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      Forget the railroad, buy the seaside: Fund manager urges investors to look to AI’s secondary boom

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      After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom

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  • Revolut launches ‘crypto exchange for pros’

    May 7, 2024

    Revolut has expanded its presence in the digital assets sector with the launch of a UK crypto exchange for "experienced traders".

  • PwC and EY handed multimillion-pound fines for London Capital & Finance audits

    May 7, 2024

    Three firms, including PwC and Ernst & Young (EY), have been handed fines by the accounting watchdog for their audits of London Capital & Finance (LCF), a minibonds firm which took money from almost 12,000 investors before collapsing in 2019.

  • FTSE 100 today: London markets to scale to new highs on growing rate cut bets, riding global rally wave

    May 7, 2024

    Asian markets surged in line with Wall Street's positive trend, while oil prices rose after Israel's strike in Gaza. Gold prices also climbed amid geopolitical uncertainties. Australia's central bank holds the cash rate at 4.35 per cent. Investors are now focused on the Bank of England (BoE) policy decision and UK GDP data for further market cues.

  • Train strikes to restart sparking anger from City bodies and hospitality groups

    May 6, 2024

    Britain's railways are bracing for yet another round of industrial action as train drivers stage walkouts throughout next week.

  • Natwest bonus scheme planned for Tell Sid shareholders

    May 6, 2024

    Natwest shareholders will be awarded bonus shares if they hold onto its stock for more than a year, plans for the sale of the government's stake in the bank have indicated.

  • AIM hit by sharp liquidity drop in further blow to London market

    May 6, 2024

    Companies listed on the UK's AIM have seen the average value of their shares trading fall over 15 per cent in the last year.

  • Aldi faces £3.7m legal action by British Brussels sprout supplier

    May 6, 2024

    German supermarket giant Aldi has been hit with legal proceedings by a Yorkshire-based Brussels sprout supplier over being de-list with no reason

  • The HVN: Best luxury spa days for hydro massage in London

    May 4, 2024

    City A.M. tried out the UK's only hydro bed for a hydro massage treatment at The HVN in Knightsbridge.

  • Frasers boss Mike Ashley drops £50m lawsuit against Morgan Stanley

    May 3, 2024

    Mike Ashley has dropped his £50m lawsuit against US bank Morgan Stanley, after nearly three month since the trial concluded

  • Don’t tell Sid! Government’s Natwest sale could be ‘dangerous’, says FTSE 250 chief

    May 3, 2024

    The government’s plan to offload its remaining stake in Natwest could be “dangerous” and lead to a flood of retail investors ramping up their exposure to a single stock, the chief of a FTSE 250 wealth manager has warned.

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