Britain Financial News

Grant Shapps was appointed as defence secretary on 31 August. Image: Lauren Hurley / DESNZ

The European Commission will launch the consultation as soon as this week.

New Delhi: Toy retailer Hamleys, owned by Mukesh Ambani’s Reliance Industries Ltd., has inaugurated its first retail store in Italy with franchisee Giochi Preziosi S.P.A (GP), a prominent player in the European country’s toy manufacturing and distribution industry.. Under the terms of the franchise agreement, GP has secured the exclusive rights to operate Hamleys stores throughout Italy, Reliance Brands Ltd. (RBL), that acquired the British toy retailer in 2019, said in a statement on Thursday Hamleys has made its debut in Italy with a store in Milan at the Corso Vittorio Emanuele II.

South Korean Bitcoin lender Delio is reportedly preparing for an administrative lawsuit against regulators for the wrong interpretation of law leading to an investigation and hefty fine against the crypto lending firm.

The strategy will aim to outperform the MSCI World Health Care index by at least 2% per annum over the course of a market cycle.

Sheridan Admans (pictured) is the head of fund selection at TILLIT.

'The development of the Private Markets and Alternative Investments certificate acknowledges both this increasingly important investment specialism and the changing demands of candidates looking to develop as they pursue a successful career in the alternatives industry.'

Vets have long maintained that feeding cats a meat-free diet is a big no-no. But a new study published in the open-access journal PLOS ONE challenges this assumption. The researchers write in the abstract: [...] cats fed vegan diets tended to be healthier than cats fed meat-based diets. This trend was clear and consistent. These results largely concur with previous, similar studies. So, are vegan diets really more healthy for cats? When we start to pick apart the findings, we see the evidence is far from conclusive.

Editor’s note (September 14th 2023): this story was updated on September 14th to take in Arm’s valuation and the date of its IPO. No matter how wild the party, it is a rare hangover that lingers into its second year. Yet after a record-smashing rave in 2021, investors in initial public offerings (IPOs) are still nursing sore heads. Over the course of a year-long binge, they ploughed some $600bn into stockmarket listings around the world in 2021, according to Dealogic, a data firm.

leadership team led by Gautam Aggarwal, Division President for South Asia & Country Corporate Officer, India, in navigating the domestic payments landscape, Mastercard said in a statement. The veteran banker has nearly four decades of experience in India's largest bank.

Investing.com -- Investors await the release of fresh economic data on Thursday, as Wall Street considers how a faster-than-anticipated measure of consumer price gains may impact future Federal Reserve policy. Elsewhere, debate swirls around the European Central Bank's own crucial interest rate decision later today, while British semiconductor designer Arm prices its hotly-anticipated initial public offering at the top end of its indicated guidance.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

cruise ship carrying 206 people that ran aground in the world's northernmost national park in Greenland has failed after trying to use the high tide, authorities said. It was the third attempt to free the MV Ocean Explorer.

By Nerijus Adomaitis and Victoria Klesty

The British economy shrank by 0.5% in July after a series of strikes, particularly by doctors at the start of their careers, and unseasonably wet weather

Hindi Diwas 2023: Indians on 14 September celebrate National 'Hindi Diwas'. On this day in 1949, the Hindi language was adopted as one of the official languages of the Republic of India. Written in the Devanagari script, the Constitution of India accepted Hindi language as the official language of India on 14 September 1949.

Mahabharata which were commissioned by Udaipur's Maharana Jai Singh and painted between 1680 and 1698 by his court painter Allah Baksh. «The Mahabharata: Mewari Miniature Paintings (1680-1698) by Allah Baksh» is authored by Chandra Prakash Deval (an expert in Rajasthani literature) and Alok Bhalla (academic-translator). The selection of the paintings, published in the four volumes, is enhanced by designed covers, gilded pages and translations. Each exquisite painting includes a verse from the Mahabharata in Mewari written by Pandit Kishan Das, related to the image. The Mewari text has been translated into Hindi by Deval and then further into English by Bhalla, who has also written the extensive general introduction to each volume, as well as the introductions to the 14 parvas for which paintings have been showcased in the book. A fifth volume of 500 paintings devoted to the Gita, was published by Niyogi Books in 2019. These radiant miniatures painted by Baksh follow almost every story in every chapter of the Mahabharata and have no precedent in India's art tradition.

European Union may have just sparked one of its biggest battles. With European officials fearing millions of auto jobs are at risk from China’s surging electric vehicle exports, the bloc’s executive arm on Wednesday launched an investigation into Beijing’s financial support for the EV industry. The probe, which could take up to nine months, will probably lead to new EU tariffs on Chinese EV imports and embroil major non-European automakers like Tesla Inc., which produce cars in China for export to the bloc. The move may lead to tariffs close to the 27.5% level already imposed by the US on Chinese EVs, according to a person familiar with the matter. The EU duties could vary depending on the producer, the person added, asking not to be identified as the discussions are private and no decision has been finalized. The bloc’s investigation, as well as aggressive moves by Washington to counter China, are part of a broader rethink by governments in developed economies to bring production closer to home, especially for key sectors like semiconductors, pharmaceuticals and heavy industries, which were disrupted during the Covid-19 pandemic. That drive to secure supply chains, combined with the tensions after Russia’s invasion of Ukraine, has resulted in a simultaneous rush to throw up trade barriers, triggering fears of a global economic fragmentation.Major Market If the EU does impose duties, that would curtail one of the last major markets for Chinese EV exports, and raises the prospect of a cascade of defensive moves in places like the UK to protect their markets being flooded by vehicles redirected from the EU. Shares of Chinese electric vehicle makers staged a mix performance Thursday with BYD Co Ltd.

Australian F1 driver Daniel Ricciardo and his Olympic snowboarder mate Scotty James say they always think long and hard about the risks of promoting the wrong thing.