Rolls-Royce shares top the FTSE 100 despite Cathay Pacific engine issues September 3, 2024 Cathay Pacific was forced to ground fleets for inspection after it discovered a "first of its type" component fault in one of its Rolls-supplied engines.
European VC firm Redalpine opens London office after £151m fundraise August 27, 2024 European venture capital firm Redalpine has raised $200m (£151.3m) for its largest ever fund, Redalpine capital VII, and opened a new office in London. Founded in Switzerland in 2006, the company has been the backer of companies like Klarna, tax filing software Taxfix and German neobank N26. Redalpine has also funded more than 10 UK-based [...]
McIlroy says ‘stars are aligning’ as he eyes end to 10-year major drought at US PGA May 13, 2024 Attention now turns to Valhalla, scene of his last major triumph at the 2014 US PGA Championship.
London widens lead over New York in green finance rankings October 24, 2024 London has kept its title as the world’s top centre for green finance for a third year, according to an influential think tank, as New York fell further down the rankings.
The departure of the super rich is an early warning siren for the rest of us September 18, 2024 Marcelo Goulart, managing partner at the Zurich-based wealth advisor First Alliance, has been so busy helping his clients leave the UK that he’s had no summer holiday. He tells City A.M. that 80 per cent of his “UK exposed” clients have either left the country or are in the final stages of doing so. He [...]
Rejoice! City Airport ditches liquids and laptops rule – and Heathrow might be next April 4, 2023 No longer will Zurich-bound early-morning flyers need to dig out their laptop at airport security at London City – with scanners allowing passengers to keep their electronics and liquids safely tucked away in their hand luggage. The airport has introduced C3 scanners which effectively take high-res, 3D images of what’s inside a bag. The airport’s [...]
UBS to launch new share buyback as Credit Suisse deal continues to pay off April 2, 2024 Swiss banking giant UBS has promised to launch a new share buyback programme of up to $2bn, after suspending its previous plan last year following its acquisition of former rival Credit Suisse.
Tech giant IBM kicks off London legal fight with Swiss software firm Lzlabs April 29, 2024 Tech giant IBM is kicking off its legal battle against Swiss software company Lzlabs in the English High Court today over allegations of reverse-engineering
London keeps spot as world’s top green finance centre as New York toppled from second place April 23, 2024 London has been named the world's top centre for green finance for the fifth time in a row, according to a new survey, as Swiss cities topple New York from second place.
Airport liquid rule: Why UK and European airports are keeping the 100ml limit September 2, 2024 European airports are bringing back back into force the 100ml liquid limit due to a "temporary technical issue" with newly installed security scanners.