Edition:
United Kingdom

Rama Venkat

Nikola share slump deepens as founder resigns

21 Sep 2020

Shares of electric-truck maker Nikola Corp tumbled as much as 30% on Monday after founder Trevor Milton stepped down following claims of nepotism and fraud by a Wall Street short-seller that have drawn interest from U.S. regulators. | Video

British mall owner Intu puts Trafford Centre for sale

12 Aug 2020

Trafford Centre, one of Britain's major shopping centres, is being put up for sale, a source familiar with the matter told Reuters late Tuesday, in less than two months after its parent company Intu Properties collapsed into administration.

Shale pioneer Chesapeake Energy files for bankruptcy

29 Jun 2020

NEW YORK Chesapeake Energy Corp filed for Chapter 11 on Sunday, becoming the largest U.S. oil and gas producer to seek bankruptcy protection in recent years as it bowed to heavy debts and the impact of the coronavirus outbreak on energy markets.

Biden wins enough delegates to clinch U.S. Democratic nomination

06 Jun 2020

Former U.S. Vice President Joe Biden secured enough delegates to formally clinch the Democratic presidential nomination on Friday, setting the stage for a challenge to President Donald Trump in the November election.

Twitter, Facebook disable Trump video tribute to Floyd over copyright complaint

06 Jun 2020

Twitter Inc, Facebook Inc and Instagram disabled President Donald Trump's campaign tribute video to George Floyd on their platforms on Friday, citing copyright complaints. | Video

Intelsat files for Chapter 11 bankruptcy

14 May 2020

Satellite operator Intelsat SA said late on Wednesday that it filed for Chapter 11 bankruptcy protection, making it the latest casualty of severe business disruptions caused by the COVID-19 pandemic.

Stage Stores files for bankruptcy as pandemic chokes sales

11 May 2020

Stage Stores Inc filed for Chapter 11 bankruptcy late on Sunday, the latest casualty of the coronavirus pandemic following the collapse of luxury store chain Neiman Marcus and apparel retailer J. Crew Group Inc.

World News

Ethiopia war destabilising east Africa, warns EU

Fighting between Ethiopia's military and regional forces from the northern Tigray region is seriously destabilising the East African and Horn region and hostilities should halt, the European Union foreign policy chief said.