Primark appoints Eoin Tonge as chief executive Retail Fast fashion juggernaut Primark has appointed a new chief executive, as the company looks to tighten its product offerings and bolster marketing firepower. Primark owner Associated British Foods (ABF) appointed Eoin Tonge permanent chief executive on Thursday, cementing him in the top job following his tenure as interim chief. Tonge has served as a director [...]
Hong Kong exchange reports record profits as listings rocket Markets Hong Kong’s stock exchange operator has posted a second consecutive year of record profits, after the city became one of the top listing destinations globally, following a slump. Net profit rose 36 per cent to HK$17.8bn (£1.7bn) in 2025, Hong Kong Exchanges and Clearing confirmed. Core business revenues, which include fees from trading and clearing [...]
Ask the expert: How should I invest if I’m worried about an AI bubble? Personal Finance Fidelity personal finance specialist Marianna Hunt is back on hand to answer your burning questions. This week Marianna helps a reader who is fearful of a potential tech-fuelled stock market crash. Q:I’ve built up reasonable savings in my ISA, workplace pension and SIPP. Most of my investments are in global index funds, so I’m heavily [...]
Trump’s tariff decisions send shockwaves through the markets February 23, 2026 Global assets and markets have once more found themselves reeling from the aftershocks of Trump’s tariffs decision, after his weekend announcement sent investors scrambling. The US president announced a 15 per cent blanket tariff on Saturday in rebuttal to the Supreme Court striking down his signature economic policy. Bitcoin suffered a sharp selloff on Monday [...]
US markets rally as tech stocks look to boost AI capabilities February 19, 2026 US markets closed higher on Wednesday, as tech stocks reaped the benefits of investors once again brushing off fears of an AI bubble. Tech stock share prices boomed, following reports from Bloomberg that Open AI is close to finalising the first phase of a new funding round, which is expected to bring in more than [...]
Why does no one want to buy Costa Coffee? January 15, 2026 The coffee’s gone cold and the milk has soured for the once dominant high street staple Costa, as owner Coca-Cola struggles to find a buyer to take the chain off its hands. The US beverage giant suspended talks with remaining bidders earlier this week, blaming the decision on low offers, bringing the months-long auction process [...]
Howden expands US footprint with acquisition of Atlantic Global Risk January 5, 2026 Insurance giant Howden has acquired US independent transaction-liability insurance broker Atlantic Global Risk as part of its US expansion. New York-headquartered Atlantic Group has over 110 people across four key business areas: representations and warranties insurance, tax liability insurance, contingent risk insurance, and credit risk insurance. Howden’s focus in the USA is a strategic and [...]
Private equity firms sell assets to themselves at a record rate in 2025 December 30, 2025 Private equity firms sold companies to themselves at an unprecedented rate this year, using a controversial tactic to hold on to assets as managers struggled to find buyers or list their investments. First reported in the Financial Times, roughly a fifth of all private equity (PE) sales in 2025 involved groups raising money from new [...]
Advertising giants’ share prices tumble as Big Tech swallows up ad spend November 24, 2025 The scale of the difficulties facing the advertising market was laid bare on Monday after two London-listed industry titans saw their share prices plummet after they slashed profit and sales expectations. M&C Saatchi’s share price tumbled a staggering 11.9 per cent to 111p, with shares down 36.9 per cent this year to date, while shares [...]
Nvidia results set to answer AI bubble fears November 19, 2025 Nvidia’s third quarter results, set to be announced after US market closes on Wednesday, will be a litmus test for the AI boom that has propelled global equities to record highs. The chip titan, which now accounts for roughly seven per cent of the S&P 500 by market cap, has seen its shares surge more [...]