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Oasis is taking a bigger bite out of sandwich maker Greencore
Oasis management, an activist fund, has become Greencore’s largest shareholder. This puts pressure on the UK sandwich manufacturer to accelerate its turnaround plan following years of lax share price performance.
The Hong Kong fund,…
Li Ka-shing’s CK Infrastructure is considering secondary listing in London
Hong Kong's CK Infrastructure Holdings is being controlled by the family that controls the richest man in Hong Kong, Li Ka-shing. The company has been considering a secondary listing at the London Stock Exchange as the UK's reputation as a…
FCA to make biggest changes in London Stock Exchange listings since 30 years
City regulators are set to implement the most significant change in listing rules for three decades to attract and retain companies on London's equity markets.
Financial Conduct Authority (FCA) said that loosening the rules governing the…
After BlackRock deal worth £2.5bn, a British couple becomes wealthier than Larry Fink
The couple who built an outdoor theater on their Suffolk farm estate were catapulted to the top of Britain's Rich List after they made £2bn off the sale of their financial information business.
Mark and Lindy o'Hare who own a Grade II…
French stock market gains after betting Le Pen will not win majority
The European stock market rose today on signs that France's Hard-Right will not be able to win enough seats in the legislative elections for an overall majority.
On the bond market the premium investors demanded to hold French government…
London is now Europe’s biggest equity market, replacing Paris
Investors reacted negatively to the political turmoil in France since Emmanuel Macron announced snap elections.
Bloomberg data shows that the value of Euronext Paris stocks is about $3.13tn, after $258bn has been taken off the market cap…
London Stock Market: ‘Switch has now been flicked’
Peel Hunt's boss predicts a rebound in activity amid a'shift of sentiment'
According to the stockbroker who predicted last year a "doomsday loop" at the exchange, the London stock market is turning a corner.
Steven Fine, the chief…
Neil Woodford’s former team of stock pickers disbanded when demand for British shares plummets
The dissolution of the investment team led by Neil Woodford, whose London-listed stocks have been losing interest.
Invesco will merge its European division with its UK-based stock-picking unit from January.
As investor interest in…
Ashtead, a FTSE-listed company, is considering a £25bn transfer to the US as a new blow to London
One of Britain's most prominent blue-chip firms is considering a move from London to New York, which would be the biggest blow to the London Stock Exchange yet.
Ashtead is a FTSE 100 company that specializes in plant hire. It is…
Everton’s creditors battle to take over Premier League club
Everton Football Club creditors are fighting to buy the Premier League team from its British Iranian owner Farhad Moshiri. This is the latest twist after the failed takeover by 777 Partners.
People with knowledge of this matter said that…
LSE Chief pushes for big screens outside the HQ to celebrate market success
The London Stock Exchange is planning to install a screen in front of its Square Mile headquarters, to highlight the success stories of the market and to combat pessimism about its future.
Julia Hoggett LSE Chief Executive said that she…
After glitch, NYSE has canceled erroneous Berkshire Hathaway trades and other stocks
The New York Stock Exchange announced that it would cancel all erroneous trading after a technical problem led to the suspension of dozens US listed companies and exchange traded fund trades.
On Monday morning, Class A shares of Warren…
Golden Goose announces £2.6bn stock market listing
The Italian stock exchange is considering a floatation of the "dirty" luxury shoes worn by Taylor Swift. This could be worth more than €3bn.
Golden Goose, a company based in Venice, has announced that it plans to raise €100m by listing…
Ocado to be removed from FTSE 100
Ocado faces relegation to the FTSE 100 after a fall in its share price. This has increased pressure for the company, which is now considering moving from London to New York.
London Stock Exchange has said that the company is likely to be…
London stockbroker’s US operations shut after Deutsche Bank takeover
After reducing the value of Numis following a takeover, Deutsche Bank has decided to shut down the US operations.
The German lender will merge its New York headquarters with Numis Securities, a US subsidiary.
Numis employs 12 people…
Stay Ahead of the Game with Our Insightful Stock Market Summary
Dive into the world of small-cap movers and shakers with our comprehensive weekly stock market summary. From Powerhouse Energy Group's patent triumph to the soaring success stories of biotech and mining companies, we bring you the most…
Applied Nutrition’s £500m floatation plan is a boost for the London Stock Exchange
Applied Nutrition is preparing to float for more than £500 million, a sign that the London stock exchange, which has been battered by the recession, may be beginning to recover.
Tom Ryder, 40, founder of Liverpool's Applied Nutrition has…
Reddit Shares Soar After Announcing Partnership with OpenAI
In a move that sent Reddit (NYSE:RDDT) shares surging by 14% in after-hours trading, the social media platform announced a groundbreaking partnership with OpenAI, the creator of ChatGPT. This collaboration is set to revolutionize the way…