Companies Activist investor Cevian gains 20% thanks to CRH relisting admin Dec 12, 2023 Cevian Capital, one of Europe's biggest activist investors, has seen gains of nearly 20 percent this year. This is…
Artificial intelligence Nvidia is the leading AI investor admin Dec 12, 2023 Nvidia is the most valuable chipmaker in the world. It has invested heavily in AI start-ups to capitalize on its…
Science Scientists use brain tissue for biocomputing research admin Dec 12, 2023 Scientists have developed a system that combines brain-like tissue with electronic hardware for speech recognition…
Financial The UK Government offers £2.5bn for the stabilisation of Northern Ireland’s… admin Dec 12, 2023 The UK government offered Northern Irish political groups a package of financial stabilization measures totaling…
Banking Bank of England and Fed to hold interest rates admin Dec 11, 2023 Western world's biggest central banks will likely keep interest rates at the same level this week, amid concerns…
Retail Unilever faces break-up battle after ‘virtue signalling’ retreat admin Dec 11, 2023 Hein Schumacher's charm offensive and change in tone masks corporate uncertainty Hein Schumacher, the new…
Retail Ocado adds more products to its online store in an effort to reduce tensions… admin Dec 11, 2023 Ocado has added almost 600 M&S items to its website as it tries to reduce tensions with the retail giant.…
NHS Think-tank says that inflation has reduced the NHS England budget’s £3.5bn. admin Dec 11, 2023 According to a new study, the NHS budget in England will be worth £3.5bn lower this year due to inflation than it…
US Jay Powell is under pressure to present a plan for US rate cuts admin Dec 11, 2023 Federal Reserve Chair Jay Powell is facing a difficult balancing act to maintain flexibility within the US central…
Markets India’s NSE is set to overtake Hong Kong as the world’s biggest market admin Dec 11, 2023 Analysts say that the value of India's National Stock Exchange is set to surpass Hong Kong as the largest trading…
Economy Javier Milei, the new president of Argentina, has pledged to cut deep spending. admin Dec 11, 2023 Javier Milei is a libertarian economist who has been sworn in to be the president of Argentina. He promised to make…
Financial Cigna cancels blockbuster insurance deal with Humana admin Dec 11, 2023 According to sources familiar with the situation, US health insurer Cigna abandoned plans to merge Humana. This…
Business UK small businesses ask regulator to step in over ‘harsh banking… admin Dec 11, 2023 The UK small business group has asked the country's main financial regulator to help stop "unfair" banking…
Media BBC to face further cuts following Ministers’ curtailment of licence fee… admin Dec 8, 2023 UK ministers are to cut about £90mn from the BBC’s annual budget after announcing a smaller than expected increase…
Oil and Gas Venezuela increases stakes in dispute over oil with Guyana admin Dec 8, 2023 Venezuelan President Nicolas Maduro raised the stakes dramatically in his country's dispute over its border with…
Markets Somerset Capital Management will close after losses to clients admin Dec 8, 2023 Somerset Capital Management is closing after large redemptions from clients made it unsustainable. This move…
Business Thames Water must answer questions from Ofwat regarding dividend payments admin Dec 7, 2023 Ofwat questioned Thames Water about how it could justify paying a dividend of £37.5 million to its parent company…
Oil and Gas Oil drops to lowest level in five months despite Opec+ cuts admin Dec 7, 2023 Oil prices are at their lowest levels in five months, as investors become increasingly skeptical that the…