Bank of England Governor Bailey faces pressure to announce yet another rate hike
Threadneedle street's calls for drastic measures risk over-tightening an already fragile economy…
Buy-to-let landlords are pushed out of the rental market by city investors.
Experts have predicted that a "rising tide of City investors" will replace small-time landlords of buy-to-let…
BT’s £39bn Pension Fund Cuts UK Investments in a Blow to Hunt’s Big…
One of Britain's biggest pension schemes has slashed the amount of UK shares it holds, a blow for Jeremy Hunt…
The ‘Gatwick Gusher Oil Well’ faces its day of reckoning
It is not uncommon for pinstriped businessmen from Surrey to be involved in oil prospecting. One firm, however,…
Experts warn that the UK’s clean energy targets are not realistic.
Industry figures question ambitious plans by Labour and Conservatives to decarbonise grid .Energy experts have…
SVB Financial sells investment banking unit to Management Team
The SVB Financial Group and the Baupost Group announced on Sunday that they had reached an agreement to sell their…
OpenAI’s Mira Murati is the woman charged with bringing generative AI to the…
Mira Murati was OpenAI's Chief Technology Officer on the evening of 29 November. It was just like any other night. …
Italy removes Sinochem as Pirelli’s biggest investor
In response to concerns about Chinese interference, Italy stripped Sinochem's influence as the largest shareholder…
After a fractious vote, Switzerland passes a law to reduce carbon emissions
This weekend, Switzerland's commitment towards reducing carbon emissions was tested in a national vote which…
Antony Blinken, the British Foreign Minister, meets with China’s Foreign…
US Secretary of State Antony Blinken met China's Foreign Minister Qin Gang at the Chinese Embassy in Beijing. The…
AstraZeneca drafts a plan to spin-off China business amid tensions
AstraZeneca is planning to separate its China business from the rest of the company and list it separately on Hong…
The merger of Vodafone and Three for £18bn is being investigated
The Competition Commission has opened an investigation into the merger of Vodafone and Three in Britain, which was…
The buyback talk ignites Big Tobacco
Few investors in London quit their tobacco stock investments yesterday, despite reports that Big Tobacco was…
CAB Payments celebrates City’s plan to list on the London Stock Exchange
After the shocking decision of WE Soda, a cross-border payment group announced its plans to proceed with a London…
Music publishers sue Twitter $250m for unlicensed music
Twitter was sued by over a dozen music publishing companies for allegedly violating copyright laws by allowing its…
Bank of England warns corporate pension deal makers against relying on reinsurers
The Bank of England warned on Thursday that depending on reinsurers for help in meeting a surge of demand for…
The AI-driven trading firms are worried about the risks AI poses to profits
After a fake photo of an explosion near Pentagon caused a short sell-off on US stocks, hedge funds and other…
WE Soda pulled its IPO due to a combination of high valuations and a poor economy
Alasdair Warrren, the chief executive of WE Soda in the UK, has withdrawn his plan to make the largest producer of…