Apollo Looks At Costa Coffee
Coca-Cola is exploring strategic options for Costa Coffee, the British café chain it acquired in 2018, amid underwhelmi... Read more
Rising Gilt Yields Puts UK In IMF Zone
Rachel Reeves faces the prospect of imposing further large tax increases this autumn after a sharp rise in government bo... Read more
Gerko Earns Record £682mn As XTX Markets
Alex Gerko, founder of XTX Markets, received a personal payout of £682mn last year from the profits of his electronic... Read more
Klarna Revives IPO Despite Wider Losses
Klarna has reported a wider quarterly loss as the Swedish fintech gears up for a second attempt to list in New York, hop... Read more
Phoenix Debt Deal Opens Australian Expansion Drive
Phoenix Group, the UK’s largest savings and retirements business, has launched its first investment in Australia with ... Read more
Canvas $42bn, Justified?
Got it — I’ll prepare a 1,000-word Breaking News article on Canva’s $42bn valuation share sale, keeping to the GFM... Read more
Liberty Global Restructuring Push Continues
Liberty Global is preparing to spin out “one or more” of its subsidiaries within the next two years, chief executive... Read more
China To Subsidise Consumer Loans
China’s finance ministry will cover part of the interest payments on some consumer loans, in the latest attempt to boo... Read more
So We Have An Example
Perplexity is backed by high-profile investors including SoftBank, Nvidia and Amazon founder Jeff Bezos. The company’s... Read more
Can Dubai Keep Its Crown
The Dubai International Financial Centre (DIFC) is busier than at any point in its 20-year history. Since 2021, the numb... Read more
BP Faces Break-Up Speculation
BP’s efforts to steady its long-term strategy and restore investor confidence took a hit this week as pressure mounted... Read more
McDonalds Sales Rebound
McDonald’s has reported a return to growth in the second quarter, buoyed by higher spending among middle- and upper-in... Read more
OpenAI Courts $500bn Valuation
OpenAI is in talks to sell employee shares in a transaction that could value the ChatGPT maker at $500bn. If successful,... Read more
Mainland Inflows Fuel Hong Kong Market Revival
Chinese investors have poured a record sum into Hong Kong equities this year, reinforcing the territory’s growing depe... Read more
Apples Strong Quarter But Tarriffs Create Drag
Apple delivered a robust set of quarterly results late on Thursday, posting a sharp rise in iPhone sales and record reve... Read more