European exchanges team up for overhaul to rival US
European exchange groups in the EU are joining up their data, as regulators in the bloc look to take on the dominance of United States markets. As the European Commission pushes to create a...
String of defeats for struggling Chelsea
London: Having spent £600,000 million in signing new players, more than any other club, Chelsea are gradually reaching a crisis. They went down 2-1 at home to Brighton, following defeats against...
Economy not on the mend yet as recession fears persist
A recession is still on the cards in the UK despite the economy performing better than the experts were warning just a few months ago, according to new forecasts. Higher interest rates and households...
Spurs edge Brighton in fractious game
London: A well-contested match came to an end with tempers boiling over but Tottenham were relieved to claim all three points with a 2-1 win which keeps them in the running for a top-four finish....
Post-Brexit questions for finance sector unanswered
Finance leaders hoping that Chancellor Jeremy Hunt’s Spring Budget would answer some of the questions for financial services left lingering following Brexit, were left disappointed. Hunt’s speech...
Dealmakers predict more muted M&A activity
The muted levels of mergers and acquisitions and equity fundraising activity – which forced most major investment banks to cut jobs in 2022 – is expected to continue in 2023, according to a survey...
SWIFT was West’s first major option when Russia invaded
Cutting off Russian banks from SWIFT – the vital global payments network – was seen like a ‘nuclear option’ against Putin’s invasion of Ukraine. But it has not had the knock-on impact and...
Arsenal go 8 points clear on top of league
London, March 20Arsenal eased to a convincing 4-1 win over Crystal Palace putting themselves eight points ahead of Manchester City, who have a game in hand, in the race for the Premier League...
Business activity rebounds strongly in Europe
Europe’s biggest economies beat expectations as business activity returned to growth, boosting the chances they can stave off recessions. Gauges of private output in Germany and France both...
Kane’s brace in Spurs comfortable win
London: Tottenham retained their spot in the top four of the Premier League, inflicting a 3-1 defeat on Nottingham Forest. A double strike by Harry Kane from a header and a penalty kick, took his...
UK could get digital pound during this decade
The Bank of England (BoE) and the Treasury are convinced that a central bank digital currency (CBDC) is becoming increasingly necessary.“On the basis of our work to date, the Bank of England and HM...
Last-gasp Nelson winner sees Arsenal through
London: A last-gasp strike by Reiss Nelson brought a dramatic end to Arsenal’s remarkable 3-2 win over Bournemouth. The Gunners hit back from two-nil down after Bournemouth had taken the lead within...
M&A could rebound as startups cave to lower prices
The M&A market for venture-backed startups is expected to see a rebound in dealmaking this year as entrepreneurs and their investors resign themselves to accepting lower prices for their companies....
United end long wait for a trophy
London, Feb 27For a top club a six-year wait for a trophy is a long time and Manchester United ended that barren period with a 2-0 win against Newcastle to lift the Carabao Cup. Newcastle, on the...
Priority on equality in employment remains high
Fund groups are lagging behind banks and other industry peers in achieving gender parity on their boards, research by EY has found. The worst gender diversity was seen across boards of asset managers...
Spurs back in form with win over Hammers
London: Tottenham Hotspurs’ 2-0 win at home in the London derby against West Ham took them back into the top four of the Premier League, a sought-after position for Champions League...
Brexit pushes high earning bankers from UK to EU
The number of European Union bankers earning more than one million euros has reached new highs after Brexit, as lenders shift more key staff to the continent. The number of high-earning bankers in the...
Villa swept aside by City’s attack
Manchester: After the widely publicised reports last week about them breaking financial rules, Manchester City responded strongly on the field of play with a 3-1 defeat of Aston Villa.City manager Pep...
IMF’s gloomy predictions for UK economy
Britain will emerge as economically the weakest of the world’s richest countries, the only G7 economy to contract this year, according to forecasts by the International Monetary Fund (IMF). The...
Spurs win with Kane’s record goal
London: It was a special moment for Harry Kane as he drove in his 267th goal for Tottenham Hotspur to become the club’s all-time top scorer beating the record of the legendary Jimmy Greaves. It was...