Elon Musk: Battle over £44bn payday looking tougher for Tesla boss May 27, 2024 Tesla is facing a shareholder revolt over plans to award boss Elon Musk a record-breaking $56bn (£44bn) bonus, with the firm's second-largest investor behind Musk himself now advised to block the deal.
Filtronic shares soar 52 per cent after landing Spacex deal and raising guidance April 24, 2024 Shares in microwave technology firm Filtronics soared as much as 52 per cent on Wednesday morning after it unveiled a new long-term deal with SpaceX's Starlink platform that could make Elon Musk's company a major shareholder.
Baillie Gifford’s Schiehallion offsets concerns about private company values with NAV growth April 4, 2024 Schiehallion, the Baillie Gifford fund, has reported that its discount widened last year amid negative market sentiment towards its investments and challenging macroeconomic conditions.
World’s richest people revealed as top 20 add $700bn to their wealth April 2, 2024 The world's 20 richest people have added around $700bn to their combined wealth over the last year, according to Forbes latest rich list.
Worst corporate jargon of the week: Blue sky thinking March 28, 2024 City A.M.'s stand against corporate jargon this week takes aim at blue sky thinking, domain of self-help gurus who we'd rather see on Mars.
Bologna is the REAL food capital of Italy – here’s why March 27, 2024 A weekend break in Bologna will always be about the food – with its UNESCO porticos and unique cuisine it's Italy's biggest secret
Meet the fund managers: Investing in the American dream March 25, 2024 In this new weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Gary Robinson, fund manager of Baillie Gifford US Growth Trust
What could Elliott’s stake in Scottish Mortgage mean? March 24, 2024 News emerged last week that US hedge fund and activist investor Elliott Investment Management has taken a £600m stake in Scottish Mortgage Investment Trust. But what could this mean for the trust? The 5.04 cent stake now makes Elliott the largest shareholder in the Baillie Gifford-managed trust. The second largest investment trust in the UK, [...]
Elon Musk files lawsuit against OpenAI and Sam Altman amid regulator scrutiny over Microsoft March 1, 2024 Elon Musk has taken legal action against OpenAI and its chief executive, seeking to force it to return to its founding principles over profit.
US lands on moon for first time in 52 years with spacecraft the size of a red phone box February 23, 2024 Intuitive Machines’s Nova-C Odysseus lander touched down on the Moon at 23.23pm UK time on Thursday.