Italy removes Sinochem as Pirelli’s biggest investor
In response to concerns about Chinese interference, Italy stripped Sinochem's influence as the largest shareholder…
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After a fractious vote, Switzerland passes a law to reduce carbon emissions
This weekend, Switzerland's commitment towards reducing carbon emissions was tested in a national vote which…
Antony Blinken, the British Foreign Minister, meets with China’s Foreign…
US Secretary of State Antony Blinken met China's Foreign Minister Qin Gang at the Chinese Embassy in Beijing. The…
AstraZeneca drafts a plan to spin-off China business amid tensions
AstraZeneca is planning to separate its China business from the rest of the company and list it separately on Hong…
The merger of Vodafone and Three for £18bn is being investigated
The Competition Commission has opened an investigation into the merger of Vodafone and Three in Britain, which was…
The buyback talk ignites Big Tobacco
Few investors in London quit their tobacco stock investments yesterday, despite reports that Big Tobacco was…
CAB Payments celebrates City’s plan to list on the London Stock Exchange
After the shocking decision of WE Soda, a cross-border payment group announced its plans to proceed with a London…
Music publishers sue Twitter $250m for unlicensed music
Twitter was sued by over a dozen music publishing companies for allegedly violating copyright laws by allowing its…
Bank of England warns corporate pension deal makers against relying on reinsurers
The Bank of England warned on Thursday that depending on reinsurers for help in meeting a surge of demand for…
The AI-driven trading firms are worried about the risks AI poses to profits
After a fake photo of an explosion near Pentagon caused a short sell-off on US stocks, hedge funds and other…
WE Soda pulled its IPO due to a combination of high valuations and a poor economy
Alasdair Warrren, the chief executive of WE Soda in the UK, has withdrawn his plan to make the largest producer of…
Gas prices in Europe doubled within 10 days, as traders remained on edge
The European gas price has doubled within 10 trading days. This shows that the market is still on edge, even though…
US restaurant chain tests appetite to IPOs with Cava Pops
The shares of US restaurant chain Cava nearly doubled in value on their New York debut Thursday. This success could…
Seven companies are driving the US stock markets rally
The stock markets of 2023 will not be as they appear.
Pessimists seem to be suffering at first glance. Investors…
Mortgage rates to rise for two of UK’s largest lenders
NatWest and Nationwide raise borrowing costs, increasing pressure on the government to control the cost of living…
Revolut Investor cuts book value by 40%
Molten Ventures, a venture capital firm, has reduced the value of its stakes in Revolut. It is the second investor…
Entain to purchase Polish betting operator STS Hits shares
Entain's shares fell this morning, after the FTSE 100 gaming group raised approximately £600 million in order to…
Shell increases dividends and abandons plans to reduce oil output
Shell's chief executive has tried to increase investor confidence by increasing its dividend, cutting spending and…