London-based luxury retailer Farfetch in talks with Apollo: Reports December 14, 2023 Embattled luxury retailer Farfetch is reportedly in talks with private equity giants over a fundraising package. The London-headquartered firm is having a torrid time on New York’s public markets after announcing it wouldn’t publish third quarter results. Sky News’ Mark Kleinman reported that the firm is in talks with Apollo, amongst other players, as it [...]
ECB joins other central banks in holding interest rates, lowers growth forecasts December 14, 2023 The European Central Bank left interest rates unchanged as expected on Thursday and signalled an early end to its last remaining bond purchase scheme, wrapping up a decade-long experiment in hoovering up debt across the 20-nation euro zone.
Happening today: Bank of England expected to hold interest rates December 14, 2023 The Bank of England is expected to hold interest rates for the third time in a row, as fresh data has pointed towards potential cracks in the economy. Today, its Monetary Policy Committee (MPC) will meet for the final time this year to vote on interest rates – which help dictate mortgage rates set by [...]
London hopes rise as NFL agrees to double number of overseas games December 13, 2023 The league has also revealed plans to play a game in Brazil for the first time.
Apollo weighs bid for Pension Insurance Corp December 13, 2023 Apollo weighs bid for Pension Insurance Corp.
GDP falls sharply in October as UK economy recession fears re-ignite December 13, 2023 GDP fell 0.3 per cent in the month of October, reigniting fears that a wave of interest rate hikes have strangled UK growth.
Why the financial world should be demanding authenticity December 13, 2023 There is every reason for the financial world - and the public beyond it - to be sceptical of greenwashing.
US inflation: Consumer prices unexpectedly rise in November as Fed likely to hold rates December 12, 2023 Core prices, excluding volatile items like food and energy costs, also came in line with economists' expectations, rising four on an annual basis.
Zara pulls ad following complaints of alleged Israel-Hamas war imagery December 12, 2023 Zara said the campaign, advertising its Atelier line, was “conceived in July and photographed in September”.
Analysts: Shein float in London would set off investor ESG alarm bells December 12, 2023 Shein is reportedly looking at a potential IPO in London - though analysts in the capital believe a float would raise investor red flags
