World’s biggest natural soda ash producer plots rare London listing in boost to the City May 31, 2023 The world’s biggest soda ash producer has revealed plans for a rare London listing today in a boost to the London Stock Exchange after a barren period to start the year.
Ukraine minister Oleksandr Gryban on how private investment can help rebuild the country May 25, 2023 Midway through last year, Ukrainian president Volodomyr Zelenskyy tabled a proposal to his finance lieutenants. Government support, both domestic and international, was flowing into the economy but the scale of economic damage wrought by Russia’s invasion needed a bigger remedy. The country needed an initiative to trigger the interest of the private sector: Advantage Ukraine was born.
London Stock Exchange eyes world-first private stock exchange launch by next year May 23, 2023 The London Stock Exchange has said it could launch a world-first stock market for private companies as soon as next year as it looks to revive the fortunes of the Square Mile and stop a flood of firms leaving for New York.
The London Stock Exchange has now passed the zenith of its global influence May 18, 2023 In an effort to eliminate financial risks through regulation, we've also eliminated returns. The London Stock Exchange is suffering the consequences of such a risk-averse approach, writes Roger Clarke
‘We need to make equities sexy’: Aquis chief Alasdair Haynes talks taking on the London Stock Exchange and boosting the City May 18, 2023 Aquis chief Alasdair Haynes tells Charlie Conchie that 'competitive tension' with the London Stock Exchange would be a good thing for the Square Mile
City of London grandees lay out vision for UK markets after bruising few months May 15, 2023 A group of City of London grandees are drawing up a “new market model” for the UK’s capital markets after a bruising few months in which the capital has been rocked by negative headlines and a slew of firms heading towards New York.
Gold miner Newcrest backs $17.8bn takeover offer from rival Newmont May 15, 2023 Australian gold miner Newcrest Mining Ltd said on Monday it would back Newmont Corp’s A$26.2 billion ($17.8 billion) takeover offer in one of the world’s largest buyouts so far this year. The deal, subject to approval from shareholders of both companies and other regulatory hurdles, would lift Newmont’s gold output to nearly double its nearest [...]
Mike Lynch: UK tech tycoon who founded software firm Autonomy is extradited to US May 12, 2023 British technology tycoon Mike Lynch has been extradited to the US to face criminal charges. The founder of software firm Autonomy, who was once dubbed the UK’s Bill Gates, will stand trial on charges including fraud, which he denies. It comes weeks after he lost an appeal last month following an almost four-year court battle [...]
Schroders boss: Asset management must ‘come to the party and embrace risk’ to revive London markets May 12, 2023 The asset management sector needs to “come to the party” and “embrace risk” in order to revive London’s floundering status as an international financial centre, the chief of Schroders said today, in a rallying cry for sweeping change in the City.
THG shares tumble after bosses shut down Apollo takeover talks May 12, 2023 Retail group THG has shut down takeover talks with Apollo after its board deemed the US buyout giant had tabled “inadequate valuations” for the firm.