Analyzing Pennpetro’s Recent Surge: A Charting Perspective
In this analysis, we delve into the recent performance of Pennpetro following its significant royalty deal.…
Yearly Archives
2024
GB Energy’s tie-up with Crown Estate raises concerns about the future of UK…
Ed Miliband, the UK's energy secretary, announced the partnership between GB Energy, a state-owned company, and…
OpenAI launches ‘SearchGPT” in challenge to Google
OpenAI launches an online search engine in direct competition with Google. This opens up a whole new front in the…
Bill Ackman cuts fundraising target by up to 90% for US fund IPO
Bill Ackman's fundraising target for his US investment fund Pershing Square USA has been slashed by up to 90…
Unilever shares rise as the company defends its price increases despite higher…
Unilever, owner of Marmite, Dove and Ben & Jerry's, defended the price increases despite a higher-than-expected…
Gift cards that say ‘thank you for your support’ have been blocked by…
The cybersecurity firm CrowdStrike tried to give a $10 UberEats gift voucher as a thank you for the workers who…
Clifford Chance partners receive £2m payout
Clifford Chance's top partner pay increased by £40,000, to an average of £2,04 million. The City law firm has…
US tech stocks have had their worst day since 2012.
Nasdaq 500 and S&P 500 experienced their biggest single-day percentage drops since 2022, after US technology…
ITV profits soar with big boost from Euros
ITV's first-half profits grew by 40 percent thanks to the Euro 2024 soccer tournament, strong dramas and an…
After a three-year wait, Revolut receives a UK banking license
Revolut secured the long-awaited bank licence from City regulators. This will allow it to compete with high street…
British Gas’ profits are down by 84 percent as the price cap is lifted
The owner of British Gas has seen its profits plummet dramatically due to a decline in wholesale gas prices and a…
Savings by Lloyds customers are causing a decline in profits
The UK's largest domestic lender posted a decline in profits for the first half of the year as the interest rate…
The US Fortune 500 companies will lose $5.4bn due to a global CrowdStrike outage
Insurers estimate that the global outage caused by CrowdStrike’s faulty update would cost US Fortune 500 companies…
The biggest barrier to US companies investing in Britain is tax fears
According to a BritishAmerican Business trade association, tax has surpassed political stability as the number one…
Reckitt Brands to be Sold in Shake-up
Reckitt is considering selling its infant nutrition division and a portfolio that includes Air Wick, Cillit Bang…
UK economy growing faster than expected: flash PMI
A closely-watched survey revealed that the UK private sector's economy grew faster than expected, and inflation…
Spotify is the leader in the charts, with 7m new subscribers
Spotify, the world's largest music streaming service, has seen its shares rise sharply after it announced that it…
The Pound is set to reach $1.35 at the end of the year
The pound will rise to its highest level against the US Dollar in over two years due to the optimism surrounding…