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Credit suisse, silicon valley bank shorts raised billions in march

Hedge funds raised billions from taking up short positions against lenders in March, as the collapse of Silicon Valley Bank (SVB) sent ripples across ...

April 6, 2023, 7:21 am

Cineworld shares sink as it plots $2.3bn restructuring following asset sale failure

Cineworld's share price has slumped by more than a quarter on Monday....

April 3, 2023, 6:01 am

The puzzle of u.k. equity income performance

Between 2003 and 2009, the domestic sector attracted £10.4bn, while its global equivalent took in just £1.3b...

March 28, 2023, 2:21 pm

Bt group: broker upbeat despite ofcom setback

Jefferies repeated its ‘buy' advice and 190p a share price target for BT Group PLC (LSE:BT.A) in the wake of a regulatory stand-off that wiped £1.<...

March 17, 2023, 12:31 pm

Trainline falls short of sales expectations due to rail stirkes

Trainline, the rail and coach ticket platform, said industrial action meant net sales fell short of expectations for the year to 28 February 2023. Gro...

March 15, 2023, 3:56 am

Pan african resources secures final component of funding package for construction of the mintails project

Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) said it has completed a 400mln rand (US$21.6mln) transaction with Rand Mercha...

March 13, 2023, 4:03 am

Usd coin value falls after revealing $3.3bn held at silicon valley bank

The stablecoin fell as low as $0.87 as Circle broke the news that its reserves were at the collapsed lender...

March 11, 2023, 12:03 pm

Aevis victoria sa – aevis victoria achieved consolidated revenues of chf 1.143bn in 2022, up 27.8% (chf 895.0m) from prior year.

AEVIS VICTORIA SA (AEVS:SW) – AEVIS VICTORIA achieved consolidated revenues of CHF 1.143bn in 2022, u...

March 9, 2023, 6:44 am

Pboc sets usd/ cny central rate at 6.9666 (vs. estimate at 6.9668)

People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. CNH is the offshore yuan. USD /CNH has no restricti...

March 9, 2023, 1:15 am

Rivian seeks us$1.3bn fundraise amid cash crunch for electric vehicle maker

Electric van and pickup truck maker Rivian Automotive Inc (NASDAQ:RIVN) plans to issue US$1.3bn (£1.08...

March 7, 2023, 8:11 am

Rivian is raising $1.3bn. investors aren't impressed.

The electric-trucks start-up announced plans to raise money selling convertible debt....

March 7, 2023, 7:35 am

Pboc sets usd/ cny central rate at 6.9156 (vs. estimate at 6.9159)

People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.CNH is the offshore yuan. USD /CNH has no restrictio...

March 7, 2023, 1:15 am

British airways owner forecasts raised as strong demand tipped to continue

British Airway's owner International Consolidated Airlines Group SA (LSE:IAG) should do well this year say Liberum analysts, who see aviation demand...

February 28, 2023, 6:56 am

Elon musk back on top of billionaires' list after tesla share price surges

Elon Musk has regained his position as the world's richest person after shares in Tesla Inc (NASDAQ:TSLA) jumped 5.5% after hours in the US on Monday....

February 28, 2023, 3:17 am

Lloyds plays down hopes for 2023 but there is plenty of life left in uk banks

You'd be forgiven for thinking the banking world was about to implode judging from the stock market reaction to results from UK lenders, Lloyds Bankin...

February 22, 2023, 7:08 am

Rio tinto chops dividend as profits drop on slower china demand

Rio Tinto PLC (LSE:RIO) shares fell on Thursday as the global miner slashed its annual dividend and reported a 38% drop in full-year 2022 profit im...

February 22, 2023, 3:31 am

Lloyds banking group launches £2bn buyback alongside flat annual profits

Lloyds Banking Group PLC (LSE:LLOY) announced a £2bn share buyback alongside flat annual profits which were hit by rising bad debts. The high street ...

February 22, 2023, 2:34 am

Antofagasta sees pressures easing after tough year slashes profits

Inflation and weak copper prices took a toll on Antofagasta's full-year profits, though the Chile-based miner reiterated it expects an improvement in ...

February 21, 2023, 3:21 am

Natwest joins the buyback club as profits and dividends soar

NatWest Group PLC (LSE:NWG) reported a strong increase in annual profits, a big hike to the dividend and a £800mln buyback as rising interest rates b...

February 17, 2023, 2:43 am

Travelcenters of america stock rockets as bp to buy truck-stop operator for us$1.3bn

Travelcenters of America Inc (NASDAQ:TA) stock rocketed some 70% as oil-company-in-transition BP PLC (LSE:BP.) agreed to buy the US truck stop operat...

February 16, 2023, 11:19 am


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