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By: City A.M. Reporter

All 2878 Articles
  • Ex-Crypto boss Bankman-Fried’s trial nears end: ‘I deeply regret not taking a deeper look’ at claims

    November 1, 2023

    The closing arguments are set to begin today in Sam Bankman-Fried's fraud trial in New York, as yesterday concluded his taking of the stand in his defence.

  • Smurfit Kappa share price rises as decline in box demand continues to slow

    November 1, 2023

    Box demand in the third quarter was around two per cent behind 2022 levels versus seven per cent and -five per cent in the first and second quarters, respectively

  • GSK hikes outlook after launch of new RVS vaccine – despite reduction in Covid sales

    November 1, 2023

    GSK said it is still firmly growing despite the significant reduction in sales of Covid-19 products over recent years.

  • WeWork: Is it nearly the end for the ‘future of work’ office firm?

    November 1, 2023

    WeWork, the office leasing company, is headed for Chapter 11 bankruptcy protection, according to a number of reports in the US overnight. The firm has been battling a substantial debt pile for years and earlier this year flagged ongoing concerns and worries to investors. Bankruptcy protection in the US would give the firm, which once [...]

  • Another UK firm to be snapped up by a US corporate in £115m deal

    October 31, 2023

    The board of AIM-listed Sopheon announced today that its directors have reached an agreement in principle of a cash offer from US software and data firm Wellspring.

  • Michael Gove: ‘Immoral’ asset managers have ‘co-opted’ diversity agenda

    October 31, 2023

    “We have seen a concentration of wealth, a tendency towards monopoly and oligopoly that has meant that the gains of economic growth have increasingly been concentrated in the hands of a few.”

  • Sanctioned Russian billionaire appeals ex-wife’s divorce case – which would be highest-value separation ever

    October 31, 2023

    Potanina’s legal team say the Court of Appeal took the correct approach and that she has “earned her share” of the family’s wealth after years of marriage.

  • Carlsberg CEO: Russia has ‘stolen our business’

    October 31, 2023

    Carlsberg has cut all ties with its Russian business and refuses to enter a deal with Russia's government.

  • Vodafone offloads £4bn Spanish division as new CEO begins turnaround push

    October 31, 2023

    Vodafone will sell its Spanish arm in what new CEO Margherita Della Valle describes as the start of a "right-sizing" effort at the telco giant

  • Shanghai Surprise: Chinese manufacturing slips in worrying sign for world economy

    October 31, 2023

    Lower than expected manufacturing numbers have spooked Asian markets this morning as China provides warning on state of global economy

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