Britain Financial News
19.04 / 09:09
Food
show
Department
UK retail sales flatline as consumers cut back on food
The ONS figures, published today (19 April), showed sales were «mixed» within retail, as fuel and non-food stores sales increased by 3.2% and 0.5%, respectively, over the month. This was offset by drops in both food stored and non-store retailers sales of 0.7% and 1.5%, respectively, the ONS noted. Department stores suffered the most in March, with sales volumes dropping 3.8%. UK inflation falls less than expected over March to 3.2% However, on a quarterly basis, sales volumes rose by 1.9% in the first quarter of the year from the last three months of 2023, which suffered low sales...
19.04 / 08:39
markets
Citi
Strategy
Remark
performer
reports
Multibagger Stock: Ajmera Realty records 190% return in one year, spiked over 580% in 3 years
Ajmera Realty & Infra India, one of India's leading real estate companies, have rewarded its shareholders handsomely as they consistently hit new record highs with each passing month. Over the past year, the stock has surged by nearly 190%, rising from ₹276.90 to the current market price of ₹802.60 per share. Notably, it has posted positive gains for 9 out of the last 12 months, with January and February showing the highest monthly returns of 31.53% and 26.28%, respectively.
19.04 / 07:53
Platform
Food
social
reports
volunteers
Videos
'I said take care of her and…,' Prince William returns to public duties after wife Kate's cancer diagnosis | Watch video
Express. This was Prince William's first public appearance since his wife Catherine, the Princess of Wales, shared her cancer diagnosis last month.
19.04 / 05:59
Provident
Mobile
Research
students
country
travelers
International
EU proposes youth mobility agreement with UK to help youngsters travel, work and live in both areas
The European Commission is proposing to open negotiations with the United Kingdom to allow young people to move freely, work and study in both regions after Brexit — the U.K.’s departure from the EU four years ago
19.04 / 04:10
Waters
Platform
Action
Food
Nestle
Investigations
International
Sugar rush alert: Nestle’s infant formula in hot water
Days after the Centre asked e-commerce companies to eject Bournvita and other drinks and beverages from the ‘health drinks’ category on their platforms, Nestle has landed in hot water. After Public Eye, a Swiss investigative organization, and International Baby Food Action Network sent samples of Nestle’s baby food products sold in Asia, Africa and Latin America to a Belgian laboratory for tests, sugar was reportedly found in the infant milk-mix meant for less developed markets, but not in the stuff aimed at Europe and the UK.
19.04 / 01:38
COST
UPS
President
Labrador
show
Gas prices surge in some parts of Canada. What’s causing pain at the pumps?
gas prices is fuelling road rage in some parts of Canada on Thursday.Many motorists filling up at the pumps are facing higher prices — some up as much as 22 cents from yesterday in parts of Ontario, for instance.Data from GasBuddy’s live gas price tracker shows prices were 10.9 cents higher across Ontario for an average of $1.73 per litre by 4 p.m. Eastern Thursday, as compared to the previous day’s average.Prices for gas rose by a similar degree in Toronto, but in southwest Ontario towns such as Sarnia, GasBuddy says the cost of gasoline has jumped 22.3 cents to $1.79 per litre as of 4 p.m.
18.04 / 23:41
Citi
BAY
travelers
prevention
Courts
rights
International
San Francisco sues Oakland over new airport name that includes 'San Francisco'
voted unanimously to move forward with the name-change and scheduled a second vote for final approval on May 9. The airport is currently called Oakland International Airport.
18.04 / 20:54
Aware
Manufacturing
security
Sustainability
Fitch
Trade
International
JSW Steel raises $900-million loan from eight foreign banks
JSW Steel, India's largest manufacturer of the alloy, has raised $900 million from a consortium of eight foreign banks to refinance debt maturing this month and pre-pay some high-cost borrowings. The loan was priced 180 basis points above the international secured overnight financing rate (SOFR) earlier this month, multiple people aware of the details said. One basis point is a hundredth of a percentage point. Eight banks — Singapore's DBS Bank, France's BNP Paribas, UK-based HSBC and Standard Chartered, UAE's Mashreq Bank and First Abu Dhabi Bank, Japan's Sumitomo Mitsui Banking Corp (SMBC) and Taiwan's CTBC Bank — are the joint underwriters for the loan.
18.04 / 17:51
UPS
Target
War
country
Oil recovers from 3-week low after US imposes sanctions on Venezuela, Iran; Brent at $87/bbl
Also Read:Iran's crude oil output up 20% in 2 years at 3.3% of global supply: What does this mean for the Iran-Israel proxy war? Brent futures were up 10 cents, or 0.11 per cent, to $87.39 a barrel, while US crude futures were 26 cents higher, or 0.31 per cent, at $82.95 a barrel. Both benchmarks had dropped over $1 at their intra-day lows, touching their weakest in around three weeks. Coming to domestic prices, crude oil futures were up 0.5 per cent higher at ₹6,969 per barrel on the multi commodity exchange (MCX).
18.04 / 17:13
markets
COST
ICE
Opinion
Food
War
International
Opinion: Ben & Jerry’s woke chickens are coming home to roost
Ice cream maker Ben & Jerry’s is perhaps the world’s most aggressively “woke” brand. By running campaigns on international geopolitics, immigration policy and culture war issues, Ben & Jerry’s has made a name for itself as a taboo-smasher willing to serve dessert with a side of aggressive virtue-signalling.
18.04 / 17:13
reports
Ontario Teachers’ reportedly weighing $5 billion sale of luxury senior residences chain
The Ontario Teachers’ Pension Plan is exploring a sale of luxury senior-living residences Amica Senior Lifestyles, which could be valued at about $5 billion, according to people familiar with the matter.
18.04 / 16:17
Extreme
Death
Virus
reports
Department
North Korea's bioweapons program, including 'Poison Pens', raises alarm: US Report
anthrax and small pox. The US officials' warning was reported by UK-based The Times in an article titled "Adherence to and Compliance with Arms Control, Nonproliferation and Disarmament Agreements and Commitments". North Korea have remained a coenobite when it comes to foreign reporting.
18.04 / 15:27
track
reports
International
Bank of England's Andrew Bailey: UK is 'on track' to tame inflation - reports
Bailey said the UK is now in a «pronounced period» of disinflation in a speech given at the Institute of International Finance in Washington DC, according to reports from the FT. Following the higher than expected inflation figures from the US, Bailey explained that «there is more demand-led inflation in the US», while «European inflation dynamics are somewhat different». He added that there will be a steep decline in next month's UK inflation figures. Bank of England's Andrew Bailey: Rate cuts are 'in play' for MPC meetings this year Bailey's comments follow the release of March's...
18.04 / 15:23
markets
UPS
security
BBC
Trade
Freedom
country
Good market access offered on both sides, says UK on India FTA talks
UK government has said as Indian negotiators are in London this week to continue discussions with their British counterparts. During a debate in the House of Lords this week, UK Foreign Secretary David Cameron was addressing questions from British peers on the current state of freedom of religion or belief in India. The recent restructuring of the BBC to create a new Indian-owned entity in order to comply with the country's foreign direct investment (FDI) rules was flagged by Liberal Democrat peer Lord Jeremy Purvis, who questioned the level of market access being offered to India in the field of media, data and telecoms as part of the FTA negotiations. «My understanding of where we are with the trade deal is that good market access has been offered on both sides, but not quite enough yet to secure a deal. It is important with such trade deals, as you only really get one proper shot at it, to make sure that it is a good enough deal that will be welcomed by industry leaders here in the UK as offering real market access,» said Lord Cameron.
18.04 / 15:23
markets
UPS
Citi
Target
Latin
reports
Bajaj Auto aims to make 10,000 Triumph units a month by September, CFO says
Bajaj Auto is aiming to achieve its target of producing 10,000 units of its Triumph motorcycles each month by September, a company executive said on Thursday. «I would pin that in the first half (of fiscal 2025),» Dinesh Thapar, Bajaj Auto's financial chief, said in a post-earnings call when asked about the goal's trajectory. «Consider between now and September,» he said.
18.04 / 12:41
markets
UPS
IPO
FIVE
BLOCK
show
stage
How India's stock show set the stage for a bulk deal bonanza
stock market took off, block and bulk deals shot up 55% to touch a record ₹5.25 trillion, data from Prime Database showed. Sectors that saw the biggest deals were financial services, consumer goods, telecom, aviation, pharmaceuticals, IT and power.
18.04 / 12:07
UPS
Provident
Digital
wellness
information
International
Global police agencies take down massive scam website that defrauded thousands of victims
A huge fraud website used by thousands of criminals to trick people into handing over personal information such as email addresses, passwords, and bank details, has been infiltrated by international police.
18.04 / 11:25
wellness
Alliance Trust replaces Jupiter with ARGA IM after Ben Whitmore exit
After more than 17 years at Jupiter, Whitmore is set to exit the asset manager to establish his own investment boutique by the end of July, at which point he will hand over management of Jupiter's UK Special Situations fund, as well as its Income and Global Value trusts. Craig Baker, WTW's CIO and investment committee chair, said that despite the firm's «high regard» for Whitmore's skill as an investor, this change of circumstances introduces potential risks which «will take time to fully assess». «We have therefore decided to replace Ben's allocation with one run by another stock pi...
18.04 / 10:06
18.04 / 09:59
Provident
NMC
NEET PG 2024: NBEMS opens registration window at nbe.edu.in. for June 23 exam. Here is how to apply
₹3,500, while SC, ST and disabled candidates will have to pay ₹2,500 as registration fee. As per the NBEMS notification, candidates in possession of MBBS degree or Provisional MBBS Pass Certificate recognized as per the provisions of the NMC Act, 2019 and the Post Graduate Medical Education Regulations, 2023 and possessing permanent or provisional registration certificate of MBBS qualification issued by the NMC/ the erstwhile Medical Council of India or State Medical Council and have completed one year of internship or are likely to complete the internship on or before 15th August 2024, may apply for NEET-PG 2024.
18.04 / 09:19
Target
Jupiter Global Macro Bond fund changes sector to a more 'appropriate' peer group
In a letter to shareholders sent out on Wednesday (17 April), Jupiter Asset Management told clients the fund will now sit in the IA Global Mixed Bond sector. According to Jupiter, the fund's sector initially changed on 31 July 2023 to the IA Targeted Absolute Return sector (TAR) which, at the time, «coincided with changes made to the fund's investment objective and policy to better reflect the absolute return strategy». Jupiter AM makes double hire to join Savvides on UK Special Situations fund The Macro Bond fund was a product of manager Mark Nash's two funds; Merian Global Strate...
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