Britain Financial News

14.07 / 07:47
RAI Shell Police lathi charge on BJP workers in Patna pre-planned conspiracy of Nitish govt: Union minister Nityanand Rai
BJP on Friday said the death of its Jehanabad district general secretary Vijay Singh in alleged police lathi charge in Patna was «a pre-planned conspiracy» of the Nitish Kumar government to stop people of the state from demanding their rights and justice. BJP leader and Union minster Nityanand Rai said the «brutal» lathi charge and use of tear gas shells by the police on the BJP leaders and workers during their protest against various decisions of the Bihar government was a reminder of the British Raj.
14.07 / 07:45
Citi Ashmore Uncertainty weighs on UK managers as Liontrust, Premier Miton, Ashmore, Ninety One all bleed assets
UK-listed asset managers have had a rough quarter, with four top City names all reporting outflows on 14 July in the face of market uncertainty and macroeconomic headwinds.
14.07 / 07:35
companies Aum equities emerging markets fixed income Ashmore Q4 Ashmore Group suffers $2.6bn Q4 outflows as AUM dips 3%
In total, investors pulled $2.2bn from the firm’s fixed income bucket, while equities saw inflows of $300m and alternatives added $100m.
14.07 / 07:35
industry week Investment Week editor wins prestigious Headlinemoney Journalist of the Year Award
Investment Week's Editor James Baxter-Derrington collects his trophy from Alan Oliver, Director of Communications at AXA UK & Ireland and awards host Ayesha Hazarika MBE
14.07 / 07:35
companies liontrust GAM Liontrust AUM drops 6% on £1.6bn quarterly outflows
John Ions, chief executive of Liontrust
14.07 / 07:35
schroders Business roles Gresham House hires sales duo for UK institutional business
Glennon and Leather will work alongside Heather Fleming, managing director of Gresham House’s institutional business.
14.07 / 03:53
UPS Lowe's Shell Oil prices week Oil prices hit 10-week high on tighter supply, soft U.S. inflation
Investing.com-- Oil prices rose in Asian trade on Friday, hovering near 10-week highs on the prospect of tighter supplies, amid disruptions in Libya and Nigeria, while data showing a drop in U.S. inflation also supported sentiment. 
14.07 / 03:09
MET Disney LEGO CEO Action Hollywood shuts down as actors go on strike
Hollywood actors will go on strike at midnight Thursday, effectively bringing the giant movie and television business to a halt as they join writers in the first industry-wide walkout for 63 years. The Screen Actors Guild (SAG-AFTRA) issued a strike order after last-ditch talks with studios on their demands over dwindling pay and the threat posed by artificial intelligence ended without a deal.
14.07 / 02:11
UPS Reuters Microsoft Activision rights Microsoft, Activision weigh sale of some UK cloud-gaming rights
Microsoft Corp and Activision Blizzard are considering giving up some control of their cloud-gaming business in the UK to appease regulators so they can complete their $69 billion merger, Bloomberg News reported on Thursday. The deal, the largest in the history of the video game industry, was also struggling in Britain until this week. Britain's Competition and Markets Authority, which had opposed the transaction, said on Wednesday a restructured deal between Microsoft and Activision Blizzard could satisfy its concerns, subject to a new investigation.
14.07 / 01:27
UPS NIFTY SENSEX Dalal-Street indices pare gains after scaling fresh highs
inflation report amid hopes the Federal Reserve could rein in prices without pushing the economy into recession. Leading equity benchmarks surged 1% in Thursday's trading amid a global 'risk-on' rally, with the Sensex crossing 66,000 for the first time and the Nifty rising past 19,550. However, a sell-off in the last hour of trade saw indices pare most of their gains after hotter-than-expected domestic inflation got local investors anxious.
13.07 / 22:17
regulation privacy security Metaverse lawmakers UK bill on online safety should apply in the Metaverse, say lawmakers
Legislation aimed at regulating certain internet services in the United Kingdom should cover activities in the Metaverse, according to members of the House of Lords.
13.07 / 20:51
UPS Citi Provident COMPOSITE DAX US stocks inflation data Global markets update: US stocks edge higher after producer inflation data
jobless benefits dropped 12,000 to a seasonally adjusted 237,000 for the week ended July 8, but overall the labor market remains tight. The 10-year treasury yield fell to 3.76% from 3.86% late Wednesday. The 2-year treasury yield fell to 4.63% from 4.75%.
13.07 / 20:39
FIVE VISA Indians studying Masters in France can now get five-year post study work visa
Narendra Modi announced that Indian students who are pursuing their Masters in France will now be given a five-year post study work visa. Earlier, Indian students were given two-year work visa.
13.07 / 19:45
UPS FIVE Manufacturing UK economy UK economy shrinks slightly in May on coronation impact
UK economy shrank slightly in May, hit partly by an extra public holiday for the coronation of King Charles III, official data showed Thursday. Gross domestic product decreased by 0.1 percent in May, the Office for National Statistics said in a statement. That beat expectations for a contraction of 0.3 percent and followed a 0.2-percent rise in April.
13.07 / 18:39
UPS FIVE Platform Hyundai Data recap: Poverty report, gaming tax, inflation
second spotcontinued between Hyundai Motor and Tata Motors.     This was a particularly rainy week in northern India, with loss of lives and property reported in multiple states, especially the hills.Delhireceived 40% of its seasonal rainfall in just a two-day period. Till 30 June, the monsoon deficit for the entire country was 10% of the long-period average.
13.07 / 17:57
Binance ETF Europe Gaming BitMEX DApp BTC ETF Today in Crypto: BNB Beacon Chain Upgrade Will Allow It to Halt New Block Production, Europe's First BTC ETF Set to Launch Next Month, Digital Yuan to be Used Offline, BitMEX Traders Can Form Guilds
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
13.07 / 15:47
Katie Price's son Harvey now a Guinness World Record holder for 'world's longest drawing of a train'
Katie Price is a proud mom of Harvey Price, her 21-year-old son who has just entered the Guinness World Records for his feat. The Guinness World Records has recognised Harvey Price for the ‘world's longest drawing of a train’ that he has sketched. Harvey began the drawing of a Thameslink train on June 19, 2023. The piece of art is 21.3 m (approximately 65 ft 6 in) long and 1 m (3 ft 2 in) wide, which makes it the longest drawing of a train ever, so far. The huge drawing is the length of 10 standard-sized doors. The Guinness World Records certificate was presented To Harvey at his school, the National Star College, in Cheltenham, UK. The unique challenge expressed Harvey's love for trains and his creativity, as was shown in the BBC documentary ‘Katie Price: Harvey & Me’. Harvey Price, who recently celebrated his 21st birthday, is the son of Katie Price and former footballer Dwight Yorke. His father has not been part of his life.
13.07 / 15:43
UPS Target Dash The world seems headed for a mild output contraction
There are currently four scenarios for the global economic outlook. Three of these entail potentially serious risks with far-reaching implications for markets. The most positive is a ‘soft landing,’ where central banks in advanced economies manage to bring inflation down to their 2% targets without triggering a recession.
13.07 / 15:13
Reuters Sensodyne toothpaste-maker Haleon planning job cuts
Haleon, the world's biggest standalone consumer health business, is planning to cut hundreds of roles in the UK and potentially thousands worldwide, the Guardian reported on Thursday. The company behind the Sensodyne toothpaste and Advil painkillers was spun off from GSK last year and has more than 24,000 staff globally.
13.07 / 15:01
Orange Sony 55 percent of Netflix US comprises Netflix Originals; currently streaming over 6,600 titles
Netflix is not just one of the world’s most popular streaming applications but also a powerful production house. The latest report reveals how the streaming giant’s original productions have increased worldwide. Currently, of all the content streaming on Netflix US, more than half consists of Netflix Originals. The figure is 55%, a year-on-year increase of 5%. These are all Netflix Originals – movies and series from around the world made by Netflix in the respective regions. Worldwide, too, over 3,500 Netflix Originals are running on the app in various countries.
13.07 / 14:47
UPS Parke Marvell Time It’s crunch decision time for lovers of ageing cars
Some answers take long to show up. Half a century ago, the 1789 French Revolution made news for its impact being judged “too early to tell" by a Chinese leader. It takes the same audacity of far-out thinking to make long-horizon bets, even though the longest pay-off frames usually span only a lifetime or two at most.

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