London-based healthtech startup Nila has raised an oversubscribed $2.4 million (£1.8 million) pre-seed round led by LocalGlobe, to expand its care management platform that helps immigrants manage healthcare for their elderly relatives back home. The funding will accelerate Nila’s rollout across India, the world’s largest remittance

Six months after launching, London-based AI recruitment startup Jack & Jill has raised $20 million in seed funding to reinvent how people find jobs and companies hire talent. The round was led by Creandum, the European venture firm behind Spotify and Klarna, with participation from Dig

The UK has announced sweeping new sanctions aimed at crippling Russia’s energy revenues, targeting the country’s largest oil producers, state-linked tankers, and overseas partners helping to keep Russian crude flowing to global markets. Unveiled by Chancellor Rachel Reeves ahead of meetings with global finance leaders in

The United States has accused China of betraying a fragile trade truce reached earlier this year, in a sharp escalation of rhetoric between the world’s two largest economies. In a rare joint appearance in Washington, US Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent condemned

India’s exports to the United States — its largest trading partner — have plunged following the introduction of steep US tariffs on Indian goods, marking one of the sharpest trade shocks in recent years. According to government data, India’s goods exports to the US dropped 20%