Austrian former billionaire Rene Benko went on trial on Tuesday in Vienna in connection with the collapse of his property empire, Signa Group — once one of Europe’s largest real estate firms. At its peak, Signa held high-profile assets such as stakes in New York’s Chrysler Building and the British department store Selfridges, before becoming […]
Lloyds Banking Group announced on Monday that it will take an additional charge of £800 million ($1.07 billion) related to the UK motor finance mis-selling scandal, raising its total provision to £1.95 billion. The move follows new guidance from the Financial Conduct Authority (FCA), which expanded the scope of potentially affected cases. The FCA’s proposed […]
French Prime Minister Sebastien Lecornu announced his new cabinet on Sunday, retaining most of his previous top ministers despite pledging “renewal and diversity.” Reappointed just last week after a short 27-day tenure, Lecornu kept key figures such as Finance Minister Roland Lescure, Foreign Minister Jean-Noel Barrot, and Justice Minister Gerald Darmanin. Catherine
Prime Minister Keir Starmer on Wednesday dismissed accusations that Britain sought to appease China by halting the prosecution of two men accused of spying for Beijing, asserting that the decision stemmed from legal limitations rather than political motives. British prosecutors had unexpectedly dropped charges last month against Christopher Cash, 30, and Christopher Berry,
Germany’s federal cabinet has approved new measures to curb the online sale of cannabis, following a sharp rise in imports since the country legalised recreational use of the drug in April 2024. The amendment will mandate in-person consultations with doctors for cannabis prescriptions and prohibit mail-order deliveries, limiting distribution to physical pharmacies to
London’s FTSE 100 remained largely unchanged on Tuesday, as investors paused following last week’s record highs. The blue-chip index stood at 9,480.84 at 1050 GMT, while the mid-cap FTSE 250 slipped 0.2%. Gains in major energy stocks helped offset broader market declines, keeping the overall market relatively steady. Retailers led the losses, with the FTSE […]
British Jewish communities are increasing security measures ahead of the Sukkot holiday following last week’s deadly attack outside a synagogue in Manchester, where a man drove into pedestrians and stabbed worshippers on Yom Kippur. Two victims were killed, one reportedly by police error, prompting fears that Jews in the UK are being unfairly targeted amid […]
Prince Harry narrowly avoided potential danger during his recent visit to Britain after a known stalker came close to him on two separate occasions, according to a security source. The incidents reportedly took place last month — once at a charity awards event and again at the Centre for Injury Studies (CIS) at Imperial College […]
British Prime Minister Keir Starmer will call on his Labour Party to unite as he warns of a “fight for the soul of our country” amid growing pressure from Nigel Farage’s Reform UK. Speaking at Labour’s annual conference in Liverpool, his second since last year’s landslide win, Starmer is expected to stress that Britain stands […]
The European Union will announce new emissions-cutting targets for 2035 and 2040 ahead of the COP30 climate summit in November, European Commission President Ursula von der Leyen confirmed on Tuesday. The bloc had missed the recent U.N. deadline to submit updated climate goals, known as nationally determined contributions (NDCs), while other major economies including China









