Hargreaves Lansdown said it would reduce its interest share from the balances of customers to avoid a regulatory crackdown. However, it did not indicate that it would be making a
Markets10- Page
160Articles
After the success of Sarah J Maas’s new book, Bloomsbury expects to “significantly exceed” market expectations in terms of profit and revenue. Publisher of Harry Potter said that they now
Financial regulator warns City firms of the danger posed by organised criminal groups that seek to manipulate markets. It has revealed it made three arrests as part of a “major”
Tod, the luxury Italian shoe and bag maker, has announced plans to become private. The deal will be with L Catterton a private equity firm backed by LVMH. This ends
Amer Sports, the owner of Arc’teryx clothing brand, is expected to raise less than it hoped for in its largest US initial public offer since October. This is the latest
Chinese markets are up after a report that Beijing is scrambling for billions of Yuan to be mobilized from state-owned companies to reverse the recent share decline. The Hang Seng
Investors were captivated by the takeover activity that took place across the Channel, which prompted a rally of British gambling stocks. This takeover was confirmed by Sweden’s Kindred Group. The
The US corporate bond market is “on fire”, as companies have sold record amounts of debt, $150bn since the beginning of the month. This has been the busiest start to
Investors lowered their expectations for a rapid interest rate cut in the eurozone and the UK, and also the US. The global sell-off occurred after European Central Bankpresident Christine Lagarde
Adobe abandoned its $20bn proposed acquisition of Figma’s product design software, claiming that there was no “clear path” to obtain necessary regulatory approvals from UK and EU watchdogs. The deal
Analysts say that the value of India’s National Stock Exchange is set to surpass Hong Kong as the largest trading venue in the world. This rise is a testament to
Somerset Capital Management is closing after large redemptions from clients made it unsustainable. This move represents a dramatic turnaround in fortunes for Somerset. A specialist in investing in emerging markets
Saudi Arabia has asked other members of the OPEC+ alliance to reduce their oil production quotas to stabilize global markets, but some are refusing to comply. OPEC+’s leader, who asked
Fund managers who focus on environmental, social, and governance (ESG) investing have turned to big technology companies as a way to make low carbon investments with high returns. However, they
A Thai investor, Central Group, is poised to acquire the London-based upmarket department store Selfridges. This comes amid a financial crisis for its Austrian coowner Signa. Central Group, which is
A British lawyer created the first investment trust in 1868 to pool small amounts of money and buy bonds from nations ranging from Turkey to Egypt. The closed-end funds that
