Britain Financial News
09.09 / 18:45
UPS
Platform
Action-adventure
voice
Videos
Interviews
A blockbuster Chinese video game sparks debate on sexism in the nation’s gaming industry
A blockbuster new Chinese video game is smashing records
09.09 / 16:52
FIVE
Strategy
MSCI
Universities
M&G unveils China-focused equity fund
The M&G China fund will focus on a universe of around 300 Chinese companies and will hold between 50 to 80 stocks. The launch of this fund is part of the firm's strategy to make its investment capabilities more widely accessible to external investors, with a focus on the UK wealth managers as they seek to increase their allocation globally. In addition, it will aim to deliver a higher total return net of ongoing charges figure compared to the MSCI China with 100% China A Share index over any five years. The move comes at a time when Chinese equity valuations have reached all-time ...
09.09 / 13:41
markets
UPS
Target
Boeing
reports
Bank of England QT decision could free up billions for Reeves ahead of Autumn Budget - reports
At the upcoming meeting, the BoE's monetary policy committee (MPC) will set out its programme for selling gilts back to financial markets over the next 12 months to reduce its balance sheet, according to a report by The Times. Almost 70% of fund managers expect Labour policies to boost economic growth The UK's central bank is currently losing billions of pounds on its bond sales with the Treasury picking up the tab, which impacts how much spending power Chancellor Rachel Reeves will have, considering Labour's target to lower the debt ratio over a five-year rolling period. BoE estim...
09.09 / 10:53
Digital
BBC
Trade
President
Bitcoin
recommendations
Features
Russian Businesses Urge Moscow to Allow Unchecked Use of Crypto and Stablecoins
Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...
09.09 / 04:26
Target
Man
War
Inside
reports
rights
Israeli strikes in central Syria kill seven: war monitor
Israeli strikes in central Syria killed at least seven people late Sunday, including three civilians, a war monitor reported. Since the start of the civil war in Syria in 2011, Israel has carried out hundreds of strikes there, targeting pro-Iranian groups in particular. «The number of dead in the Israeli strikes on the Masyaf region stands at seven, namely three civilians, including a man and his son who were in a car, and four unidentified soldiers,» said the Britain-based Syrian Observatory for Human Rights, which has a vast network of sources inside the country.
09.09 / 01:35
08.09 / 18:08
markets
Progressive
Mobile
Election
Trade
country
India-UK FTA talks likely to resume next month, Labour to revisit mobility
New Delhi: Talks on a free trade agreement (FTA) between the UK and India is expected to resume next month after a “comprehensive review" of progress so far by the two sides, two people aware of the matter said, with subjects like migration and mobility put under the scanner by the new Labour government led by Prime Minister Keir Starmer. "The fourteenth round of FTA negotiations, stalled due to the general elections in both countries, will kickstart again next month, now that elections are over and new governments have taken charge," said the first person mentioned above, speaking under anonymity. "Both sides are hoping for a quick completion of the FTA.
08.09 / 15:27
UPS
Manufacturing
Micron
country
electronic
Interviews
Destinations
Like-minded nations collaborating with India to make it a chip manufacturing hub: Krishnan
semiconductor manufacturing destination, a top Electronics and IT ministry official said on Sunday. In an interview with PTI, Ministry of Electronics and IT Secretary S Krishnan said pilot facilities of US storage semiconductor maker Micron and Tata Electronics have already rolled out chips, and their main plants in Gujarat will begin to produce made-in-India chips from the later part of 2025. «Globally, and thanks to geopolitical circumstances, there is an increasing realisation that semiconductors are a very important and strategic commodity, and therefore, we need substantial resilience in the production of semiconductors,» Krishnan said. The importance of resilience in semiconductors was underlined during the pandemic when many industries — including the auto industries, medical devices industries and other electronics, and consumer electronics industries — suffered because they did not have access to chips, which led to a belief that there should be greater diversification, especially for sourcing of semiconductors, he added.
08.09 / 04:49
UPS
Booking
War
Diversity
country
reports
The diplomats who built India’s foreign policy
Nehru’s First Recruits: The Diplomats Who Built Independent India’s Foreign Policy, is a reminder that India’s foreign policy did not take shape in the hands of the current external affairs ministry, but has been built on a long legacy of a storied foreign service founded in 1948 by India’s first Prime Minister Jawaharlal Nehru. As the title suggests, Bhattacherjee’s book is about India’s very first diplomats, the men and women recruited to the Indian Foreign Service (IFS) in the first dozen years after independence who helped shaped an independent foreign policy for a country that had been a British colony for nearly two centuries.
07.09 / 20:57
UPS
FIVE
Man
security
country
Courts
Taylor Fritz ends America's 15-year wait, sets up US Open final with Jannik Sinner
Taylor Fritz became the first American man since 2009 to reach a Grand Slam final on Friday, setting up a US Open title showdown against world number one Jannik Sinner. Fritz, the world number 12, twice fought back to defeat compatriot Frances Tiafoe 4-6, 7-5, 4-6, 6-4, 6-1 in his semi-final. Australian Open champion Sinner became the first Italian man to make the New York final with a 7-5, 7-6 (7/3), 6-2 win over an ailing Jack Draper of Britain.
07.09 / 15:49
UPS
Waters
Death
Celebrity
Inside
reports
Investigations
Superyacht sinking victims died of ‘dry drowning,’ initial autopsies find
Initial results of autopsies conducted on four of the people who died on board the Bayesian superyacht revealed the victims may have died of suffocation as opposed to drowning.
07.09 / 15:42
markets
Provident
SUN
CEO
Research
SpaceX
reports
Jeff Bezos coming for Elon Musk, to launch rival to Starlink
satellite internet market. The CEO of SpaceX, who is responsible for the Starlink satellite internet service, Elon Musk, is facing serious competition from Jeff Bezos, the founder of Amazon. More than 6,000 satellites from Musk's Starlink have already been launched into orbit, providing internet connectivity everywhere and even assisting with communications during the conflict in Ukraine. Along with growing its service offering, Starlink has lately started providing free emergency calls and has partnered with US cell networks like T-cell, as per the reports of The U.S. Sun.
07.09 / 15:24
Williams
security
SPY
President
War
CIA director says more detailed Gaza ceasefire proposal due in days
Gaza war and release of hostages held by Hamas, said a more detailed ceasefire proposal would be made in the next several days. After 11 months of conflict in Gaza, CIA Director William Burns said he was working very hard on «texts and creative formulas» with mediators Qatar and Egypt to secure a ceasefire, by finding a proposal which satisfies both parties. «We will make this more detailed proposal, I hope in the next several days, and then we'll see,» said Burns, speaking at a Financial Times event in London alongside Richard Moore, head of Britain's MI6 foreign spy agency, in an unprecedented joint public appearance.
07.09 / 13:37
SPY
War
Relationships
International
US, UK spy chiefs praise Ukraine's 'audacious' Russia incursion; call for Gaza cease-fire
intelligence agencies said Saturday that Ukraine's surprise incursion into Russia is a significant achievement that could change the narrative of the grinding 2 1/2-year war. Richard Moore, the head of MI6, said Kyiv's surprise move in August to seize territory in Russia's Kursk region was «typically audacious and bold on the part of the Ukrainians, to try and change the game». He said the offensive had «brought the war home to ordinary Russians». Speaking alongside Moore at a rare public event in London, CIA Director William Burns said the offensive was a «significant achievement» that had exposed vulnerabilities in the Russian military. Burns also warned of the growing and «troubling» defence relationship between Russia, China, Iran and North Korea that he said threatens both Ukraine and Western allies in the Middle East. North Korea has sent ammunition and missiles to Russia to use against Ukraine, while Iran supplies Moscow with attack drones.
07.09 / 08:20
markets
UPS
Schools
Equality
Colleges
Scandals
From ‘dirty Indian’ to titan of industry: The rise of Gujarmal Modi
The unravelling of a financial titan: Ravi Parthasarathy and the IL&FS scandal His destiny was that of the quintessential entrepreneur. Ram Baksh Modi, his great grandfather, supplied grain to the British army. His father Multani Mal was equally successful but opposed formal education.
07.09 / 04:52
UPS
Google
Justice
Department
‘Google abused its dominance’: UK regulator slams tech giant for ‘anti-competitive’ practices in ad service business
Google to implement behavioral remedies may not be sufficient to correct the abusive conduct, possibly opening the way for an order against Google to break up its ad tech business from its core services.Separately, the US Department of Justice will face Google in a September trial, calling for the break up of the search giant’s ad tech business over alleged illegal monopolization. The DoJ claims that Google’s dominance over advertising technology allows it to keep at least $0.30 out of every dollar advertisers spend through its online advertising tools.
06.09 / 20:37
Southern
evacuation
Videos
mountaineering
Tourists helicoptered down from Swiss mountain resort after mudslide cuts off road access
Helicopter crews ferried down scores of tourists stranded atop of one of Switzerland’s most popular mountain resorts on Friday after a mudslide a day earlier cut off road access until next week
06.09 / 20:12
Citi
Art
Action
Basketball
Colleges
Sporting
Sports betting firm bet365 fined $33K for taking bets after outcomes were known
New Jersey gambling regulators have levied a $33,000 fine on sports betting company bet365 for taking bets on games in which the outcome was already known, and on games that were not approved for betting
06.09 / 19:17
markets
UPS
Provident
Digital
Google
Investigations
UK watchdog accuses Google of anti-competitive behavior in digital ads business
Google is being slammed by U.K. regulators who say it’s taking advantage of its dominance in digital advertising to thwart competition in Britain
06.09 / 18:39
UPS
Cooper
Research
love
Universities
show
Autoworkers learn sign language hoping connection with deaf colleagues improves work and lives
One doesn’t need to know sign language to understand what Michael Connolly feels about his colleagues’ efforts to break down the barriers posed by his deafness
06.09 / 17:42
Airlines
security
WhatsApp
Diversity
Mumbai-Frankfurt Vistara flight lands safely in Turkey after diversion
Vistara Airlines announced on Friday that its Mumbai-Frankfurt flight that was diverted to Turkey due to security concerns has landed safely in Turkey. Sharing a post on X, Vistara wrote, «Flight UK27 from Mumbai to Frankfurt (BOM-FRA) has been diverted to Turkey (Erzurum airport) due to security reasons and has landed safely at 1905 hours. Please stay tuned for further updates.» This is a developing story.
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