Smiths Group misses margin target
Smiths Group shares fell on Tuesday from their all-time highs after a perceived small miss in its financial…
Monthly Archives
September 2024
The first skyscraper laboratory in Britain is under construction
The construction of Britain's very first laboratory skyscraper will begin on Tuesday in Canary Wharf (east London)…
Boeing strike: union refuses vote on 30% pay increase
Boeing, the troubled planemaker, announced to its striking workers a "best-and-final" offer of pay. However, its…
Dunelm’s founder’s son sold £114m in shares
The deputy chairman at Dunelm sold £114m of shares to a discount, but he says that he is "fully committed" to…
German economy stuck in a vicious cycle of stagnation
After a key activity measure fell for the fifth month in a row in September, economists warned that Germany's…
The Pound is on track to reach its highest level against the US Dollar since 2021
Goldman Sachs predicted that the pound will reach its highest level against the US Dollar since 2021, thanks to the…
Andrew Bailey: Interest rates are not likely to drop rapidly.
The Bank of England governor has stated that interest rates will continue to fall slowly, even as inflation is…
Sources say that Reeves may change the fiscal rules in order to allow for more…
According to sources within the government, Rachel Reeves may change how fiscal rules of the government are…
Businesses say that budget uncertainty is impacting the UK economy.
Two separate surveys of businesspeople indicate that uncertainty ahead of Labour's first Budget since 2010 next…
Rupert Murdoch’s REA raises Rightmove bid to £6.1bn
The REA Group, owned by billionaire Rupert Murdoch, has added an additional £200m in a sweetened bid for Rightmove.…
Friedkin Group buys Everton football club from Farhad Mohiri
Friedkin Group agreed to purchase Everton two months after pulled out of negotiations for the purchase of Farhad…
The Fed is expected to cut interest rates again, and traders are betting on this.
The US Federal Reserve is expected to cut interest rates again in November. This has led traders to increase their…
Oxford Metrics faces profit warning
Oxford Metrics warned its profits this year would be "materially lower" than expected, wiping out about a fifth of…
Berlin rejects the takeover of Commerzbank, as Unicredit increases its stake
Germany has escalated the battle for the future of Commerzbank, after Berlin said it was against a takeover just…
AstraZeneca’s $1bn cancer drug fails to meet expectations after poor trial…
AstraZeneca's acquisition of a cancer drug for up to $1billion has been marred by disappointing results in…
Rightmove considers sweetened Rea Group Offer
Rightmove has received a third takeover bid of £6.1 billion from a Melbourne property company, after having…
The US investor who quietly became one of Britain’s largest retail owners
Five years ago, Realty Income was a new American investment trust. Since then, it has quietly become one of…
The North Sea Forties Pipeline of Jim Ratcliffe will be closed 10 years earlier…
Ineos chief warns that oil tax raids and drilling restrictions could'suffocate' the industry. A North Sea pipeline…