2019 Articles

New Octopus Renewables trust smashes target in £350m float
New Octopus Renewables trust smashes target in £350m float
Octopus Renewables’ new infrastructure trust smashed investor expectations this morning, successfully raising £100m more than its original target of £250m. [...]
December 6, 2019
FTSE 100 opens higher as China tariff waiver raises hopes of trade truce
FTSE 100 opens higher as China tariff waiver raises hopes of trade truce
The FTSE 100 bounced back in early trading today as China’s decision to roll back tariffs on some US exports [...]
December 6, 2019
Primark set to drive another year of growth for ABF
Primark set to drive another year of growth for ABF
Associated British Foods (ABF), the British multinational which owns Primark, reiterated its outlook for the new financial year ahead of [...]
December 6, 2019
Glencore threatened with class against lawsuit that could run into the billions
Glencore threatened with class against lawsuit that could run into the billions
Mining and commodities giant Glencore could be hit by a class action lawsuit running into the billions, a law firm [...]
December 5, 2019
Drop in European private equity exits executed via IPOs
Drop in European private equity exits executed via IPOs
The number of European private equity exits executed via listings is declining as sponsors seek alternative routes amid challenging market [...]
December 5, 2019
Hybrid law firm and funds adviser MJ Hudson targeting December float
Hybrid law firm and funds adviser MJ Hudson targeting December float
Hybrid law firm and fund adviser MJ Hudson is lining up a mid-December listing on London’s junior market. The firm [...]
December 5, 2019
Saudi Aramco IPO to be largest in history at $25.6bn
Saudi Aramco IPO to be largest in history at $25.6bn
Saudi Aramco is set to raise a record $25.6bn (£19.5bn) in the largest initial public offering (IPO) in history, as [...]
December 5, 2019
Glencore shares tumble on Serious Fraud Office bribery investigation
Glencore shares tumble on Serious Fraud Office bribery investigation
Shares in mining giant Glencore fell more than five per cent today after the company said it was being investigated [...]
December 5, 2019
Opec and allies expected to deepen oil production cuts
Opec and allies expected to deepen oil production cuts
Oil producer group Opec has begun its two-day meeting in Vienna, with expectations that the cartel and its allies will [...]
December 5, 2019
Pound hits 31-month high against euro ahead of election
Pound hits 31-month high against euro ahead of election
The pound hit a 31-month high against the euro this morning as the Conservatives edged closer to victory in the [...]
December 5, 2019
Society doesn’t need any more unicorns
Society doesn’t need any more unicorns
In 2016, an American healthtech startup named Theranos completed what would be its final funding round, raising a jaw dropping [...]
December 5, 2019
Oil prices soar ahead of Opec meeting
Oil prices soar ahead of Opec meeting
Oil prices shot up today ahead of Thursday’s Opec meeting, which is expected to yield an extension to oil production [...]
December 4, 2019
BP faces complaint over 'misleading' ad campaign
BP faces complaint over 'misleading' ad campaign
Environmental law charity Clientearth has accused BP of “misleading” the public regarding its low-carbon credentials with its multimillion pound advertising [...]
December 4, 2019
Sterling hits seven-month high as traders hope for Tory victory
Sterling hits seven-month high as traders hope for Tory victory
The pound climbed to a seven-month high today as traders grew hopeful that the Conservatives would gain a majority at [...]
December 4, 2019