Almost £14 billion was wiped off the market value of London’s largest media and data companies, as fears emerged that artificial intelligence could undermine core segments of their businesses. Relx,
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Raghid Sandouk fled Syria for the UK in 2012 following a car bomb explosion outside his office. He has since returned to his home country to assist in its reconstruction.
GSK is evaluating potential cost-saving measures and manufacturing adjustments in Europe as it aims to invest in the launch of new products while moving away from older legacy drugs. City
In a significant move just days before the United States presidential inauguration, former President Donald Trump sold a substantial stake in his cryptocurrency enterprise valued at 500 million dollars. The
The largest shareholder in International Personal Finance has expressed strong objections to a £543 million takeover bid from a US-based company. This acquisition has sparked concerns that the London Stock
As the development of artificial intelligence accelerates, concerns have arisen about the implications for humanity. Dario Amodei, co-founder of Anthropic, has expressed alarm over the rapid advancements in AI and
Sales of ready-mix concrete in the UK have experienced a significant decline, dropping by 9.9 per cent in 2025, marking the lowest levels recorded in over seven decades. This downturn
OpenAI, the technology firm behind ChatGPT, is reportedly making preparations for a potential initial public offering valued at one trillion dollars. According to sources, discussions have commenced with investment banks
In a remarkable turn of events, the gold market experienced a brief decline, which saw over two trillion dollars wiped off its value in less than an hour. The price
Tesla has announced a substantial increase in capital expenditure for the year, exceeding £20 billion. This financial commitment aligns with the company’s strategy to enhance production capabilities for humanoid robots
Lloyds Banking Group, the UK’s largest domestic lender, is set to return over £3.1 billion to its investors following an impressive year of financial performance. The bank has announced plans
AstraZeneca has announced plans to invest $15 billion in China by 2030, aiming to enhance its manufacturing capabilities and expand research and development. This announcement comes during a visit by
Elon Musk is reportedly aiming for a mid-June initial public offering for SpaceX, coinciding with a rare planetary alignment. The listing could become the largest in history, with the company
A London-based artificial intelligence company, Synthesia, has seen its valuation soar to four billion dollars in just twelve months. This remarkable growth follows a successful funding round that raised two
The pound has surged by 0.8 per cent against the US dollar, reaching levels not seen since late 2021. This remarkable rise has brought the exchange rate close to one
In a notable shift within the investment landscape, one of the world’s largest money management firms has announced a reduction in its investments in the United Kingdom. This decision is
