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…]
Category: U.K.
DigiPlus Interactive secures a spot in FTSE index, effective March 15
DigiPlus Interactive Corp. (DigiPlus), a prominent player in the retail gaming and leisure sector, has clinched a coveted spot in the FTSE Global Equity Index [more…]
Britain’s economy enters into a recession
In the wake of the global COVID-19 pandemic, Britain’s economy faced another setback, slipping into a recession in the latter half of 2023. Official data [more…]
UK services sector grows strongly, while France and Germany face challenges
In January, Britain’s services sector experienced robust expansion, marking its fastest growth in eight months, according to the S&P Global UK Services Purchasing Managers’ Index [more…]
Delivery Hero sells stake in Deliveroo, shares plummet
Berlin-based food delivery giant Delivery Hero witnessed a significant drop in its shares as it announced the sale of its minority stake in Deliveroo, a [more…]
Flutter lists on NYSE
On Monday, Flutter, the parent company of FanDuel, made its debut on the New York Stock Exchange, providing U.S. investors with an alternative investment opportunity [more…]
Qatar Holding initiates strategic share sale in Barclays as bank pursues turnaround plans
In a significant move reflecting changing investment strategies, Qatar Holding is set to divest approximately 510 million pounds ($643.72 million) worth of shares in Barclays [more…]
The Bank of England faces uncertainty in its upcoming monetary policy decision due to an unexpected drop in August’s inflation figures
The Bank of England’s upcoming monetary policy decision is now uncertain, as August’s inflation figures took a surprising downturn. Prior to the release of the [more…]
Arm, backed by SoftBank, plans to request a share price range of $47 to $51
ARM, a British semiconductor and software design company, has been at the forefront of innovation for decades, providing the architecture and intellectual property (IP) for [more…]
Arm aims for a $50-55 billion IPO valuation and intends to meet with potential investors next Tuesday
British chip designer Arm Ltd. is preparing for one of this year’s largest initial public offerings (IPOs) with a target valuation ranging from $50 billion [more…]