EIG’s MidOcean Energy Announces Initial Equity Raise of $1.2 billion Versus $1.0 billion Cover March 17, 2026 MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, today announced an equity capital raise of more than $1.2 billion. This equity raise includes: a $500 million commitment from Idemitsu Kosan, a highly respected global energy company with a long-standing presence across the energy value chain; and [...]
The best short- haul breaks near London for a weekend trip March 17, 2026 Ah spring! That beautiful month when all the doom and gloom of the long winter finally lifts… unless you live in the UK, of course. With world politics dominating the news cycle and a cost-of-living crisis demolishing our pockets, escapism is at the forefront of all of our minds. Spring is also all about renewal, [...]
Trump is in need of a scapegoat – look out Keir Starmer March 17, 2026 Per the Trump playbook, the US President will promptly be in search of a scapegoat over Iran. Starmer better prepare, writes Michael Martins.
City AM’s Magazine Editor Steve Dinneen wins Features Writer of the Year March 16, 2026 City AM’s magazine editor Steve Dinneen walked away with the Features Writer of the Year award at the prestigious Regional Press Awards last week, beating rivals including LondonCentric, the Manchester Evening News and Reach PLC. The gong was one of two awards for which City AM was competing, with The Magazine also reaching the shortlist [...]
Bank of England: We can’t eliminate bias in AI March 16, 2026 A top boss at the Bank of England has warned the use of artificial intelligence programs will never be bias-free and instead users must be aware of the risk. Jem Davis, chief compliance officer at the Bank of England, said: “My view is you’re probably not going to be able to eliminate bias completely, but [...]
TradingHub Secures Strategic Investment From Nordic Capital to Accelerate Next Phase of Growth March 16, 2026 TradingHub, a leading provider of trade surveillance technology for global financial institutions, has agreed to partner with Nordic Capital which will become the company’s majority shareholder. The investment marks a significant milestone in TradingHub’s journey and provides strong backing to support the company’s continued growth and innovation. Existing investor Summit Partners and TradingHub’s co-founder Neil [...]
Victoria Lake Joins Cushman & Wakefield as Chief Financial Officer, APAC & EMEA March 16, 2026 Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, has appointed Victoria Lake as Chief Financial Officer (CFO), APAC & EMEA. Lake is a senior executive who joins from Accenture, where she was Deputy CFO of its substantial EMEA business. Her 20 years at Accenture involved serving in multiple leadership roles, including [...]
Chelsea hit with £11m fine and Premier League transfer ban March 16, 2026 Chelsea have been slapped with a £11m fine and a transfer ban for breaching Premier League rules under their previous ownership. An investigation into the London club found “undisclosed payments by third parties associated with the club were made to players, unregistered agents and other third parties” between 2011 and 2018, when the club was [...]
‘We can only hold back the tide for so long’: Edinburgh trust urges investors to back exit plan March 16, 2026 The chair of one of Britain’s oldest investment trusts has urged its shareholders to back its proposed exit plan, saying the board had “exhausted all other options” in its bid to prevent a US activist investor from seizing control of the trust. Jonathan Simpson-Dent told investors that Edinburgh Worldwide Investment Trust (Ewit) remained under “persistent [...]
Chinese online retailer takes on Amazon March 16, 2026 Chinese retail giant JD.com has mounted a challenge to Amazon’s control of the home-delivery market with its UK launch of online shop Joybuy. The platform will offer big-name brands including Apple, Samsung and Lego and is taking on Amazon’s reputation for speedy delivery with its “Double 11” promise – meaning orders placed before 11am will [...]