Royal Mail delays results after 3.5 billion pounds bid for takeover
Royal Mail failed to publish their financial results in time due to audit delays. It is preparing for a £3.5bn…
Monthly Archives
May 2024
Hargreaves Lansdown share price surges 20pc amid hopes for a bidding war
Hargreaves Lansdown shares rose the most since a decade ago on Thursday, after a surprise bid led to speculation…
Ticketmaster is facing a breakup due to ‘illegally’ inflating ticket…
US authorities launched a legal action to dissolve Ticketmaster following failed ticket sales by artists such as…
Election in the UK casts doubt on NatWest’s share sale
A general election that was held earlier than expected has cast doubt on UK government plans for a mass public sale…
Nvidia revenue surges 262% due to record AI chip demand
Nvidia's revenue increased 262 percent in the last quarter due to record sales of artificial-intelligence chips.…
Rishi Sunak announces UK General Election on July 4.
Rishi Sunak took a big gamble when he announced an election on July 4. His Conservatives will now be involved in a…
Citigroup fined for ‘fat-finger’ error which led to £1.1bn in mistaken…
Financial regulators have fined Citigroup £61.6m after their internal systems failed in preventing a fat-fingered…
Anglo American rejects BHP’s third offer of £38.6bn
Anglo American rejected a third attempt at a takeover by BHP, after the Australian firm sweetened its bid in an…
Marks & Spencer boss hails a ‘growth story” as annual profits…
Marks & Spencer's boss says he hopes for a "growth tale" in the years to come after the retailer, which has…
Jeremy Hunt’s plans to cut taxes are stymied as the government borrows more…
Jeremy Hunt’s plans to cut taxes before the election have been stymied after higher benefits spending and lower tax…
Tesla sales fall as European electric vehicle subsidies are cut
Tesla sales in Europe have plummeted after countries such as Germany and France cut subsidies to electric vehicles.…
Even though inflation has fallen, traders bet against a summer rate cut
Looming election and higher-than-predicted price rises push expectations back to November
Investors are pushing…
Mike Ashley is looking to form a joint venture with Crown Estate
Mike Ashley has learned that he is considering a stake in the Princesshay estate of Exeter. This would be the first…
Meadowhall sold for £360m by British Land
British Land sold its Meadowhall shopping center in Sheffield to a joint venture partner, a move that highlights…
The card giants are facing a crackdown on fees
Mastercard and Visa are facing a regulatory crackdown. The payments watchdog has said that the companies have too…
Microsoft improves “Copilot” in race against Google to create AI…
Microsoft announced an improved artificial intelligence-powered personal assistant that supports the work of all…
Bank of England Governor predicts “quite a fall” in UK inflation…
Bank of England Governor said that he expects "quite a fall" in the inflation rate to be around the 2 percent…
Amazon delays order of Nvidia’s’superchips’ in anticipation of…
Amazon's cloud computing division has decided to delay the use of Nvidia’s most advanced “superchip” in order to…