Having run investment fund Franklin UK Equity Income for the past 25 years, manager Colin Morton has experienced every possible twist and turn that a stock market can make.

Not even the somewhat conservative portfolio underpinning investment trust North American Income has protected shareholders from the sharp market correction.

Foundations set up by eBay creator Pierre Omidyar and left-wing investor George Soros (pictured) have also given six-figure sums to London-based Full Fact along with thousands of individuals.

EXCLUSIVE: Jordan Henderson is leading another drive to raise cash for the NHS. He is involved in a proposed joint initiative between eBay and the new Players Together campaign.

Peer-to-peer lender Funding Circle beat its revenue targets for 2018 by 5%, but saw the percentage of loans last year it expected to default rise to between 3 and 3.8% it announced

An app-based card provider which allowed users to pay with gold has been rescued from administration, having fought off a hostile takeover bid from one of its own creditors.

Virgin Money is refunding loyal customers hit by interest charges after they unwittingly only made minimum payments on their new Virgin Atlantic credit cards.

A long-standing Virgin credit cardholder has accused Virgin Money of 'purposely misleading people for financial gain' after it refused to refund interest charges he incurred on his account.

Banks and credit card providers may levy fees on refunds as well as purchases, meaning a double whammy of charges on trips hit by coronavirus.

I don't have a Vanguard account, but if someone said they wanted an easy and cheap way to build their wealth, opening one and picking a Lifestrategy fund would be near the top of my list of things to try.

What is galling for me and many of my fellow Britons due to fly, is quite how awkward airlines are being in allowing us to get our money back.

At present you can claim back the value of one month's membership. How much this is will be depends on your package. The sum will be credited to your BT account within ten working days.

This is likely to be good news for households stuck with limited funds at the moment with 46% of homes able to claim an average of £136 each in outstanding credit.

Smaller events are also struggling, however, with those who had booked to have a stand at the annual London Book Fair facing losing money after the event was cancelled.

A number of people have struggled to get refunds for faulty products or cancel expected deliveries with many failing to speak to anyone from the firms customer service team at all.

Assistance of up to Rs 75 lakhs to be provided to every e-NAM (National Agricultural Market)

'Going through my 91-year-old uncle's paperwork for him, I found he had signed up for Equitable Lifecare funeral plan in 2016, and has been paying £41 a month - £492 a year - since then.'

My partner and I booked a short break in New York to celebrate my 50th birthday. At the beginning of August, my son was diagnosed with stage 4 Hodgkin lymphoma blood cancer.

Someone has fraudulently opened an account with PayPal using my name. PayPal withdrew £450 from my Santander account. It refunded this, but took it back the following week.

My son rented a vehicle in Corsica in July 2017 and was involved in a minor accident which was not his fault. Enterprise Corsica, the car hire firm, has not repaid his €950 excess.

Last July, my wife, daughter and I used travel agent Carlton Leisure to book flights to Beijing with British Airways, returning via Hong Kong, with an internal flight between there and Chengdu.

The funding would help it to transform field service workforces with artificial intelligence-driven automation

With portfolio companies such as Meesho, Sharechat, Moglix, and Cars24, the early-stage investment firm has so far invested in 20 start-ups

The push is coming from the fact that there are far more established entrepreneurs in India today hitting the next venture button then five years ago

Gopalakrishnan advised startups to take minimum funds from angel, friends and families. They have to create minimum viable product, and establish unit economics and profitable model, he underlined.

Qure.ai will use the capital to drive geographical expansion, expand product portfolio in two more areas

This marks InnoVen Capital's third investment in Bounce, in a span of 18 months

The investment was led by Vertex Ventures SEA and India, and saw participation from existing investor Prime Venture Partners.

Can The Mutual Fund Industry Continue On The Growth Spiral?

If retail investors aspire to make risk-free, guaranteed returns in the short-term, they are better off in a fixed deposit. Equities isn't for them

Passive investing has come a long way in India but will still lag active investing

The cabinet has approved a temporary suspension of the MPLAD funds scheme during 2020-21 and 2021-22

Bisht's last rites will take place in Haridwar in Uttarakhand on April 21, Media Advisor to the chief minister Mrityunjay Kumar said

President Trump on Tuesday said the administration will look into withholding money from the World Health Organization. The president said the WHO had become “China-centric.” Photo: Denis Balibouse/Reuters

The head of the World Health Organization, Dr. Tedros Adhanom Ghebreyesus, urged solidarity in the global response to the coronavirus pandemic and said they regret the Trump administration’s decision to suspend funding to the WHO. Photo: Salvatore Di Nolfi/Shutterstock

US President Donald Trump on Tuesday said he has instructed his administration to halt World Health Organisation's funding while a review is being conducted in the WHO's "role in severely mismanaging and covering up" the spread of coronavirus after it emerged in China."Today I'm instructing my administration to halt funding of the World Health Organization. We will redirect global health and directly work with others. All of the aid that we send will be discussed at very, very powerful letters," Trump said during a press conference.The US President has been critical of the world health body stating that the organisation was aware of the dangers of the coronavirus months before it took action.The United States has been the worst-hit country from the coronavirus. The virus has killed over 25,000 people in the country since the outbreak. There are at least 594,207 cases of coronavirus in the US.The US President also said the funding would be suspended while officials conduct a review "to

The US Department of Justice on Tuesday (local time) said it has repatriated approximately USD 300 million (RM 1.292 billion) to Malaysia in additional funds misappropriated from 1Malaysia Development Berhad (MDB), the Asian country's investment development fund.The government of former Prime Minister Najib Razak set up the 1MDB fund in 2009 to promote economic development in Malaysia through global partnerships and foreign direct investment.The Justice Department estimated that some USD 4.5 billion was siphoned out of Malaysia by high-level fund officials and their associates between 2009 and 2014 in a scandal that called for Razak's resignation -- including Mahathir Mohamad, one of the former's predecessors.The funds were laundered through financial institutions in several jurisdictions, including the United States, Switzerland, Singapore and Luxembourg."We are pleased to make this latest repatriation of an additional USD 300 million in stolen 1MDB funds," Assistant Attorney General

Top honchos of the mutual fund sector debunk the belief that current expense ratios are high, argue in favour of consolidation of schemes, and highlight the changing role of technology

The Fund Managers of the year have been selected based on risk-adjusted returns

Global uncertainties and weak corporate earnings are enough to give any fund manager the jitters

Eyes disbursal of Rs 30,000 crore under the Amended Technology Funds Scheme

Heightened volatility in capital markets in reaction to COVID-19 has imposed liquidity strains on mutual funds (MFs), which have intensified in the wake of redemption pressures related to closure of some debt MFs and potential contagious effects therefrom. The stress is, however, confined to the high-risk debt MF segment at this stage; the larger industry remains liquid. The RBI has stated that it remains vigilant and will take whatever steps are necessary to mitigate the economic impact of COVID-19 and preserve financial stability. With a view to easing liquidity pressures on MFs, it has been decided to open a special liquidity facility for mutual funds of Rs 50,000 crore.

Reserve Bank will review the timeline and amount, depending upon market conditions

The employees of the Reserve Bank have decided to contribute one or more day's salary to the PM CARES Fund, in response to the call to support during the emergency situation. The total contribution from the employees amounting to ₹7.30 crore is being remitted to the PM CARES Fund. The COVID-19 pandemic and the related dislocation in normal economic activity has severely affected the economically weaker sections of the society and their means of livelihood. To help the people affected by any kind of emergency or distress situation, like the one posed by the COVID-19 pandemic, Government of India has set up a public charitable trust named Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) to receive contributions from various sources.

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The employees of Employees Provident Fund Organization (EPFO) have come forward to support the Government's initiative in combating national crisis of COVID-19 pandemic and voluntarily contributed one day's salary- amounting to around Rs. 2.5 crore to the PM CARES Fund. EPFO, as one of World's largest Social Security Organizations, stands committed in the service of the nation in every possible way. The COVID-19, declared as a pandemic by the World Health Organization, has posed serious challenges for the health and economic security of millions of Indians. Government of India has set up a public charitable trust under the name of 'Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund' (PM CARES Fund) with the primary objective of dealing with any kind of emergency or distress situation. Officers and staff of EPFO are also contributing by putting in extra efforts for providing relief by expeditiously processing EPF withdrawal claims including COVID claims under

The government had in September scrapped the 92-year old practice of presenting a separate railway budget

The Nagaland government has assured the high court that the laboratory in Kohima for conducting COVID-19 detection tests will be functional by May 12. The state government informed the Kohima bench of the Gauhati High Court that finishing works for the lab have been completed and it would be functional by May 12. Additional Advocate General T B Jamir, however, told the bench comprising of Justice Songkhupchung Serto and Justice Hukato Swu that since the same technicians would be setting up the lab in Dimapur, at least two weeks are required to make that unit functional. The state government made the submission through an interim application filed on Thursday, praying for extension of time after the court on April 27 directed it to make the two labs functional within 10 days. The court on Friday directed the state government to make all efforts to make the lab at Kohima functional within five days and the one at Dimapur within two weeks. After two weeks, the state ...

BJP corporators in the Thane Municipal Corporation (TMC) have refused to contribute to the COVID-19 relief fund, citing lack of transparency in the affairs of the civic body in Maharashtra's Thane city. Corporators from other parties have contributed Rs 5 lakh to the fund, following an appeal from Mayor Naresh Mhaske. In a letter to the Mayor, BJP leader Sanjay Waghule alleged that there was no transparency in the civic body's COVID-19 relief activities, which is why party corporators would not make any contribution to the TMC's COVID-19 fund. He further claimed that BJP corporators were not invited to the meeting called by Guardian Minister Eknath Shinde to discuss a 1,000-bed COVID-19 treatment facility. Meanwhile, the Mayor in a written communication pointed out that the BJP had welcomed the idea of a relief fund for COVID-19 and now it was backing away from it. There are 23 BJP corporators in the house of 131 corporators in the TMC.

The funeral of a 33-year-old man, who died of COVID-19, was held after protests by residents who refused to allow the cremation, fearing spread of the disease. When the Health Department's ambulance carrying the man's body reached Swarg Ashram in Chharbagh on Friday evening, residents came to know about the cremation and they started protesting. Police were called in to bring the situation under control. The final rites of the man were held on the banks of Yamuna river late night in the presence of police personnel. "The police personnel pacified the protesters and allayed their fears over the spread of the infection. To ensure that situation does not deteriorate further, the last rites were held on the banks of Yamuna river," City Magistrate Pankaj Singh said.