The number of US banks that are weaker has increased as NYCB’s capital…
Regulators warned that the number of US problem banks has increased by 18%, while New York Community Bank, led by…
Virgin Money to be acquired by Nationwide for £2.9bn
Nationwide Building Society reached an agreement with Virgin Money to purchase it for £2.9bn. This deal would make…
Gold prices surge to record highs
Gold's price has soared to record levels, driven by investors looking for safe havens and central banks.…
Consumer groups warn that the merger of Capital One and Discover is a dangerous…
Campaigners have urged regulators to stop Capital One's $35bn acquisition of Discover. They say that the deal is…
Shein UK violates company law for failing to disclose the human owner
The UK division of fast-fashion firm Shein failed to disclose the ultimate owner, which is a violation of company…
AstraZeneca builds £450m vaccine center in Liverpool as boost for UK
AstraZeneca will spend £650m to build a new factory for vaccines in Liverpool, and upgrade research labs at…
M&A market is thawing, bringing hope for City deals
Morgan Stanley says that the City deal drought is about to end as central banks begin to lower interest rates. This…
OpenAI responds to Elon Musk’s lawsuit with troves of emails
OpenAI has responded to a lawsuit filed by Elon Musk. The suit claims that Musk walked away after failing to gain…
888 is considering cutting its losses in America
William Hill's owner is considering leaving the US gambling market because of "intense" competition and high…
L&G’s need to shelter from economic headwinds becomes more urgent
Antonio Simoes told his colleagues in the weeks leading up to his formal debut as the new Chief Executive of Legal…
Greggs is the breakfast favorite, beating McDonald’s
Greggs' steak bakes and sausage rolls are still popular in Britain, even after Greggs dethroned McDonald's as the…
Spirent to be acquired by US rival for £1bn
Spirent Communications, a London-listed company, has become the latest target for a takeover after its board backed…
Monzo bucks the trend and hits £4bn valuation
Monzo, a digital bank, has defied the downward trend in fintech valuations to secure a £4billion price tag for its…
Harland & Wolff selected for Falkland Islands Port Project worth £120m
The Falkland Islands government has selected the shipyard responsible for building the Titanic as its preferred…
IWG revenue reaches £3.3bn record thanks to hybrid working demand
IWG, the owner of Regus serviced offices, saw its revenues reach a record £3.34billion last year, as it benefited…
Gazprom to sell North Sea Gas Assets
Gazprom, the Russian gas company, plans to sell off its stakes across North Sea assets. It faces compensation…
Argentina’s neighbors come to its defense in the fight over $16bn US…
Brazil, Chile, and other major South American economies are calling on a US appellate court to reverse a…
BT’s analyst call has helped BT to regain the trust of investors
Berenberg has issued a call to investors who have suffered for BT. Berenberg questioned whether the shares of the…