Department Financial News

Having spent almost two decades at abrdn between 2001 and 2020 in a raft of senior roles including global head of high yield, Logan has returned to his previous position, succeeding Ben Pakenham, who has departed to pursue other opportunities.  abrdn reshuffles fixed income team as global head Craig MacDonald exits after two decades Logan will sit in abrdn's 140-strong fixed income team, bringing with him more than 30 years of experience in credit investment. Jonathan Mondillo, head of global fixed income at abrdn, said: «We are very pleased to welcome back to abrdn Logan, who is a...

Subscribe to enjoy similar stories. When hurricanes hit, they send air pressure sharply lower. They can affect the barometers we use to read the economy, too.

Subscribe to enjoy similar stories. Get ready for a big debate over the amount of red meat on your plate. Scientists advising the U.S.

West Bengal government has extended the ban on manufacturing, storing and selling gutkha and pan masala products containing tobacco or nicotine for another year, starting November 7. The order was issued by the state health department on October 24, citing public health concerns.

Having spent almost a decade as a UK equity fund manager at Fidelity, Himsworth said «it is refreshing to return to the area, which is clearly thriving and somewhere that I genuinely see as home, and a region that I personally want to succeed». The former manager of the £358m Fidelity UK Opportunities fund joins as an investment manager following 30 years of experience within financial services including stints at Royal London Asset Management and Gartmore.  Fidelity International fund manager Himsworth departs after almost a decade McInroy & Wood's CEO Tim Wood said: «We are fortu...

Subscribe to enjoy similar stories. Have you heard the saying, ‘People don’t leave their organizations, they leave their boss’? Unfortunately, there is some truth in that. Some bosses just seem to have a knack for pushing all the wrong buttons—from yelling and bullying to inventing fake deadlines or making you cancel your vacation for something trivial.

Subscribe to enjoy similar stories. A top government panel is likely to approve a ₹4,000-crore production linked incentive (PLI) scheme next month to boost the domestic production of specialty steel and curb imports, two persons in the know of the development said.

McDonald's says testing has ruled out beef patties as the source of the outbreak of E

The start of the commercial Dungeness crab season in California has been delayed for the seventh straight year to protect humpback whales from becoming entangled in trap and buoy lines

institutional arbitration and reduce court intervention in such cases, the government has come out with a draft bill seeking views on the proposed amendments. The Department of Legal Affairs in the law ministry has invited comments on the draft Arbitration and Conciliation (Amendment) Bill, 2024, saying «the aim and purpose is to provide further boost to institutional arbitration, reduce court intervention in arbitrations and ensuring timely conclusion of arbitration proceedings». The draft bill comes months after an expert committee headed by former law secretary and former Lok Sabha secretary general T K Vishwanathan submitted its report on proposed reforms in the arbitration sector to the law ministry. The draft bill proposes the concept of 'emergency arbitration'.

cash prizes. This system offers various games throughout the week, including Win Win, Sthree Shakti, Fifty Fifty, Karunya Plus, and Nirmal. Tickets are easily available across the state. The results for Kerala's Akshaya AK-674 lottery, scheduled for October 27, are highly anticipated. Akshaya AK-674 has a top prize of Rs. 70 lakhs with several other cash rewards.

food safety departments in Ghaziabad and Noida are conducting intensified inspections at food outlets and sweet shops to combat rising incidents of food adulteration. This proactive approach is essential as the festive season often sees a spike in the demand for sweets, increasing the potential for unsafe food practices, as reported by TOI.

Semiconductor Manufacturing Company suspended shipments to China-based chip designer Sophgo after a chip it made was found on a Huawei AI processor, according to two people familiar with the matter. Sophgo had ordered chips from TSMC that matched the one found on Huawei's Ascend 910B, the people said. Huawei is restricted from buying the technology to protect U.S. national security. Reuters could not determine how the chip ended up on the Huawei product. Sophgo, which is affiliated with cryptocurrency mining equipment company Bitmain, did not respond to requests for comment. TSMC declined comment. Huawei did not immediately respond to a request for comment.

Indian nationals who stayed in the country illegally, the US Department of Homeland Security said on Friday, adding that this has been done in cooperation with the Indian government. «Indian nationals without a legal basis to remain in the United States are subject to swift removal, and intending migrants should not fall for the lies of smugglers who proclaim otherwise,» Kristie A Canegallo, acting deputy secretary at the Department of Homeland Security, said in a statement. The chartered flight was sent to India on October 22. The statement said the Department of Homeland Security continues to enforce US immigration laws and deliver tough consequences for those who enter unlawfully by swiftly returning those without a legal basis to remain in the US while encouraging the use of lawful pathways.

Mizoram Chief Minister Lalduhoma stated that the Ministry of Road Transport and Highways will award a compensation to two parties claiming same plots of land; so that the construction work of a four-lane highway between Vairengte and Sairang can begin adding that this is the first compensation of such its kind in the history of India. Lalduhoma while talking to media persons said that during his week-long tour of New Delhi, he participated in a review meeting on highways led by the Minister of Road Transport and Highways, Nitin Gadkari. The Chief Minister stated that he later met Gadkari and apprised the Minister that the construction of a four-lane highway between Vairengte and Sairang cannot be started as forest clearance could not be obtained; and added that though the Supreme Court had directed the Chief Secretary to find an alternative solution to the problem, the claim of the land by both the forest department and the land owners has credibility with both parties accurate in their claim.

Rahul Gandhi on Saturday expressed concern over the recent sharp decline in the Indian stock markets and said the party must evolve ways to protect the interests of youngsters, the salaried class and the common people who have invested their money. In a video of a phone conversation with Pawan Khera — chairman of the Congress' media and publicity department — Gandhi described the stock market as a «space of risk» and urged party leaders to devise innovative ways of cautioning retail investors for protecting their hard-earned money. «If you want me involved in it, tell me how,» Gandhi told Khera, expressing his willingness to be part of a communication campaign to protect the interests of retail investors. The former Congress president posted a video of the conversation with Khera on Instagram with the caption, «Who is in the syndicate that guards the corrupt?»

Emilio Azcárraga has taken a leave of absence from his position as chief executive of Televisa because he is being investigated by the U.S. Department of Justice on a FIFA-related issue

Taiwan is making a longshot push to join the International Monetary Fund

At least one U.S. airline has temporarily canceled flights to Haiti’s capital after gang members opened fire and hit a U.N. helicopter flying near the country’s main airport

Delta Air Lines is suing the cybersecurity firm that has been blamed for causing a global technology outage this summer

Maharashtra Assembly polls, Congress' in-charge for the State, Ramesh Chennithala alleged on Saturday that crores of rupees have been reportedly offered to two MLAs to join the Ajit Pawar-led NCP faction. Chennithala made those allegations while speaking to reporters in the national capital today. He also questioned the Maharashtra Chief Minister (Eknath Shinde)