City London Financial News
13.10 / 05:27
COST
UPS
show
social
Axing Games boosted interest in Victoria, tourism boss claims
A top Victorian tourism bureaucrat says axing the 2026 Commonwealth Games did not damage the state’s reputation for hosting major events and in fact boosted travellers’ interest in the state.
12.10 / 20:55
COST
UPS
Racing
economy
Photography
film
country
‘Cottage industry’: Gurus say nuclear no match for solar energy
London | The debate on nuclear power is a “distraction” from solar, which is about to tip into exponential growth that will sweep aside all other energy sources, say Australia’s much-garlanded pair of leading solar inventors.
12.10 / 19:54
UPS
Racing
President
Former Formula One boss Bernie Ecclestone handed suspended sentence after pleading guilty to fraud
Former Formula One boss Bernie Ecclestone has been given a suspended prison sentence after he pleaded guilty to a fraud charge over his failure to declare millions of dollars held in a trust in Singapore
12.10 / 19:53
Airlines
Enterprise
innovations
travelers
Branson's Virgin wins a lawsuit against a Florida train firm that said it was a tarnished brand
A British judge has ruled in favor of Richard Branson’s Virgin group in its lawsuit against a U.S. train company over a licensing agreement
11.10 / 14:02
UPS
Provident
ETF
regulation
gossips
2020
FCA censures London Capital & Finance over mini-bond promotion
The FCA opted for a censure, arguing it was inappropriate to impose a financial penalty on an insolvent firm.
11.10 / 11:17
FIVE
WhatsApp
Threat
India set to restrict sugar exports in threat to global supply
new season that started Oct 1, and a decision will be made soon, said people familiar with the matter who asked not to be identified as the talks are confidential. Quotas for some overseas sales can be issued if domestic supply improves, they said. India recorded its weakest monsoon in five years and any drop in agricultural output will heap pressure on the government of Prime Minister Narendra Modi to control food inflation ahead elections next month and in 2024.
11.10 / 08:11
Booking
economy
President
gossips
reports
gatherings
Nawaz Sharif set to return to Pakistan on Oct 21, ending 4 years of self-exile
Nawaz Sharif will reach Pakistan in a chartered plane from Dubai on October 21, ending his four-year-long self-imposed exile in the UK, according to a media report. The flight carrying Nawaz will have the name «Umeed-e-Pakistan» which can carry approximately 150 passengers, Geo News reported. «The booking has been made and all arrangements are in place,» the report said.
11.10 / 05:09
Progressive
Manufacturing
WhatsApp
country
reports
Department
end
India-UK likely to sign FTA deal by October end: Report
Economic Times. British Prime Minister Rishi Sunak has earlier reiterated his commitment to closer India-UK ties across different sectors, including a FTA, between the two countries. According to official UK Department for Business and Trade (DBT) figures, UK-India bilateral trade was worth an estimated 36 billion pounds in 2022.
10.10 / 17:45
10.10 / 15:23
Waters
AXY
President
Experts
2020
reports
Indian banks pursue unpaid loans by Singapore's GVK in UK court
GVK Coal Developers (Singapore) Pte Ltd and associated companies opened in the High Court here on Tuesday. Judge Dame Clare Moulder presided over the hearing at the Commercial Court division to hear the case brought by Bank of Baroda (acting by its Ras Al Khaimah branch), Bank of India (London branch), Canara Bank (London branch), ICICI Bank Ltd (acting by its Bahrain, Dubai and Off-Shore Banking branches), Indian Overseas Bank (Corporate Branch, India) and Axis Bank Ltd.
09.10 / 21:35
UPS
Digital
Waters
Pool
show
travelers
An app shows how ancient Greek sites looked thousands of years ago. It's a glimpse of future tech
Greece has become a late but enthusiastic convert to new technology as a way of displaying its famous archaeological monuments and deepening visitors' knowledge of ancient history
09.10 / 18:47
Provident
Action
TikTok
London Underground
show
country
outbreak
Concerns arise as commuter claims bedbug sighting on London Underground
London underground were left appalled when an individual claimed to have spotted a potential bedbug on the Victoria Line. A TikTok video shared showed what appeared to be a bedbug crawling on a commuter's leg, prompting the passenger to call on Transport for London (TfL) to address the issue. The brief eight-second clip displayed the insect on the woman's black trousers, and its appearance and color suggested it resembled a bedbug. TfL responded to the situation in a statement provided to The Mirror, stating that it had no knowledge of any bedbug outbreaks in London.
09.10 / 16:33
09.10 / 12:55
CEO
economy
GBP
country
innovations
reports
UK Companies
635 UK companies employ over 660,000 in India: Report
It comes as the 13th round of free trade agreement (FTA) negotiations are ongoing between India and the UK, expected to significantly boost the bilateral trade partnership estimated at around GBP 36 billion in 2022. «It's fantastic to see even more UK companies thriving in India this year, generating thousands of jobs and delivering significant growth for both our countries,» said UK Minister for International Trade Nigel Huddleston, in a message for the report launch.
08.10 / 17:20
Facebook
Provident
Man
Citizens
love
reports
British man, serving in Israeli army, killed in Hamas assault
Israeli army, was killed in Palestinian Hamas group's unprecedented surprise attack in Israel on Saturday. Corporal Nathaniel Young, aged 20, originally from London, was listed as a resident of Tel Aviv and was a member of the army's 13th Battalion. Gaby Shalev, also from London, shared the heartbreaking news on Facebook, expressing the family's grief. She wrote, «Our little brother Nathaniel Young was tragically killed on the Gaza Border yesterday.» This unfortunate event follows the disappearance of 26-year-old Jake Marlow, who attended the same London school as Nathaniel.
08.10 / 02:39
UPS
voice
2020
reports
Rio Tinto chairman fears global blowback from a No vote
London | A No vote in the Voice referendum could have global reputational repercussions for Australia, Rio Tinto chairman Dominic Barton has warned.
07.10 / 06:15
Target
VISA
Southern
performer
rapper
travelers
International
Rapper 21 Savage legally cleared to travel abroad, plans international performance in London
21 Savage can now legally travel outside the United States and plans to make his international performance in his native London. Savage's lawyer, Charles Kuck, told The Associated Press in a statement Friday that his client has officially become a permanent US resident and may now go overseas. He cleared a major travelling hurdle after being taken into custody by US Immigration and Customs Enforcement (ICE) agents in Georgia in 2019.
07.10 / 06:15
UPS
Action
economy
show
country
gatherings
I saved the dignity of my country: Indian student in London picks up Indian flag during Khalistani protest
London School of Economics, Satyam Surana, displayed a sense of patriotism and concern for India's image on Monday when he picked up the national flag from the ground during a protest led by Khalistani activists in front of the Indian High Commission in London. In a video that has since gone viral, Surana's actions have drawn attention to what he perceives as a disconcerting trend among some Indians living abroad who adopt an anti-India stance merely to appear fashionable. Expressing his unease with such behavior, Surana highlighted the importance of unity, especially at a time when India is rapidly advancing on its path to becoming a global superpower and one of the world's largest economies.
07.10 / 06:15
President
country
hospital
reports
travelers
Nawaz Sharif set to return to Pakistan on Oct 21, confirms brother Shehbaz
Pakistan Muslim League-Nawaz (PML-N) President and Nawaz Sharif's younger brother Shehbaz Sharif confirmed the PML-N leader would return to Pakistan as planned on October 21, reported Dawn. After Nawaz Sharif's legal team submitted his fresh reports on Friday, doctors and lawyers gave him consent to travel back.
07.10 / 01:57
business
Government
Law
Bankruptcy
Sam
week
Sam Bankman-Fried goes on trial: A week in review
Luxury real estate, political donations, investments, and magazine covers. A year ago, that was the life of Sam Bankman-Fried, Assistant U.S. Attorney Thane Rehn remarked during the opening statements of the world's most famous crypto trial.
06.10 / 21:13
UPS
country
concert
travelers
Rio Tinto ready for smaller, riskier projects in green energy hunt
London | The scramble to find more projects intransition materials such as copper and lithium has prompted a strategic rethink at Rio Tinto, with a push into smaller mines and potentially riskier frontier locations.
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