LONDON (Reuters) - The family of a Libyan man found guilty of the 1988 Lockerbie plane bombing which killed 270 people will seek to appeal the conviction direct to Britain's top court after being refused permission by the Scottish Appeal Court, their lawyer said. Abdel Basset al-Megrahi, an intelligence officer who died in...
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By Takashi Umekawa and Oliver Hirt TOKYO/ZURICH (Reuters) - Credit Suisse (SIX:CSGN) shares edged higher on Thursday, ending a losing streak in which they shed close to a fifth of their value, though the lender is yet disclose how much it lost in trades for stricken U.S. fund Archegos. Defaults on margin calls by Archegos Capital, a family office run...
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LONDON (Reuters) - Electric vehicle battery startup Britishvolt is considering going public, possibly through a merger with a special purpose acquisition company (SPAC), it said on Thursday, as it continues fundraising for a 2.6 billion pound ($3.59 billion) plant in England. The startup has appointed Guggenheim Capital LLC and Barclays (LON:BARC) Plc to explore merger options, including a SPAC....
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BERLIN (Reuters) - The German government has agreed to make available further financial aid for companies hit by lockdown measures during the coronavirus pandemic, the economy and finance ministries said in a joint statement on Thursday. Among other measures, companies that lost half of their revenue or more for at least three months since November will be eligible for a capital injection,...
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By Abhinav Ramnarayan and Anna Irrera LONDON (Reuters) - Deliveroo's share price plunge on its London stock market debut has put a question mark over Britain's ambitions to become a home for fast-growing tech companies following its departure from the European Union, investors and analysts say. Shares in the food delivery company slumped as much as 30% on Wednesday in one of...
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LONDON (Reuters) - Britain's opposition Labour leader Keir Starmer has expressed scepticism about the use of so-called vaccine passports to allow people to access hospitality and entertainment venues, saying the "British instinct" could be against such documents. The government is reviewing the idea of asking people to show proof of a COVID-19 vaccination to access crowded spaces such as pubs or sports...
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GENEVA (Reuters) - Europe should match the ambition shown by the United States with its huge new economic stimulus, French Finance Minister Bruno Le Maire said on Thursday. The new administration of U.S. President Joe Biden is already making payments to households under a new $1.9 trillion COVID-19 relief package and plans to plough $2.3 trillion into infrastructure investments to fire up...
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LONDON (Reuters) - A British police officer has been found guilty of being a member of a banned neo-Nazi group and possessing extremist material including the manifesto of Norwegian mass killer Anders Behring Breivik, the BBC said. Benjamin Hannam, 22, a probationary police constable with the London Metropolitan Police, is believed to be the first serving British officer to be convicted of...
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By Peter Nurse Investing.com - U.S. stocks are seen opening higher Thursday, starting a new quarter on a positive note as investors digest the Biden administration’s tax and spending plans. At 7:05 AM ET (1205 GMT), the Dow Futures contract was up 3 points, largely flat, S&P 500 Futures traded 10 points, or 0.3%, higher, and Nasdaq 100 Futures climbed 115 points, or...
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By Yilei Sun and Tony Munroe BEIJING (Reuters) - A Volkswagen (DE:VOWG_p) joint venture in China has agreed to buy green car credits from Tesla to help meet local environmental rules, three people briefed on the matter told Reuters. The deal, the first of its kind to be reported between the two companies in China, highlights the scale of the task...
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