After its latest deal, could JD Sports be the next FTSE 100 company to move to the US? April 23, 2024 A decision by JD Sports to pick up an American listed retailer will increase North America’s share of group sales from approximately 32 per cent to approximately 40 per cent.
Coach and Stuart Weitzman owner plunges into the red as ‘price sensitive’ Kate Spade customers slow sales April 22, 2024 The UK arm of American luxury fashion brands Coach, Kate Spade and Stuart Weitzman plunged into the red after losing more than £60m during its latest financial year, it has been revealed.
Grindr faces lawsuit over alleged data breach involving users’ HIV status April 22, 2024 Gay dating app Grindr faces a lawsuit over an alleged major data breach, which involved users’ HIV status.
Tyman: Building products supplier set to go stateside as Quanex agrees terms for £788m takeover April 22, 2024 Building products manufacturer Quanex has agreed terms to buy London-listed peer Tyman for £788m, in a deal that would see the combined group float in New York.
Global top 50 companies: UK absent as American tech triumphs April 22, 2024 There are now no UK companies among the top 50 largest listed companies in the world, as the British economy has struggled to compete with the dominance of American tech firms.
Unilever struggles to find buyer big enough for its ice cream empire April 21, 2024 Consumer goods giant Unilever may be forced to hold on to part of its multibillion-pound ice cream operations as the business' massive size makes it difficult to offload.
Ocado faces investor calls to abandon London listing for New York April 21, 2024 Ocado has reportedly discussed with investors the possibility of moving its listing from London to New York in what would be yet another major blow to the capital's beleaguered bourse.
Mark Kleinman: Proxies, a stock market exodus and a Kingfisher mystery April 18, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the City talking in his weekly City A.M. column.
Superdry and Dr Martens shares tank on London exits and fears for the future April 16, 2024 Shares in Superdry tanked by over 33 per cent following an announcement by the company that it would bid adieu to the public market as part of a scramble to stay alive.
Comments from ex-chief send the Shell share price to an all-time high April 10, 2024 Shell's share price hit £2,861 per share in early morning trading today.