FirstRand, one of South Africa’s largest lenders, is putting its UK challenger bank Aldermore up for sale in response to ...

By striking at the heart of Iran’s industrial base, Israel has hit a vital source of non-oil export revenue for the Islamic ...

Bill Ackman’s cash-and-shares offer for Universal Music Group — with a headline price of €55bn — has the reverse problem. However much the activist hedge fund manager enthuses other shareholders, his ...

UK National Cyber Security Centre warns that vulnerable routers will let attackers steal passwords and log-in details ...

Reform UK has been accused of threatening Britain’s economy and public services after Nigel Farage’s party announced it would stop issuing visas to citizens of countries that demanded slavery ...

Hedge funds have amassed a record number of short positions against European stocks, in a bet that the region will be hard hit by the economic fallout from the Iran war. The number of short ...

The translator’s debut novel is a funny, moving and skilfully crafted story of obsession, performance and the fantasies that ...

Italy’s UniCredit and Commerzbank held talks about a potential takeover in recent weeks, but the German lender rejected the approach saying a deal did not offer sufficient upside for investors.

Proxy adviser Glass Lewis has recommended voting against Albert Manifold’s re-election as chair of BP over concerns about climate-related reporting, as investment group Legal & General also said it ...

A fancy water fountain display at New York’s LaGuardia airport alludes to one of the many reasons behind liquidity challenges at JetBlue Airways. Soaring fuel costs, limited scale and even creeping ...

Investors in cruise line operator Carnival Corporation are racing for the lifeboats. The company’s US-listed stock is down 18 per cent since the US-Israeli attack on Iran triggered a massive increase ...

But national prediction markets including Kalshi and Polymarket have clouded the picture significantly. These rapidly growing businesses offer “events contracts” that match customers who want to take ...