Nexperia sells Newport Wafer Fab for $177mn to US chip company
Vishay Intertechnology, a US-based chip company, has agreed to purchase Newport Wafer Fab from Chinese-owned…
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Shares of UK chip designer Arm fall following disappointing revenue forecast
The shares of UK chip designer Arm dropped after its revenue projection for the current quarter disappointed Wall…
The UK Supreme Court has given the green light to a Danish tax fraud case worth…
After the UK Supreme Court refused to allow him to stop it from being heard in England, Danish authorities were…
The founder of Europe’s biggest hedge fund says that big hedge funds…
According to the cofounder of Europe's biggest hedge fund, the rise of multimanager hedge funds led to a "merry go…
HMRC is facing a growing demand as more people are forced to pay tax.
The UK tax authority warned it would face additional costs in this year due to 1.2mn people being added to the tax…
As the rich are squeezed by their spending, second-hand Rolex is expected to soar.
The UK's leading Rolex dealer expects a surge in the sale of second-hand luxury timepieces as inflation…
Campaigners warn that Britain is unable to process half of the oil produced by new…
Rishi Sunak’s plan to boost the energy security of Britain by granting new North Sea licenses each year is…
Manchester United’s top shareholder says that investors are in the dark…
The Glazer family is in talks with British chemicals magnate Sir Jim Ratcliffe about potential investments. A top…
Data shows that UK grocery inflation has fallen to single digits, for the first…
According to data from the sector, UK grocery inflation is now at single digits after 16 months of steep increases.…
Turkey raises $2.5bn on the dollar bond market in its first deal since April
The first dollar bond deal since April raised $2.5bn by Turkey, as its new economic policies have attracted…
China’s methane policy is a’starting play’ ahead of the UN…
China, the world's biggest producer of methane (a powerful global warming gas), has played an "opening move" before…
Since the start of Israel-Hamas War, oil prices have lost gains
The oil prices fell to their lowest level in over three months on Monday, with hedge funds betting the conflict…
UK gilts rise after BoE signals it is open to rate reductions in 2024
UK gilts rose sharply on Monday as traders took advantage of comments made by a senior Bank of England official who…
UK Signs £4bn Air Defence Deal with Poland
In the wake of Russia’s invasion of Ukraine, Britain and Poland have agreed to a £4bn (£3bn) air defence contract,…
UK food inflation could be gone by Easter according to the boss of a major…
According to the owner, food inflation could be gone by Easter if there are no more shocks to global system.…
Ryanair pays out on soaring flights
Ryanair's profits reached a record high in the spring and summer due to a combination of soaring fares, and…
UK companies admit to business with Russia despite sanctions
Since the Russian invasion of Ukraine in 2014, more than 100 UK companies admitted to violating sanctions against…
EasyJet hacking investigation dropped due to ‘limited resources
It has been reported that the Information Commissioner's Office has dropped its investigation into a Hack affecting…