Air Astana has bagged an $847m (£671m) valuation from investors as it gears up for a Valentine’s Day IPO that will be seen as a test of the health of …
Financial Planning
Barclays to snap up Tesco’s banking arm for £600m as retailer looks to unlock value for customers and shareholders
Barclays has struck a deal with Tesco to acquire the supermarket’s retail banking business for around £600m. The Big Four bank is set to acquire Tesco Bank’s 2,800 staff and …
Biden: “I’m well-meaning, elderly, and I know what the hell I am doing”
US president Joe Biden hit back at questions about his age and his memory last night following a report by a top lawyer that called him an “elderly man with …
Banning vapes will only make them more desirable – here’s a better solution
Banning disposal vapes will only make them more desirable – how about increasing the legal age for vaping instead, writes Giles Watling MP Disposable vapes are set to be banned …
Moving markets today: What’s shaping the FTSE 100 this morning
Moving Markets Today: S&P 500 Inches Closer to 5,000, Japanese Stocks Hit 34-Year High, Arm Shares Surge 55%, Eyes on PepsiCo Earnings and Fed commentary The S&P 500 stock index …
Disney stock records best day since 2020; equity analysts raise price targets
Disney shares surged dramatically on Thursday, marking their most remarkable single-day rally in the past decade, propelled by an exceptional earnings report. However, despite this surge, the entertainment giant is …
Labour confirms £28bn green investment pledge has been scrapped
Labour has confirmed its £28bn green investment pledge has been scrapped in a major U-turn. The party announced today it could not commit to the previous promise to invest £28bn …
London Metal Exchange faces legal action over trading in ‘dirty metals’
The London Metal Exchange (LME) is set to defend itself after legal action was filed in the English High Court by eco groups over it “trading in dirty metals”. Global …
Bank of England’s Mann warns of ’embedded’ inflation risk if demand picks up
Improving prospects for the UK economy could strengthen demand and risk “continued inflation momentum”, a Bank of England rate-setter cautioned today. Catherine Mann, one of two members of the Bank’s …
Bluesky: After Mastodon and Threads, the latest challenger to X hits a million users on day one, but can it survive?
Bluesky, a new rival to Elon Musk’s X platform, has seen over one million new users since it opened yesterday. It takes the total tally of users for the new …