City London Financial News

Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...

In the cryptocurrency world, novel projects are launched daily. One noteworthy initiative is SpacePay, a financial company with headquarters in London that aims to streamline cryptocurrency transactions.

nuclear technology with Iran in return for ballistic missiles. These missiles, believed to be used in Russia’s ongoing war with Ukraine, have prompted fears of a growing nuclear threat. Both leaders acknowledged the deepening military cooperation between Moscow and Tehran during their discussions, which also covered the war in Ukraine, the Middle East crisis, and competition with China. US Secretary of State Antony Blinken, speaking earlier in London, warned, “For its part, Russia is sharing technology that Iran seeks – this is a two-way street – including on nuclear issues as well as some space information,” suggesting that Russia and Iran are engaged in destabilizing activities with global implications.

Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...

As per government policy, international students coming to the UK must provide evidence that they have sufficient savings to support themselves “for each month of their course (up to nine months),” according to the Home Office. Under the new rules, students coming to London will have to show evidence of having £1,483 per month, and those planning to study outside of London will need £1,136 per month.

Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...

According to Siddiq, the UK economy and markets have performed well, with the amount of equity capital raised so far this year reaching £20bn in London alone – a figure over three times higher than what the next three European exchanges raised in total. She said the Labour government, elected in July, will continue its work on «a number of industry-driven initiatives». This includes collaborating closely with the government's industry technical group led by Andrew Douglas, pushing for faster settlement of securities trades, as well as moving on with the new Private Intermittent Securi...

Amazon Web Services, said on Wednesday that it plans to spend 8 billion pounds ($10.45 billion) in the United Kingdom over the next five years to build, operate and maintain data centres. The company expects the investment project to contribute 14 billion pounds to the country's gross domestic product by the end of 2028 and to support more than 14,000 jobs at British businesses. The project represents a step-up in the pace of Amazon's investment in Britain. Since 2022 AWS has invested 3 billion pounds in facilities in London and Manchester.

chess icon Viswanathan Anand feels the current crop of Indian players, that he has had a role in shaping, has turned out to be «great» in grabbing crucial opportunities. The 54-year-old, among the all-time greats of Indian sports with five world titles to his credit, is set to have a rare competitive outing at the Tech-Mahnindra Global Chess League come next month in London where he will be part of the Ganges Grandmasters team. In an interview to PTI, Anand shared his thoughts on India's chances at the Chess Olympiad starting on Wednesday, his impressions of the country's Olympic and Paralympic performance, the golden generation of young players that he has helped groom and also his own plans going forward. Widely credited for shaping the likes of youngest ever world championship challenger D Gukesh, and R Praggnanandhaa among others, Anand said he played a small part and shared the credit for their growth with their personal coaches and parents.

Connor Sephton is a journalist based in London, who also works for Sky News and the BBC as a radio newsreader and online reporter. He has covered crypto since 2018 — reporting from major conferences...

Monkeypox, sometimes known as mpox, has been in the news lately, but not much information has been released regarding the individual experiences of those who have contracted it. Like with HIV/AIDS in the early stages, the disease first spread among men who have sex with men. The Telegraph spoke with three people who caught the virus during the 2022 outbreak in order to comprehend the effects of mpox.

Gaza war and release of hostages held by Hamas, said a more detailed ceasefire proposal would be made in the next several days. After 11 months of conflict in Gaza, CIA Director William Burns said he was working very hard on «texts and creative formulas» with mediators Qatar and Egypt to secure a ceasefire, by finding a proposal which satisfies both parties. «We will make this more detailed proposal, I hope in the next several days, and then we'll see,» said Burns, speaking at a Financial Times event in London alongside Richard Moore, head of Britain's MI6 foreign spy agency, in an unprecedented joint public appearance.

intelligence agencies said Saturday that Ukraine's surprise incursion into Russia is a significant achievement that could change the narrative of the grinding 2 1/2-year war. Richard Moore, the head of MI6, said Kyiv's surprise move in August to seize territory in Russia's Kursk region was «typically audacious and bold on the part of the Ukrainians, to try and change the game». He said the offensive had «brought the war home to ordinary Russians». Speaking alongside Moore at a rare public event in London, CIA Director William Burns said the offensive was a «significant achievement» that had exposed vulnerabilities in the Russian military. Burns also warned of the growing and «troubling» defence relationship between Russia, China, Iran and North Korea that he said threatens both Ukraine and Western allies in the Middle East. North Korea has sent ammunition and missiles to Russia to use against Ukraine, while Iran supplies Moscow with attack drones.

Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...

With over 2 year's experience in finance and the crypto sectors, Jose uses his knowledge and expertise to breakdown complex topics into bitesize content for both beginners and experts.

flat from renowned builders, it's generally expected that they will adhere to the agreed payment schedule. However, a non-resident Indian (NRI) residing in London encountered an unfortunate situation with Godrej Properties. The builder requested 60% payment for the flat almost six months before the initially proposed deadline in December 2017. Unable to meet the new deadline, the NRI's flat booking was cancelled in March 2018 by the builder, who allegedly forfeited the NRI's Rs 97 lakh advance payment. Despite the NRI's plea to not cancel the booking, the builder asked for Rs 3.17 lakh as reinstatement fees and Rs 9 lakh as interest in April 2018. The NRI did not agree to the above terms and asked the builder to refund Rs 97 lakh he had already paid when the agreement for sale was registered in 2016. However, the builder refused to pay any money and cited legal terms and conditions. It was later proved in MahaRERA courts that after cancelling the NRI's flat booking, the builder resold these flats to another person for 'substantially' more money. «The Promoter forfeited the amount of Rs 56,66,800/- as per Clause 13(6) of the agreements for sale and did not refund the balance amount,» alleged the NRI in MahaRERA.

Share prices around the world slumped on Wednesday after an overnight drop in US markets led by Nvidia. Stock markets from London to Frankfurt and Tokyo all traded in the red as concerns grew of global growth weakening after a subdued US manufacturing report.

India won its 20th medal at the Paris Paralympics, surpassing Tokyo’s 19 — medal mark. On Wednesday, Sachin Sarjerao Khilari – silver in men’s shot put F46 event — and Harvinder Singh — gold in men’s individual recurve open — added two more medals to push India’s count to 22. Considering that there was only one medal in London 2012 and just four in Rio 2016, the progress is staggering. Naturally, the rise in medals has coincided with the increase in the number of Indian athletes qualifying for the Paralympics. In another positive development, women athletes have outperformed men on many occasions. In Tokyo, all four badminton medals were won by men (Pramod Bhagat, Krishna Nagar, Suhas Yathiraj and Manoj Sarkar). In Paris, however, three women – Thulasimathi Murugesan, Nithya Sre Sivan and Manisha Ramadass – have made it to the podium, while only two men won the medals.

Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...

Robusta coffee slid in London, pulling back from last week’s high, amid a US holiday that contributed to volatile prices. Futures had soared to the highest since the 1970s on concerns about tighter supplies out of Vietnam and Brazil due to unfavorable weather. Prices topped $5,000 a ton on Friday, pushing robusta’s relative-strength index toward overbought territory. The commodity slipped as much as 5.5% on Monday. “We are in a low stock environment, which guarantees volatility,” said Carlos Mera, an analyst at Rabobank. Traders also need to consider other factors, such as shipping disruptions around the Red Sea, congestion in Brazilian ports and the European Union’s incoming deforestation rules, he said.

Jeffrey Gogo is a journalist with 20 years of experience in business, finance, cryptocurrency, and climate change news and analysis.