City London Financial News

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

The winners will be announced at a special ceremony in London on 21 November, which brings together key players across the investment company sector. Now in their 26th year, Investment Week's Investment Company of the Year Awards have a proud history of rewarding excellence in closed-ended fund management. The awards highlight managers in this important part of the market who have delivered consistently strong performance for investors across a variety of sectors and the judges believe can continue to perform well in the future. The shortlists for the awards are constructed using s...

Amid a tornado warning for much of the area, a tornado potentially touched down in Ayr, Ont., on Saturday morning, according to North Dumfries Township.

flight attendant was assaulted by an intruder in her London hotel room earlier this week. The incident occurred at the Radisson Hotel London Heathrow, shortly after midnight. The flight attendant, who was resting after her duty, was attacked around 1:30 a.m. by the intruder. Startled by the attack, she screamed for help, which alerted her colleagues in nearby rooms. They rushed to her aid, causing the assailant to flee, but he was eventually apprehended. The victim, who sustained bruises during the assault, was taken to a hospital for treatment. She has since returned to India, where she is receiving counseling, according to an official statement. An Air India spokesperson confirmed the incident, saying, «We are deeply anguished by an unlawful incident of intrusion at a hotel, operated by a major international chain, that affected one of our crew members. We are providing all possible support to our colleague and their broader team, including professional counselling. Air India is also working with the local police to pursue the matter to the fullest extent of the law, and with the hotel management to ensure such incidents are not repeated.»

Mint’s Founder Diaries podcast series, as well as important business and life lessons for entrepreneurs. Like a million people in India, I am an engineer and an MBA and I was in consulting before starting what we now know as Rebel Foods. I was with McKinsey after my business school in London.

Japanese stocks are leading gains in world markets after Wall Street close to its record heights as data showed the U.S. economy is holding up better than expected

The move marks the first time that the regulator has fined an audit firm. PwC experienced «significant issues» throughout a 2016 audit of LCF, as per an FCA update shared today (16 August). This included a senior individual at LCF acting aggressively towards auditors and the firm providing PwC with misleading and inaccurate information. The audit proved complex and took «considerably longer» than expected to complete, the regulator said. FCA censures London Capital & Finance over mini-bond promotion «LCF's actions, and PwC's own work on the audit, led PwC to suspect that LCF mig...

In the new role, he will lead the ETF product development, capital markets and the newly formed ETF insights team, while retaining his responsibilities as head of ETF distribution in EMEA. Based in London, Spence will report to CIO and global head of asset management solutions Jed Laskowitz. He has spent 20 years at JPMAM, holding roles such as head of EMEA ETF distribution, international head of fixed income investment specialist, and head of the global liquidity Asia business. JP Morgan Claverhouse manager William Meadon to leave JPMAM after 28 years «The verdict is in, ETFs o...

Taylor Swift perform live at the Wembley Stadium, while thousands of people watch her. Taylor Swift has had a great two months so far with some magical Eras Tour concerts in Europe followed by strong rumors of her marriage with Travis Kelce and also the fact they are planning on moving in together.

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...

Bangladesh Nationalist Party (BNP) and pro-Pakistan Jamaat-e-Islami are planning to approach Bangladesh's interim government to secure bail for two former deputy ministers and some senior army officers convicted for their role in the 10-truck arms smuggling case, considered the biggest arms haul in the history of Bangladesh. BNP and Jamaat played a key role in the recent student protests in the country, which led to the ouster of Sheikh Hasina as Bangladesh PM. Sources said the two parties are likely to seek bail for former deputy home minister Lutfuzzaman Babar and former deputy education minister Abdus Salam Pintu, despite their conviction in anti-terror cases.

Kartik Sharma, the Kohli lookalike featured in the video, is no stranger to attention. A software engineer by profession, Sharma has amassed a significant following on Instagram, with over 7.6 lakh followers, thanks to his uncanny resemblance to the cricketer. He regularly shares content that highlights his likeness to Kohli, sometimes even donning the Indian cricket jersey to amplify the effect. Sharma himself reacted to the viral video, commenting, «Fun to be at One8,» under Sachdeva’s post.

India House', on the freedom fighters who came together in the building. The pan-Indian historical drama will star Nikhil Siddhartha in the lead role, with Anupam Kher portraying the character of Shyamji Krishna Varma, the man who had bought the building and started the hostel. How India House came up In 2010, a memorial in the beach town of Mandvi in the Kachchh district of Gujarat, captured attention with its Victorian architecture and red brick construction. The Gujarat government had inaugurated a life-size replica of London’s India House and rechristened it Kranti Teerth to honor Shyamji Krishna Varma's contribution to India's freedom movement. The replica aimed to raise awareness among the youth about his significant role in the struggle for freedom.

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...

On 21 July, I visited the Bank of England Museum in London. It was an interesting and an engaging experience. Nonetheless, I was left wanting more, simply because I thought the museum would be more about the history of money than about who did what at the Bank of England since its establishment in 1694.

Tata started the trend at the turn of the century by buying Tetley, the first leveraged buyout by an Indian conglomerate, for $407 million, emerging as the second largest tea company in the world. In 2007, Tata scooped up Corus in the largest overseas M&A by an Indian company at $12.11 billion, just before the global financial crisis. Much of Corus’ UK operations may have shrunk today but India’s most trusted conglomerate still has deep roots in the island nation, having acquired Jaguar Land Rover, British Salt and Brunner Mond, making Tata the single largest private sector employer in the country. Last year, the group announced a 4 billion pound greenfield giga factory for battery cells in the UK, which at the time was regarded as something of a coup by the first Indian-origin PM of Britain, Rishi Sunak. Not that this could stop his defeat in the July general election.

Uttar Pradesh took out a protest march on Sunday over attacks on Hindus in Bangladesh. People in Varanasi took out a protest march in the city. In Ayodhya, Mahants and Hindu organisations took out a protest march in the city. Former BJP leader Pandit Sunil Bharala said, «The Hindu minority in Bangladesh is under threat at the moment. The temples and mutts are not secured and at night they are guarding it. Our daughters are also not safe. I condemn these attacks and appeal to the Bangladesh interim government to protect them. Our Prime Minister Narendra Modi has taken a strong stand on it. There is anger in the country. India should take a strong decision on this issue if this continues.»

Wrestlers of various age groups are arriving at the Chhatrasal Akhada for nighttime training. They stay in the adjacent sports hostel. Coaches Jaibir Dahiya, Anil Mann, and Pradeep Dahiya are waiting for them.

Bangladesh Nationalist Party (BNP) leader and PM-in-waiting Tarique Rahman allegedly held meetings with Pakistani intelligence agency ISI in a Gulf nation where a plan was hatched to organise a campaign for ousting the Sheikh Hasina government, said people in the know. Rahman allegedly travelled to the Middle Eastern country a few months ago for meeting the ISI officials where the plot was hatched for launching the campaign and creating conditions in Bangladesh for ousting Hasina, ET has reliably learnt. ET had reported last week how the Pakistan Embassy in Dhaka allegedly played a role in instigating the move to hijack the student movement.

UK on Saturday to protest recent rioting blamed on the far-right in the wake of the Southport knife attack that killed three children. Crowds massed in London, Glasgow, Belfast, Manchester and numerous other English towns and cities, as fears of violent confrontations with anti-immigration agitators failed to materialise. It followed a similar situation unfolding on Wednesday night, when anticipated far-right rallies up and down the country were instead replaced by gatherings organised by the Stand Up To Racism advocacy group.

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...