Embattled accountancy giant BDO has been struck with a £6.5 million fine by the Financial Reporting Council, following the exposure of fraudulent behaviour by one of its former senior managers.
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Jensen Huang, the influential founder and chief executive of Nvidia, has moved to quell growing unease over soaring valuations within the technology sector amid mounting warnings of potential asset bubbles
The remains of three dinosaurs sold at auction for £12.4 million have been seized under proceeds of crime law, casting a spotlight on the intersection of ultra-wealth and international investigations.
The Norway Government Pension Fund Global, the world’s largest sovereign wealth fund, has announced its opposition to Tesla’s proposed remuneration package for chief executive Elon Musk, a deal that could
Once the pride of Britain’s financial sector, City of London fund managers are facing a rapidly shifting investment landscape – but signs of a long-awaited resurgence are emerging. Communities of
OpenAI, the creator of ChatGPT, has announced a landmark deal worth 38 billion pounds to utilise Amazon Web Services’ cloud infrastructure. The agreement underscores the escalating investments required to secure
Kimberly-Clark, the household products giant behind brands such as Kleenex and Huggies, has announced an agreement to acquire Kenvue, the owner of Listerine and Tylenol, in a transaction valued at
Michael O’Leary, the outspoken chief executive of Ryanair, has launched a stinging critique of the Labour government’s economic strategy, warning that the UK is on the “wrong path” under Chancellor
The artificial intelligence (AI) revolution has ignited an extraordinary investment surge, with global data centre spending projected to reach an astonishing $3 trillion by 2028. These vast warehouses, humming with
Households across the UK have sharply reduced their discretionary spending over the past year, reprioritising financial stability as the cost of living continues to rise. Figures from MoneySuperMarket’s latest household
Morgan Stanley has emerged as the only bank to levy charges for its involvement in the privatisation of NatWest Group, formerly the Royal Bank of Scotland, while other leading investment
Nvidia has cemented its place in technology history, achieving a record breaking £5 trillion market valuation this week. The landmark comes as CEO Jensen Huang concluded a series of planned
Hopes were high in the City as Princes Group—the renowned supplier behind Princes tuna and Crisp N Dry cooking oil—began trading on the London Stock Exchange with a valuation of
Two of the world’s largest brewers, Anheuser-Busch InBev and Carlsberg, have each reported a decline in third quarter sales volumes, reflecting softening consumer demand for beer. AB InBev, known for
Getting a mobile signal in Britain’s remotest corners is set to become significantly easier as Virgin Media O2 clinches a pioneering deal with Elon Musk’s Starlink satellite network to address
Prostate cancer screening for men over 50 could transform outcomes in Britain, according to one of the largest trials ever conducted in Europe. The latest data from the European Randomised
