Britain Financial News
24.01 / 10:41
24.01 / 08:59
companies
Abrdn
Asset Managers
abrdn launches 'transformative' £150m cost cutting programme with 2025 deadline
Stephen Bird (pictured), abrdn CEO announced the firm would be embarking on a “transformation programme”, targeting a £150m reduction by 2025.
24.01 / 07:55
markets
UPS
economy
Trade
information
Department
Oil prices wobble amid weak demand, sturdy dollar
By Colleen Howe and Muyu Xu
24.01 / 07:19
UPS
Digital
electronic
reports
IRS will start simplifying its notices to taxpayers as agency continues modernization push
The IRS wants to rewrite its complicated letters to taxpayers and speak to people in plain English
24.01 / 05:43
markets
Manufacturing
Netflix
Trade
actress
2020
reports
Marketmind: No luck for China stocks, or for Barbie
A look at the day ahead in European and global markets from Ankur Banerjee
24.01 / 04:57
markets
UPS
Waves
Manufacturing
Gap
President
country
AI Computers to Drive Next Replacement Cycle in Indian PC Market, says Asus Executive
PCs, will fuel the next replacement cycle for the Indian PC market that has been falling since 2021, according to Taiwanese firm Asus that will launch an AI-powered consumer notebook in the country on Wednesday. “How we are looking at AI PCs is similar to how we looked at smartphones when they first arrived 10 years back,” Arnold Su, vice president, consumer and gaming PC, at Asus India, told ET. “They were different, new, and promised to make our lives easier.
24.01 / 04:23
markets
UPS
Mobile
Actor
reports
International
stake
CCI approves JSW's acquisition of up to 38% stake in MG Motor India
Competition Commission of India (CCI) on January 23 approved JSW Ventures Singapore's acquisition of up to 38 percent of MG Motor India, as per an order statement. "The Commission approved the acquisition by JSW Ventures Singapore Pte. Limited (Acquirer), for up to approximately 38% of the share capital of MG Motor India Private Limited (Target).
24.01 / 04:23
UPS
community
social
reports
travelers
Investigations
Canada news: Fatalities reported in chartered plane crash in remote Northwest Territories
Transportation Safety Board of Canada (TSB) said on Tuesday. According to media reports, the accident killed some people who were on board. A coroner's service in Canada's Northwest Territories said there are fatalities from Tuesday's plane crash near the community of Fort Smith.
24.01 / 03:07
Provident
community
love
social
information
travelers
International
N.W.T. plane crash: Fatal flight was headed to Diavik diamond mine
Rio Tinto confirmed Tuesday night.“We have been informed by authorities that a plane on its way to our Diavik mine, carrying a number of our people, crashed near Fort Smith, Northwest Territories, Canada, resulting in fatalities,” the company said.The Northwest Territories Coroner’s Service said there were fatalities from the plane crash near the community of Fort Smith, N.W.T. It did not say how many have died or give further details, saying it must first notify next of kin.The international mining company released a statement of condolences, but did not say how many people were killed or if all were employees.“I would like to extend our deepest sympathy to the families, friends, and loved ones of those who have been affected by this tragedy.
24.01 / 02:47
markets
UPS
Extreme
Trade
Oil prices little changed as fundamentals weigh on geopolitical risk premium
Oil prices were little changed in Asian trading on Wednesday as weak demand and a recovery in supply limited the market's reaction to mounting geopolitical risk.
24.01 / 01:37
Target
Waters
wellness
Trade
country
reports
Updates
Houthi attacks in Red Sea raise economic concerns, global trade disrupted | Top 10 updates
Houthi militant attacks that followed the commencement of the Israel-Hamas conflict have not been stopped despite numerous rounds of retaliatory strikes by the US and its allies as well as a multinational naval operation to patrol the waters. Here are top 10 updates on Houthis-Red Sea attack 1) The United States has carried out airstrikes in Iraq targeting facilities used by "Iranian-backed militias" in the country following repeated attacks on US forces, Defence Secretary Lloyd Austin said in a statement on Tuesday (local time).
24.01 / 01:15
23.01 / 21:43
Target
Discover
students
Relationships
International
Classroom of the Elite Season 3 Episode 4: See what we know about release date, time, plot and more
Classroom of the Elite Season 3 Episode 4 is set to introduce an unexpected twist, leaving fans eager for its release. Discover the release date, time, and a glimpse into the upcoming episode.
23.01 / 17:26
UPS
Research
Universities
country
electronic
Department
22 Indian-origin scientists to take up collaborative research with institutes in country
Science and Technology Minister Jitendra Singh made the announcement here in the presence of NITI Aayog member V K Saraswat, Principal Scientific Advisor A K Sood and Department of Science and Technology (DST) Secretary Abhay Karandikar. The VAIBHAV or Vaishvik Bhartiya Vaigyanik fellows are from the topmost institutes of Australia, Canada, Finland, Japan, Singapore, Sweden, Switzerland, the UK and the US, and will work with Indian institutes such as IISc, IUCAA and the IITs for the next three years on jointly identified projects.
23.01 / 17:13
markets
wellness
Trade
country
reports
International
Oil pares gains as traders assess mixed signals on supply after IEA, OPEC revisions; Brent back to $79/bbl
Also Read: India's crude oil output down 1.03% to 2.5 MMT in December, imports rise 1.1% YoY: PPAC Back home, on the Multi Commodity Exchange (MCX), crude oil futures due for a February 16 expiry, was last trading 0.06 per cent lower at ₹6,261 per bbl, having swung between ₹6,118 and ₹6,265 per bbl during the session, against a previous close of ₹6,265 per barrel. The International Energy Agency (IEA) this week raised its 2024 global demand forecast, but its projection is half that of producer group Organisation of Petroleum Exporting Countries (OPEC).
23.01 / 17:12
economy
Continental
Trade
President
reports
Traffic
International
Risk of EU prices rising, growth slowing from Red Sea attacks -EU trade chief
BRUSSELS (Reuters) — The European Union faces a risk of consumer prices surging and growth slowing due to disruptions to shipping through the Red Sea, though it has yet to feel an economic impact, a top EU official said on Tuesday.
23.01 / 16:05
Target
Moodys
reports
Schools
Investigations
Moody's report flags seven indicators highlighting risks in corporate structures
Moody's Analytics, an arm of the ratings agency, has identified seven indicators in companies that can indicate heightened risks in corporate structures potentially enabling evasion of government sanctions, money laundering, fraud, and other financial crimes. Abnormal directorships, mass registration of companies in a particular geography, jurisdictional risks, financial anomalies, dormancy, circular ownership, and unusual ages of directors are the seven indicators, according to a report by Moodys’. Risks through one or more of these indicators imply presence of a shell company that may mandate a targeted investigation. $1.6 trillion are estimated to have been laundered each year globally, calling for efforts to stay ahead of evolving risks.
23.01 / 15:49
Platform
Entertainment
Netflix
show
exclusive
Latin
rights
Netflix to stream WWE Raw in $5 billion bet on live events
(Corrects company name to 'Endeavor' from 'Endeavour' in paragraph 12)
23.01 / 15:39
Abrdn
People moves
Alternatives
abrdn cuts back on 'niche' ABS team in bid to keep up with UK trends
In the latest move, abrdn has opted to reshuffle the ABS team, according to a spokesperson for the firm.
23.01 / 15:39
companies
Wealth managers
Abrdn
Sky News
Business roles
Fund managers ringfenced from upcoming abrdn job cuts
Investment Week understands that fund managers are not in the scope of the headcount reduction, which is set to trim roughly 10% of abrdn's workforce. (Pictured) Stephen Bird, abrdn CEO
23.01 / 15:39
MSCI
Credit Suisse
ETFs
UBS AM cuts fees of over 200 ETFs as Credit Suisse integration offers 'increased scale'
UBS reported losses last year due to the integration of Credit Suisse, following the acquisition in March 2023.
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