Smithson Investment Trust, once heralded as a premier investment vehicle, is undergoing significant changes following the announcement that 59 per cent of its shareholders have opted for a cash exit.
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IBM’s shares suffered a dramatic decline, plummeting 13.1 per cent on Monday, marking the largest single-day loss since the dot-com bubble burst in 2000. This downturn followed the announcement by
Aston Martin has issued its fifth profit warning since September 2024, announcing that earnings for 2025 will fall short of market expectations whilst simultaneously selling permanent naming rights to its
BAE Systems has announced record full-year sales and profits for 2025, highlighting the company’s strong performance amid heightened military tensions worldwide. The leading British defence contractor reported a significant 10
In a striking move within the financial landscape, Elliott Management, one of the world’s most prominent activist hedge funds, has recently established a stake in the London Stock Exchange Group.
St James Place, one of Britain’s largest wealth management firms, witnessed a significant drop in stock value as concerns over the impact of artificial intelligence on the industry intensified. The
Japan’s flagship stock index soared to a record high on Monday, reflecting a wave of optimism following the Liberal Democratic Party’s significant election victory led by Sanae Takaichi. This historic
Stock markets in Japan, South Korea, and Singapore have surged in recent years, contrasting sharply with the sluggish performance often cited in the UK. This dynamic shift prompts a closer
Concerns are rising that the Czech gambling group Allwyn, which operates the UK National Lottery, may opt for New York over London for its secondary stock market listing. This decision
The chief executive of the UK’s largest energy supplier has signalled a potential initial public offering for Kraken, a £6.4 billion software business, in London, contingent upon policymakers reversing the
The Dow Jones industrial average reached a record high of 50000 for the first time, marking a significant milestone for one of the world’s leading equity indices. This achievement came
Amazon’s shares plummeted on Thursday evening, reflecting a sell-off trend within the technology sector, following the company’s announcement of a substantial increase in spending on artificial intelligence infrastructure. The tech
Nick Train, the prominent stock picker behind the Finsbury Growth and Income Trust, has faced significant challenges recently. During a shareholder meeting, he acknowledged a dire performance over the past
Almost £14 billion was wiped off the market value of London’s largest media and data companies, as fears emerged that artificial intelligence could undermine core segments of their businesses. Relx,
The largest shareholder in International Personal Finance has expressed strong objections to a £543 million takeover bid from a US-based company. This acquisition has sparked concerns that the London Stock
Elon Musk is reportedly aiming for a mid-June initial public offering for SpaceX, coinciding with a rare planetary alignment. The listing could become the largest in history, with the company
