The British government has secured a pivotal ‘golden share’ in Royal Mail, clearing the path for a £3.6 billion takeover by Czech billionaire Daniel Kretinsky’s EP Group. This landmark agreement,
The British government has secured a pivotal ‘golden share’ in Royal Mail, clearing the path for a £3.6 billion takeover by Czech billionaire Daniel Kretinsky’s EP Group. This landmark agreement,
Tesla shares posted their largest one-day increase since 2013, after the world’s biggest electric vehicle manufacturer reported a higher than expected quarter profit. The company also forecasted “slight growth in
Goldman Sachs, Apple and the US Consumer Finance Watchdog have been fined more than $89mn for “illegally sidestepping” their obligations towards customers of their joint credit card business. The fines
Tesla shares soared Wednesday after the company reported a higher-than-expected quarterly profit. The company also forecasted “slight” growth in deliveries in 2019 and a large jump in 2025. This performance
This year, share buybacks at mainland China’s largest exchanges reached a new record as Beijing pushed companies to return cash back to shareholders in an effort to revive the flagging
Rentokil Initial (FTSE 100), the pest control company, has reported slightly better-than-expected performance in the US, as it continues to integrate Terminix, its North American business acquired in a £4.5
Boeing is planning to raise as much as $25 billion through the sale of bonds and shares. The aircraft manufacturer, which faces a cash crisis due to a strike that
The deputy chairman at Dunelm sold £114m of shares to a discount, but he says that he is “fully committed” to Britain’s largest homewares retailer. Sir Will Adderley, the son
According to reports, the founder of Revolut – one of Europe’s most valuable technology firms – has sold shares in the company worth up $300m (£230m). Nik Storonsky is the
The shares of BMW fell after the automaker announced it would have to recall 1,5m vehicles due to a brake problem. This will cost it nearly €1bn. The German manufacturer
John Textor may offer Everton supporters the opportunity to purchase shares if he is successful in his bid of £600m to take control away from Farhad Moshiri. The American is
Donald Trump’s social media venture has experienced a dramatic reversal of fortune on the stock market. Shares in Trump Media & Technology Group (TMTG), the parent company of Truth Social,
In a significant development that has impacted the property sector, FTSE 100 company Segro has announced a £552 million all-share takeover of its smaller rival, Tritax EuroBox. This unexpected move
The co-founder of Hargreaves Lansdown, Stephen Lansdown, has expressed doubts about the fairness of the £5.4 billion agreed bid price for the UK’s largest DIY investment platform. While he believes
The Financial Conduct Authority (FCA) is taking action against unregulated firms that facilitate investment deals for private companies without proper regulatory permissions. This move comes as entrepreneurs increasingly turn to
The world’s largest aerospace and defense companies are projected to accumulate unprecedented levels of cash over the next three years, driven by a surge in government orders for new weapons






