Swiss authorities order Glencore to pay £119m over to resolve bribery probe August 5, 2024 Energy giants have been ordered by the Swiss authorities to pay a fine and compensation totalling around £119m, in regards to the bribery of a Congolese public official by its business partner in 2011
The City is at the vanguard of a new industrial revolution in open data and AI August 5, 2024 By leveraging the expertise of the City, we can pioneer the Fourth Industrial Revolution, writes Lord Mayor Michael Mainelli As well as being an enthusiast and early adopter of technology (even predicting the internet in his 1898 short story From The London Times of 1904) Mark Twain gifted the world many great aphorisms. Among my [...]
Firmdale: Record year for luxury London and New York hotel group amid expansion plans August 5, 2024 Turnover at the group behind luxury hotels in London and New York edged to almost £200m during its latest financial year, it has been revealed.
Regional REIT: Boost to bottom line as it looks beyond emergency capital raise August 5, 2024 Embattled real estate investment trust Regional REIT was given a boost from exchanges on six big leases in the three months to June, helping it achieve a double digit net rental uplift since the start of the year.
Meet the Fund Managers: Small companies, large gains August 5, 2024 Investment reporter Elliot Gulliver-Needham speaks to Ken Wotton, manager of investment trust Strategic Equity Capital.
Unlocking business potential — here’s why one start-up was just ‘not enough’ August 5, 2024 Why take two days to work on a project, when technology could help you complete it in just a few seconds?
Talktalk debt crisis worsens as Macquarie deal stalls August 4, 2024 Talktalk's crunch negotiations with private equity giant Macquarie over a mooted £450m deal for its wholesale division have stalled, according to reports, as the embattled telecoms provider races to refinance a billion pounds of credit.
Is the high street party over for Metro Bank? August 4, 2024 The boss of Metro Bank has said it will begin to shift its focus away from the high street as the lender looks to ramp up its business banking efforts.
US unemployment miss: ‘Has the Fed made a policy mistake?’ August 2, 2024 US unemployment figures missed expectations today, jumping to 4.3 per cent, leaving analysts asking if the Federal Reserve had made a mistake not to cut interest rates on Wednesday.
Global markets spiral as US recession fears solidify August 2, 2024 Markets have begun to fear the worst about a slowdown, or even recession, in the US, sending stocks tumbling across the world.