England

Dollar, European stocks steady with U.S. debt deal in focus

LONDON/SYDNEY, May 30 (Reuters) - The U.S. dollar steadied after climbing to a two-month high and European stocks flattened on Tuesday as relief that a possible default by the U.S. government had been averted gave way to concern that the deal could face a rocky path through Congress.

The U.S. dollar index and longer-dated U.S. Treasuries rallied as traders welcomed the deal to suspend Washington's borrowing limit until January 2025 in exchange for caps on spending and cuts in government programmes.

EU official says Twitter abandons bloc’s voluntary pact against disinformation

LONDON (AP) — Twitter has dropped out of a voluntary European Union agreement to combat online disinformation, a top EU official said Friday.

European Commissioner Thierry Breton tweeted that Twitter had pulled out of the EU’s disinformation “code of practice” that other major social media platforms have pledged to support. But he added that Twitter’s “obligation” remained, referring to the EU’s tough new digital rules taking effect in August.

“You can run but you can’t hide,” Breton said.

Travelers to UK face long waits amid systems problem affecting electronic gates

LONDON (AP) — The British government is working to fix a technical problem that caused electronic border gates at airports around the country to stop working late Friday, leading to hourslong waits for travelers entering the U.K. at the start of a busy holiday weekend.

Travelers posted photos of long lines at airports around the country as all incoming passengers were forced to use manned passport desks, instead of the automatic gates equipped with electronic passport scanners.

UK’s Sunak vows to cut immigration as figures hit new high

LONDON, May 26 (NNN-AGENCIES) — Net migration in the UK hit a record 606,000 in 2022, official figures showed on Thursday, heaping pressure on the government, which has pledged to cut dependency on foreign labour.

Responding to the figures, Prime Minister Rishi Sunak described legal immigration levels as “too high”.

“It’s as simple as that and I want to bring them down,” he told ITV in an interview.

Trial Actually - actor Hugh Grant gets his day in court against Murdoch paper: UK

LONDON, May 26 (Reuters) - British actor Hugh Grant's claims that journalists at the Sun used private investigators to tap his phone and burgle his house can proceed to trial, but his allegations about voicemail interception were made too late, London’s High Court ruled on Friday.

Grant, alongside King Charles' son Prince Harry, is suing Rupert Murdoch's News Group Newspapers (NGN) for widespread alleged unlawful information gathering that he says was committed on behalf of its tabloid, the Sun.

UK: BA cancels dozens of flights over computer problems ahead of busy holiday weekend

LONDON (AP) — British Airways canceled dozens of flights on Friday due to computer problems, disrupting the plans of thousands of travelers at the start of a busy holiday weekend.

Most of the 42 affected flights were on short-haul routes to and from Heathrow, Europe’s busiest airport. Computer issues on Thursday caused planes and crew to be out of position Friday, which was expected to be the busiest day for U.K. air travel since before the coronavirus pandemic.

Other flights were delayed, as some passengers were unable to check in online.

Russian gold shipments to the UAE, China and Turkey

LONDON, May 25 (Reuters) - The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia's more traditional export routes, Russian customs records show.

The records, which contain details of nearly a thousand gold shipments between Feb. 24, 2022 and March 3 this year, reveal the names of over 100 non-Russian companies that have handled Russian gold since Western markets banned imports from Moscow.

The shipments in the records, supplied to Reuters by a commercial provider, may not cover all exports in the period.

Russian hypersonic scientist accused of betraying secrets to China

LONDON, May 24 (Reuters) - The director of a top Russian science institute, arrested on suspicion of treason along with two other hypersonic missile technology experts, stands accused of betraying secrets to China, two people familiar with the case told Reuters.

Alexander Shiplyuk, head of Siberia's Khristianovich Institute of Theoretical and Applied Mechanics (ITAM), is suspected of handing over classified material at a scientific conference in China in 2017, the sources said.

Harry loses court bid over UK police protection

LONDON, May 23 (Reuters) - Prince Harry on Tuesday lost his legal bid to challenge the British government's refusal to let him pay for his own police protection when he is in the United Kingdom.

Harry, King Charles' younger son, was stripped of the police security usually afforded to royal figures in the United Kingdom after he and his American wife Meghan stepped down from their official roles in 2020 to move to the United States.

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