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global investments from April to June, marking a third consecutive quarter of growth in funding, according to British investment firm Seraphim Space. WHY IT'S IMPORTANT This positive trend follows a period of high interest rates that had deterred investors from funding companies involved in rockets, satellites and space-based data services.

Hong Kong, Jul 05, 2024 -Asian markets were largely down on Friday, a day after Tokyo's indexes hit record highs as traders prepared for a key US jobs report while European exchanges edged up on calming electoral news from the United Kingdom and France. Japan's Nikkei 225 ended flat while the broader Topix index, which a day earlier surpassed its previous peak set in 1989, also shed some of its gains.

Britain, the birthplace of the Industrial Revolution, erstwhile coal-burning imperial behemoth, wants to be a “clean energy superpower.” At least that’s the promise of the man poised to be the next prime minister, Keir Starmer. His Labour Party was projected to win the parliamentary elections Thursday, ending 14 years of Conservative Party rule. Labour made big campaign promises on climate. How that actually plays out will be felt not only in the daily lives of people in Britain, but also on the nation’s standing in the world.

Rishi Sunak, the current UK Prime Minister had called for a snap elections recently across the country that had come as a surprise and shock for both UK residents as well as pollsters, with the polling booths to finally open in the morning of July 4, within a matter of hours.

this is the ultimate report you’ll need. The reason why I started this editorial with penny stocks is because the semiconductor stock that ace investor Mukul Agrawal is bullish on, used to be a penny stock not so long ago. Back in 2020, when we first wrote about semiconductor stocks and how the theme is expected to pick up in the coming years, this semiconductor stock was trading at around ₹50-60 per share.

Revolut CEO Nikolay Storonsky plans to sell a portion of his stake in a $500 million share sale, adjusting his multibillion-dollar investment in the fintech giant.

Blessed Carlo Acutis has become the first Millenial to be canonized as a saint, reports 'USA Today'. He died of Cancer at the age of 15. According to the Catholic News Agency, the College of Cardinals voted for his canonization and he will become a saint in 2025. Declaring his canonization, Bishop of Assisi, Domenico Sorrentino said that Carlo Acutis was an ordinary boy, who lived his childhood and youth between family, school, and the games children play.

On Friday afternoon, when many Canadians were lost in weekend thoughts or already on their way to the cottage, Canada’s bank regulator — The Office of the Superintendent of Financial Institutions — announced it will delay for one year implementing the final elements of the Basel III accord.

China is known for its mega hydroelectric plants and giant thermal power projects not only on its land but in many other countries as well, it has set a record by switching on the world's largest solar plant, which has more than five million panels. According to the TCD, the government-controlled China Green Electricity Investment of Tianjin has switched on the 3.5 GW Midong PV farm in Urumqi, Xinjiang region. It is a subsidiary of China Green Development Group (CGDG). China Construction Eighth Engineering Division Corp and Power Construction Corporation of China (PowerChina) invested a massive amount of CNY 15.45 billion in this project. Also Read: Bando Stone & The New World: Here’s all we know about release date, trailer, plot and more

Siemens AG aims to more than double the share of software and digital services in sales to 20%, and India will play a key role in this strategy, chief executive officer Roland Busch told ET in an interview. The German conglomerate has become the world's largest industrial software company, pivoting from legacy industrials and manufacturing. «India was traditionally known for offshoring software and engineering products… the company is now looking at more of deep technology and development of core products,» Busch said. «We believe that the DNA of Siemens is technology, and this is where the value of Siemens sits.» This part of the business is relatively small but growing rapidly, the CEO said. «We are currently sitting on₹6.5 billion of software and digital business revenues out of a total ₹75 billion for the group. So there's still a way to go, but this part grows faster,» said Busch.

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Citi may have finishedpart one of its mission to cut 20,000 jobs, but it's only cut 5,000 of them so far. Discounting the removal of another 5,000 jobs from whole business sales, it still has another 10,000 jobs to remove.

In a good news, «Kalki 2898 AD» will indeed be released on OTT streaming platforms as Amazon Prime and Netflix have brought rights of the movie. Amazon Prime will stream the Telugu, Tamil, Malayalam, Kannada version of the film along with English subtitles. Netflix will stream the Hindi version of «Kalki 2898 AD». There will be English subtitled as well, according to reports.

According to a report by Sky News, ministers are going to pitch to global investment giants to draw foreign capital to the UK. They aim to surpass the £29.5bn unveiled in new projects and capital at a similar conference last year, which was attended by Blackstone, Goldman Sachs and JP Morgan Chase among others. The summit is expected to take place in October, but dates are currently being finalised with invitations due to be sent shortly after. The Labour Party had previously pledged to stage such an event in the first 100 days of government. 'There is no time to waste': Rachel Ree...

Much of the growth was driven by a maintained uptick in services output, which grew by 0.3% in May, the same as in April. Markets welcome reduced political risk premium on UK assets after Labour win This broad trend was reflected widely in the ONS' report, which showed that real terms GDP increased by 0.9% in the three months to May 2024, compared with the three-month period to February 2024, a result of a growth of 1.1% in services output. The 0.9% figure marks the fastest growth since January 2022. Growth was «stronger than expected» in May, noted Quilter Investors' Lindsay Ja...

Supacell' Season 2 on Netflix has become one of the most talked-about subjects on social media ever since the British show premiered on the OTT streaming giant. Those who have been looking for authentic updates on 'Supacell' Season 2 release date, creator Rapman revealed that he had conceptualised plot for three seasons. However, Netflix will take the final call regarding a new season. 'Supacell' has received positive responses from critics and garnered an overwhelming viewership for Netflix UK.

Global celebrities, business tycoons and politicians are arriving in India’s financial capital to attend the wedding of the youngest son of Mukesh Ambani, the world’s ninth richest man

Consider a country whose economy has suffered due to years of lower productivity growth than its peers, high inequality and low private investment. To compound its problems, it is not part of dynamic free-trade zones, which would lower its tariffs, push its industry to be more competitive and reduce friction for goods crossing borders. This is the huge to-do-list that Keir Starmer faces as the new Prime Minister of UK, but it is also more or less the challenge that New Delhi confronts.

The Fourth of July holiday, also known as Independence Day, celebrates the Second Continental Congress’ unanimous adoption of the Declaration of Independence on July 4, 1776, a document announcing the colonies’ separation from Great Britain

Tower of God Season 2 is set to debut on July 7. The trailer hints at the intense journey ahead for fans.

She replaces James Baxter-Derrington in the editor role, who has left to pursue other opportunities, and Investment Week would like to thank him for all his hard work on the brand during his tenure. Maddock-Jones joined Investment Week just over two years ago, originally as senior reporter before being promoted to features and comments editor. She initially joined from Trustnet, a UK investment fund news and research publication which is part of the FE fundinfo network, where she worked as a reporter. Maddock-Jones has five years experience working within the B2B editorial space fo...