London needs more than Kevin Costner’s ‘build it and they will come’ approach May 13, 2024 “If you build it, he will come,” whispers the ghostly voice in Kevin Costner’s 1989 film Field of Dreams. It’s a mostly-misquoted line that’s been used to underpin scores of corporate and sporting turnaround efforts over the past 30 years.
China’s economic rollercoaster: Consumer prices inch up in April amid lingering factory deflation May 13, 2024 China's consumer prices rose for the third month in April, while producer prices continued to fall, highlighting ongoing economic challenges.
FTSE 100 today: London markets set to hold strong in bull rally ahead of UK jobs data May 13, 2024 Asian markets started cautiously, while China's CPI rose for the third month. Investors now await US inflation data and Walmart's earnings.
Russia finds huge oil and gas reserves in British Antarctic territory May 12, 2024 Russia has found huge oil and gas reserves in British Antarctic territory, potentially leading to drilling in the pristine region.
Halting arms exports to Israel ‘unwise’ warns David Cameron May 12, 2024 Concerns have risen over the past few days as Israel has signalled a potential offensive into Rafah, telling Gazans in the city to evacuate.
Anglo American shareholders push for faster turnaround plan after BHP takeover swoop May 12, 2024 Anglo American's largest shareholders are pressurising the company into publishing its turnaround plan as soon as it can to inform their views on the interest in the firm from BHP Group.
Sir Paul Smith takes aim at tourist tax as foreign shoppers ditch Mayfair for Milan May 12, 2024 Fashion legend Sir Paul Smith has joined the long list of business figures frustrated by the scrapping of VAT-free shopping for international visitors.
Ofcom chairman says no more ‘free ride’ for social media companies May 12, 2024 "It’s become a bit of a Wild West in some corners of the internet and on social media," Ofcom's chairman said this weekend.
Week ahead: Vodafone, BT and Burberry earnings in focus as crucial US inflation reading looms May 12, 2024 Earnings from Vodafone, BT and Burberry take centre stage in the City's corporate diary this week, alongside a crucial inflation reading across the pond that could put the brakes on the FTSE 100’s record rally.
Owner of Steven Bartlett-founded Social Chain eyes swoop for AIM-listed Mission May 12, 2024 London-based Brave Bison is currently in discussions with Mission's board and major shareholders to garner support for their proposal.