London is passé! Luanda is the costliest city in the world

Last Updated: Wednesday, August 26, 2015, 16:39

According to Mercer's annual Cost of Living survey, with a pair of jeans costing in excess of USD 240 and a basic fast-food meal at USD 18.95, Luanda in Angola is the costliest city in the world.

Amazon launches one-hour delivery service in London

Last Updated: Tuesday, June 30, 2015, 19:08

Amazon Prime members can have orders worth 20 pounds ($31.43) or more delivered in one hour for a fee of 6.99 pounds, the company said on its UK website on Tuesday.

Indian Hotels delists GDRs from London Stock Exchange

Last Updated: Tuesday, June 30, 2015, 16:51

Consequently, the company has also issued a notice to Citibank N.A for termination of the existing depository agreements of the GDRs, it added.

Rajan did not imply world facing new Great Depression: RBI

Last Updated: Sunday, June 28, 2015, 18:40

"We need rules of the game in order to effect a better solution. I think it is time to start debating what should the global rules of the game be on what is allowed in terms of central bank action," he said.

London considers tie-up with Shanghai bourse: report

Last Updated: Friday, June 19, 2015, 17:51

It added that he said such a tie-up would add more complexity to the British bourse's operations, adding it was in talks with regulators, clients, and assets firms to ensure any connection could meet relevant regulatory requirements and conditions.

Major funds draw up plans to leave London if Britain quits EU

Last Updated: Sunday, June 14, 2015, 08:25

Prime Minister David Cameron`s Conservatives won an unexpected majority in polls last month and are now seeking to renegotiate Britain`s relationship with the 28-member bloc ahead of a plebiscite.

Greece insolvency risk increasing daily: Bundesbank chief

Last Updated: Thursday, June 11, 2015, 15:21

"There is a strong determination to help Greece ... But time is running out, and the risk of insolvency is increasing by the day," Bundesbank chief Jens Weidmann told a London investment seminar as Greece and its European partners intensify efforts for a bailout deal to prevent Athens from defaulting.

London beats Bangkok, Paris to claim world's 'most popular city' title

Last Updated: Thursday, June 4, 2015, 12:42

British capital London is the most popular city in the world, according to MasterCard`s annual global tourism study. London is expected to welcome a massive 18.82 million visitors in 2015, reports The Independent.

Sahara Group says not bidding for Grosvenor House hotel

Last Updated: Thursday, May 28, 2015, 21:47

With its prized property, Grosvenor House, put on sale by lender Bank of China for a loan 'default', crisis-hit Sahara group Thursday said it is not participating in any re-auctioning of the London hotel.

Indian Hotels to delist GDRs from London Stock Exchange

Last Updated: Thursday, May 21, 2015, 21:26

Tata Group's hospitality arm Indian Hotels Co Ltd, which runs a chain of luxury hotels and resorts under the Taj brand, plans to delist its Global Depository Receipts (GDRs) from London Stock Exchange, two decades after it started trading on the bourse.

London stock market surges on election results

Last Updated: Friday, May 8, 2015, 13:17

The benchmark FTSE 100 index rallied 2.0% in initial deals to 7,024.37 points.

Standard Chartered bank says London HQ under review

Last Updated: Wednesday, May 6, 2015, 21:57

Standard Chartered said Wednesday its London headquarters remained under review as the Asia-focused bank mulls Britain`s increased regulation and taxation on the eve of a general election.