Samsung profits tumble 34 per cent after chip business hits rock bottom January 31, 2024 Samsung has reported a 34 per cent drop in operating profits in its four quarter and new lows for its chip business.
Rachel Reeves and Sadiq Khan tell City A.M. readers: ‘When you succeed, we all succeed’ January 31, 2024 Rachel Reeves and Sadiq Khan tell City A.M. that Labour will put the full weight of government behind the City and financial services
Moving markets: Five things shaping the FTSE 100 today January 30, 2024 Asian stocks stand firm in the wake of Wall Street's record highs, while oil prices surge amidst escalating Middle East tensions, shifting investor attention towards the Federal Reserve, Bank of England, and Q4 tech earnings.
Another UK snub: Cambridge spin-out eyes New York IPO as unicorn status beckons January 29, 2024 Life sciences startup Nuclera has said it is eyeing up a public listing in New York in the next five years as it approaches unicorn status.
Investors to focus on AI and antitrust issues as Amazon, Apple and Meta line up to report January 29, 2024 Big tech companies Microsoft, Meta, Apple, Amazon and Google owner Alphabet are set to report quarterly earnings this week.
UK ‘complacent’ on data protection, OVH Cloud chief warns January 28, 2024 The UK is too complacent in its approach to data protection, the boss of French cloud provider, OVH Cloud, has said.
Countdown begins: What’s in store for next week’s mega-tech FAAMG earnings January 26, 2024 As the fourth-quarter earnings season approaches on Wall Street, all eyes are on the FAAMG group: Alphabet (Google), Microsoft, Amazon, Meta Platforms, and Apple.
UK data centre company raises £206m from Deutsche Bank to support AI ambition January 24, 2024 Kao Data has completed a £206m debt raise with Deutsche Bank as it looks to support the UK's increasing appetite for AI.
Embrace it or be left behind, says AI-driven business founder January 24, 2024 Scaling a start-up with the help of AI could be the newest trend in 2024, as small and medium enterprises (SMEs) across the UK are beginning to consider it their "gateway to growth".
Brace for the ‘techlash’ says FCA chief as he warns on future of financial services January 23, 2024 The chief of the Financial Conduct Authority (FCA) has said the UK's financial services may need to prepare for a "techlash".