The world’s largest listed miner, BHP, has reported a significant shift in its profit generation, predominantly from copper for the first time. The company’s focus on expanding its copper operations
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Google’s parent company has announced plans to issue a 100-year bond in sterling, aiming to become one of a select few institutions capable of borrowing money for a century. This
The UK’s largest wealth manager, St James’s Place, has demonstrated resilience in the face of economic uncertainty, achieving nearly £22 billion in new business over the past year. The company’s
Partners at KPMG have overtaken their rivals at PwC to achieve the status of the second-best paid among the Big Four accountancy firms. This change comes as distributable profits per
BP has recently informed its shareholders that the company is preparing to account for write-downs amounting to 5 billion dollars on its green energy initiatives. This decision coincides with a
Diageo has reached an agreement to sell its majority holding in East African Breweries to Asahi for 2 point 3 billion dollars. This strategic move is part of Diageo’s ongoing
M&C Saatchi, the advertising giant established by Charles and Maurice Saatchi in 1995, is once again in the spotlight as its financial performance falters and speculation mounts about its future
In a move closely watched by the City, Associated British Foods ABF has signalled the start of a long anticipated review into spinning off its jewel in the crown Primark.
Zuber Issa, one of the billionaire brothers who built EG Group into a global petrol forecourt force, is urging the company to divest its $5 billion US business in preference
Sir Pascal Soriot, the chief executive of AstraZeneca, Britain’s most valuable public company, has privately expressed his desire to relocate the pharmaceutical giant’s stock market listing to the United States,
Microsoft has announced plans to lay off approximately 3% of its global workforce, equating to around 6,000 employees. The tech giant, based in Redmond, Washington, employed 228,000 full-time staff as
The AA’s chief executive has indicated there remains work to be done before any potential sale, despite the motoring organisation reporting its fourth consecutive year of growth. Jakob Pfaudler shared
Abrdn, the investment giant previously known as Standard Life Aberdeen, has announced it will revert to a simplified version of its former branding, renaming itself Aberdeen Group. This move marks
Berkshire Hathaway’s chairman Warren Buffett has staunchly defended the organisation’s unprecedented $334.2 billion cash holdings whilst reaffirming the company’s unwavering commitment to equity investments in his yearly shareholder letter. The
The financial landscape has transformed dramatically in the five years since Covid-19 first emerged from Wuhan, China. The initial market response to the virus was relatively measured, with investors maintaining
British oil giant BP has reaffirmed its commitment to operating more than 100,000 electric vehicle charge points globally by 2030, maintaining its course even as the company prepares to unveil
