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Shell’s exit from the FTSE could cause a dam to break
City nerves jangle when FTSE giant feels unvalued
Net zero is still decades away, but we have spent endless hours imagining what a world would be like without oil.
London's stock exchange bosses, on the other hand, face a more…
Former chief executive says Shell is’massively underestimated’ in London
Former Shell head says oil giant is "massively underestimated" in London, and could benefit from moving its listing to US. This is another blow for the UK stock exchange.
Ben van Beurden who was responsible for Shell's shift from The…
Thames Water owes millions of dollars to Chinese state-backed bank
The financial crisis that has engulfed Thames Water is largely due to two Chinese state-owned banks.
Bank of China and Industrial and Commercial Bank of China were among the lenders who backed a £190-million loan that Kemble Water…
Revolution Bars shares are suspended from trading
The trading of shares in one of Britain's largest bar operators was suspended Tuesday, as the company sought to raise emergency funds backed by serial investor Luke Johnson.
Revolution Bars Group said that it was unable to comply with…
AstraZeneca shareholders are urged to oppose the pay plan for CEO Soriot
Two influential shareholders advisers have labelled AstraZeneca’s plan to pay CEO Pascal Soriot as much as £18.7mn "excessive". They said his remuneration is already competitive with international peers.
Last month, the drugmaker…
Flutter, the owner of Paddy Power, hopes that the US listing will attract retail investors
As Paddy Power prepares to move its primary listing to New York, the Paddy Power owner wants to convert its rapidly growing US customer base to shareholders.
In January, the company, which has the largest market share of FanDuel in the…
Short sellers flock to Fortnox, a Swedish software company that is on the rise.
Tommy Eklund, Fortnox's CEO, has redefined the technology industry in a way that few other chief executives have.
Eklund turned a Swedish niche accounting software supplier into a stock-market sensation, whose share value has increased…
Shein is close to announcing London IPO reports
Shein will announce in the next few days that the London Stock Exchange is the destination of its initial public offering, according to reports.
This Is Money of the Daily Mail reported that the directors of the Singapore fast-fashion…
Reddit, the social media site, soars by 48% at its New York IPO
Reddit shares soared by nearly half in their debut on the market, a vote for confidence in initial public offerings following two years of subdued activities.
Stocks closed Thursday under the ticker RDDT at $50.44, up 48% from the IPO…
Direct Line’s suitor flees to China in a scramble for money
This weekend, the boss of the Belgian insurance company that made the audacious bid for Direct Line to the tune of £3 billion will be flying to China to meet with his largest shareholder amid rumors that he's racing to gain support for a…
Aviva buyback brings shareholder returns up to £9bn
Aviva's boss has intensified her efforts to turn around the insurer. She is implementing a plan that will boost cash returns to investors and increase annual profits by £2 billion within three years.
Amanda Blanc stated that the group is…
BAE Systems, the defence specialist, is at the forefront
BAE Systems is no longer a pariah, but a saviour to many investors. The latest call for more material by President Zelensky, at the second anniversary, has brought the spotlight back on arms manufacturers. BAE Systems' announcement of its…
Japanese stocks surpass record highs set during 1980s boom
Japan's stock exchange reached its highest level ever, surpassing that of the late 1980s bubble economy and marking a symbolical recovery after 34 years of stagnation.
The Nikkei Average of the top 225 Japanese companies closed on…
Nvidia declares AI ‘tipping point’ as quarterly revenues jump 265%
Nvidia's shares surged on Wednesday night, after the company announced a 265 percent increase in quarterly revenues and forecasted even higher sales due to an artificial intelligence spending frenzy.
The fourth quarter revenues were…
Currys’ largest investor warns of UK Stock Market Decline
Currys' top investor cautioned that international companies will start looking closely at London businesses, following a bidding war involving the electronics retailer.
Redwheel, which owns 14.6pc shares in Currys said that it was…
Shares of Arm are up almost 50% due to AI demand
Arm shares soared almost 50% on Thursday, after the UK chip manufacturer reported higher revenues, boosted by a strong demand for artificial Intelligence.
SoftBank-backed Arm raised its outlook for earnings after it reported revenue of…
Hipgnosis shareholders support £20m in sweetener to be added to the music sale
Shareholders of Hipgnosis Songs Fund overwhelmingly supported a board proposal that would pay a fee up to £20million to potential suitors to increase the appeal of bidding on its music assets.
A special resolution was passed at an…
Digital 9 sinks due to antitrust concerns
On Thursday, the decline in Digital Nine Infrastructure shares continued and the stock ended the session at the lowest price ever recorded.
The data centre and wireless network infrastructure investor's share price dropped after the…