City London Financial News

26.01 / 05:53

markets President social Schools rights Who is Indonesian President Prabowo Subianto, the chief guest of India's Republic Day?

Prabowo Subianto has been invited as the chief guest for the Republic Day celebrations, making him the fourth Indonesian leader to be given this honour.

25.01 / 21:19

markets UPS Immunic Trade track electronic HSBC and others are saying goodbye to senior traders before bonuses

US banks have announced bonuses. European banks have not. Before they do, it seems they are removing some senior heads.

25.01 / 21:19

UPS Death wellness track Inside information The banks with shortest working hours may not be those you thought

If you want to work in investment banking, you have to accept that you will not have much of a life outside of it. The industry considers 80 hours a reasonable limit. 100 hours are when things get problematic, but 120-hour work weeks are not unheard of.

25.01 / 10:25

Target Waters War show Investigations International The undersea cable war

Subscribe to enjoy similar stories. A handout picture released by the Britain's Ministry of Defence (MOD) in London on January 22 shows Royal Navy Type 23 frigate HMS Somerset (foreground) patrolling near the Russian vessel Yantar, near U.K. waters, earlier this week.

25.01 / 09:29

film Instagram Celebrity stage social stars Headlines Who is Rajesh Khanna's granddaughter Naomika Saran? A look at her envy-worthy educational credentials

Twinkle Khanna celebrated her niece Naomika Saran’s 18th birthday in 2023, drawing significant attention on social media. Many noted Naomika’s uncanny resemblance to her grandmother, the iconic Dimple Kapadia. Recently, Naomika made headlines once again when she appeared at the screening of Akshay Kumar’s latest film, Sky Force, alongside Dimple.

24.01 / 15:01

CEO President reports Interviews Advertising giant WPP has 'looked at' ditching London for a New York listing - reports

In an interview with the Financial Times, WPP's chief executive Mark Read said moving the FTSE 100 company's primary listing to New York is «something we keep a watching eye on». Although Read noted that, at this time, ditching the UK is not something that WPP plans to do, he said that «other CEOs who have moved their listing to the US have found a positive experience» and therefore it is something the company has «looked at». «With the Trump presidency, there is a resurgence in business confidence in the US,» according to the WPP boss, who noted the «sense of ambition and growth in...

22.01 / 16:17

markets Digital Aviat Strategy Experts PAM International ASA India surrenders microfinance licence, seeks to continue as business correspondent for banks

ASA International India Microfinance, a unit of London Stock Exchange-listed ASA International, has sought to surrender its microfinance licence due to its deteriorating financial health and inability to cope with the associated liquidity concerns.

21.01 / 14:19

markets SUN Strategy Align Experts rights Six planets parade tonight; here are tips on how to view the spectacular planetary alignment

planet parade" is tonight, when six planets align in an amazing arch. A wide arc that barely fits within your field of vision will be formed by the movements of Mars, Jupiter, Uranus, Neptune, Saturn, and Venus. Even so, only four planets will be visible to the unaided eye: Mars, Jupiter, Saturn, and Venus. The rare 'planet parade' will be best seen tonight, experts say.

21.01 / 10:07

SUN CEO Actor Courts Investigations Scandals Sequel to Prince Harry's feud with British tabloids begins in high-stakes trial

Prince Harry's high-stakes trial pitting him against Rupert Murdoch’s U.K. tabloids is getting underway

19.01 / 18:37

markets UPS Strategy Election Universities Mayawati's soft-launch of another nephew stokes party cadres' imagination

Mayawati may soon introduce Ishan Anand into politics to reinvigorate her flagging party. On January 16, a day after her 69th birthday, the Bahujan Samaj Party chief introduced her second nephew, Ishan Anand, a law graduate from the University of Westminster, London, to the cadres at a party meeting.

18.01 / 02:23

markets Digital CEO Strategy Tesla PAM Headlines What is the Trans Atlantic tunnel that Elon Musk wants to dig with his Boring Company? Here are all details of the pathbreaking concept

Tesla CEO Elon Musk has made headlines again with his assertion that The Boring Company could construct a Trans Atlantic tunnel connecting New York and London for ‘1000 times less’ than the estimated $20 trillion price tag often cited for such a project, reported Benzinga. This ambitious idea which has been actually circulated for decades still remains largely theoretical and has never progressed beyond the concept stage due to its astronomical costs and logistical challenges.

16.01 / 17:57

Target Scottish Mortgage's Tom Slater plans to vote against Saba at Baillie Gifford meetings

Speaking at the Scottish Mortgage Forum hosted in London today (16 January), Slater said that as a shareholder of all three of the Baillie Gifford trusts on Saba's hit list – Baillie Gifford US Growth, Edinburgh Worldwide and Keystone Positive Change – he would be voting in line with the respective boards. Saba has targeted seven trusts, including the aforementioned, and utilised its position as a major shareholder in each to call a requisition vote in an attempt to have the boards replaced with Saba-vetted persons and recalibrate the trusts investment processes. Slater said «from a p...

16.01 / 04:07

markets Target Analysis Trade Experts Courts International GAIL shares in focus after $285 million settlement with SEFE Marketing, case withdrawn in London

The settlement, finalised on Wednesday, involves SEFE Marketing paying $285 million to GAIL (India), marking a resolution to the dispute. The agreement also includes the withdrawal of the arbitration proceedings before the London Court of International Arbitration.

14.01 / 19:59

Digital SUN Fox Discover JetBlue travelers British Airways crewmember accidentally deploys emergency slide at airport

Check out what's clicking on FoxBusiness.com.

14.01 / 14:33

markets Strategy Election stage Former Bangladesh Prime Minister Khaleda Zia's BNP demands election by July-August

Khaleda Zia's Bangladesh Nationalist Party (BNP) on Tuesday demanded that the general election be held by July-August this year, refuting interim government chief adviser Muhammad Yunus's stance to stage it by the year-end or mid-2026. «There is no reason to delay the election that much,» said BNP secretary general Mirza Fakhrul Islam Alamgir after an overnight meeting of the party's standing committee that was chaired virtually by acting BNP chairperson Tarique Rahman from London.

14.01 / 13:57

markets Citi Digital Strategy PAM travelers No pants? No problem! London subway riders bare their legs as 'No Trousers Tube Day' returns: 10 points

13.01 / 06:35

Citi Puzzle BBC War fun travelers gatherings No Trousers Tube Ride aims to give Londoners a smile in the bleak midwinter

Mind the pants.

13.01 / 02:57

markets Digital Strategy economy Experts PAM UK PM Starmer to outline plan to make Britain world leader in AI

artificial intelligence, promising to create special zones for data centres and encouraging more graduates to study technology-focused courses. Starmer will say he wants to put AI at the heart of his ambition to grow the economy, while the government will claim if the technology is fully adopted it could increase productivity by 1.5% a year, worth an extra 47 billion pounds ($57 billion), annually over a decade. Ahead of a speech in London by Starmer on AI, the government said it will adopt all the 50 recommendations set out in the report "AI Opportunities Action Plan" by venture capitalist Matt Clifford, submitted to the government last year.

11.01 / 17:55

markets UPS Strategy Experts travelers rights Pack light, fly right: The art of travelling with only the essentials

Frequent travellers who swear by “never checking a bag” are not chuffed to be travelling lighter. Gautam Sinha, founder and creative director of artisanal leather brand Nappa Dori that also makes travel luggage, flies frequently within India and to Dubai, London, and Sri Lanka to manage his many stores. He is concerned that it will be a major disadvantage to travellers, and says, “It has been proven by the experience of similar structures in European and American budget airlines that the consumer ends up paying a lot more for a basic flight.” One thing he is sure of: “It will definitely make people think more before they pack now.”

10.01 / 14:21

markets Research reports International Aviva Investors strengthens leadership team with head of fixed income research hire

In her new role, Bal will be based in London and will be responsible for leading the Aviva research team across global fixed income markets. She will report to Fraser Lundie, global head of fixed income, who joined Aviva in May last year from Federated Hermes. Richard Saldanha returns to Aviva Investors after three week stint at Royal London AM Before joining Aviva, Bal had worked at Fidelity International between 2010 and 2024, most recently serving as global head of research for fixed income. She had also worked as an analyst for PIMCO and CreditSights. Lundie welcomed Bal ...

10.01 / 12:59

UPS Booking Man Remark Freedom Courts Pune court grants bail to Congress MP Rahul Gandhi in Veer Savarkar defamation case

Rahul Gandhi on Friday in a criminal defamation case filed by the grandnephew of Hindutva ideologue Vinayak Damodar Savarkar. The case stems from allegations that Gandhi made objectionable remarks about the late freedom fighter during a speech in London earlier this year. The defamation complaint was lodged last year by Satyaki Savarkar, the grandnephew of Vinayak Damodar Savarkar, who accused Rahul Gandhi of making false claims during his March 2023 speech in London.

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