Fundsmith Equity falls out of most bought list for the first time September 3, 2024 Fundsmith Equity, the largest investment fund in the UK ran by star manager Terry Smith, has fallen out of Interactive Investor’s most bought list for the first time ever. The list has been tracking the top ten most popular equities, funds and trusts on the platform since 2018. Fundsmith Equity topped the list as recently [...]
Shein considers selling shares to public in potential £52bn London listing August 21, 2024 Fast fashion giant Shein is reportedly considering selling its shares directly to the British public as part of a potential £52bn listing on the London Stock Exchange. The company’s bankers, including JP Morgan, Goldman Sachs and Morgan Stanley, are pushing for plans to sell to retail investors along with institutional investors, according to The Telegraph. [...]
Glencore: FTSE 100 mining giant opts against coal spin-off after investor feedback August 7, 2024 Glencore no longer plans to demerge its coal business after an “overwhelming majority” of shareholders told the mining giant to retain the division. The FTSE 100 constituent had planned to spin off its coal business after it completed the $7bn (£5.51bn) acquisition of Teck Resources’ steelmaking coal business in November last year. However, on Wednesday, [...]
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
SFO charges five former Glencore employees in bribery probe August 1, 2024 SFO has charged five former Glencore employees over allegations of conspiring to make corrupt payments in order to benefit mining giant Glencore
Most bought UK stocks: Nvidia leapfrogs Apple as National Grid climbs ranks July 16, 2024 UK investors continued to pile into Nvidia in the second quarter of 2024, with the stock rising to become the third most popular in the country.
The Notebook: The stocks dominating retail investment this month July 10, 2024 Victoria Scholar takes the notebook pen to tell us the latest trends in retail investing, from AI to US banking.
UK company interest payments skyrocket as rate hikes eat into profits July 1, 2024 UK company interest costs have skyrocketed almost 30 per cent as higher interest rates and rising debt ate into the profits of British businesses.
Anglo American’s break-up could spark a mining bidding war, says top shareholder May 14, 2024 The break-up of Anglo American could trigger a wave of further bids from global mining giants if its management sees the plans through to completion, a top shareholder has said.
FTSE 100 notches best week of the year as string of good news ends winter blues May 10, 2024 Friday's rally was largely driven by miners who were lifted on the back takeover speculation and higher prices for metals and minerals.