Britain Financial News

While British fund manager abdrn predicts that the U.S. economy will see a soft landing, there is still the risk of a prolonged slowdown in 2025, said Kenneth Akintewe, the company's head of Asian sovereign debt.

The launch is aimed at raising liquidity for the two VCTs to invest in innovative early-stage UK companies and provide further support to existing portfolio companies. Earlier in 2024, the Mobeus VCTs streamlined their operations by having two of their investment vehicles, Mobeus Income & Growth 2 VCT and Mobeus Income & Growth 4 VCT, merged into Mobeus Income & Growth VCT and The Income & Growth VCT, respectively. European Commission approves ten-year UK sunset clause extension for VCTs and EIS Trevor Hope, managing director and CIO of private equity at Gresham House, which manage...

If approved by shareholders, the £123.7m Artemis Alpha will be wound up and rolled into the £193.6m Aurora portfolio, creating the Aurora UK Alpha trust. Shareholders in the Artemis trust will be given a chance to elect for a cash exit for up to 25% of the issued share capital, giving shareholders the ability to part egress their investment. Investment Week unveils finalists for Investment Company Awards 2024 The cash out will be offered at a 2% discount to Artemis alpha's residual net asset value and a 20% discount to the value of the company's unquoted holdings that that will tra...

Dodd founded the Edinburgh-headquartered firm alongside Mark Tyndall, Derek Stuart and Lindsay Whitelaw in 1997. Before that, he was a senior investment manager of UK smaller companies at Ivory & Sime, where he launched and managed funds for a decade. He currently co-manages the £140m Artemis Alpha trust (ATS), which today (2 September) proposed a merger with the £216m Aurora Investment trust (ARR). Dodd also spent ten years managing the Artemis UK Smaller Companies fund, a strategy he launched. Artemis Alpha proposes merger with Aurora Investment trust In a statement, senior partn...

Majority owned by media tycoon Rupert Murdoch's News Corp, the REA board said that the takeover would «represent a highly attractive investment opportunity for both REA and Rightmove shareholders» in a statement released today (2 September). The deal, which would be a possible cash and share offer for Rightmove's entire issued share capital, would see REA become the largest property company in both Australia and the UK Nick Train adds to Rightmove as long-term holdings Burberry and Remy Cointreau struggle REA, which is valued at over AU$28.9bn (more than £14.9bn) according to Marke...

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...

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...

«This is the first time independent India has seen such impetus or focus on developing infrastructure, both from the government and the private sector, such as road network, improvement of stations, world class airports, sports stadiums, convention centers,» said Mandeep Lamba, president and CEO, South Asia, HVS Anarock, while moderating the session. Tourism in India grew 300% YoY in 2023, said MakeMyTrip executive officer Rajesh Magow. «We have to create awareness and change the perception of the country, because people (tourists) also worry about security and safety.» Tourism in India is only at 85% of what it was in 2019 before the Covid pandemic hit, he said.

Sudha Murthy on Sunday said although she has read a book set in Parliament way back in the 1980s, about Shyama Prasad Mukherjee, since so much has changed about India and the Parliament since then, that she would not mind writing about it. «Although, I have to finish my term as a Rajya Sabha member first, before I could attempt to do that,» said Murthy on Sunday. Murthy was in conversation with fellow author and actor Twinkle Khanna, at the celebration of the launch of her 300th book title — and 46th book — 'Grandpa's Bag of Stories' here. The event was organised by Bengaluru-based Lit Spirit Foundation. But in her immediate list of wishes is a book on 'shlokas' that her grandfather used to recite, she said.

Nitesh Kumar secured a medal in men's singles SL3 category after a commanding straight-game win over Japan's Daisuke Fujihara in the semifinals at the Paris Paralympics on Sunday. The 29-year-old Nitesh, who overcame permanent leg damage from a 2009 accident, showed his dominance with a 21-16 21-12 win over Fujihara in a 48-minute semifinal. The IIT Mandi graduate thus ensured that India return with a medal from the SL3 category, after Pramod Bhagat clinched the gold when para badminton made its debut three years ago in Tokyo. SL3 class players, like Nitesh, compete with more severe lower limb disabilities, requiring play on a half-width court.

SEOUL—A push by Netflix to keep its subscribers hooked involves 90-minute cram sessions on South Korean culture and expressions to ensure better-quality dubbing and translations. Dae-bak expresses a pleasant surprise. Aish means disappointment.

sexual violence in Kolkata has sparked a nationwide debate about raising boys with a healthy respect for women to prevent future crimes. Experts emphasised the need for societal change, starting with education and parenting. The commonly heard phrase “boys will be boys” is criticised for perpetuating gender inequality and excusing inappropriate behavior. Reflecting this ingrained mindset, an incident from a Class 7 classroom was mentioned in The Times of India report by Neha Bhayana. During a 15-items activity, a boy expressed disgust upon the mention of “bra” as a clothing item. Srividya Sivakumar, the English teacher, used this moment to highlight that a bra is just a garment and should not be associated with secrecy or shame. Later conversations revealed the students were aware of the Kolkata rape-murder incident involving a young trainee doctor. Given the recent wave of sexual violence, there is growing support for the slogan “sirf beti mat bachao, bete ko sikhao” (don’t just save your daughters, teach your sons). This motto underlines the importance of raising boys correctly to prevent future crimes.

English Premier League clubs again flexed their financial muscles by spending about $2.6 billion in the summer transfer window that closed Friday for Europe’s five big domestic leagues. And once again Chelsea was first in line with an outlay of $290 million as owners Todd Boehly and Clearlake Capital continue to look for a winning combination at Stamford Bridge. The Saudi Pro League's window remains open for a few more days — enough time for more deals like the one announced early Saturday that will see striker Ivan Toney join Al-Ahli. The Saudi club agreed to pay Brentford a transfer fee reported to be $52 million.

Kaley Cuoco's crime drama series Based on a True Story has officially confirmed its return for a second season, much to the anticipation of its growing fanbase. The show, which premiered on Peacock, stars Cuoco in the lead role of Ava Bartlett and has garnered attention for its gripping storyline and stellar cast.

Manchester United will play Liverpool in Premier League this Sunday. Premier League's two of the most iconic soccer clubs Manchester United and Liverpool will play 242 games. Manchester United won 91 times, Liverpool emerged winner in 81 occasions. Liverpool have started the ongoing season with two wins from two games. Manchester United have won the opening game but lost the previous match. Premier League soccer match between Liverpool and Manchester United will kick off at 11 am (ET) on Sunday, September 1.

GOAT’ (short for ‘Greatest Of All Time’) could become the highest-grossing film in the Tamil film industry. The much-anticipated Thalapathy Vijay-starrer is predicted to set the cash registers ringing if reports are to be believed. As per a Cinetrak report, GOAT has already earned over $1 million in pre-sales for its opening day across international markets. A significant portion of this revenue comes from North America, where the film has generated around $460,000 from the USA and Canada alone. Anticipation is high, and the film is expected to cross the $1 million mark in the USA even before its official release. Vijay's movie is also performing strongly in the UK and Australia, with each region contributing $130,000 to the overall pre-sales.

Aviva said on Saturday its India unit is «actively engaging» with local authorities in connection with alleged tax evasion practices. Reuters reported on Friday that an Indian tax agency has found that Aviva India breached local regulations capping commissions to sales agents with a system of fake invoices and clandestine cash payments between 2017 and 2023. Aviva's India business paid about $26 million to entities who purportedly provided marketing and training services, but they did not perform any work and were actually a front for channeling funds to Aviva's agents, the tax agency said in a Aug. 3 notice reviewed by Reuters.

United Nations in the 1970s, a young Shashi Tharoor reached out to the chief of personnel seeking a "licence to write" like the famous fictional spy James Bond's «licence to kill». Tharoor, known as a «wordsmith» among netizens and literati for his vocabulary that more often than not leaves people looking for a dictionary, started writing before he turned a teenager. The Congress MP published his first story at the age of 10 in an Indian English magazine. One of his early novels about an Anglo-Indian fighter pilot in World War II was serialised in a newspaper before he turned 11. Speaking at the launch of his latest book, "The Wonderland of Words", on Friday, Tharoor shared his love for the written word and how he managed to continue writing at the UN, which has a «strict code of conduct for its staff».

When actions need approval or authorization, someone is usually waiting for a “green light." “Fed Gives Green Light to Lowering Interest Rates," blared headlines after a recent speech by Federal Reserve Chair Jerome Powell. Other papers reported that season four of the Apple TV series “Ted Lasso“ is “Close to a Green Light." The latest Covid-19 vaccines have received a “green light" from the Food and Drug Administration. “Green light" is also part of the colorful metaphorical language exchanged between writers and editors.

Ottoman rule. He died there, in Missolonghi, of a fever on April 19th 1824, aged 36. The Greeks, who adored him, kept his lungs and larynx in an urn; the rest of Byron was returned to England, against his wishes.

Yuki Bhambri and Albano Olivetti advanced to the men's doubles third round of the US Open with a hard-fought win over 15th seeds Austin Krajicek and Jean-Julien Roger here. The Indo-French pair defeated the USA-Dutch team 4-6 6-3 7-5 in the second round that lasted two hours and five minutes on Friday. This is only the second time that Bhambri has reached the third round at a Grand Slam, having reached the same stage at the Australian Open back in 2014. Second seeds Rohan Bopanna and Matthew Ebden also moved to third round with a 6-2 6-4 win over Spain's Roberto Carballes Baena and Federico Coria from Argentina.