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Register now for FREE unlimited access to Reuters.com RegisterDenmark's Queen Margrethe pays her respects to Britain's Queen Elizabeth, following her death, during her lying-in-state at Westminster Hall, in London, Britain, September 18, 2022. REUTERS/John Sibley/PoolCOPENHAGEN, Sept 21 (Reuters) - Queen Margrethe of Denmark has tested positive for COVID-19 for the second time this year, the royal court said on Wednesday. She attended the Queen Elizabeth's funeral in London on Monday. Queen Margrethe, who has been vaccinated against the coronavirus, was also diagnosed with COVID-19 in February this year, showing mild symptoms at the time. Register now for FREE unlimited access to Reuters.com RegisterReporting by Nikolaj Skydsgaard in Copenhagen, editing by Anna Ringstrom; Terje Solsvik and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.
Gap eliminates 500 corporate jobs amid shrinking margins
  + stars: | 2022-09-20 | by ( ) www.reuters.com   time to read: +1 min
Register now for FREE unlimited access to Reuters.com RegisterThe Gap logo is seen on the front of the company's store on Oxford Street in London, Britain, July 1, 2021. REUTERS/John SibleySept 20 (Reuters) - Gap Inc (GPS.N) is eliminating about 500 corporate jobs, the apparel chain said on Tuesday, as it struggles to protect margins and battles weak sales of outdated clothes at brands including Old Navy. Register now for FREE unlimited access to Reuters.com RegisterShares of the Banana Republic parent declined about 3% in afternoon trade, taking the year-to-date decline to 48%. Late last month, the company withdrew its annual forecasts due to an inventory glut and weak sales. Register now for FREE unlimited access to Reuters.com RegisterReporting by Ananya Mariam Rajesh in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
REUTERS/John Sibley/File PhotoLONDON, Sept 20 (Reuters) - British home improvement retailer Kingfisher (KGF.L) reported a 29.5% fall in first-half underlying profit but said it was seeing resilience in outdoor and 'big-ticket' category sales trends despite the cost of living crisis. Total sales fell 2.8% on a constant currency basis to 6.81 billion pounds, while like-for-like sales fell 4.1%. It said third-quarter trading was consistent with the full year 2022-23 adjusted pretax profit guidance of about 770 million pounds set out at the start of the year. It said these point towards profit outcomes of 730 million pounds to 770 million pounds. ($1 = 0.8757 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by James Davey, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.
Since the queen's death on Sept. 8, politics - or at least the discussion of its ins and outs - has been on pause for a period of national mourning, out of respect for a monarch who reigned for 70 years. read moreAnd while her spokespeople were diligent in declining to make announcements during the national mourning period, her government pressed on with its work, with one source saying her ministers were in the finance ministry even on Sunday. He may also announce the end to caps on bankers' bonuses, but last week no decisions had been taken. While foreign minister, Truss described the relationship as "special, but not exclusive". For a woman who said she would be ready to govern from day one, she has set herself a tough agenda.
The late monarch's horses won more than 1,800 races and her annual presence at Royal Ascot and the Epsom Derby reflected a deep personal interest as much as carrying out royal duty. "I'm sure if the queen had not been bred into being a monarch she would have found a vocation with horses. Nicky Henderson, another royal trainer, also told the Racing Post how the queen had watched one of her horses win a race on television. The queen's horses won all the British classics with the exception of the Derby, the most prestigious of all. Queen Elizabeth attended every edition of the Royal Windsor Horse Show since its inception 79 years ago, including in May.
Liz Truss has been named the new prime minister of the UK in the wake of Boris Johnson quitting. The victory also makes her the new prime minister, due to take over Tuesday. An ally of Johnson, Truss has often been described as the continuity candidate — but who is she, and what can we expect from her premiership? While Truss has been named as the Conservative Party leader, she must wait another day before officially becoming prime minister. Truss is set to become prime minister Tuesday after traveling to meet the Queen at Balmoral in Scotland.
London Tube staff plan strike next month, says union
  + stars: | 2022-07-26 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Union Jack flags and signs are seen outside Oxford Circus underground station on the first day of national rail strike, in London, Britain June 21, 2022. REUTERS/John SibleyLONDON, July 26 (Reuters) - London underground rail staff plan to strike on Aug. 19 over jobs and pensions, the RMT union said on Tuesday, in the latest industrial dispute that could disruptBritain's transport services. "Unless there can be assurances made about jobs, pensions and detrimental changes to working conditions, then our strike on August 19 will go ahead," RMT general secretary Mick Lynch said. The union said Transport for London (TfL) had failed to engage in talks about safeguarding jobs and pensions. Reporting by Sachin Ravikumar; editing by Michael HoldenOur Standards: The Thomson Reuters Trust Principles.
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