The Parliament’s pension fund has attracted significant criticism for its recent investment choices. It has been revealed that the fund is heavily investing in Chinese technology giants while simultaneously excluding
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Smithson Investment Trust, once heralded as a premier investment vehicle, is undergoing significant changes following the announcement that 59 per cent of its shareholders have opted for a cash exit.
Warren Buffett’s Berkshire Hathaway has disclosed a substantial investment in The New York Times, amounting to $352 million. This announcement came during the three months leading to December, marking one
Gary Nagle, the chief executive of Glencore, has voiced a pressing need for consolidation in the mining sector. He argues that smaller mining companies are struggling for visibility and relevance
A London-based technology company, Fyld, has successfully raised £32 million to enhance its operations in the United States. The firm, which focuses on providing safety solutions for civil engineering and
A British satellite company has successfully raised 30 million in funding, supported by the Nato Innovation Fund, as the UK intensifies efforts to advance its position in the competitive space
John Lewis has unveiled plans to bring back Topshop to the high street, marking a significant moment in British retail. The fashion brand, which suffered a decline following its owner
BrewDog, the craft beer pioneer, finds itself embroiled in significant financial challenges, as its private equity owner seeks a rapid sale of the company. The brand, known for its bold
The historic investment management firm Schroders has agreed to sell itself to the American asset management group Nuveen for £9.9 billion in cash. This acquisition is set to create a
The global financial landscape is witnessing a significant shift towards sustainable investment strategies. The growing awareness of environmental, social, and governance (ESG) issues has motivated investors to re-evaluate their portfolios,
An activist investment firm has acquired a $200 million stake in Warner Bros Discovery, urging the entertainment giant to reconsider its $83 billion deal with Netflix. Ancora Holdings, based in
A London-based technology firm, Tem, has secured $75 million in a funding round led by US investor Lightspeed Venture Partners. The investment values the four-year-old company at approximately $300 million
BP has made the decision to suspend its share buyback programme while also increasing its target for cost reductions. This strategic shift comes as the oil major faces mounting pressure
Major technology and software companies have witnessed significant declines in stock value, with fears surrounding their substantial investments in artificial intelligence. This week, over one trillion dollars has been wiped
The Dow Jones industrial average reached a record high of 50000 for the first time, marking a significant milestone for one of the world’s leading equity indices. This achievement came
Alphabet, the parent company of Google, has announced ambitious capital expenditure plans for the year, targeting between 175 billion and 185 billion dollars. This move showcases the company’s aggressive approach
