City London Financial News

22.02 / 07:45

markets UPS performer cricket Champions Trophy: India aim for semifinal, Pakistan eye survival in marquee clash

Rohit Sharma's men aiming to seal a semifinal spot and Mohammad Rizwan's team desperate to avoid early elimination from the tournament. While India are on a high after claiming a measured six-wicket win over a sprightly Bangladesh, Pakistan are evidently tense after the 60-run loss in the tournament-opener against New Zealand.

20.02 / 08:37

markets UPS Airlines Food wellness Inside Inside Heathrow’s newly upgraded VIP terminal. All you'll need are a business- or first-class ticket & an additional £3,812

19.02 / 22:09

markets security wellness trends Trade Experts War Posthaste: Gold bars worth billions are being stashed on commercial flights in rush to get bullion to America

Donald Trump has sparked a gold rush, literally.

19.02 / 17:55

markets Google Research Experts show blues testing Google develops AI co-scientist to aid researchers

Google has developed an AI tool to act as a virtual collaborator for biomedical scientists, the US blue chip said on Wednesday.

19.02 / 15:35

markets Parke show performer song Headlines International Sabrina Carpenter adds second BST Hyde Park show in 2025 – Ticket details, lineup and more

Sabrina Carpenter's fans in the UK, who were left disappointed after tickets for her July 5 show sold out, now have another chance to watch the singer perform live.

19.02 / 10:29

Extreme Career Remark Reddit reports rights Interviews Recruiter reveals he broke keyboard when candidate chose another job. Netizens call him 'unhinged'

recruitment specialist recently uploaded an image of his shattered keyboard, which he reportedly broke in frustration after a job seeker turned down his employment offer in favor of another opportunity. Ethan Mooney, a recruitment professional based in London, took to LinkedIn to share a snapshot of the damaged keyboard along with an account of the chain of events that led him to lose his composure.

19.02 / 00:59

markets UPS BLOCK Analysis Continental Trade International Mittal family company sells Rs 8,485-crore of Airtel shares in block deals

Indian Continent Investment (ICIL), a Sunil Mittal-led promoter group entity of Bharti Airtel, on Tuesday sold a 0.84% stake, or 51.1 million shares, in India's second-largest telecom carrier through block deals for ₹8,485.11 crore. Of the shares sold, 12 million were acquired by Bharti Telecom (BTL)-the main promoter-level controlling company of Bharti Airtel-while the balance shares were lapped up by a host of global and local marquee investors including GQG Partners, Fidelity, Lazard, ICICI Prudential MF and SBI Life, according to people familiar with the matter. Mittal family-backed ICIL sold shares at ₹1,660 apiece, as per the block deal data.

03.02 / 14:03

UPS Waters Bill prevention Courts politician UK's biggest water company seeks court approval for emergency funding to prevent nationalization

Britain's largest water company Thames Water is seeking court approval for up to $3.7 billion of emergency funding to prevent the cash-strapped firm from falling into government administration

02.02 / 07:55

Art Digital Photography country Videos How to start building an art collection

Subscribe to enjoy similar stories. Indian art is having a moment. The Hurun India Art List of 2024 recorded staggering sales for the top 50 artists from the country at ₹301 crore—a 19% increase from 2023.

31.01 / 04:31

UPS Strategy economy Election President rights politician Is Europe bound for a Trumpian economic reset?

Subscribe to enjoy similar stories. President of the European Commission Ursula von der Leyen gives a press conference at the EU headquarters in Brussels, Jan. 29.

31.01 / 03:47

UPS CEO Remark wellness information Colleges Profiles Indian-origin man’s 'no women’ work rule stuns British woman CEO. Check her response

Louisa Klouda, who serves as the CEO of Fenchurch Legal, made the incident public by sharing a screenshot of her conversation with Nirmal Patel. In the exchange, Patel informed her of his reluctance to collaborate with female professionals and ended his message with the unprofessional remark, «Be well, sweetheart.”

31.01 / 02:07

markets UPS Provident Telegram WhatsApp Bill Lazard hired Europeans. They were cheap, and possibly better

Lazard had a good first quarter, a great second quarter, and a fantastic third quarter. Today its Q4 results are out and a different adjective is needed. Lazard had a frugal fourth quarter.

30.01 / 03:15

markets COST UPS Citi Metro country India’s shiny new metros are costly white elephants

Delhi Metro’s air-conditioned efficiency makes you feel like you’re in a completely different city.

29.01 / 22:15

markets UPS CEO information reports "HSBC's London bankers should have seen this coming"

As the dust settles on the revelation that HSBC iswinding down its M&A and equity capital markets (ECM) businesses everywhere but Asia and the Middle East, it's becoming apparent that almost no one in the firm had any idea what was about to hit them.

29.01 / 22:15

markets UPS CEO show Inside reports "HSBC's problem is that it just doesn't have enough good people"

HSBC is winding down itsM&A and equity capital markets (ECM) businesses in Europe and the US. While insiders purport to be surprised, the closures have an air of inevitability. HSBC's bankers are peculiarly unproductive in terms of revenues per head. In the Americas, Dealogic says HSBC ranked outside the top 10 for M&A and ECM last year. In Europe, it squeezed in with a ninth position in ECM, down from 7th in 2023.

29.01 / 22:15

UPS Citi Target Man Dreams The most interesting hedge fund job you haven’t heard of

When you imagine your dream job in banking, you might imagine it on Wall Street, or in the City of London. It might actually be in Washington DC – or in Westminster.

29.01 / 22:15

markets UPS Trade Inside reports shock HSBC's shock closure of M&A and ECM outside Asia: "It's crazy"

First, HSBC asked its senior bankers to reapply for their own jobs last November. Then HSBC said it was considering «thoughtful» job cuts. Then HSBC said it was cutting 40% of staff at senior levels. Then, it trimmed unexpected salespeople and traders. Now, it seems that it's closing swathes of its investment bank in the UK, Europe and the US and focusing on Asia and the Middle East.

29.01 / 11:09

AssetCo to overhaul share structure under plans to rebrand as River Global

In a stock exchange notice today (28 January), the firm said it intends to divide its existing ordinary shares into two categories, A ordinary shares and B shares. According to AssetCo, holders of A ordinary shares will continue to benefit from the same economic interests as at present, while owners of B shares will be entitled to AssetCo's economic interest in Parmenion. AssetCo seeks rebrand and spinoff of Parmenion shares amid falling AUM Shareholders will vote on the share reorganisation scheme at a general meeting on 6 March 2025 in London. «The share reorganisation will b...

29.01 / 00:11

UPS IPO Analysis Trade Experts Hero Future Gears up for Rs 3,500 crore IPO

It is interacting with potential underwriters for the share offering in London, where Hero Future's chairman, Rahul Munjal, has been spending considerable time to help expand the global footprint of the renewable energy generator, said the sources cited above.

28.01 / 19:05

Death wellness Instagram Photos War hospital Features What is the story behind Kate Middleton’s Holocaust Memorial pearl necklace? Here is how the princess brings fashion in tradition

Princess of Wales has once again demonstrated her knack for wearing jewelry steeped in symbolism. On Monday, Kate Middleton attended a Holocaust Memorial Day service in London, where she unveiled a stunning vintage five-strand faux pearl necklace.

26.01 / 12:51

markets Art Digital Strategy awards Experts PAM Padma Shri recognition of my work, my family's legacy: Ayodhya Ram Temple architect Sompura

Chandrakant Sompura, from a long line of temple architects, is among the eight persons from Gujarat whose names were announced for Padma awards on Saturday.

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