Videndum: Hollywood writers strike calls ‘cut’ on camera gizmo firm’s bottom line April 23, 2024 The 148 day-long strike is the second longest in the history of the Writers Guild of America
US set to fund London-listed Rainbow Rare Earths mining project as China battle hots up April 22, 2024 Rainbow Rare Earths, listed on the main market of the London Stock Exchange with a market capitalisation of £63m, will receive £40m from Washington's US International Development Finance Corporation to build a plant at the site in South Africa's Kruger National Park.
Asda boasts earnings and cash flow growth as low prices and loyalty apps win over consumers April 22, 2024 The firm pointed to the success of its loyalty app scheme, lower opening price points and the Just Essentials range.
Thames Water’s new business plan could see bills rise by over 40 per cent by 2030 April 22, 2024 Already in the hole for around £18bn, today's update brings the company's expected total cost for its 2025-2030 plans to £19.8bn
Abrdn and two more City giants shun Sizewell C nuclear project April 15, 2024 The government is currently the majority shareholder and is currently investing a total of £2.5bn in financial support for the project.
Vitol, Gunvor and Trafigura say bribery is over – but reform will take more than words April 15, 2024 The chief executives of Vitol, Gunvor and Trafigura declared the era of bribery in the sector to be over last week. But Rhodri Morgan argues that it will take a lot more than words if the companies are serious about putting an end to corruption in the industry
Melrose co-founder eyes up London-listed firms with ‘2.0’ aerospace venture April 14, 2024 Chris Peckham believe there is a host of under-valued companies on the stock exchange.
Ruffer eyes job cuts as ‘down year’ hits hard April 14, 2024 Asset managers have cut around 2,000 jobs since the start of 2024.
Tata Steel faces pay showdown with workers after Unite strike vote April 14, 2024 A company source told City A.M that the pay offer remains contingent on employees not hitting the picket lines.
Life in the fast plane: Aston Martin defends chief’s £1.3m private jet budget April 14, 2024 Luxury UK carmaker Aston Martin has defended spending over a million pounds for its chief executive to commute from Italy to the Midlands.