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News

  • April 23, 2024

London connectivity blackouts cost businesses nearly £6bn

London businesses have lost almost £6bn over the past year due to connectivity outages, new data has revealed.

  • April 23, 2024

Axiom Ince: Former boss of disgraced law firm faces bankruptcy petition

The former boss of disgraced law firm Axiom Ince, where over £60m of client money went missing, now faces a bankruptcy petition

  • April 23, 2024

Alfa Romeo Formula One team supplier AB Dynamics hikes profit guidance as boss says more acquisitions to come

Formula one testing firm AB Dynamics has hiked its profit guidance for the year ahead amid strong demand across all its regions.

  • April 23, 2024

Natwest shareholders approve proposal to buy back 15 per cent of shares from government

Natwest shareholders have approved the bank's proposal to buy more of its stock from the government to accelerate its privatisation, potentially leaving the Treasury with fewer shares to offer retail

  • April 23, 2024

Top British court orders Gazprom unit to drop £387m Russian claim against Italian bank UniCredit

The UK's highest court has upheld a decision that England has the right to block a Gazprom unit's Russian lawsuit against Italian bank UniCredit

  • April 23, 2024

Exclusive: Cathie Wood on Tesla and Elon Musk: ‘We don’t listen to what he says’

Cathie Wood, CEO of infamous American tech investment firm ARK, is still bullish on Tesla and Elon Musk, despite the poor performance of its stock price in recent months.

  • April 23, 2024

NATs row: Ryanair launches legal fight against Britain’s air traffic control provider

Ryanair has launched a lawsuit against Britain’s NATs over the network-wide failure last August which saw thousands of flights grounded

  • April 23, 2024

Silicon maker Alphawave Semi reports lower royalty revenues on ‘accelerated transition away from China’

In the first quarter of 2024, Alphawave said royalties dropped 75 per cent year on year to $9m, reflecting its transition away from China.

  • April 23, 2024

Revolut plans advertising partnerships as it seeks new revenue streams

Revolut is planning to monetise customer data through advertising partnerships as the firm looks to diversify revenue streams on its path to more sustainable profitability.

  • April 23, 2024

Diamond glut sees London-listed miner Anglo American cut gem production

London-listed miner Anglo American said it decreased diamond production through the first quarter by almost one quarter.

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