Citi capitalises on investment banking rebound as Jane Fraser’s overhaul in focus July 12, 2024 Citi outperformed expectations in the second quarter as the bank was lifted by a strong investment banking performance and lower costs.
Vitalik Buterin’s vision for the future of Ethereum July 12, 2024 Vitalik Buterin, co-founder of Ethereum, offered a comprehensive perspective on the current state and future of the ETH blockchain at the Ethereum Community Conference (EthCC) in Brussels.
Dealmaking rebound helps JPMorgan to bumper profits July 12, 2024 JPMorgan benefited from a long anticipated recovery in dealmaking to deliver a big increase in profit compared to last year. The Wall Street giant reported net income of $18.1bn in the second quarter, up 25 per cent on the same period last year and ahead of analyst’s expectations. JPMorgan saw revenue rise by 22 per [...]
Ipsos Mori: Profit rises for UK General Election polling giant July 12, 2024 Profit rose at the UK arm of polling giant Ipsos Mori ahead of the UK General Election, newly-filed accounts have revealed.
FTSE 250 posts strong weekly gain as investors look at UK stocks with a ‘new pair of eyes’ July 12, 2024 "Investors are looking at the UK with the new pair of eyes and a bit more confidence," Julien Lafargue, chief market strategist at Barclays Private Bank, said.
Uniqlo pushes for third year of record profit despite China slowdown July 12, 2024 Uniqlo’s parent company Fast Retailing has raised its profit forecast for the year on strong domestic and overseas demand, despite a significant slowdown in Chinese demand. The company lifted its full-year operating profit forecast to 475bn yen (£2.3bn) for the year ending August, up from 450bn yen. Revenue rose to 86.8bn in the third quarter, [...]
Major disruption for Manchester’s Metrolink after ‘unstable land’ warning stops trams July 12, 2024 A major part of Manchester's Metrolink tram network has been suspended until further notice after unable land made it unsafe to run services.
London Stock Exchange eyes fresh listings as City regulator readies sweeping shake-up July 12, 2024 The London Stock Exchange could be in line for two new listings by the end of this year in a boost to the bourse as it prepares for the biggest regulatory shake-up in three decades.
Waitrose wine favourite puts vineyard up for sale July 12, 2024 A British rosé producer which supplies Waitrose has been put up its business and 33-are vineyard up for sale.
Sterling soars to multi-year highs as investors flock to ‘safe haven’ UK July 12, 2024 Higher interest rates benefit domestic currencies, because international investors are able to earn a higher return on their investments.