UPS Financial News

As unveiled in June at the firm's capital markets event by chief executive António Simões, the FTSE 100 company is undergoing a restructuring, which will involve redundancies in up to 20 investment roles and a raft of support positions, according to a report by the FT. L&G's new asset management arm was created following the firm's capital markets day in June from the combination of Legal & General Investment Management and Legal & General Capital, its private markets business.  L&G hires PGIM's Eric Adler as asset management CEO The move saw the exit of LGIM CEO Michelle Scrimgeo...

Their claim, filed on Friday (15 November), will join the original one filed in October 2022 on behalf of around 2,750 investors, taking the total number of HL claimants to more than 5,000, RGL said. The contention centres on Hargreaves Lansdown's continued promotion of the former Woodford Equity Income fund (WEIF), up until its suspension in 2019, even though the strategy was already facing diversification and liquidity issues. FCA completes all Woodford investigations but still no end in sight RGL added it plans to file on behalf of additional HL customers who were invested in th...

Consumer Technology Association CEO Gary Shapiro discusses how tariffs impact the prices of laptops on The Claman Countdown.

Canada has introduced new regulations to safeguard its International Student Program (ISP), enhancing its sustainability and protecting students from abuse. The changes, confirmed by Immigration Minister Marc Miller, aim to ensure that international students have a secure and supportive academic experience while working within Canada's framework. These steps are part of Canada's broader goal to balance the country's immigration levels with long-term economic needs, as outlined in the 2025-2027 Immigration Levels Plan. A key update involves the adjustment of work hours for international students. As of now, eligible students can work up to 24 hours per week off-campus during their study periods.

Quincy, Justin, Christian, Chance, twins D'Lila and Jessie, and Love Sean — shared with four different women. Diddy has built an impressive musical legacy in the industry by releasing multiple albums and founding the iconic Bad Boy Records. Currently, the actor is awaiting trial in federal custody at the Metropolitan Detention Center in Brooklyn. He has been charged with sex trafficking, racketeering and abuse among others. While much has been known about his professional and personal lives, let’s take a look at who are his kids and what they are up to.

Monsoon essentials for car & bike: Top 8 must-have essentials and accessories for everyday needsCheck out the GoMechanic Component Speaker for your car with a 260W 2-way coaxial music system. This 4-inch stereo setup delivers powerful bass and clear sound, offering a maximum output of 600W for a rich audio experience. Perfect for upgrading your car's audio system.

Subscribe to enjoy similar stories. ‘Meals ready’, ‘oonu ready’, ‘kanji ivide kittum’ are the boards you’ll see going up at most eateries around 12 pm in Kochi. With cafés, and restaurants offering gourmet dining experiences and regional delicacies popping up, Kochi is emerging as a foodie's paradise.

IT stocks after Federal Reserve Chair Jerome Powell indicated that strong U.S. economic growth would delay interest rate cuts. The BSE Sensex fell 241 points, or 0.31%, to close at 77,339, while the NSE Nifty slid 79 points, or 0.34%, to finish at 23,453.

initial public offering of Zinka Logistics, the parent company of Flipkart-backed trucking aggregator BlackBuck, sailed through on the last day of its public issue. As of 3 pm, the overall issue was subscribed 1.30 times. According to data from the BSE, the public issue received bids for more than 3.52 crore shares against the 2.25 crore shares on offer. Qualified institutional buyers (QIBs) bid 1.80 times the shares reserved for them, while retail investors subscribed to their portion 1.46x.

Nathan Lyon believes that rival players often serve as the «best coaches», acknowledging that his Indian counterpart Ravichandran Ashwin has «taught» him a great deal through their faceoffs since 2011-12. Having made their Test debuts in the same year, Lyon and Ashwin will face each other for the eighth time in the longest format during the Border-Gavaskar Trophy five-Test series beginning in Perth on November 22. «Ash (Ashwin) is an incredible bowler. I've gone head-to-head with him for basically my whole career, so I've learned a lot from Ash,» Lyon told Fox Cricket. «He's an incredibly smart bowler, and he's able to learn and adapt very quickly, and I think the best bowlers in the world are able to do that. He used his skills to benefit himself and his team.

NTPC Green Limited, a wholly owned subsidiary of NTPC Limited on Monday announced a 50:50 Joint Venture of with ONGC Green Limited (OGL), a wholly-owned subsidiary of Oil and Natural Gas Corporation Limited. ONGC NTPC GREEN PRIVATE LIMITED (ONGPL) will be engaged in exploring and setting up Renewable Energy (RE) projects and assets both through Greenfield development and acquisitions. It will also assess the feasibility and establishment of offshore wind projects, among other related activities.

Subscribe to enjoy similar stories. Big star-led films such as Jigra, Khel Khel Mein, Auron Mein Kahan Dum Tha and Yodha that flopped at the box office are still being readily acquired by streaming platforms, which are known to otherwise control spending and turn cautious, with pressure on subscriptions and profitability. The deals to acquire such titles were all struck when the films went on the floor on the star’s name itself and OTT services are still keen to have these faces as part of their portfolio, experts said.

Subscribe to enjoy similar stories. The September quarter (Q2FY25) results of FSN E-commerce Ventures Ltd, the parent of Nykaa, showcased robust growth in the beauty business, while fashion was sluggish—mirroring a trend seen in the previous few quarters. Revenues increased 24% year-on-year to ₹1,875 crore, and the Ebitda margin at 5.5% was slightly below estimates.

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Real Estate Investment Trusts (REITs) have disbursed a total of Rs 2,754 crore to their unitholders in the first half of fiscal 2024, reflecting a 14% increase over the previous year's distribution, according to the Indian REITs Association (IRA). The total disbursement for H1 FY24 was split between four major listed REITs —Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust. The funds were distributed to more than half a million unitholders, with the second quarter alone accounting for Rs 1,383 crore. Since their inception, Indian REITs have distributed over Rs 19,000 crore to investors, highlighting the sector's growing appeal in the country’s real estate market.

In its interim results for the six months to 30 September, the asset manager said the rise in average AUM drove a 15% increase in net management fees to £87.6m, up from £76.5m a year earlier. As pre-announced in October, there was no performance fee profit in the period. Core operating profit climbed 21% year-on-year to £27.3m. Meanwhile, pre-tax profit rose 9% to £23.1m, tempered by £6m in exceptional items, including a goodwill impairment linked to the Dalton Strategic Partnership acquisition. As reported in a trading update in October, AUM rose 4% to £22.7bn at the end of the repor...

In a stock exchange notice today (18 November), the board said the trust is looking to gradually step up its exposure to European assets through an incremental approach. This follows the trust's recent purchase in April of 17 Carrefour supermarkets in France through a sale and leaseback transaction for a total of €75.3m. More recently in November, the board also said it will change the way it calculates its management fee following an agreement reached with its investment adviser, Atrato Capital. Supermarket Income REIT overhauls management fee calculation In a statement issued ...

Subscribe to enjoy similar stories. As the dust settles after one of the most turbulent presidential elections in American history, many are asking whether US president-elect Donald Trump will deliver on his economic agenda and—assuming he follows through on his campaign promises—what impact his policies will have on the United States and rest of the world. On the campaign trail, Trump repeatedly pledged to create manufacturing jobs by imposing a 10% tariff on all imports and up to 60% on Chinese goods.

OnePlus 13 series launch is fast approaching, and rumours and speculation about the OnePlus 13R are reaching a tipping point. So far, a multitude of leaks has emerged regarding what the next 'R' device could offer. This has generated big buzz, largely due to OnePlus’s history of delivering popular models with the ‘R’ series.

Sunita Williams and Butch Willmore have been stuck in ISS for quite a while now due to a Starliner spacecraft malfunction and the public has been concerned about their health. In between the tensions and videos by Sunita Williams, Joe Biden recently revealed to an audience that his wife wishes to send him to space. Recently, US President Joe Biden cracked a joke about being sent to space to rescue astronauts Sunita Williams and Butch Wilmore at the APEC summit in Peru. Biden made the comments while discussing space exploration with Peru President Dina Boluarte Zegarra at a bilateral meeting. ALSO READ: 'My Body Has Changed': Sunita Williams shares latest health update and changes she is experiencing after months in space