Short sellers including the hedge fund owned by GB News baron Paul Marshall are circling Mobico Group after a torrid share price performance in the last 12 months. The owner …
June 2024
Nice one, son: MacIntyre to pay off parents’ mortgage after dad helps first PGA Tour win
Scottish golfer Robert MacIntyre has promised to pay off his parents’ mortgage after winning the Canadian Open with his dad Dougie as caddie. The 27-year-old Ryder Cup star notched his …
UK funds dominate in May as emerging markets falter
UK-focused active funds soared to the list of the top-performing funds in May, offering another promising sign for the recovery of the London Stock Exchange. According to data compiled by …
Computer-maker Raspberry Pi gears up for London Stock Exchange float next week
Computer-maker Raspberry Pi is set to raise £157m in a hotly anticipated IPO in London this month in a boon for the London Stock Exchange after a barren period for …
Moncler: How posh puffer jacket maker is looking to navigate an uncertain world
The UK arm of Moncler, the luxury puffer jacket maker, is targeting a “solid growth trajectory” amid an “uncertain and unpredictable” global macro-economic and geopolitical landscape. The London-based division of …
Gamestop shares soar pre-market after Roaring Kitty reveals $116m holding
Keith Gill, known online as Roaring Kitty, has revealed a $116m stake in Gamestop, sending the meme stock soaring in pre-market trading. Gamestop saw its share price more than double …
Nvidia reveals new AI chip as value nears Apple and Microsoft
Nvidia has revealed a surprise new microchip to power artificial intelligence (AI) systems as its market capitalisation encroaches on the value of fellow tech giants Apple and Microsoft. “Our next …
Siemens’ Yorkshire-made battery trains will save ageing British railways £3.5bn
New battery trains which could replace ageing diesel fleets at a slew of rail companies will save Britain’s struggling railways £3.5bn, new research shows. Siemens Mobility, which is assembling the …
Progress Pioneers Summit: Is the financial services industry really building a bridge for underrepresented groups
Is the financial services industry really building a bridge for underrepresented groups? Powered by Progress Together, Progress Pioneers is an event that celebrates everything the financial services sector is doing …
Mortgage lending remains subdued as high rates put off borrowers
Hopes for a rebound in the mortgage market in the first half of 2024 have been dashed by fresh lending data, as appetite for home loans was hit by reduced …