Apollo teams up with Mukesh Ambani in bid for Boots April 27, 2022 Buyout giant Apollo has teamed up with India’s second-richest man Mukesh Ambani to launch a bid for Boots, as the race to takeover the chain enters the final stretch.
M&G begins hunt for CEO as Foley steps down April 27, 2022 London investment outfit M&G kicked off the hunt for a new chief executive today as boss John Foley announced he would step down from the role.
Archegos boss Bill Hwang arrested on fraud charges April 27, 2022 The founder of collapsed investment firm Archegos Capital has been arrested and charged with orchestrating a fraudulent scheme, US regulators announced today.
Tasty year for Gousto as revenues surge to £315m April 27, 2022 Recipe box firm Gousto hailed 2021 an “outstanding” year for the firm as revenue surged 67 per cent to hit a record £315m.
Arm and Softbank move to oust renegade China boss April 27, 2022 Arm and its owner Softbank are readying a move to regain control of the firm’s renegade China division and oust its boss, as Softbank prepares to float the British chipmaker this year.
Robinhood slashes nine per cent of workforce April 27, 2022 US fintech giant Robinhood is planning to slash nine per cent of its workforce after a period of "hyper growth" tapered off.
UK oil and gas firms dish out £2.2bn dividends after bumper profits April 27, 2022 London-listed oil and gas firms dished out bumper dividends in the first quarter of the year as profits surged on the back of soaring commodity prices.
Top investors pile pressure on food giants to ramp up health performance April 26, 2022 A group of investors representing £3tn in assets have called on some of the world’s top food producers to ramp up their performance on health.
Medical tech firm Sensyne set to axe 80 staff in scramble to stay afloat April 26, 2022 London-listed medical tech firm Sensyne is set to axe two thirds of its workforce after being rescued from the brink of collapse earlier this month.
Global reach of crypto leaves individual regulators powerless, FCA boss warns April 26, 2022 The global reach of cryptocurrencies has left individual regulators unable to shield consumers from mis-sold investments and dodgy products, the chief of the UK’s financial watchdog has warned.
