Rio Tinto completes sale of Cortez Gold Royalty for $525 million in cash August 2, 2022 Rio Tinto has completed the sale of a package of royalties, including a stake in the Cortez mine operational area to RG Royalties in a $525m deal.
Energy giants fuel London indexes ahead of government white paper April 5, 2022 London’s top indexes were boosted by investors pouring into energy stocks yesterday ahead of the UK government publishing its much-awaited energy strategy. The capital’s premier FTSE 100 index rose 0.72 per cent to 7,613.72 points, while the domesticall-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, edged 0.13 [...]
Clarkson expects to beat market expectations with at least £65m profit December 6, 2021 Shipping services provider Clarkson anticipates it will outperform market expectations, with an underlying profit of at least £65m.
FTSE 100 today: London markets set to open lower as rate cut anxiety weigh May 30, 2024 Rate cut anxiety triggers Asian stock slump, mirroring Wall Street. Salesforce drops 15%. Focus shifts to US Q1 GDP and Auto Trader.
Truelayer: Fintech unicorn boss says ‘scale is everything’ as he takes on Visa and Mastercard June 30, 2024 The chief executive of fintech unicorn Truelayer has suggested bottom-line profitability and a potential IPO are some ways off as he focuses on scaling up to challenge Visa and Mastercard’s payments duopoly.
The Notebook: Neil Bennett on leaky deals, an archaic City ritual and a podcast with a point July 19, 2023 In his latest column for City A.M., the former journalist and now global co-CEO of advisory and communications firm H/Advisors gives his take on the Square Mile’s latest Deal leaks are part of the City’s plumbing A few days ago my firm, H/Advisors, published a survey about leaks, the financial information kind rather than plumbing [...]
XPS Pensions announces chairman exit and steady client growth amid regulatory changes April 21, 2022 London-listed firm XPS Pensions reported steady organic growth this morning, as well as announcing that its chairman, Tom Cross Brown, will be retiring in September. The firm reported growth across the board, with revenues growing eight per cent organically year on year. Advisory work has continued to see high client activity levels driven by continued [...]
New chairman for THG as Matt Moulding relinquishes role March 22, 2022 E-commerce retailer THG has named Charles Allen as its new chairman as Matt Moulding will continue as CEO at the beleaguered company. The company had previously declared it would split the roles of executive chair and CEO held by Matt Moulding. Allen, who has the same role at FTSE 250 construction giant Balfour Beatty, is to [...]
New PM must push through City reform for finance to flourish, lobby groups say August 10, 2022 The new prime minister must push through a swathe of reforms to the City if the UK is to regain its place as the “world’s foremost international centre of finance”, a top lobby group warned today.
Mark Kleinman: Elliott will need more to ‘Curry’ investor favour February 22, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the City talking in his weekly City A.M. column.