Britain Financial News

25.07 / 15:39

LME LME Clear names Euroclear’s Carty as new boss

Euroclear's Michael Carty has been named the new chief executive of the London Metal Exchange’s clearing house LME Clear.

25.07 / 14:59

Entertainment film Actor love Oscar Celebrity performer British actor Julian Sands' cause of death remains mystery. See what happened

Julian Sands, known for his iconic roles in A Room With A View, 24, and Smallville, has been deemed undetermined. The actor seems to have died after he went missing during a hike in the treacherous San Gabriel Mountains of California. His body was finally recovered in June, months after his disappearance.

25.07 / 14:53

inflation companies Deutsche Bank Deutsche Bank downgrades Hargreaves Lansdown to 'Sell'

Hargreaves Lansdown reported net new business of £1.7bn in the period, up 6% on the previous quarter.

25.07 / 14:53

Diversity Diversity Project set to expand into Europe

Baroness Helena Morrissey (pictured) is chair of the Diversity Project in the UK.

25.07 / 14:39

JPMorgan RIG Citigroup UBS CAT London court revives $3.5 billion mass forex lawsuit against banks

LONDON (Reuters) -A proposed 2.7 billion pound ($3.5 billion) mass lawsuit against major banks including JPMorgan (NYSE:JPM) and Citigroup (NYSE:C) over alleged foreign exchange rigging was revived by a London court on Tuesday.

25.07 / 14:19

Blockchain Software Browser Web3 cybersecurity startup Zyber 365 raises $100 million in funding from SRAM & MRAM Group

Web3 cybersecurity startup Zyber 365 said on Tuesday that it has raised $100 million at a $1.2 billion valuation from UK-based SRAM & MRAM Group. The company, founded in May this year, is headquartered in London with an operational base in India. Zyber 365 plans to make India the hub of its operations, it said in a statement.

25.07 / 14:05

companies Evelyn Partners Advice drives 12.6% rise in operating income for Evelyn Partners

Group operating income totalled £327.2m during the period, with 9.7% growth in financial services as «clients continued to see the value of expert advice», the firm said.

25.07 / 14:05

UK US London Stock Exchange Numis Numis: FTSE leaders bullish on revival of UK listings

Numis found that confidence about the London Stock Exchange’s competitiveness as a capital markets hub versus rival exchanges is improving.

25.07 / 13:59

UPS Backed Helena Morrissey-backed diversity group gears up for European launch

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25.07 / 13:55

Robinhood regulation Bitcoin Crypto-friendly Robinhood inches to UK with local CEO appointment

Cryptocurrency-friendly trading platform Robinhood is moving forward with plans to launch services in the United Kingdom with a new major local appointment.

25.07 / 13:55

Binance regulation coinbase MICA Executive Australian Coinbase Executive Tasks Australian Regulators To Speed Up Legislations To Remain Competitive

Coinbase Chief Policy Officer Faryar Shirazad has noted the importance of regulatory clarity in Australia to position itself as a major web3 hub.

25.07 / 13:16

COST Strategy Remark Celebrity Costs Rupee use in trade transaction with UAE to reduce MSMEs’ conversion costs: Piyush Goyal

New Delhi: India’s plan to use the rupee for trade transactions with the UAE could unlock major trade opportunities and reduce conversion costs for small businesses, according to commerce and industry minister Piyush Goyal on Tuesday. “By implementing the Rupee currency in UAE trade, we aim to open vast trade opportunities while addressing the 5-6% costs incurred otherwise in currency conversion, impacting MSMEs significantly," said Goyal, highlighting the strategic importance of this decision.

25.07 / 12:39

Blockchain regulation London Worldcoin Worldcoin may face UK data regulators inquiry days after launch: Report

The newly launched controversial crypto and ID project Worldcoin could face inquiries from data regulators in the United Kingdom as it raises concerns over privacy and critical biometric data safety, according to a Reuters report.

25.07 / 11:29

UPS Manufacturing CEO show performer Latin Randstad flags tougher job market, earnings beat forecasts

By Olivier Sorgho

25.07 / 11:19

UPS Booking Strategy performer Tata Motors Q1 Results: Net profit at ₹3,202 crore, revenue up 42% YoY crossing ₹1 lakh crore-mark

Tata Motors Q1 Results: Automobile major Tata Motors announced its April-June quarter results for fiscal 2023-24 (Q1FY24) on July 25, reporting a consolidated net profit of ₹3,202 crore. The company's revenue from operations surged 42 per cent to ₹102,236.08 crore in the June quarter - surpassing the ₹1 lakh crore-mark in line with Street estimates. Analysts had expected stronger earnings led by improving margins and healthy sales in its British luxury arm Jaguar and Land Rover (JLR).

25.07 / 11:17

Reuters Digital CEO Coindesk UK Data Regulator to Probe OpenAI’s Crypto Project Worldcoin

The UK’s data regulator Information Commissioner's Office is planning to conduct “further enquiries” on the OpenAI’s crypto project – Worldcoin.

25.07 / 11:05

UK UK government Costs UK faces highest debt interest costs in developed world

Inflation index-linked debt accounted for almost 25% of UK government debt stock in 2023.

25.07 / 10:15

COST Manufacturing show CBI Decline in UK manufacturing orders eases in July: CBI

LONDON (Reuters) — British manufacturing orders declined in July at the weakest rate this year, while expectations for increases in selling prices cooled further, an industry survey showed on Tuesday.

25.07 / 10:11

UPS Provident Reuters Digital CEO country Sam UK data watchdog to make enquiries about Sam Altman's Worldcoin crypto project

Worldcoin, a project by OpenAI CEO Sam Altman where users provide their iris scans in exchange for a digital identification and free cryptocurrency. «We note the launch of WorldCoin in the UK and will be making further enquiries,» a spokesperson for the Information Commissioner's Office told Reuters.

25.07 / 09:59

COST UPS Provident Digital NASDAQ Bitcoin Investors want crypto custodians and Wall St. wants a slice of that

Wall Street activity in the battle to provide custody services for the more than trillion-dollar digital-asset market is heating up rapidly, and in surprising ways, turning what would typically be considered a sleepy area of finance into one of the most lively sectors.

25.07 / 09:59

Strategy Align boost asset manager US alternative asset manager to boost AUM by $4B with private markets acquisition

Boston-based alternative asset manager HighVista Strategies LLC is to acquire the U.S. private markets business of abrdn Inc.

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