News

Shilpa Shetty wraps up work, reunites with family in London for vacation Bollywood actress and entrepreneur Shilpa Shetty, known for striking a balance between her personal and professional lives, recently won fans' hearts with her decision to prioritise work over a family vacation. After making a surprising solo return to Mumbai from a holiday in London sometime back, Shilpa has resumed her tranquil getaway with her loved ones in the vibrant city. The actress had temporarily left her family behind to meet her work commitments, leaving fans curious about...
Shilpa Shetty wraps up work, reunites with family in London for vacation
Shilpa Shetty wraps up work, reunites with family in London for vacation
Source: IANS
10/07/2023 6:46:53 PM
Janhvi Kapoor, Gulshan Devaiah and Roshan Mathew wrap up first schedule of 'Ulajh' in London Dynamic trio Janhvi Kapoor, Gulshan Devaiah and Roshan Mathew on Thursday announced the first schedule wrap of thriller 'Ulajh' in London. The film is directed by National Award-winning filmmaker Sudhanshu Saria. It has been shot extensively in London. The three actors took to the social media to share their journey, and gave a sneak peek into what went on behind the scenes of the film. Sharing monochromatic photos from the sets of the movie, crew and Sudhanshu, the 'Dhad...
Janhvi Kapoor, Gulshan Devaiah and Roshan Mathew wrap up first schedule of 'Ulajh' in London
Janhvi Kapoor, Gulshan Devaiah and Roshan Mathew wrap up first schedule of 'Ulajh' in London
Source: IANS
6/07/2023 6:24:10 PM
London Stock Exchange Group to set up tech centre in Hyderabad London Stock Exchange Group PLC (LSEG) has announced that it will establish a Technology Centre of Excellence in Hyderabad, which will generate employment for about 1,000 people. The announcement was made after Telangana's Minister for Information Technology and Industries K.T. Rama Rao met Anthony McCarthy, Group CIO, LSEG in London. A Memorandum of Understanding (MoU) in this regard was signed by Jayesh Ranjan, Principal Secretary of IT and Industries Departments, and Anthony McCa...
London Stock Exchange Group to set up tech centre in Hyderabad
London Stock Exchange Group to set up tech centre in Hyderabad
Source: IANS
12/05/2023 6:15:36 PM
Ashoka WhiteOak Emerging Markets Trust (AWEM) garners 30.5 million (INR 314 crore) London has a new investment trust - Ashoka WhiteOak Emerging Markets Trust (AWEM) has ended the 16-month investment company listing drought on to the UK stock market following an initial public offer (IPO) that garnered £30.5m. (INR 314 crore ).   The investment trust will hope to replicate the success of its earlier counterpart the Ashoka India Equity (AIE). The AIE fund had raised £46m in 2018 and has grown to nearly £200 million since. Both the funds ...
Ashoka WhiteOak Emerging Markets Trust (AWEM) garners 30.5 million (INR 314 crore)
Ashoka WhiteOak Emerging Markets Trust (AWEM) garners 30.5 million (INR 314 crore)
Source: PR Agency
11/05/2023 12:30:17 PM
Renowned Sanskrit Scholar Dr. Mattur Nandakumara Honoured with Most Excellent Order of the British Empire (MBE) Dr. Mattur Nandakumara, a highly respected authority on Vedic literature, philosophy, mythology, and rituals, has been appointed as a Member of the Most Excellent Order of the British Empire (MBE) in recognition of his services to the teaching, performance, and accessibility of Indian classical arts in the UK. He has actively promoted Sanskrit education and Indian culture in the UK and Europe for over four decades. Dr. Nandakumara is the current Executive Director of the Bharatiya Vidya Bh...
Renowned Sanskrit Scholar Dr. Mattur Nandakumara Honoured with Most Excellent Order of the British Empire (MBE)
Renowned Sanskrit Scholar Dr. Mattur Nandakumara Honoured with Most Excellent Order of the British Empire (MBE)
Source: PR Agency
20/04/2023 4:18:25 PM
Prithviraj Sukumaran begins location scouting for 'L2: Empuraan' in London  Actor Prithviraj Sukumaran has begun location scouting for his much-awaited Malayalam directorial 'L2: Empuraan'. Prithviraj took to social media to update his fans that he has started location scouting for his next project with actor Mohanlal in London. The 'Kaapa' actor looked smart in a brown leather jacket paired with a grey t-shirt and blue jeans. In 2019, 'Lucifer' became the first film in the history of Malayalam cinema to gross more than Rs 200 c...
Prithviraj Sukumaran begins location scouting for 'L2: Empuraan' in London
Prithviraj Sukumaran begins location scouting for 'L2: Empuraan' in London
Source: IANS
16/04/2023 10:51:29 AM
Government to seek Parliament's approval for union budget today Amid continued disruptions in proceedings of both houses of Parliament with both ruling BJP and opposition Congress refusing to climb down from their positions, the government will try to get the budget passed in Parliament on Thursday. While the Congress is seeking a joint parliamentary committee probe in the Adani matter, the BJP has disrupted proceedings, seeking Congress MP Rahul Gandhi's apology over his remarks on democracy in London. On Wednesday, the government had got the b...
Government to seek Parliament's approval for union budget today
Government to seek Parliament's approval for union budget today
Source: IANS
23/03/2023 11:40:09 AM
Sterling holds gains after rising on UK trade deal with European Union  The pound held steady on Tuesday, retaining gains overnight after Britain struck a new trade deal with the European Union, which brightened the outlook for the post-Brexit UK economy and signalled improved relations between London and the bloc. The dollar was mostly flat in early trade but was on track to end higher for the month, ending a four-month losing streak. Britain and the EU on Monday announced a new deal for post-Brexit trading arrangements for Northern Ireland, known as...
Sterling holds gains after rising on UK trade deal with European Union
Sterling holds gains after rising on UK trade deal with European Union
Source: Reuters
28/02/2023 8:58:17 AM
United blue-chip shares index hits a fresh all-time high The UK's blue-chip shares index has hit a fresh all-time high on Wednesday, only days after a previous record was set last Friday, media reports said. The FTSE 100 index rose by almost 1 per cent at the open on Wednesday morning to hit 7,928.03, surpassing the former high of 7,906.58 set on 3 February, The Guardian reported. Before that date it had taken more than four years to surpass the previous high set in May 2018, it added. Global markets have rallied in the first weeks of ...
United blue-chip shares index hits a fresh all-time high
United blue-chip shares index hits a fresh all-time high
Source: IANS
8/02/2023 5:39:50 PM
Siemens signs 3 billion euro train deal in India  Siemens has signed a 3 billion euro ($3.25 billion) contract to supply and service freight trains in India, the German engineering company said on Monday, the biggest locomotive deal in its history. Siemens will deliver 1,200 electric locomotives and provide servicing for 35 years under the agreement, also its biggest ever in India. The Siemens-designed, 1,200-horsepower trains, with a top speed of 120 km (75 miles)/hr, will be assembled in the Indian Railways Factory in Gujarat s...
Siemens signs 3 billion euro train deal in India
Siemens signs 3 billion euro train deal in India
Source: Reuters
16/01/2023 6:40:10 PM
Yohan Blake named International Event Ambassador for Mumbai Marathon 2023 Yohan Blake, the youngest 100m world champion ever, has been named as the International Event Ambassador for the 18th edition of the Tata Mumbai Marathon to be held on January 15 next year, the race promoter Procam International announced on Wednesday. Ranked among the top 10 marathons in the world, the iconic Tata Mumbai Marathon is a USD 405,000 prize fund World Athletics Gold Label Road Race. According to organisers, the race embodies the city's unique spirit -- encouragement for...
Yohan Blake named International Event Ambassador for Mumbai Marathon 2023
Yohan Blake named International Event Ambassador for Mumbai Marathon 2023
Source: IANS
28/12/2022 5:46:38 PM
India now better placed to qualify for world Test championship final After the 2-0 series win over Bangladesh, India have given themselves a reasonable chance of qualifying for the ICC World Test Championship (WTC) final, thereby having another crack at lifting the most coveted trophy in world cricket. India had lost to New Zealand at the ultimate stage in Southampton in 2021. The WTC, played as a two-year league between the top nine Test playing sides and then a knockout final between the two teams who emerge with the highest points, is in its second cy...
India now better placed to qualify for world Test championship final
India now better placed to qualify for world Test championship final
Source: IANS
27/12/2022 3:06:52 PM
In high spirits Ringing in festive cheer over clinking glasses is the celebration of Christmas. Whether you like your tipple strong or with a twist, we've listed a few options for you to try and they also make for a great gift: Royal Ranthambore whiskey Inspired by the majestic tigers from the land of royalty, The Royal Crafted Rare Whisky is painstakingly crafted with various bespoke blended malt scotches from different geographical regions. The rare scotch grain is made from 100 percent malted ba...
In high spirits
In high spirits
Source: IANS
25/12/2022 2:16:49 PM
United Kingdom wages next year will be at their lowest level since 2006 Brits hoping for a new-year salary bump to offset soaring food and energy costs may be disappointed, media reported. The average British worker's pay in 2023 is expected to fall back to 2006 levels, once inflation is taken into account, according to PwC. Real wages, which factor in inflation, are expected to fall by as much as 3 per cent in 2022 and another 2 per cent in 2023, PwC has predicted in a report on the UK economy, CNN reported. The report confirms that wages have stagn...
United Kingdom wages next year will be at their lowest level since 2006
United Kingdom wages next year will be at their lowest level since 2006
Source: IANS
25/12/2022 1:42:28 PM
India-United Kingdom ties hinge on a Free Trade Agreement in 2023 India and the UK have had a Strategic Partnership since 2004; but this is yet to realise its full potential. Meanwhile, the ties presently hinge on a Free Trade Agreement (FTA). This was supposed to be announced before Diwali, but will now probably happen in 2023. David Cameron as Britain's Prime Minister between 2010 and 2016 greatly desired enhancing relations with India to a "special relationship" - a term applied by London only to the deep understanding with the United St...
India-United Kingdom ties hinge on a Free Trade Agreement in 2023
India-United Kingdom ties hinge on a Free Trade Agreement in 2023
Source: IANS
25/12/2022 10:40:15 AM
Wall street posts fourth straight drop, Treasury yields rise as recession fears weigh U.S. stocks closed sharply lower to extend their three-day losing streak on Monday and Treasury yields advanced, with few catalysts to dissuade risk-off sentiment at the beginning of a likely low-volume, pre-holiday week. All three major U.S. stock indexes ended near their session lows as investors resumed last week's flight to safety, which was driven by recession worries and the Federal Reserve's renewed vow to keep interest rates at restrictive levels until the inflation beast i...
Wall street posts fourth straight drop, Treasury yields rise as recession fears weigh
Wall street posts fourth straight drop, Treasury yields rise as recession fears weigh
Source: Reuters
20/12/2022 9:14:20 AM
India Week 2023: Reimagining India-UK futures together after FTA deal As the UK and India reach the closing stages of agreeing on a bilateral Free Trade Agreement, global advisory firm EPG is hosting its annual get-together of change-makers, policy and business leaders for high-level discussions on pertinent topics, called “India Week 2023”.   EPG’s India Week seeks to celebrate these trends, across several special events on 7-12 May 2023 in Leicestershire, Oxford and London.   A Free Trade Agreement between India and the...
India Week 2023: Reimagining India-UK futures together after FTA deal
India Week 2023: Reimagining India-UK futures together after FTA deal
Source: PR Agency
17/12/2022 5:42:08 PM
Analysis-Climate damage fund trumps 1.5C push as COP27 summit nears end In its closing hours, the COP27 climate talks appeared set to create a long-sought fund to tackle "loss and damage" from climate change but progress on cutting emissions and moving away from fossil fuels was proving hard to win, policy experts said. A draft agreement at the summit in gas-rich Egypt emphasised the tough economic and geopolitical situation many countries face, even as they are battered harder by more extreme weather and threatened by rising seas. The draft deal,...
Analysis-Climate damage fund trumps 1.5C push as COP27 summit nears end
Analysis-Climate damage fund trumps 1.5C push as COP27 summit nears end
Source: Reuters
25/11/2022 5:16:12 PM
Uttar Pradesh minister Yogi Adityanath ready to cross shores for Global Investors` Summit Uttar Pradesh ministers will travel to 19 cities across 17 countries between December 9 and 19, ahead of the Global Investors' Summit (GIS) scheduled early next year. The road shows will work in simultaneous mode which means that more than one road show will take place per day. Sources said the schedule had been verbally approved by Chief Minister Yogi Adityanath who may travel separately closer to the event in January. The required paperwork for visa and other things has been initi...
Uttar Pradesh minister Yogi Adityanath ready to cross shores for Global Investors` Summit
Uttar Pradesh minister Yogi Adityanath ready to cross shores for Global Investors` Summit
Source: IANS
24/11/2022 10:27:12 AM
Silver heads for biggest deficit in decades, Silver Institute says Global demand for silver is expected to rise 16% this year to 1.21 billion ounces, creating the biggest deficit in decades, according to the Silver Institute on Thursday night. Use of silver by industry, for jewellery and silverware and for bars and coins for retail investors were all forecast to reach record levels, the institute said. Automakers are using more silver as the amount of electronics in vehicles increases, but the sector accounts for only around 5% of total demand. Solar p...
Silver heads for biggest deficit in decades, Silver Institute says
Silver heads for biggest deficit in decades, Silver Institute says
Source: Reuters
18/11/2022 9:28:35 AM
India participates in WTM 2022, London to step up recovery of inbound tourism With a view to step up recovery of inbound tourism to pre-pandemic level, the Ministry of Tourism is participating at World Travel Market (WTM) 2022 from November 7-9 in London which is one of the largest international travel exhibitions. The theme of this year's exhibition is 'The Future of Travel Starts Now'. The formal inauguration of the Indian Pavilion was done by Arvind Singh, Secretary, Ministry of Tourism, and Vikram Doraiswami, High Commissioner of India to UK in pr...
India participates in WTM 2022, London to step up recovery of inbound tourism
India participates in WTM 2022, London to step up recovery of inbound tourism
Source: IANS
8/11/2022 4:02:03 PM
HSBC makes surprise succession move as forecasts hit shares HSBC named Georges Elhedery as its new chief financial officer on Tuesday in a surprise move that puts the former head of its investment bank in pole position to eventually succeed Noel Quinn as CEO. The change came as HSBC's shares were knocked by a 42% slide in third quarter profit, the result of loan losses and charges from the sale of its French business as it seeks to placate investors including China's Ping An Insurance Group. HSBC stock, which fell as much as 8%, was on t...
HSBC makes surprise succession move as forecasts hit shares
HSBC makes surprise succession move as forecasts hit shares
Source: Reuters
25/10/2022 11:55:08 AM
Gold prices edge lower on steady dollar, Fed rate-hike jitters  Gold prices inched lower on Wednesday as the dollar steadied, while the U.S. Federal Reserve's commitment to tightening monetary policy also weighed on zero-yield bullion's appeal. FUNDAMENTALS * Spot gold was down 0.1% at $1,650.75 per ounce, as of 0125 GMT. * U.S. gold futures were up 0.1% at $1,657.30. * The dollar index was a tad bit higher in early Asian hours, having bounced off its lowest level since Oct. 6 overnight. [USD/] * The U.S. central bank may need...
Gold prices edge lower on steady dollar, Fed rate-hike jitters
Gold prices edge lower on steady dollar, Fed rate-hike jitters
Source: Reuters
19/10/2022 9:04:24 AM
Sterling pauses after UK fiscal U-turn rally, yen scrabbles off 32-year low  Sterling paused on Tuesday, after surging almost 2% the day before, as improved investor sentiment sent the safe haven U.S. dollar lower against major peers following the UK's dramatic U-turn on its fiscal plans. The Bank of England (BoE) is likely to further delay the start of its sales of billions of pounds of government bonds to help stabilise government bond markets after Britain's failed "mini budget", the Financial Times reported. On Monday, new finance min...
Sterling pauses after UK fiscal U-turn rally, yen scrabbles off 32-year low
Sterling pauses after UK fiscal U-turn rally, yen scrabbles off 32-year low
Source: Reuters
18/10/2022 4:04:58 PM
Adani Skill Development wins Gold Stevie Award 2022 The Adani Skill Development Centre (ASDC), a not-for-profit initiative of the Adani Foundation and the Adani Group, has been conferred with the Gold Stevie Award in the 'Organization of the Year - Non-Profit or Government Organizations - Medium-size category at an event held in London on October 15. The ASDC is the first Indian organisation to secure the Gold award in this category. It contended for the first place against Jeunesse Global, the US; TM Forum, London; Cement Industry Empl...
Adani Skill Development wins Gold Stevie Award 2022
Adani Skill Development wins Gold Stevie Award 2022
Source: IANS
18/10/2022 3:41:25 PM
JGU Law Professor Shireen Moti bestowed with the Women of the Future: 50 Rising Stars in ESG UK Award Professor Shireen Moti, Assistant Professor of Law at Jindal Global Law School, O.P. Jindal Global University has been awarded the 'Women of the Future: 50 Rising Stars in ESG' by Women of the Future UK for promoting access to justice and legal aid in India through her work with rural communities. She is the only Indian and one in 12 Asians to be recognized as a 2022 Listee of these International awards. She researches in the areas of Constitutional Law and Theory, Transnational Le...
JGU Law Professor Shireen Moti bestowed with the Women of the Future: 50 Rising Stars in ESG UK Award
JGU Law Professor Shireen Moti bestowed with the Women of the Future: 50 Rising Stars in ESG UK Award
Source: IANS
17/10/2022 1:00:54 PM
Law firm which saved Amitabh Bachchan in Bofors case marks 40th anniversary Zaiwalla & Co, the first Indian-owned City of London solicitors, marked the 40th anniversary of their formation at a packed and elegant reception at London's distinguished Victoria and Albert Museum on Wednesday evening. Established by Mumbai-born Sarosh Zaiwalla, in 1990, the firm shot to fame in India when acting on behalf of filmstar Amitabh Bachchan and his brother Ajitabh in a suit connected with the Bofors arms controversy at the London High Court. A Swedish newspaper Dage...
Law firm which saved Amitabh Bachchan in Bofors case marks 40th anniversary
Law firm which saved Amitabh Bachchan in Bofors case marks 40th anniversary
Source: IANS
13/10/2022 1:08:04 PM
Dollar off 20-year peak as Fed headlines big central bank week  The dollar lingered near a two-decade top on major peers on Monday, ahead of a week loaded with market holidays and central bank decisions from Washington to London and Tokyo. The dollar index, which measures the currency against six counterparts, was 0.2% stronger than Friday at 109.84, consolidating after a volatile couple of weeks that took it as high as 110.79 on Sept. 7 for the first time since mid-2002. Investors have scrambled to price in higher U.S. interest rates and a st...
Dollar off 20-year peak as Fed headlines big central bank week
Dollar off 20-year peak as Fed headlines big central bank week
Source: IANS
19/09/2022 10:50:45 AM
Riddhima Kapoor Sahni to make London Fashion Week runway debut Riddhima Kapoor Sahni will make her London Fashion Week runway debut, opening the show for ace British fashion designer Helen Anthony. This is the first time the influencer and Indian jewellery designer is set to walk the runway on an international stage. Riddhima will open the show wearing her own creations as well as Anthony's. "I've always been proud of the shows I have walked for in India, but I'm excited and nervous, this is the first time I will be walking on an inte...
Riddhima Kapoor Sahni to make London Fashion Week runway debut
Riddhima Kapoor Sahni to make London Fashion Week runway debut
Source: IANS
12/09/2022 12:04:24 PM
Riddhima Kapoor Sahni to make London Fashion Week runway debut Riddhima Kapoor Sahni will make her London Fashion Week runway debut, opening the show for ace British fashion designer Helen Anthony. This is the first time the influencer and Indian jewellery designer is set to walk the runway on an international stage. Riddhima will open the show wearing her own creations as well as Anthony's. "I've always been proud of the shows I have walked for in India, but I'm excited and nervous, this is the first time I will be walking on an inte...
Riddhima Kapoor Sahni to make London Fashion Week runway debut
Riddhima Kapoor Sahni to make London Fashion Week runway debut
Source: IANS
11/09/2022 12:58:41 PM
Stock rally fizzles, dollar retreats as U.S. jobs glow fade A rally in world stocks flagged on Friday, while the U.S. dollar retreated from a 24-year high on the yen, after data that showed the U.S. labor market is starting to loosen failed to allay investor fears about aggressive interest rate hikes from the Federal Reserve. News that Russia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany, deepening Europe's difficulties in securing winter fuel, further soured sentiment in the United States ahead of the...
Stock rally fizzles, dollar retreats as U.S. jobs glow fade
Stock rally fizzles, dollar retreats as U.S. jobs glow fade
Source: Reuters
3/09/2022 9:23:57 AM
Fans chase M.S Dhoni, take running selfies with him in London Former India captain M.S Dhoni, who is enjoying his time in England for at least two weeks now, was seen being chased by fans for a selfie with him in the streets of London. The 41-year-old cricketer is in England since before his birthday on July 7. He celebrated his birthday with his wife, friends and a few Indian cricketers as well. Apart from that, Dhoni has been to watch India's matches in the ongoing tour and even met a few of his former teammates in the dressing room after th...
Fans chase M.S Dhoni, take running selfies with him in London
Fans chase M.S Dhoni, take running selfies with him in London
Source: IANS
17/07/2022 12:34:09 PM
Aparshakti Khurana jets off to a London vacation with wife Aakriti Bollywood actor Aparshakti Khurana, who will next be seen in the upcoming spy thriller called 'Berlin' opposite Ishwak Singh, has taken a small break from his work and jetted off to London with his wife Aakriti. Talking about the trip, Aparshakti says: "Though I am striving to get back to work, this break was much needed. It feels amazing to take time off work." Aparshakti was seen in movies such as Badrinath Ki Dulhania, Stree, Luka Chuppi and in 2021, he did Helmet, ...
Aparshakti Khurana jets off to a London vacation with wife Aakriti
Aparshakti Khurana jets off to a London vacation with wife Aakriti
Source: IANS
4/07/2022 2:32:33 PM
How genes helped people cope with pandemic stress London, May 22 (IANS) Everyone has been impacted by the Covid-19 pandemic, but a new study finds that some individuals weathered the stress of the pandemic better than others, in part, due to their genetics. How a person perceives their quality of life depends on a combination of factors that include the genes they inherited from their parents and their environment, a mix of nature and nurture. Studying genes related to quality of life can be complicated, but the Covid-19 pandemic ...
How genes helped people cope with pandemic stress
How genes helped people cope with pandemic stress
Source: IANS
23/05/2022 12:11:19 PM
Palladium jumps 5% on supply fears, inflation risks lift gold Palladium prices jumped 5% on Monday to a more than two-week high propelled by supply concerns following a recent ban on trading of the metal sourced from Russia in the London hub. Safe-haven gold, meanwhile, advanced 1% on inflation jitters amid the war in Ukraine. Palladium XPD= climbed 4.1% to $2,526.19 per ounce by 1218 GMT, having earlier hit a peak since March 24 at $2,550.58. Platinum XPT= rose 0.8% to $983.22. Newly refined Russian platinum and palladium was suspended from tr...
Palladium jumps 5% on supply fears, inflation risks lift gold
Palladium jumps 5% on supply fears, inflation risks lift gold
Source: Reuters
11/04/2022 6:58:20 PM
'Banarasi' mangoes in London, Dubai For the first time, Banarasi mangoes are being exported to London, Dubai and other parts of the world under Agricultural and Processed Food Products Export Development Authority (APEDA) supervision, according to the Union Ministry of Commerce and Industry. A consignment of 1.2 and 3 metric tonnes of mangoes were dispatched from Varanasi for London and Dubai respectively. Moreover, 520 metric tonnes of regional rice, 3 metric tonnes of fresh vegetables and 80 MT of regional rice were export...
'Banarasi' mangoes in London, Dubai
'Banarasi' mangoes in London, Dubai
Source: IANS
7/01/2022 2:37:12 PM
Oil slips after restrictions to counter Omicron variant LONDON - Oil prices eased after early gains on Thursday after measures by some governments to slow the spread of the Omicron coronavirus variant, though losses were capped by positive comments from vaccine makers about the efficacy of their jabs. Brent crude futures fell 47 cents, or 0.6%, to $75.35 a barrel by 1004 GMT after touching a peak of $76.70. U.S. West Texas Intermediate (WTI) crude futures fell 31 cents, or 0.4%, to $72.05 after a session high of $73.34. "Although l...
Oil slips after restrictions to counter Omicron variant
Oil slips after restrictions to counter Omicron variant
Source: Reuters
9/12/2021 6:37:27 PM
Wall Street set for higher open as Omicron fears ease LONDON - A rebound in market sentiment continued on Wednesday, with world shares set for their biggest two-day jump since November last year as investors became less concerned about the Omicron variant. World shares plunged at the end of last month when the discovery of a new COVID-19 variant spooked investors. But sentiment has rebounded sharply this week in the absence of indications that the variant would derail the economic recovery. The STOXX 600 had its biggest daily jump since No...
Wall Street set for higher open as Omicron fears ease
Wall Street set for higher open as Omicron fears ease
Source: Reuters
8/12/2021 6:55:07 PM
Bulls back in charge as Omicron worries wane LONDON - Waning Omicron variant worries and a timely booster shot of Chinese stimulus lifted world stock markets and oil on Tuesday, and left traders offloading safe-haven currencies and bonds again. Europe's FTSEurofirst was on track for its first back-to-back run of plus 1% gains since February. Wall Street was poised to rally [.N], while Asia had cheered record bounces by some of China's beaten down tech giants.. [.SS][.EU] The risk-on mood also helped the dollar climb agains...
Bulls back in charge as Omicron worries wane
Bulls back in charge as Omicron worries wane
Source: Reuters
7/12/2021 7:33:36 PM
Oil rebounds to above $76 on speculation Omicron-related drop overdone LONDON  -Oil rebounded by more than 5% on Monday to above $76 a barrel as some investors viewed Friday's slump in oil and financial markets on concern about the Omicron coronavirus variant as overdone. Top officials from the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, which meets this week, echoed that view, with the Saudi energy minister quoted as saying he was not worried about Omicron. The World Health Organisation has said it could take...
Oil rebounds to above $76 on speculation Omicron-related drop overdone
Oil rebounds to above $76 on speculation Omicron-related drop overdone
Source: Reuters
29/11/2021 8:15:58 PM
Investors cling to hope as Omicron spreads, shares rebound LONDON - A semblance of calm returned to world markets on Monday as investors waited for more details to assess the severity of the Omicron coronavirus variant on the world economy, allowing battered stocks and oil prices to rebound. European shares rallied over 1%, U.S. stock futures pointed to a firm Wall Street open, oil prices bounced more than $3 and safe-haven bonds lost ground as markets latched onto hopes the new variant of concern would prove milder than initially feared. News ...
Investors cling to hope as Omicron spreads, shares rebound
Investors cling to hope as Omicron spreads, shares rebound
Source: Reuters
29/11/2021 6:28:23 PM
Oil prices dive to two-month lows on COVID, surplus jitters LONDON -Oil prices dived more than 5% on Friday, hitting a two-month low as a new COVID-19 variant spooked investors and added to concerns that a supply surplus could swell in the first quarter. Oil fell with global equities markets [MKTS/GLOB] on fears the variant could dampen economic growth and fuel demand. Britain and the European states have restricted travel from southern Africa, where the variant was detected. Brent crude fell $4.28, or 5.2%, to $77.94 a barrel by 1329 GMT. ...
Oil prices dive to two-month lows on COVID, surplus jitters
Oil prices dive to two-month lows on COVID, surplus jitters
Source: Reuters
26/11/2021 7:37:16 PM
Virus fears lead to post-Thanksgiving blues for stocks, oil LONDON - U.S. stock index futures pointed to a slide at the post-Thanksgiving Wall Street open and oil hit two-month lows as fears of a possibly vaccine-resistant coronavirus variant sent investors scurrying to safe-haven assets. Scientists say the variant, detected in South Africa, Botswana, Israel and Hong Kong, has an unusual combination of mutations, may be able to evade immune responses and could be more transmissible. Britain said it was the most significant variant to date a...
Virus fears lead to post-Thanksgiving blues for stocks, oil
Virus fears lead to post-Thanksgiving blues for stocks, oil
Source: Reuters
26/11/2021 7:30:14 PM
Automakers say magnesium shortage not a problem, for now BERLIN/LONDON - European automakers reeling from a global chip shortage have in recent days hastened to assure shareholders that shortages of magnesium are not, for now, a risk to their production plans. However, car part suppliers and industry associations warn that if production in China, which accounts for 85% of global magnesium supply, does not pick up pace soon, automakers could be facing significant shortfalls of the material. Car makers do not ordinarily purchase large quantitie...
Automakers say magnesium shortage not a problem, for now
Automakers say magnesium shortage not a problem, for now
Source: Reuters
8/11/2021 3:39:25 PM
Macrotech Developers jumps on selling properties worth Rs 1,100 crore in London Macrotech Developers is currently trading at Rs. 1076.45, up by 17.10 points or 1.61% from its previous closing of Rs. 1059.35 on the BSE. The scrip opened at Rs. 1064.90 and has touched a high and low of Rs. 1099.00 and Rs. 1038.40 respectively. So far 15559 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1152.40 on 23-Sep-2021 and a 52 week low of Rs. 421.15 on 19-Apr-2021. Last one week high and low of the s...
Macrotech Developers jumps on selling properties worth Rs 1,100 crore in London
Macrotech Developers jumps on selling properties worth Rs 1,100 crore in London
Source: Accord Fintech
5/10/2021 12:02:34 PM
Air India launches direct flight from Hyderabad to London Air India's first ever direct flight from Hyderabad to London was launched from the GMR Hyderabad International Airport here on Friday. The national carrier's flight AI 147 took off from the Hyderabad International Airport on Friday morning. Senior officials from the airport, Air India and other stakeholders were present at the terminal on the occasion. Non-stop Air India flights will operate between Hyderabad and the Heathrow Airport twice a week -- Monday and Friday. Air In...
Air India launches direct flight from Hyderabad to London
Air India launches direct flight from Hyderabad to London
Source: IANS
11/09/2021 9:13:43 AM
Observations from The Oval The Oval cricket ground in the south London suburb of Kennington hosted an England versus Australia Test as far back as 1880, which makes it the oldest Test venue in England. Its dignified red brick and sandstone pavilion, now rather camouflaged by hoardings of the stadium's sponsor, KIA Motors, was constructed between 1895 and 1897. Atop the five-storey structure are presently three flagpoles; the middle one taller than the others. On one side flutters the Indian tricolour; on th...
Observations from The Oval
Observations from The Oval
Source: IANS
5/09/2021 9:35:55 AM
World faces shortage of merchant sailors to crew ships -study LONDON - There could be a shortage of merchant sailors to crew commercial ships in five years if action is not taken to boost numbers, raising risks for global supply chains, a report said on Wednesday. The shipping industry is already struggling with crewing shortfalls due to the coronavirus pandemic, a situation that will exacerbate expected labour supply problems over the next few years, according to the study published by trade associations BIMCO and the International Chamber of S...
World faces shortage of merchant sailors to crew ships -study
World faces shortage of merchant sailors to crew ships -study
Source: Reuters
28/07/2021 12:42:43 PM