Summary: Vietnam 's Vinfast makes a remarkable stock market debut on Nasdaq , with shares surging over 200%, resulting in a valuation exceeding $85 billion, surpassing industry leaders Ford and General Motors . Founder and chairman of Vinfast gains an impressive $40 billion in a single day, controlling 99% of shares initially; trading volume reaches $185 million. Vinfast 's surge reflects ongoing global excitement about electric vehicle s and raises the prospect of new challengers emerging in the industry, potentially from low-cost East Asian countries like Vietnam . While profitability remains a challenge and produ...

Summary: The UK faces a record high backlog of 175,000 asylum applications , sparking concerns about the government's response. The migrant crisis intensifies as individuals exploit the system, and the cost of addressing the issue reaches £3.97 billion. Debates arise over the allocation of foreign aid funds for domestic crises like the migrant situation. Charities' ethics are scrutinized as allegations of inappropriate financial transactions and questionable behavior emerge. Amid ideological clashes, the focus remains on finding ethical solution...

Summary: FTSE 100 index hits four-week lows around 7,500 points, attributed to underperforming mining companies . Fintech Group plus 500 introduces $60 million share buyback program despite declining revenue and profit . Ugov considers potential listing in the US, leading to a rise in the company's opening performance. Real estate investor Sharps Recapital secures £200 million loan for bond repayment, resulting in early value slide. UK government extends rules allowing takeaway pint sales without a license until March next year. Small caps RC 365 gains exclusive rights to use US-based Unique AI 's AI-driven plat...

Summary: Watches of Switzerland shares are experiencing a significant decline in the London markets following the news of Rolex 's acquisition of Bucherer . The acquisition marks the latest chapter in the century-old relationship between Rolex and Bucherer . Swiss competition regulators are examining the takeover's potential impact on Bucherer 's global supplier relationships . Watches of Switzerland emphasizes that there will be no disruption to Bucherer 's regular business operations due to the acquisition . Despite the historic...

Summary: Housing costs are rising significantly, affecting millions of homeowners on variable or fixed-rate mortgages. The Bank of England's successive rate increases bring short-term stability but pose challenges for those struggling with housing costs. Volatility in the housing market is expected as some homeowners need to sell their properties at reduced prices. Investment in energy-efficient and high-quality housing stock is essential for the long-term stability of the market. ...

Russian Defense Ministry acknowledges retreat north of Bakhmut A Ukrainian tank rumbled toward back-mood on Friday as Kiev claimed its forces had advanced more than a mile around the shattered ruins of the eastern city. Russian forces have fought for months to seize back-mood without success. The Russian Defense Ministry on Friday said that Ukraine had deployed more than 1,000 troops in up to 40 tanks in more than two dozen attempted attacks in the direction of the town of Solodar. The military admitted it was regrouping its forces, suggesting its fighters had fallen back. The leader of a Russian mercenary force gave a different assessment. Evgeny Progoshin, founder of the Wagner paramilitary group, said the Defense Ministry was lying and Russian forces had been routed and forced to flee. Reuters has been unable to verify reports of battlefield movement. Ukraine this week released w...

Summary: Niger experiences a shift from pro-democracy to pro-junta demonstrations after the coup. International condemnation and sanctions follow the coup, urging a return to constitutional governance. Regional organization Iqawas, led by President Bola Tanubu, seeks a collective response against the junta. Counter-terrorism concerns arise due to the presence of Islamist groups linked to ISIS and Al Qaeda in Niger. Mixed signals from Russia highlight divisions in response to the coup, with Wagner's role in the region questioned. ...

The British public have ‘changed their minds’ on migration since Brexit I'm saying Brexit and the 2019 elections were predicated on people's views on migration generally, but particularly legal migration. But we have actually got data that says that, you know, attitudes are changing significantly. Let's take the Ruranda aspect of this, for example, mentioned in your thoughts on that as a policy, because it seems to have two question marks one is practicality is ever actually going to move many people to Rwanda? And secondly, is it going to be palatable to law if we remain in the European Convention on Human Rights? Both of those two questions, I think will come up in the House of Lords. Are they right to push back on Rwanda, do you think? Well, I think it's right for them to challenge the concepts behind the bill, whether they are right to actually challenge the policy...

Summary: The Notting Hill Carnival has its roots in the Windrush generation , which arrived in the UK between 1948 and 1972. It was born out of the need for Caribbean communities in London to unite and combat racism and discrimination. Claudia Jones , a Trinidadian journalist, played a pivotal role in starting the carnival as a means to bring communities together. The street carnival tradition began when musicians like Ross Henderson and Kelso Cochran played music in the streets of Notting Hill. The band 'Genesis' was one of the first to partic...