FTSE 100: London creeps into the green, Currys soars as takeover battle looks likely February 19, 2024 On the FTSE 100, Astrazeneca rose to the top of the index after its Tagrisso drug received positive clinical trial results.
Currys: Could Mike Ashley’s Frasers Group enter bidding war? February 19, 2024 Electricals retailer Currys hit the headlines over the weekend after it emerged it could become the latest big name to leave the London Stock Exchange in a huge take-private deal.
Currys bidding war: Chinese retail giant JD joins race as shares soar 33 per cent February 19, 2024 Chinese retail giant JD.com is the latest firm to consider buying Currys, as its board reveals it is in the “very preliminary stages” of exploring a takeover.
Elliott mulls new higher offer for Currys after initial £700m bid rejected February 19, 2024 In an update this morning, the owner of Waterstones, said: “Elliott confirms that it is considering a possible cash offer for Currys.”
FTSE 100 today: London markets prepare for quiet start amid thin U.S. holiday trading February 19, 2024 Asia shares stumble while China sees modest gains. Oil dips in light U.S. holiday trade. China's central bank holds the key interest rate steady. All eyes will be on high-flying Nvidia's earnings report this week.
UK chipmaker Graphcore explores sale as it struggles to cash in on AI boom February 18, 2024 British chipmaker Graphcore is reportedly exploring a sale to foreign buyers after struggling to reap the rewards of the boom in artificial intelligence.
Alibaba donation to Interpol raises undue influence concerns February 15, 2024 Experts have raised concerns about Interpol’s funding arrangements after their accounts revealed Alibaba donated over half a million euros to the organisation.
Lor has found Right race for Golden Long February 14, 2024 IT’S BACK to normality for racing fans in Hong Kong today, when Happy Valley serves up a nine-race programme full of hotly contested handicaps, for which plenty of luck will be required to find winners. It wasn’t easy for racing fans seeking to celebrate the start of Chinese New Year with a host of surprise [...]
Shell is going great guns on LNG and bets China will drive Asian demand February 14, 2024 Shell reckons LNG will become a primary economic driver as Asia tries to quit coal
FTSE 100 today: London markets likely to open in the red amid global market rout February 14, 2024 Asian stocks fell in response to a Wall Street sell-off, while the U.S. dollar remained near three-month highs. Oil prices dropped, and Lyft shares retreated after a 60% surge. Investors are closely monitoring the UK CPI and Q4 euro area GDP.