NEW YORK, July 11 (Reuters) – The euro slid to a 20-year low and came closer to parity against the dollar on Monday on concerns that an energy crisis will tip the region into a recession, while the U.S. currency was boosted by expectations that the Federal Reserve will hike rates faster and further than … Read more
With the political crisis unfolding in the United Kingdom (UK) after Boris Johnson’s resignation and his relegation to caretaker Prime Minister (PM), Rishi Sunak, the former finance minister, is among one of the favourites to replace Johnson as the next British premier. If it happens, the 42-year-old could become the first Indian-origin prime minister of … Read more
Following a week of chaos and misery, as Prime Minister Boris Johnson refused to leave Downing Street despite it being abundantly clear to virtually everyone else that the jig was up, they can now begin the search for a new leader after Johnson finally resigned (sort of) on Thursday. Johnson’s deputy chief whip, Chris Pincher, … Read more
Boris Johnson resigned as UK Prime Minister following a series of resignations from his ministers who sailed him through thick and thin times of his tenure but finally said it had become “too much”. Rishi Sunak, who resigned as UK Finance Minister two days ago, is a top contender to be the … Read more
The United Kingdom woke on Thursday morning to more than 50 members of government leaving their posts, including five cabinet ministers. The previous day, Johnson began by vowing to fight on, despite the shock resignations of his finance minister, health secretary and dozens of other lawmakers furious about the latest saga to engulf Downing Street: … Read more
Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo Register now for FREE unlimited access to Reuters.com Register Recession fears continue to cap price gains Dollar holds at 20-year high against the euro China reports new COVID cases across the country Oil … Read more
And this time, it’s a lot worse than all the other times. On Tuesday evening, after days in which Downing Street has been on the ropes over its handling of allegations of sexual misconduct by a member of the government, two senior Cabinet ministers quit. Health Secretary Sajid Javid said he could not “in good … Read more
Chancellor Rishi Sunak and Health Secretary Sajid Javid both announced they were quitting in letters posted to Twitter within minutes of each other on Tuesday evening. “The public rightly expect government to be conducted properly, competently and seriously,” Sunak said in his resignation letter. “I recognise this may be my last ministerial job, but I … Read more
LONDON, July 2 (Reuters) – Playing Rafael Nadal on clay is considered to be one of the most frustrating challenges in tennis. On Saturday’s evidence, playing him on grass can be just as infuriating – just ask Lorenzo Sonego. The Italian had boldly talked up his chances of halting the Spaniard’s charge towards a rare … Read more
LONDON, June 29 (Reuters) – Five-times Wimbledon singles champion Venus Williams will return to action for the first time in almost a year after the American and Briton Jamie Murray were on Wednesday granted a wildcard for the mixed doubles at the All England Club. The 42-year-old has not played on the Tour since a … Read more