London Stock Exchange buys data firm

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London Stock Exchange has confirmed it will buy financial data firm Refinitiv for $27bn.

Thomson Reuters sold Refinitiv last year to a group led by money manager Blackstone.

It turns LSE into a rival for financial data firm Bloomberg.

Shares jumped 6%.

Mark Wallinger sculpture unveiled on LSE campus

Globe sculpture

A sculpture by Turner Prize-winning artist Mark Wallinger has been unveiled on a London School of Economics and Political Science (LSE) campus.

Located outside LSE’s Saw Swee Hock Student Centre, The World Turned Upside Down is a large political globe, 4m in diameter, with nation states and borders outlined, but with the twist of being inverted.

Most of the landmasses now lie in the "bottom" hemisphere with the countries and cities re-labelled for this new orientation.

Globe on campus

Mr Wallinger said: "The UN is the authority as to the names and borders.

"This is the world as we know it from a different viewpoint. Familiar, strange, and subject to change."

The project was curated by Contemporary Art Society Consultancy, which has worked with LSE for 13 years to deliver art in the public realm for its campus in central London.

LSE director Minouche Shafik said: "This bold new work by Mark Wallinger encapsulates what LSE is all about."

"We are committed to tackling the biggest global challenges through our research and teaching, and this means seeing the world from different and unfamiliar points of view," she added.

All the glamour of Davos


There is always a smattering of glamour at the World Economic Forum in Davos.

This year, it is provided by U2 lead singer Bono who is described as "a cultural leader". He will be speaking at a session focusing on "Closing the Finance Gap" along with International Monetary Fund Christine Lagarde.

The Duke of Cambridge is part of a gathering looking at why "Mental Health Matters". He will be joined by HSBC's chief executive John Flint.

Other notable names to watch out for today include Dame Minouche Shafik, former Deputy Governor of the Bank of England and now director of the London School of Economics.

She is part of a session examining "When Global Orders Fail".

World wide web inventor Tim Berners Lee will be speaking about how to create a safe environment on social media in a session called "Speaking out under Threat".

Raising girls 'changes fathers' views on gender stereotypes'

Katherine Sellgren

Father and daughter
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Fathers are less likely to hold traditional views about gender roles if they raise a girl, research suggests.

This becomes particularly noticeable once girls reach school age, the study, from the London School of Economics and Political Science (LSE), says.

The report finds fathers' likelihood of holding traditional views declined by 8% when their daughters reached primary school age and by 11% by secondary age.

The study concludes that attitudes can be changed by adulthood experiences.

Numbers of elderly in 24-hour care set to double by 2035

An elderly lady colouring
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The number of people aged 85 and over needing 24-hour care is set to double, says a new study, as an expert warns the care system is "at breaking point".

The study, by the London School of Economics and Newcastle University, analysed the projected health needs of the elderly in England between 2015 and 2035.

It found that the number of 65-year-olds and over needing round-the-clock care is also set to rise by a third.

The government says adult social care reforms will be set out in the autumn.

Read the full story here.