Britain Financial News

21.02 / 16:11

ETF Research trends gatherings ETFs gain ground on passive mutual funds as total inflows top £2bn

Passives took in £2.2bn of inflows in January, of which £1.3bn headed to mutual funds and £855m to ETFs, which Dewi John, head of research for UK and Ireland at LSEG Lipper, said signalled «more action» for ETFs. This compares to December 2023, when passive mutual funds gathered £3.5bn inflows as ETFs shed £41m. Within bonds, passive funds gained £809m, while ETFs attracted £552m. Across equities, passive funds gathered £452m inflows, while investors poured £290m into ETFs. Bond funds as a general asset class also saw this trend, netting £1.1bn in what was described as a «tale of two ...

21.02 / 14:01

FIVE Action Death President War International UK sanctions heads of Arctic penal colony where Alexei Navalny died

Arctic penal colony where Russian opposition leader Alexei Navalny died last week. Western leaders have expressed outrage at the news from Russian authorities that Navalny, President Vladimir Putin's most prominent domestic critic, had fallen unconscious and died in prison on Friday.

21.02 / 13:27

FIVE Death President reports travelers rights UK freezes assets, bans travel for Russian prison bosses after Alexei Navalny's death

Vladimir Putin's critic Alexei Navalny on 16 February, following which the United Kingdom froze assets of six Russian prison bosses, who were reportedly in charge of the Arctic penal colony housing Navalny. According to media reports, the sanctioned six Russians, including the head and five deputy heads of the penal colony, will also be banned from travelling to UK.

21.02 / 11:15

Manufacturing security Instagram beautiful testing travelers Videos Flight turns stadium as 'Sachiiiiiin, Sachiiiiiin!' chants fill the air, Tendulkar joins hands: Viral video

ALSO READ: Sachin Tendulkar hails Yashasvi Jaiswal, Sarfaraz Khan as India secure biggest Test win; netizens react The latest viral video was shot when Sachin Tendulkar was travelling to Jammu and Kashmir. During his flight, the 50-year-old was greeted with chants of 'Sachin, Sachin!'. It's not the first time that people were left starstruck whenever the 2011 World Cup winner made a public appearance.

21.02 / 10:27

UPS FIVE Man Dreams Interviews Sporting The 10-year chase to land soccer’s modern megastar

Kylian Mbappé was 14 years old when Real Madrid first brought him in for a tryout—and the club was determined to impress him. Real sent Mbappé’s fellow Frenchman Zinédine Zidane to meet him at the airport. It introduced him to his idol, Cristiano Ronaldo.

21.02 / 09:55

Urban Logistics REIT makes takeover bid for abrdn Property Income

In a stock exchange notice on Tuesday (20 February), the £1.1bn UK-focused logistics landlord said it had tabled an indicative offer for API's entire share capital, proposing to pay 0.469 of its own shares for each API share. The bid represents an offer value of approximately 59.2p per API share based on its closing share price on Monday (19 February), representing a 13% premium to the Custodian offer, the trust said. abrdn Property Income agrees to merge with Custodian Property Income REIT According to SHED, this compares to the current value of CREI's offer, which stands at appro...

21.02 / 09:25

markets UPS NVIDIA Trade reports European stocks mixed; HSBC weighs on UK market

Investing.com — European stock markets traded in a mixed fashion Wednesday, with investors digesting a raft of corporate results, including disappointment from heavyweight HSBC.

21.02 / 09:25

economy wellness Trade show track Dollar just higher ahead of Fed minutes; euro awaits confidence data

Investing.com — The U.S. dollar traded marginally higher in early European trade Wednesday, as traders awaited the release of the minutes from the latest Federal Reserve meeting for further clues of the path of U.S. interest rates.

21.02 / 08:41

Ripple XRP XRP ETF Ripple CEO Embraces Prospect of XRP ETF, Predicts Others to Follow

Ripple CEO Brad Garlinghouse said he’s all for an XRP ETF, indicating that investors will appreciate the diversification it would bring.

21.02 / 07:59

UPS Reuters Election show Seasonal tax inflows lift UK budget surplus to record in January

By David Milliken and Suban Abdulla

21.02 / 07:43

UPS FIVE Booking wellness students cover CBSE Class 12 Board Exams 2024 start with English paper tomorrow; here are tips to score high marks

CBSE Class 12 Board Exam 2024: The Central Board of Secondary Education (CBSE) class 12 exams are scheduled to begin tomorrow, February 22, with the English paper. English is the common subject for all streams, be it science, commerce or humanities. The subject is considered to be among the highest-scoring exams and has the potential to improve the overall Cumulative Grade Point Average (CGPA) significantly.

21.02 / 06:57

UPS Target economy wellness pandemic reports HSBC profits soar in 2023, announces share buyback despite geopolitical, economic concerns

HSBC noted the effects of China's slower-than-expected economic recovery after the Covid-19 pandemic as well as heightened geopolitical tensions. The firm reported pre-tax profits of $30.3 billion, up from $17.1 billion the year before, in a statement to the Hong Kong stock exchange. Profit after tax increased by $8.3 billion, to $24.6 billion.

21.02 / 06:57

markets Digital economy Election Opinion Britain’s No-Growth Conservatives

Britain’s Conservative Party faces the nightmare of an election this year after the economy has dipped into recession, and the Tories have no one to blame but themselves. At least their predicament is a warning for others. The U.K.

21.02 / 05:09

markets UPS Compilation economy reports record high HSBC posts record high profit, misses estimate as China write-off bites

By Selena Li and Lawrence White

21.02 / 05:09

markets Reuters economy Sustainability show track reports Australian Major Australian mining stocks sink tracking iron ore price slump

Investing.com-- Shares of major Australian mining stocks fell sharply on Wednesday, tracking a decline in iron ore prices amid growing concerns that worsening global economic conditions will dent demand for the steel-making material.

21.02 / 05:09

markets NVIDIA track electronic reports testing Asian chipmaking stocks on edge before Nvidia Q4 earnings test

Investing.com-- Most major Asian chipmaking stocks moved in a flat-to-low range on Wednesday, tracking overnight declines in NVIDIA Corporation (NASDAQ:NVDA) as markets awaited more cues on an AI-driven boom from the chipmaker’s fourth-quarter earnings.

21.02 / 04:13

BLOCK Reuters Action security War reports Israel-Hamas War: US vetoes United Nations resolution on Gaza ceasefire for third time

ceasefire in Gaza amid the Israel-Hamas conflict, Reuters reported. The resolution, put forward by Algeria, sought an immediate humanitarian ceasefire, while the US has pressed for a temporary ceasefire tied to the release of hostages held by Hamas.

21.02 / 02:23

Reuters Williams Fighting Southern reports peace end Too many have been killed: UK's Prince William pleas for end of Gaza war

Israel-Hamas conflict in Gaza. He emphasised the immense human suffering endured in the enclave, stressing the urgent need for peace to prevent further loss of life, according to a report by Reuters. In an unexpected move for a member of the royal family, Prince William highlighted the critical importance of delivering aid to Gaza's population and demanded the release of hostages held by Hamas.

21.02 / 00:35

markets UPS DOW Trade Loblaw Headlines Top headlines: Loblaw to build more than 40 new stores, create 7,500 jobs in $2-billion expansion

Loblaw Cos. Ltd. says it will build more than 40 new stores as part of a record investment plan of more than $2 billion.

21.02 / 00:35

markets UPS trends show rowing Posthaste: Canada's housing correction has likely run its course, say economists

Spring came early to Canada’s housing market.

21.02 / 00:31

UPS FIVE economy Election show UK businesses more optimistic this year, BCG survey shows

LONDON (Reuters) — British businesses are more optimistic this year about their profits and broader economic growth than they were last year, an annual survey by Boston Consulting Group showed on Wednesday.

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