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
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Trump Media and Technology Group, the entity behind Truth Social, has announced a strategic pivot with the proposed merger of TAE Technologies, a company specialising in fusion energy. The six
UK retail magnate Mike Ashley has pledged approximately £670 million worth of shares in Frasers Group as collateral for a personal loan facility with HSBC. According to a recent stock
Ocado Group, the UK based grocery delivery and retail technology firm, will receive a 350 million dollar payment from its principal American partner Kroger following the US supermarket giants decision
Anthropic, the London based artificial intelligence firm founded in 2021 by former OpenAI staff, is positioning itself for what may become one of the most notable stock market flotations in
HP Inc plans to reduce its global workforce by between 4000 and 6000 employees by 2028 as it accelerates the integration of artificial intelligence technology across its operations. The initiative
Nvidia has cemented its place in technology history, achieving a record breaking £5 trillion market valuation this week. The landmark comes as CEO Jensen Huang concluded a series of planned
Getting a mobile signal in Britain’s remotest corners is set to become significantly easier as Virgin Media O2 clinches a pioneering deal with Elon Musk’s Starlink satellite network to address
OpenAI has completed a sweeping corporate restructuring that values the firm at a staggering $500 billion dollars and brings Microsoft’s ownership of the ChatGPT maker to a substantial 27 per
Savers across the UK may be poised for a significant shake-up in how their Isa allowances work as the Chancellor prepares to encourage investment in British shares. Sources close to
Pakistan International Airlines is preparing to resume direct flights to Britain for the first time in over five years, following the lifting of a ban imposed after a scandal surrounding
As the FTSE 100 and FTSE 250 indices opened broadly flat this week, Aston Martin’s share price drew sharp attention for all the wrong reasons. The iconic carmaker, which fancied
RingGo, Britain’s largest parking app, has reported record takings of £38 million in parking fees, following a government decision to postpone a new platform intended to cut costs for motorists.
London’s capital markets are showing long-awaited signs of revitalisation, with two significant flotations indicating renewed confidence and activity after a period of stagnation. The Italian-owned Princes Group, renowned for its
Harrods, the renowned luxury department store in Knightsbridge, has confirmed it suffered a significant data breach impacting nearly half a million customers. The incident, which took place last week, underscores
Russian prosecutors have been instructed to take control of KDV Group, the multibillion-rouble food empire built by Denis Shtengelov, a Siberia-born entrepreneur now residing in Australia. The sweeping move, worth
