From a £600m profit to a £1bn loss: The investors who made the most from London-listed firms this year December 31, 2023 The co-founder of fintech Wise has emerged as the top gainer in London's public markets this year, with an average daily gain of over £1.6m.
A changing China: Looking ahead to commodities in 2024 December 31, 2023 Commodities face an uncertain 2024 as geopolitical and climate risks continue to grow
Treasury coffers are reaping the rewards of foreign bribery fines December 7, 2023 Over the past year something extraordinary has happened. The governments of countries in the Global South where British multinationals paid bribes and faced penalties in the UK have started demanding a fairer share of the huge criminal fines that have up to now gone to the UK Treasury. Since 2014 the Serious Fraud Office has [...]
Less is more, but not for Glencore November 20, 2023 Glencore's near-$7bn acquisition of Canadian miner Teck Resources stands at odds with its green energy goals... or does it?
Less is more, but not for Glencore November 20, 2023 For Glencore, ‘no’ wasn’t an option in its pursuit of Teck’s coal operations. But how will this acquisition look in a world seeking a greener future?
UK dividend growth lags as Europe on track for record payouts November 15, 2023 Payouts in the UK saw minor underlying growth in the third quarter, held back by sharp cuts in the mining sector.
FTSE 100 close: Midcap index storms up nearly 3.5 per cent and pound surges after US inflation data November 14, 2023 London's FTSE 100 was flat in early trading on Tuesday as investors mulled fresh jobs data showing higher-than-expected wage growth.
Glencore swoops in to buy 77 per cent of Canadian miner Teck in £5.65bn deal November 14, 2023 Japan's Nippon Steel will pay $1.7 billion and swap its interest in one of Teck's coal operations for 20 per cent of the coal business, the report said, citing sources.
FTSE 100 close: London pares gains as BP slump offsets inflation hope October 31, 2023 London's FTSE markets climbed on Tuesday morning as investors received another boost from falling food inflation but oil giant BP slumped after a poor set of results.
Blackrock tells investors to give mining a chance or risk green energy transition October 30, 2023 Blackrock said investor reluctance towards mining. could lead to shortages of vital materials