City Oxford Financial News

CAMBRIDGE, England—The U.K.’s storied universities have a problem. They lose money on almost every British student they teach. The country’s university system boasts 11 of the world’s top 100 universities, with three in the top 10—in a country that has just 1% of the global population.

These rankings cover 12 categories, notably introducing the category of 'International student diversity,' a measure that goes beyond simply assessing the proportion of international students, taking into account the number of nationalities they represent, providing a more accurate reflection of diversity. The United Kingdom led the pack, with the most represented universities on this list, accounting for 15.5% of the institutions, followed by Türkiye at 10.6%, Germany at 7.8%, Italy at 7.5%, France at 7.2%, Spain at 6.4%, Poland at 4.8%, and Ukraine at 4.8%. 106 European universities that have not previously been ranked have been added this year, signaling the evolving landscape of higher education. These institutions hail from North Macedonia, Moldova, Montenegro, and Albania. Topping the charts in the QS World University Rankings: Europe 2024 is the University of Oxford, leading seven UK institutions in the top 10. Alongside the University of Oxford, the University of Cambridge and Imperial College London have secured a perfect score of 100 points in categories such as 'Academic reputation,' 'Employer reputation,' and 'International Research Network.' This underscores the UK's robust higher education system, renowned for its exceptional teaching and research standards. Additionally, some universities within the top 10 have over 10% of their student population from international backgrounds, highlighting the UK's appeal to global students.

reality. By all indications, AI will hit white-collar jobs hardest. Job losses are not the only problem that AI could create in an economy.

Nandini Das from the UK and Kris Manjapra from the US, have earned coveted spots on the shortlist for the 2023 British Academy Book Prize for Global Cultural Understanding. This prestigious international non-fiction award, valued at GBP 25,000, recognizes outstanding contributions to the public's understanding of world cultures and their interconnectedness. Nandini Das, originally from India and now a Professor of Early Modern Literature and Culture at the University of Oxford, is a finalist for her debut work, 'Courting India: England, Mughal India and the Origins of Empire.' Judges have commended her book as «ground-breaking» for its intricate blend of biography and historical narrative, offering fresh perspectives on the early 1600s diplomatic mission from England to India. Through her work, Das sheds light on the mutual understanding and misunderstandings between the Mughals and the English, providing valuable insights into global connections and shifting power dynamics during this pivotal period in world history. Kris Manjapra, of mixed African and Indian parentage, is a finalist for 'Black Ghost of Empire: The Long Death of Slavery and the Failure of Emancipation.' Manjapra, a Stearns Trustee Professor of History and Global Studies at Northeastern University in Boston, Massachusetts, delves into the slow demise of slavery and the disappointments of emancipation in his book. Judges have described it as a «detailed and disturbing account» of the false promise of emancipation that accompanied the formal abolition of slavery in the 19th century.

A multidisciplinary research team from the University of Oxford recently developed a GPU-accelerated limit order book (LOB) simulator called JAX-LOB, the first of its kind. 

mental health consequences, " Prof Brightling said. Another study in Nature Medicine, blamed higher levels of the protein fibrinogen and protein fragment D-dimer of a covid-19 patient for brain fog.

Claire Coutinho, a close aide of British Prime Minister Rishi Sunak, got a big promotion as his new Energy Security and Net Zero Secretary in a mini reshuffle on Thursday. Coutinho, 38, becomes the second Goan-origin minister after Home Secretary Suella Braverman in the Sunak Cabinet and has a tough brief ahead of her as energy costs have been soaring in the wake of the Russia-Ukraine conflict. She has committed herself to work on safeguarding energy security and reducing bills for families struggling with a cost-of-living crisis. In her first Cabinet role, Coutinho replaced Grant Shapps after he was promoted to the post of Defence Secretary following the resignation of Ben Wallace. «I am delighted to have been appointed Secretary of State for Energy Security and Net Zero.

European Southern Observatory's Very Large Telescope (VLT) have made a groundbreaking discovery. They have observed a sizable dark spot in Neptune's atmosphere, accompanied by an unexpected smaller bright spot nearby.

Taylor Swift phenomenon continues, in the middle of re-released albums and The Eras Tour. After an online game, the singer-songwriter now has a study course in her music. Ghent University in Belgium is set to launch a literature course that will cover the artistic genius of popstar Taylor Swift and her music.

Facebook across the globe, a University of Oxford study claims on Wednesday that it found no evidence that the social media platform's worldwide penetration is linked to adverse mental health impact. The study by the Oxford Internet Institute (OII) used wellbeing data from nearly a million people across 72 countries over 12 years and harnessed actual individual usage data from millions of Facebook users worldwide to investigate the impact on wellbeing of the platform, now branded as Meta.

Andrew Millward is a pretty good macro trader. After graduating from the University of Cambridge and the University of Oxford, he spent 11.5 years at JPMorgan and then a similar amount of time at Morgan Stanley. At the latter, he was both a managing director and the EMEA head of macro trading.

Debashree Dutta of Shardul Amarchand Mangaldas & Co (SAM & Co) and Roopali Singh of AZB & Partners are joining law firm Vritti Law Partners for its Mumbai and New Delhi office respectively as co-founders of the firm. Founded by Shameek Chaudhuri and Arvind Ramesh in Mumbai at the beginning of the year, Vritti Law Partners will have its New Delhi office that will be headed by Roopali Singh. An alumnus of the ILS Law College Pune and the University of Oxford, Dutta started her career with ICICI Bank as a manager legal in the year 2007. Subsequently, she moved to the law firm AZB & Partners in 2011 and later joined SAM & Co as Partner for Banking, Finance and Project Finance practice. “This opportunity of collaborating with driven colleagues to build a nimble, transparent and client-centric firm from the ground up is both invigorating and empowering,” said Dutta. “Together, we embark on an exciting entrepreneurial journey, leaving behind the safety net of a large law firm, to explore new horizons and create a dynamic practice that aligns with our shared vision.” An alumnus of the Faculty of Law from the University of Delhi, Singh started her career with Dua Associates in 2004. In 2013 she joined AZB & Partners, where she rose to become Senior Partner in the firm’s litigation and dispute resolution practice.

New Delhi: India's GDP will nearly double in the next seven years to $6 trillion, and per capita income will increase to $4,000 by 2030, Standard Chartered Bank Research said in a report on Friday. India's GDP currently stands at about $3.5 trillion and per capita income at $2,450 during CY 2022.

NEW DELHI : As many as 415 million Indians moved out of poverty in the 15-year period between 2005/2006 and 2019/2021, the UN said in a report on Tuesday. The latest update of the global Multidimensional Poverty Index (MPI) was released by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) at the University of Oxford. The report analysed trends from 2000 to 2022, focusing on 81 countries with comparable data over time.

Leon Marshall, a former executive at crypto lending firm Genesis, has joined Mike Novogratz's Galaxy Digital as global head of sales. 

A leading British businessman who backed the UK's departure from the EU has called on the government to make it easier to allow foreign workers into the country to combat labour shortages.

Britain will officially have a new prime minister on Tuesday - the third occupant of 10 Downing Street in less than three months - when Rishi Sunak moves in. 

Rishi Sunak is set to become the UK's third prime minister in a year after Liz Truss's 44-day-long premiership came to an abrupt halt last Wednesday.

United Kingdom Bitcoin (BTC) payments adoption just recruited a new player. Oxford City Football Club looks to become the first National League football club to accept matchday payments in BTC when the season kicks off on Aug. 6.

Social media users, as well as one of Russia's largest TV channels, Rossiya 1, shared misleading claims on Sunday that the University of Oxford has started to revoke the degrees of 10,000 students linked to the Kremlin.

Chris Patten, the last British governor of Hong Kong and a former EU commissioner for external affairs, is chancellor of the University of Oxford and author of The Hong Kong Diaries