By Daily Mail City & Finance Reporter Updated: 17:00 EDT, 21 May 2024 XP Power revealed it has turned down three offers from US rival Advanced Energy Industries Shares in XP Power rose nearly 50 per cent after it became the latest London-listed company to be targeted by foreign bidders. …
Read More »Greetings card industry sounds alarm over £3.5bn Royal Mail takeover
By Emily Hawkins Updated: 17:00 EDT, 21 May 2024 The greetings card industry has sounded the alarm over the proposed £3.5billion foreign takeover of Royal Mail. Small business operators are calling for a ‘national, reliable, affordable’ service to be protected as fears mount over the future of the 508-year-old firm. …
Read More »Tesla investors try to slam the brakes on Musk’s record £44bn payday
By Daily Mail City & Finance Reporter Updated: 17:00 EDT, 21 May 2024 Outcry: Tesla boss Elon Musk is in line for a record £44bn pay package A group of Tesla investors are urging shareholders to reject a record £44billion pay package for chief executive Elon Musk. Shareholders in the …
Read More »I’m a fund manager and this is why I’m backing the companies shaking up Japan’s financial system
In a country where cash has long been king, fintech innovators are at last shaking up old habits. Matthew Brett, manager of The Baillie Gifford Japan Trust, tells Joji Sakurai about three disrupters loosening the grip of the country’s traditional megabanks. As with any investment, your capital is at risk. …
Read More »Now video game giant is buyout target: £2bn deal for London-listed firm
By Jessica Clark Updated: 17:01 EDT, 20 May 2024 A video game firm has become the latest London-listed company to be targeted by foreign buyers. Keywords Studios yesterday said it would accept a £2billion offer from Swedish buyout giant EQT. A deal would see the Aim-listed firm leave London’s stock …
Read More »Who would qualify for a £100 Nationwide loyalty bonus payment?
Nationwide could announce another loyalty bonus this week Members had to have current account and at least £100 in savings or £100 left on a mortgage to get a bonus last year Who could be set to miss out again this year? By Helen Kirrane Updated: 06:13 EDT, 20 May 2024 …
Read More »I was ‘brokefished’ by my friend for £400 – can I salvage our relationship? Money psychotherapist VICKY REYNAL replies
Do you have a question for Vicky? Email vicky.reynal@dailymail.co.uk By Vicky Reynal Updated: 07:22 EDT, 20 May 2024 I need your help. My friend K has been recently telling our friendship group about how dire his financial situation has become. He spoke of overdue bills, not having enough money to …
Read More »RUTH SUNDERLAND: Stop cynical Royal Mail bid
By Ruth Sunderland for the Daily Mail Updated: 16:50 EDT, 19 May 2024 Daniel Kretinsky, the Czech Sphinx who wants to take over Royal Mail, learned his trade in the turmoil that followed the lifting of the Iron Curtain. The Velvet Revolution of 1989 happened in his formative years as …
Read More »Cadbury owner Mondelez to face scrutiny over selling chocolate in Russia at its AGM
By City & Finance Reporter Updated: 16:50 EDT, 19 May 2024 Holding firm: Mondelez boss Dirk Van de Put Cadbury owner Mondelez will face scrutiny over selling chocolate in Russia at its AGM this week. Senior MPs and campaign groups have lambasted it for selling a number of its brands including …
Read More »CITY WHISPERS: Boss Cook-ing up a big sparkler to woo De Beers buyers
By Francesca Washtell Updated: 16:50 EDT, 18 May 2024 De Beers boss Al Cook is in for one of the most high-pressure weeks of his working life. The diamond group is owned by Anglo American – whose chief Duncan Wanblad is busy fending off takeover bids from rival miner BHP. …
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