City London Financial News

Subscribe to enjoy similar stories. Wall Street’s visions of a deal bonanza under President Trump haven’t materialized. That doesn’t mean companies have been sitting around idle.

Subscribe to enjoy similar stories.IT TAKES ONLY a brief chat with the organisers of Black Hat Asia to realise this is no ordinary conference. Whereas most professional get-togethers invite their guests to piggyback on the hotel Wi-Fi, Black Hat builds the network for its annual conferences in Las Vegas, London and Singapore from scratch, installing switches, access points, firewalls and monitoring sensors before the conference opens.

. in New York. The typical 20- to 30-year retirement can stretch to 35 years or more with an age gap.Even when families recognize that extended timeline, advisors say they often underestimate how costs evolve.“They don’t tend to think about the full cost of bringing up and educating children,” or the time it can take to fully launch them, said Dan Beckerman of Beckerman Institutional in Ocean Grove, N.J.That disconnect can have consequences.

Bengaluru: In the real estate boom cycle, the flight to quality and premiumization have been defining trends. In a panel discussion on ‘Premiumization in real estate: opportunities and risks,’ at the recent Mint India Investment Summit (MIIS), experts spoke about what homebuyers, investors and occupiers want when they are buying an apartment or renting an office space.“The premiumization that is being talked about is really a quality correction that is happening in real estate.

Digital commerce in India has become a theatre of quiet deception. Sellers cheat by design, and in the rush of a 10-minute grocery delivery, hundreds of millions of consumers rarely notice they are being fleeced.In 1919, John Maynard Keynes marvelled at the Londoner who could order by phone “various products of the whole earth” from his bed while sipping his morning tea. A century later, India has democratized this convenience through cheap smartphones and a national system of instant mobile payments, overtaking the US to emerge as the second-largest e-retail market after China by number of shoppers.Yet, this innovation is being hijacked by ‘dark patterns’—design elements that trick users into overpaying or paying for things they never wanted.

₹265.4 crore, Christian Dior's slipped slightly to ₹257 crore from ₹265.7 crore in FY24, and Louis Vuitton's eased to ₹802.47 crore from ₹816.24 crore in FY24.In contrast, the more upmarket Hermès India, which caters to ultra-rich buyers, continued to expand, with revenue rising to ₹427.9 crore from ₹322.2 crore and net profit increasing to ₹83.7 crore from ₹72.7 crore. Swiss watches also outperformed, with sales rising to about ₹3,500 crore from ₹3,244.6 crore in 2024, according to the Federation of the Swiss Watch Industry FH.The divergence could be a sign of a broader market dynamic at play, say experts.

crude oil was trading at a $6.86 per barrel discount to the May contract of $104.53 at the time of writing. On 27 February, a day before the war began, it was just the opposite: the June contract was at a slight premium of 39 cents to the May contract, which quoted at $72.48, as per Bloomberg.Such flipping of discounts between near and far months—backwardation or inversion in technical parlance—points to supply disruptions due to the West Asia war.

In 2016, Pranav Doshi, then an executive with the Canadian consulate, decided to move 2,000 kilometres away from their home in Mumbai. Doshi’s wife was given an option to choose between Unilever Plc’s London and Dubai offices, and she picked the largest city in the United Arab Emirates. “We selected Dubai because we had a young child, and wanted family support; that was not possible in London,” said Doshi, 47.

Subscribe to enjoy similar stories. Earlier this year, I was in Dubai—a city Indians now treat like the third long weekend of every quarter. I was travelling with a friend who had proudly picked up a “zero forex" travel card just before the trip.

Subscribe to enjoy similar stories. European capitals closed ranks to push back against President Trump’s bid to control Greenland, but the Continent’s dependence on the U.S. for security, exports and technology means decoupling from its ally isn’t an option.

Subscribe to enjoy similar stories. Julian Scot-Smith was window shopping at a Porsche dealership with his wife in London’s fancy Mayfair district before Christmas, sizing up the SUVs. Then the couple peeked into another dealership around the corner.

Subscribe to enjoy similar stories. When you crack open several funds that sound the same, you can find very different investments inside. That’s one of the most subtle, but important, lessons of 2025.

Subscribe to enjoy similar stories. India's only agri derivatives exchange National Commodity and Derivatives Exchange Ltd (NCDEX) is evaluating technical proposals from reputed global vendors—including its existing vendor LSEG (London Stock Exchange Group), US-based Nasdaq, London-headquartered Aquis and India's largest software exporter Tata Consultancy Services Ltd (TCS)—for its equity and equity derivatives platform slated for launch in the next fiscal year, according to a person aware of the development.

Subscribe to enjoy similar stories. In 1784, two white men joined forces to establish an English school in Thanjavur, Tamil Nadu. John Sullivan was British representative at the court of the local rajah, while C.F.

Subscribe to enjoy similar stories. President Trump dialed up pressure on Ukraine to swiftly accept a U.S.-designed peace plan, hardening his position toward the embattled country and its European backers, who insist U.S. security guarantees are vital to a peace deal.

Subscribe to enjoy similar stories. In October, when the Indian cricket team walked on to the pitch in Ahmedabad during the Test series against West Indies with the Apollo Tyres logo on their shirts, it was a moment of intense pride for Neeraj Kanwar. “It’s not just a logo.

Phil Goff, New Zealand's former High Commissioner to the UK, sacked for publicly questioning US President Donald Trump's understanding of history, has defended his comments. Goff stated his comments were prompted by the US President's «disgraceful bullying» of Ukraine and its president Volodymyr Zelensky, and the «untruthful statements» made by the Trump administration about Russia’s invasion. New Zealand Foreign Minister Winston Peters moved quickly to dismiss Goff, stating his position had become “untenable.” Goff, however, maintains he has no regrets and believes his actions will be viewed favorably in the future. Goff made the first comments about Trump during a live-streamed Q&A event with Finland Foreign Minister Elina Valtonen on March 4. Referring to Winston Churchill’s 1938 speech to the House of Commons following the Munich Agreement, asking Valtonen, “President Trump has restored the bust of Churchill to the Oval Office. But do you think he really understands history?” This question, according to Goff, arose from the “dismay” shared within the diplomatic community in London regarding Trump's stance on Ukraine. “As one untruthful statement followed another like something out of an Orwell novel, I increasingly felt that the lies needed to be called out," he had said.

Subscribe to enjoy similar stories. Over dinner on a recent spring evening, Rachel Green listened patiently as her friend droned on about needing a permanent job. Then she erupted.

As part of the takeover completion, Mouhammed Choukeir has been appointed chief executive of UBP's UK division. UBP acquires Kleinwort Hambros as part of Societe Generale deal He will be in charge of all of UBP's wealth management activities in the UK, Channel Islands and Gibraltar and lead the teams' integration while bringing about a strategy for integrated wealth and asset management solutions for both domestic and international clients. In addition, all UBP teams from London will move into the firm's recently opened office in Marylebone later this year. «Becoming UBP is a fa...

Subscribe to enjoy similar stories. Earlier this month, M.F. Husain’s Untitled (Gram Yatra) created a record at Christie’s South Asian Modern and Contemporary Art sale in New York.

A. Murugadoss’s epic action film on Sunday. Soon after ‘Sikander’s enthralling arrival on the big screen, ‘Bhai’ enthusiasts went feral on X. Many diehard fans shared clips of the star performing his trademark dance style and stunts, as well as his spectacular entry scene. One fan praised ‘Sikander’ for making Khan’s entry scene his best to date. “Sikandar totally blows Salman bhai’s last few films out of the water; that entrance was insane! It's got action, emotions, and the songs are pretty good too…” Reads the comment.