Britain Financial News

26.03 / 16:15

Progressive Strategy Life Science REIT halves dividend payout amid 'macroeconomic uncertainty'

In its annual results published today (26 March), the board of the £321m trust said it had decided to rebase the dividend to 2p per share, down from 4p in 2022. The directors said the decision to slash the dividend to a level that is «sustainable and substantially covered» by adjusted earnings over time was made in the context of continuing «macroeconomic uncertainty» and interest rates expected to remain elevated. Janus Henderson opens Global Life Sciences Strategy to UK clients «The additional financial flexibility will enable the group to effectively progress its strategy to d...

26.03 / 15:57

Reuters Waters Highways Experts Anthem show reports Baltimore bridge collapse reason: Why did Francis Scott Key Bridge fall and what do we know about ship accident?

At 1:27 am (ET), a container ship named the Dali was sailing down the Patapsco River when it struck a pylon of the bridge, crumpling almost the entire structure into the water. There was no indication of terrorism, police said, as per a Reuters report.

26.03 / 15:53

markets COST Dreams Tesla Research show International Chinese EV makers challenging market leaders at auto show in Bangkok

Chinese electric vehicle makers are showcasing their latest models, including a flying car, as they take on global rivals at the Bangkok International Motor Show

26.03 / 15:53

UPS Manufacturing security War country guidelines International Japan approves plan to sell fighter jets to other nations in latest break from pacifist principles

Japan’s Cabinet has approved a plan to sell future next-generation fighter jets that it’s developing with Britain and Italy to other countries

26.03 / 15:53

Citizens Assurant Death Inside Courts UK court says Assange can't be extradited on espionage charges until US rules out death penalty

A British court says Julian Assange can’t be extradited to the U.S. on espionage charges unless U.S. authorities guarantee he won’t get the death penalty,

26.03 / 14:45

UPS Waters Banner Anthem show Traffic Explainer-Why did the Baltimore bridge collapse and what do we know about the ship?

By Lisa Shumaker

26.03 / 12:57

London Stock Exchange Bitcoin London Stock Exchange to Roll Out Crypto ETNs on May 28

London Stock Exchange (LSE) is set to lunch Bitcoin (BTC) and Ether (ETH) exchange-traded notes (ETNs) from May 28. The announcement follows FCA’s approval on March 11, to allow LSE list crypto offerings for pro investors.

26.03 / 12:47

Man Assurant Justice information reports Department Courts U.K. court delays decision on Julian Assange’s extradition to U.S.

LONDON—British judges ruled that WikiLeaks founder Julian Assange can’t immediately be extradited to the U.S. to face spying charges, opening the way for months of further legal wrangling over the fate of the former hacker. Assange, 52, who has spent the past five years in a London prison, is fighting a drawn-out legal battle with the British government to avoid being sent to the U.S.

26.03 / 12:21

markets UPS Provident Career Charity love Franck Dargent, the French banker who sent allegedly indecent messages, lost everything

Ten years ago, Franck Dargent, was flying high. After a 23-year banking career which began in Paris after he graduated from HEC, he was made head of global markets Asia Pacific for Crédit Agricole CIB, based in Hong Kong, where he managed nearly 300 employees.

26.03 / 12:21

markets UPS wellness Trade show International Goldman Sachs protected London employees while 2023 revenues plummeted

2023 was a bad year for Goldman Sachs employees in London. But it could have been worse.

26.03 / 12:21

UPS Citi JPMorgan Citigroup Trade show reports Morning Coffee: JPMorgan's top high yield trader made a huge loss at a hedge fund. Citigroup's other ranking of female graduates

As we noted last week, the signature move for traders in 2024 might not be to leave a bank for a hedge fund, but to go the other way. Ben Hutson did it at Barclays, and now maybe Bhavit Sawjani will be doing something similar at JPMorgan.

26.03 / 12:21

UPS Citi Reuters Citigroup Trade stage reports Morning Coffee: Citigroup is on a mission to cut a lot of jobs this week. Top Barclays trader leaves after bonus complaints

It's Easter week for Christians and Ramadan for Muslims and Holi for Hindus, but Citigroup has less ethereal things on its collective mind. Having promised to finish the first stage of its 20,000 job cuts in the first quarter of 2024, it seems to be under a bit of pressure to finish them off.

26.03 / 10:21

Provident Entertainment Enterprise Sony performer stars cricket Zee Entertainment forms committee to review business performance

Zee Entertainment Enterprises has formed a committee that reviewed its management's business performance and provided guidance, the beleaguered broadcaster said on Tuesday. Businesses identified by the committee that need to «substantially» reduce losses include Zee's television channel 'Zindagi', the company's English cluster of linear TV business, and server technology company Margo Networks. The move comes after Zee has had entertainment deals fizzle out in recent months, with a $10 billion merger with the Indian unit of Japan's Sony scrapped and a $1.4 billion cricket broadcasting agreement with the Walt Disney -owned Star India that Zee quit.

26.03 / 09:59

markets Ethereum ETF security ETN Trade Bitcoin London Stock Exchange to launch Bitcoin and Ethereum ETN market on May 28

Also Read: Bitcoin spikes 5% as cryptos continue to surprise investors. What lies ahead for digital currencies? However, the market will be subject to the approval of the UK regulator, the Financial Conduct Authority (FCA). “We have decided to launch the market in Crypto ETNs on 28 May 2024 to enable the maximum number of issuers to be present in the market on the first day of trading," the London Stock Exchange notice said.

26.03 / 09:59

FIVE Research wellness Universities country information Schools Why AI needs to learn new languages

export AI to poor countries, in the hope it might improve everything from schools to health care. Researchers around the world are therefore working to make AI more multilingual. India’s government is particularly keen.

26.03 / 07:31

markets Sporting Flutter expects 30% jump in 2024 earnings as US growth takes off

DUBLIN (Reuters) — Online betting giant Flutter expects its core profit to jump by around 30% this year thanks to a four-fold increase at its fast-growing and market leading U.S. brand Fanduel, the world's largest online betting company said on Tuesday.

26.03 / 06:47

Target Action security Remark Actor Justice Department Cyber US, UK accuse China of cyber attacks on 'democratic institutions'. What we know so far

US imposed sanctions on Zhao, Ni, and the Wuhan Xiaoruizhi Science and Technology Company Limited (Wuhan XRZ) for their roles in malicious cyber operations that jeopardised national security. These measures, taken under Executive Order 13694, aim to curb the abuse of computer networks by hostile actors. Remarkably, the Department of Justice announced a $10 million reward for information leading to the identification and location of individuals and entities involved in APT31's illicit activities.

26.03 / 03:43

markets UPS Target Reuters economy Research Sri Lanka unexpectedly cuts policy rates by 50 bps to spur growth

By Uditha Jayasinghe

26.03 / 03:29

Netflix Football film Bill beautiful stars Sporting 'The Beautiful Game': When will this Netflix sports drama be released?

'Homeless World Cup', an international football tournament for homeless people launched in 2001, 'The Beautiful Game' is a sports drama in which real incidents and imagination have been woven to reflect the inspiration, ambition and struggle of those who are displaced or dispossessed. The film deals with the premise that the main characters are here not only to win a trophy but to have a second chance in life and this makes it an inspirational sports drama, that becomes almost unbeatable.

26.03 / 01:35

Career Mobile community country Department peace UN humanitarian chief Martin Griffiths is stepping down for health reasons

U.N. humanitarian chief Martin Griffiths is stepping down for health reasons after nearly three years of trying to tackle mounting humanitarian crises in Ukraine, Gaza and Africa, the United Nations announced Monday. U.N. Secretary-General Antonio Guterres praised Griffiths «for his tremendous leadership and service to the United Nations and the humanitarian community in advocating for people affected by crises and mobilizing resources to address their needs,» U.N. deputy spokesman Farhan Haq said.

26.03 / 01:17

Google War Freedom Celebrity Features independence day Google Doodle Celebrates Bangladesh Independence Day, Know history significance and more

Bangladesh's Independence Day with a special Doodle on its homepage, celebrating the nation's hard-won freedom from Pakistan. The Doodle artwork features the national flag of Bangladesh, depicting a red circle on a green background. “Today’s Doodle celebrates Independence Day in Bangladesh.

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