Jake Greenberg firm Cobalt Holdings set for London listing March 10, 2025 The co-founder of uranium firm Yellow Cake’s new venture, Cobalt Holdings, is looking to float in London as early as May. The Times reports that Jake Greenberg’s firm is looking to raise £180m to buy up $200m (£155m) of Cobalt from Glencore in a six-year supply deal. Glencore is set to be a cornerstone investor, [...]
Scottish Mortgage Investment Trust: City broker warns of underperformance March 5, 2025 City broker Stifel has warned that popular investment trust Scottish Mortgage might suffer from underperformance in coming years as growth-focused US stocks begin to fall out of favour with markets. In a research note today, Stifel analysts Iain Scouller and William Crighton said that noted that Scottish Mortgage’s share price has jumped around 27 per [...]
Dollar risks losing safe haven status, says Deutsche Bank March 4, 2025 The dollar is at risk of losing its traditional status as a safe haven for global investors following a tariff backlash, a European banking giant has warned. German-based Deutsche Bank said: “This needs to be acknowledged as a possibility” after the speed and scale of geopolitical uncertainty accelerated the dollar’s turmoil. The concerns were shared [...]
Canada and Mexico tariffs: No10 stresses ‘balanced’ trade relationship with US March 4, 2025 The UK has a “strong, fair, balanced and reciprocal trading relationship” with the United States, No10 has stressed, as US tariffs came into force against Canada and Mexico. President Trump’s tariffs on goods from Canada and Mexico took effect on Tuesday, with global markets put on edge and retaliations planned by the two countries – [...]
The capital of Cambodia is underrated – but it’s as good as Bangkok March 4, 2025 It’s the last day of Khmer New Year as I disembark my vessel, step off the Mekong River and into the sweaty clutches of Phnom Penh. Cambodia’s capital is a playful cityscape of concrete and glass, reflecting the vast economic boom the country has experienced over the last decade, not to mention its strong ties [...]
Wayve: Nvidia, Uber and Softbank backed EV startup set for global expansion March 3, 2025 British artificial intelligence (AI) startup Wayve, which develops autonomous vehicle systems, has announced plans to accelerate its international expansion by launching a new hub in Stuttgart, Germany. Backed by tech giants Uber and Softbank, the self-driving firm is testing its AI-powered self-driving tech in Germany and the US and plans to secure partnerships with various automakers. [...]
Question the hype: AI still faces huge barriers February 27, 2025 AI models have developed at a pace that was unimaginable just two years ago, but there are three big barriers to further progress, says Lewis Z Liu As the current revolution in artificial intelligence accelerates, it is more important than ever for society to engage in a well-informed debate about this technology. Through this column, [...]
Nvidia faces market test post DeepSeek chaos February 26, 2025 Nvidia is set to release its highly anticipated fourth-quarter earnings today at market close in the US, its first financial update since the emergence of China’s DeepSeek model. With expectations running high, investors will be scrutinising the results for any signs of slowing momentum or continued dominance in the AI boom. DeepSeek’s recent boom sent [...]
Can Super League use Las Vegas and NRL to turbocharge English rugby league? February 25, 2025 The Super League is venturing to Las Vegas to piggyback on the NRL. But can it help to turbocharge rugby league in England? “It’s fantastic, I’ve watched a couple of the games. They’re proper hard players, and maybe they deserve that little bit more publicity. They’re spreading the word.” Those were the thoughts of Manchester [...]
Just Eat shares rise 50 per cent on £3.3bn Prosus deal February 24, 2025 Global tech firm Prosus has made an offer to acquire Just Eat Takeaway.com for £3.3bn. The Amsterdam-based firm said it intends to launch the offer “as soon as practically possible”, which the company said was likely to be in the second quarter. The deal is expected to be completed by the end of the year. [...]