Latest in Direct Line shares jump 38% after rejecting Aviva’s £3.3bn offer to create insurance giant – business live
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Direct Line shares jump 38% after rejecting Aviva’s £3.3bn offer to create insurance giant – business live
UK car insurer, which owns Churchill and Green Flag brands, said approach was ‘highly opportunistic and substantially undervalued the company’. In other takeover news, the Australian investment ...World - The Guardian - 6 hours ago -
UK car insurer Direct Line rejects £3.3bn takeover offer by Aviva
The company, part way through a turnaround plan, says the cash and shares proposal undervalues the businessWorld - Financial Times - 18 hours ago -
Direct Line shares surge 42% on rejection of Aviva’s $4.2 billion takeover offer
Direct Line’s shares surged as investor’s hoped the rejection might pave the way for a second takeover bid from the U.K.’s largest insurance companyBusiness - MarketWatch - 4 hours ago -
The Israel-Hamas war in maps and charts
A visual guide to the conflict and its regional impactWorld - Financial Times - 21 hours ago -
Alibaba posts profit beat as China looks to prop up tepid consumer spend
The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.Business - CNBC - November 15 -
Military officials reportedly discuss how to handle illegal orders from Trump – live
Pentagon officials discuss what to do if Trump were to attempt to deploy the military domestically, CNN reports. Nancy Pelosi says Biden’s delay in exiting race blew Democrats’ chances ...World - The Guardian - November 9 -
Amazon shares jump 6% after earnings beat
Amazon's latest upbeat results were driven by growth in cloud and digital advertising.Business - CNBC - November 1 -
Iranian minister to meet European counterparts after nuclear offer rejected
Meeting comes amid fears Middle East tensions will lead Iran to redouble its efforts to acquire a nuclear weapon. Iran’s deputy foreign minister, Majid Takht-Ravanchi, will meet his European ...World - The Guardian - 4 days ago -
Snap shares jump after results come in better than expected
Shares of Snap Inc. rose after hours on Tuesday after the social-media platform reported third-quarter results that beat expectations and said its board authorized a stock buyback of up to $500 ...Business - MarketWatch - October 30 -
Novo Nordisk shares jump 8% after Wegovy sales beat expectations
Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance.Business - CNBC - November 6 -
Nissan shares jump after activist investor takes stake
Hedge fund Effissimo Capital is known for high-profile campaigns against big Japanese companiesWorld - Financial Times - November 12 -
Sage shares surge 19% as UK software group launches buyback
Financial software provider announces plan for £400mn share buyback and raises dividendWorld - Financial Times - November 20 -
Wall Street hits record high after Trump election win, as US dollar, bitcoin and Tesla shares surge – business live
Rolling coverage of the latest economic and financial news, as investors pile into Trump trades after US election result. Donald Trump elected US president in stunning political ...World - The Guardian - November 6 -
N.J. residents evacuate after fire jumps containment line
A brush fire burning across the New York, New Jersey border, jumped the containment line forcing residents to evacuate. NBC News’ George Solis spoke with two evacuees who said they “want to stay” ...Top stories - NBC News - November 17 -
Public sector pay rises and debt interest costs push up UK government borrowing; Bitcoin nearing $100,000 – business live
UK records the second highest October borrowing since 1993, while crypto-friendly Trump pushes bitcoin towards $100k. The jump in UK borrowing last month ( see opening post ) makes it hard for ...World - The Guardian - November 21 -
Sabres Rejecting Trade Offers For 2 Big Players
According to Elliotte Friedman, these two Sabres have generated interest, but they are not open to moving them.Sports - Yahoo Sports - November 9 -
Juan Soto rejects Yankees’ qualifying offer
In perhaps the least surprising news of the offseason, Juan Soto has rejected the Yankees’ one-year qualifying offer.Sports - Yahoo Sports - November 19 -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...World - The Guardian - November 8 -
Bitcoin breaks $82,000 for first time on Trump trades; UK government sells £1bn of NatWest shares – business live
Cryptocurrency more than doubles since January on hopes of lighter regulation; latest share sale takes UK Treasury’s holding in NatWest to 11.4%. Kemi Badenoch has said it is “extremely ...World - The Guardian - November 11 -
Reeves suggests businesses can ‘absorb’ national insurance rise
Labour chancellor’s first Budget sparked a backlash from companies, charities and GPsBusiness - Financial Times - November 3 -
Serco shares fall on Australian contract loss and changes to UK national insurance
UK operator of prisons and asylum accommodation expects a combined £38mn hit in 2025World - Financial Times - November 8 -
Palantir shares close up 23% to record on uplifting guidance
Palantir shares soared to a record on Tuesday after the software company reported better-than-expected results and issued uplifting guidance.Business - CNBC - November 5 -
Lyft shares soar 20% on results and autonomous-vehicle partnership
Lyft reported third-quarter sales that beat expectations while offering an upbeat demand forecast, after the ride-hailing platform earlier in the day announced an autonomous-vehicle partnership ...Business - MarketWatch - November 7 -
Man to create giant GPS penis for mental health
Terry Rosoman previously struggled with mental health issues and says he wants to help other men.Top stories - BBC News - November 1 -
US elections live: Harris addresses first-time voters as Trump performs ‘garbageman’ stunt
Democrat speaks in Wisconsin while Republican hammers Biden on Tuesday’s remarks. Don’t miss important US election coverage. Get our free app and sign up for election alerts . Tim Walz ...World - The Guardian - October 31 -
Tesla’s stock jumps on report Trump team to create rules for self-driving cars
Tesla stock rocketed on Monday on a report President-elect Donald Trump’s team will make rules for self-driving cars a priority.Business - MarketWatch - November 18 -
Former aide Sue Gray rejects Starmer’s job offer
Ex-chief of staff had been lined up for part-time role as link with devolved nations and regionsBusiness - Financial Times - November 12 -
38-year-olds launched a T-shirt side hustle that got endorsed by Oprah—their business could bring in $300,000 this year
Ashley and Kenny Green started apparel company Kaans Designs while Ashley was on maternity leave. Now it's a profitable business with a rare "Shark Tank" loan deal.Business - CNBC - Yesterday -
Boeing machinists end strike after approving labor contract with 38% raises
The vote is the third time since September that Boeing's machinists are considering a new labor deal.Business - CNBC - November 5