London Stock Exchange Group boss David Schwimmer will see his pay more than double to £13.2m this year after the firm saw off potential rebellion from investors at its annual …
Estate Planning
Pinewood Technologies pivots to software after sale of legacy Pendragon business
Pinewood Technologies, formerly known as Pendragon, has posted its first results since its shift from motor dealership to software company. On Thursday, it reported revenue of £24.5m from its software …
US economy disappoints in first quarter of 2024 as growth slows far more than expected
The US economy slowed far more than expected in the first quarter of the year as its gross domestic product (GDP) endured the influence of stubborn inflation and high interest …
Watch: BP AGM thrown into chaos as climate and Palestine protesters arrested
The annual general meeting of UK fossil fuel supermajor BP has been upended in disquiet today by climate and Palestine protesters, some of whom were arrested. Videos shared by climate …
Trainline and Firstgroup shares tumble as Labour pledges rail nationalisation
Trainline and Firstgroup shares fell this morning after Labour pledged to renationalise Britain’s railway network within a first term. Trainline was down nearly 10 per cent by early afternoon, while …
Watches & Wonders: All the latest from Rolex, Patek and the rest
Three weeks since the ribbon was cut on 2024’s edition of ‘Watches & Wonders’ trade show at Geneva’s Palexpo convention centre, we’re still reeling from what ticked and sparkled within… …
What do analysts think of BHP’s £31.1bn proposal for Anglo American?
The mining world is all aquiver this morning at talks of a potential mega-deal from BHP to buy up London-listed miner Anglo American. Metals miner Anglo has been seen as …
The hypnotic appeal of the tourbillon, from Seiko to Jaeger-LeCoultre
From Abraham-Louis Breguet’s first prototype in 1795 to the 1980s, watch experts reckon less than 1,000 ‘tourbillon’ watches were made. Today that figure is more like 3,000 to 3,500 per …
Wizz Air slashes profit guidance as Pratt & Whitney engine issues bite
Wizz Air has cut its targets for annual profit as issues with its GTF engines, supplied by Pratt & Whitney, continue to impact capacity. The Hungarian budget airline said net …
Inchcape bags £2.3bn after selling off UK arm
Shares in Inchcape soared over eight per cent this morning as it bagged £2.3bn in revenue in the first quarter, not long after striking a deal to sell off its …