Are you ready to take flight with one of the most buoyant players in the helium exploration space? Welcome aboard, as we chart the ascent of Pulsar Helium, a company making remarkable financial and strategic strides in an industry that is quite literally lifting technologies and innovations to new heights.

The post Soaring High with Pulsar Helium: A Glimpse into the Future of Helium Exploration appeared first on Stockmark.IT.

In this insightful interview, Mark Sale., CEO of First Class Metals, sheds light on the current investor concerns and outlines why First Class Metals is a compelling buy now. Recorded amidst volatile market conditions, Mark discusses the progress of key projects, including the highly anticipated updates from the Zulu project, Panther Metals, and more, while answering questions from shareholders.

The post Investor Alert: Upcoming Field Season: First Class Metals Big Moves in 2023 appeared first on Stockmark.IT.

Local whisky producers are confident that they can continue to meet the demand for luxury goods despite a general decline in demand. The US is the biggest market for Scotch Whisky. Annabel Thomas is not discouraged by the softening of demand in the US. She believes that her distillery will still be profitable this year, […]

The post Scotch Whisky producers celebrate wealthy Asian drinkers for defying luxury gloom appeared first on Stockmark.IT.

The administrator of the company that is at the heart of Rene Benko’s crumbling property empire said only €250mn out of €5.26bn in debt had been secured by tangible assets. This raises new questions about the amount of money lenders can expect to recover. Christof Stapf is a Viennese lawyer who specializes in insolvency. He […]

The post Signa Holdings’ €5bn of debt is backed by €250mn in collateral, according to administrator appeared first on Stockmark.IT.

The largest luxury group in the world, LVMH, will increase its annual dividend despite a slowdown in sales growth after years of record profits and revenues. This marks the end of a historical luxury boom. Two of Bernard Arnault’s sons were nominated to the board of directors by the French billionaire Bernard Arnault. He is […]

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Mounjaro, a weight-loss drug that is available in an injectable pen in Great Britain in the near future for the treatment of diabetes and obesity will be made available by Eli Lilly after the UK medicines regulator approved its sale on Thursday. It will compete with Novo Nordisk’s Wegovy. Since its launch in September, the […]

The post Eli Lilly to launch weight loss drug in UK ‘within a few weeks’ appeared first on Stockmark.IT.

Apple executive claims that new EU digital regulations are going to make it harder for users of Apple products, and put them at risk of security threats. Apple’s App Store head Phil Schiller said on Thursday that the new Digital Markets Act of the EU is forcing the company to make changes which will affect […]

The post Apple App Store boss claims that EU digital regulations will negatively impact iPhone user experience appeared first on Stockmark.IT.

Yesterday, St James’s Place shareholders were shocked by disappointing quarterly inflows as well as plans for an operational review. The market was digesting news that net inflows totalled £770 million in the December quarter, a slower pace than earlier in the financial year and signs of possible upheaval. Mark FitzPatrick said that he is “reviewing […]

The post St James’s Place scares the market appeared first on Stockmark.IT.

Haleon sold ChapStick for more than $500m as it sought to reduce its debts while also boosting its stock price. The FTSE-100 company has agreed that it will sell its lip balms to Suave Brands for approximately $430 million cash plus a minority stake in Suave Brands valued at around $80 million. This is below […]

The post Debt-laden Haleon kisses goodbye to ChapStick appeared first on Stockmark.IT.

In response to increased scrutiny over foreign investment in British infrastructure, the government has imposed restrictions on Vodafone’s relationship with its largest shareholder e&. This is the United Arab Emirates based telecoms company. In a surprising announcement, the Government said that Vodafone’s role in cybersecurity as well as its supplier of services to the central […]

The post Ministers are concerned that Vodafone’s shareholder could pose a national security threat appeared first on Stockmark.IT.

The UK financial watchdog has revealed the extent of its investigation into historical commission agreements which led to consumers paying more than they should have in transactions dating back to 2007. The Financial Conduct Authority clarified on Wednesday the timeline for an investigation launched earlier this week into historical interest linked deals by motor finance […]

The post After FCA investigation into commissions, UK auto lenders may face a bill of up to £13bn appeared first on Stockmark.IT.

China’s central banks has cut the amount of cash required by banks to hold in reserve. They hope to increase the lending to businesses and households as they try to steer an economy that is still recovering. Pan Gongsheng (Governor of the People’s Bank of China, PBOC) announced on Wednesday that reserve requirements ratio will […]

The post China cuts bank minimum reserves by 0.5% appeared first on Stockmark.IT.

UK factories have reduced production and investment at the start of the new year. This is a result of escalating tensions in the Red Sea, which is negatively affecting manufacturers and preventing them from ending a period of contraction that has lasted nearly a year. Factory owners reported import price rises and delays to exports […]

The post UK factories reduce production for the 11th consecutive month amid tensions at Red Sea appeared first on Stockmark.IT.

The term “asteroid mining” might sound like something out of science fiction, conjuring up images of workers hacking at floating rock fragments in a galaxy in the distant future, or perhaps in some time or century, but it is a “science fact”. Some of its proponents — including a variety of ambitious private commercial companies […]

The post Space race to unlock mineral wealth of asteroids appeared first on Stockmark.IT.

Spotify is claiming a victory in Europe over Apple by allowing in-app purchases and promotion of its services, which were previously prohibited. The new iPhone app for the Swedish streaming service will, starting in March, display pricing and offers to its customers. It will also allow them to purchase new subscriptions via the app. Customers […]

The post Spotify wins the App Store Controls Battle against Apple appeared first on Stockmark.IT.

EasyJet expects its losses to be lower than the record-breaking deficit of last year, despite the £40 million hit caused by the suspension of flights to the Middle East. Budget airline shares rose to a near 18-month high on the back of the budget airline’s expectations that the six months leading up to the end […]

The post EasyJet’s losses to shrink despite Middle East loss of £40m appeared first on Stockmark.IT.

The French government wants the UK to plug a multi-billion-pound budget hole for nuclear power projects that are being built by France’s electricity provider EDF in Britain. The UK’s request for a contribution is likely to create tensions between Paris, London and the EU. This comes a day after the state-owned EDF revealed that the […]

The post The French government is pressing the UK to fill a multi-billion-pound gap in nuclear projects appeared first on Stockmark.IT.

AstraZeneca wants up to £100m in government assistance to expand its vaccine production facility located in the northwest of England. The UK’s largest public company, which is also the most valuable in the world, plans to submit an official application to the government next month for public funding, to help develop the nasal flu vaccines […]

The post AstraZeneca to invest £100m in a vaccine plant near Liverpool appeared first on Stockmark.IT.

Vertical Aerospace, an electric flying taxi company, received $50 million from its founder in order to stay airborne. Stephen Fitzpatrick is the Northern Irish businessman behind Ovo Energy. He will invest $25 million in equity capital at $10 per share initially, and another $25 million at an undisclosed price by the end July. If the […]

The post Vertical Aerospace founder gives $50m to Vertical Aerospace to keep it airborne appeared first on Stockmark.IT.

Hinkley C , the owner of , has blamed Brexit, Covid and inflation for its announcement that it could delay and cost £2.3bn another nuclear power plant. France’s EDF announced that the plant in Somerset is expected to be completed by 2031, and will cost up to £35bn. EDF said that the price will increase […]

The post EDF says Hinkley Point C may be delayed until 2031, and could cost up to £35bn. appeared first on Stockmark.IT.

Chinese markets are up after a report that Beijing is scrambling for billions of Yuan to be mobilized from state-owned companies to reverse the recent share decline. The Hang Seng China Enterprises Index (which tracks Chinese stocks in Hong Kong) has dropped to its lowest level in almost two decades. Bloomberg reported on Tuesday that […]

The post Chinese markets rise on news Beijing may consider £222bn State Rescue Plan appeared first on Stockmark.IT.

Bitcoin’s value has dropped by 15 percent in the last two weeks as investors have taken advantage of the launch of the bitcoin exchange traded fund earlier this month. They are taking profits and selling their volatile cryptocurrency. The price of Bitcoin fell as much as three per cent on Monday, dropping below $39,000 for […]

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The UK government borrowed less in December than was expected, which is a boon to chancellor Jeremy Hunt’s plans to reduce taxes in advance of the expected general elections this year. According to the Office for National Statistics, the borrowing of the public sector fell to £7.8bn in December last year. This is about half […]

The post The sharp fall in UK government borrowings in December has raised the prospect of budget tax cuts appeared first on Stockmark.IT.

UK asset manager Abrdn is preparing to make hundreds of job cuts as part of a drive to cut about £150mn in costs. The cuts could amount to about 10 per cent of Abrdn’s 5,000-strong workforce and are due to be announced on Wednesday during a trading update, according to a person familiar with the […]

The post Abrdn will cut hundreds of jobs in its restructuring plan of £150mn appeared first on Stockmark.IT.

Netflix has signed a five-billion dollar deal to stream World Wrestling Entertainment’s flagship Raw program in the US for the next decade. This is the biggest move yet by the company into streaming live events. The streaming service believes that showing three live shows a week, will help it capture the loyal fan base of […]

The post Netflix signs $5bn agreement to livestream WWE Raw appeared first on Stockmark.IT.

In its latest round of funding, a start-up company that clones people’s voice was valued at over $1 billion. This investment came from Silicon Valley heavyweights Andreessen Horowitz as well as Sequoia Capital. ElevenLabs converts written words into speech, which sounds like it was read by a real voice. The software “recreates human intonation with […]

The post AI voice-cloning start-up ElevenLabs achieves unicorn status appeared first on Stockmark.IT.

The Japanese economy seemed to have no limits in the 1980s. The economy grew rapidly, with a peak growth rate of 6.7% in 1988. This was a result of the robust expansion of the 1960s and 70s. Land in Tokyo can cost up to four times as much as Manhattan’s equivalent. In the 1980s the […]

The post Nikkei returns to top spot as Japan looks back at the Eighties appeared first on Stockmark.IT.

Inflation in the UK will not return to levels seen before Russia’s invasion of Ukraine because of rising wages, a senior executive at Associated British Foods has said. Eoin Tonge, finance director at the food-to-fashion group that owns Primark and makes Kingsmill bread and Twinings tea, said: “Labour inflation is going to keep inflation higher. […]

The post Primark boss warns of high inflation appeared first on Stockmark.IT.

Businesses are scrambling to protect themselves against a rival superpower At a press conference in the heart of Silicon Valley, five men in suits posed for a photograph that shed unprecedented light on the world’s most powerful intelligence partnership. The men belonged to the Five Eyes espionage alliance, each representing intelligence services from Britain, Australia, […]

The post The UK plc is exposed to cyber attacks of a ‘nuclear’ level because of the small print appeared first on Stockmark.IT.

Publishers complain that Google’s dominance of internet search has put them “between rock and hard place” when it comes to using their copyrighted work as the basis for its artificial intelligence models. They claim that Google has a huge advantage over its competitors because businesses are afraid that blocking Google’s AI-search “crawlers”, they will lose […]

The post Google puts publishers between a rock & a hard place over AI appeared first on Stockmark.IT.

Leading British drug companies, together with other pharmaceutical groups are urging an US judge to rule that the evidence plaintiffs’ attorneys want to use to support their 72,000 lawsuits alleging that discontinued heartburn drug Zantac causes cancer is not supported by science. Mark Cheffo told the Delaware Superior Court in Wilmington Judge Vivian Medinilla that […]

The post GSK faces a pivotal moment when the Zantac hearing begins appeared first on Stockmark.IT.

British Steel is expected to suffer increased losses due to the rising energy and raw materials prices following Russia’s invasion in Ukraine. In its delayed 2021 accounts, published just last week, Britain’s second largest steelmaker warned that the war in Eastern Europe had caused a period of significant volatility, both in terms of absolute prices […]

The post British Steel’s prospects are ‘uncertain’ due to costs surging appeared first on Stockmark.IT.

As wholesale gas prices continue their decline despite the new global political turmoil, it is expected that household energy bills will fall by 16 percent or just under £300 per year starting in April. Since the Ukraine War, Europe has been importing more gas from the United States. This has helped to limit the impact […]

The post The spring is the time when household energy bills are set to fall. appeared first on Stockmark.IT.

Investors were captivated by the takeover activity that took place across the Channel, which prompted a rally of British gambling stocks. This takeover was confirmed by Sweden’s Kindred Group. The company confirmed that La Francaise des Jeux (which operates the French lottery) had offered a €2.6-billion takeover. It would have created one of Europe’s largest […]

The post Lottery takeover talks boost gambling stocks appeared first on Stockmark.IT.

The number of businesses on the verge of bankruptcy has increased by a quarter over the last three months due to a “perfect storm” that includes higher interest rates, increasing costs and a downbeat consumer market. According to Begbies Traynor’s corporate restructuring experts, in the fourth quarter of 2023 there will be 47,477 businesses in […]

The post The ‘Perfect Storm’ brings tens and thousands of businesses to the brink of bankruptcy appeared first on Stockmark.IT.

A study found that a simple blood test could detect the earliest signs of Alzheimer’s. This has “huge implications” in screening people over 50 to determine their risk of the disease. Scientists from Sweden used a simple test kit, already available commercially to researchers. They found it could detect tau proteins that can cause Alzheimer’s […]

The post The Alzheimer’s blood tests detects the risk 15 years in advance of symptoms appeared first on Stockmark.IT.

Investors are rethinking the timing of Bank of England rate cuts in this year. The Ice Bank of America Index of UK Government Debt has fallen by 3.6% this month, more than twice its US counterpart. This is largely due to an unexpected acceleration of inflation. The shock added to the uncertainty on global bond […]

The post Gilts fall as traders reconsider timing of interest rate reductions appeared first on Stockmark.IT.

Apple paid Rbs1.18bn (12.3mn dollars) to the Russian state budget after a Moscow court found it guilty of abusing the App Store’s dominant position. FAS, Russia’s anti-monopoly regulator, announced Monday that it had received payment in response to a ruling from November that found Apple prohibited app developers from telling customers they could pay for […]

The post Apple pays $12mn in antitrust fine to Russia’s State Budget appeared first on Stockmark.IT.

The delivery firm DPD has disabled part of its artificial intelligence (AI) powered online chatbot after a disgruntled customer was able to make it swear and criticise the company. Musician Ashley Beauchamp, 30, was trying to track down a missing parcel but was having no joy in getting useful information from the chatbot. Fed up, […]

The post DPD AI chatbot swears at delivery company, criticises it and calls itself “useless” appeared first on Stockmark.IT.

It is a difficult task to get students to attend a morning seminar. Even the most hungover of freshers would be attracted by a physics lecture from Albert Einstein, or a masterclass in design from Coco Chanel. Some universities are bringing back dead or retired singers to the stage using holographic technology. Loughborough University is […]

The post Holograms thrill students at UK university appeared first on Stockmark.IT.

As a plumber tycoon Patrick Racz had become accustomed to deluges. But circumstances led to a very different kind of drenching, sitting in his local park in the rain contemplating the demise of his business during the dotcom crash. “I lost it all. I had young children. I felt embarrassed and upset at having let […]

The post British inventors seek to bite Apple for $18bn in patent war appeared first on Stockmark.IT.

Logistics experts warn that attacks on ships in the Red Sea could disrupt supply chains and create chaos for Europe’s retailers and manufacturers. Since Yemen’s Houthi militants, backed by Iran, increased attacks last month on vessels transiting through the Gulf of Aden or southern Red Sea. This shift affects mainly sailings between Asia & Europe. […]

The post After the Red Sea attacks, European retailers and manufacturers are facing a chaotic period appeared first on Stockmark.IT.

The US corporate bond market is “on fire”, as companies have sold record amounts of debt, $150bn since the beginning of the month. This has been the busiest start to the year in more than 30 years. According to London Stock Exchange Group data, investment-grade groups issued $153bn in bonds during the month of April. […]

The post Bond market flooded with record debt of $150bn appeared first on Stockmark.IT.

The Russian operator has suspended operations at a major terminal for gas outside St Petersburg following a large fire that broke out. It was caused, according to the Russian operator, by “external actions”. Novatek, Russia’s second-largest producer of natural gas, announced that it had stopped operations at the Ust-Luga Terminal on the Baltic Sea after […]

The post Fire at Baltic Gas Terminal blamed on ‘external actions’ by Russian operator appeared first on Stockmark.IT.

Gav Moule was supposed to be celebrating his 21st year of employment at the Port Talbot Steelworks in South Wales. The decision of the Indian owners of the steelworks to shut down its polluting furnaces has caused the 45-year old to fear he won’t be able support his family. He said, “I’m a third-generation steel […]

The post What does it mean for the UK that Tata Steel has cut jobs in Port Talbot? appeared first on Stockmark.IT.

British Steel, a Chinese-owned company, has been shocked by the resignation of its auditor. The new auditor was unable verify stock worth tens and millions of pounds. Moore Kingston Smith, who audited the finances of British Steel for just a year, has quit. This is a blow to British Steel’s hopes to unlock £600 million […]

The post British Steel is rocked by auditor’s resignation after only a year appeared first on Stockmark.IT.

After being personally lobbied by Emmanuel Macron, a British nuclear startup dropped its plans to build a groundbreaking power plant in Cumbria in favor of investing £4bn instead in France. Newcleo is based in London and is developing an advanced modular reactor, also known as a mini-nuclear power plant. This type of mini-nuclear power plant […]

The post Newcleo, a nuclear startup, has decided to build its factory in France instead of the UK. appeared first on Stockmark.IT.

According to a recent data analysis, Britain has lost out on international visitors who spend a lot of money after the government removed tax-free shopping as a result of its exit from the EU. The UK has seen a dramatic drop in non-EU expenditure since the scheme was scrapped in 2021 following Brexit. This makes […]

The post After UK scrapped tax-free shopping, high-spending tourists are turning to their European neighbours appeared first on Stockmark.IT.

Manchester United’s profit forecast has been cut after the club’s early exit from Europe’s premier football competition. This highlights the challenges facing billionaire Sir Jim Ratcliffe in his attempt to turn around the club’s fortunes. Ratcliffe has agreed to purchase up to 29 percent of Manchester United at a price of approximately $1.6 billion on […]

The post Manchester United cuts profit forecast after Champions League ejection appeared first on Stockmark.IT.

Google DeepMind used artificial intelligence (AI) to almost match the geometry problem solving skills of some of the brightest mathematicians in the world. This is a major step forward in the quest to apply this fast-growing technology for complex mathematics. According to a Wednesday Nature article, AlphaGeometry is the system of the tech giant that […]

The post DeepMind achieves gold standard in complex mathematics in the latest AI breakthrough appeared first on Stockmark.IT.

Investors lowered their expectations for a rapid interest rate cut in the eurozone and the UK, and also the US. The global sell-off occurred after European Central Bankpresident Christine Lagarde indicated that borrowing rates would fall in the summer and not spring. The sell-off also came after the first increase in UK inflation for 10 […]

The post Global stock prices drop as expectations of early interest rate reductions fade appeared first on Stockmark.IT.

Analysts have estimated that banks could be liable for a compensation bill of £10 billion due to unfair car financing deals. The Financial Conduct Authority announced last week that it will investigate whether people who take out loans before the end of January 2021 are unfairly being charged higher interest rates as a result of […]

The post Car lenders could be hit with a £10bn compensation payment appeared first on Stockmark.IT.

Elon Musk wants more control over Tesla, as it pushes the company into advanced technologies beyond car manufacturing. In a tweet on his platform Twitter/X he wrote, “I’m uncomfortable growing Tesla into a leader in AI and robotics without 25 percent voting control. It’s enough to have influence, but not too much so that I […]

The post Musk wants to increase Tesla’s stake in the company for it to become a leader in AI appeared first on Stockmark.IT.

Heathrow Airport, Britain’s international gateway, is facing further turmoil as investors who own 35 per cent of it have announced that they will be selling. Ferrovial, the largest shareholder in the airport, sold its 25% stake to the company. Ferrovial announced at the end of 2012 that it was selling its stake for £2.37billion. This […]

The post Heathrow investors are planning to sell off their shares, causing more turbulence. appeared first on Stockmark.IT.

Experts claim that the City regulator’s £230m compensation deal for Woodford Investors is “likely” to set a “dangerous precedent” for UK finance by removing the “cornerstone protection” of investors. Five academics with expertise in financial regulation wrote to the High Court Judge who will decide whether or not to approve the scheme. They warned that […]

The post Woodford compensation deal could set a dangerous precedent appeared first on Stockmark.IT.

After an unexpected increase in inflation, the FTSE 100 dropped by up to 2 percent. This dashed any hopes for an early interest rate cut. After official data revealed that consumer price growth in December had risen to 4% from 3.9 % the month before, the sell-off of London’s premier share index reversed a year-long […]

The post The shock rise in inflation has shattered hopes of early rate cuts appeared first on Stockmark.IT.

Apple’s software update last year lowered the volume on Audioboom, and the podcast platform revealed yesterday the impact of this change. The London-listed company announced in a trading update that it had generated revenue of $19.2 millions for the last quarter of 2023. This was up 37% on the previous period and 5% year-on-year. It […]

The post Podcasts on Audioboom are affected by the poison Apple update appeared first on Stockmark.IT.

Superdrug’s Christmas sales were boosted by the trend of people switching from expensive brands to own-label alternatives to reduce their rising living costs. The health and beauty retailer’s sales grew 9.2 percent in December. Like-for-like, they grew 7.1%. The company’s own-brand products saw a 10 percent increase in sales year-over-year, claiming that consumers were switching […]

The post Superdrug sales are boosted by the ‘Lipstick Effect’ appeared first on Stockmark.IT.

Mike Ashley may make a bid to buy the Meadowhall Shopping Centre in Sheffield. This would be his biggest wager on retail real estate so far. Frasers Group is the FTSE 100 retailer group owned by Ashley. It’s “one of a few parties” that have expressed an interest in Meadowhall. Meadowhall, owned by British Land […]

The post Mike Ashley is considering a bid for Sheffield Meadowhall appeared first on Stockmark.IT.

According to research, the Scotch Whisky industry contributed more than £7 billion in one year to the UK’s economy and supported 66,000 jobs. The Scotch Whisky Association trade body said that 41,000 direct and indirectly jobs were located in Scotland. The association’s last economic impact report published in 2018 showed that the gross value added […]

The post Scotch Whisky boosts UK economy by £7bn appeared first on Stockmark.IT.

According to estimates by a leading energy think-tank, installing carbon capture and storage at Britain’s biggest power station could eventually cost bill payers an extra £1 billion per year. Drax said it will spend billions on the conversion of two of its four power stations in Selby, North Yorkshire to Beccs or bioenergy with CO2 […]

The post Carbon capture by Drax could add £1bn to household bills every year appeared first on Stockmark.IT.

Rightmove is one of the stocks that have suffered as a result of bearish brokers squeezing in. Investors reacted negatively to JP Morgan’s concern about the profitability of the group if they need to defend their dominance on the market. In October, CoStar, an American property company , swooped down on OnTheMarket, a smaller competitor. […]

The post Rightmove in a seller’s market appeared first on Stockmark.IT.

Ocado’s boss said that customers returning to online grocery shopping following a post pandemic decline, helped the retail division of Ocado return to profitability. It also enjoyed a record-breaking Christmas. Hannah Gibson, CEO of Ocado Retail (a joint venture between Ocado Group, Marks & Spencer) said that the shopping behavior had returned to normal since […]

The post Ocado’s partnership with M&S generates record sales appeared first on Stockmark.IT.

A senior International Monetary Fund official warned that “exuberant” investor optimism could undermine hopes for a soft landing of the global economy. Gita Gopiath, the deputy managing director, said to delegates attending the World Economic Forum, that traders are making “premature bets” on the huge rate cuts expected from major central banks around the world […]

The post Investors who are overly optimistic could threaten a soft landing appeared first on Stockmark.IT.

GSK sold a Haleon stake worth approximately £1 billion on Tuesday evening as part of its plans to divest itself from the FTSE 100 consumer health care company. The British pharmaceuticals group Haleon has sold another 300 million shares, or about 3.2% of the company. Bank of America, Citigroup, and other financial institutions handled the […]

The post GSK sells Haleon stake worth £1bn appeared first on Stockmark.IT.

Discover the incredible journey of Flat Iron Steak Restaurants, from a London pop-up to nationwide success. Explore their impressive growth, financial milestones, and ambitious expansion plans.

The post The Rise of Flat Iron: A Steakhouse Chain’s Journey to Success appeared first on Stockmark.IT.

Discover why Ashmore Group's strong returns coexist with client withdrawals and how emerging markets continue to present opportunities for investors.

The post Ashmore Reports Strong Returns but Fails to Stem Withdrawals appeared first on Stockmark.IT.

Learn about potential delays in Boeing deliveries to China as safety inspections are intensified after an alarming incident. Explore the implications for the aviation industry and the hope for improved relations.

The post Boeing Deliveries to China May Face Delays for Safety Inspections appeared first on Stockmark.IT.

Discover how a shrinking jobs market is impacting the recruitment industry, as PageGroup issues a profit warning. Explore the broader economic context and implications for job seekers and businesses.

The post The Impact of a Shrinking Jobs Market on Recruitment Companies appeared first on Stockmark.IT.

Scottish Power's £5.4 billion investment in green energy cables marks a vital step towards a net-zero future. Learn about the plan's key components and its significance for the UK's energy grid.

The post Scottish Power Plans £5.4 Billion Green Energy Cables Upgrade appeared first on Stockmark.IT.

Qatar has stopped shipments of LNG through the Red Sea, a move which could force Britain into relying on its emergency fuel stocks. As Houthi rebels attacked vessels near the Bab El Mandeb strait, the Gulf nation, Britain’s third largest gas supplier, “paused” LNG shipments through the strait. QatarEnergy is the state-owned giant that may […]

The post Gas shipments to Britain from a vital supplier are stopped through the Red Sea appeared first on Stockmark.IT.

Crest Nicholson is one of Britain’s biggest housebuilders. It has now issued its third profit warning due to rising costs. This has sparked speculation that the company could be a target for takeover if its fortunes do not improve. In less than a fortnight, the Surrey-based firm will release its full-year financial results. The results […]

The post Crest Nicholson, UK housebuilder, warns about profits and raises takeover speculation appeared first on Stockmark.IT.

As part of a restructuring, the UK’s largest nightclub company plans to bring in administrators. This could lead to venues closing permanently. Rekom UK owns Atik, Pryzm and other brands. The company said that the sector had experienced an “extremely challenging” year, due to the cost of living crisis, and the rise in energy and […]

The post Nightclubs in danger as UK’s largest operator calls for administrators appeared first on Stockmark.IT.

According to an initial estimate published on Monday, German output declined by 0.3 percent last year due to high inflation, rising rates of interest and increased energy costs. This made Germany’s largest economy, Europe, one of the worst performers in the entire world. The German economy will decline in 2023, adding to a dismal start […]

The post Germany had the worst performance of all major economies in last year appeared first on Stockmark.IT.

According to a survey conducted by the World Economic Forum in Davos (Switzerland), a quarter of chief executives worldwide expect that the deployment of generative AI will lead to headcount cuts of at least 5% this year. According to a survey of PwC’s top directors, industries such as media and entertainment, finance, insurance, and logistics […]

The post CEOs predict that the use of artificial intelligence in this year’s workforce will result in job losses. appeared first on Stockmark.IT.

Amundi, Europe’s biggest asset manager, has joined 26 investors in demanding Shell improves its environmental targets during its annual meeting. This is the largest shareholder push for climate policy that the oil and gas company faces. The resolution, coordinated by the activist group Follow This called upon Shell aligning its “medium term” greenhouse gas emission […]

The post Shell criticised by Europe’s largest asset management company over climate policy appeared first on Stockmark.IT.

After suffering a second consecutive annual loss, the Bank of London, which is a newly formed clearing bank with Lord Mandelson as its chairman, raised £25m in investment funds. After winning a banking license, the company was launched in 2021. In November, it raised new equity to meet regulatory requirements. The Financial Conduct Authority and […]

The post Startup bank supported by Lord Mandelson raised £25m from investors appeared first on Stockmark.IT.

BT and Elon Musk’s Starlink are in discussions over a satellite-based broadband service. This could help combat the problem of rural black spots. The Telecoms giant is currently testing Starlink technology in its Adastral Park Research Centre near Ipswich, as it looks for ways to provide connections to difficult-to-reach places. Mr Musk’s company operates a […]

The post BT and Elon Musk’s Starlink are in discussions for a broadband deal appeared first on Stockmark.IT.

It has been revealed that Britain’s vast gas network still relies on a fleet aging aircraft engines. Some of these engines were removed from RAF Lightning fighter planes built in the 1960s. Jon Butterworth is the chief executive at National Gas. He said that many of the engines used to drive the gas through the […]

The post Britain’s gas system still uses engines from 1960s RAF jet fighters appeared first on Stockmark.IT.

Some of the world’s top economists warned this weekend that a prolonged conflict in Red Sea and the escalating tensions throughout the Middle East could have devastating effects on global economic growth, rekindling inflation and disrupting the energy supply. World Bank economists warn that the current crisis could lead to higher interest rates, slower growth, […]

The post Red Sea Crisis could undermine global economic recovery appeared first on Stockmark.IT.

According to a tax specialist, the Post Office may be insolvent after claiming tax benefits for compensation payments made to post office operators. Dan Neidle is the director of the non-profit Tax Policy Associates. He said that the Post Office claimed £934m in tax reliefs for its compensation payment and suggested that it may be […]

The post Expert: Post Office could be facing a bill of up to £100m for compensation tax relief appeared first on Stockmark.IT.

The Metropolitan Police said that police presence in City of London will be increased on Monday, after six pro Palestinian activists were arrested. They are suspected of plotting to disrupt the opening of London Stock Exchange. The Met stated that the six activists “intented to target the London Stock Exchange in the early morning hours […]

The post Six arrested over suspected plot to disrupt London Stock Exchange Opening appeared first on Stockmark.IT.

Like many married couples, Ugur Sahin and Ozlem Tureci work best as a double-act. Just as the duo were explaining how the German pharmaceutical company they founded, BioNTech, won the race to develop the Covid vaccine, Sahin leapt to his feet. “Let me show you,” the chief executive said, striding over to a whiteboard hanging […]

The post The Covid jab’s creators plot their next miracle appeared first on Stockmark.IT.

Burberry’s holiday advertising campaign featured images of dogs, ducks and a luxury blue leather handbag. It was placed next to an old knight’s glove. Daniel Lee, Burberry’s new creative director, had high hopes for the knight bag when it arrived in stores in September. He hoped it would be the first iconic bag of the […]

The post How Burberry misreads the market with its £2,500 handbag appeared first on Stockmark.IT.

At least three tech companies are looking to float on the London stock exchange. All three companies, including the computer designer Raspberry Pi and Quantum, a tech and cybersecurity company, as well as ClickASnap – a platform based in Dorset that helps amateurs make money – are working to list shares on London Stock Exchange. […]

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According to the International Energy Agency, the growth of renewable energy capacity in 2023 was the fastest in the past 20 years. This could help the world reach a major climate goal by the end the decade. According to the IEA, renewable energy capacity in the world increased by 50% in the past year, reaching […]

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According to the official standards body of the industry, in 2023 heat pump installations will reach record levels, as well as rooftop solar panel installations. Last year, almost 190 000 rooftop solar systems were installed, which is the highest number since the government cut its subsidy program in late 2011. According to data, the number […]

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What is the name of an Italian restaurant which does not serve pizza? The jokes at the Edinburgh Fringe Festival in 2022 were based on the restaurant Gusto’s. The Italian restaurant did not serve pizza because there was no one to handle the pala (the long-handled tray that is used to transport the dough into […]

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Pressure is mounting on the government to review more than £2bn in new contracts awarded to Fujitsu since a court ruling in 2019 found its Horizon IT system caused accounting errors that were blamed on 900 post offices . Since the landmark ruling, the Japanese company has won 101 contracts totaling £2,04bn. According to government […]

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After the failure of Silicon Valley Bank UK’s UK branch in March, British banks were spared the cost of prefunding an insurance scheme for multi-billion pound deposits. In a Consultation document released on Thursday, the UK Treasury detailed “modest reforms” to strengthen the regime to protect smaller banks from failure and improve resilience in banking. […]

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Chesapeake Energy agreed to purchase Southwestern Energy for $7.4bn in an all-share transaction. This will make the company the largest US natural gas producer. With an enterprise value of approximately $24bn the combined company will be the largest US gas supplier upstream. It will also feed the surge in demand for LNG exports along the […]

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Last year, Russia purchased at least one third of its critical battlefield components abroad from US-based companies and their allies. This was largely due to the fact that production facilities were outsourced to states with weaker export controls. According to an analysis conducted by , the Kyiv school of Economics, these goods — totaling $7.3bn […]

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The first US exchange-traded funds that have direct exposure to Bitcoin, the largest cryptocurrency in the world, made their long-awaited debuts on stock exchanges. On Thursday morning, nine new ETFs and 2 conversions from another products began trading across the New York Stock Exchange (NYSE), Nasdaq and Cboe Exchanges in hopes of attracting an influx […]

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After a decade-long slow improvement, the life expectancy of Britons has returned to the level it was in 2010. This is due to the Covid-19 pandemic. The Office for National Statistics announced on Thursday that the UK birth expectancy between 2020 and 2022 is 78.6 for men, and 82.6 for women. This represents a decrease […]

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Dyson lost its battle to get compensation of €176mn from Brussels for damages that it claimed were caused by energy label tests that penalised their vacuum cleaners. The British engineering company sought redress with the European Commission in 2018, after won five-year court battle to overturn regulations governing how vacuum cleaners are judged and marketed […]

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Amazon has cut hundreds of jobs from Prime Video, James Bond Studio MGM and Prime Video as it battles tough competition on the streaming market. In a memo sent to employees on Wednesday, the company announced that it would be eliminating “several hundreds of roles” after a review its TV and film output. Mike Hopkins, […]

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Donald Trump’s Scottish Golf Course Turnberry made its first profit ever after nearly a decade under turbulent ownership by the ex-US President. According to newly filed accounts, Trump Turnberry in Ayrshire, a resort of 800 acres with three golf courses, a hotel and other amenities, earned £571,000 profit in 2022. The company’s profit is up […]

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This week, the American oil lobby launched a media campaign with a budget of eight figures to promote the idea that fossil-fuels are “vital”, for global energy security. Climate experts were alarmed by this. The website of the new initiative states that “US natural oil and gas play a critical role in providing the world […]

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Persimmon exceeded expectations for new home construction last year. Falling mortgage rates helped boost property sales by the end of the calendar year. However, the company warned that the housing market will be “highly insecure” in 2024. It was announced on Wednesday that the FTSE 250 homebuilder had sold more than 9,500 new homes by […]

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According to the top executive of the project, there is no guarantee that the cost will not increase further. Sir Jon Thompson, the chair of HS2 told MPs that the official estimate of what is left of the controversial project was between £49bn to £56.6bn, but in 2019 prices. He said that adjusting for inflation […]

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