Arm shares droop as US-listed British chip designer misses ‘thin’ margin for error May 9, 2024 British chip designer Arm has seen a boost in revenue thanks to soaring demand for AI across the global economy.
Cazoo preparing to enter administration as car retailer attempts to avoid collapse May 8, 2024 Cazoo has signalled its intention to enter administration and not ruled out winding up the company.
A&O Shearman: the mega law firm merger goes live today. Here’s what you need to know May 1, 2024 The most highly anticipated merger in the legal sector formally completes today, operating under a new name A&O Shearman.
London was voted best place to work – but play matters too April 25, 2024 This time next week, London will be voting for its Mayor. It has not been a vintage campaign but perhaps the negativity apparent across the political spectrum may soon give way to some optimism about the capital’s prospects. A closely watched annual survey pegged London as, again, the best place to work. And indeed play. [...]
After its latest deal, could JD Sports be the next FTSE 100 company to move to the US? April 23, 2024 A decision by JD Sports to pick up an American listed retailer will increase North America’s share of group sales from approximately 32 per cent to approximately 40 per cent.
Coach and Stuart Weitzman owner plunges into the red as ‘price sensitive’ Kate Spade customers slow sales April 22, 2024 The UK arm of American luxury fashion brands Coach, Kate Spade and Stuart Weitzman plunged into the red after losing more than £60m during its latest financial year, it has been revealed.
London and New York are partners for prosperity April 22, 2024 Together, London and New York can use financial and professional services to drive prosperity on both sides of the Atlantic, says Chris Hayward London and New York are the twin pillars on which the global financial system rests. The United States is our single largest trading partner, worth over £315 billion annually. Of that, over [...]
Former Shell chief stokes London listing departure fears April 9, 2024 Van Beurden, who left the supermajor in 2022, said that the US has more favourable attitudes towards conventional energy companies.
New York and New Jersey rocked by magnitude 4.8 earthquake April 5, 2024 A magnitude 4.8 earthquake hit New York City and the surrounding area including New Jersey on Friday morning, eastern daylight time.
London closes in on New York as world’s top financial centre with Square Mile set for rebound March 21, 2024 London is narrowing the gap with New York for the title of the world's top financial centre, according to a new survey, as the City looks set to rebound from a slump in dealmaking and capital markets activity.