Santander Cuts London Jobs, Moves More Equity Research to Spain
Banco Santander SA has closed down its UK-based equity research team as it shifts analysis of companies to
2023-06-13 19:47
Trader Bunge to Buy Glencore-Backed Viterra for $8 Billion
US agribusiness Bunge Ltd. agreed to buy Glencore Plc-backed Viterra for $8.2 billion in stock and cash, creating
2023-06-13 19:45
Airbus Seen Expanding Narrowbody Lead Over Next Two Decades
Airbus SE will expand its lead in narrow-body jet manufacturing, the biggest segment of the commercial aircraft market,
2023-06-13 19:28
Deutsche Bank’s DWS Promotes Female Executives as More Leave
Deutsche Bank AG’s investment arm DWS Group promoted several women to senior positions while others announced their departure,
2023-06-13 19:17
Kenya’s Once-Booming Stock Market Buckles Under Dollar Shortages
Kenya’s crippling dollar shortage is driving away investors, turning a once-booming stock market into the worst in the
2023-06-13 18:59
New BOE Rate Setter Greene Says Policymakers Should Focus on Medium Term
The Bank of England’s newest rate setter Megan Greene said policy makers were right to raise interest rates
2023-06-13 18:56
Starmer Eyes Labour Surge in Scotland After SNP’s ‘Implosion’
Keir Starmer said his Labour Party sees an opportunity to make political gains in Scotland, following what he
2023-06-13 18:52
Growing number of small businesses worry about inflation and the economy's future
A greater number of small businesses are worried about inflation and future business conditions, according to a survey released Tuesday by the National Federation of Independent Business.
2023-06-13 18:51
BBC, ITV Inch Closer to Deal to Avoid Women’s World Cup Blackout
FIFA and UK broadcasters BBC and ITV Plc are inching closer to a deal that would see them
2023-06-13 18:23
Sheikh Jassim waiting to hear if final offer to buy Man Utd has been successful
Sheikh Jassim is still waiting to hear whether his fifth and final offer for Manchester United has been successful, according to sources close to the Qatari. Recent reports within Qatar had indicated that the Sheikh’s bid – which is for 100 per cent of the club – had seen off the bid from Ineos founder Sir Jim Ratcliffe. However, the Sheikh Jassim camp described those reports as pure speculation and say they remain in a ‘holding pattern’. They expect the next step will be for the United board to meet and consider both bids. United have been approached for comment. Sheikh Jassim’s fifth bid was made last week, but at the same time it was made clear to the Glazer family – who own the club – and to the Raine merchant banking group which is overseeing the sale that he would not engage with the process beyond last Friday. The Qataris are eager to get the deal done with the summer transfer window about to kick into gear. Sheikh Jassim’s bid is understood to be a fully cash deal for 100 per cent of the club, and that all United’s debts would be cleared. Sources close to the Sheikh’s bid say that separate, additional funding would be made available for player recruitment, infrastructure and other investment needs. The Glazers first announced their intention to consider a sale of the club in November last year, with the first bids from Ratcliffe and Sheikh Jassim tabled in February. There have been reports that Ratcliffe’s offer is for 60 per cent of the club, with Avram and Joel Glazer retaining a combined 20 per cent stake, but sources close to Ratcliffe have not confirmed this. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-06-13 17:55
Private Equity Firms Have $1.5 Trillion to Spend, But Are Struggling to Seal Deals
Private equity firms hunting for acquisitions with their $1.5 trillion of unspent capital are struggling to seal deals
2023-06-13 17:54
China’s Stimulus Runs Into Wall of Doubts in a Bearish Market
The lack of confidence is so entrenched among China’s equity investors that government efforts to boost growth are
2023-06-13 17:53