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Lakshmi Mittal Quits UK for Switzerland and Dubai: Naïa Island, Labour’s Tax Shock and the New Billionaire Flight

Lakshmi Mittal Quits UK for Switzerland and Dubai: Naïa Island, Labour’s Tax Shock and the New Billionaire Flight

London/Dubai – 24 November 2025 — Lakshmi N Mittal, the Indian‑origin “King of Steel” and for years one of Britain’s richest residents, has now formally joined the growing billionaire exodus from the UK. After nearly three decades in London, Mittal has shifted his tax residence to Switzerland and is expected to spend much of his time in Dubai, where he already owns a mansion and has bought plots on the ultra‑exclusive Naïa Island, according to multiple media reports citing advisers and sources close to the family. The Times His move, widely reported today across UK, Indian and Gulf outlets, comes
24 November 2025
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Reeves Faces Budget Showdown: CBI Warning, OBR Downgrade and Nuclear ‘Reset’ Shape High‑Stakes Week for UK Economy

Reeves Faces Budget Showdown: CBI Warning, OBR Downgrade and Nuclear ‘Reset’ Shape High‑Stakes Week for UK Economy

As Rachel Reeves prepares the 2025 UK budget, business leaders warn against “death by a thousand taxes”, the OBR readies lower growth forecasts, nuclear regulation faces a radical reset, and AI-fuelled productivity gains offer a rare bright spot. Budget week opens with business backlash With the 2025 UK budget due on Wednesday 26 November, Rachel Reeves is walking into one of the most politically charged weeks of her Chancellorship. At the Confederation of British Industry (CBI) annual conference today (24 November), CBI chief executive Rain Newton‑Smith is set to accuse Reeves of shutting business out of key decisions on energy
24 November 2025
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Sacramento Crashes at Franklin Blvd and Fruitridge Rd, Viral $87K Settlement Story Put Spotlight on Insurance Tactics (24 Nov 2025)

Sacramento Crashes at Franklin Blvd and Fruitridge Rd, Viral $87K Settlement Story Put Spotlight on Insurance Tactics (24 Nov 2025)

Two serious recent crashes in South Sacramento — one at Fruitridge Road and Franklin Boulevard and another on Franklin Boulevard near Turnbridge Drive — are drawing renewed attention to a corridor already known for heavy traffic and safety concerns. At the same time, a viral story about a California lawyer turning a $3,000 car‑insurance offer into an $87,000 settlement is reshaping how many drivers think about post‑crash negotiations. SSBCrack News+2sacramentoinjuryattorneysblog.com+2 As of 24 November 2025, here’s what we know, how the investigations are unfolding, and what these cases reveal about insurance tactics and road safety in Sacramento and beyond. Key
24 November 2025
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Emirates Bets $41 Billion on Boeing 777X as Boeing Builds 26 Jets Before Certification – What It Means for the 777-9, 777-10 and Dubai Airshow 2025

Emirates Bets $41 Billion on Boeing 777X as Boeing Builds 26 Jets Before Certification – What It Means for the 777-9, 777-10 and Dubai Airshow 2025

Emirates closes Dubai Airshow 2025 with a record widebody bet Emirates has effectively turned Dubai Airshow 2025 into a vote of confidence in Boeing’s most delayed jet – and a pointed reminder that patience is not infinite. Over the past week the Dubai flag carrier has: Together, the two transactions push Emirates’ backlog to 375 widebody jets scheduled through 2038, cementing its status as the world’s largest international airline and the single most important customer for Boeing’s 777X programme. Business Traveller+1 In an analysis published today, Business Traveller notes that Emirates’ $41 billion spree amounts to both a lifeline and
24 November 2025
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Mortgage Rates Today, November 24, 2025: 30‑Year Fixed Hovers Near 6.3% as Redfin Flags a Coming Pivot

Mortgage Rates Today, November 24, 2025: 30‑Year Fixed Hovers Near 6.3% as Redfin Flags a Coming Pivot

Where mortgage rates stand on November 24, 2025 Several major trackers updated their numbers this morning, and while methodologies differ, the story is consistent: mortgage rates are lower than earlier this year but stuck near the low‑6% range. National snapshot: purchase loans How today compares with last week Freddie Mac’s long‑running Primary Mortgage Market Survey shows the average 30‑year fixed rate at 6.26% for the week ending November 20, up only 0.02 percentage points from the prior week and just 0.09 points from late October. FRED+1 Realtor.com’s latest “Mortgage Interest Rates Today” update, published on November 20, highlighted the same
24 November 2025
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Global Markets Today: Stocks Rebound on Fed Cut Bets as Yen Slides and Oil Dips on Ukraine Peace Hopes (Nov. 24, 2025)

Global Markets Today: Stocks Rebound on Fed Cut Bets as Yen Slides and Oil Dips on Ukraine Peace Hopes (Nov. 24, 2025)

Global stocks started the week on firmer footing on Monday, 24 November 2025, as investors bet the Federal Reserve will cut interest rates in December, even while a record U.S. data blackout and fragile geopolitics keep nerves on edge. Reuters+1 Global stocks climb as traders price in a December Fed cut Global equities kicked off the new week higher, extending a late Friday rebound on Wall Street that followed days of heavy selling in U.S. tech and other growth names. The catalyst: traders now see roughly a 60% chance that the Federal Reserve will cut rates by 25 basis points
24 November 2025
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 24.11.2025

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24 November 2025
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Bank Australia Completes Australian Unity Bank Acquisition as $5bn Regional Merger Reshapes Customer‑Owned Banking

Bank Australia Completes Australian Unity Bank Acquisition as $5bn Regional Merger Reshapes Customer‑Owned Banking

Australia’s customer‑owned banking sector took two big steps forward on 24 November 2025, as Bank Australia completed its acquisition of Australian Unity Bank’s operations and members of Summerland Bank and Regional Australia Bank formally backed a merger that will create a $5 billion regional mutual. Mortgage Professional+1 These moves cap a year of intense consolidation among mutuals and cement Bank Australia’s position at the centre of a rapidly reshaping cooperative banking landscape. bankingday.com+1 Bank Australia seals Australian Unity Bank deal Bank Australia has now formally taken over Australian Unity’s banking business, completing a transaction first announced in November 2024 and timed to go live on Monday 24 November
24 November 2025
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Royal Caribbean Stock Today (RCL): Price, Outlook and Key Catalysts on November 24, 2025

Royal Caribbean Stock Today (RCL): Price, Outlook and Key Catalysts on November 24, 2025

Royal Caribbean Group (NYSE: RCL) heads into the new trading week after a sharp post‑earnings pullback, strong 2025 guidance, and big long‑term growth bets on new ships and private destinations. Here’s what investors need to know about Royal Caribbean stock today, November 24, 2025. Royal Caribbean stock price today: where RCL stands As of the last regular session on Friday, November 21, 2025, Royal Caribbean Group (RCL) closed at $264.09. That was a gain of roughly 4.5% on the day, with shares trading between $254.16 and $267.57 during the session. Yahoo Finance Over the past year, the stock has traded
24 November 2025
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BHP Walks Away from Anglo American Takeover After Fresh Bid, as ASX 200 Rallies on Qube Deal and Fed Rate-Cut Hopes

BHP Walks Away from Anglo American Takeover After Fresh Bid, as ASX 200 Rallies on Qube Deal and Fed Rate-Cut Hopes

24 November 2025 – Market wrap and takeover watch Key points BHP’s renewed Anglo American bid – and its rapid retreat Over the weekend, reports from Bloomberg, the Financial Times and others revealed that BHP had rekindled takeover talks with Anglo American, less than 18 months after walking away from an earlier, highly contentious bid.Financial Times+2MINING.COM+2 According to those reports, BHP’s latest overture to Anglo was made in recent days and structured more simply than its 2024 proposal, which had sought a break‑up of Anglo’s South African assets.MINING.COM+1 The aim this time: to disrupt Anglo’s planned all‑share merger with Canadian miner Teck Resources, a tie‑up that would
24 November 2025
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Macquarie Asset Management Launches $11.6 Billion Takeover Bid for Qube Holdings (ASX:QUB)

Macquarie Asset Management Launches $11.6 Billion Takeover Bid for Qube Holdings (ASX:QUB)

Sydney — November 24, 2025 — Macquarie Asset Management has lobbed a conditional A$11.6 billion bid for Qube Holdings, in a move that could reshape Australia’s ports and logistics landscape and add another marquee asset to Macquarie Group’s vast infrastructure portfolio.Qube Holdings+1 Qube, Australia’s largest integrated provider of import and export logistics services, confirmed it has signed a process and exclusivity deed with Macquarie Asset Management (MAM) after receiving a non‑binding proposal to acquire all its shares at A$5.20 in cash per share via a scheme of arrangement.Qube Holdings+1 The offer implies an enterprise value of about A$11.6 billion (US$7.5 billion) and follows an
24 November 2025
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Recursion Pharmaceuticals (RXRX) Stock Today: ‘Hold’ Rating, New Institutional Buying and AI Drug Discovery Hype — November 23, 2025

Recursion Pharmaceuticals (RXRX) Stock Today: ‘Hold’ Rating, New Institutional Buying and AI Drug Discovery Hype — November 23, 2025

Snapshot: Where RXRX Stands Going Into the New Week Recursion Pharmaceuticals Inc. (NASDAQ: RXRX) closed Friday, November 21, 2025, at $4.17, up 8.31% on the day after bouncing off the low‑$3 range earlier in the week. Volume was heavy at roughly 33 million shares, and the stock now trades near the bottom of its 52‑week range of $3.79–$12.36.StockInvest+1 The company’s market capitalization sits a little above $2.1 billion, and technically RXRX remains below both its 50‑day and 200‑day moving averages (around $5.2 and $5.1 respectively), underscoring how deep the recent pullback has been despite Friday’s sharp bounce.MarketBeat Because U.S. markets
24 November 2025
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Stock Market Today

SGX share price dips at week’s end after record profit; what investors watch next

SGX share price dips at week’s end after record profit; what investors watch next

7 February 2026
Singapore Exchange shares closed 0.4% lower at S$17.57 on Friday, despite reporting record half-year results and a higher dividend earlier in the week. Broker targets diverged after the update, with Maybank and DBS raising targets while Citi stayed bearish. Investors are watching for signs of momentum from derivatives and equity-market reforms as the next session opens Monday.
South32 share price drops 4% in ASX rout — what investors watch before results

South32 share price drops 4% in ASX rout — what investors watch before results

7 February 2026
South32 shares fell 4.1% to A$4.41 Friday as Australian miners dropped in the worst ASX session since April 2025. The S&P/ASX 200 lost 2%, erasing almost A$70 billion in value. South32’s half-year results and interim dividend decision are set for Feb. 12. Markets reopen Monday with investors watching for further volatility.
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