Private sector investment central to Labour’s plan for Britain, Reeves to tell Davos January 17, 2024 Private sector investment is the “lifeblood of economic growth” and central to Labour’s ambitions for Britain, Rachel Reeves is set to say at Davos.
Arm aims for £41bn valuation in IPO September 5, 2023 Cambridge-headquartered chip designer Arm is targeting a valuation of up to $52bn (£41bn) in its upcoming initial public offering in New York, the company said today.
FTSE 100 live: Flat morning in London as miners and gloomy retail sales offset consumer gains April 21, 2023 The FTSE 100 struggled to get off the mark in early trading on Friday as losses for industrial miners and gloomy retail sales data offset gains for some consumer and healthcare stocks.
The Notebook: Falling fares spell trouble for airlines while Big Tech set for monster quarter July 24, 2024 Where the City’s movers and shakers get a few things off their chest. Today, it’s Victoria Scholar, head of investment at Interactive Investor, with the pen, talking airline stocks, Big Tech earnings season and her summer listening picks Turbulence at Ryanair, BA and Easyjet Airline stocks are having a turbulent time. Just on Monday, shares [...]
Mark Carney’s net zero group disputes data showing only 7 per cent of banks’ energy financing goes to renewables January 24, 2023 Only seven per cent of global banks’ energy financing between 2016 and 2022 went towards renewable energy projects, according to new data, although Mark Carney’s net zero financial coalition has disputed the claim. A report by a group of campaign groups, including BankTrack and Rainforest Action Network, indicates “major failings” by financial institutions to help [...]
Goldman Sachs reaps rewards from dealmaking rebound as profit doubles July 15, 2024 Other major US banks have already reported a substantial increase in revenue from the traditionally volatile sector.
Crispin Odey files defamation lawsuit against the Financial Times May 30, 2024 Crispin Odey has launched legal proceedings against the FT according to court filings.
Why Whatsapp fines and data fears are reviving the ‘work phone’ January 23, 2024 Regulators have been clamping down on Whatsapp use in financial services - now the work phone may be making a combeack.
Stellantis revenue jumps 14 per cent as it outlines plan for more electric cars May 3, 2023 Stellantis, the owner of Peugeot and Fiat, saw net revenue climb to €47.2bn (£41.6bn), up 14 per cent compared to the first quarter of last year, the firm said today. The increase was partly driven by a 22 per cent increase in electric vehicle sales globally. In Europe, orders were up six per cent, which [...]
Pacwest shares climb after it announces sale of £2.1bn real estate portfolio May 22, 2023 Pacwest shares rose in pre-open trading today after it confirmed the sale of a portfolio of real estate loans worth $2.6bn (£2.1bn).