LME legal chief steps down as nickel crisis intensifies at embattled exchange January 17, 2023 The LME has announced the upcoming departure of its legal chief, in another dramatic day for the embattled trading hub.
Apple share prices plunge, taking valuation below $2tn January 4, 2023 Apple’s shares plummeted in value by three percent yesterday, meaning the the tech giant’s valuation tanked $2tn (£1.66 trillion) for the first time since May 2022. The company’s share value dropped to a price of $130.20 per share yesterday, marking a year-low, and giving the company a valuation of $1.99 trillion (£1.65 trillion) at market [...]
Tesla stock swings as Musk misbehaves December 20, 2022 Stock prices for Tesla have been unstable as CEO Elon Musk continues his streak of chaos on Twitter. Investors in Tesla have been critical of Musk’s new role in Twitter. His policies on the social media platform will backfire on the car brand, they claim. ““Customers don’t want their cars to be controversial. They want [...]
Just Eat gets standard stock listing December 20, 2022 Food delivery app Just Eat switched to a standard listing on the London Stock Exchange. Previously, it held a ‘premium listing’. A premium listing comes with additional caveats and with the standard listing, trade for Just Eat stocks is easier. Along with its listing on LSE, it remains listed Euronext Amsterdam. The company holds 45 [...]
London Stock Exchange group strikes deal to buy Acadia December 19, 2022 The London Stock Exchange Group (LSEG) announced it had snapped up risk management firm Acadia today as it looks to boost the growth of its post-trade offering.
London markets ‘completely throttled’ by regulation, says former exchange chief November 8, 2022 The UK’s equity market has been “taxed to death” and “completely throttled” by fiscal policies and regulation, the former chief of the London Stock Exchange Group has claimed, as he warned the Capital was in danger of losing its status as a global financial services hub.
UK short positions fall as investors pile into bets against consumer firms November 7, 2022 The total number of short positions in UK companies slid in October as investors piled into bets against consumer firms across Europe amid a squeeze on shoppers’ spending power, new data has revealed.
London’s investor pool too shallow to tempt growing firms, say top chairs November 7, 2022 Chairs at some of London’s top firms have slammed a dearth of investors in London and cast doubt on the appeal of the Capital as a hub for growing firms, in a new report surveying the City’s top executives.
Exclusive: LSE’s chief of tech swaps markets for climate ratings with BeZero Carbon move November 7, 2022 The London Stock Exchange’s chief of tech has jumped ship to ratings agency BeZero Carbon, swapping the markets for climate technology. As the new CTO, James Turck will be responsible for driving forward the London firm’s investment to build out ratings, as well as the risk and analytics tools that help to scale the voluntary carbon [...]
CMA gives London Stock Exchange green light on Quantile takeover October 26, 2022 The competition watchdog has given the greenlight to London Stock Exchange Group's takeover of compression firm Quantile today after an in-depth investigation did not raise “substantial competition concerns”.