Markets The Yen (JPY), which is the Japanese currency, has fallen to a level not seen in… admin Oct 26, 2023 The dollar fell below 150 again, increasing the risk of intervention by the government on the currency market. This…
Technology ASML Machine Made the Huawei Smartphone Chip that Alarmed US admin Oct 26, 2023 According to sources familiar with the situation, China's Semiconductor Manufacturing International Corp. utilized…
Technology Quick Returns on Quarterly Revenue Growth from Improved Ad Business admin Oct 25, 2023 Snap Inc. saw revenue growth again in the third quarter, after two consecutive periods of decline. This shows that…
Jobs and employment Amgen to layoff 350 former Horizon employees following $28B purchase admin Oct 25, 2023 It is often a matter of how many and when layoffs will occur in the biopharmaceutical industry after a merger.…
Oil and Gas Chevron purchases Hess for $53bn in fossil fuel bet admin Oct 25, 2023 Chevron agreed to purchase Hess for $53 billion in an all-shares deal, as the American oil giant doubles down on…
Industrial Bunzl sales drop as pandemic boost fades admin Oct 25, 2023 Bunzl, world's largest distributor of workplace products, reported that a decline in revenue due to a drop in…
Retail ScS accepts a takeover of Italian rival for £100m admin Oct 25, 2023 ScS will be taken private following a recommendation to the shareholders of a deal which values the British sofa…
Financial The Catastrophe bond market is set for a major surge in issuance admin Oct 25, 2023 This year, the market for catastrophe bond is one of the best performing debt classes. The World Bank is a major…
Technology London’s latest listing flop ranks as the worst IPO of the Year admin Oct 25, 2023 New London listings continue to face problems. The processor of currency transactions, CAB Payments Holdings Ltd.,…
Business Barclays Market Value Drops After UK Loan Margin Squeeze admin Oct 25, 2023 Barclays Plc plans to cut costs, after the bank giant's trading division failed to meet expectations in the third…
Automotive California bans GM Cruise driverless cars admin Oct 25, 2023 California regulators have banned Cruise's self-driving vehicles from state roads. This is a blow to the General…
Banking UK removes the cap on banker’s bonuses admin Oct 25, 2023 As part of its post Brexit push to boost London's City, the UK announced it would scrap the EU-inherited cap on…
AI UK is a great place for investors and startups in Biotech, Life Sciences admin Oct 24, 2023 It's the time of year when the UK is positioned as a leader in technology. The government will convene…
Drug research AstraZeneca praises “clinically meaningful” cancer drug trial results admin Oct 24, 2023 AstraZeneca announced the full results of its trials at a medical conference on Monday, in an attempt to reassure…
Oil and Gas The contract at the heart of the $11bn claim against Nigeria has been found to be… admin Oct 24, 2023 After years of legal disputes, a London judge has ruled that the contract at its centre in a long-running saga…
Companies Chestertons, a UK estate agent, sold Emeria to Emeria admin Oct 24, 2023 Chestertons, the UK's oldest real estate agent, was sold to an European group that provides technology and services…
Business St James’s Place stops trading in Property Fund admin Oct 24, 2023 St James's Place suspended trading of its property fund due to a spike in redemption requests from investors. On…
EU Recep Tayyip Erdo submits Sweden’s Nato application to Turkey’s… admin Oct 24, 2023 Recep Tayyip Erdoan, the president of Turkey, has sent Sweden's Nato application to the Turkish parliament for…