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fermi

  • Fermi rebuffs ousted chief’s bid to regain control of board

    Energy

    Fermi has rebuffed a bid from its ousted chief executive to wrest back control of the data-centre giant by gaining a seat on its board. In a stock exchange filing on Wednesday, the embattled London-listed group accused its defenestrated co-founder, Toby Neugebauer, of trying to pack its board with apparatchiks to regain the reigns at [...]

    Tony Neugebauer, former Fermi CEO, in a business suit addressing a conference audience with a presentation slide behind him
  • London’s top 2025 listings tumble in blow to IPO revival hopes

    Markets

    London’s biggest listings in 2025 have all tumbled since the start of the year, dealing a blow to hopes of a revival in the capital’s lacklustre IPO market. The five biggest floats from last year slumped by an average of 26 per cent in the first quarter of 2026, according to a Morning Wire analysis, [...]

    Londons Stock Exchange orb with FTSE 100 display, symbolizing business and market updates
  • The FTSE 100’s good year masks a much deeper problem

    Markets

    The FTSE 100 has had a good year by recent standards. Up nearly 16 per cent, it has outperformed the S&P 500, Nasdaq, Stoxx 600 and Paris’s Cac. What’s more, three new listings in October even suggested that a well-documented dearth of IPOs was coming to an end. But a look below the surface shows [...]

    Princes expects to trading to commence by the end of October

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