The threat of a listing exodus must spur on bolder risk-taking city view Just as the arrival of Shein onto London’s equity markets, and the Raspberry Pi float, are more indicative of individual company circumstances than a wider trend, so too would be Ashtead’s departure from London – if they choose to move ahead with it. This is a company after all which, though listed in the capital, [...]
India beat Pakistan in T20 Cricket World Cup as bowlers shine thriller? India’s bowlers won them the biggest match in cricket with Pakistan failing to take advantage of a superb first innings at the T20 Cricket World Cup yesterday. Pakistan restricted India to just 119 in New York but a stunning effort with the ball gave the favourites a six-run win over their fierce rivals. Captain Rohit [...]
Tables turned? Cambridge pharma firm launches hostile bid for New York-listed peer Pharma Vanda Pharmaceuticals, based in Washington DC, confirmed the receipt of Cycle’s “unsolicited, non-binding indication of interest” and stated it would carefully review and evaluate the proposal.
London retains title as tech capital of the world as Oxford and Cambridge close in on New York May 30, 2024 A closely-watched league table has once again named London the tech capital of the world, while Oxford and Cambridge are closing in on New York.
Wimbledon in New York? British tennis Championships return to Big Apple May 28, 2024 New York will have a Wimbledon fan zone yet again after The Hill was recommissioned for a third year. Moving to a bigger venue on the banks of the East River, 3,500 fans will be able to tune into the each day’s play at the All England Club. Sally Bolton, Chief Executive of The All [...]
Admiral Acquisition becomes latest firm to exit London Stock Exchange after £1.48bn deal May 22, 2024 Admiral Acquisition has become the latest company to announce it will leave the London Stock Exchange for New York, after buying US engineering business Acuren for $1.85bn (£1.48).
Arm shares droop as US-listed British chip designer misses ‘thin’ margin for error May 9, 2024 British chip designer Arm has seen a boost in revenue thanks to soaring demand for AI across the global economy.
A&O Shearman: the mega law firm merger goes live today. Here’s what you need to know May 1, 2024 The most highly anticipated merger in the legal sector formally completes today, operating under a new name A&O Shearman.
London was voted best place to work – but play matters too April 25, 2024 This time next week, London will be voting for its Mayor. It has not been a vintage campaign but perhaps the negativity apparent across the political spectrum may soon give way to some optimism about the capital’s prospects. A closely watched annual survey pegged London as, again, the best place to work. And indeed play. [...]
After its latest deal, could JD Sports be the next FTSE 100 company to move to the US? April 23, 2024 A decision by JD Sports to pick up an American listed retailer will increase North America’s share of group sales from approximately 32 per cent to approximately 40 per cent.