Author: Lucas

Asset manager PXN Investments has been launched after the Financial Conduct Authority green lit a merger between Par Equity and Praetura Investments to create PXN Group. The firm will specialise in supporting financial advisers with tax efficient and alternative investments. This is set to include business relief qualifying investments, EIS and VCT. Jon Prescott, partner at PXN Investments, said: “In recent years, advisers have had to navigate significant changes in tax policy and regulation, making long-term wealth planning more complex. Recommended VCT limits are a ‘cap on the entire start-up ecosystem’ “We know they’re looking for more than just tax…

It’s taken less than two weeks for a rare euro-denominated preferred stock offering by Michael Saylor’s Bitcoin treasury company to fall below its already-discounted offer price.Strategy Inc. sold €775 million ($898 million) preferred shares at 80 cents on the euro earlier this month. Now, with Bitcoin prices in freefall, the few traders offering prices on the stock are willing to sell at about 78 cents and buy a couple of cents lower, according to two people familiar with the matter, who asked not to be named as the prices were shared privately. Source link

The South Korean shipbuilder confirmed it won a container septet order worth $1.31bnSamsung Heavy Industries has come up with a newly design eco-container ship. The newly developed eco-container ship will allow an additional 8% loading space.Photo: Samsung Heavy Industries Source link

By TOM LAWRENCE, NEWS REPORTER Published: 14:09, 19 November 2025 | Updated: 14:42, 19 November 2025 A man has denied burglary after ‘irreplaceable’ gold jewellery was stolen from a museum in Cardiff.Several Bronze Age items were allegedly stolen from a display case at St Fagans National Museum of History at around 12.30am on October 6.Gavin Burnett, 43, appeared at Northampton Crown Court via video-link from HMP Peterborough on Wednesday.Burnett, from Northampton, pleaded not guilty to burglary.He also denied three other charges including conspiracy to commit burglary, conspiracy to steal a motor vehicle, and making a threat to kill during the…

Shares of Nifty 50 heavyweight Reliance Industries Ltd. (RIL) were trading 1.5% higher on Thursday, November 20. The stock has risen in two out of the last four trading session.Swiss investment bank UBS maintained its ‘Buy’ rating on the stock, with a target price of ₹1,820 per share.In its latest note, the brokerage said that strong refining trends are expected to drive a recovery in Reliance’s oil-to-chemical (O2C) earnings. UBS mentioned that the Singapore benchmark margins are currently not reflecting the actual profitability of diesel-heavy refiners like Reliance.The brokerage also said that Reliance’s diversified crude sourcing strategy helps cushion the…

Home secretary: It’s “often better value for the taxpayer” to give migrants cash to leave UKHome Secretary Shabana Mahmood has said she is willing to consider “a big increase” in payments to failed asylum seekers to persuade them to leave the UK voluntarily.She told the BBC this was often “better value for money for the taxpayer” than the cost of people remaining in the country.Mahmood also defended her plans to start deporting families who have been rejected for asylum, even where this includes children.The proposals are part of a major overhaul of the UK’s asylum system, which was announced in…

By Kang Yoon-seung SEOUL, Nov. 20 (Yonhap) — HD Hyundai, South Korea’s leading shipbuilding group, on Thursday announced a partnership with the Ulsan National Institute of Science & Technology (UNIST) to speed up efforts to apply artificial intelligence (AI) technologies in the shipbuilding industry. Under the agreement involving HD Korea Shipbuilding & Offshore Engineering Co., HD Hyundai Heavy Industries Co. and HD Hyundai Robotics Co., the business group aims to develop a “digital strategic asset” for the shipbuilding and maritime industry, the Ministry of Science and ICT said. During the signing ceremony, HD Hyundai said it plans to accelerate South…

Last Updated:November 20, 2025, 09:27 ISTIndian benchmarks opened higher on Thursday, buoyed by strong global cues after AI giant Nvidia reported quarterly earnings and revenueSensex TodaySensex Today: Indian stock markets opened higher on Thursday, supported by a strong rebound in global tech shares.The BSE Sensex opened around 85,347, gaining 161 points or 0.19 per cent, while the Nifty50 began the session at 26,110, up 58 points or 0.22 per cent.The positive sentiment followed robust quarterly results from artificial intelligence (AI) giant Nvidia, which surpassed Wall Street’s earnings and revenue estimates. As a result, major Asian indices jumped as much as…

Find top HFT trading software options for US advisors and RIAs in this quick comparison guide In today’s financial markets, speed greatly impacts success. Even a millisecond can separate profit from loss. This is where HFT trading software steps in. This software is built to execute thousands of transactions in milliseconds. However, it’s not just about trading faster; it’s also about leveraging automation and data analytics to anticipate and react before others even notice a price shift. For financial advisors and RIAs, understanding how HFT trading software works is essential for staying competitive. The best high-frequency trading software gives companies…

Pakistan’s central bank has ordered foreign exchange dealers to process all foreign currency sales for residents exclusively through account-to-account digital transfers, part of a wider effort to promote a cashless economy and tighten oversight of money flows, according to a Bloomberg report. The State Bank of Pakistan (SBP) issued the directive on Friday (14 November 2025), saying the change is intended to encourage digital payments and strengthen transparency in foreign exchange transactions. The decision comes as authorities work to stabilise the rupee and curb informal and cross-border currency trading. The SBP has already introduced several measures to restrict illegal forex…