Companies


'100% Committed': Sunak Vows Hit To Net Zero targets as He Scraps Key Climate Policies

Markets - Published date: .

Prime Minister Rishi Sunak has confirmed a ban on the sale of new petrol and diesel cars will be pushed from 2030 to 2... Read more

Gresham House Sets Eyes On Long-term Ambitions As Profits Climb

Markets - Published date: .

Gresham House has seen its adjusted operating profit up tick up 8% to £14.2m during the first half of 2023, as the fi... Read more

Castlefield Sells ACD Unit To Thesis Unit Trust Management

Markets - Published date: .

Thesis Unit Trust Management (Tutman) has acquired Castlefield Partners' authorised corporate director arm ConBrio Fun... Read more

Profits Slip At Brooks Macdonald Despite Rising Assets And Revenue

Markets - Published date: .

Profits have dropped at Brooks Macdonald despite a strong year of net inflows and rising funds under management, as to... Read more

BlackRock Tiered Fund Pricing Structure Divides Opinion

Markets - Published date: .

BlackRock’s introduction of tiered pricing for 41 of its UK retail funds has been met with mixed reactions from anal... Read more

Profits Dive 66% At Abrdn Investment Arm As Funds Struggle To Outperform

Markets - Published date: .

Profits across abrdn’s investment arm have fallen 66% over the first half of 2023 while heavy redemptions continue t... Read more

Two Home REIT Tenants Enter Creditors' Voluntary Liquidation

Markets - Published date: .

Home REIT tenants Redemption Project CIC and Serenity Support CIC have entered into creditors' voluntary liquidations,... Read more

Man Group Pre-tax Profits Drop Sharply On Lower Performance Fee Revenue

Markets - Published date: .

Man Group has posted a significant drop in core and statutory profits before tax in the first half of 2023, as the mar... Read more

Jupiter AM's CEO And Investment Chiefs On Share Price Woes, Active Management And The Rebirth Of Absolute Return

Markets - Published date: .

Editor James Baxter-Derrington speaks exclusively with the investment chiefs of Jupiter Asset Management, sitting down... Read more

Evergrande Reveals £62bn Losses In Delayed Results

Markets - Published date: .

Evergrande has reported £62bn in losses over 2021 and 2022, in the Chinese property behemoth's delayed annual results... Read more

Binance Sued By SEC Over 'variety Of Securities Law Violations'

Markets - Published date: .

The Securities and Exchange Commission has sued crypto exchange Binance over a litany of securities law violations, al... Read more

Bajaj Electricals To Increase Its Play In Premium Segment, Says CEO Poddar

Banking - Published date: .

Bajaj Electricals is increasing its play in the premium range in appliances and other segments, and expects the revenue ... Read more

JSW Group Exploring Possibilities To Acquire Coal Mines In Offshore Markets

Banking - Published date: .

Homegrown firm JSW Group is exploring possibilities to acquire coking coal mines in offshore markets, industry sources s... Read more

US Court Approves $50 Mn Lawsuit Over Apple's Flawed Butterfly Keyboard

Banking - Published date: .

A federal judge in the US state of California has finally approved the $50 million lawsuit over Apple's flawed butterfly... Read more

Equitas SFB Collaborates With IBM To Build Digital Banking Platform

Banking - Published date: .

Equitas Small Finance Bank has signed an agreement with IBM Consulting to design and build a digital banking platform ai... Read more

Hyundai Motor, LG Energy Solution To Invest $4.3 Bn In US Battery Plant

Banking - Published date: .

In October, Hyundai Motor Group began the construction of a 300,000-unit-a-year EV and battery plant in Georgia, aiming ... Read more

$150 Bn E-commerce Biz: Retail, Telecom, Media Mix To Put Reliance At Top

Banking - Published date: .

Billionaire Mukesh Ambani's Reliance is the best-positioned player in the USD 150-billion Indian e-commerce market ahead... Read more

Bayer CropScience Records 3.79% Increase In Q4 Profit At Rs 159 Crore

Banking - Published date: .

Bayer CropScience on Thursday reported 3.79 per cent increase in net profit at Rs 158.5 crore for March quarter 2022-23,... Read more

Apple Signs Multibillion-dollar Deal With Broadcom To Develop 5G Components

Banking - Published date: .

Apple has announced a new multiyear, multibillion-dollar agreement with the US-based technology and advanced manufacturi... Read more

ONGC, Oil India In Talks For 50% Stake In $3.4 Billion Kenya Oilfield

Banking - Published date: .

India's flagship overseas oil firm ONGC Videsh has got a new partner in Oil India Ltd to replace a reluctant IndianOil (... Read more