Anglo American boosted by partner’s interest for manganese mines
Anglo American’s efforts to maintain its independence have been boosted by an Australian miner’s interest in…
Yearly Archives
2024
Graphcore cancels its share premium account amid SoftBank talk
Leading British technology company is restructuring their balance sheet. This fuels speculation about a possible…
Elon Musk’s xAI receives new funding from Andreessen Horowitz, Lightspeed Sequoia…
Elon Musk’s xAI, a start-up in artificial intelligence, has received new funding from Silicon Valley venture…
Nvidia reports a massive growth rate as the AI boom continues.
Nvidia announced record quarterly revenues on Wednesday, fueled by the explosive growth in artificial intelligence…
Toblerone maker Mondelez fined €337.5m for anti-competitive practices
Owners of Toblerone Milka and Oreo were fined €337.5m (£288m ) in the EU for anti-competitive behavior.
The US…
Boeing has a long road to go before it can make safe planes, says US aviation…
The Federal Aviation Administration is preparing to receive the plan of action from US planemaker Boeing to address…
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…
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…