Rise Strong

News will come as a shock to staff, especially at Cranfield, but the institutions’ bosses say intention is growthThe announcement that King’s College London is to absorb Cranfield University came as a surprise but not a shock to England’s higher education leaders, who have been braced for sudden announcements about job cuts and course closures.But for staff and students at both institutions the news will have come as a shock, particularly at Cranfield, the smaller, highly focused postgraduate technology and management college that has its own airport. Continue reading...

• BSE shares climbed 3% to Rs 3,833 on the NSE following robust March quarter results from the National Stock Exchange, which reported an 8% rise in consolidated net profit driven by equity derivatives trading growth. • The Nifty Capital Market index gained 1.5%, with 15 of 17 constituents in the green, boosted by NSE's performance and Angel One's positive April business update. • This upmove reflects renewed investor confidence in capital market firms amid broader market recovery and increased trading volumes.

• JPMorgan Chase reported first-quarter net income of $13.2 billion, up 15% compared to Q1 2025, driven by higher net interest income and a 12% increase in investment banking revenues. • CEO Jamie Dimon stated that the bank is "well-positioned" despite macro uncertainties, with the firm raising its dividend by 5% to $1.16 per share and repurchasing $11 billion in stock during the quarter. • The bank's strong results contrasted with broader financial sector concerns about rising loan losses and credit quality, though JPMorgan's net charge-offs remained stable at 0.31% of loans.