Business Changes in UK supervision rules “risk encouraging money laundering” admin Nov 13, 2023 Accounting bodies warned that most of the UK's plans for overhauling the supervision of anti money laundering rules…
Companies Investors buy out startups with money raised by VCs admin Nov 13, 2023 Investors are shaking the venture capital industry by raising money for start-ups who have been rejected by venture…
Companies Alstom, the French train giant fighting to stay on rails admin Nov 13, 2023 Alstom's acquisition of Canadian rival Bombardier’s train operations in 2021 was hailed as an "unique" moment that…
AI AI helps investors to uncover the truth hidden behind executive’s soothing… admin Nov 13, 2023 Francis deSouza, chief executive officer of Illumina and its gene sequencing company, did his best to remain…
Accidents and safety Iceland declares a state of emergency in preparation for volcanic eruption admin Nov 13, 2023 Iceland declared a State of Emergency after earthquakes raised concerns that a volcanic explosion would damage…
Drug research AstraZeneca signs a deal for an oral obesity drug that boosts profit forecasts admin Nov 13, 2023 AstraZeneca will enter the race to develop a weight-loss pill. It is working on a new class of drugs, which it…
Oil and Gas Shell sues Greenpeace in the amount of £1.7m, as Wael Sawan, chief Wael Sawan,… admin Nov 10, 2023 Shell has sued Greenpeace in the amount of £1.7m for a group protesters who occupied a vessel of the oil giant…
Companies S4 Capital sales plunge as Sir Martin Sorrell’s crisis deepens admin Nov 10, 2023 S4 Capital, owned by Sir Martin Sorrell, has seen its sales fall 15pc as the slowdown in advertising…
Health AstraZeneca signs a deal for an oral obesity drug that boosts profit forecasts admin Nov 10, 2023 AstraZeneca will enter the race to develop a weight-loss pill. It is working on a new class of drugs, which it…
Russia -Ukraine war A cargo ship is hit by a Russian missile in a Ukrainian port admin Nov 10, 2023 After a cargo vessel carrying iron ore to steel giant ArcelorMittal, which was damaged by a Russian missile near…
Companies Inflexion sells Chambers and Partners for £400mn and more admin Nov 10, 2023 Inflexion, a UK private equity company, has agreed to sell US investment firm Abry Partners the legal rankings…
AI Nvidia releases AI chips in China to circumvent US restrictions admin Nov 10, 2023 According to four people who are familiar with the situation and leaked documents, Nvidia developed three new chips…
Markets The ransomware attack on ICBC disrupts the US Treasury Market admin Nov 10, 2023 Market participants reported on Thursday that a ransomware attack against the Financial Services arm of China’s…
Business Disney (DIS), which has topped profit estimates, is seeking an extra $2 billion in… admin Nov 10, 2023 Walt Disney Co. stocks jumped after it reported a higher-than-expected net profit and pledged to cut another $2…
Business Apple loses in EU top court over tax bill of EUR14.3bn in Ireland admin Nov 10, 2023 Apple's tax dispute with Brussels over €14.3bn has suffered a setback after an advisor to the EU top court…
Brexit UK signs nuclear fusion agreement with US after EU snub admin Nov 9, 2023 Britain doubles down on its efforts to unlock a 'grid ready' reactor by 2020 After being rejected by a…
Aircraft Airbus criticises Berlin for its export ban on fighter aircraft to Saudi Arabia admin Nov 9, 2023 Airbus' head has criticized the German government for its ban on the export of new Eurofighter aircraft from Saudi…
Financial Bob Iger promises to cut Disney’s costs by another $2 billion admin Nov 9, 2023 Walt Disney reported stronger-than-expected earnings for its most recent quarter and forecast that it would cut…