Allen & Overy profit soared past £1bn before merger with Shearman July 12, 2024 Allen & Overy profit before tax jumped nearly 20 per cent to £1bn before the merger with US firm Shearman & Sterling
System1: US sales soar as demand for advert testing continues to grow July 12, 2024 Ad testing firm System1 has seen its revenue soar following a jump in its US sales, marking an "exceptionally strong" start to its financial year.
London’s latest luxury hotel and club set for former royal residence July 12, 2024 A historic landmark in London's Mayfair, which used to be a royal residence, is set to open as a new luxury hotel next year, it has been confirmed.
Balanced Commercial Property Trust sheds more offices amid ‘challenging’ market July 12, 2024 The commercial property investor Balanced Commercial Property Trust has shed more offices as part of its strategy to focus more on the food and beverage sector.
Premier Milton: Demand for UK equities still ‘weak’ July 12, 2024 In a trading update covering the third quarter, Premier Milton reported that its AUM stood at £10.6bn at the end of June.
Pressure mounts on Biden to quit after he calls Zelensky ‘Putin’ and his own VP Harris ‘Trump’ July 12, 2024 US President Joe Biden had a few slip ups at press conference following Nato Summit, as he battles calls from within his own party to step down.
Softbank snaps up Graphcore in AI push July 12, 2024 British chipmaker Graphcore has been snapped up by Softbank.
Ashmore: Billions pulled from fund manager as risk appetite remains ‘subdued’ July 12, 2024 "Investor risk appetite remains subdued and institutional decisions to reduce Emerging Markets exposure continue to drive net outflows," Ashmore said in a trading update.
High interest rates and the election dampened London prime property market July 12, 2024 It was a slow June for London prime property, with transactions down 17 per cent compared to the same month last year. Analysts have blamed the general election for the dip in demand, as buyers waited for certainty and stability before investing in property. “A lot of buyers postponed plans due to a combination of [...]
FTSE 100 today: London markets set for third consecutive day of gains July 12, 2024 Asian stocks slipped as US tech shares fell, and the two-year Treasury yield dropped to a four-month low. Focus on US producer prices.