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Markets
Global Bond Funds See Record Breaking £600 Billion Investment Rush in 2024
In a remarkable display of investor confidence, global bond funds have witnessed an unprecedented surge of more than £600 billion in inflows throughout 2024, surpassing the previous record of £500 billion set in 2021. This massive capital…
US Stock Markets Rally Following Federal Reserve Interest Rate Shock
US stocks mounted an impressive comeback on Friday, reversing course from a significant sell-off triggered by the Federal Reserve's hawkish stance earlier in the week. The S&P 500 demonstrated remarkable resilience, closing 1.1 per cent…
Playtech Shareholders Revolt Against €100 Million Euro Executive Bonus Scheme
A significant shareholder rebellion has erupted at Playtech over a contentious €100 million cash bonus scheme for senior executives. The FTSE 250 gambling technology group faced strong opposition at Thursday's general meeting, where 32.6%…
Trading Frenzy Erupts as Trump Victory Sends US Markets Soaring
Donald Trump's electoral triumph has unleashed an unprecedented surge in trading activity across Wall Street's major institutions and retail brokerages, with market participants positioning themselves for anticipated business-friendly…
Dollar Surge Triggers Historic Decline in Emerging Market Currencies as Global Markets React
A remarkable surge in the US dollar, coupled with mounting economic challenges across developing nations, has precipitated the most significant decline in emerging market currencies witnessed since the Federal Reserve's aggressive…
Inditex Reports Rare Revenue Miss as Online Rivals Heat Up Competition
Shares in Inditex tumbled today as the Spanish fashion giant missed quarterly revenue expectations, highlighting growing pressure from digital competitors. The Zara owner reported sales of €9.36 billion for the three months to October,…
US Markets Soar as Fed Rate Cut Looms Despite Inflation Uptick
The technology-heavy Nasdaq achieved a historic milestone on Wednesday, breaking through the 20,000-level barrier for the first time, as markets responded positively to US inflation data that strengthened expectations of a Federal Reserve…
Elon Musks SpaceX Reaches Astronomical £350bn Market Valuation After Latest Share Deal
SpaceX, helmed by billionaire entrepreneur Elon Musk, has solidified its position as the globe's most valuable start-up through a groundbreaking employee share arrangement that values the rocket and satellite manufacturer at £350 billion.…
US Federal Judge Blocks $25bn Kroger Albertsons Merger Deal
In a significant blow to the American grocery retail sector, a federal judge has blocked the largest supermarket merger in US history between Kroger and Albertsons, valued at $24.6 billion. The ruling marks a decisive victory for federal…
Walgreens Boots Alliance in Private Equity Sale Talks as Retail Pharmacy Sector Faces Mounting…
The US pharmacy giant Walgreens Boots Alliance has entered discussions regarding a potential sale to private equity firm Sycamore Partners, highlighting the increasing challenges confronting the retail pharmacy sector.
The…
Insider Trading Signals Found in One Third of UK Merger Activity New FCA Data Reveals
Fresh data from the Financial Conduct Authority (FCA) suggests insider dealing could be occurring in as many as one in three takeover bids in the UK, though the overall trend shows signs of decline. The regulatory body identified suspicious…
Bank of England Issues Stark Warning Over Hedge Fund Activity in Gilt Market
The Bank of England has raised significant concerns about hedge funds' growing influence in the UK government debt market, highlighting potential systemic risks to financial stability. Deputy Governor Dave Ramsden has specifically pointed…
Merger Monday Deals Surge Past $35 Billion Dollars as Trump Victory Sparks Market Confidence
US corporations orchestrated deals worth more than £25 billion on Monday, showcasing the most substantial surge in dealmaking confidence since Donald Trump's electoral triumph. The day witnessed four significant transactions, headlined by…
Distressed Asset Firm Southey Capital Makes £32 Million Pound Bid for Troubled Home Reit
Shareholders in the embattled property firm Home Reit have received a lifeline from distressed asset specialist Southey Capital, which has launched a bid valuing the company at £32 million.
The specialist investment firm is offering…
UK Pension Protection Fund Reveals £283 Billion Pounds Error in Defined Benefit Calculations
The UK's pension protection safety net has dramatically revised its funding level estimates for defined benefit pension schemes, slashing £283 billion from previous calculations whilst maintaining the schemes retain a "strong" overall…
Aviva Lifts Direct Line Takeover Bid to £34 Billion Pounds in Bold Insurance Sector Move
British insurance powerhouse Aviva has intensified its pursuit of Direct Line, raising its takeover offer to £3.4 billion in a strategic move that could reshape the UK insurance landscape. The enhanced proposal of 261 pence per share…
BlackRock Seals $12bn Deal to Acquire HPS Investment Partners in Private Credit Push
In a landmark move that reshapes the private credit landscape, BlackRock, the world's largest asset manager, has struck a deal to acquire HPS Investment Partners for £9.5 billion ($12 billion), marking a significant expansion into the…
Private Equity Giants Set Sights on UK Smart Meter Provider Calisen in £4 Billion Pound Deal
A significant shake-up in the UK's smart meter industry is underway as private equity group EQT and Singapore's sovereign wealth fund GIC prepare to acquire Calisen in a deal valued at approximately £4 billion.
The Manchester-based smart…