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Experts believe China’s electric cars may “paralyse” Britain remotely.

China's Electric Vehicles Pose Major Security Concerns for the UK Remote Control Threat Raises Alarms Among Experts Chinese Automakers Consider Entering the UK Market, Prompting Security Warnings Experts warn that China's electric cars could be remotely controlled to 'paralyze' the United Kingdom, causing security concerns. Professor Jim Saker, president of the Institute of...

How would FCA Consumer Duty affect customers’ rights?

Financial Institutions to Prioritize Customer Requirements under New Regulations Customers to Benefit from 'Consumer Duty' Regulations Insurers Required to Demonstrate Fair Premium Calculation under New Guidelines Tomorrow's implementation of new regulations should compel financial institutions to improve their standards and prioritize customer requirements. Under the Consumer Duty regulations introduced by the Financial Conduct...

GSK bolstered by herpes virus vaccines and HIV medications

GSK Exceeds Q2 Earnings Projections with Strong Sales of Vaccines and HIV Medications. Anticipated Blockbuster Drug: GSK's RSV Inoculation Nears US Launch. Restoring Investor Confidence: GSK's Progress After Restructuring and Pipeline Concerns. Strong sales of herpes zoster vaccines and HIV medications helped GSK surpass second-quarter earnings projections. The pharmaceutical behemoth has increased its...

Price rises and DBX707 demand boost Aston Martin sales.

Aston Martin's Q2 Results Beat Expectations with Strong Demand: DBX707 SUV and V12 Vantage Roadster Limited Edition Drive Success. 'Valour' Model's Remarkable Success: All 110 Units Sold in Just Two Weeks, Waiting List Grows. Positive Outlook: Aston Martin on Track to Meet Medium-Term Financial Objectives, Eyes Electrification with New Partnerships. Aston Martin's...

Just Eat becomes profitable despite a decline in orders.

Just Eat Takeaway.com Turns Profit in First Half Despite Decline in Order Volume Cost-Cutting Initiatives Compensate for Decrease in Gross Transaction Value CFO Brent Wissink to Step Down in 2019, UK and Ireland Segment Shows Encouraging Growth Just Eat Takeaway.com turned a profit in the first half as cost-cutting initiatives compensated for...

What funds offer robots, AI, electric vehicles, and Net Zero exposure?

Rise of Thematic Investing: Profiting from Global Megatrends Limitations of Thematic Investing: Predicting the Unpredictable Dominant Megatrends Shaping the Future: Aging Populations and Transition to a Low-Carbon Economy Thematic investing has been around for a while, but funds that profit from "global megatrends" have become more popular. Thematic investment targets disruptions like artificial...

Cannabis industry buzzing as patient numbers rise after slow start

Resurgence of the London Stock Exchange's medical cannabis market London-listed medical cannabis companies and their market segments The growing presence of CBD in the UK wellness and lifestyle goods markets Two years ago, the London stock exchange was enthralled by medical cannabis, with companies vying for a public listing. After the initial euphoria,...

Over half of divorced spouses worry about their retirement finances.

Divorced couples face financial challenges in retirement, including limited grocery budgets The importance of including pensions in divorce settlements for a secure retirement Changing divorce laws and the financial implications for couples Even though divorce is difficult, more than half of divorced couples worry about paying for needed groceries in old life. 59%...

Wind power batteries can boost funds – Invinity Energy Systems help UK’s fossil fuel-free future.

Wind energy's reliability challenge and its impact on the UK grid The potential of vanadium flow batteries to address energy storage issues Invinity's growth prospects and partnership with Siemens in the battery market Wind power now provides nearly a third of the United Kingdom's electricity, surpassing all other sources, including petroleum. Costs...

What is universal basic income and should everyone get “free cash”?

A smattering of English households will receive monthly payments of £1,600 from the government for doing nothing if a trial of universal basic income is implemented. Universal basic income is the notion that giving all citizens the same quantity of money would reduce poverty and reduce the cost to taxpayers...

“Double access” savings accounts with two annual withdrawals now pay up to 4%.

By choosing a little-known 'double access' account, savers can now earn up to 4 percent in interest. As long as you make no more than one or two withdrawals per year, these types of savings accounts pay a fixed interest rate. It means you can access your savings while still earning...

Travel insurance “price out” the old and sick and don’t refer them to specialized providers

New data shows millions of vacationers being priced out of travel insurance owing to medical issues or age. Despite the Financial Conduct Authority introducing rules in 2021 to assist those who fall into these categories, Which? reports that these groups are not being properly directed to specialist insurance brokers. Today, insurance...

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Benny Gantz threatens resignation over Gaza plan

The resignation of Mr. Gantz would further increase the dependence of Mr. Netanyahu on far-right allies who have adopted an inflexible stance regarding ceasefire negotiations and the liberation of hostages. A constituent of Israel's three-person war cabinet has issued a resignation threat if the government fails to implement an alternative strategy for the Gaza conflict.

Russian court seizes two European banks’ assets despite Western sanctions

According to court documents, Deutsche Bank and Commerzbank's assets, accounts, properties, and shares in Russia have been seized at the behest of a Russian court in connection with a lawsuit involving the German banks. The banks are guarantor lenders under a contract with the German firm Linde to construct a gas processing facility in Russia. Western sanctions precipitated the project's termination.

Afghan flash flooding claim at least fifty lives

Officials report that at least fifty persons have perished in flash floods in central Afghanistan that were triggered by heavy rainfall. Several others, according to authorities in the province of Ghor, are missing after fleeing to higher ground for protection mere minutes before the floodwaters struck. Additionally, the inundation reportedly caused the demise of thousands of cattle, the destruction of approximately 2,000 dwellings, and extensive damage to many more.

Revolut employees profit from $500m share sale

Revolut, the most valuable fintech company in the United Kingdom, has arranged for Morgan Stanley to facilitate the sale of shares valued at up to £400 million. The highest-ranking fintech company in the United Kingdom, Revolut, is currently formulating strategies to permit its employees to profit from the transfer of stock worth hundreds of millions of pounds.