City London Financial News

Global oil demand growth is slowing down sharply as economic activity weakens in key countries, the International Energy Agency said as it slashed estimates for this quarter.

Institute of Cancer Research in London have found that exercise reduces the risk of breast cancer in younger women by up to 10 percent. They have also found that the most active premenopausal women were a tenth less likely to develop breast cancer than the least active. According to the research carried out at the institute, breast cancer is more common in women over 50 who have gone through menopause, but it can often be more aggressive and difficult to treat when it does develop in younger patients.

Ivan Nikolov (pictured) will join the firm on 1 January.

Virat Kohli, and Bollywood beauty, Anushka Sharma, marked their sixth year of marital bliss with a glamorous celebration after the recent conclusion of the ICC ODI World Cup. The couple, currently in London, shared glimpses of their intimate party on social media, capturing the hearts of fans. In a heartwarming Instagram post, Kohli shared an adorable picture in which Sharma was seen embracing him from behind. She reciprocated the sentiment, sharing a couple photo with a caption that read, “Day filled with love and friends and family.

₹1,446 crore. Adar Poonawalla is the CEO of Serum Institute of India (SII), which makes the Covishield vaccine. A CNBC report confirmed the deal wherein Adar Poonawalla will buy the most expensive house in London.

A judge has ordered Prince Harry to pay nearly 50,000 pounds or more than $60,000 in legal fees to the Daily Mail publisher for his failed court challenge in a libel lawsuit

Jonathan Unwin (pictured) has joined the firm after eight years as deputy head of asset management at Luxembourg-based private bank Banque Havilland.

Digital asset brokerage firm, Nonco, has raised over $10 million in seed funding, according to a new statement from the company.

The FCA noted that the proposals were high-level at this stage, not definitive and reflected early thinking. The regulator said they would evolve based on stakeholder feedback and further engagement.

A review of the senior managers regime is also on the table, which would lead to an evolution in the regulations rather than an overhaul. | Credit: iStock

Helena Morrissey (pictured), chair of the Diversity Project speaking at the Pathway Programme's graduation ceremony.

London bankers may be struggling to pay their bills, even on managing director salaries, but they're not the only people in financial services who are finding the lifestyle they'd imagined is out of reach.

The Committee said it found the Edinburgh Reforms had so far had “limited impact of the Government’s flagship financial services reform programme”.

Binance, the largest cryptocurrency exchange in the world, is expected to lose its leading position following the guilty plea to US charges and a record $4.3 billion penalty. 

Quiver Quantitative — Carson Block, the renowned short seller and head of Muddy Waters (NYSE:WAT), has publicly declared a short position against Blackstone Mortgage Trust (NYSE:BXMT), citing a potential liquidity crisis due to unfavorable economic conditions impacting commercial real estate. Block's announcement at the Sohn Investment Conference in London highlighted the risks faced by the trust, which specializes in loans secured by commercial properties. He raised concerns about borrowers' ability to refinance and repay the trust, suggesting the need for increased collateral and predicting a significant dividend cut.

Boris Johnson faced intense scrutiny over his handling of the early stages of the pandemic in an appearance before the Covid inquiry in London. Johnson insisted that he was not adequately warned about the severity of Covid-19 in early 2020, attributing the lack of urgency to a prevailing sense of complacency within the government. He expressed regret for mistakes made but argued that some errors were unavoidable given the prevailing mindset at the time.

World shares have advanced after most stocks slipped on Wall Street following a mixed set of reports on the U.S. economy

Investing.com — European stock markets traded higher Wednesday, buoyed by renewed confidence that the major central banks' tightening cycle has peaked. 

Prince Harry is challenging the British government's decision to strip him of his security detail after he gave up his status as a working member of the royal family and moved to the United States

University of Toronto has topped the QS World University Rankings for sustainability in 2024. The second edition of the rankings encompass three distinct categories: Environmental Impact, Social Impact, and Governance. Each category was scrutinized through a set of performance lenses, which, in turn, consist of a combined array of individual metrics, QS said. Think you check all the immigration boxes? Find out The ranking evaluates the social and environmental impact of universities as a center's of education and research, as well as a major employers with the operational sustainability challenges of any large and complex organization. «Sustainability provides students with a unique lens on which institutions are demonstrating a commitment to a more sustainable existence. More than just the commitment, it looks for outwards evidence of this — from the impact that alumni are making in science and technology to solve climate issues, to the impact of research being done across the UN's 17 sustainable development goals,» QS added.

Now in their seventh year, the Investment Week Women in Investment Awards continue to have a vital role to play in helping accelerate the pace of change towards a more diverse and inclusive investment industry.