Rio Tinto targets Arcadium as lithium market wavers
Well, well, well. It looks like Rio Tinto, the mining giant with a hefty appetite for lithium, has decided to go shopping. Arcadium Lithium, once [more…]
Category: U.K.
Powell leads Fed in bold rate cut to counter labor market slowdown
In a move reminiscent of the financial turbulence of 2008, the Federal Reserve pulled the trigger on its first interest rate cut since the COVID [more…]
Arm’s shares tumble despite strong Q1 performance and A.I. boom
British chip designer Arm has revealed its first-quarter results for fiscal year 2025, surpassing analysts’ expectations by a comfortable margin. Yet, despite this triumph, its [more…]
Diageo’s stock spirals as Latin American sales take a hit
In a dramatic twist worthy of a soap opera, London-based spirits giant Diageo watched its shares take an 8% nosedive in early trading. The culprit? [more…]
S&P Global sounds the debt alarm
In a not-so-surprising twist, S&P Global has painted a rather grim picture for the future of debt levels in major economies, including the United States, [more…]
Golden Goose sets sights on €3 billion valuation with IPO move
In the bustling canals of Venice, the famed sneaker brand Golden Goose is making waves with its latest announcement. The brand, under the aegis of [more…]
Shein shifts IPO focus to London in response to U.S. regulatory challenges
Shein is shaking up its IPO plans, pivoting towards a London listing following obstacles in the U.S. market. Despite initial intentions to go public in [more…]
PSC Insurance welcomed into Ardonagh Group’s fold, set to bolster Australian presence
In a move set to shake up the insurance landscape, Australia’s PSC Insurance is poised to be acquired by the UK’s Ardonagh Group in a [more…]
Chinese collectors drive surge in art market growth with increasing sophistication
In 2023, China cemented its position as the world’s second-largest art market, sparking a surge in demand for art advisory services from banks, according to [more…]
Britain’s Financial Conduct Authority puts the brakes on crypto memes
In a move that could spell doom for digital jesters and meme lords alike, the Financial Conduct Authority (FCA) has tightened its grip on the [more…]
