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By: City A.M. Reporter

All 2878 Articles
  • Takeover bid: MJ Hudson to declare offers after suspension of shares

    January 15, 2023

    The embattled financial services firm MJ Hudson is set to tell markets tomorrow it has received offers for parts of the business. Sky News’ Mark Kleinman has reported that the group – whose shares are currently suspended after it reported “issues” around historical trading reports – appointed Alvarez & Marsal to look at possible disposals. [...]

  • Netflix: Guidance this week to show whether share price jump can continue

    January 15, 2023

    Streaming giant Netflix’s share price has enjoyed a six-month recovery from summer lows and the Silicon Valley titan will give investors a sense of whether it is deserved when it updates markets on Thursday. Investors ditched the stock in numbers as the firm appeared to suggest it had reached a plateau on subscriber numbers in [...]

  • Deliveroo shares in the spotlight this week as analysts say firm could be undervalued

    January 15, 2023

    Investors will be watching Deliveroo’s share price this week when the firm releases a fourth quarter trading update on Thursday. The London-headquartered firm has been under pressure since floating on the stock market in 2021, with the share price down some 67 per cent from the original offer price. Competitors, the re-opening of society post-lockdown [...]

  • Debt write-off for Matalan but founder Hargreaves on his way out

    January 15, 2023

    Bruised and battered retailer Matalan is set to tell markets tomorrow it has been rescued by a debt-for-equity swap with its lenders, according to a host of news reports this weekend. Founder John Hargreaves, who founded the fashion firm some forty years ago, is set to lose control of the firm despite his own last-minute [...]

  • Mega Millions jackpot: Single US lottery ticket holder bags £1.1bn to end three months of rollover

    January 14, 2023

    A single ticketholder has matched all six numbers to win an estimated 1.35 billion dollars (£1.1 billion) in the US Mega Millions lottery. After three months of draws which failed to produce a winner, the winning numbers were: 30, 43, 45, 46, 61 and gold Mega Ball 14. The front page of the Mega Millions [...]

  • A present for Putin: Sunak reportedly agrees to deliver squadron of tanks to Ukraine

    January 14, 2023

    Prime Minister Rishi Sunak has reportedly agreed to deliver a squadron of tanks to Ukraine to aid the country’s efforts in re-taking territory lost to Russian forces. Four British Army Challenger 2 main battle tanks will reportedly be sent to eastern Europe immediately, with eight more to follow shortly afterwards. According to The Sun, a [...]

  • Donald Trump rape accusation from columnist can proceed, US judge rules

    January 14, 2023

    A columnist can proceed with lawsuits alleging she was raped by former president Donald Trump a quarter of a century ago, a federal judge ruled, upholding a temporary New York state law letting adult victims of sexual abuse sue their abusers. Judge Lewis A Kaplan said lawsuits alleging rape and defamation and seeking unspecified damages [...]

  • Russians relaunch attacks on Kyiv as Putin doubles down on Ukraine war tactics

    January 14, 2023

    Russian missile attacks hit critical infrastructure in Kyiv and the eastern city of Kharkiv on Saturday morning, officials said, and the governor of another region warned that a massive missile strike could follow in the coming hours. Reuters journalists heard a series of blasts in Kyiv before the air raid siren even sounded, which is [...]

  • Who was Alireza Akbari, the dual-national executed by Iran on spy charges

    January 14, 2023

    Iran has executed British-Iranian national Alireza Akbari, the judiciary’s Mizan news agency reported on Saturday, after sentencing the former Iranian deputy defence minister to death on charges of spying for Britain. Here are some details about Akbari and his case: – He served as deputy defence minister when Ali Shamkhani was minister from 1997 to [...]

  • Scotland set for Westminster-led unionist push – as Sunak vows to keep country together

    January 14, 2023

    Rishi Sunak has said he wants to “tangibly and visibly” demonstrate the UK Government’s presence in Scotland. The Prime Minister has been in Inverness this week as part of a two-day trip north of the border, during which he announced two new green freeports in Scotland. On Thursday night, he met with First Minister Nicola [...]

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