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Charles was joined by Prince William and Princess Kate, who has slowly returned to public duties this year following treatment for cancer. The wreaths were adorned by poppies, a symbol of remembrance also worn on lapels by many across the U.K. in the lead-up to Remembrance Day. Poppies were a common sight on the battle-scarred lands of Europe during World War I. Princess Kate was also in attendance at Saturday evening’s Festival of Remembrance at the Royal Albert Hall, her first major public appearance since finishing chemotherapy. Both events form part of the United Kingdom’s Remembrance Day commemorations as the nation pays tribute to those whose lives were affected by World War I and remembers those who died.
Persons: Charles III, Keir Starmer, Kemi Badenoch, Charles, Prince William, Princess Kate, Catherine , Princess of, Camilla, King Charles, Toby Melville, John McCrae, Kate, Royal Albert Hall, Max Mumby, William, Tom Jones, Royal Albert Hall . Prince William, “ It’s, It’s, ” William Organizations: Commonwealth, , Carnegie Endowment, International Peace, Royal Albert, Royal Air Force, Services, Royal Albert Hall, NBC News ’, Sky News Locations: London, United Kingdom, British, Catherine , Princess of Wales, Europe, Belgium, France, Canadian, Flanders, NBC News ’ British, Cape Town , South Africa
London CNN —Catherine, Princess of Wales joined the royal family as they paid their respects to all those who have lost their lives in conflicts at the annual Remembrance Day service in London on Sunday. Prince William also left a floral tribute, featuring the Prince of Wales feathers and a new ribbon in Welsh red, at the war memorial. Toby Melville/ReutersWorld War II veterans Alec Penstone and Mervyn Kersh meet on Horse Guards Parade ahead of the Royal British Legion’s march past the Cenotaph. Kate, 42, announced she was cancer free in September and would be taking a phased approach to resuming public royal duties. The Princess of Wales joined , Britain's Prince William, Prince of Wales, Britain's King Charles and Britain's Princess Anne, Princess Royal attend "The Royal British Legion Festival of Remembrance" at the Royal Albert Hall in London, Britain, November 9, 2024.
Persons: London CNN — Catherine, Princess of Wales, King Charles III, , King George VI, Prince William, Prince, King Charles, Chris Jackson, James Manning, Kate, Sophie , Duchess, Prince Edward , Princess Anne, Sir Tim Laurence, Duke, Duchess of Gloucester, Duke of Kent, , Ben, Keir Starmer, Conservative Party Kemi Badenoch, John Major, Tony Blair, Gordon Brown, David Cameron, Theresa May, Boris Johnson, Liz Truss, Sunak, Kemi Badenoch, Toby Melville, Alec Penstone, Mervyn Kersh, Jaimi Joy, Princess, Wales, William, Royal Albert, Britain's Prince William , Prince of Wales, Britain's King Charles, Britain's Princess Anne, Princess Royal, Chris J, Camilla, Buckingham, I’m, King, Charles Organizations: London CNN, Royal Air Force, Foreign, Commonwealth, Development Office, Conservative Party, British, Reuters, Horse Guards, Royal, Windsor, Royal British Legion Festival of, Royal Albert Hall, Commonwealth Armed Forces personnel, NATO, Royal British Legion Festival, REUTERS, CNN’s Royal, Food Locations: London, Whitehall, Downing, Wales, Edinburgh, Royal British, Southport, England, Normandy, Kosovo, Afghanistan, Britain, Ratcliffe, Wiltshire, South Africa
NBC/Getty Images Perry, pictured circa 1985, developed an interest in acting after moving to Los Angeles when he was a teen. Michael Ochs Archives/Moviepix/Getty Images Perry and Christina Applegate were cast in the 1988 made for TV teen movie "Dance 'til Dawn." NBC/Getty Images Perry and Cox appear on "The Tonight Show with Jay Leno" in 1996. NBC/Getty Images Perry co-stars with Salma Hayek in the 1997 romantic comedy film "Fools Rush In." So it’s a thing that helps on these tough days.”‘Cherish every moment’(From left) Matthew Perry and Yvette Nicole Brown on 'The Odd Couple.'
Persons: Matthew Perry, “ It’s, ” Perry’s, Caitlin Morrison, Morrison, Suzanne Morrison, Perry’s, Keith Morrison, , Perry, , ’ ”, Brian Murray, Cara Vaccarino, ‘ He’s, Chandler Bing, Michael Ochs, Christina Applegate, Martha Plimpton, Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox, Jennifer Aniston, Cox, Jay Leno, Salma Hayek, Michael Clarke Duncan, Warner, Monica, Danny Feld, Joe Quincy, Amy Stewart, Richard Schiff, Milo O'Shea, Kelly Reilly, Toby Melville, Reuters Perry, Merv Griffin, Jean, Paul Aussenard, LeBlanc, Mark J, Terrill, John Inwood, Zach Braff, John C, McGinley, Mitch Haddad, Amanda Peet, Bruce Willis, Everett, Chris Pizzello, Phil McCarten, Tom Williams, Lindsay Sloane, Michael Yarish, Ted Kennedy, James Corden, Terence Patrick, Julia Weeks, Matt Brennan, Dania Maxwell, Matthew, Oscar Madison, Lisa Kasteler, Doug Chapin –, , Chapin, Kasteler, Matthew hadn’t, he’d, ” Kasteler, I’ll, Kasteler –, Wolf Kasteler, we’re, Yvette Nicole Brown, Monty Brinton, ” castmates, Aniston, castmates, Thomas Lennon, Brown, ‘ Yvette, ” Perry Organizations: CNN, Dateline, Matthew, Matthew Perry Foundation of Canada, NBC, Getty, Michael Ochs Archives, Limelight, ABC, Disney Entertainment, Columbia, Warner Brothers, Bank, Comedy Theatre, Reuters, Merv Griffin Beverly Hills Country, Actors Guild, Guild of America, Los Angeles Dodgers, Capitol, National Association of Drug, Inc, CBS, Los Angeles Times Festival of, Los Angeles Times, Palisades, Los Angeles Medical, Matthew Perry Foundation, National Philanthropic Trust Locations: Los Angeles, Williamstown , Massachusetts, New York City, British, Chicago, London, Canada, California
Just Stop OilThe laws were purpose-built to target protest groups like Just Stop Oil. ExxonMobil told CNN that they do not currently fund Policy Exchange or American Friends of Policy Exchange, but did not answer questions about past funding. The UK’s lengthy jail terms stand out globally, but the creeping clampdown on disruptive climate protest is also happening elsewhere. Leon Neal/Getty ImagesThe Just Stop Oil case amplifies the near erasure of legal defenses available to protesters who take part in disruptive demonstrations. The same report compared Just Stop Oil to “terror groups” and recommended their actions be banned.
Persons: Cressie Gethin, , — Louise Lancaster, Daniel Shaw, Lucia Whittaker, Abreu, Roger Hallam, , ” —, ” Gethin, Michael Forst, “ ’, ’ ” Cressida Gethin, Jodie Beck, Toby Melville, Rishi Sunak, ” Sunak, Gethin, , ALEC, Exxon’s, Stephanie Keith, UN’s Forst, Leon Neal, ” Tim Crosland, — Lord Walney, John Woodcock —, Israel . Woodcock, Henry Nicholls, Beck, ” Beck, she’s Organizations: London CNN, Prosecutors, CNN, HMP, Airport, Big Oil, Conservative, International Energy Agency, Labour, London, Police, Amnesty International, Liberty, Stop, ExxonMobil, Exchange, Atlas Network, of Policy, London Metropolitan Police, Met Police, Global, US Civil Rights, Climate Rights International, International Center, Profit, Dakota Access Pipeline, American Legislative Exchange Council, Chevron, Energy, Center for Media, Democracy, Dakota, Pipeline, Oil, Palestine, British, Reuters Locations: North, London, HMP Bronzefield, London’s, , US, Germany, France, Australia, Mandan , North Dakota, United Kingdom, Israel, England, Northern Ireland
Toby Melville | ReutersFARNBOROUGH, England — Massive airplane orders, hundreds deep in recent years, were absent from this year's biggest air show. One standout was Air Korea's order for up to 50 Boeing wide-body planes, including the 777X, which Boeing is working toward getting certified by regulators. As both manufacturers grapple with production strains, Air Korea CEO Walter Cho quipped during the Boeing order signing: "Whichever comes first will become our flagship, whoever's on time." Boeing has an overall backlog of close to 5,500 planes, while Airbus has more than 8,000 on order. Many airlines from United Airlines to Air India have also stocked up on new jet orders as travel rebounded in the pandemic.
Persons: Toby Melville, Ihssane Mounir, Boeing's, Walter Cho, whoever's, Peter Anderson, Matthew Childs, Christian Scherer, Scherer Organizations: Airbus, Farnborough, Reuters, Boeing, Wall Street, Paris Air, Ishka, Air, Max, Airbus A321neo, United Airlines, Air India, The Boeing Company, AerCap, Reuters Airbus Locations: Farnborough, Britain, Reuters FARNBOROUGH, England, London, Paris, Air Korea, Arlington , Virginia
In today's big story, we're looking at another Tesla earnings report that was light on details about big future plans . The approach worked well last quarter when Tesla's earnings report was even worse than expected . However, big-picture plans without concrete details fell flat for investors this time around. It's Tesla's silver lining amid the EV market slowdown. But as beneficial as competitors were to Tesla this quarter, others seem to be gearing up for battle.
Persons: Jordan Strauss, Chelsea Jia Feng, Elon, Katherine Tangalakis, Hannah Getahun, that's, , Musk, Toby Melville, BI's Nora Naughton, It's, BI's Jordan Hart, Sundar Pichai, Waymo, Jenny Chang, Rodriguez, Wall, Keith Lerner, Ed Yardeni, Michael M, Tyler Le, Jensen Huang, Rebecca Zisser, Biden, Benjamin Netanyahu, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Business, Chelsea, AP, Tesla, Getty, BI Supply, Nvidia, Big Tech, Hollywood, AWS, Microsoft, Paramount, Digital, Google, IBM, Ford Motors, Samsung, Galaxy, The Locations: Waymo, San Francisco, Phoenix, New York, Paris, London
Toby Melville | ReutersLONDON — The U.K.'s Labour Party won a huge parliamentary majority in the country's general election, but a quirk of the British electoral system means it did so with just 34% of the total votes cast. Results show that the opposition Labour Party has won 412 parliamentary seats of the total 650, with just two seats yet to be declared. This translates as roughly 63% of the total seats, but Labour has won just 34% of the total "popular" vote, while the Conservative Party has secured nearly 24% of that number. Meanwhile, smaller parties including the centrist Liberal Democrats, right-wing Reform U.K. and the Greens took nearly 43% of the popular vote but gained just less than 18% of the seats available. Unlike in other voting systems, there are no second rounds or ranking of first- and second-choice candidates, meaning it can be difficult for smaller parties to translate an increased share of the popular vote into parliamentary seats.
Persons: Keir Starmer, Victoria Starmer, Toby Melville, Gabriella Dickens, Dickens Organizations: British, Labour, Reuters LONDON, Labour Party, Conservative Party, Liberal Democrats, Greens, U.K, AXA Investment, Scottish National Party Locations: London, Britain
He lost two general elections as Labour leader in campaigns that focused heavily on his views regarding national security. The context for Sunak’s attack on Starmer is that the UK will vote in a general election at some point this year. “Of course Rishi doesn’t believe that Starmer himself is a threat to national security,” a senior Conservative told CNN. It’s just ridiculous and it clearly winds him up when we point it out.”No one knows for sure when the election campaign proper will start. Until then, Britain is braced for months of mudslinging between Sunak and Starmer.
Persons: Rishi Sunak, Keir Starmer, Sunak, Starmer, , Jeremy Corbyn, Corbyn, Toby Melville, Rishi doesn’t, , ” David Gauke, ” Gauke, ” Starmer, , ” Keir Starmer, Leon Neal, cynically, won’t, It’s Organizations: CNN, British, Labour Party, Labour, PM, NATO, Conservative, Conservative Party, Locations: Britain, Russia, Iran, North Korea, Rwanda, Gaza, Sunak
London CNN —A photograph of a beaming Princess Charlotte has been released by the Prince and Princess of Wales to mark her ninth birthday. The children, from left, are Prince George, Prince Louis, Princess Charlotte, Savannah Phillips, Isla Phillips, Lena Tindall and Mia Tindall. The Duchess of Cambridge/Getty Images The Prince and Princess of Wales have released a photo of Princess Charlotte to mark her ninth birthday on Thursday, May 2. Carl Court/AFP/Getty Images Princess Charlotte, William and Catherine's middle child, is seen in this handout photo released on May 1, 2021, a day before her sixth birthday. The Duchess of Cambridge via Getty Images Princess Charlotte playfully sticks out her tongue while attending a King's Cup regatta with her mother in 2019.
Persons: Charlotte, Prince, Princess, , Catherine , Princess of Wales, Prince Louis ’, Prince William, Kate, Kensington, It’s, Princess Charlotte, Charlotte’s, Queen Elizabeth II, Prince Philip, Prince George, Prince Louis , Princess, Savannah, Isla Phillips, Lena Tindall, Mia Tindall, Duchess, Wales, Wales Prince George, William, George, Samir Hussein, Barack Obama, Pete Souza, Carl Court, Prince George . The Duchess, Cambridge, Chris Jackson, Ben Stansall, Prince Louis, Louis, AP Prince Louis, Kate's, Catherine, Prince Harry, Meghan, Duchess of, Prince Archie, Archie, Toby Melville, Prince Archie of Sussex, Dominic Lipinski, Eugenie, Jack Brooksbank, Princess Beatrice, Sienna, Prince Andrew . Princess Eugenie, Prince Edward, James, Earl of Wessex, Sophie, Lady Louise Mountbatten, Louise, Steve Parsons, Cousins Mia Tindall, Savannah Phillips, Princess Eugenie, Princess Anne, Mia, Mike, Zara Tindall, Peter, Autumn Phillips, Max Mumby, Savannah's, Zara Tindall's, Lena, Zara, Lucas, , Queen Elizabeth II’s, King Charles ’, wasn’t, That’s, Charlotte Elizabeth Diana Organizations: London CNN, CNN, Westminster Abbey, St, of England High, Getty, Kensington Palace, William, AP, Press Association, CNN’s Royal, Mary’s Locations: Wales, Windsor, Kensington, Sandringham, Norfolk, London, UK’s, Midlands, St Michael’s, Prince Louis , Princess Charlotte, Savannah Phillips, Cambridge, AFP, Duchess of Sussex, South Africa, Edinburgh, Mia, Savannah, Wellington, Charlotte, British, St
A local London pub that’s been thrust into an unexpected spotlight and onto the tourist map, thanks to musician Taylor Swift. Unexpected fameThe Black Dog pub is in an unassuming residential area of Vauxhall in south London. Taylor Swift fans Jenna Spackey and Maddie Essig came to check out The Black Dog pub after listening to the song. The Black Dog pub says the past few days have been "immense." Hageman compares “The Black Dog” song to a “fable” – it’s probably not based entirely in reality.
Persons: CNN — It’s, that’s, Taylor Swift, Francesca Street, Swift, Joe Alwyn, , Matty Healy, ” Taylor Swift, Lionel Hahn, Swifties, Maddie Essig, “ Joe, Taylor, , , Essig, Jenna Spackey, they’ve, Spackey, ” –, Alwyn – Swift, Toby Melville, There’s, Lily Bottomley, ” Bottomley, Bottomley, “ We’re, ” There’s, Bottomley – it’s, “ We’ve, Healy, Bottomley won’t, she’s “, there’s, ” Swift, Strasburg, Katie Hageman, ’ ”, she’s, Hageman, it’s Organizations: CNN, Poets Department, Golden Globe, CNN Travel, Vauxhall, Department, Reuters, Brentford –, SC Soho, Wembley, London Locations: Vauxhall, London, British, Baltimore , Maryland, Houston , Texas, Brixton, Shoreditch, Highgate, Brentford, Cork, Ireland, Blanc, , Florida, Strasburg, Avangeline Strasburg, Hageman
CNN —The UK parliament has finally passed a contentious bill that will allow the government to send asylum seekers to Rwanda for their claims to be considered by the East African nation. In theory, the legislation will see some landing in the UK sent to Rwanda where their asylum claim will be considered. And it makes clear that the UK Parliament is sovereign, giving the government the power to reject interim blocking measures imposed by European courts,” he added. The European court has previously barred it from sending asylum seekers to Rwanda. To date, the Rwanda policy has cost the British government £220m ($274m), and that figure could rise to £600m after the first 300 people have been sent to East Africa.
Persons: Rishi Sunak’s, Sunak, ” Refoulement, Bill, James, Rwanda Bill, , Rishi Sunak, Toby Melville, Nigel Farage – Organizations: CNN, East, of Human, European Convention of Human Rights, Commons, Sunak, University of Oxford, Conservative Party, Reform UK, Labour Party Locations: Rwanda, United Kingdom, France, , East Africa
London CNN —WikiLeaks founder Julian Assange has fended off the threat of immediate extradition to the United States after the High Court in London asked the US to provide more assurances. US authorities say Assange, 52, put lives at risk by publishing secret military documents and have for years been seeking his extradition on espionage charges. If the US fails to give these assurances, Assange would be allowed to appeal his extradition at a further hearing in May. Assange has fought extradition for the last five years from London’s Belmarsh prison, and for seven years before that was holed up as a political refugee at the Ecuadorian embassy in the UK capital. But the court refused to grant him leave to appeal on the ground that the prosecution is politically motivated.
Persons: Julian Assange, Assange, , London’s, Mr Assange, , ” Stella Assange, Assange’s, Biden, Assange's, Toby Melville, Chelsea Manning, Manning, Edward Fitzgerald Organizations: London CNN, Court, CNN, US, Ecuadorian, CIA, Ecuadorian Embassy, Army Locations: United States, London, Australian, Assange’s, Iraqi, Ecuadorian, Virginia, Iraq, Guantanamo,
London CNN —The Church of England has welcomed a report that calls for it to spearhead the establishment of a £1 billion ($1.3 billion) fund to address its historical ties to slavery. The Church Commissioners group, which manages the church’s £10.3 billion ($13 billion) investments, has accepted the report “in full,” the church said in a statement. The report also calls for the Church Commissioners to build up the value of the fund by bringing in co-investors while also increasing its own allocation. The Church of England is the established church in the United Kingdom. It also urged the Church Commissioners to deliver the full sum committed to the fund sooner than over the nine years originally envisaged.
Persons: , Archbishop of Canterbury Justin Welby, Bishop Rosemarie Mallett, Canterbury Justin Welby, Toby Melville, Welby, George Floyd Organizations: London CNN, of, , for, Commissioners, South Sea Company, REUTERS, National Archives, Bank of Locations: of England, Black, United Kingdom, Barbados, London, REUTERS Britain, Historic England, Caribbean, Bank of England, United States
King Charles and Queen Camilla are seen leaving Clarence House in London on February 6, the day after it was announced King Charles had been diagnosed with cancer. But Queen Elizabeth and King Charles, they do not want to become the story, they still want to serve their public. In the fullness of time, I would like to think King Charles will talk about his treatment.”Britain's King Charles III poses for a portrait in Buckingham Palace's Throne Room after his official coronation in May 2023. From left are Camilla, Duchess of Cornwall; Prince Charles; Queen Elizabeth II; Prince Philip; Prince William; and Catherine, Duchess of Cambridge. From left are Prince Charles; the Queen; Prince Louis; Catherine, the Duchess of Cambridge; and Princess Charlotte.
Persons: London CNN — Britain’s King Charles III, Buckingham, Charles, King Charles, Queen Camilla, Clarence, Toby Melville, King, Rishi Sunak, Sunak, , Sunak’s, Charles ’, Chris Jackson, , Kate Williams, Joe Biden, Matthew Chattle, survivorship, “ Jill, “ You’re, Anil Rustgi, Herbert, ” Rustgi, Sally Bedell Smith, George VI, ” King George VI, Prince Charles, Prince Harry, Emily Nash, It’s, Princes William, Harry, Andrew, Edward, Anne, Beatrice, Nash, Princess, Wales, She’s, hasn’t, Catherine, ” Williams, Kristina Kyriacou, ITV’s, They’ve, Kyriacou, she’d, Queen Elizabeth, ” Britain's King Charles III, Hugo Burnand, Princess Elizabeth, Elizabeth, Prince Philip, Prince Charles and Princess Anne, Eddie Worth, Margaret, Hulton, Sir Gerald Creasy, Paul Popper, Princess Margaret, Queen Elizabeth II, Prince, Popperfoto, Prince Edward, Princess Anne, Richard Nixon, William Lovelace, Serge Lemoine, David McFall, Anwar Hussein, Tim Graham, Camilla Parker Bowles, Lady Diana Spencer, Princess Diana, William, Diana, David Levenson, Johnny Eggitt, Nelson Mandela, David Thomson, Princess Diana's, Jayne Fincher, Thomas Coex, Adrian Dennis, Chris Ison, Prince of, Camilla, Matt Dunham, Prince William, Kate Middleton, James Devaney, FilmMagic, Andrew Milligan, Barack Obama, Chris Radburn, Duchess of Cornwall, Catherine , Duchess of Cambridge, Dominic Lipinski, Alessandro Bianchi, Mohd Rasfana, Andrew Parsons, Prince Charles , Prince Andrew, Duchess Camilla, Meghan Markle, Jonathan Brady, Max Mumby, He's, Prince George, Princess Charlotte, Prince Louis, Meghan, PoolAP Charles, Tim P, Paul Chiasson, Ben Stansall, Duchess, Cambridge, Hannah McKay, Reuters Charles, Liz Truss, Yui Mok, Queen Consort, Victoria Jones, Volodymyr Zelensky, Zelensky, Aaron Chown, Handout, Dan Kitwood, Andrew Matthews, Sarah Tilotta, Toby Hancock, CNN Charles, Giles, Jane Barlow, Emmanuel Macron, Benoit Tessier, Peter Nicholls, Britain's King Charles III, Estelle Paranque Organizations: London CNN, Clarence House, Reuters, CNN, BBC, British, Getty, Royal, Publishing, Macmillan Cancer, Cancer Research, Herbert Irving Comprehensive Cancer, Presbyterian, Columbia University Irving Medical Center, Topical Press Agency, Royals, CNN’s Royal, Buckingham Palace, Central Press, Hulton, Hulton Deutsch, Westminster Abbey, Keystone, Royal Navy, Queen, Trinity College , Cambridge, Bettmann, Hulton Royals, Cheshire Regiment, Spice, Westminster Hall, Royal Horticultural Society's, Chelsea, London Palladium, BBC Scotland's, Office, Zephyr, Army Air Corps, Sandringham, Royal Air Force, Whitby, Imperial State Crown, Royal Military Academy Sandhurst, Cathedral, Scotland, King, London Clinic, Northeastern University London Locations: London, British, Dubai, United Arab Emirates, Buckingham Palace, United Kingdom, NewYork, Queen, Windsor, Wales, Buckingham, Malta, Westminster, France, Washington, Kenya, West Berlin, Canada, Cirencester, England, Canterbury, India, Manchester, Papua New Guinea, Toronto, AFP, Balmoral, Balmoral , Scotland, Paris, Ashbourne, Ranville, Prince of Wales, Amatrice, Borneo, St, John's, Newfoundland, Labrador, Nyamata, Rwanda, St James's, Hamburg, Germany, Edward's, Edinburgh, Scotland, of Versailles, Versailles
London stock market trading resumes after small cap outage
  + stars: | 2023-12-05 | by ( ) www.reuters.com   time to read: +1 min
Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. "Impacted securities are now in regular trading," LSEG said in a notice published on its website. FTSE 100 (.FTSE), FTSE 250 (.FTMC) and International Order Book securities - shares listed in London by overseas companies - had continued to trade normally, the exchange said. It is the second time LSEG has flagged a disruption to trading in smaller stocks on the London market in less than two months. In 2019, the London Stock Exchange suffered an almost two-hour outage that hit FTSE 100 and midcap stocks, which LSEG said was caused by a “technical software issue”.
Persons: Toby Melville, LSEG, Thomson, Danilo Masoni, Alun John, Amanda Cooper, Kirsten Donovan Organizations: London Stock Exchange, REUTERS, Tullow, CMC, FTSE, Thomson Reuters, Reuters, Thomson Locations: Canary Wharf, London, Britain, LSEG
Signage is seen for British utility company Thames Water at a repair site in London, Britain, June 28, 2023. REUTERS/Toby Melville/File Photo Acquire Licensing RightsLONDON, Dec 5 (Reuters) - Thames Water, Britain's biggest water utility, is proceeding with a three-year turnaround plan, it said on Tuesday, adding it had a high level of liquidity and the support of investors, as it seeks to ease concern over its financial stability. Thames Water's environment record has also come under scrutiny. "Our shareholders support this much needed investment, underscoring their commitment to delivering Thames' turnaround." Robert Goodwill, chairman of Britain's environment, food and rural affairs committee, said that he may need to ask Thames Water bosses further questions.
Persons: Toby Melville, Cathryn Ross, Alastair Cochran, Robert Goodwill, Sarah Young, Kate Holton, Barbara Lewis Organizations: Thames, REUTERS, Media, Thames Water, Ontario, China Investment Corp, Thomson Locations: London, Britain, Thames
REUTERS/Toby Melville/File Photo Acquire Licensing RightsLONDON, Dec 4 (Reuters) - Sluggish global growth, a higher risk of borrowers defaulting on loans and pressure on profitability mean that banks face a negative outlook in 2024, credit rating agency Moody's said on Monday. Pockets of stress in property markets in the Asia-Pacific region were also likely to continue, the report said. Moody's said in its report that it expected money to remain tight next year, lowering economic growth even as central banks are expected to start cutting rates. China's growth is also set to slow amid muted spending by consumers and businesses, weak exports and an ongoing property crunch, the report said. However, capital levels - which underpin the financial soundness of banks - are expected to broadly hold up, the report said.
Persons: Toby Melville, Moody's, Felipe Carvallo, Iain Withers, Chizu Organizations: Bank of, REUTERS, Moody's Investors Services, Bank, Moody's Investors Service, Thomson Locations: Canary, Bank of England, London, Britain, United States, Europe, Asia, Pacific
[1/2] A sign is seen at the arrivals passport control area of Terminal 5, at Heathrow Airport, London, Britain, March 23, 2023. REUTERS/Toby Melville/files Acquire Licensing RightsLONDON, Dec 4 (Reuters) - Britain will announce changes to its legal migration system on Monday after a record number of arrivals in 2022 piled pressure on Prime Minister Rishi Sunak to act ahead of an election expected next year. Sunak's spokesperson said he believes net migration needs to be reduced "significantly". Interior minister James Cleverly will give a statement to parliament later on Monday detailing more measures to reduce legal migration and to "stop abuse of the system," the spokesperson said. Annual net migration to the United Kingdom hit a record of 745,000 last year and has stayed at high levels since, data showed last month.
Persons: Toby Melville, Rishi Sunak, Sunak, Sunak's, James, aren't, Alistair Smout, William Schomberg, Andrew MacAskill, Sarah Young Organizations: Heathrow Airport, REUTERS, Conservative Party, Union, Bank of England, Thomson Locations: London, Britain, Rwanda, United Kingdom
Microsoft's $3.2 bln UK investment to drive AI growth
  + stars: | 2023-11-30 | by ( ) www.reuters.com   time to read: +2 min
Britain's Prime Minister Rishi Sunak and Microsoft President Brad Smith attend the AI Safety Summit in Bletchley Park, near Milton Keynes, Britain, November 2, 2023. Britain, where the economy is forecast to be sluggish in the coming years, is pushing for private investment to help fund new infrastructure, particularly in growth industries like AI. "Today's announcement is a turning point for the future of AI infrastructure and development in the UK," Sunak said in a statement on Thursday. Since then, the UK regulator waved through a restructured version of Microsoft's $69 billion acquisition of Activision Blizzard , putting Britain back in Microsoft's favour. The investment includes a training plan to help ensure Britons have the skills they need to build and work with AI, it added.
Persons: Rishi Sunak, Brad Smith, Toby Melville, Sunak, Microsoft's, Smith, Jeremy Hunt, Sarah Young, Elaine Hardcastle Organizations: Britain's, Microsoft, REUTERS, U.S ., Activision Blizzard, Thomson Locations: Bletchley Park, Milton Keynes, Britain, Microsoft's, London
India's Tata Technologies soars 140% in pre-open debut trade
  + stars: | 2023-11-30 | by ( ) www.reuters.com   time to read: 1 min
A Tata sign is seen outside their offices in London, Britain March 30, 2016. REUTERS/Toby Melville/File Photo Acquire Licensing RightsBENGALURU, Nov 30 (Reuters) - Shares of India's Tata Technologies (TATE.NS) surged 140% in their trading debut on Thursday, valuing the company at 486.80 billion rupees ($5.84 billion). The stock debuted at 1,200 rupees in pre-open trade, compared with its initial public offer (IPO) price of 500 rupees. This is the first Tata Group company to go public since Tata Consultancy Services (TCS.NS) listed in 2004. ($1 = 83.3040 Indian rupees)Reporting by Rama Venkat in Bengaluru; Editing by Mrigank DhaniwalaOur Standards: The Thomson Reuters Trust Principles.
Persons: Toby Melville, Rama Venkat, Mrigank Organizations: Tata, REUTERS, Rights, India's Tata Technologies, Tata Group, Tata Consultancy Services, Thomson Locations: London, Britain, Bengaluru
The blue-chip FTSE 100 (.FTSE) index dipped 0.1%, while the pan-European STOXX 600 (.STOXX) rose 0.5%. The life insurance sector (.FTNMX303010) fell 0.4%, with Prudential (PRU.L) slipping 0.7% after Deutsche Bank reduced its price target on the stock. Banks (.FTNMX301010) slipped 1.7% following a 2.3% fall in HSBC (HSBA.L), which was the biggest weight on the FTSE 100. Among individual stocks Halfords Group (HFD.L) plunged 21.1% after the bicycles-to-car parts retailer narrowed its annual profit forecast range. Reporting by Shashwat Chauhan in Bengaluru; Editing by Dhanya Ann Thoppil and Eileen SorengOur Standards: The Thomson Reuters Trust Principles.
Persons: Toby Melville, Andrew Bailey, BoE Governor Andrew Bailey, Eddie Cheng, Banks, Shashwat Chauhan, Dhanya Ann Thoppil, Eileen Soreng Organizations: London Stock Exchange Group, REUTERS, Aviva, Bank of England, Prudential, Deutsche Bank, U.S . Federal Reserve, Allspring Global Investments, HSBC, Halfords, Thomson Locations: City, London, Britain, Europe, United States, Bengaluru
Signage is seen for the FCA (Financial Conduct Authority), the UK's financial regulatory body, at their head offices in London, Britain March 10, 2022. REUTERS/Toby Melville/File Photo Acquire Licensing RightsLONDON, Nov 29 (Reuters) - Investment advisers in Britain should hold extra capital to cover compensation costs, regulators proposed on Wednesday, in a bid to put a lid on the rising bill for bad advice. It is important that the polluter pays," Sarah Pritchard, the FCA's executive director of markets and international, said in a statement. Advisers already have to set aside a minimum of 20,000 pounds in capital to operate. PIMFA, a trade body for financial advisers, said it welcomed a "polluter pays" model, but urged a proportionate approach to avoid barring new entrants.
Persons: Toby Melville, Sarah Pritchard, Yadarisa, Dhanya Ann Thoppil, Christina Fincher Organizations: FCA, Financial, Authority, REUTERS, Investment, steelworkers, Thomson Locations: London, Britain, Bengaluru
A street cleaning operative walks past the London Stock Exchange Group building in the City of London financial district, whilst British stocks tumble as investors fear that the coronavirus outbreak could stall the global economy, in London, Britain, March 9, 2020. The exporter-heavy FTSE 100 (.FTSE) fell 0.6% touching a two-week low intraday, while the more domestically-oriented FTSE 250 midcap index (.FTMC) also shed 0.6%. Personal goods (.FTNMX402040) led declines among the major FTSE 350 sectors, with Burberry Group (BRBY.L) falling 2.7% after HSBC reduced the stock's price target. Investors will look ahead to UK mortgage data, inflation prints across the eurozone, and a Personal Consumption Expenditures (PCE) report in the U.S. - the Federal Reserve's preferred inflation gauge - later this week. Man Group (EMG.L) fell 3.2% after Morgan Stanley downgraded the hedge fund manager's stock to "Equal-Weight" from "Overweight".
Persons: Toby Melville, inflation's, Andrew Jones, Janus Henderson, Dave Ramsden, Jonathan Haskel, Pearson, Morgan Stanley, Shashwat Chauhan, Sonia Cheema Organizations: London Stock Exchange Group, REUTERS, Royce, Burberry Group, HSBC, PT Pearson, Man, Janus Henderson Investors, Bank of England's, Thomson Locations: City, London, Britain, U.S, Bengaluru
[1/4] An employee views examples of the Parthenon sculptures, sometimes referred to in the UK as the Elgin Marbles, on display at the British Museum in London, Britain, January 25, 2023. REUTERS/Toby Melville/File Photo Acquire Licensing RightsATHENS/LONDON Nov 28 (Reuters) - Greece's government on Tuesday accused Britain of showing "a lack of respect" by abruptly cancelling a meeting between their leaders at short notice in a dispute over ancient Greek sculptures brought to Britain in the early 19th century. British Prime Minister Rishi Sunak cancelled a planned wide-ranging meeting with his Greek counterpart Kyriakos Mitsotakis after the latter raised the decades-old demand for the return of the Parthenon sculptures from the British Museum. "It shows a lack of respect to the prime minister but also to the country he represents." "I don't think the prime minister needed really to intervene in this way and it hasn't particularly helped our relationships with Greece."
Persons: Toby Melville, Rishi Sunak, Kyriakos Mitsotakis, Pavlos Marinakis, Lord Elgin, Mitsotakis, Mona Lisa, Marinakis, Ed Vaizey, Vaizey, Alistair Smout, Bernadette Baum Organizations: Elgin, British Museum, REUTERS, British, BBC, Conservative, Sky News, Thomson Locations: London, Britain, Greece, Ottoman, Athens, Gaza, Ukraine, British
[1/3] An employee views examples of the Parthenon sculptures, sometimes referred to in the UK as the Elgin Marbles, on display at the British Museum in London, Britain, January 25, 2023. Athens has long campaigned for the return of the Elgin Marbles, as they are often described. The 75 metres of Parthenon frieze, 15 metopes and 17 sculptures were removed by diplomat Lord Elgin in the early 19th century, when he was ambassador to the Ottoman Empire then ruling Greece. "We have not made as much progress as I would like in the negotiations," Mitsotakis told BBC television on Sunday. The Financial Times last week reported that Starmer would not block a "mutually acceptable" loan deal for the sculptures.
Persons: Toby Melville, Kyriakos Mitsotakis, Rishi Sunak, Lord Elgin, Mitsotakis, we've, George Osborne, Sunak, Keir Starmer, Starmer, William Schomberg, Lefteris Papadimas, David Goodman Organizations: Elgin, British Museum, REUTERS, British, BBC, Museum, Labour Party, Financial, Thomson Locations: London, Britain, Athens, Ottoman Empire, Greece, British
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