Elon Musk’s SpaceX agreed to purchase a 10% stake in an electronics company founded 47 years ago in the garage of a professor. Filtronic, a County Durham-based company, saw its
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After the Bank of England chief economist warned against reducing interest rates too early and said that inflation had to be squeezed from the economy, the prospects of an interest
Asda will raise more than £2.6bn in order to refinance part of its debt after the UK supermarket revealed results that showed adjusted profits rose by about a quarter. The
Tyman is the latest London listed company to be acquired by an overseas competitor after accepting an offer of £788million from an American rival. Quanex Building Products, a FTSE 250
A leading fund manager said that it might take a bid to buy a large UK blue-chip company to awaken investors to the value of the London stock market, which
Mobico’s shares, which own National Express, fell to their lowest ever price on Monday due to a profit warning, a sudden departure of its finance chief, and reassurances that debt
Daniel Kretinsky, however, was not one of those people. He had his work on his mind as he stretched out on a lounger on holiday. The “Czech Sphinx”, who was
Daniel Kretinsky wants to take full control of the parent company IDS, which is responsible for the postal service Royal Mail has rejected a takeover offer from billionaire Daniel Kretinsky
Wise’s fortunes have been shattered by disappointing revenue and a slowdown in growth of the volume of transactions made on its platform. Payments company announced that their fourth-quarter revenue had
Rishi Sunak, who was seen wearing Adidas Sambas was forced to apologize after fashionistas reacted so strongly. The Prime Minister said to LBC, “I sincerely apologize to the Samba Community.”
Revolut’s UK CEO has warned that London faces the risk of losing its dominance in the fintech industry to New York. Francesca Carlesi stated on April 15, that the threat
Sotheby’s will use works by Picasso, Warhol and Rembrandt as collateral for a bond of $500m (£399m). The auction house has bundled almost 90 loans to art collectors that are
Slug & Lettuce’s owner has expressed concerns about the future of his company as he races to refinance over £2bn worth of debt. Stonegate, UK’s largest pub operator, with over
BP is expecting a “strong performance” from its trading division, which buys and sold oil. It also expects an improvement in the upstream production and gas of oil and low-carbon
Macquarie, a financial group based in Australia, is a member of the consortium that lends to Thames Water parent company Kemble Water Finance. The fate of the struggling utility could
Taiwan Semiconductor Manufacturing Co., the world’s largest chipmaker, has agreed that its most advanced products will be made in Arizona starting in 2028. This is a major boost for White
