Copper prices end 2023 on a high as traders focus on supply constraints next year December 29, 2023 Copper saw a fourth-quarter rebound to close out 2023.
FTSE 100: London climbs to three-month high after Christmas break December 28, 2023 London’s top index moved 0.36 per cent , or 27.44 points higher, to finish at 7,724.95.
The five biggest global business meltdowns of the year December 28, 2023 City A.M. recaps the biggest global business nightmares of the year.
UK taxpayer faces £200m loss from bailout of Oneweb December 27, 2023 The UK taxpayer faces a £200m loss from the government's decision to bailout satellite-internet company Oneweb.
Astrazeneca to buy China’s Gracell Biotechnologies in $1.2bn deal December 27, 2023 Astrazeneca will buy Gracell Biotechnologies for up to $1.2bn as the Anglo-Swedish pharma company furthers its cell therapy ambitions and boosts its presence in China.
Who were the biggest winners and losers in 2023 in the automotive world December 24, 2023 It has been a year of change for the global automotive industry. City A.M. judges the biggest winners and losers.
Wind industry facing turbulence in US and Europe as China emerges as low-cost competitor December 22, 2023 Margins in Europe and the US have been squeezed amid low demand, supply chain disruptions and construction delays, but prices in China have fallen dramatically.
Shanta Gold latest company to leave London’s markets after £142m buyout December 20, 2023 The £141m bid requires 75 per cent shareholder approval to pass
Superdry warns on profit as wet weather takes its toll December 19, 2023 Superdry blamed unseasonable weather for a 13 per cent slump in retail sales year-on-year, as the struggling fashion retailer continues to trade below management expectations. Wholesale earnings were down 41.1 per cent year-on year, which was due to the decision to exit its US wholesale operation. It was also driven by “timing differences and the [...]
Lloyd’s of London strikes deal with Ping An to stay at iconic City HQ until 2035 December 18, 2023 Lloyd’s of London has struck a new deal with Chinese insurer Ping An to remain at its One Lime Street headquarters until 2035, four years longer than its original lease agreement.