Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "U.K"


25 mentions found


Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumers looking for 'little sweet treats' in uncertain times, Software AG saysNeil Ponting, director for U.K., Ireland & South Africa at Software AG, says discretionary consumer spending is on the rise even in the face of economic uncertainty.
Persons: Neil Ponting Organizations: Consumers, Software AG Locations: Ireland, South Africa
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK finance minister won't announce unfunded spending in October budget: Edison GroupNeil Shah, director of research at Edison Group, comments on the U.K. budget and potential market implications.
Persons: Neil Shah Organizations: Edison, Edison Group
A stock trader looks at his monitors in the trading room of the Frankfurt Stock Exchange. Worries about a new coronavirus mutation in southern Africa have dealt a major blow to the German stock market. LONDON — European stocks are expected to start the new trading week on a positive note, buoyed by gains in Asia overnight and last Friday's rally on Wall Street. European stocks look set to continue the positive sentiment seen at the close of trade last week, with markets getting a boost from the latest U.S. jobs report that exceeded expectations. Nonfarm payrolls data showed the U.S. economy added 254,000 jobs in September, ahead of the 150,000 estimated by economists polled by Dow Jones.
Persons: Germany's DAX, Dow Jones Organizations: Frankfurt Stock Exchange, LONDON, CAC, IG Locations: Africa, Asia, U.S
watch nowRolls-Royce has opened its first U.S. "Private Office," a secret VIP design studio for ultra-wealthy clients who want highly personalized cars. While Rolls-Royce customers have been customizing their rides for decades, the Private Office brings the concept of a personalized Rolls to a whole new level. Courtesy: Rolls-RoyceThe New York Private Office is the company's third worldwide, following Dubai, United Arab Emirates, which opened in 2022, and Shanghai in 2023. Since Koa wood is protected in Hawaii, only dead or naturally fallen Koa trees can be harvested. Interior of the custom Rolls-Royce Koa Phantom.
Persons: Royce, Chris Brownridge, Brownridge Organizations: Royce, Ferrari, BMW, Office, CNBC, Private Office, Royce The New York Private, United Arab Emirates Locations: Meatpacking, British, Dubai, United Arab, Shanghai, Seoul, Korea, Goodwood, U.K, Hawaii
Meta is facing calls from U.K. banks and payment firms like Revolut to financially compensate people who fall for scams on their services. Proposals to make tech firms liableTensions have been running high between banks and tech companies for some time. A key ask has been for the tech firms to share more detailed intelligence on how criminals are abusing their platforms. Social media firms not doing enough to combat and remove attempts to defraud internet users was another complaint from regulatory authorities at the event. Jones added that it was tough to "break the inertia" at tech companies to "really get them to get after it."
Persons: Jaap Arriens, it's, Meta, Woody Malouf, Matt Akroyd, Kate Fitzgerald, Rob Jones, Jones Organizations: Nurphoto, Getty, Systems, PSR, Payments Association, Facebook, NatWest, Metro Bank, Financial Times, Labour Party, CNBC, Stewarts, Social, Economic Crime, U.K, National Crime Agency, Tech, Meta, Intelligence Locations: London
Britain's Prime Minister Keir Starmer speaks at a press conference, during his visit to the European Commission headquarters on October 2, 2024 in Brussels, Belgium. LONDON — British Prime Minister Keir Starmer is seeking to reset his government and recover from a shaky first 100 days in office beset by policy misfires, doom mongering and a "freebie" scandal. "A challenge for the prime minister lies in the fact No. Keir Starmer now needs to show he's got control," he added. Former Finance Minister Jeremy Hunt has denied the claims as "fictitious."
Persons: Keir Starmer, Starmer, Sue Gray, Gray, Morgan McSweeney, Downing, James Lyons, Phillip Blond, thinktank, Tony Travers, Travers, he's, Rachel Reeves, Reeves, Jeremy Hunt Organizations: Britain's, European Commission, LONDON, Labour, CNBC, London School of Economics, Labour Party, Conservative, Treasury, Conservative Party, Former, Citi, KPMG, Employment Locations: Brussels, Belgium, TikTok, Ukraine
“When you’re a regular person and you’re going on to your email job during the day and then every time you take a dopamine break on your phone, you’re getting hit by ‘You’re not fashionable enough. Everyone is overconsuming to keep upWhen shopping for clothes, Martinson is almost exclusively a thrifter. “They’re grasping at straws, just throwing something at the wall to see what sticks.”The new mall is TikTok ShopFast fashion was the first harbinger of the death of personal style, Thomas said. If you’re going to buy a clothing item, think of three outfits you can wear it with. Pre-Industrial Revolution habits of secondhand shopping, mending old clothes and keeping things around are coming back.
Persons: Fiza Faheem, , Faheem, microtrends, XCX’s, They’ve, Instagram, Dejeuné Harris, you’re, ‘ You’re, it’s, Alana Martinson, Dana Thomas, , Luke Meagher, Tamika Smith, Harris, I’m, “ I’m, TikTok, ” Harris, Thomas, ” Thomas, “ We’d, Zara …, ” Martinson, Hope, ” Meagher, they’ve Organizations: University of York, Washington , D.C, YouTube Locations: Washington ,, Zara, , U.S, TikTok
Multi-hyphenate Donald Glover announced on social media on Friday that he would be canceling the remainder of his Childish Gambino tour dates due to a health issue. In a post on X, the musician-writer-actor-director-producer said that after his show in New Orleans he was hospitalized due to an ailment. The news comes a month after Glover shared in a post on X that he needed to postpone the tour to “focus” on his physical health. Glover did not disclose additional information about his specific health concerns in his statement on Friday. Fans were surprised and excited to see Childish Gambino on stage again after Glover announced a new tour in May.
Persons: Donald Glover, Childish Gambino, Glover, Smith, ” “ Bando Stone, Organizations: Amazon Prime Locations: New Orleans, North America, Europe
The widespread use of toothpaste and mouthwashes with added fluoride in recent decades appears to have diminished the known public health benefits of water fluoridation, a new study suggests. Hundreds of U.S. communities, from Amery, Wisconsin, to Union County, North Carolina, are opting out of water fluoridation. Still, she noted, “contemporary studies are showing that water fluoridation is beneficial.”Before fluoride toothpastes were widely available to consumers, adding the mineral to water provided a clear benefit to teeth. Fast-forward to 2024: About 75% of the U.S. population has tap water with added fluoride at recommended levels of 0.7 milligrams per liter of water. “Water fluoridation is still effective at reducing cavities,” he said.
Persons: , , Anne, Marie Glenny, That’s, ” Glenny, Johnny Johnson, Janet Clarkson, Clark Organizations: University of Manchester, U.S . Environmental, Agency, Cochrane, American Dental Association, American Academy of Pediatrics, Centers for Disease Control, Society, University of Dundee Locations: United Kingdom, U.S, Amery , Wisconsin, Union County , North Carolina, California, Australia, Grand Rapids , Michigan, Scotland
"Maybe that weight loss product (by United Laboratories) works, maybe it doesn't. United Laboratories' price-to-earnings of 5.8 times is a fraction of the 34.3 times that Novo Nordisk is trading at, Peche added. [United Laboratories] is making smooth progress in R & D and targets to launch Liraglutide in 2024. Their comments follow United Laboratories' "faster than expected earnings" growth in the first half of the year. Analysts' average price target on United Laboratories is 12.95 Hong Kong dollars, giving it 28.2% potential upside.
Persons: Sean Peche, it's, Peche, there's, that's, Eli Lilly, Amgen, Carol Dou, Sunny Chen, UOB Kay Hian, bode Organizations: Novo Nordisk, Ranmore Fund Management, United Laboratories, Pfizer, AstraZeneca, Global Equity Fund, Hong, Hong Kong bourse, HK Locations: Hong Kong, Novo, Europe, U.S
Liverpool, ENGLAND — British defense officials are vying to secure more funding as Finance Minister Rachel Reeves' upcoming Autumn budget risks exacerbating already beleaguered efforts to boost military investment. Maria Eagle, the U.K.'s minister of defense procurement, joined a chorus of voices that called on the sector to prove that it could be more efficient under the new government, as the Treasury grapples with allocating its stretched finances. Meanwhile, the war in Ukraine has cast a spotlight on deep inefficiencies within Britain's defense sectors, provoking calls for reform. A 72-page House of Lords report published Thursday last week warned of "burdensome bureaucracy" in military recruitment and "cumbersome" procurement processes. Unless "laser-sharp priorities" are set, even 2.5% might not be enough to meet the country's defense needs, it said, adding that the government must acknowledge the essential need for higher defense spending and communicate that to the public.
Persons: Sir Keir Starmer, Rachel Reeves, Maria Eagle, We've, Eagle, Let's, Keir Starmer, Organizations: RAF, Armed Forces, Treasury, Labour Party, NATO Locations: Oxfordshire, Liverpool, ENGLAND, Ukraine
The logo of fast fashion e-commerce company Shein outside its office in Guangzhou in southern China's Guangdong province. Shein is set to hold informal investor meetings in the coming weeks for its planned London initial public offering, three sources with knowledge of the matter said, pushing ahead with preparations as it awaits U.K. regulatory approval. The China-founded online retailer plans to hold informal roadshows mainly across Europe, one of the sources said, during which an IPO-bound company fields large investors' questions and tests their investment appetite. Shein confidentially filed papers with Britain's markets regulator in early June, kicking off the process for a potential London listing by the company later in the year, Reuters reported in June, citing sources. Shein's preparations for a potential London listing marks a shift from its long-running U.S. IPO plan, which has run into obstacles at home and abroad, Reuters has reported.
Persons: Shein confidentially Organizations: Reuters, Financial, Authority Locations: Guangzhou, China's Guangdong province, Shein, China, Europe, Singapore, York
The FBI and Microsoft have seized more than 100 web domains they say Russian intelligence used for cyber-espionage, according to court documents unsealed Thursday. The domains were allegedly staging grounds for Russia’s FSB intelligence agency in its ongoing efforts to spy on targets of interest, ranging from the U.S. Department of Energy to Russian nonprofits and media outlets critical of the Kremlin. The Justice Department seized 41 of the web domains, according to the FBI affidavit, and also granted Microsoft control of 66 additional domains the company said were part of the same operation. Intelligence agencies with even moderate cyber capabilities routinely hack foreign targets to gather intelligence. Many of the web domains allegedly used by the FSB were hosted by Virginia-based company Verisign, the court documents said.
Persons: Hillary Clinton’s, Steven Masada, ” Masada, Natalia Krapiva, Organizations: FBI, Microsoft, U.S . Department of Energy, Kremlin, Justice Department, United, Russia’s Ministry, Foreign Affairs, NBC News, Microsoft’s Digital, Unit, The Locations: States, United States, Russian, U.S, British, Virginia
Andrew Bailey, Governor of the Bank of England, gestures as he addresses the media during a press conference at the Bank of England in London on Aug. 1, 2024. The British pound tumbled more than 1% against the U.S. dollar on Thursday after a The Guardian report that Bank of England Governor Andrew Bailey suggested more positive inflation data could lead the central bank toward a more aggressive approach to interest rate cuts. He also said he was encouraged that cost of living pressures had not been as persistent as previously thought, according to the Guardian. The central bank held its key rate in September, after cutting it by 25 basis points in August to 5%. During the September meeting, the institution expressed concerns about services inflation and the labor market, despite headline inflation hovering near its 2% target.
Persons: Andrew Bailey, Sterling, Bailey, BOE Organizations: Bank of England, U.S, Guardian, U.S . Federal, CNBC Locations: London, British
British financial technology firm Revolut on Thursday criticized Facebook parent company Meta over its approach to tackling fraud, saying the U.S. tech giant should directly compensate people who fall victim to scams via its social media platforms. In a statement, Woody Malouf, Revolut's head of financial crime, said that Meta's plans to tackle financial fraud on its platforms amount to "baby steps, when what the industry really needs is giant leaps forward." "These platforms share no responsibility in reimbursing victims, and so they have no incentive to do anything about it. Britain's Payments System Regulator had previously recommended a £415,000 maximum compensation amount for fraud victims, but backed down following backlash from banks and payment firms. The fintech firm published a report Thursday alleging that 62% of user-reported fraud on its online banking platform originated from Meta, down from 64% last year.
Persons: Revolut, Woody Malouf, Malouf, Meta, Revolut's Malouf, WhatsApp Organizations: Facebook, Meta, NatWest, Metro Bank, CNBC, Regulator, Consumer Security Locations: U.S, Meta
Smoke rises from a building destroyed by an Israeli airstrike as journalists and local residents visit during a press tour on October 2, 2024 in Beirut, Lebanon. LONDON — European stocks are expected to open lower Thursday as conflict in the Middle East weighs on regional investor sentiment. The U.K.'s FTSE index is seen opening 38 points lower at 8,252, Germany's DAX down 67 points at 19,097, France's CAC 40 down 26 at 7,545 and Italy's FTSE MIB 153 points lower at 33,414, according to data from IG. Israel attacked central Beirut early Thursday, killing at least six people, as it pursues Iran-backed armed group Hezbollah. Israeli authorities say there were no casualties as a result of the offensive, and that most of the missiles were intercepted.
Persons: Germany's DAX, Israel Organizations: CAC, IG Locations: Beirut, Lebanon, LONDON, Iran, Israel
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty ImagesA European technology talent brain drain is the biggest risk factor facing Klarna as the Swedish payments company gets closer to its upcoming initial public offering, according to CEO Sebastian Siemiatkowski. "When we looked at the risks of the IPO, which is a number one risk in my opinion? He was referring to company risk factors, which are a common element of IPO prospectus filings. Still, when it does go public, Klarna will be among the first major fintech names to successfully debut on a stock exchange in several years.
Persons: Sebastian Siemiatkowski, Chris Ratcliffe, Siemiatkowski, , Klarna, Compensia, Klarna's, CNBC's, Goldman Sachs, Jack Dorsey's, he's, Siemiakowski, they're Organizations: Bloomberg, Getty, CNBC, Apple, Meta, PNL, Ventures, Google, U.S Locations: London, Europe, U.S, Sweden, Germany, Italy, Britain, Afterpay, American
A pedestrians looks at residential properties displayed for sale in the window of an estate agents' in Windsor, west of London. LONDON — Lower mortgage rates are sparking an uptick in the U.K. housing market, following a surge in the pace of home sales last month, data showed. Shares of U.K. homebuilders Taylor Wimpey and Barratt Developments both rose more than 2.1% following the data release. Some rates for such products have dipped to 3.7%, well below the BoE's 5% key rate. Mortgage approvals rose in August to the highest level in two years in years, the Bank of England said Monday.
Persons: homebuilders Taylor Wimpey, Richard Donnell, Andrew Bailey Organizations: Barratt, Nationwide, Bank of England's, Bank of England, Bank Locations: Windsor, London, LONDON
U.K. financial regulators hit British digital lender Starling Bank with a £29 million ($38.5 million) fine over failings related to its financial crime prevention systems. In a statement on Wednesday, London's Financial Conduct Authority said it had fined Starling "for financial crime failings related to its financial sanctions screening." Starling also repeatedly breached a requirement not to open accounts for high-risk customers, the FCA said. Since then, Starling has reported multiple potential breaches of financial sanctions to relevant authorities, according to the British regulator. The FCA said that Starling has already established programs to remediate the breaches it identified and to enhance its wider financial crime control framework.
Persons: Starling, David Sproul Organizations: Starling, Authority, FCA, Starling Bank Locations: British
Facebook parent company Meta on Wednesday said that it's working with two leading banks in the U.K. on an information-sharing arrangement to help protect consumers from fraud. Meta said that the tech has already been tested with multiple lenders in the U.K. "We will only beat these criminals if we work together and share relevant information related to scams. Meta has long faced calls from banks in the U.K. to do more to stop scammers from running rampant on its platforms, which include Facebook, Instagram, and WhatsApp. Meta already has policies in place banning promotion of financial fraud, such as loan scams and schemes promising high rates of returns.
Persons: Meta, scammers, Nathaniel Gleicher, Gleicher, Goldman Sachs Organizations: Facebook, Meta, Intelligence, Exchange, NatWest, Metro Bank . NatWest, Metro Bank, scammers Locations: British
As investors ponder how — and where — to invest in this uncertain climate, CNBC Pro asked market experts how they are positioning before the year-end. 'Capitalize on the shifting market dynamics' The fourth quarter is starting hot on the heels of central banks' rate easing cycle. "There is an interesting valuation point about U.K. equities, and given recent positive economic surprises that present potential upsides, we feel this is an attractive market." "International investors owning U.K. equities and not hedging the currency, either win on the currency strength gains or win on the equity market." Other markets Beyond the U.K., Hechler-Fayd'herbe sees potential in emerging markets such as Taiwan and South Korea.
Persons: Kevin Teng, Teng, , Europe —, he's, Morgan Stanley, Lombard, Nannette Organizations: Equity, CSI, Treasury, Wrise Private Singapore, CNBC Pro, U.S . Federal Reserve, People's Bank of China, Nvidia, Nasdaq, EMEA, CNBC, Bank of England, International Locations: Asia, East, Europe, Hong Kong, China, U.S, Swiss, Taiwan, South Korea
In this article UBI-FR Follow your favorite stocks CREATE FREE ACCOUNTUbisoft postponed the release of the next title in its popular "Assassin's Creed" game franchise — called "Assassin's Creed Shadows" — by three months to Feb. 14, 2025. The company, which produces the "Assassin's Creed" franchise, said in updated guidance last week that it has postponed the release of the next title in the popular game series — called "Assassin's Creed Shadows" — by three months to Feb. 14, 2025. "The revised targets are mainly a reflection of decisions taken for Assassin's Creed Shadows and the softer than expected launch for Star Wars Outlaws," Ubisoft said. Ubisoft said that its learnings from the Star Wars Outlaws release pushed it to give more time to polish Assassin's Creed Shadows. Yves Guillemot, CEO and co-founder of Ubisoft, speaks at the Ubisoft Forward livestream event in Los Angeles, California, on June 12, 2023.
Persons: John Keeble, , Yves Guillemot, Robyn Beck, AJ, Tencent, George Brown, Daniel Kerven, David W Peat, Ubisoft's, Michael Pachter, Alicia Reese, Kade, James Lockyer, Peel Hunt, Covid, Lockyer Organizations: Ubisoft, Getty, Star Wars, Star, Valve, Games, AFP, AJ Investments, CNBC, Deutsche Bank, Deutsche, JPMorgan, Wedbush Securities, company's Star Wars, Outlaws Locations: Los Angeles , California, France, Montreuil , Paris
London-based online trading platform Freetrade told CNBC Tuesday that it's agreed to buy the U.K. customer book of Stake, an Australian investing app. Freetrade and Stake declined to disclose financial information of the deal, including the value of Stake's U.K. customer book. The company, which also operates in New Zealand, launched its services in the U.K. in 2020. Following the deal, customers of Stake U.K. will be contacted with details about how to move their money and other assets over to Freetrade in "the coming weeks," the companies said. Customers will still be able to use their Stake account until assets and cash are transferred to Freetrade in November.
Persons: it's, Matt Leibowitz, Dan Silver, Jon Abitz Organizations: CNBC, Stake Locations: Freetrade, Sydney, Australia, New Zealand
LONDON — European stocks are expected to kick off October trading in positive territory after ending September on a somber note. The upbeat start to October comes after European stocks closed lower on Monday, with almost all sectors and major bourses in negative territory. Investor focus on Tuesday will be centered on preliminary inflation data from the euro zone for September. Preliminary harmonized German inflation data released on Monday showed the country's consumer price index eased to 1.8% in September, down from 2% in August. Last week, preliminary data showed the harmonized inflation rate in both France and Spain plunged below the ECB's 2% target in September.
Persons: Germany's DAX Organizations: CAC, IG, European Central Bank Locations: France, Spain
Some of the victims of Hurricane Helene are cut off from the outside world. Two local television stations and two FM radio stations are also out of service in North Carolina, the FCC said. Internet providers often have disaster contingency plans, such as keeping backup generators and fuel on hand to keep service going during power outages. Companies that track internet connectivity say much of western North Carolina’s broadband internet speeds are slow and, in some areas, nonexistent. NetBlocks, a U.K. company built to track global internet censorship, said some cities and towns in the area expect severe to full broadband outages.
Persons: Hurricane Helene, Edward Hinson, we’re, , Helene ., Mitchell, Hinson, , Isik Mater, Doug Madory, Dee Davis, Davis Organizations: NBC News, Federal Communications Commission, FCC, Companies, Asheville, Rural Locations: Hurricane, North Carolina, Avery, Yancey, North, U.K, Waynesville, Hendersonvile, Asheville, Kentucky, Tennessee, America
Total: 25