Edition:
United Kingdom

Bhargav Acharya

Supercar group McLaren to cut 1,200 jobs across group amid pandemic

26 May 2020

British supercar manufacturer McLaren Group, which includes the Formula One team, said on Tuesday it would cut 1,200 jobs under a proposed restructuring programme as it deals with the fallout from the COVID-19 pandemic.

Ex-Trump campaign aide Gates asks to serve sentence at home over coronavirus fears

20 Apr 2020

U.S. President Donald Trump's former deputy campaign chairman Rick Gates has asked to serve his remaining 45-day "intermittent" prison sentence from his home over fears of contracting the coronavirus, a court filing showed.

UPDATE 2-CME's new contract no quick fix for gold market turmoil, traders say

25 Mar 2020

March 25 U.S. exchange operator CME Group on Tuesday announced a new gold futures contract to combat price volatility caused by the shutdown of gold supply routes, but traders and bankers said it would not immediately calm markets.

'Very strong' tornado rips through Nashville, killing at least nine

03 Mar 2020

At least nine people were killed by a powerful tornado that struck Nashville, Tennessee in the early hours of Tuesday morning, flattening buildings, damaging an airport and leaving tens of thousands of people without power. | Video

Judge orders talks over plans to move virus patients to a California city

25 Feb 2020

A U.S. judge barred the government from relocating coronavirus patients to southern California for another week on Monday and ordered it to discuss the move with state officials. | Video

Judge orders talks over plans to move virus patients to a California city

25 Feb 2020

Feb 25 A U.S. judge barred the government from relocating coronavirus patients to southern California for another week on Monday and ordered it to discuss the move with state officials.

Proxy adviser ISS opposes plan by Hudson's Bay chairman to take firm private

07 Dec 2019

Institutional Shareholder Services said on Friday it recommends shareholders vote against a plan by the chairman of Hudson's Bay Co to take the Saks Fifth Avenue owner private after the bid was topped by an offer from Catalyst Capital Group Inc.

Bankrupt PG&E reaches $13.5 billion settlement with California wildfire victims

07 Dec 2019

California's bankrupt power producer PG&E Corp said on Friday it had reached a $13.5 billion settlement with victims of some of most devastating wildfires in the state's modern history.

Marks & Spencer suffers fresh blow as finance chief quits

21 Sep 2019

Marks & Spencer Group Plc said on Saturday its chief financial officer, Humphrey Singer, was stepping down after little more than a year, a further setback as the retailer is demoted from Britain's leading share index.

M&S suffers fresh blow as finance chief quits

21 Sep 2019

Marks & Spencer Group Plc said on Saturday its chief financial officer, Humphrey Singer, was stepping down after little more than a year, a further setback as the retailer is demoted from Britain's leading share index.

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