Britain Financial News

Production output fell by 0.7% in July after growth of 1.8% in June, largely due to a 0.8% drop in the manufacturing sector.

Public Investment Fund (PIF) is co-ordinating the acquisition of players based in Europe, of whom it aims to place at least three at each of these clubs. Four state-owned entities have invested in another four teams. The PIF argues that its involvement in football is part of a broader project to diversify the Saudi economy away from oil and to promote physical activity among citizens.

New Delhi: MTV India and music label T-Series have struck a global deal for rap reality television show, MTV Hustle, as part of which all original music created for the first three seasons will be distributed worldwide by the latter. “MTV Hustle 2.0 has pioneered India’s hip-hop revolution. Its cultural impact in the sub-continent has been multi-fold, making rap the choice of expression for contemporary youth voices.

The United States is one of — if not the worst — place to launch a cryptocurrency startup in the world right now, according to Ripple CEO Brad Garlinghouse, whose firm is in a legal battle with the U.S. securities regulator.

iPhone model you purchase on launch day may be manufactured in India. As per reports, Apple intends to make the India-built iPhone 15 available here and in a few other areas on the first day of worldwide sales on September 15. When will the iPhone 15 sale start in India?Apple will begin collecting preorders for the next iPhones on September 15 in over 40 countries, including the US, India, China, the UK, and Canada.

UN General Assembly President Dennis Francis has said it is «incongruous» that only five countries can exercise certain powers within the UN Security Council, underlining that the thrust of reform has to be to «democratise» the powerful UN organ, making it more fit for purpose in the 21st century. «It's not untrue that the architecture of the Security Council was designed a very long time ago, decades ago when geographically and geopolitically the world was a very different place,» Francis, President of the 78th session of the UN General Assembly, told PTI in an exclusive interview. Francis said many countries did not exist at the time when the UN Security Council was formed more than seven decades ago, particularly developing countries in the Global South and «countries like my own Trinidad and Tobago. We would at that time have been represented by the British. »But the world has changed.

Birkenstock on Tuesday filed for an initial public offering in the United States, underscoring a pickup in the country's equity markets and becoming the second big European company to seek a foreign listing this month. Its filing with the U.S. securities regulator did not disclose the financial details of the offering, but revealed that net revenue for the six months ended March 31 rose 19% to 644.17 million euros ($692.87 million) and profit fell 45.3% to 40.21 million euros. The German sandal maker's IPO ambitions come hot on the heels of filings by British chipmaker Arm, data automation provider Klaviyo and grocery delivery app Instacart, as equity markets in the U.S.

The bid price for Origin Energy from its North American suitors needs to be boosted towards $10 a share or higher to reflect the big lift in the takeover target’s business since it was agreed, Macquarie has told clients.

UN General Assembly Dennis Francis said. «First of all, let me congratulate the government and people of India on the fantastic outcome of the G20 Summit,» Francis told PTI in an exclusive interview here. «I think it's a testament to the diplomatic skill and dexterity of Prime Minister Modi and his team that they were able to keep the G20 together in issuing a solid joint statement of partnership, which of course, is what we need,» Francis, who assumed his role this month as President of the 193-member UN body for the 78th session, said. «We need to build solidarity, we need cooperation, we need a conciliatory approach to our challenges — all of the things that are spelt out in the declaration,» he added. India hosted leaders of the world's biggest economies, including US President Joe Biden, French President Emmanuel Macron, Saudi Arabia Crown Prince Mohammed bin Salman, UK Prime Minister Rishi Sunak, Brazilian President Luiz Inacio Lula da Silva and Russian Foreign Minister Sergey Lavrov among others, for the G20 Leaders' Summit on September 9 and 10 in the Indian capital Delhi. As G20 President, India pulled off a big diplomatic win with the adoption of the New Delhi Leaders' Declaration at the summit, overcoming major differences in the Russia-Ukraine war. The announcement about the consensus on the 34-page declaration and its subsequent adoption came hours after India circulated a new text to the G20 countries to describe the Ukraine conflict. «We have just received good news.

Read More)Wipro Holdings (UK) has completed the transfer of its entire shareholding in Wipro 4C NV to Wipro IT Services UK Societas, with the effective date being September 12, according to reports. Both Wipro Holdings (UK) and Wipro IT Services UK Societas are wholly-owned subsidiaries of the company, while Wipro 4C NV operates as a step-down subsidiary.

Wipro: Wipro Holdings (UK) has completed the transfer of its entire shareholding in Wipro 4C NV to Wipro IT Services UK Societas, with the effective date being September 12. Both Wipro Holdings (UK) and Wipro IT Services UK Societas are wholly-owned subsidiaries of the company, while Wipro 4C NV operates as a step-down subsidiary.

The Securities and Exchange Commission said Tuesday it reached a settlement with digital alternative investments platform YieldStreet of $1.9 million, with the company facing SEC allegations of failing to disclose critical information to investors in a $14.5 million asset-backed securities offering involving a ship that was to be taken apart.

The United States exported more liquefied natural gas (LNG) than any other country in the first half of 2023 (1H23), according to data from CEDIGAZ, amid strong global demand particularly from Europe.

Only 35% of firms familiar with just transition already have or are developing a dedicated investment strategy focused on this theme.

Karl Greenwood, co-founder of OneCoin with Ruja Ignatova, was sentenced in the United States to 20 years in prison and ordered to pay $300 million on Sept. 20. Ignatova remains at large.

van Gogh painting snatched from a Dutch museum during the Covid-19 lockdown, AFP looks back at some other heists involving works by the Dutch master: On August 21, 2010, Van Gogh's "Poppy Flowers", worth $55 million at the time, was cut out of its frame in broad daylight at the Mohamed Mahmoud Khalil Museum outside Cairo. An investigation revealed that the museum's alarm system did not work and that 30 out of 47 surveillance cameras were out of order. It was the second time the small painting from 1887, which is still missing, had been stolen — the first was in 1997, when it was taken from the same museum and was found only 10 years later, in Kuwait. Van Gogh's «Blossoming Chestnut Branches» (1890), among four Impressionist masterpieces valued at more than 112 million euros, was stolen from a Zurich museum on February 10, 2008, in one of Europe's biggest-ever art heists.

Ford says the great-great-granddaughter and great-great-grandson of founder Henry Ford would be taking on leadership roles in the company

Reliance Retail Ltd, said. Prasad, however, did not share the timeline of the stores expansion plan. In July 2022, Reliance had signed long-term partnership agreement with Gap Inc., to launch the American fashion brand in India.

MUMBAI : Intas Pharmaceuticals Ltd is preparing a bid for Biogen Inc.’s biosimilar business in a transaction that could be valued at as much as $1 billion, two people familiar with the talks said. Ahmedabad-based Intas is being advised by Goldman Sachs Group Inc., one of the people said, adding that the company has submitted a non-binding bid and is seeking to put a binding one later this month. “This is still at an early stage," the second person said on condition of anonymity.

NEW DELHI : Direct-to-home (DTH) service provider Tata Play Ltd (earlier Tata Sky) on Tuesday added Apple TV+ on its over-the-top (OTT) aggregation service Tata Play Binge. This marks the American streaming video platform’s debut on any Indian aggregator, and its only second such tie-up worldwide.

Vedanta Ltd acquire Konkola Copper Mines from parent Vedanta Resources Ltd, which has regained control of one of the world’s largest copper mines from the Zambian government. After Agarwal, the Vedanta Group chair, in an uncharacteristic move, shared his views, many proxy advisory firms and investors raised questions on the group’s intention to potentially use the proposed transaction to repay its rising debt.