Markets

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 was investigated by both UK and EU…

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 the optimism of investors about India's economic prospects. According 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 at its height in 2018,…

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 not to be named because this information is…

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 are now growing worried about the technology…

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 owned by the Chirathivat Family,…

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 were traded on stock markets are now worth approximately £260…