G7 mulls a message to China: the West ain’t over just yet

The Group of Seven rich democracies will on Tuesday discuss ways of countering challenges from China and Russia without trying to contain Beijing or escalate tension with the Kremlin, two of its top diplomats said. Founded in 1975 as a forum for the West’s richest nations to discuss crises such as the OPEC oil embargo, […]

Climate finance targets top agenda for this week’s G7 meetings

Targets for climate finance and girls’ education will top the agenda at a meeting this week of foreign ministers from the Group of Seven advanced economies, this year’s chair Britain said on Sunday. The London summit will be the first attended in person by G7 foreign ministers for two years. Britain has also invited representatives […]

Word up! Scrabble marks UK lockdown easing with light show

LONDON (Reuters) – Some of Britain’s favourite words were projected onto buildings around London to mark the easing of lockdown restrictions and National Scrabble Day on Tuesday. Words like “freedom”, “hope”, “family” and “beer” to represent the mood of the nation were beamed in the style of the game’s letter tiles onto a pub, shops […]

Deliveroo ticks up as retail investors join trading

LONDON (Reuters) -Deliveroo shares opened slightly higher on Wednesday, the first day when retail investors were allowed to trade stock bought during the food delivery group’s initial public offering (IPO). At 0730 GMT on its first day of unrestricted trading, shares were up 2.7% at 287.7 pence, but still about 25% lower than the IPO […]

Exclusive-HSBC moves more than 1,200 UK staff to permanent home working

LONDON (Reuters) – HSBC is moving more than 1,200 staff in Britain to permanent working from home contracts, in one of the strongest indications yet of how banks are locking in changes to employees’ work patterns as a result of the pandemic to cut costs. Around 70% of the bank’s 1,800 call centre staff based […]

Queen thanks volunteers for helping Britain through the pandemic

LONDON (Reuters) – Queen Elizabeth has thanked the millions of people who stepped up to volunteer during the pandemic in Britain, including those who delivered food, medicines and friendship to vulnerable people shielding at home for months. The 94-year-old Queen joined Camilla, the Duchess of Cornwall and wife of heir-to-the throne Prince Charles, on a […]

UK’s National Grid makes green power play with $11 billion WPD buy

(Reuters) – National Grid will buy England’s largest electricity distribution business WPD from U.S.-based PPL for 7.8 billion pounds ($10.9 billion) as it positions itself for a climate-driven transition from gas to electric power. London-listed National Grid, which took over the English and Welsh power networks in 1990, also said on Thursday it would sell […]