Shares of Arm are up almost 50% due to AI demand
Arm shares soared almost 50% on Thursday, after the UK chip manufacturer reported higher revenues, boosted by a…
Hipgnosis shareholders support £20m in sweetener to be added to the music sale
Shareholders of Hipgnosis Songs Fund overwhelmingly supported a board proposal that would pay a fee up to…
Unilever increases prices to combat cost of living crunch
As the cost of living continues to rise, shoppers are turning away from Unilever brands of ice-creams, condiments,…
British American Tobacco cuts stake in India’s ITC following $17bn loss
The London-listed manufacturer of Lucky Strike cigarettes and Dunhill cigarette is looking to reduce its £15…
Oxford friends share eight-figure payouts when Americans buy their company
A technology company powered by AI founded by three Oxford University grads will be acquired by a US group, making…
SoftBank retorts, vowing to pursue new AI investments
A leading tech investor in the world has announced a profit for the first quarter since more than a full year. This…
Digital 9 sinks due to antitrust concerns
On Thursday, the decline in Digital Nine Infrastructure shares continued and the stock ended the session at the…
AstraZeneca predicts double-digit growth for another year
AstraZeneca's long-serving chief executive vowed that the future of Britain’s largest drugs group was "never…
China’s rising prices create uncertainty amid the property crisis
The pace of inflation in China is the lowest since the financial crisis. This has led to concerns about the…
The new battery technology could allow electric cars to travel 1000 km on a single…
Scientists say that a breakthrough in lithium-ion batteries using small silicon particles and gel polymers could…
Britain could have a commercial nuclear fusion reactor “as early as the…
STEP's engineer hopes to win the race against global rivals for clean, limitless power.
According to the…
Uber’s first operating profit turns the corner
Uber Technologies reported its first annual operating profit in history. The demand for its ride-sharing business,…
Dutch-style mortgages are now available in the UK
New Dutch-style lenders are releasing fixed-rate mortgages with rates that automatically decrease as the borrowers…
High street battles back against online retail failures
As the "pendulum is swinging back to brick-and-mortar retailers", the number of online-only retail stores going…
Sainsbury’s continues its evolution with the mantra ‘Food First’
Industry experts have described the new Sainsbury’s strategy as "more evolution rather than revolution".
Simon…
The merger of Barratt with Redrow creates a “resilient” powerhouse
Barratt Developments agreed to a £2.5 billion deal with Redrow. This will allow it to cement its position as one of…
BP boss: AI will cause global gas demand to surge.
The head of BP predicted that the AI revolution would trigger a global demand surge for fossil fuels. BP said it…
Canary Wharf office suffers 60% loss in distressed sale
Canary Wharf's office building, which fell into receivership in 2013, will be sold for 60 percent less than its…