Britain Financial News

16.01 / 19:21

UPS Racing Election country mountaineering Could Canada's oilpatch trust another Liberal? Here's how the PM contenders stack up

Prime Minister Justin Trudeau‘s decision to step down in March will mark the end of a tumultuous era in the Canadian oilpatch that put the country’s energy sector on a collision course with a growing climate movement, the rise of green investing and organized political opposition to pipelines.

16.01 / 17:39

UPS security Trade President country Question on ASEAN stumped Hegseth at Senate hearing. What is it and why is it important?

In a heated Senate confirmation hearing for Pete Hegseth, Sen. Tammy Duckworth grilled the proposed defense secretary over the Association of Southeast Asian Nations, asking him if he could name one member and how many countries were in the bloc

16.01 / 15:33

markets UPS TikTok social Features Videos Duolingo sees 216% rise in new US users learning Mandarin. Why are Americans learning Chinese?

TikTok ban looms in US, users in America are turning to another Chinese app- Xiaohongshu also known as RedNote. Since Shanghai-based RedNote is tailored for a Chinese audience, its default language is Mandarin. This has driven a surge of US users to Duolingo for a crash course in Mandarin.

16.01 / 13:47

UPS Platform GameStop Reddit pandemic Trade UK Robinhood rival Freetrade snapped up by trading firm at 29% valuation discount

LONDON — Freetrade, a British rival to popular stock trading app Robinhood, said Thursday that it's been acquired by online investing platform IG Group.

16.01 / 12:01

CEO Platform Sustainability Universities Sheridan Admans promoted to chief investment officer of TILLIT

Admans joined the firm in 2022 from The Share Centre, where he worked for nearly 16 years and held several roles including analyst and fund manager. Felicia Hjertman, TILLIT founder and CEO, said Admans has done an «outstanding job» in curating the TILLIT universe. TILLIT drops Ninety One UK Sustainable Equity and Janus Henderson Strategic Bond funds As the platform expands into the pensions landscape, the newly appointed CIO will take the «strategic lead» on offering clients the best investment opportunities and solutions, she added. Admans said: «Having been part of TILLIT for...

16.01 / 11:53

markets COST Reuters CEO Strategy PAM BP cuts over 5% of workforce in CEO cost cut drive

BP announced on Thursday that it will cut around 4,700 staff, or over 5% of its total workforce, as part of CEO Murray Auchincloss' efforts to reduce costs.

16.01 / 11:53

markets UPS President War country Blasts in Kyiv as UK's Starmer visits to ink '100-year' accord

Keir Starmer arrived in Kyiv on Thursday on an unannounced visit to sign a «100-year accord» and shore up support for Ukraine before Donald Trump's return to the White House.

16.01 / 09:03

economy trends show Services uplift UK economy as it swings back to 0.1% growth in November 2024

According to data from the Office for National Statistics (ONS) today (16 January), real GDP is estimated to have shown no growth in the three months to November compared with the previous three-month period. UK inflation lowers to 2.5% in December Services output increased by 0.1% over the month, after falling 0.1% in October, which was revised down from 0% in the ONS' previous release, but similarly to real GDP, showed no growth in the three months to November. Production output fell by 0.4%, continuing the downward trend from the previous month when it dropped by 0.6%, and overa...

16.01 / 08:23

markets ETF Analysis economy trends Trade show Long-term vs short-term views: Why Indian markets remain a strong bet for investors

foreign institutional investors (FIIs) have been net sellers, offloading about $23 billion from October 2024 to January 2025. The prevailing narrative attributes this to a weakening Indian economy. However, a closer examination reveals a more nuanced reality.

16.01 / 08:23

markets Digital Strategy economy Experts PAM UK's economic growth mildly rebounds in November in blow to govt

16.01 / 07:55

markets Digital Manufacturing Sustainability community innovations CEAT, HUL facilities join World Economic Forum's Global Lighthouse Network

CEAT and FMCG major Hindustan Unilever Ltd have joined the Global Lighthouse Network of the World Economic Forum for transforming manufacturing through innovation. Announcing 17 new members to the network, the WEF on Tuesday said this community of 189 industry leaders is pioneering the use of cutting-edge Fourth Industrial Revolution technologies in manufacturing.

16.01 / 05:21

markets COST Target Digital Platform Trade country budget 2025 A $200 billion target: Can Budget 2025 simplify the ‘prohibitively complicated’ e-commerce exports

e-commerce exports have seen a commendable rise. An EY-Assocham study put the country’s e-commerce exports at $4-5 billion in FY23, with a target of $200 billion by 2030. E-commerce has helped give small businesses a level playing platform to sell to a much bigger market. The business requires minimal investment and with enablers and push from global players like Amazon, eBay as well as cross-border payment platforms like Payoneer, e-commerce export is becoming a lucrative option for many MSMEs in India.

16.01 / 03:09

markets Digital Platform Strategy PAM social Department German defence and foreign ministries depart from Elon Musk's X

Elon Musk's X, with the defence department saying it had become increasingly «unhappy» with developments at the social media platform.

16.01 / 01:31

markets UPS security Analysis Trade show Wall Street surges as inflation data, bank earnings fuel rally

inflation data and solid earnings from major U.S. banks fueled a rally. The Labor Department said the consumer price index (CPI) increased the most in nine months as energy costs rose, although a measure of underlying inflation pressures subsided.

16.01 / 00:31

markets Digital Strategy Experts PAM reports rights After the H-1B visa row, a new MAGA war erupts, and this time it involves sex trafficker Andrew Tate; here's why

Andrew Tate, who eventually faces some pretty serious alleged legal charges including human trafficking and rape, reported Daily Beast.

15.01 / 14:39

markets UPS Digital Strategy Experts PAM Microsoft launches Copilot Chat for businesses to boost AI adoption

on-demand AI agents for routine tasks, betting on the pay-as-you-go model to drive up the adoption of the technology.

15.01 / 14:39

Provident Strategy awards Trade Refugees CDFI welcomes Bangladesh’s recognition of Chittagong Hill tracts as foreign affairs issue

Chakma Development Foundation of India (CDFI) welcomed the recognition of the Chittagong Hill Tracts (CHTs) region as a “foreign affairs issue” by the Interim Government of Bangladesh.

15.01 / 13:25

UPS Citi Waters Southern Experts Universities mountaineering Trump’s claim Canada’s water would stop L.A. fires ‘preposterous’: experts

deadly and historically destructive wildfires, U.S. president-elect Donald Trump has made what experts call “preposterous” and false claims that California could have avoided the disaster by allowing water from Canada to flow through the state.Trump, who has fixated on California’s water management issues before and has raised them once again amid the fires, reiterated his claim about Canadian water in an interview with Newsmax Monday evening.“You know, when I was president, I demanded that this guy, the governor (of California), accept the water coming from the north, from way up in Canada,” Trump said.“It flows down right through Los Angeles.

15.01 / 13:13

Waves country innovations Department UK attracts over £14bn of private investment in AI in two days

The Department for Science, Innovation and Technology said companies from around the world are looking to back the UK's new blueprint to ensure the country can fully achieve opportunities in the AI field. The latest multi-billion wave of investment came on the back of another £25bn into the UK's data centre infrastructure revealed at the Global Investment Summit last year, raising the total to £39bn in the last six months, according to the department. No trade-off between AI and workers as investors call for greater focus on upskilling On average, around £200m in private sector inv...

15.01 / 09:49

UPS Boeing Food trends UK inflation lowers to 2.5% in December

According to data from the Office for National Statistics today (15 January), the downward trend was driven by restaurants and hotels, with the latter recording a 1.9% decline in prices over the month, as opposed to a rise of 3.1% in December 2023. The CPI index was down from 2.6% in the 12 months to November, however it rose by 0.3% on a monthly basis. Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting Core CPI – excluding energy, food, alcohol, and tobacco – was up 3.2% in the 12 months to December 2024, 0.3 percentage points lower than in November (3.5%). ...

15.01 / 08:33

UPS Food DISH Fishing classical Humble and fried, chips are the hot dish at fancy London restaurants

chips. The thick-cut french fries have been hanging around British pans for around 350 years, since potatoes arrived in the late 1500s, by way of Peru and Virginia. They’re key to the UK’s quintessential working-class dishes, starting with fish-and-chips. More recently, as pubs have struggled, they’ve given the drinking spots an additional revenue stream.

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