Britain Financial News
30.10 / 19:47
30.10 / 19:47
Digital
Platform
Nov
President
Experts
social
elon
Elon Musk expected to attend global AI summit in UK
Elon Musk is expected to attend a global summit on artificial intelligence in Britain this week, according to a government official. Britain is bringing together representatives of AI companies, political leaders and experts on Nov. 1-2 to discuss what some see as the risks posed by AI, with an aim of building an international consensus on its safe development.
30.10 / 18:33
30.10 / 17:19
Provident
Citizens
WhatsApp
Can I invest on behalf of my NRI son?
As a registered power of attorney holder of my NRI (non-resident Indian) son, can I invest the sale proceeds of his two properties in 54 EC bonds on behalf of him and in his name? What is the maximum limit of such investment?—Name withheld on request As a registered power of attorney holder, you are permitted to undertake sale of immovable properties on behalf of your NRI son provided the power of attorney is specific for the properties to be sold. You may take appropriate legal advice to understand the stamp duty implications for such specific power of attorney document. Section 54EC gives you the benefit of tax exemption on capital gains arising from sale of properties held for the long term.
30.10 / 17:09
Waters
Parke
Discover
BBC
Southern
President
evacuation
UK braces for Storm Ciarán: High alert for heavy rain and flooding
Storm Ciarán approaches. Flood warnings have been issued across several regions in England, Scotland, and Wales, with additional amber rain warnings in effect for Northern Ireland. Storm Ciarán is set to make landfall on Thursday and is expected to bring with it strong winds and heavy rainfall, will affect parts of southern England and Wales.
30.10 / 16:33
Africa
community
Cash
remittances
Bitcoin Community
Bitcoin
Small Islands, big problems: Can Bitcoin fix this? Cointelegraph Cape Verde video
Cointelegraph recently traveled to Cape Verde, West Africa, to explore whether Bitcoin (BTC) could be a tool for progress.
30.10 / 16:23
30.10 / 14:55
FIVE
Racing
Align
Death
Experts
country
reports
Mint Explainer: India abstains from UN vote on Israel-Gaza conflict. Why?
India recently chose to abstain from a UN General Assembly vote that sought a humanitarian truce and the protection of civilians amid the intensifying conflict between Israel and Gaza, drawing significant domestic scrutiny. Here's a breakdown of India's decision and its implications - The UN General Assembly's resolution called for an “immediate, durable and sustained humanitarian truce leading to a cessation of hostilities", especially given that the death toll in Gaza has reportedly surpassed 8,000, due to Israel's ongoing airstrike campaign. The conflict escalated following Hamas' attacks in Israel on 7 October, leading Israel to launch a ground offensive into Gaza.
30.10 / 14:37
30.10 / 14:09
Digital
Bill
stage
recommendations
UK confirms plans to regulate crypto industry with formal legislation
The U.K. government on Monday confirmed plans to regulate the cryptocurrency industry, announcing in a consultation paper that it will look to bring in formal legislation for crypto activities by 2024.
30.10 / 13:37
Blockchain
Stablecoin
UK
FCA
UK Government Rolls Out Final Proposals for Stablecoin Regulation
The United Kingdom has released proposals for a stablecoin framework alongside wider industry regulations in a bid to position the country as an investment destination and to protect users.
30.10 / 13:15
Central Bank
Singapore’s Central Bank Joins Forces with Monetary Authorities in Japan, Switzerland, and the UK for Joint Digital Asset Pilots
Singapore’s central bank has announced plans to collaborate with monetary authorities in Japan, Switzerland, and the United Kingdom for joint digital asset pilots.
30.10 / 13:13
UK
Investment trusts
People moves
AssetCo
Princess Private Equity appoints Peter McKellar as chair
McKellar is the former global head of private markets at Standard Life Aberdeen, where he was CIO and also led the private equity and infrastructure business.
30.10 / 12:03
Technology
G7 countries to launch AI code of conduct: Report
The Group of Seven (G7) industrial countries are scheduled to agree upon an artificial intelligence (AI) code of conduct for developers on Oct. 30, according to a report by Reuters.
30.10 / 12:03
Stablecoin
regulation
UK publishes plans for stablecoins regulation
The United Kingdom government presented an update on its plans to regulate fiat-backed stablecoins. The document, published on Oct. 30, aims to facilitate and regulate the use of fiat-backed stablecoins in U.K. payment chains.
30.10 / 11:33
regulation
Bitcoin
Singapore plans joint crypto pilots with Japan, Switzerland and UK
The Monetary Authority of Singapore (MAS), the country’s central bank and financial regulator, is planning to start crypto-related cooperation with some European countries and Japan.
30.10 / 10:55
Platform
Fighting
President
Experts
country
reports
donates
How soon will Ukraine be able to use its F-16s?
F-16 Fighting Falcon fighter jets. Over the weekend, Denmark and the Netherlands announced that they would begin sending F-16s to Ukraine as soon as the training of the first group of pilots to fly them is complete. The Danish air force will donate 19 F-16s (upgraded in recent years) and the Dutch an as yet unclear number of the 42 F-16s they possess.
30.10 / 10:15
Manufacturing
WhatsApp
Stock Market Today: Nifty 50, Sensex extend gains into second consecutive session; mid, smallcaps underperform
Nifty 50 today: Key equity indices the Sensex and the Nifty 50 closed in the positive territory for the second consecutive session on Monday, October 30, on gains led by select heavyweights including Reliance Industries, HDFC Bank and ICICI Bank, amid positive global cues. Major European markets, including the UK's FTSE, France's CAC 40 and Germany's DAX were up over half a per cent each when the Sensex closed as investors shifted focus on key central bank meetings this week.
30.10 / 10:15
Britain to push ahead with rules for cryptoassets
The finance ministry said it would move ahead as proposed in an earlier public consultation, requiring firms undertaking cryptoasset activities to be authorised by the Financial Conduct Authority as Britain introduces rules similar to those already approved in the European Union.
30.10 / 09:59
Aware
WhatsApp
Immunic
country
rock
reports
Khalistan referendum: Over 2 lakh cast vote on ‘Sikh independence’ in Canada
Vancouver Sun, people voted in Surrey on Sunday. It was the second referendum on Khalistan held by Surrey Gurdwara where pro-Khalistan leader Hardeep Singh Nijjar was shot dead in June. Also, the US-based group Sikhs For Justice held a second round of voting in British Columbia for its unofficial referendum to create an independent Sikh state, CBC news reported.
30.10 / 09:49
regulation
Bitcoin
Standard Chartered-owned crypto platform Zodia launches in Hong Kong
Zodia, the institutional cryptocurrency custody platform co-owned by British banking giant Standard Chartered, Japanese SBI Holdings and the financial firm Northern Trust, is expanding its services to Hong Kong.
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