A leading biopharmaceutical business saw its shares tumble by almost 40 per cent after results from a trial of its much-anticipated weight loss pill failed to meet market expectations. Viking
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Shareholders of Banco Sabadell have given the green light to the £2.65 billion cash sale of TSB to Banco Santander marking a significant shift for the British high street lender.
Tesla has secured a significant £12.3bn partnership with Samsung to manufacture its forthcoming generation of artificial intelligence (AI) chips at the Korean firm’s new facility near Austin, Texas. This landmark
Blackstone has surpassed forecasts for its second-quarter profits, highlighting a resurgence in confidence across United States financial markets and a sharp revival in corporate deal activity. Following a notable slowdown
Brewdog has announced the closure of ten of its bars across the United Kingdom, including its flagship location in Aberdeen. The company, renowned for its craft beers, cited commercial viability
The world’s largest catering group, Compass Group, has solidified its position in the European market by announcing its acquisition of Vermaat, a Dutch rival, for €1.5 billion (£1.3 billion). This
Lord Ashcroft, the billionaire investor and former Conservative Party treasurer, is set to gain £67 million following the acquisition of Marlowe by Mitie, a larger competitor. The deal consists of
AstraZeneca, Britain’s largest pharmaceuticals company, has come under intense criticism after reports revealed the expansion of its operations in Russia, despite the ongoing war in Ukraine. Financial filings and investigative
Marks & Spencer has revealed that the recent cyberattack on its systems will cost the company £300 million, dealing a heavy blow to its bottom line and shareholder confidence. The
Ryanair, Europe’s largest budget airline, has recorded unprecedented passenger growth, carrying over 200 million customers in the financial year ending March 2025. This represents a 9 per cent increase from
Marston’s, the Wolverhampton-based pub chain, has announced a return to profit in the first half of its financial year. The company reported pre-tax profits of £19.5 million for the 26
Recent reports have sent shockwaves through London’s financial sector, suggesting that Denise Coates, founder of Bet365 and Britain’s richest woman, is considering selling the online gambling giant. Investment bankers across
Legendary investor and billionaire Warren Buffett has revealed his decision to step down as Chief Executive Officer of Berkshire Hathaway at the end of this financial year. The announcement came
The chief executive of the London Stock Exchange, Dame Julia Hoggett, has suggested that President Trump’s recent executive order banning Diversity, Equity, and Inclusion (DEI) initiatives could provide London with
Barclays has become the latest high street lender to slash its mortgage rates, now offering fixed rates below 4 percent. The bank’s move marks a significant shift in the lending
The boss of Tesco has issued a stark warning regarding an escalating price war among UK supermarkets, forcing the country’s largest grocer to implement significant cost-cutting measures and revise its
