Harbour Energy, UK, agrees to $11.2bn for Wintershall Dea’s assets
Harbour Energy, listed in the UK, has signed a $11.2bn agreement to purchase Wintershall Dea’s oil and natural gas…
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BlackRock’s ambitions in private equity revealed by failed Warburg Pincus…
BlackRock's push to diversify into alternative investments has led it to talk with Warburg Pincus. The world's…
UK signs financial services agreement with Switzerland after Brexit
Jeremy Hunt, UK chancellor, will sign a financial service deal with Switzerland on Thursday. He claims that it will…
PlayStation sales and blockbuster titles propel console market to growth
After a slump following the pandemic, console sales have recovered this year thanks to the resurgence of Sony's…
Inflation in the UK falls to 3.9% by November
UK inflation slowed sharply in November to 3.9 per cent, triggering a slide in the pound, a stock market rally and…
US and UK enforce Russian oil price cap
The UK and US tighten rules on the shipping of Russian crude oil to make it more difficult for Moscow to avoid the…
EU Ministers Agree on Tough Debt Reduction Rules
As part of an agreement to gradually overhaul the budget framework of the EU, EU finance ministers have given in to…
Softbank and Arm Chiefs Meet Hunt as City Reforms Open Door to Secondary Listing…
On Tuesday, Arm's chief executive and owner met with Jeremy Hunt at Downing Street. At the same time, regulators…
In Scotland, higher earners will be charged a higher tax rate to protect public…
After ministers in Edinburgh tried to cut back on public services while funding a council tax freeze, they decided…
Denmark joins Sweden and Finland to sign US Defence Deal
After Denmark reversed decades-old foreign policy and became the last country in the region in which to sign an…
Peter Hargreaves Blue Whale’s profits drop on tech bets
Blue Whale Capital, a fund group founded by billionaire Peter Hargreaves and co-founded with him, reported a…
UK offers ‘final’ £3.3bn in emergency funding to Northern Ireland
The UK government announced a final £3.3bn offer to Northern Ireland on February 2nd and informed the largest…
Signa sells Chrysler Building in desperate effort to raise money
Signa Holding has entered into negotiations to sell the half of New York’s Chrysler Building in order to raise…
Container ships abandon the Red Sea as allies scramble for defense
On Tuesday, container shipowners abandoned one of the busiest trade routes in the world. Many of the largest cargo…
British Museum signs sponsorship agreement with BP for £50mn
The British Museum signed a sponsorship deal worth £50mn with BP despite the vocal opposition of environmental…
Bond fund giant Pimco has warned of a ‘hard landing” for the UK…
One of the largest active bond fund managers in the world has warned that there is a high risk for a severe…
New EU law to police content online catches leading porn sites
After EU regulators determined that three of the largest pornography websites in the world fell under the scope of…
Octopus Energy raises $800m to create green jobs in the UK
Octopus Energy raised $800m from its shareholders, valuing the company at almost $8bn. This comes just weeks after…