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News

  • May 7, 2024

Truspine chief resigns ‘with immediate effect’ amid investor efforts to oust him

The chief executive of a London-listed medical technology firm has resigned following investor efforts to oust him and the chief financial officer from the company.

  • May 7, 2024

FTSE 100 closes above 8,300 barrier amid global rally

London's FTSE 100 posted a new intraday record on Tuesday amid a global stock market rally driven by renewed optimism on interest rate cuts from major central banks.

  • May 7, 2024

Plus500 shareholders reject bosses’ paypackets after proxy resistance

Shareholders in fintech firm Plus500 have revolted against the multi-million pound paypacket of its two bosses today in the first major rebellion of a fractious AGM season marked by resistance over ex

  • May 7, 2024

Ferrari profit rises but investors cool on mixed outlook

Profit at Ferrari rose by nearly a fifth in the first quarter, driven by increasing demand for bespoke personalisations.

  • May 7, 2024

London mayor Sadiq Khan urged to boost transport links and business funds

Firms and groups have urged Sadiq Khan to work to boost London’s transport links and business funding as he was formally re-elected as mayor.

  • May 7, 2024

Why an Aegon sustainable manager is buying bonds in polluting companies

Rory Sandilands, manager of the Aegon Global Climate Transition fund, is pushing to make companies emit less by buying their bonds.

  • May 7, 2024

Disney streaming turns profit for first time since launch on back of the Bear

This comes after Disney's streaming service has lost around $11bn since launching in 2019, including $587m (£467.58m) a year earlier, in the same period.

  • May 7, 2024

Revolut launches ‘crypto exchange for pros’

Revolut has expanded its presence in the digital assets sector with the launch of a UK crypto exchange for "experienced traders".

  • May 7, 2024

Boeing supplier Spirit Aerosystems sees losses more than double amid 737 quality inspections

Spirit AeroSystems saw first quarter losses more than double due to a production slowdown at Boeing following January's blowout incident.

  • May 7, 2024

Octopus Energy now worth over £7bn after two major investors up stakes

Octopus Energy is now worth more than £7bn after two of its largest investors increased their stakes in the company.

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