London
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Citi cuts London investment bankers as drought in deals persists
CITIGROUP is cutting jobs within its investment banking division in London, becoming the latest Wall Street giant to trim headcount as the slump in global dealmaking enters its third year.…
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London ‘Everywoman’ Sculpture To Grace Trafalgar Square
A sculpture depicting modern women in the British capital will stand on the Fourth Plinth of London’s Trafalgar Square from 2026, organisers said Friday. “Lady in Blue”, a bronze patinated…
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Lloyd’s of London insurer Hiscox posts record annual profit, launches new buyback
LLOYD’S of London insurer Hiscox on Tuesday (Mar 5) posted a record annual profit and launched a share buyback as higher interest rates and strength in its commercial business helped…
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Sony cuts 900 jobs in gaming, shuts down London division
SONY Group will lay off 900 people across its video-game division worldwide, or about 8 per cent of its employees, and close a group in London. “After careful consideration and…
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Shein considers London IPO amid US resistance to listing
FAST-FASHION company Shein is considering the possibility of switching its initial public offering (IPO) to London from New York because of hurdles to the listing in the United States, according…
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Ho Bee Land’s H2 net loss of S$102.7 million extends losing streak on hit from London portfolio
REAL estate developer Ho Bee Land reported a net loss of S$102.7 million for the six months ended Dec 31, 2023, reversing a net profit of S$16.4 million in the…
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London Fashion Week Show At British Museum Irks Greece
The Greek Minister of Culture, Lina Mendoni, expressed her anger late on Saturday after a London Fashion week show took place in front of the Parthenon Marbles at the British…
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Family Ties And City Life Stitch Style Into London Fashion Week
Familial nostalgia, cultural roots and the frenetic pace of London life marked the second day of the city’s Fashion Week on Saturday as up-and-coming designers showed off their styles for…
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London Fashion Week Blends Tweed And Y2K Amid Economic Gloom
From tweed to the iconic low-rise jeans of the early 2000s, London Fashion Week unveiled a spectrum of styles on Friday, kicking off its 40th season which has been dimmed…
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Britain’s Hunt wants London Stock Exchange to become Europe’s Nasdaq
BRITISH finance minister Jeremy Hunt said on Thursday he wants the London Stock Exchange to become the Nasdaq of Europe, attracting tech companies to help create “the next Silicon Valley”. Britain is…
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Deutsche Boerse urges swift introduction of EU rules to shift euro clearing from London
DEUTSCHE Boerse chief executive Theodor Weimer said on Thursday (Feb 8) that he had wanted more from newly-agreed European Union rules aimed at shifting euro derivatives clearing from London to…
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‘The Crown’ Props Prove Popular At London Auction
The UK sale of sets, costumes and props from the hit Netflix drama “The Crown” was due to end Thursday after several showpiece items smashed estimates and netted tens of…
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CDL buys private rented sector development in London for £88 million
CITY Developments Ltd (CDL) on Wednesday (Feb 7) said it acquired Yardhouse, its first private rented sector (PRS) property in central London, for £88 million (S$148.6 million). (see amendment note)…
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Mother and Daughters Targeted in Horrific Acid Attack in South London Manhunt Underway for Suspect
A horrifying incident unfolded in Clapham, south London, on Wednesday night as a mother and her two young daughters fell victim to a targeted acid attack, resulting in potentially life-altering…
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Global Insurance Shake-Up: 75% Set For Digital Overhaul By 2025, London Brokers Lead
In a huge industry movement, 75% of insurance organizations around the world are planning to replace their core insurance management platforms by 2025, according to a comprehensive global report commissioned…
