Newsletter Sep 14, 2022

Old and young Britons honour departed Queen, greet new King

Elderly British army veterans known as the Chelsea Pensioners honoured Queen Elizabeth in London on Tuesday with a solemn historical rite, while in Northern Ireland a beaming schoolboy shook with glee and gestured to friends after shaking King Charles' hand.

Seeking right tone, new UK PM Truss had to quickly change gear for Queen

Just a week after Queen Elizabeth asked Liz Truss to form a government, Britain's new prime minister is attending services of reflection across the country with King Charles, determined to strike the right tone in her first days in power.

Britons back new King Charles, so long as he keeps quiet

King Charles has enjoyed a surge in support since he succeeded Queen Elizabeth as Britain's new monarch, a poll has shown, but some of those mourning his late mother warn he must follow her example and keep his views to himself.

Major UK port set for fresh eight-day strike

Workers at Britain's largest container port, Felixstowe, are to strike for a further eight days, union bosses announced Tuesday.

UK unemployment hits lowest since 1974 but jobs boom is fading

Britain's jobless rate hit its lowest since 1974 but the drop was due mostly to a fall in the size of the workforce and there were other signs that the country's jobs boom is petering out, adding to the Bank of England's inflation headache.

New king visits a tense and changing Northern Ireland

The devotion of Northern Ireland's unionists to Queen Elizabeth II bordered on the reverential, integrated with their wider sense of belonging to the United Kingdom, which they feel is under threat as never before.

'Not my king': Anti-monarchist arrests spark criticism in Britain

British police faced criticism from civil liberties groups on Tuesday over their treatment of anti-monarchy protesters who have publicly challenged King Charles III's accession to the throne.

Analysis-Wall St outlook darkens as grim inflation report tees up more Fed hawkishness

An already-murky outlook for U.S. stocks and bonds is growing darker, as sizzling inflation ratchets up expectations for how aggressively the Federal Reserve will need to raise rates.

EU plans Sept 30 summit to greenlight emergency energy plans

European Union energy ministers will attempt to approve new bloc-wide measures to pull down soaring gas and power prices at an emergency summit on Sept.

Paris to scale back monument lighting as energy bills bite

Paris will start switching off the ornamental lights that grace city monuments hours earlier than usual.

JPMorgan, BofA cautious on job cuts as Goldman layoffs loom

JPMorgan Chase and Bank of America, the two largest U.S. banks by assets, expressed caution about job cuts in contrast with Goldman Sachs, where hundreds of layoffs could start as early this month.

Google faces $25.4 billion damages claims in UK, Dutch courts over adtech practices

Alphabet unit Google will face damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two suits to be filed in British and Dutch courts in the coming weeks by a law firm on behalf of publishers.

Bayern beat Barcelona on Lewandowski return, Liverpool grab late winner

There was also a surprise defeat for Tottenham Hotspur at Sporting Lisbon, and Atletico Madrid were beaten on their trip to play Bayer Leverkusen.