Whitbread, owner of the Premier Inn chain, is under mounting pressure to separate its business following a significant move by US activist investor Corvex Management. Corvex has recently revealed a
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BP is set for a major strategic overhaul as Meg O’Neill is appointed chief executive, succeeding Murray Auchincloss in a surprise change that has triggered fervent investor reactions. The move
Smiths Group, a constituent of the FTSE 100, has completed the sale of its airport security scanner business for £2 billion to CVC, marking another significant step in its restructuring
Allwyn International, operator of the UK National Lottery, is on the cusp of a major transformation as it prepares for a merger with its Greek subsidiary Opap, positioning itself to
Markets opened cautiously as investors awaited results from Nvidia, the world’s largest chipmaker and a pivotal force in this year’s artificial intelligence equity rally. Futures pointed to modest gains at
Global equity markets registered significant declines on Tuesday as a continued sell-off shook investor confidence. Sentiment was influenced in part by anticipation surrounding Nvidia’s upcoming earnings report, a crucial moment
WPP, Britain’s advertising heavyweight, is drawing significant takeover speculation following a difficult year that threatens its place in the FTSE 100. French rival Havas, led by the Bolloré family, is
Land Securities has revised its rental income outlook upward, attributing the change to robust performance across its office and retail holdings. The FTSE 100 property firm now expects like for
Ivan Arriagada, chief executive of the FTSE 100 copper giant Antofagasta, is staking significant ground on the future of copper as global industries pivot towards electrification. Meeting for lunch at
Burberry has reported its first quarterly sales growth in two years, bolstered by a significant recovery in the Chinese market and renewed interest from younger consumers seeking authentic British luxury
Diageo saw its market value rise by approximately £2 billion following the announcement that Sir Dave Lewis would become chief executive of the FTSE 100 drinks group. The appointment comes
AstraZeneca has recorded its highest quarterly revenue to date, achieving a ten per cent increase and surpassing analyst expectations. The FTSE 100 pharmaceutical group announced total third quarter revenue had
The chief executive of BP has asserted his confidence in delivering a long-awaited turnaround for the energy giant, even if oil prices decline further. After a year marked by a
Coca-Cola HBC has unveiled plans to acquire a 75 per cent controlling stake in Coca-Cola Beverages Africa (CCBA), marking a transformative move in the global soft drinks sector. The deal,
EasyJet has emerged as a focus of intense merger speculation after its low market valuation drew the attention of potential bidders, sparking fresh interest across the aviation and investment sectors.
AstraZeneca, the United Kingdom’s most valuable publicly listed company, has secured the backing of leading shareholder advisory groups for its proposal to achieve a direct listing on the New York
