure due to Chinese property company Evergrande’s debt troubles. In early London trading, the pound gained 0.2% to $1.3687, edging up marginally from previous day’s low of $1.364 - its weakest level since Aug. 23. In an important week for monetary policy, the Federal Reserve and BoE are among a dozen central banks hosting their meetings, which kept major currencies confined to their well-trodden ranges. The pound was caught up in the sell-off across financial markets on Monday, while weak data tempering hawkish BoE expectations ahead of Thursday’s monetary policy meeting had added to the currency’s woes. Against the euro, the British currency was slightly stronger at 85.66 pence, but still hovered around a two-week low.
Persons: Sterling, BoE, , Esther Reichelt Organizations: Bank of England, Federal Reserve Locations: London
LONDON (Reuters) -British public borrowing declined by less than expected in August, government figures showed on Tuesday, highlighting the hefty ongoing costs of the COVID-19 pandemic and a rise in debt interest payments as inflation picked up. Borrowing for the first five months of the 2021/22 financial year totalled 93.8 billion pounds, down by almost half on the same period a year earlier. Debt costs last month added up to 6.3 billion pounds, twice their level a year ago. Measured as a share of GDP, debt interest costs still remain low by historic standards. Public debt as a share of gross domestic product rose to 2.023 trillion pounds or 97.6% of GDP in August, the highest ratio since March 1963.
Persons: Hannah McKay, Rishi Sunak, Samuel Tombs, ” Sunak, Sunak, ” Pantheon’s Organizations: Bank of England, REUTERS, ONS, Pantheon, Financial Times Locations: London, Britain, Sunak’s
REUTERS/Kim Kyung-Hoon/File PhotoLONDON, Sept 21 (Reuters) - Blockchain-based fantasy soccer game Sorare has raised $680 million in a funding round led by SoftBank (9984.T), with players including ex-England international Rio Ferdinand and Spain's Gerard Pique also investing, the company said on Tuesday. Founded in 2018, Sorare is an online game where players buy officially licensed cards representing soccer players and build teams which play against each other, with the outcome based on the players' performance in real-life games. "This evolution from physical assets to digital assets is very powerful, and creates a lot of exciting potential business models." Sorare is the largest sports-based NFT platform by sales volume, according to NonFungible.com, a website which tracks NFT market data. The fundraising round was SoftBank's first time investing in Sorare, via its SoftBank Vision Fund 2.
Persons: Kim Kyung, Sorare, SoftBank, Rio Ferdinand, Spain's Gerard Pique, Michel Combes, NFTs, Nicolas Julia, Cristiano Ronaldo, Combes, Ferdinand, France's Antoine Griezmann, Cesar Azpilicueta, Elizabeth Howcroft, Bernadette Baum Organizations: REUTERS, England, Rio, ., NFTs, SoftBank, America, Televisa, Univision, Accel, Bessemer Ventures, Thomson Locations: Tokyo, Japan, . Paris, United States, Sorare, American, OpenSea, Sorare's
TOKYO (Reuters) - The offshore yuan lingered near an almost one-month low on Tuesday while safe-haven currencies including the dollar benefited as investors sought shelter from a potential default by property developer China Evergrande. FILE PHOTO: U.S. one dollar and Chinese Yuan are seen in this illustration taken May 7, 2021. REUTERS/Dado Ruvic/IllustrationCommodity currencies gained amid a rally in crude oil prices, with the Canadian dollar getting an additional boost from a projected election victory for the country’s ruling party. The yuan edged up about 0.1% to 6.4765 per dollar after weakening as far as 6.4879 on Monday, its lowest since Aug. 23. Norway’s krone surged about 0.6% to 8.6765 per dollar, recovering from Monday’s slide to 8.7816, a level not seen since Aug. 27.
Persons: Yuan, Dado Ruvic, didn’t, Chris Weston, loonie, Justin Trudeau’s, Sterling, Christian Hawkesby, “ NZD, Imre Speizer, Cryptocurrencies Organizations: REUTERS, Canadian, Swiss, Bank of Japan, Australian, Norway’s, Bank of England, Westpac, RIC Locations: TOKYO, China, Melbourne, Wells, Tokyo
“The economy was expected to bounce back as vaccination rates increase and restrictions are eased,” the minutes showed. Yet analysts are also wary given the nature of the Delta variant. “The evidence from other countries that are highly vaccinated shows that even at high vaccination rates, outbreaks may still need to be managed using suppression measures and lockdowns,” said HSBC’s chief Australian economist Paul Bloxham. That means the RBA is set to be “fashionably late” to the global tightening party, says RBC chief economist Su-Lin Ong. Markets are priced for a Federal Reserve hike in late 2022 and the Bank of England also sometime next year.
Persons: , HSBC’s, Paul Bloxham, Su, Lin Ong, Ong, QE, Wayne Cole, Richard Pullin Organizations: Reserve Bank of Australia’s, , RBC, Bank of England Locations: SYDNEY, Sydney, Melbourne, Canberra, , Norway’s, New Zealand
Dollar holds gains, yuan under pressure as Evergrande risks grow
  + stars: | 2021-09-21 | by ( ) www.cnbc.com   time to read: +4 min
The offshore yuan wallowed near an almost one-month low on Tuesday while the safe-haven dollar and yen stood tall as investors sought shelter from a potential China Evergrande default. The yuan stood at 6.4805 per dollar after weakening as far as 6.4879 on Monday for the first time since Aug. 23. Analysts at Wells Fargo expect the dollar to reach 6.60 per yuan in the next month for the first time since November. Sterling was little changed at $1.3662 after sliding to a nearly one-month low of $1.3640 overnight. The loonie regained some footing having hit a one-month low of C$1.2896 against its U.S. counterpart overnight heading into national election that could heighten political uncertainty in Canada.
Persons: didn't, Chris Weston, Pepperstone's Weston, Christian Hawkesby, Sterling Organizations: New Zealand, Bank of Japan, Bank of England, U.S Locations: China, Melbourne, Wells, Canada, Asia
'Western bloc' has let Pakistan down, board chief says
  + stars: | 2021-09-21 | by ( ) www.reuters.com   time to read: +2 min
Cricket - MCC World Cricket committee Press Conference - London, Britain - July 4, 2017 Ramiz Raja during the MCC World Cricket committee press conference Action Images via Reuters/Andrew BoyersLAHORE, Pakistan, Sept 21 (Reuters) - Pakistan have been let down by the "Western bloc" and the back-to-back pullouts by New Zealand and England could have a "domino effect" for cricket in the South Asian country, Pakistan Cricket Board (PCB) chairman Ramiz Raja said. England on Monday cancelled their men's and women's teams tour of Pakistan next month citing "mental and physical well-being" of the players. read more"I am very disappointed by England's withdrawal but it was expected because this Western bloc gets united unfortunately and tries to back each other," Raja, who took over as PCB chief earlier this month, said in a video shared by the PCB. It can hit the tour by West Indies, and Australia are already reconsidering their tour next year," Raja said. "They come to the Pakistan Super League where they don't get spooked or fatigued but collectively they have a different mindset together toward Pakistan."
Persons: Ramiz, Andrew Boyers, Ramiz Raja, Raja, Amlan Chakraborty, Sam Holmes Organizations: Cricket, MCC World Cricket, Press Conference, Pakistan Cricket Board, New Zealand, West Indies, New Zealand Cricket, Bangladesh, Pakistan Super League, Thomson Locations: London, Britain, Andrew Boyers LAHORE, Pakistan, New Zealand, England, Rawalpindi, New, Australia, Zimbabwe, New Delhi
The British authorities said on Tuesday that they were charging a third man in connection with the attempted murder of the former Russian spy Sergei V. Skripal, who was poisoned in England in 2018. In the 2018 case, the British police said they had charged Denis Sergeev in the attempted assassination of Mr. Skripal and his daughter, Yulia. The pair were found slumped on a bench in the city of Salisbury in southern England, and it was later determined that they had been poisoned with a nerve agent, Novichok. Two other men — who traveled under aliases — have already been charged. The British police for the first time confirmed their real names as Anatoliy Chepiga and Alexander Mishkin.
Persons: Sergei V, Skripal, Alexander V . Litvinenko, Denis Sergeev, Mr, Yulia, , Anatoliy Chepiga, Alexander Mishkin Organizations: European, of Human Rights, British Locations: Russian, England, Russia, London, Salisbury
Sussex Police said a 45-year-old man was arrested on suspicion of burglary on Tuesday in Eckington, Worcestershire, central England. "Our investigation into the Arundel Castle burglary remains live and this action marks a significant step in our enquiries," said Detective Inspector Alan Pack of Sussex Police. Six other men were arrested for crimes unrelated to the castle burglary. But with many Catholics throughout Europe convinced that she had a better claim to the English throne than the Protestant Elizabeth, Mary was an unwelcome visitor. She was confined in various English castles and prisons, convicted of plotting against the English queen, condemned to death for treason on charges she denied and finally beheaded.
Persons: Mary Queen of Scots, Mary, Elizabeth I of England, Alan Pack, France, Elizabeth, Andrew MacAskill, Kate Holton Organizations: British, Catholic, West Sussex, May . Sussex Police, Sussex Police, Thomson Locations: England, Scottish, British, Arundel, West, May, Eckington, Worcestershire, Scotland, Europe
Factbox: Who was the third man in Russian nerve agent attack?
  + stars: | 2021-09-21 | by ( ) www.reuters.com   time to read: +3 min
REUTERS/Hannah McKayLONDON, Sept 21 (Reuters) - British police on Tuesday said a third Russian man was involved in the nerve agent attack on double agent Sergei Skripal in southern England three years ago. - Petrov and Boshirov spend two nights in an east London hotel, where traces of the Novichok nerve agent were found. - British police say Fedotov, Petrov and Boshirov are members of a Russian military intelligence (GRU) unit tasked with special operations abroad such as the attempted murder of Skripal. No nerve agent was detected in his hotel. Police believe they sprayed the Novichok nerve agent on the door of the former Russian GRU officer's house.
Persons: Sergei Skripal, Hannah McKay, Denis Sergeev, Sergei Fedotov, Skripal, Yulia, Ruslan Boshirov, Alexander Petrov, Petrov, Boshirov, Fedotov, Dawn Sturgess, Charlie Rowley, Nina Ricci, Alexander Mishkin, Anatoliy Chepiga, Dean Haydon, Michael Holden, Guy Faulconbridge, Peter Graff Organizations: REUTERS, British, Police, officer's, Salisbury Cathedral, UK's, Thomson Locations: Russian, Salisbury, Britain, England, Moscow, London, Heathrow, Rowley, It's, Europe, Bulgarian
The Metropolitan Police said on Twitter they have charged a third Russian national in a 2918 nerve agent attack in Salisbury, England. The case dates back to March 2018, when former Russian agent Sergei Skripal and his daughter, Yulia, where targeted in a nerve agent attack. The Met Police said Denis Sergeev has been charged with murder and attempted murder, among other charges. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyA third Russian national has been charged in the 2018 nerve agent attack of a former Russian agent in Salisbury, England, British police said on Tuesday. The case dates back to March 2018, when former Russian agent Sergei Skripal and his daughter, Yulia, were targeted with exposure to the nerve agent novichok.
Persons: Sergei Skripal, Yulia, Denis Sergeev, Sergey Fedotov, Dawn Sturgess, Charlie Rowley, Nick Bailey, Alexander Petrov, Ruslan Boshirov, Theresa May Organizations: Metropolitan Police, Twitter, The Met Police, Service, Wiltshire Locations: Russian, Salisbury , England, Salisbury, England, British
Poppy O'Toole began making TikToks in lockdown after she was let go from a London kitchen. As a full-time social-media chef, she can forgo the grueling 70-hour workweeks of her last job. I started making videos to keep myself busy and impress my younger sister, who was obsessed with the app. When I first started TikTok, I thought I'd be back working at a restaurant in a couple of weeks. I don't think I would have felt as comfortable transitioning into a social-media chef full-time if it weren't for the book deal.
Persons: Poppy O'Toole, I'd, it's, I've, haven't, you've Organizations: Michelin, Bloomsbury Publishing, Bloomsbury, Companies Locations: London, Birmingham, England, TikTok
UK strikes deal for CO2 producer CF to restart operations
  + stars: | 2021-09-21 | by ( ) www.reuters.com   time to read: +2 min
An information label is seen on packaging for a CO2 cylinder for a fizzy drinks machine in Manchester, Britain, September 20, 2021. REUTERS/Phil NobleLONDON, Sept 21 (Reuters) - Britain has struck a deal with CF Industries for the American company to restart the production of carbon dioxide (CO2) after soaring gas prices forced it to halt operations, threatening the supply of meat in the country. CO2 is a byproduct of the fertiliser that is produced by CF Industries which has two plants in northern England. British Business Secretary Kwasi Kwarteng met the CF Industries boss, Tony Will, on Sunday, and had told broadcasters earlier on Tuesday that the government could provide financial support to get production started again. Reporting by Kate Holton and James Davey; editing by William James/Guy FaulconbridgeOur Standards: The Thomson Reuters Trust Principles.
Persons: Phil Noble LONDON, Kwasi Kwarteng, Tony Will, Boris Johnson, Andrew Opie, Kate Holton, James Davey, William James, Guy Faulconbridge Organizations: REUTERS, CF Industries, British, British Retail Consortium, CF, Thomson Locations: Manchester, Britain, England, New York
AutoNation, the automotive retail giant, has named Mike Manley, the former chief executive of Fiat Chrysler, as its chief executive, replacing Mike Jackson, who is retiring after running the company for most of the last 22 years. Mr. Manley, 57, will start Nov. 1 at AutoNation, which operates more than 300 dealerships across the country. “We have built an admired and respected company from coast to coast,” Mr. Jackson, 72, said in a statement. “I have every confidence Mike Manley will lead AutoNation to an even brighter future.”Mr. Manley grew up in England and worked in a dealership before studying engineering. In 2000, he joined Chrysler — then part of DaimlerChrysler — and rose to head the Jeep brand through a period of rapid growth, playing other key roles as the automaker became Fiat Chrysler.
Persons: Mike Manley, Mike Jackson, Manley, Mr, Jackson, , ” Mr Organizations: Fiat Chrysler, Chrysler —, DaimlerChrysler Locations: AutoNation, England
Federer says 'feeling strong' after knee surgery
  + stars: | 2021-09-21 | by ( ) www.reuters.com   time to read: +2 min
Federer, who pulled out of the U.S. Open, said in August he would be sidelined for many months because he needed more knee surgery in order to resume playing. "I'm feeling actually really good ... things are not as I hoped they would be, but I'm recovering well and the rehab is going really good," Federer told Eurosport. I'm feeling strong and excited for what's to come. I wish I could be back on a tennis court as quick as possible, but I have to be patient. "I think it is possible that it's going to happen again," said Federer.
Persons: Switzerland's Roger Federer, Britain's Cameron Norrie, Toby Melville, Roger Federer, Federer, I've, Rafa Nadal, Novak Djokovic, Djokovic, Russia's Daniil Medvedev, Novak, Rafa, Manasi Pathak, Richard Pullin Organizations: Wimbledon, U.S ., All England, Eurosport, U.S, Thomson Locations: Swiss, New York, Bengaluru
LONDON — The family of a 19-year-old British motorcyclist has reached a resolution with the U.S. State Department employee who fatally struck him with her car two years ago, the latest development in a case that touched off diplomatic tensions between Britain and the United States. A spokesman for the family of the teenager, Harry Dunn, said the two parties had reached an agreement in a lawsuit filed by the family. “It’s a milestone for us that we’ve achieved a resolution in the civil case,” the spokesman, Radd Seiger, said. “We can now look forward and focus on the criminal case, which we are very confident is coming soon.” He declined to disclose any details of the settlement. Anne Sacoolas, the American State Department employee, had been driving on the wrong side of the road in August 2019 near the village of Croughton, in central England, when she hit Mr. Dunn, who died at a hospital shortly after the accident.
Persons: Harry Dunn, we’ve, Radd Seiger, , Anne Sacoolas, Dunn Organizations: U.S . State Department, American State Department Locations: Britain, United States, Croughton, England
"Leased content has grown to around 60% of deliveries," Udvar-Hazy, executive chairman of lessor Air Lease Corp (AL.N), told the Airline Economics conference in London. As the industry recovers, airlines may recover the ability to get the financing on their own, he added. A senior executive for larger rival AerCap (AER.N) agreed that the leasing sector was now responsible for financing a majority of new passenger jet deliveries, financing somewhere between 50% and 60%. He said the industry's manufacturing duopoly of Airbus and Boeing were comfortable with the shift in power from the airlines to the leasing companies. "The leasing industry has the capital to show up at delivery and actually take delivery."
Persons: Steven Udvar, Ray Conner, Luke MacGregor, Peter Anderson, Conor Humphries, Sarah Young, Pravin Char, Matthew Lewis Organizations: Air Lease Corp, York Stock, Boeing Commercial, REUTERS, Manufacturers, Aircraft, Airbus, Boeing Co, Airline Economics, Reuters, Boeing, Thomson Locations: Farnborough, England, London, United States, Europe
Thousands of people have watched a video online in which a man says England’s rollout of COVID-19 vaccines to 12- to 15-year-olds has been suspended due to a paperwork mishap. Public Health England (PHE) told Reuters this claim is false. The rollout of COVID-19 vaccines to 12- to 15-year-olds in England began on Sept. 20 (here) after a unanimous recommendation by the chief medical officers (CMOs) from all four nations of the United Kingdom (here). Scotland, Wales and Northern Ireland will set their own rollout dates, as all decide their own health policies. COVID-19 vaccine rollouts to children aged 12 to 15 began on Sept. 20.
Persons: Public Health England haven’t, PHE, Read Organizations: Public Health, Reuters, Facebook, Public Health England, Pfizer Locations: England, United Kingdom, Scotland, Wales, Northern Ireland
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