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Evening Standard
Standard Chartered rocked by $100 billion terror group money laundering allegations
FTSE 100 bank Standard Chartered was rocked today by fresh whistleblower allegations that it was involved in transactions worth $100 billion, which financed some of the world’s most notorious terrorist groups.The claims were made in US court papers and relate to thousands of transactions between 2008 and 2013 and allege that sanctions against Iran were …
Business
Evening Standard
Foreign takeovers of UK firms hit four-year low in early 2024
British firms saw a sharp decrease in takeover deals by foreign companies in the last quarter, the Office for National Statistics (ONS) said.The total value of inward merger deals, where overseas businesses buy British firms, declined 39% to £6.1 billion in the three months to March 31, the lowest figure since 2020.Just 144 UK firms …
Business
Evening Standard
Private equity behemoth Blackstone and property investor Regis to buy £570m of affordable homes in Vistry deal
Private equity giant Blackstone and property investor Regis Group teamed up today to buy 1,750 homes from affordable housebuilder Vistry in a £580 million deal.The homes will be spread across 36 developments, mostly in the south east of England. They will be managed by Regis’ Blackstone-backed Leaf Living arm, with the first sales taking place by …
Business
Sky News
How much are student loans, when do you start paying back and what is the interest?
Basically, student finance is a government-financed loan that covers university students’ tuition fees and living costs for the duration of their study. There are two main types of loan, tuition and maintenance – we’ll take each in turn. Tuition fees Undergraduate courses in England generally cost students about £9,250 a year.That’s a lot for a …
Business
Euro News
ECB expected to cut interest rates this week: What you need to know
Business
Sky News
GameStop stock resurgent as influencer Roaring Kitty places big bet
The stock market influencer behind the so-called meme stock frenzy of 2021 has triggered a fresh surge in shares of GameStop, the struggling US videogame retailer.Keith Gill, who goes by the name Roaring Kitty online, revealed a $116m (£90.8m) position in GameStop on Sunday. Gill told his followers he controlled 1.8% of GameStop’s available stock …
Business
Euro News
Green light for Orange clients with free switch to 5G for Paris 2024
Business
Sky News
Threat to energy bills ahead as gas costs hit highest level since December
Wholesale costs for natural gas have hit their highest levels across Europe since December last year after key Norwegian export operations were shut down due to a cracked pipe.The damage, discovered aboard the Sleipner Riser platform, prompted wider energy infrastructure to be halted including the Nyhamna processing plant which exports gas to the UK, pipeline …
Business
Sky News
Threat to energy bills ahead from gas price surge but oil costs plunge
Wholesale costs for natural gas have hit their highest levels across Europe since December last year threatening a future spike in energy bills, but drivers could soon get further fuel relief through an oil price plunge.Brent crude fell by more than 3% on Monday – to just below $78 a barrel at one stage – …
Business
Euro News
Shein set to file £50 billion London IPO prospectus
Business
Sky News
Virgin Atlantic announces it will resume flights to Israel
Virgin Atlantic has announced it will resume flights between London Heathrow and Israel after it suspended them after the beginning of the conflict with Hamas.From 5 September it will operate a daily flight in each direction. Many carriers suspended flights to Israel in October last year after Hamas militants rampaged across the border with Gaza, …
Business
Euro News
Plan for luxury midnight trains from France to major cities hits the buffers

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