Jeff Smith, America’s ‘most feared activist’, invests $3bn in UK biotech Abcam
A British biotech firm whose founder was trying to regain control of a $3 billion company has been targeted by an…
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After selling £170 million, Advertising Group is expanding.
Private equity investors have purchased an advertising group founded by Roger Parry (YouGov Chairman) for…
GB News tycoon, Sir Paul Marshall, eyes £50m Spectator Deal
The Barclay family is fighting to hold on to The Spectator magazine and Telegraph newspaper. Sir Paul Marshall, the…
The story of the Barclay brothers, who own the Daily Telegraph, and how they built…
Aidan Barclay named his first superyacht the Enigma when he bought it from Oracle founder Larry Ellison. Aidan…
Travelodge is to be sold at £1 billion
Travelodge's owner is preparing the chain of budget hotels for a possible sale of more than £1 billion, based on a…
EU offers Tunisia more than EUR 1bn to stem migration
Brussels proposes €255mn in grants for Tunis, linking longer-term loans of up to €900mn to reforms The EU has…
Goldman Sachs’ bad loans are a result of Elon Musk refusing to pay rent
Goldman Sachs has been hit by an increase in commercial real estate loans that are past due in the first quarter.…
UBS sets ‘red lines’ for Credit Suisse staff after takeover completion
UBS will impose strict restrictions on Credit Suisse's bankers, including a prohibition on new clients coming from…
Before new regulations kick in, UK crypto ownership doubles
FCA announces that it will begin its crackdown on the 'Wild West" of finance sector on October 8, 2018. Crypto…
Investors left with a sour taste after losing money on meat substitutes
Walter Robb, the former co-chief executive of Whole Foods in February 2021 described the gradual shift by consumers…
The traders are betting on higher US interest rate
After unexpected rate increases in Canada and Australia, and strong US job data, the hopes of rate reductions later…
Brazil divided on oil drilling proposal in the Amazon Delta
The proposal to drill oil off the mouth the Amazon River has revealed a rift within the cabinet of Brazilian…
FirstGroup shares rise on the back of a strong bus and rail results
FirstGroup shares, the Aberdeen-based bus and train company, rose more than 17 percent on Thursday, after the…
AI revives software stocks
There's no way to know which companies will use the technology best or how they'll get their customers to pay.…
Saudi Arabia’s loss of control over oil prices
It was a time when Saudi Arabia could control the future or at least, the future of world economics.
The…
Sunak gets a boost as British AI chief praises Britain
In a major boost for Rishi Sunak, US data giant Palantir said that Britain was a better place than the EU to…
AI could be the end of investors’ love affair with AI
We know that we should be focusing on the future, but we are often fixated on the present.
Earnings for the…
HSBC cancels all new mortgages after a flood of demand
Banks withdraw mortgages amid rush to lock in deals at rising rates
HSBC pulled all its mortgages…