HSBC’s exit is a sign that Canary Wharf has been struggling to recover from…
8 Canada Square in London, which houses HSBC’s global headquarters, and bears the HSBC logo, is a symbol for Canary…
Author
Simon Rowe 253 posts 0 comments
Vladimir Putin claims that Russian state paid billions to Wagner paramilitaries
Vladimir Putin said that the Russian state paid billions to the Wagner paramilitary organization, as new details of…
Pre-tax profits of Wise Companies up 234% due to rising interest rates
Wise's annual profits before tax have increased by 234 percent to £146.5 Million, a 36-fold increase.
The…
CAB Payments to float in London at a valuation of £850m
After announcing that it aimed to achieve a valuation of around £850 million through a flotation, a cross-border…
Primark’s owner ABF: Retailers have nowhere to hide.
Yesterday, Associated British Foods rebuffed claims that the grocery industry may profit from high inflation…
UK and EU Sign Memo on Post-Brexit Finance Regulation
On Tuesday, the UK and European Union signed an long-awaited Memorandum of Understanding on Financial Services.…
Lucid scores a much-needed win with Aston Martin EV order
Aston Martin Lagonda Holdings plc, and Lucid Group Inc. have a lot to boast about when it comes to their plan to…
Europe’s banking champion has €7,6 billion to spend
The bank's leader, widely regarded as Europe's champion-in waiting, has everything he needs for a major merger.…
Wagner Group’s Russia Mutiny puts African Gold and Beer Empire under…
The Russian mercenary groups' commercial network in Central African Republic will be under pressure.
Two men,…
UBS Prepares to Cut More Than Half of Credit Suisse Workforce
UBS Group AG plans to reduce more than half the Credit Suisse Group AG workforce of 45,000 employees starting next…
UK Lithium Group warns that it may go bankrupt without £10mn Cash Infusion
Cornish Lithium, a UK-based lithium project developer, has warned it may go bankrupt if it does not secure a £10mn…
Tuffnells, a British delivery company, has been bought out of bankruptcy.
After one of Britain's largest delivery companies, Tuffnells, was sold to an rival gig economy company the…
KPMG will cut 2,000 US jobs
KPMG, the auditing firm, will cut approximately 5pc of its US workforce as demand for consulting services declines.…
Cineworld hires administrators to help with restructuring
Cineworld Group will end its 16-year existence as a publicly traded company next month, as administrators prepare…
China links risk £18bn mobile deal
In Britain, the PS18 billion merger between Three and Vodafone is being scrutinized by all parties in parliament…
EU plans to relax GMO regulations to help farmers adapt climate change
Brussels is planning to lift the controls on certain genetically modified plants to help farmers deal with climate…
Siemens Energy shares plummet after wind turbine problems worsen
Siemens Energy shares, the world's biggest wind turbine manufacturer, fell 30 percent on Friday, after the company…
Profit outlook for Primark increases on the back of strong demand and higher price
Primark's owner has increased its profit forecast for the year, despite the squeeze on household budgets. Sales at…