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
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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
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
The Association of Investment Companies’ website recorded the most searches for City of London Investment Trust last year. The FTSE 250 firm with a market capitalization of £2 billion took
BP reported fourth-quarter profit ahead of expectations despite the fact that oil and gas prices have fallen from their highs at the start of the Ukraine war. The FTSE 100
Rank Group’s positive half-year performance prompted traders and bookmakers to place bets. Owners of Mecca Bingo & Grosvenor Casinos made a profit in the six months up to the end
One bank announced that the company was a possible takeover target on the same day Auction Technology Group reported a successful start to the new year. Analysts at Berenberg said
Oil giant accused of leaving shareholders £40bn worse off with unrealistic strategy After an activist investor claimed that they had left shareholders £40bn worse off, BP faces new demands to
After an Alaska Airlines flight made an emergency landing Friday, shares of Boeing and its parts supplier Spirit AeroSystems have dropped amid renewed concerns about the safety of Boeing’s 737
The weekend saw a dispute over a record £2bn payment of dividends to the owners and shareholders of Three, the telecoms company. It was claimed that this huge payout was
On Tuesday, Arm’s chief executive and owner met with Jeremy Hunt at Downing Street. At the same time, regulators announced reforms that could encourage Arm to have a secondary listing
Ryanair CEO Michael O’Leary will receive a €100mn Bonus due to the low-cost carrier’s shares reaching a new record. The shares rose to €18.99, which brings their gains for the
Qatar’s sovereign fund has reduced its stake in Barclays. The UK bank is under pressure to revamp its strategy and improve performance by investors. Qatar Holding, a subsidiary of Qatar
Farfetch shares fell as much as 50% on Wednesday despite reports its founder may take the luxury online retailer to private after its value plummeted. Farfetch was due to announce
Alex Chesterman, , the founder of Cazoo, will see his shareholdings in the company nearly wiped out when bondholders seize control of the online car seller. Cazoo bondholders agreed to swap
