Insolvencies of companies in England and Wales are at their highest level since…
According to official statistics, corporate insolvencies in England & Wales reached their highest level since…
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Blackstone sells stake to GIC in £4bn Spanish Hotel Chain
Blackstone Group has sold a stake in the Spanish hotel group Hotel Investment Partners, to Singaporean sovereign…
Toyota will invest an additional $8bn into a battery plant in North Carolina
Toyota will invest an additional $8bn in its battery plant in North Carolina. This is the largest investment made…
Eurozone inflation drops more than expected, to 2.9%
The eurozone inflation rate fell to 2,9% in October, the lowest level for over two years. This has boosted…
Peel Hunt: UK Stock Market in a Doom Loop as it Shrinks
According to UK investment bank Peel Hunt, the market for Britain's small and medium-sized stocks is rapidly…
BP shares drop after profit misses estimates on weak gas trading
BP Plc’s third-quarter profits rebounded from prior periods, but fell short as weak results in the gas marketing…
World Bank warns that oil prices could reach $150 if the conflict between Israel…
The World Bank warned that if the conflict escalates in the Middle East, crude prices could reach $150 per barrel.…
SolarWinds is facing SEC litigation after 2020 hack
The US Securities and Exchange Commission has sued SolarWinds. This IT company was breached in 2020 by Russian…
Sundar Pichai acknowledges Google search default deals were ‘very…
Sundar Pichai admitted that agreements allowing Google's search engine to be the default for smartphones and web…
Elon Musk’s X is valued at $19bn after one year of acquisition
The company informed its employees that the equity of social media platform X (formerly Twitter) was valued at…
HSBC plans to buyback $3 billion, CEO touts capital strength
HSBC Holdings Plc has announced a new buyback program, hinting at potential future returns for investors despite…
Britain pushes ahead with cryptoassets rules
Britain announced on Monday that it will implement its first set rules to regulate crypto, requiring participants…
EU and UK ban foreign fossil fuel project subsidies
According to sources familiar with the issue, the UK and EU are pushing the richest countries in the world to stop…
UK home insurance rates set to rise after a disastrous year for insurers
According to a recent forecast, UK home insurance premiums are likely to increase by over a third in the next…
China tech IPOs drop as regulators crack down on startups
After regulators raised the bar on initial public offerings to select domestic champions who can assist Beijing in…
Princess Yachts suffers a loss of £30m due to supply problems
The largest luxury yacht maker in Britain has suffered a £30m (£20m) loss due to severe supply issues that…
Ryanair is threatening to cancel aircraft orders amid Boeing crisis
Michael O'Leary, the chief executive of Ryanair, has warned Boeing that if it does not meet its deadlines he…
Britain could be a tipping point in a global reckoning
Noel Quinn is the chief executive officer of HBSC - the seventh largest bank in the world. He says that "a…