Tax Do wealthy UK trusts hoard their charitable donations in order to avoid paying… admin Oct 24, 2023 According to a think tank analysis, UK charitable foundations that have assets totaling more than £12bn only give…
Shares Northvolt plans Stockholm listing for potential $20bn IPO admin Oct 24, 2023 Northvolt wants to list its shares at Stockholm, over other venues. This would be one of the biggest flotations in…
US Treasury bonds Bill Ackman’s bearish bet ends as US Treasury yields drop from 16-year high admin Oct 24, 2023 After rising to a record high of over 5 percent for the first 16 years, the yield on the 10-year US Treasury fell…
Oil and Gas Chevron buys US oil producer Hess at $53bn admin Oct 24, 2023 Chevron agreed to purchase US oil and gas company Hess for $53 billion in an all-stock transaction, increasing its…
Business The UK-India free trade deal poses a risk to British rice millers Tilda &… admin Oct 23, 2023 As Britain and India near a long-awaited trade agreement, a £1 billion ($1.2billion) segment of the UK's economy…
EU Power Capital Renewable Energy, a PE-backed company, is for sale: Times admin Oct 23, 2023 There are flights from New York, London, Los Angeles, Paris, Bangkok, and Athens. Israel's diaspora, which…
Transport Inside Evolyn, the Eurostar competitor aiming to disrupt cross-Channel railway admin Oct 23, 2023 The privately-funded mega project, which was unveiled by Margaret Thatcher and Francoise Mitterrand for the…
EU Investors pay highest premium ever to hold European risky debt admin Oct 23, 2023 The highest premiums in seven years are being paid by Europe's most risky corporate borrowers to access the €412bn…
Banking Will Revolut get a British bank licence ever? admin Oct 23, 2023 Revolut was everywhere during the recent UK political party conference season. Fintech company Revolut co-sponsored…
Technology State media reports that China has launched an investigation into iPhone… admin Oct 23, 2023 China's state media reported Sunday that it has opened an investigation into Apple iPhone manufacturer Foxconn…
Tax Ark sees silver lining to massive ETF losses – years of tax benefits admin Oct 23, 2023 Cathie Wood, Ark Investment Management's asset manager, has a new pitch for investors who may be worried about the…
Private equity Private equity firms have had the worst year in a decade for exiting their… admin Oct 23, 2023 After the boom in the buyout sector was ended by higher interest rates, geopolitical tensions and increased market…
Stockmarket News LSE outage stops trading of hundreds of small-cap shares admin Oct 20, 2023 On Thursday, the London Stock Exchange experienced an outage which halted trading of hundreds of small-cap stocks.…
Economy Blackstone warns consumers of the looming impact from the surge in bond yields admin Oct 20, 2023 Blackstone Group's top executive, who is the world's biggest alternative asset manager has warned of the impact…
Stockmarket News London Stock Exchange reclaims crown as Europe’s largest market admin Oct 20, 2023 London has surpassed Paris as Europe's biggest stock exchange, a major boost for the City. London's stock…
Jobs and employment Nokia will cut up to 14,000 positions as 5G interest wanes admin Oct 20, 2023 Nokia will slash up to 14,000 jobs after waning demand for 5G mobile networks sparked a drop-off in sales.…
Companies Rightmove is under pressure after OnTheMarket takes over Rightmove for £99m admin Oct 20, 2023 Rightmove’s dominance in online property search has been challenged by a US-based company that bought OnTheMarket's…
Artificial intelligence Amazon introduces humanoid robots for’mundane, repetitive’ warehouse… admin Oct 20, 2023 Amazon is testing humanoid robotics in its warehouses. The company insists that the robots will not replace…