Arc Minerals is preparing to begin drilling at the Virgo copper project in Botswana during August, while a settlement clears the way to advance its Kabompo West interests in Zambia.

AstraZeneca shares dropped after Wainua failed to reduce cardiovascular deaths and recurrent heart events in a late-stage trial, dragging on the FTSE 100.

Revolut has hired former Chase UK chief Kuba Fast to lead banking operations linked to its Lithuanian entity and support further European growth.

Panther Metals is adding a second drill rig at Wishbone after the first two holes intersected multiple zones of massive and semi-massive sulphide mineralisation.

BP CEO Meg O’Neill has called for tighter spending, lower complexity and a stronger focus on core oil and gas assets.

Shares of Watches of Switzerland Group PLC declined by 3% to 707.6p following a downgrade by Jefferies from ‘buy’ to ‘hold’, with the investment bank asserting that the luxury watch retailer’s substantial rerating has exhausted near-term valuation expansion opportunities. The downgrade was issued despite Jefferies raising its price target to 740p from 440p, which suggests […]

Shares in easyJet PLC climbed 14% to 668.49 pence in early trading on 10 July 2026 after Apollo Global Management agreed key terms on a potential £5.7 billion cash acquisition of the low-cost carrier. The American private equity firm’s offer surpasses a competing bid from Castlelake and has secured preliminary board support. Apollo has proposed […]

UBS has indicated that Rio Tinto Ltd may need to strengthen its copper project pipeline to prevent a growth gap emerging beyond 2030, with Argentina’s Los Azules project presenting a potential solution to this challenge. The Swiss bank maintains a Neutral rating on Rio Tinto, setting a price target of 7,300 pence. According to the […]

Meta Platforms Inc has revealed plans to establish a 1-gigawatt data centre in Sturgeon County, Alberta, representing the social media conglomerate’s inaugural Canadian facility of this nature. The investment exceeds C$13 billion, equivalent to approximately $9.17 billion, and positions the site as the company’s 33rd data centre worldwide. The facility has been specifically designed to […]

Bitcoin has recovered to $63,000, prompting Polymarket participants to anticipate a modest extension of gains. The recovery represents a sharp reversal from the pessimism that prevailed earlier in the week. On 1 July, the cryptocurrency fell below $58,000 to reach a 21-month low, concluding a difficult June in which it declined approximately 20% in its […]

Vodafone Group PLC shares rose 10% to 107.95p following confirmation that French telecommunications billionaire Xavier Niel has agreed to acquire the entire 16.2% stake held by Abu Dhabi operator e& for £4.4 billion. The transaction positions Niel as the largest shareholder in the FTSE 100 telecommunications company. Vega, an acquisition vehicle wholly owned by the […]

The principal question surrounding Grok 4.5 concerns whether a model priced significantly below its competitors delivers correspondingly reduced performance. Based on available evidence, the pricing structure appears to miss the fundamental value proposition entirely. SpaceX Corp released the model on Tuesday, marking its first launch since absorbing xAI and agreeing to acquire coding tool Cursor […]

Rockfire Resources PLC (LSE:ROCK) has announced that its farm-in partner, Eastern Resources (ASX:EFE), has returned high-grade rock-chip assay results from the Marengo Goldfield located in Queensland, Australia. The results strengthen the exploration thesis for shallow gold and silver mineralisation at the project. The recently collected rock-chip samples demonstrated anomalous to elevated gold concentrations across the […]

Krakatoa Resources Ltd has reported multiple zones of significant visual antimony from initial surface diamond drilling at the Zopkhito Antimony-Gold Project in Georgia, marking an encouraging early step in its 2026 exploration programme. The company has completed two surface diamond drill holes and four underground in-adit core sampling holes, with drilling targeting known antimony and […]

Chariot Ltd (AIM:CHAR, OTC:OIGLF) has announced plans to seek shareholder approval for a 25-for-1 share consolidation as the Africa-focused energy company accelerates its strategic pivot towards upstream oil and gas operations. The AIM-listed firm disclosed that the proposal would consolidate every 25 existing ordinary shares valued at 1p each into one new ordinary share valued […]

In the annals of modern European banking, Revolut’s latest appointment marks more than a routine leadership shuffle. It signals a deliberate strategy by a fintech group that began as a clever fintech novelty and aspires to sit at the core of continental finance. Kuba Fast’s arrival from JPMorgan Chase to head Revolut Bank UAB in […]

The decision by Kraken Technology Group to seal a financing round of 175 million dollars has not merely altered the prospects of a small coastal technology firm. It has also stirred a wider discussion about the shape of European and British defence capabilities in an era of rapid technological change. The company, based in Fareham, […]

Brussels has opened a formal anti dumping investigation into Pekin duck meat imports from China a move that signals a sharpened edge to Europe’s trade defence posture. The European Commission confirmed complaints lodged by five European poultry producers alleging that Chinese exporters have depressed prices in the EU market flooding it with cheaper duck meat […]

The Financial Conduct Authority has long presented itself as a steward of both market integrity and consumer protection. Its latest annual report foregrounds a striking shift in the way the organisation thinks about its workload, its processes, and the speed at which it can respond to new threats. The adoption of artificial intelligence within the […]

The late stage results for Wainua, AstraZeneca’s cardiovascular hopeful, have unleashed a fresh wave of reassessment about the company’s strategy, its reliance on a few big bets, and the fragility of investor confidence when a pivotal trial fails to hit its primary endpoint. In a sector where a single misstep can wipe out billions in […]

The High Court hearing into the Metropolitan Police and Palantir raises more than a single commercial dispute. It exposes a collision between the ambition to deploy advanced analytics in policing and the political fragility that surrounds public procurement in a time of heightened scrutiny over public spending, civil liberties, and the ethical boundaries of technology […]

Eurostar has always sold a particular idea of Europe: the ease of stepping onto a train in London and emerging in Paris, Brussels or Amsterdam with the faint sense that geography has been negotiated into something more manageable. This summer, that promise is being tested not by border queues or industrial disputes, but by the […]

There are moments in commercial aviation when calamity is not averted by the grandeur of technology or the certainty of procedure, but by a narrowing corridor of physics. One April afternoon last year, a Boeing 737 operating a Wizz Air service out of Luton began its take-off run for Athens with all the familiar cues […]

British drivers are being pulled back into an old, uncomfortable arithmetic at the forecourts: the price on the pump is no longer chiefly a function of domestic tax or supermarket rivalry, but of how quickly distant supply lines can be disrupted and how brutally global markets reprice risk when they are. Diesel, in particular, has […]

For years, the most lucrative corner of payments has been the one the public scarcely notices. Not the shiny consumer apps, nor the branded cards, but the dull, intricate plumbing that allows a subscription bought in Manchester to be settled in Manila, Jakarta or São Paulo using whatever method the local customer actually trusts. Boku […]

The International Monetary Fund has offered a cautiously reassuring verdict on an unsettled world: the global economy, bruised by renewed conflict in the Gulf and an attendant jolt to energy prices, has proved more resistant than many policymakers feared. Yet the Fund’s latest numbers, published against the backdrop of fresh US strikes on Iranian tankers […]

There is a particular sort of language that always appears when Britain talks about sewage: “storm overflows”, “exceptional circumstances”, “historic underinvestment”. It is language designed to soften what is, in practice, the routine discharge of foul water into rivers and streams. On Wednesday, Ofwat chose plainer words for Severn Trent Water’s performance, describing “serious failings” […]

The legal profession has always been adept at turning social change into doctrine. It takes a new technology, a fresh risk, a novel commercial habit, and then quietly, sometimes without fanfare, converts it into an expectation. What begins as optional convenience becomes best practice; what begins as best practice hardens into duty. This week, that […]

For a state that has long treated energy as both its birthright and its bargaining chip, Russia’s sudden decision to choke off its own diesel exports is a revealing act of defensive politics. Announced after a Kremlin meeting on Wednesday and set to run until July 31, the ban is being sold as a tidy […]

The most unsettling futures are not those imagined in distant galaxies, but those that grow out of the habits of ordinary life. Picture a hot July morning a generation from now in which the ritual of turning on the kitchen tap has become an act of faith. The water does not come. In parts of […]

A government-commissioned review has delivered a blunt verdict on Britain’s main disability benefit. Personal Independence Payment, designed to help people with long-term illness or disability meet the extra costs of daily life, is “not fit for purpose” and is no longer working as intended. Yet the interim report, led by Sir Stephen Timms, the social […]

The British housing market has always been susceptible to mood as much as mathematics. It responds to the price of money, to the cost of petrol, to the confidence of employers, and to the subtle signals sent by ministers and central bankers. Yet it is also, at crucial moments, a creature of attention. When the […]

On the waterfronts of Sydney, Melbourne, Brisbane and Fremantle, a familiar argument has returned in a newly sharpened form: who gets to pocket the gains when technology makes work quicker, safer and cheaper. This time the demand is unusually stark. Dock workers represented by the Maritime Union of Australia want a 28-hour working week, with […]

Terry Smith has never made much secret of his impatience with corporate theatre. The Fundsmith founder speaks in the clipped idiom of a long-term investor who believes that most of what passes for strategy is an expensive distraction from the unglamorous work of making soap, selling mayonnaise and earning a decent return on the capital […]

By mid-morning in London the numbers told a story that diplomats had failed to contain. Brent crude, the benchmark that does duty as the world’s shorthand for energy risk, had surged and briefly pushed beyond $80 a barrel before settling back. The move, a daily rise of 5.2 per cent to $78.02, was its biggest […]

The Office for Budget Responsibility has spent the past decade trying to persuade politicians to look beyond the next fiscal event, and beyond the next election, to the quieter mathematics that accumulates in the background. Its latest long-term assessment of the public finances is the sort of document that, in any sensible world, would sit […]

Capita has long sold itself to government as the steady pair of hands that can take complicated back-office systems off ministers’ desks and run them more cheaply, more efficiently and, crucially, out of the political firing line. This week the bargain looked frayed. After a Commons rebuke from Nick Thomas-Symonds, the paymaster-general, the outsourcer’s shares […]

After four months of drift, Britain’s housing market has produced its first clear sign of stabilisation. House prices rose by 0.2 per cent in June compared with May, according to the Lloyds house price index, a modest gain, but psychologically important in a market that has spent much of the spring moving backwards or treading […]

Graduation season used to mark a clean break. A final photograph on campus, a train home, a brief summer of family familiarity, and then the onward motion into shared houses, first jobs and the awkward freedoms of early adulthood. Increasingly, that arc has been interrupted. For many families, the journey from cap-and-gown to independence now […]

The Isles of Scilly are the sort of place that appears to have been designed to repel the modern British policy debate. A scatter of islands 28 miles off Cornwall, with a year round population that barely fills a village, it sells itself as a refuge from the mainland’s anxieties: rare wildlife, clean horizons and […]

ohn Lewis is preparing to remove some of the small courtesies that have long helped it feel different from its rivals. Gift wrapping stations will go in a number of branches. So will many of the foreign exchange counters that sit near the tills, selling euros and dollars to holidaymakers at the last minute. Taken […]

The allegation that Britain’s electricity system came close to failure is serious enough. The allegation that those charged with preventing failure then tried to ensure nobody could later piece together what happened is more corrosive still. At the centre of the row is the National Energy System Operator, or Neso, the taxpayer-backed body responsible for […]

The Bank of England is preparing to soften parts of the post-crisis rulebook that has governed British lenders since the financial crash, arguing that a system designed for one era is now producing frictions in another. Alongside its latest Financial Stability Report, the Bank set out proposals to ease how capital buffers and leverage constraints […]

The Bank of England has issued a stark double warning about the way global shocks are now travelling through Britain’s economy: first through household mortgages, then through the hidden plumbing of modern markets. The immediate alarm is familiar to millions of borrowers. The deeper concern is less visible, but potentially more destabilising: an investment boom […]

The Office for Budget Responsibility has acquired an unshowy talent for delivering bad news in a voice so measured that Westminster can pretend, for a while, not to hear it. Its latest assessment of the public finances is not quite a siren, but it is close: Britain, the watchdog says, is travelling an “unsustainable” road, […]

Lockheed Martin’s agreement to buy Ultra Maritime for $3.45 billion is, on its face, another large cheque written by the world’s biggest arms manufacturer. Look closer and it reads as a statement about where Western defence priorities have drifted, and why the industrial battle for advantage is increasingly being fought in the cold, cluttered acoustics […]

ITV’s decision to sell its media and entertainment business to Sky for £1.6 billion is the sort of corporate move that looks, at first glance, like an admission of defeat. Britain’s best known commercial broadcaster, custodian of some of the country’s most-watched channels and a public service brand with decades of habit behind it, is […]

Tesla is selling well in Britain again, and that simple fact carries a tangle of implications for Westminster, for rival carmakers and for Elon Musk himself. After months in which the company’s brand was bruised by its chief executive’s proximity to Donald Trump and the culture-war noise that followed, the data for June suggests many […]

Half a million Russian households declared bankruptcy last year, a sharp and unsettling measure of the strain now running through the country’s wartime economy. The figure, up nearly a third on the previous year, is not merely a social statistic. It is increasingly read by European officials and analysts as an early warning signal: the […]

Only months ago, the oil market was braced for a familiar kind of panic: a geopolitical shock that chokes supply, spikes prices and forces governments into hurried, expensive choices. The closure of the Strait of Hormuz, a narrow maritime bottleneck at the mouth of the Gulf, looked like the sort of event that can redraw […]

Sir Jim Ratcliffe has never been shy of a fight, but his latest broadside is aimed less at rivals than at Brussels itself. In an open letter to Ursula von der Leyen, the president of the European Commission, the Ineos chairman argues that Europe is allowing a foundational industry to wither under a tide of […]

A quiet threshold has been crossed in Britain’s car market, one that tells its own story about price, policy and a shifting global balance of industrial power. In June, registrations of battery-electric vehicles and plug-in hybrids combined moved ahead of petrol-only cars, ending a long period in which the default choice for most new-car buyers […]

When a Swiss pharmaceutical giant agrees to pay up to $1.5 billion for a British biotech that is not yet selling a single medicine, the first instinct in London is to reach for a celebratory narrative. Here is proof, ministers and investors like to say, that the country’s universities can still spin world class science […]

In the spring of 2020, with hospitals bracing for a virus that was still poorly understood and supply chains collapsing in real time, Whitehall found itself in a dilemma that has become a defining moral test of the pandemic: how to buy enough protective equipment, quickly enough, without surrendering either competence or accountability. Six years […]

In the week of American Independence Day, the language of national destiny was repurposed for personal finance. From the Oval Office on July 4, President Trump formally launched a new investment vehicle for the young, promising that these accounts would swell alongside what he described as a booming economy. Within days, the programme had acquired […]

When a board has spent weeks insisting that an approach is “highly opportunistic”, that it “significantly undervalues” the business and that it raises “significant questions of deliverability”, investors are entitled to ask what, precisely, changed. In easyJet’s case the answer appears to be twofold: more money and a promise, however delicately phrased, that the bidder […]

Zuber Issa has agreed to buy 85 petrol stations from the collapsed Prax Group, a deal that underlines two stubborn truths about modern Britain: fuel retail remains a cash-generating business even as ministers talk up the end of the internal combustion engine, and distress elsewhere in the supply chain can still produce bargain opportunities for […]

When Lord O’Neill of Gatley chooses his words carefully, it is usually because he wants policy to move, not merely to make a point. As one of Andy Burnham’s most senior economic advisers, the former Goldman Sachs asset management chairman is not prone to theatrical gestures. Yet the argument he and five other economists have […]

Wedbush has commenced coverage of SpaceX Corp with an outperform rating and a price target of 190 dollars per share, representing a potential upside of approximately 16 per cent from the previous day’s closing price of 163.33 dollars. The brokerage’s assessment positions the company as an emerging hyperscaler rather than merely a launch services provider. […]

Few arguments in British industrial policy are as familiar, or as politically charged, as the one now raging over steel. Ministers insist they are defending a strategic domestic capability from the corrosive effects of subsidised global overcapacity. Manufacturers in aerospace, defence and high-end engineering reply that the government has erected a barrier in precisely the […]

The government has decided that the old tools are no longer enough for a problem that has grown both larger and harder to see. From next year, the Insolvency Service expects to have a new specialist taskforce fully up and running, armed with AI-driven analytics and backed by £25 million over five years, to hunt […]

On a first encounter, Farnworth Green presents the sort of municipal optimism that looks persuasive from a train window. Step off at the bus station and you are met by the fresh civic livery of Greater Manchester’s Bee Network, bright and confident, a promise that the machinery of local government has been tightened and made […]

Andy Burnham is learning, quickly, that manifestos are not contracts so much as starting positions. In the heat of an election, they are drafted to reassure voters and to box in opponents. In office, they become a set of political constraints to be interpreted, stretched and, when necessary, politely redefined. The Labour leadership has spent […]

Shore Capital has revised its rating on Close Brothers Group PLC to buy from hold, suggesting that the specialist lender and asset manager now presents an attractive risk-reward profile for investors. The brokerage has raised its price target to 495p from 490p, representing potential upside of approximately 21% from the current share price of 408p. […]

Shares in MedPal AI plc declined by 10% to 3.6 pence on Friday following the announcement that the digital health and artificial intelligence company had successfully raised £5 million through a placing of new ordinary shares. The share price movement occurred despite the placing being priced at 3.5 pence per share, representing a significant 40% […]

Meta Platforms Inc has confronted internal challenges in its ambitious restructuring programme, with chief executive Mark Zuckerberg admitting to staff that the company’s artificial intelligence agent systems have failed to progress at the anticipated pace, according to a recording obtained by Reuters. During an internal town hall meeting held on Thursday, Zuckerberg acknowledged that the […]

On a warm July afternoon, as Westminster prepared for the usual churn of statements, briefings and political theatre, a less visible drama was unfolding in the machinery beneath the state. The compromise was not of a minister’s phone or a high-profile database, but of something more quietly consequential: the usernames and passwords that allow officials […]

The story of “Stargate UK” was sold as a landmark in modern industrial strategy: a transatlantic partnership, a flagship datacentre, and a signal that Britain would not merely consume the next wave of artificial intelligence but help to host and power it. Ministers spoke in the language of momentum and scale. The north-east of England […]

For the small firms that make Britain’s Christmas economy feel local, personal and worth paying for, the festive season is not a gentle uplift but a hard sprint. It is when the year’s stock decisions, marketing gambles and late-night packing sessions are either vindicated or punished. It is also, increasingly, when their fortunes depend less […]

In the ritual theatre of the Nasdaq MarketSite, where founders pose for photographs beside the ticker and investors try to read a company’s future in the first minutes of trading, Bending Spoons’ arrival looked like another well-rehearsed technology flotation. Yet the market’s reaction suggested something more complicated: a business that does not fit neatly into […]

The NHS’s next attempt to tame demand begins, as so many modern reforms do, with a smartphone. Ministers and NHS England have confirmed that the NHS App will begin using artificial intelligence to triage patients and steer them towards the most appropriate service, including GP appointments, pharmacies or accident and emergency departments. The update is […]

Starling Bank has told staff it will cut 130 jobs while increasing investment in artificial intelligence, a combination that has become a familiar corporate refrain but lands with particular force in a business built on the promise of doing banking differently. The redundancies, representing about 3% of the workforce, are being presented as part of […]

On an unremarkable afternoon in Milton Keynes, a small white box on six wheels noses its way along the edge of the pavement, keeping a cautious distance from a pram, pausing at the lip of a dropped kerb, then continuing as if following rules only it can see. It carries a bag of groceries ordered […]

For the devotees of America’s newest obsession, the future is no longer something to be endured, forecast or feared. It is something to be priced, traded and, if you fancy your chances, exploited. On platforms with names that sound like fintech start-ups and behave, to critics, like digital betting shops, almost any uncertainty can be […]

For a business built on punctuality, easyJet has spent the past few years looking as though it is permanently stuck in a holding pattern. Passenger demand returned after the pandemic; rivals rebuilt their schedules with a ruthless confidence; yet the Luton-based carrier’s share price never quite regained cruising altitude. That lingering investor scepticism is precisely […]

The revolt gathering pace inside Britain’s biggest housebuilder is not the usual grumble about executive pay or a poor quarter’s trading. It is a more fundamental argument about what a listed homebuilder is for, and whether its board still understands the compact it has with shareholders at a time when the stock market has decided […]

Hargreaves Lansdown has spent much of its life behaving like the incumbent it is: dominant, well-capitalised, and comfortable charging a little more than the upstarts snapping at its heels. That posture has become harder to sustain in a market where the mechanics of investing have been commoditised, platforms can be switched with a few clicks, […]

There are few things more British than a pub door unlocked against the sensible advice of bedtime. The nation has built an entire folklore around last orders, closing time and the small, negotiated liberties that allow a room of strangers to become a temporary community. Yet even by those elastic standards, the instruction that pubs […]

The moment Britain’s electric car market ceased to be a niche pursuit for early adopters and became, in simple arithmetic, a mainstream choice has been approaching for some time. In June it arrived with a clarity that even the most sceptical corners of the motor trade will struggle to wave away: battery-electric vehicles accounted for […]

The £2.7 billion takeover of Tate & Lyle by Ingredion has been greeted in the Square Mile with the sort of quiet satisfaction that rarely makes it into the deal announcement. For London’s advisers, it is not simply another transatlantic acquisition; it is a reminder of how reliably a large public-company transaction can translate into […]

The symbolism is hard to miss. A Yorkshire engineering business that helped to keep Spitfires in the air at the moment Britain most needed them has been sold to a German group whose own wartime past sits on the other side of history. David Brown Defence, based in Huddersfield and tracing its roots to the […]

When an asset manager the size of Aviva Investors decides to pick a public fight with a board, it is rarely about theatrics. It is about price. In the contest now forming around DCC, the Dublin-headquartered energy and services group in the FTSE 100, Aviva has become the latest large shareholder to warn that the […]

For years, Britain’s retail parks were treated as functional afterthoughts: practical sheds on ring roads, useful for buying a sofa, a tin of paint, or a replacement tumble dryer, but rarely celebrated. They were the places people went with a purpose, not the places they lingered. That hierarchy has been upended. As town centres wrestle […]

Mark Carney has spent much of his public life urging governments, banks and boardrooms to treat climate risk as financial risk. Now, as Canada’s prime minister, he is arguing that the country cannot afford to keep treating decarbonisation as a near-term constraint on growth. In a video address this week, Carney backed a major new […]

Tesla employees have been told to curb their use of external artificial intelligence tools, after Elon Musk introduced a weekly limit of $200 (about £150) on spending with third-party AI services. The instruction, reported by The Information, lands at an awkward moment for corporate America, where executives are simultaneously demanding the productivity gains promised by […]

Few public policy questions expose the uneasy seams between evidence, bureaucracy and human cost as sharply as cancer screening. Ministers promise to follow the science; committees promise to keep pace with it; patients and families assume that when the data shift, the system shifts with it. Yet the story now unfolding over prostate cancer screening […]

Manchester and Stansted have spent the past year doing what British aviation has become adept at since the pandemic: absorbing shocks, improvising around constraints, and still finding a way to grow. Both airports have posted record passenger totals, consolidating their places behind Heathrow and Gatwick as the country’s third and fourth largest hubs. Yet the […]

London has a habit of absorbing contradictions and carrying on regardless. It sells itself as a world city where talent is meant to be welcomed, capital is meant to find a home, and the young are meant to be able to arrive with ambition rather than inheritance. Yet it is increasingly a place where the […]

PwC’s decision to base its next main London office in Canary Wharf is being read, with some justification, as another vote of confidence in a district that has spent the past few years trying to persuade the City that it is more than a monument to pre-crisis finance. The Big Four firm has agreed to […]

The Bank of England is moving towards a more interventionist posture in one of the least glamorous but most consequential corners of modern finance: the repurchase agreement market that oils day to day trading in UK government bonds. Officials are drawing up proposals to limit how much short-term borrowing hedge funds can raise against gilts, […]

There is a familiar rhythm to the consumer electronics business: a new generation of devices arrives with promises of speed, clarity and convenience, and within months the price becomes the real story. Alex Baldock, departing after eight years as chief executive of Currys, believes that story is about to turn harsher. He expects the cost […]

The Government has chosen to sell its new defence settlement in the language of urgency and arithmetic. A single number has done much of the work: £15bn. That is the additional sum ministers say will be spent on defence by 2030, compared with what had previously been pencilled in. It is meant to sound like […]

The case for shifting power out of Westminster is almost always made in the language of fairness, but it is increasingly argued in the language of necessity. Britain’s economy has spent much of the past two decades oscillating between disappointment and fragility, while the political map has hardened into a geography of winners and losers […]

There are moments in modern capitalism when a company’s most valuable product is not its code, its user base, or even its revenue prospects, but its positioning. In Silicon Valley, where the rhetoric is usually of disruption and liberation, the most enduring lesson has been older than the microchip: power prefers proximity. Sam Altman, the […]

In the City, where careers are made on speed and secrecy, the most revealing battles are often fought long after the trades have settled. Citadel Securities, the formidable market-making arm associated with Ken Griffin’s financial empire, has brought a familiar modern drama to the High Court in London: a departing star, a new venture in […]

A decade ago, the Issa brothers were the sort of businessmen whose success was most easily measured in forecourts acquired and geography conquered. Now they are preparing for a different kind of reckoning: one administered by public investors, quarterly disclosures and the cool, unromantic arithmetic of a New York listing. Mohsin and Zuber Issa, the […]

In the folds of North Devon, where pasture breaks towards river valleys and the pattern of fields still reflects an older economy, a proposal has arrived that seems to belong to another country entirely. Xlinks, the company once associated with the abandoned ambition of bringing solar power from Morocco to Britain through a vast subsea […]

When a company as large and historically secure as Volkswagen begins to contemplate cutting as many as 100,000 jobs worldwide, the tremor is felt far beyond its own payroll. This is not merely a corporate restructuring on an uncomfortable scale, nor even a particularly bruising moment in a cyclical industry long accustomed to booms and […]

For much of the past decade, the business of electric scooters and hire bikes was treated as a curious blend of technological promise, venture capital bravado and municipal irritation. The vehicles arrived quickly, sometimes chaotically, and the companies behind them behaved as if urban transport were simply another software category waiting to be conquered. Lime’s […]

For years, the most eye-catching numbers in the upper reaches of the legal profession belonged to the magic circle, those London-headquartered firms whose global scale and premium client rosters placed them in a financial league of their own. This summer, however, a more revealing milestone has emerged a little further down the table. Addleshaw Goddard […]