Anglo American rejects BHP’s ‘opportunistic’ £31.1bn takeover bid ENERGY Mining giant Anglo American has rejected BHP Group's £31.1bn proposal after concluding the plan would undervalue its future prospects.
Natwest profits slide 27 per cent but beat market expectations Banking Natwest profits slumped in the first quarter of the year but stayed ahead of market expectations as it shrugged off the worst of the mortgage downturn to expand its lending book.
Loungers trading ahead of expectations as new site roll-out boosts bottom line Hospitailty Loungers has said it is trading ahead of expectations for the year, helped by the opening of 36 new sites.
FTSE 100 live: London markets to rise on back of strong tech earnings as BHP rejects deal April 26, 2024 The daily London market update: Market moving news from the FTSE 100 and around the world from City A.M.
UK consumer confidence edges up after stagnant start to year April 26, 2024 UK consumer confidence improved by two points in April, after laying stagnant in March.
FTSE 100 today: London markets set to open higher on the heels of strong US tech earnings April 26, 2024 Asian stocks rallied alongside a strong tech sector fuelled by impressive US earnings. Bank of Japan maintained its short-term interest rate target at 0-0.1 per cent. Oil prices climbed, while Microsoft and Alphabet shares surged post-earnings beats. Investors await US inflation data and focus on ExxonMobil and NatWest earnings.
Alphabet surges 11 per cent on strong earnings, unveils first dividend payout April 26, 2024 Alphabet shares surged in after-hours trading on Thursday after Google's parent company impressed investors with a blowout first-quarter earnings report and initiated a $70 billion stock buyback program alongside its first-ever dividend declaration.
Microsoft beats Wall Street expectations, shares soar on robust Azure growth April 26, 2024 Microsoft outpaced expectations for its third-quarter revenue and profit, unveiled on Thursday. This success was largely fueled by the integration of artificial intelligence (AI) across its cloud services, propelling its shares to surge by more than 4 per cent during extended trading.
Law firm mulls legal claim against Home REIT sister fund April 25, 2024 A law firm is considering bringing a legal claim against a Home REIT sister fund, which has collapsed in value and is being investigated by the Financial Conduct Authority (FCA), City A.M. has learned.
Meet the Luton-raised Italian running fan taking the top job at PwC in the UK April 25, 2024 Company veteran Marco Amitrano has been elected to succeed Kevin Ellis as head of PwC's operations in the UK.