IAG Shares Jump on Record Profits and €400M Buyback
International Airlines Group sees massive profit surge as travel demand rebounds, with plans to return €400 million to shareholders through share buyback programme.
Category : Markets
NS&I Slashes Premium Bond Prize Fund Rate
NS&I has announced significant changes to Premium Bonds, reducing the prize fund rate from 1.00% to 0.95% starting in June 2024. Discover how this affects your chances of winning and what experts recommend for savers.
ITV Shares Surge 35% on Comcast Takeover Talks
Broadcasting giant ITV sees stock surge 35% as US media titan Comcast enters exclusive talks to acquire its production and streaming divisions in landmark deal.
IAG Soars to Record £3.4bn Profit Amid Travel Boom
British Airways parent company International Airlines Group reports staggering £3.4 billion profit amid booming passenger numbers, with CEO Luis Gallego declaring 'a very strong recovery' across all airlines.
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ITV in talks to sell broadcasting arm to Sky
Exclusive: ITV considers historic sale of broadcasting division to Sky as Bank of England holds interest rates steady amid market uncertainty.
Wall Street Plummets as Trump Tariff Fears Hit Tech Stocks
US markets experienced significant volatility as former President Donald Trump's proposed tariff plans sparked a massive sell-off in technology shares, with AI giant Nvidia leading the declines amid renewed China trade tensions.
China Targets UK as Gateway for European EV Domination
Chinese EV manufacturers are aggressively targeting European markets, with Britain serving as a strategic entry point amid growing trade tensions and competitive pressures on domestic automakers.
Tesla shareholders approve Musk's £44bn pay package
Tesla shareholders have overwhelmingly approved Elon Musk's controversial $56 billion compensation package, ending months of legal battles and corporate uncertainty.
Tesla shareholders reinstate Musk's £44bn pay package
Tesla shareholders have overwhelmingly approved Elon Musk's colossal compensation package, worth approximately $56 billion, reversing a previous court decision that had blocked the massive pay deal.
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US Stocks Plunge Amid Widespread Layoffs and Hiring Freezes
Wall Street faces dramatic sell-off as employment data reveals widespread hiring freezes and rising layoffs across major US corporations, sparking recession fears.
Powerball Ticket Price Set to Increase
The cost of a Powerball lottery ticket is increasing for the first time in years, meaning Brits playing the US lottery will need to dig deeper for that life-changing jackpot dream.
Bank of England holds rates at 5.25% amid inflation concerns
The Bank of England maintains interest rates at 5.25% for seventh consecutive meeting as Governor Andrew Bailey signals caution despite falling inflation. Markets react as pound strengthens and budget concerns loom.
McDonald's Asia outage forces store closures across region
A significant technology failure has hit McDonald's operations across multiple Asian countries, forcing restaurants in Japan, Hong Kong, and Australia to suspend operations temporarily.
Wall Street's exodus to San Francisco and Phoenix reshapes finance
Major financial institutions are quietly shifting operations from Wall Street to San Francisco and Phoenix in a strategic move that's reshaping America's financial landscape.
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Michael Burry shorts AI stocks in $886M bet
Michael Burry of 'The Big Short' fame reveals he's betting against AI stocks, warning of an impending bubble burst that could mirror previous market crashes.
Hinduja Group billionaire Gopichand Hinduja dies at 85
Gopichand Hinduja, co-chairman of the Hinduja Group and key architect behind Britain's richest family fortune, has passed away in London at 85, leaving behind a £28 billion empire spanning multiple continents.
CEO Bonus Scandal: When Executives Actually Lose Pay
An explosive investigation reveals why Australia's corporate elite rarely face financial consequences for failure, exposing the broken bonus culture in boardrooms nationwide.
AI Bubble Fears Spark Global Market Sell-Off
World stock markets experience dramatic sell-off amid growing fears that the artificial intelligence investment boom has reached unsustainable levels, wiping billions from company valuations.
AI Bubble Fears Trigger Global Market Meltdown
World stock markets plunge as artificial intelligence stock valuations face reality check. Experts warn of overinflated tech sector and potential economic fallout.
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Novo Nordisk cuts forecasts again amid drug competition
Danish pharmaceutical giant Novo Nordisk cuts sales and profit forecasts for second time amid intensifying competition in weight-loss drug market.
Hinduja Group billionaire Gopichand Hinduja dies at 85
Gopichand Hinduja, co-chairman of the Hinduja Group and one of Britain's wealthiest individuals, has passed away at 85, leaving behind a legacy spanning industries from oil to banking across global markets.
Guinea's Simandou Threatens Australia's Iron Ore Dominance
Australia's iron ore industry faces unprecedented threat as Guinea's Simandou project, containing world's largest untapped deposit, prepares to flood global markets by 2028, potentially wiping billions from mining giants.
Michael Burry Bets Against Nvidia and Palantir
Exclusive analysis reveals Michael Burry's latest contrarian investment strategy as the Big Short legend places massive bearish bets against market darlings Nvidia and Palantir Technologies.
Britain's Richest Man Loses £6bn in Wealth
INEOS billionaire founder Sir Jim Ratcliffe suffers massive wealth decline as chemical market challenges impact his global empire, though he remains UK's wealthiest individual.
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