Jackett spent whole playing career with Watford He managed seven clubs including Millwall and Wolves The former Watford and Wales player Kenny Jackett, who managed clubs including Millwall and Wolves, has died at the age of 64. Jackett won 31 Wales caps during a playing career spent entirely with Watford before starting his managerial career with Watford in 1996. He took charge of more than 900 ga...
Jackett spent whole playing career with Watford He managed seven clubs including Millwall and Wolves The former Watford and Wales player Kenny Jackett, who managed clubs including Millwall and Wolves, has died at the age of 64. Jackett won 31 Wales caps during a playing career spent entirely with Watford before starting his managerial career with Watford in 1996. He took charge of more than 900 games across spells with seven clubs, most recently Leyton Orient but also including Portsmouth, Portsmouth and Swansea. Continue reading...
(RTTNews) - The French stock market's benchmark index CAC 40 jumped more than 2.3% Friday morning with investors going on a buying spree amid rising hopes of a U.S.-Iran peace deal following U.S. President Donald Trump calling off previously planned attacks on Iran. Oil's sharp d
(RTTNews) - The French stock market's benchmark index CAC 40 jumped more than 2.3% Friday morning with investors going on a buying spree amid rising hopes of a U.S.-Iran peace deal following U.S. President Donald Trump calling off previously planned attacks on Iran. Oil's sharp d
Retail investors in the UK snapped up just $364.5 million worth of SpaceX shares, a small slice of the world’s largest-ever initial public offering . About 2.7 million shares were allocated to individual investors in a UK retail offering, representing about 0.49% of the conglomerate’s $75 billion IPO, according to a regulatory filing Friday. About 61% of the investors that took part in the British...
Retail investors in the UK snapped up just $364.5 million worth of SpaceX shares, a small slice of the world’s largest-ever initial public offering . About 2.7 million shares were allocated to individual investors in a UK retail offering, representing about 0.49% of the conglomerate’s $75 billion IPO, according to a regulatory filing Friday. About 61% of the investors that took part in the British offer received their full requested allocations, with orders above $2,700 being scaled back. The local offer was managed by Winterflood Securities Ltd. and carried out through a number of brokerage platforms including Hargreaves Lansdown Ltd. , AJ Bell Plc and Revolut Ltd . The amount raised from UK investors pales in comparison to the $2.2 billion raised from mom and pop investors in Japan . SpaceX had set aside as much as $7.5 billion for investors in continental Europe. Overall, the offering drew more than $100 billion in orders from individual investors across the world, people familiar with the matter told Bloomberg.
A startup founded by a former banker has launched one of India’s first homegrown video AI platforms, wading into an arena dominated by US and Chinese services. Bangalore-headquartered Avataar AI trotted out the open-weight Varya model this week, touting its affordability. The model can produce video at roughly 0.48 rupees ($0.005) per second by compressing the steps in video generation from 50 to ...
A startup founded by a former banker has launched one of India’s first homegrown video AI platforms, wading into an arena dominated by US and Chinese services. Bangalore-headquartered Avataar AI trotted out the open-weight Varya model this week, touting its affordability. The model can produce video at roughly 0.48 rupees ($0.005) per second by compressing the steps in video generation from 50 to just four, the startup said in a statement. Avataar is targeting a market of more than 1.4 billion people where cost competitiveness is key, and rapid adoption may matter more than performance — at least initially. Its launch follows $55 million of funding from investors like Peak XV Partners and Tiger Global . Founder Sravanth Aluru is an alum of IIT Mumbai and Microsoft Corp. and was an investment banker at Deutsche Bank AG . “We are 27x cheaper than comparable open source AI video models,” Aluru said in a phone interview. Rather than retrofitting a generalized AI model for Indian audiences, Varya aims to render video true to the country’s clothing, food, festivals, homes and everyday settings. It’s an attempt to address what executives have long described as a failing in global models trained primarily on Western datasets. Read More: Modi’s High-Stakes Push for Sovereign AI Faces Reality Check Video AI is a field in which US and Chinese players are racing ahead. Chinese video models like Kuaishou Technology ’s Kling, ByteDance Ltd. ’s Seedance and Alibaba Group Holding Ltd.’ s Wan are pushing the frontiers of video quality, motion realism and audio generation. Varya’s debut isn’t meant to compete with those head-on. Rather, it will focus on building a lean, more accessible model that can then be deployed at scale by businesses, public services and education and health-care companies. It developed its model with support from the IndiaAI Mission, backed by the government. Varya, as well as foundational AI models like ones launched by fellow AI developers Sarvam and BharatG...
Updates from the latest round of Championship matches Mail Tanya or comment BTL | Sign up for the Spin Those who would like to watch the service at Winchester Cathedral in memory of Smith, forever square cutting fast bowlers with joy and abandon, and who died aged 62 in December, can join the link here at 2pm. And an early email lands from Tim Maitland. Continue reading...
Updates from the latest round of Championship matches Mail Tanya or comment BTL | Sign up for the Spin Those who would like to watch the service at Winchester Cathedral in memory of Smith, forever square cutting fast bowlers with joy and abandon, and who died aged 62 in December, can join the link here at 2pm. And an early email lands from Tim Maitland. Continue reading...
Deutsche Kreditbank AG , one of Germany’s largest lenders to sustainability projects, is planning its debut transaction in the fast-growing market for significant risk transfers. DKB is discussing with investors a potential SRT deal tied to a portfolio of about €2 billion ($2.3 billion) of renewable power financing in Germany, a representative for the Berlin-based bank said. The transaction is bei...
Deutsche Kreditbank AG , one of Germany’s largest lenders to sustainability projects, is planning its debut transaction in the fast-growing market for significant risk transfers. DKB is discussing with investors a potential SRT deal tied to a portfolio of about €2 billion ($2.3 billion) of renewable power financing in Germany, a representative for the Berlin-based bank said. The transaction is being arranged by Deutsche Bank AG , according to people familiar with the matter, who asked not to be identified. Banks are selling SRTs at a rapid pace as hedge funds, pension managers, private credit firms and other investors deploy increasing amounts of capital in the market, lured by returns that frequently exceed 10%. Lenders use the deals as a way of insuring loans against default, typically obtaining protection for between 5% and 15% of the value of the portfolio. DKB plans to sell junior and mezzanine portions of the underlying financing in what would be its first SRT, the representative said. It had total financed renewable energy assets of about €20 billion at the end of last year, according to its annual report. The bank’s parent, BayernLB , agreed an SRT deal in 2022 with Chorus Capital and M&G Plc on a portfolio of €1 billion of corporate loans. As of the end of 2025, banks had used SRTs to offload credit risk tied to more than €905 billion ($1 trillion) in loans, up 26% from a year earlier, according to a survey by the International Association of Credit Portfolio Managers released last week. Deutsche Bank is a regular issuer of SRTs. It also advises other lenders seeking to use the instruments as a way of managing their regulatory capital or risk ratios. A representative for Deutsche Bank declined to comment. Raiffeisen Bank International , Societe Generale SA and Lloyds Banking Group Plc are among lenders which have recently completed or discussed transactions with SRT investors, Bloomberg has reported .
The Bradford painter whose sun-kissed visions of California broke world records at auction, has died David Hockney, the iconic British painter who cast a revolutionary gaze across 20th-century art, has died aged 88. He made his name as a pop artist during the swinging 60s and was perhaps best known for his paintings of swimming pools that helped define the Los Angeles aesthetic. Works such as A Bi...
The Bradford painter whose sun-kissed visions of California broke world records at auction, has died David Hockney, the iconic British painter who cast a revolutionary gaze across 20th-century art, has died aged 88. He made his name as a pop artist during the swinging 60s and was perhaps best known for his paintings of swimming pools that helped define the Los Angeles aesthetic. Works such as A Bigger Splash and Portrait of an Artist (Pool With Two Figures) depicted hedonistic scenes of love, lust and loss taking place below the city’s sun-soaked skies. But Hockney’s six-decade career cannot be defined by a single era. He produced perspective-shifting portraits using photo-collage, experimented with abstract landscape painting and, in later life, investigated the possibilities of creating artworks out of emerging 3D technology. Born in Bradford in 1937, Hockney was the fourth of five children in what he described as a “radical working-class family”. His parents encouraged their son’s early artistic promise. He studied art at Bradford College and sold his first painting – a portrait of his father – for £10 at the Yorkshire Artists Exhibition in 1957. As a conscientious objector, he completed his two years of national service as a hospital orderly before enrolling at London’s Royal College of Art in 1959. He swiftly gained a reputation as a unique talent, albeit one with a rebellious streak. His refusal to paint a life drawing of a female model almost stopped him from graduating – pointedly, he submitted Life Drawing for a Diploma, which depicted a muscular male figure from an American physique magazine. Hockney also declined to write an essay required for the final examination, believing he should be assessed solely on his artworks. The RCA, aware of the talent they were fostering, bent their rules so they could award him the diploma. Continue reading...