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US
Watches of Switzerland is urged by an activist to relocate their listing from New York to New York
Gatemore Capital Management, an activist investor, has called on Watches of Switzerland (formerly Watches of Switzerland) to move to New York and join the exodus of London listed companies.
Gatemore, the company that holds 1.9 million…
IMF warns Trump’s trade tariffs may damage the global economy, but it also upgrades UK outlook
The International Monetary Fund warned that the tariffs proposed by Donald Trump, the US presidential candidate, could harm global growth and upgraded its forecasts for the UK's economy.
The Washington-based organization said that…
Hunting reduces profit forecast as oil prices fall
Hunting has had to reduce its profit forecast for this year due to falling oil and gas prices, and a slowdown on the US Onshore Market.
The FTSE 250 company that provides oil and gas services said it expects its adjusted earnings to be…
IMF raises forecast for UK economy to 1.1% growth
The International Monetary Fund has given the UK one of the largest growth upgrades of any advanced country this year. This is a great boost for chancellor Rachel Reeves as she prepares to present her first Budget.
The Washington-based…
Gold prices continue to record highs amid geopolitical tensions
Gold's price has continued its strong rally, and reached a new high. Investors have flocked to gold as a safe-haven asset amid the expectation of more interest rate cuts by central banks.
Bullion reached a new record price of nearly…
Rentokil’s US performance exceeds expectations
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 billion deal two years ago.…
PwC pays British American Tobacco £132m for flawed audit
PwC paid British American Tobacco £132 million for its involvement in a "deeply faulty" audit of an affiliate of the tobacco giant, accused of dumping toxic chemical into two US rivers.
The UK manufacturer of Lucky Strike, Dunhill and…
Florida examines wreckage caused by Hurricane Milton
On Thursday, rescue operations began in Florida as officials assessed the damage caused by Hurricane Milton. The storm had crossed the state over night and left millions of people without electricity.
Florida Governor Ron DeSantis said…
US inflation drops to 2.4%, raising hopes for a base rate reduction
Last month, the consumer prices in America declined more slowly than anticipated as rising food and housing costs drove inflation.
According to the Bureau of Labor Statistics, the consumer price index (CPI), rose by 0.2 percent in…
Hurricane Milton hits Florida
On Wednesday evening, Hurricane Milton hit Florida's heavily populated west coast. The storm brought life-threatening floods and extreme winds for the second time within two weeks.
US National Hurricane Center reported that the cyclone,…
Diversified Energy believes in US listing as a way to reignite its fire
Diversified Energy, which joined London's junior oil and gas market seven years earlier, positioned itself as an unusual and unique prospect among the other oil-and-gas minnows. The American producer promised to give investors a bumper cash…
The Pound is on track to reach its highest level against the US Dollar since 2021
Goldman Sachs predicted that the pound will reach its highest level against the US Dollar since 2021, thanks to the UK's growing economy and the Bank of England lowering interest rate gradually.
The US investment bank predicted that the…
The Fed is expected to cut interest rates again, and traders are betting on this.
The US Federal Reserve is expected to cut interest rates again in November. This has led traders to increase their bets, boosting hopes that the US economy will avoid a recession. Investors think there is a 53 per cent chance that the Fed…
The US investor who quietly became one of Britain’s largest retail owners
Five years ago, Realty Income was a new American investment trust. Since then, it has quietly become one of Britain's largest owners of retail parks, shops and supermarkets.
Realty is a rare exception. While other investors are hesitant…
Avantis grows as demand for VR in US Schools increases
With the virtual-reality headsets from Avantis, students can travel back to the trenches of World War I or even into outer space. To oversee the Gloucester-based firm's fastest-growing US market, real-world sales teams still visit schools…
BP will sell American onshore wind farm
BP plans to exit the American onshore Wind Market with ten wind farms, as its new boss tries simplifying the business and boosting returns.
The FTSE-100 energy group is selling its existing US onshore winds farms. These wind farms span…
IWG’s shareholder demands that the company be listed in New York
One of Regus's largest shareholders has told the serviced office provider to "immediately" move its stock listing to the United States.
Buckley Capital Management stated that moving from London to New York could help boost IWG’s share…
Live Nation is in charge of everything: Tickets, venues and bands, bouncers and food.
Chappell Roane, the American pop sensation who is behind the hit song Pink Pony Club will be welcomed on stage by over 2,000 fans in Scotland next Sunday.
Most of them probably have never heard of Live Nation Entertainment, a major…