Air Astana set for £671m valuation ahead of milestone London IPO February 9, 2024 Air Astana has bagged an $847m valuation from investors as it gears up for a Valentines Day IPO that will be seen as a test of the health of London’s beleaguered listings market.
Liz Truss’ mini-budget helped knock £425bn off pension funds’ assets in 2022 February 9, 2024 "This fall in assets is primarily due to the loss in value of gilts, corporate bonds and property," the report said.
Barclays to snap up Tesco’s banking arm for £600m as retailer looks to unlock value for customers and shareholders February 9, 2024 Barclays has announced that it has agreed with Tesco to acquire the supermarket's retail banking business.
Only fast fixes can save the London Stock Exchange from a 2024 exodus February 9, 2024 The London Stock Exchange has been bruised and battered over the past two years. James Ashton, CEO of the Quoted Companies Alliance, warns the Chancellor the time is now for action
Banning vapes will only make them more desirable February 9, 2024 Banning disposal vapes will only make them more desirable, writes Giles Watling MP
Moving markets today: What’s shaping the FTSE 100 this morning February 9, 2024 S&P 500 inches closer to 5,000, Japanese stocks hit 34-year high, Arm shares surge 55%, Oil prices rise as Israel rejects ceasefire proposal, focus on PepsiCo earnings and Fed commentary.
Disney stock records best day since 2020; equity analysts raise price targets February 9, 2024 Disney shares surged dramatically on Thursday, marking their most remarkable single-day rally in the past decade, propelled by an exceptional earnings report. However, despite this surge, the entertainment giant is still striving to reclaim its former stock market prominence.
Labour confirms £28bn green investment pledge has been scrapped February 8, 2024 The Labour Party has confirmed its £28bn green investment pledge has been scrapped, in a major U-turn announced by Sir Keir Starmer.
FTSE 100 close: London dragged lower by Astrazeneca, DS Smith soars after takeover rumours February 8, 2024 Shares in Astrazeneca, the biggest company listed in London, dropped 6.3 per cent even after reporting an increase in revenue in 2023.
Bluesky: After Mastodon and Threads, the latest challenger to X hits a million users on day one, but can it survive? February 8, 2024 Bluesky, a new rival to Elon Musk's X platform, has seen over one million new users since it opened yesterday.
