Property Bellway confirms £650m offer for rival housebuilder amid property crisis Simon Rowe Jun 14, 2024 A major housebuilder in Britain said that it had made a £650m offer for a competitor developer, as the construction…
Politics Starmer rejects Sadiq Kan’s plan to expand his control beyond London Simon Rowe Jun 14, 2024 Sadiq Khan has been rejected by Labour for his bid to take control of commuter rail routes outside London. In…
Economy DFS reduces profit forecast due to weak demand and supply delays Simon Rowe Jun 13, 2024 DFS' profits are being affected by the Red Sea disruption and slow demand for large-ticket purchases. The sofa…
Economy Argentina loses its appeal over $1.5bn payments to hedge funds Simon Rowe Jun 13, 2024 The London Court has dismissed Argentina's appeal against a ruling which would have required it to pay $1.5bn to…
Crypto currency Terraform Labs pays $4.5 billion in SEC fraud case Simon Rowe Jun 13, 2024 Terraform Labs has agreed to pay the US Securities and Exchange Commission $4.47bn to settle a case that was…
Russia -Ukraine war Germany launches limited military service to be “war ready” Simon Rowe Jun 13, 2024 Germany will reintroduce limited military service. However, the plan falls short of the original goal set by the…
Crime Man arrested for contracts with PPE Medpro during the Covid era Simon Rowe Jun 13, 2024 Officers have arrested a 46-year old man in connection with an investigation into the £200m worth of contracts that…
Business Mexican billionaire Carlos Slim buys 3% of BT Simon Rowe Jun 13, 2024 Carlos Slim, a Mexican billionaire, has acquired a 3% stake in BT. This comes after Allison Kirkby, the new chief…
Energy Energy watchdog warns of a’staggering oil glut’ by the end of the… Simon Rowe Jun 13, 2024 International Energy Agency warns that the world will face a "staggering surplus" of oil by the end decade. This is…
Insurance industry Legal & General Announces Strategic Shift: Expanding Pensions, Selling… Simon Rowe Jun 13, 2024 Legal & General, a prominent UK-based insurance and asset management group, has announced a significant…
Mining Anglo Asian Mining Shares Soar 16% as Tailings Dam Wall Raise Clears Crucial… Simon Rowe Jun 13, 2024 Anglo Asian Mining shares rose 16% yesterday after the company received key approvals for upgrading its tailings…
Transport Coach USA Files for Chapter 11 Bankruptcy Amid Ridership Decline Simon Rowe Jun 13, 2024 Coach USA, the parent company of the Megabus brand and several commuter bus lines connecting New York and New…
AI Mistral AI Secures $6 Billion Valuation in Second Funding Round for Open-Source AI Simon Rowe Jun 13, 2024 Mistral AI, a French artificial intelligence startup founded just a year ago by former employees of Meta and…
Technology Raspberry Pi shares soar on London debut Simon Rowe Jun 12, 2024 The enthusiastic response to the listing of a British tech company at the London Stock Exchange has given rise to…
AI Mistral receives €600mn in funding after valuation soars up to €6bn Simon Rowe Jun 12, 2024 Mistral AI is a Paris-based artificial-intelligence start-up that has raised €600mn at a valuation close to €6bn.…
Media Shari Redstone concludes talks with Skydance Media on deal to control Paramount Simon Rowe Jun 12, 2024 Shari Redstone ended negotiations with Skydance Media on a deal which would have transferred control of the…
Financial France’s conservative leader calls on pact with the far right Simon Rowe Jun 12, 2024 Ahead of the snap legislative elections scheduled for June 30, which have caused financial markets to tremble, the…
Interest rates Rachel Reeves warns Bank of England against changing the way it pays interest on… Simon Rowe Jun 12, 2024 Rachel Reeves, the shadow chancellor of England, has warned of "the dangers" of changing the way the Bank of…