Zoom increases revenue and profit forecast
Zoom's revenue and profit projections have been boosted amid a robust demand by companies looking to implement…
SSP sales soar in American airports
After a strong performance by its North American operations, the catering group behind Upper Crust & Caffe…
Patrick Drahi increases his stake in BT, but will not make an offer
Patrick Drahi, the telecoms tycoon who owns almost 25% of BT, has said he does not plan to make a bid for Britain's…
UK borrowing increases by more than expected due to higher debt bill
Inflation, which has remained stubbornly high, is forcing the government to increase its debt interest payments.…
Apple increases US chip sourcing through multi-billion dollar Broadcom deal
Apple and Broadcom have struck a "multibillion-dollar" agreement for the chip company to provide 5G components made…
Wagamama owner faces shareholder revolt over pay, appointments and promotions
Hedge funds that are activists have led a revolt among shareholders over the pay and appointments of executives at…
US Congress: How investment funds have become the new risk for insider trading
Steve Daines, a Republican from Montana, spoke at an hearing of the Senate Banking Committee in March of last year…
Bank of England says it has’very important lessons to learn’ after…
After the Bank of England failed to predict the recent rise in inflation, the governor of the central bank has…
UK’s inflation rate may fall at the fastest pace in 30 years
The UK's inflation rate will likely fall by the most in over 30 years on Wednesday when the April figures are…
Fund of $793 Billion Bets on US Debt Drama Rerun
PGIM Fixed income has spotted a chance to bet the next crisis as US politicians discuss ways to avoid a historic…
O’Leary: BP and Shell are racing to expand their European operations after…
Michael O'Leary claims that BP and Shell have "very high expectations" for investing in the EU following Brussels'…
Tufan Erginbilgic: Rolls-Royce’s core division was mismanaged
Rolls-Royce's new CEO has slammed the company for its poor performance. He said that one of their core divisions…
China bans Micron Products over Security Risk
China has banned the purchase of memory chips by operators of China's key infrastructure from Micron Technology.…
Dechra warns of profit warning after £4.6bn Takeover Talks
Dechra Pharmaceuticals warned that its earnings would be lower than expected, as it negotiates with a Swedish firm…
Facebook owner Meta fined €1.2bn for breaching EU privacy rules
Meta, owner of Facebook has been fined EUR1.2 billion, a record amount, for violating the European Union's data…
Mizuho agrees $550mn deal for boutique investment bank Greenhill
Mizuho agreed to purchase boutique investment bank Greenhill & Co for $550mn, betting on the struggling group's…
Ford secures lithium supplies in bid to secure EV batteries
Ford announced that it needed to close a $ 7 billion cost gap to compete with its competitors.
The carmaker is…
JPMorgan to spend $15.7bn on new initiatives, a ‘unmatched’ spending…
JPMorgan Chase plans to spend more than $15bn on new initiatives in this year, an amount that is "unmatched". This…