Renewi shareholders ask bidder to raise £636m stake October 8, 2023 A major shareholder in Renewi has reportedly asked its board not to engage with Australian global financial services group Macquarie until it raises its £636m bid for the firm. According to reports in The Times, the Anglo-Dutch waste management company rejected an offer of 775p a share from Macquarie last month, on the grounds that [...]
Michael Murray insists he is running Frasers, not Mike Ashley October 8, 2023 The boss of Frasers Group Michael Murray has insisted he is the one making decisions at the retail firm, not his father-in-law Mike Ashley.
Young people turning to Tiktok for financial advice as FCA weeds out bad actors October 8, 2023 Young people are increasingly turning to social media sites, such as Instagram and Tiktok, for financial advice, a new survey has revealed.
Easyjet set for profit bump – but resurgent oil prices could dent future earnings October 8, 2023 Easyjet is set to report a further rise in pretax profit this week when the airline delivers its full year trading update on Thursday.
LVMH set for further growth despite uncertain global economic outlook October 8, 2023 Investors will turn their focus to LVMH’s third quarter update on Tuesday to see if demand for luxury fashion goods continues to prevail.
Sunak says Israel has ‘right to defend itself’ as death toll mounts in Hamas attacks October 7, 2023 Rishi Sunak has said Israel has “an absolute right to defend itself” as the country’s prime minister said it was “at war."
Hamas launches major attack as gunmen enter Israel October 7, 2023 The Palestinian Islamist group Hamas launched the biggest attack on Israel in years on Saturday in a surprise assault.
US jobs growth surged in September as Fed now likely to raise interest rates again October 6, 2023 US job growth surged in September, suggesting that the labor market remains strong enough for the Federal Reserve to raise interest rates this year.
EP: 232 Newmarket, Ascot & Hong Kong October 6, 2023 The Group 1 Sun Chariot Stakes is the feature race at Newmarket on Saturday where you will have the opportunity to bet into the unique World Pool markets. There are two Group 3 races on Ascot’s card plus the competitive Howden Challenge Cup during their afternoon of racing. City AM Racing editor Bill Esdaile previews [...]
Maybe the HS2 money could be better spent on a Bitcoin treasury, Mr Sunak? October 6, 2023 Jason Deane bows out of Crypto AM Daily with some final thoughts on Bitcoin and narratives that shape our financial world.