Markets

City AM’s market news feed in partnership with Business Wire.

Balbec Capital Acquires Funding 365, A UK Specialist Property Lender

Acquisition Establishes Dedicated UK Bridging Loan Origination Platform, Expanding Balbec's European Real Estate Capabilities

Flocean Produces First Drinkable Water from Commercial-Scale Subsea Desalination Plant

Industrial deployment in Norway demonstrates subsea desalination technology viable at scale—ending decades of research and development work

Northern Trust Appointed to Support TirNua Capital Partners’ Inaugural Infrastructure Fund

Northern Trust (Nasdaq: NTRS) today announced it has been appointed by TirNua Capital Partners (“TirNua”) to provide fund administration, depositary and banking services for the firm’s inaugural infrastructure fund focused…

Finalists Announced for the Second Edition of the Reply AI Music Contest, the International Competition Exploring the Relationship Between AI and Live Performance

The jury will announce the winners on Saturday, 4 July, on the stage of Kappa FuturFestival in Turin

Retailers Lose £29 Million to Returns Fraud Across 1 Million Orders, as New ReBound Data Reveals Industry “Blind Spot”

Analysis of one million real-world shopper returns finds £29 million in potentially fraudulent activity, with retailers exposed to significant gaps in detection

Straive Acquires NextGen Invent to Boost Data & AI Operationalization Capabilities

Straive, a global leader in Data & AI operationalization, today announced its acquisition of NextGen Invent, an AI engineering and enterprise services provider. NextGen Invent combines data and AI engineering…

GRIDSERVE Reports 45% YoY Growth, as UK’s Most-Used Charging Network Proves the Commercial Case for EV Infrastructure at Scale

GRIDSERVE's national charging network generated £64 million in revenue in 2025, with utilisation increasing across the network The business also reached positive EBITDA for the first time, delivering group EBITDA…

Lone Star Funds Completes Sale of Xella to Holcim

Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Fund X, L.P. has completed the sale of Xella Group (“Xella”), a leading provider of walling solutions,…

First Trust Global Portfolios Management Limited Announces Distributions for certain sub-funds of First Trust Global Funds ICAV

First Trust Global Portfolios Management Limited (“FTGPM”) announces the declaration of the distributions for the following sub-funds of First Trust Global Funds ICAV, ISIN Fund Name Frequency Dividend per Share…