Britain Financial News
22.06 / 08:35
BLOCK
Action
Compilation
Enterprise
Healthcare
Indus
Inside
Block deals worth over Rs 40,543 crore this week. Indus Towers, HAL, Suzlon Energy among stocks with major action
block deals worth Rs 40,543 crore on screen, which included both buying and selling. In the largecap segment, 15 companies witnessed significant block deals on the screen, which were worth Rs 6,566 crore led by Axis Bank with a lone block count totalling Rs 2,089 crore. The next in line were ICICI Lombard General Insurance (Rs 814 crore), ICICI Bank (Rs 809 crore), Mahindra & Mahindra (493 crore), Maruti Suzuki (Rs 426 crore), Bharti Airtel (Rs 320 crore) and Hindustan Aeronautics (HAL, Rs 300 crore).
22.06 / 06:19
UPS
Provident
film
Trade
reports
Courts
International
Hinduja brothers sentenced to jail for exploiting servants: Here's what they were charged with
Hinduja family were convicted on Friday for exploiting underpaid servants at their luxurious villa in Geneva, Switzerland. The elder family members, Prakash Hinduja (78) and Kamal Hinduja (75), who were absent from the trial due to health issues, received sentences of 4 1/2 years each. Ajay Hinduja and his wife Namrata, who were also not present in the courtroom, were sentenced to 4 years, as reported by Bloomberg. The Hinduja family's business manager, Najib Ziazi, received an 18-month suspended sentence. The Hindujas expressed their dismay at the court's decision and announced an appeal has been filed to a higher court. They hope to overturn the verdict, which found them guilty of exploiting vulnerable domestic workers, as reported by PTI.
22.06 / 04:35
Provident
Target
Waters
Southern
country
Interviews
Fending off Houthis requires double the fleet, EU force says
Red Sea needs to more than double in size because of escalating attacks by Iran-backed Houthi rebels, the head of the operation said. Four EU vessels have been patrolling the waters off the coast of Yemen since February. In that time, they’ve provided “close assistance” to 164 ships, shot down more than a dozen unmanned aerial vehicles and destroyed four anti-ship ballistics missiles, Rear Admiral Vasileios Gryparis said in an interview on Wednesday. The Yemen-based Houthis began attacking vessels last year to pressure Israel and its allies over the war in the Gaza Strip. Their campaign has roiled global shipping, forcing many vessels to sail thousands of miles around southern Africa instead — despite the EU operation and US and UK bombing that began in January.
21.06 / 22:13
21.06 / 21:29
markets
UPS
community
It's prime time to haggle for better mortgage rates
It’s been a downpour of fixed-rate cuts this week as mortgage lenders match plunging bond yields.
21.06 / 21:25
Ethereum
Bitcoin
Standard Chartered
Standard Chartered Plans to Offer Spot Trading Desk for Bitcoin and Ethereum
Standard Chartered Bank is planning to offer a spot trading desk for Bitcoin and Ethereum to enable direct spot trading of cryptocurrencies, according to an insider. This latest development aligns with the multinational bank’s huge interest in the crypto market.
21.06 / 19:17
Citi
BLOCK
Gap
Parke
Celebrity
prevention
Features
Don't miss the tree for the woods
tree, with major branches being lopped off so that large hoardings could be erected in front for the annual Durga Puja celebrations. My protests fell on deaf ears, of both the Puja organisers and the city administration. Nothing has changed since then; if anything, matters have worsened. Because now, not branches but whole trees are being lopped off to make way for fully built-up apartment blocks which need unrestricted access in the front and back. While the media is full of stories of tears being shed and protests being launched to prevent the decimation of forests for mining and industrial projects and even precious urban green enclaves, who spares a thought for the lone tree? Last month, two men in the UK pleaded not guilty to the charge of causing £622,191 worth of damage to a lone sycamore tree at what was called the Sycamore Gap, that had stood for over 200 years in the Northumberland National Park. It was one of the most photographed trees in the world, having stood all by itself in a natural dip next to the famous Roman Era Hadrian's Wall in northeastern England. Why it was cut has not been established.
21.06 / 18:33
Asset Tokenization
Real World Assets
Real-World Assets May Overtake Blockchain Sector Due To TradFi Interest
Traditional financial (TradFi) markets are showing increasing interest in the blockchain sector, which has become evident with the rise of tokenized real-world assets (RWAs).
21.06 / 16:45
Fraud
Crypto exchanges
Crypto Crime
Man Jailed 2 Years for Identity Fraud in Crypto Exchange Sign-Ups
An Australian man received a two-year prison sentence for cyber-enabled identity fraud, involving the creation of online cryptocurrency accounts using counterfeit documents.
21.06 / 16:35
markets
Provident
economy
ICE
Trade
country
reports
HUL sees modest volume growth in FY25, signalling some respite for demand-starved FMCG sector
Also read | With premium coffees and pricey hair serums, consumer goods makers woo the well-heeledHUL’s turnover in the financial year ended 31 March increased 2.5% year-on-year to ₹59,579 crore, while profit after tax rose 1.5% to ₹10,114 crore. Volumes grew 2%.While HUL is focused on expanding its premium products portfolio, Paranjpe is hopeful of a recovery at the mass-end of the market.“It is really the mass-end of the business where inflation had squeezed discretionary incomes of people and curtailed demand.
21.06 / 14:13
UPS
Action
Fighting
WhatsApp
community
Trade
Tata Steel workers in Britain to begin indefinite strike from July 8
Tata Steel workers in Britain will begin an indefinite strike from July 8 over the company's plans to close two blast furnaces and cut up to 2,800 jobs, the trade union Unite said on Friday. The strike action, described by Unite as the first strikes by British steel workers in 40 years, will take place at Tata's Port Talbot and Llanwern sites in Wales.
21.06 / 13:47
markets
Man
pandemic
Retail investors flee UK fund market as London continues to suffer
According to data by the Investment Association, April marked the largest withdrawal of investment by retail investors since February 2023, with outflows of over £1.3bn. UK All Companies suffered £996m outflows, while UK Equity Income lost £283m and UK Smaller Companies saw £57m being withdrawn. UK funds have not seen net inflows since the mid pandemic era (July 2021), meaning the UK has undergone the largest net outflow of any geography in every month since August 2021. However, Man GLG Income fund received the third highest inflows of £225m, which «contrasts with broader outflows...
21.06 / 12:41
UPS
Booking
Man
love
stage
Salman Rushdie’s gripping take on being stabbed
near-fatal stabbing in August 2022 and his arduous recovery. The first two are predictable: the author and his blade-wielding assailant. The third character turns this chronicle of violence into a surprisingly tender and redemptive story.Sir Salman was about to speak at a festival in upstate New York when a black-clad man charged the stage.
21.06 / 10:57
markets
UPS
2020
UK retail sales rebound in May on warmer weather
According to the Office for National Statistics, retail sales volumes increased by 2.9% in May, up from 1.8% recorded a month before (revised from 2.3%). Over the year to May, sales rose by 1.3%, however, they remained 0.5% below their pre-COVID levels in February 2020. The largest monthly increase came from non-store sales – comprising mostly online retailers, but also stalls and markets – which rose by 5.9%, mostly on the back of strong clothing and other non-food sales. Textile, clothing and footwear retailers came second, registering a 5.4% increase from the previous month, follow...
21.06 / 05:41
markets
Digital
FCA
show
reports
Investigations
UK Authorities Arrest Two in $1.3B Illegal Crypto Operation
UK authorities have arrested two people suspected of running an illegal crypto exchange valued at over £1b ($1.3b).
21.06 / 03:29
markets
UPS
DOW
economy
NVIDIA
Wall Street bucks global rally as bond yields rise
Wall Street shares pulled back from record highs hit early on Thursday in sympathy with rallying overseas indexes, as Treasury yields shook off soft U.S. data and rose anticipating new supply next week. The dollar firmed, as higher U.S. yields widened differentials with non-dollar rates that are trending lower. It drew closer to the 160 yen area that prompted Tokyo to intervene in late April to support its currency.
21.06 / 03:29
UPS
Progressive
CEO
Dreams
Schools
SoftBank CEO Masayoshi Son talks up artificial super intelligence ambitions
SoftBank Group CEO Masayoshi Son said on Friday that the group's mission was to help in humanity's progress by realising artificial super intelligence, which he said would exceed human capabilities by a factor of 10,000. «SoftBank Group has done many things until now that have all been a warm up for my great dream to realise artificial intelligence,» Son told shareholders at the group's annual general meeting.
21.06 / 00:29
Waves
Landmark
Action
wellness
country
reports
Courts
Fossil fuel opponents score victory in a UK Supreme Court ruling on case near a London airport
The U.K. Supreme Court has ruled that planners reviewing well-drilling permits must consider the environmental impact from burning the oil that would be produced
20.06 / 22:17
Williams
Platform
Netflix
film
stars
reports
Features
Land of Bad: All you may want to know about streaming release date, plot, where to watch, cast and crew
Netflix has announced the streaming debut of the 2024 movie "Land of Bad," featuring Russell Crowe and Liam Hemsworth. This military thriller will be available on Netflix in the United States starting July 18, 2024, as per a What’s on Netflix report. Streaming Release Date
20.06 / 19:57
Career
Death
film
Actor
War
audience
stars
Who was Donald Sutherland? Legendary actor known for 'Hunger Games' and M*A*S*H dies. Know about him in detail
Donald Sutherland died at the age of 88 on Thursday. He is considered one of the most versatile and gifted actors born in Canada. He is best known for his roles in «M*A*S*H,» «Klute,» «Ordinary People» and «The Hunger Games.» His career spanned from the 1960s to the 2020s as he charmed and enthralled audiences in his movies. His son actor Kiefer Sutherland confirmed his death. Donald Sutherland's first big break
20.06 / 19:57
FIVE
Landmark
Dreams
Election
country
Department
Union Budget 2024: Key facts and insights you need to know
Union Budget 2024: Prime Minister Narendra Modi led-government will present first full Budget in their third term after the 18th Lok Sabha polls in 2024 in the coming month, laying the roadmap for the next five years. The last budget presented by the Finance Minister Nirmala Sitharaman was a vote on account due to the General Elections that were scheduled from April to May. Here are some interesting Budget trivia that you should know:
what's happening in Britain
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In Britain, the spotlight is on major events that affect the region’s daily life.
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