Its founders said on Tuesday that the new exchange, expected to launch in late 2014, will cater to retail and institutional investors who they believe have been short-changed by predatory high-frequency trading practices.
Britain's banks helped bring the USD 2.5 trillion economy to its knees by racking up risky bets that forced the government to bail them out when the financial crisis erupted.
Westwood, who started selling clothes in London in the swinging 60s and now has shops in 15 other countries, said she is assessing her company, its operations and its aims.
Mona Jalota of Knight Frank India suggests slump in market to the good for purchasing overseas property
The pace of the selling nearly everywhere appeared to be slowing, although Asian emerging market equities continued to feel the strain. The dollar was a winner against some of its rivals; however, many managed to claw back some losses.
Shares, currencies and commodities all crumbled as spooked investors rushed to unwind crowded trades in emerging markets. Asian stocks outside Japan suffered their biggest daily loss since late 2011, key lending rates in China reached historic highs and India's currency carved out a record low.
Even though Brazil's growth has slowed, its rich natural and agricultural resources suggest it has brighter prospects than the UK. In manufacturing, Brazil, unlike Britain, makes complete civil aircraft. That is perhaps why its citizens feel less need to look further afield. Sao Paulo talks about Brazil. London talks about the world.
Even though his day job in the Indian Foreign Service has taken his across the world, the 49-year-old author still describes himself as an "Indian India writer."
New findings from a pan-European online survey of 1,000 physicians have demonstrated that for over two thirds of physicians, preventing ischaemic stroke is the most important treatment goal for patients with atrial fibrillation (AF).
In the latest incident, the man sustained non-life threatening stab wounds to his chest and arm, and was subsequently taken to a south London hospital for treatment.
A man and a woman, both 29, were arrested on suspicion of conspiracy to murder in relation to the Woolwich terror murder of the soldier identified as Drummer Lee Rigby, Scotland Yard said.
Property in London is being snapped more quickly than at any time since October 2007 when the market hit its peak before the financial crisis, according to figures from real estate data firm Hometrack.
G8 foreign ministers meet on Wednesday in London, where host Britain will press its case for doing more to help the Syrian opposition against President Bashar al-Assad and end a devastating civil war.
The price of oil fell today as the momentum seen at the end of last week faded. The benchmark oil contract for April delivery slipped by 55 cents to USD 91.40 a barrel in midday trading on the New York Mercantile Exchange.
CNBC-TV18 reports that global supermarket giant Tesco is making preparations to set up shop in the lucrative multi-brand retail segment in India
Four million Londoners cram onto the city's Underground passenger railway nearly every day, but it is a rarer event for Prince Charles. He rode the British capital's bustling commuter network on Wednesday for the first time since 1986.
Visitors to London have marked its hotels as the worst in a list of 100 cities due to overpriced minibars, lousy breakfasts and slow service, according to a survey released on Friday.
London's Heathrow Airport cancelled a fifth of flights on Sunday and airlines scrapped 40 percent of flights to Paris's main airports as snow continued to blanket parts of Europe, with more forecast.
As London marked the 150th anniversary of the world's first underground railway, the builders of 21st century infrastructure had problems on their hands in China. Zoomlion, the country's number two construction equipment maker, suffered an attack in the form of an anonymous letter alleging accounting fraud.
Hundreds of protestors raised slogans and waved placards outside the Indian High Commission in London, demanding justice for the Delhi gang-rape victim.
A lawmaker representing the family of a nurse who apparently took her own life after a prank call to a London hospital treating Prince William's pregnant wife on Wednesday condemned the response of the Australian radio station that made the call.
Infosys today listed its shares at the New York Stock Exchange. The company moved its shares from Nasdaq to NYSE. Speaking to CNBC-TV18 Infy, CEO, Shibulal said the move is part of a wider strategy and also added that Paris and London listing is also in the offing
Tom Cruise has defended his role as Jack Reacher in the first of what could be a new action movie franchise, despite being much slimmer and shorter than the character created by author Lee Child in the original books.
Researchers have found what could be the earliest known dinosaur to walk the Earth lurking in the corridors of London's Natural History Museum.
With its palatial mansions, high-end stores, designer outlets, restaurants, and hotels, London is a Mecca for wealthy Indians. Here, ultra high net-worth individuals can create what one marketer calls' cocoons of luxury, pastures of isolation, the unbranded, branded experience'.