Martin Franklin’s New Buyout Vehicle Raises $550 Million in IPO
An acquisition company backed by serial dealmaker Martin E. Franklin has raised $550 million, exceeding an earlier goal
2023-05-17 06:50
Investors Most Pessimistic So Far This Year, BofA Survey Shows
The mood among global fund managers soured further in May, with investors flocking to cash amid concerns that
2023-05-16 17:53
UK Loses Another Half a Million Days to Strikes in One Month
Britain’s economy lost another half a million working days to strikes in March amid the most severe round
2023-05-16 17:22
UK Labor Market Softens Even as Wages Continue to March Higher
The UK labor market showed fresh signs of cooling in a boost for bets that interest rates are
2023-05-16 16:29
LandSec Marks Down Portfolio by £848 Million as Rates Bite
Land Securities Group Plc marked down the value of its UK real estate portfolio by £848 million ($1.1
2023-05-16 16:20
Vodafone plans 11,000 job cuts
Vodafone said Tuesday it would cut 11,000 jobs over three years, as the telecoms company unveiled a turnaround plan to revive its fortunes.
2023-05-16 15:49
Morgan Stanley Weighs Cutting 7% of Asia Investment Bank Jobs
Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, with China taking the biggest
2023-05-16 13:59
Russia approves sale of Volkswagen plant to domestic dealership
A Russian government commission has approved the sale of Volkswagen's main factory in Russia to a domestic car
2023-05-16 01:45
Tennis Star Serena Williams, Citi’s Shafir Join Investment-Banking Firm Consello
Consello Group, a newly formed investment banking firm that has been on a hiring spree since forming last
2023-05-15 23:49
Braverman Says Immigration Threatens UK ‘National Character’
Home Secretary Suella Braverman lashed out against the UK’s soaring immigration levels, as she staked out a claim
2023-05-15 23:27
Europe’s Winter Gas Prices Tumble on Weak Demand Outlook
European natural gas prices for the winter months tumbled amid tepid demand, while higher-than-normal fuel stockpiles make it
2023-05-15 19:23
Hedge Funds Flip to Become Most Bearish on Pound Since 2021
Hedge funds are starting to doubt the pound’s rally will last much longer after a surprising run that’s
2023-05-15 18:15