Siemens Energy’s struggling wind unit eyes $436m in cost cuts November 21, 2023 Siemens Gamesa, the struggling wind division of Germany's Siemens Energy, plans to cut costs by around €400m (£349m) by 2026.
Broadcom plans to close $69bn VMWare deal after China approves takeover November 21, 2023 Broadcom said it planned to close its $69bn acquisition of cloud computing firm VMWare on Wednesday, wrapping up one of the biggest takeover deals in the technology industry that was closely scrutinised by regulators globally.
US seeks $4bn from Binance to end criminal probe November 21, 2023 The US Justice Department is seeking more than $4bn from Binance as part of a proposed resolution of a years-long investigation, according to a report.
Boost EV battery production to prevent decline of UK car industry, MPs warn November 21, 2023 Electric vehicle (EV) battery production must be incentivised to prevent the decline of the UK car industry, MPs warned.
David Cameron takes seat in House of Lords after ex-PM made foreign secretary November 20, 2023 Foreign Secretary David Cameron has taken his seat in the House of Lords after his official introduction ceremony. The former prime minister will now be known as Lord Cameron of Chipping Norton, reflecting his long-held ties to the Cotswolds town in his former constituency, Witney. It was announced last week that he had been elevated [...]
Coutts appoints Kleinwort’s Fahad Kamal as CIO in latest staff change November 20, 2023 Former Kleinwort Hambros chief investment officer Fahad Kamal has been appointed CIO at the private bank owned by Britain's Natwest, according to a post on LinkedIn on Monday.
Israeli-linked cargo ship hijacked by Houthi rebels in Red Sea November 20, 2023 Public shipping databases associated the ship’s owners with Ray Car Carriers, a company founded by Abraham Ungar, an Israeli billionaire.
Ashtead shares plummet as equipment rental firm lowers profit expectation November 20, 2023 The FTSE 100 company, which competes with the likes of United Rentals in the United States, serves construction, emergency response
OpenAI investors looking to oust board and reappoint Altman as chief November 19, 2023 OpenAI investors are engaged in a spectacular attempt to remove the company’s board and reappoint Sam Altman as its chief executive, according to reports.
Premier League: Everton deducted 10 points for breach of financial rules November 17, 2023 Everton said they were “shocked and disappointed” by the sanction imposed by the commission.