Dubai’s house prices are rising at the fastest rate in the world following…
House prices in Dubai are rising at the fastest pace in the world following an influx of Russian money.
High…
Yearly Archives
2023
Chelsea FC raises $500mn From Ares
Ares Management has invested about $500mn into Chelsea FC as the Premier League club's US owners seek to fund…
UK robotic surgery group raises $165mn
CMR Surgical, a UK robotic surgery company, has raised $165mn in funding from investors such as Japan's SoftBank.…
Cost of UK’s fleet of new armed drones increases by 40%
The Ministry of Defence's efforts to cut its budget two year ago have contributed to the cost of new armed UK…
Oxford BioMedica shares soar as vaccine maker raises earnings guidance
Oxford BioMedica has raised its earnings guidance for the next year, as it signs up new clients for their cell and…
Fabio Panetta, ECB, said that fiscal union would boost EU defense spending.
According to a senior banker, European defence spending could be more effective if the EU had a permanent ability…
Mozambique seeks $1.5 billion in damages for ‘tuna bonds’ scandal
Mozambique is set to seek $1.5bn of damages in a London trial next month for the alleged $2bn "tuna bonds" fraud,…
Goldman Sachs raises 15bn dollars to purchase stakes in private equity fund
Goldman Sachs raised $15bn in order to purchase investors' stakes and to invest in transactions where buyout groups…
Investors reduce bets after UK inflation drops to 6.7%
UK prices rose less than expected in August, lowering the annual rate of inflation to 6.7 per cent and putting…
UK Competition Watchdog warns that the AI boom will not be a positive thing.
The UK's Competition Watchdog warned that people should not expect a positive outcome in the …
Hamptons rents are soaring as high interest rates keep buyers away
Rents in Britain are at their highest level ever as interest rates rise, driving away potential buyers.…
Andy Haldane: The’sandwich generation” is responsible for…
Andy Haldane warns about the pressures of long term sickness on middle aged workers
Former Bank of…
Pendragon sells UK car dealerships in a £280mn deal to US group Lithia
Pendragon, the UK's biggest automotive retailer, will sell its dealerships and concentrate on software. This ends a…
UK automakers demand tax incentives to encourage the switch to electric vehicles
The UK auto industry has requested tax incentives for motorists to switch to electric cars to offset the weakening…
Hungary has raised new objections against Sweden’s Nato bid
Hungary and Turkey have added more obstacles to Sweden's Nato application. Budapest is expected to demand further…
Martin Sorrell’s S4 Capital plunges after warnings of declining revenues
S4 Capital, Sir Martin Sorrell's advertising group, lost a quarter of its market value on Monday after the latest…
Bank of England to increase interest rates by 5.5%
The financial markets and economists expect the Bank of England will raise interest rates another quarter point…
Saudi Arabia’s Energy Minister says that oil cuts are not about…
Saudi Arabia's Energy Minister has defended his country's decision to extend the oil production cut, insisting that…