Stake sales by promoters, private equity investors 2.2 times of 2022

Stake sales by promoters and private equity/venture capital (PE/VC) investors this year are already exceeding twice those of last year. So far this calendar year, the selling stands at over Rs 87,400 crore, 2.2 times the Rs 39,700 crore worth of shares sold by promoters and PE/VCs in 2022. This year’s tally has received a boost from stake sales by […]

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Mortgage approvals slump to six-month low as interest rates scare off buyers

Mortgage approvals fell to 45,400 in August, “the lowest level in six months” as high mortgage rates caused major affordability challenges for buyers. This is the latest sign that the 14 increases in UK interest rates since December 2021 have hit demand. Net approvals for remortgaging, which capture remortgaging with a different lender, also saw a significant decline from 39,300 to […]

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European Shares Mostly Lower On Worries Over Rates

European stocks fell on Friday and were set for a weekly drop on fears of elevated global interest rates. U.K. markets were seeing modest gains, and the British pound extended a multi-week decline, a day after the Bank of England held rates steady for the first time since November 2021. Eurozone government bond yields slipped after a survey showed that […]

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Asian Shares Recover Losses To End Mixed

Asian stocks ended mixed on Friday as fears persisted about the Fed staying hawkish and the Bank of Japan maintained its ultra-loose monetary policy. While a strengthening dollar and rising Treasury yields spurred risk aversion, Chinese and Hong Kong markets advanced after reports about measures by China to promote the development of its private economy. China’s Shanghai Composite Index rallied […]

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Crown Estate hopes to get kids playing video games during lessons – and it’s a good thing | The Sun

AS technology marches ever forward, schools are looking for ways to incorporate modern technology into the curriculum. We’ve already seen the rise in interactive whiteboards, tablets, and laptops in schools, and it seems that video games could be next. Launching today (September 28), The Crown Estate, the national landowner that manages the seabed, has partnered with Minecraft to create two […]

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