Morgan Stanley and Goldman Space X IPO plan to curb post-float selloff April 14, 2026 The Wall Street banks elected to work on Space X’s anticipated listing are drawing up plans to curb a post-IPO slump that could have detrimental effects to its valuation. Advisers on the deal are exploring whether insiders and early investors could be allowed to sell shares before the standard 180-day lock up has passed, according [...]
IMF slaps UK with biggest growth downgrade of any G7 country April 14, 2026 The UK economy has suffered the biggest growth forecast downgrade of any country in the G7 in the International Monetary Fund’s spring economic outlook report, dealing a blow to Chancellor Rachel Reeves as she struggles to overcome setbacks sparked by the Iran war. Growth this year was revised down by 0.5 percentage points as trade [...]
Jeito Capital leads oversubscribed $75 million Series C in Adcendo ApS to Advance its First- and Best-in-class Clinical ADC1 Pipeline in Oncology April 14, 2026 Proceeds from the financing will support the advancement of three first- and best-in-class ADC programs through upcoming key clinical milestones While oncology continues to face substantial and largely unmet needs, Jeito will leverage its expertise to accelerate Adcendo’s broad, high-potential portfolio of novel therapies and deliver transformational benefits to patients
XCF Global, Southern Energy Renewables and DevvStream Sign Definitive Business Combination Agreement with Respect to Previously Announced Proposed Three-Party Merger to Create Next-Generation Energy Platform April 14, 2026 Creation of a next‑generation energy transition platform: The proposed transaction brings together SAF, green methanol, renewable products, environmental attribute monetization, and advanced energy infrastructure into a single, globally scalable platform. Integrated fuels, infrastructure, and environmental markets: The combined company is expected to link low‑carbon fuel production with carbon credits and related instruments, long‑term offtake commercialization, and infrastructure development. Supports customer decarbonization strategies: By combining scalable low‑carbon fuels with environmental attribute monetization, the platform helps airlines and corporate customers address regulatory and sustainability requirements with greater flexibility.
OK computer: will AI be telling you how to shop? April 14, 2026 Hyped as a “seamless” user experience and an opportunity for retailers to access “hundreds of millions” of consumers via ChatGPT, OpenAI walked back from its Instant Checkout shopping function at the end of March, just months before unveiling it. The tool would have allowed users to complete purchases entirely within ChatGPT, but the Silicon Valley [...]
Can vapes save Imperial Brands? April 14, 2026 Twenty years ago, tobacco companies were among the top performers on the London Stock Exchange, driven by consistent cigarette demand and aggressive global expansion. But the attitude towards smoking has since shifted, with the numbers of smokers in the UK dropping off the back of campaigns, the rise of vaping and public health policies. In [...]
‘Vandalism’: Reeves and Starmer slammed over defence spending April 14, 2026 Rachel Reeves and Sir Keir Starmer have been slammed for a failure to provide defence with a substantial cash injection as a former Nato secretary general said an “ever-expanding welfare budget” would not keep the UK secure. Downing Street has come under fire for its delay in setting out a clear timeline for an uplift [...]
Landlords, get ready to be gazundered April 14, 2026 The Renters’ Rights Act is introducing a ban on “overbidding”. Government interventions in pricing rarely end well, and this too will have unintended consequences, says William Reeve We’ve all been there. The agonising dance involved in deciding how much to bid for a property. The “how high should we go?” conversation plays a role every [...]
The government is about to find out you can’t please the people and the bond markets April 14, 2026 In the next phase of the Iran crisis, investors will demand fiscal discipline; electorates will demand intervention. In a supply-driven stagflationary environment, it may be impossible to satisfy both, says Helen Thomas A severe physical supply shock is rippling through the global economy and unlike recent crises, this is not one policymakers can easily offset. [...]
Space is the new frontier in economics April 14, 2026 Property rights underpin capitalism here on Earth, they must do the same in space – a new book by City AM columnist Rainer Zitelmann argues A little over ten years ago, when smartphones were still sufficiently new to mention, I attended a talk by an economist who argued that it was a mistake to see [...]