Steel sales slump at Evraz amid Russian export pressures January 31, 2022 Global steel and mining giant Evraz reported a slump in sales of its steel products last year after new rules on exports of its Russian products put a squeeze on production.
Could we see a meme stock repeat? January 28, 2022 For the retail investors at the heart of it, the so-called meme stock surge last January was a case of David vs Goliath.
E-bike firm Cowboy raises $80m as it rides urban mobility boom January 27, 2022 Electric bike startup Cowboy has announced an $80m funding injection as it rides a boom in demand for electrical bikes across Europe.
LayBuy accelerates UK growth after revenues surge January 27, 2022 Buy now pay later (BNPL) firm LayBuy says it is accelerating its UK expansion plans after reporting a 70 per cent jump in revenues.
Jupiter fees skyrocket as fund managers pocket £60m January 27, 2022 Two-stockpickers at fund manager Jupiter have pocketed £60m in fees from investment trust Chrysalis Investments after the value of their portfolios soared last year.
Ackman snaps up $1bn Netflix stake to go “all-in” on streaming January 27, 2022 Billionaire activist investor Bill Ackman has revealed he has built a stake in Netflix worth more than $1bn dollars, as the streaming giant battles a spiralling share price and investor exodus. Ackman announced on Twitter yesterday that his firm Pershing Square Capital Management started buying up Netflix shares on Friday and was now a top-20 [...]
Starling Bank and Barclays in the race to carve up Kensington January 27, 2022 Digital challenger bank Starling and Barclays are among the names looking to snap up a piece of mortgage lender Kensington after its private equity owners put the firm up for sale last year, according to reports. Starling is reportedly up against Barclays and another high street lender to buy Kensington’s lending platform, while american investment [...]
M&G snaps up majority stake in sustainable housebuilder Greencore January 27, 2022 Global investment firm M&G has snapped up a majority stake in sustainable housebuilder Greencore Construction, the firm announced today.
THG rally provides some relief for Moulding January 26, 2022 Shares in beleaguered e-commerce firm THG rallied today following a difficult two weeks which has seen the firm’s share price plummet to over 85 per cent below their initial flotation price.
SumUp eyes $20bn valuation with $500m funding round January 26, 2022 London-based payments fintech SumUp is eyeing up a $22bn valuation.
