Gas prices in Europe doubled within 10 days, as traders remained on edge
The European gas price has doubled within 10 trading days. This shows that the market is still on edge, even though…
US restaurant chain tests appetite to IPOs with Cava Pops
The shares of US restaurant chain Cava nearly doubled in value on their New York debut Thursday. This success could…
Seven companies are driving the US stock markets rally
The stock markets of 2023 will not be as they appear.
Pessimists seem to be suffering at first glance. Investors…
Mortgage rates to rise for two of UK’s largest lenders
NatWest and Nationwide raise borrowing costs, increasing pressure on the government to control the cost of living…
Revolut Investor cuts book value by 40%
Molten Ventures, a venture capital firm, has reduced the value of its stakes in Revolut. It is the second investor…
Entain to purchase Polish betting operator STS Hits shares
Entain's shares fell this morning, after the FTSE 100 gaming group raised approximately £600 million in order to…
Shell increases dividends and abandons plans to reduce oil output
Shell's chief executive has tried to increase investor confidence by increasing its dividend, cutting spending and…
Robert Walters warns of recruitment sector’s profits
Robert Walters warned that its profits would be "significantly" lower than expected this year, which led to a steep…
Larry Fink, BlackRock’s CEO, predicts AI will solve the productivity crisis
BlackRock's Larry Fink predicted that "transformative opportunities" for artificial intelligence would solve the…
The dollar-pound exchange rate has reached a 14-month high as the market is…
The pound has reached its highest level versus the dollar since April 20, 22. This is due to strong economic data…
VW Group’s flagship brand VW targets €10bn in cost savings by 2026
Volkswagen's flagship Brand aims to reduce costs by €10bn by 2026 in order to increase earnings on a market that is…
Vodafone and CK Hutchison have agreed to a UK mobile merger
Vodafone and Three's owner CK Hutchison warned that vital investment in 5G networks would be curtailed unless the…
WE Soda withdraws £7.5bn London IPO, a blow to the City
WE Soda's plans to launch a $7.5bn London IPO have been abandoned, a blow to the UK equity capital markets which…
Rishi Sunak is under pressure after HSBC increases mortgage rates a second time…
HSBC has raised mortgage rates for a second time in a row. Other lenders are expected to follow suit, increasing…
Federal Reserve announces two additional rate increases but skips the current one
Powell defends decision to pause tightening campaigns in the face of persistently higher inflation .The Federal…
Y0! Zensho buys Sushi Owner for $621m
The Yo! The Yo!
Zensho Holdings, a Tokyo-based company, is buying Snowfox Group from Mayfair Equity Partners –…
British Gas’s huge profits fuel a row about energy bills
The regulator has increased the price cap in order to compensate for setting it too low previously. Profits are…
Sainsbury’s, Asda and land banking ‘harmed customers’
Sainsbury's, Asda and the Competition Watchdog have both been accused of breaking land-use laws in order to prevent…