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TechnologyKeeping London Moving – Why a Connected City Is Good News for Tech
Top StoriesMiners Drag London Stocks Lower; Unite Group Slips
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Top StoriesExplainer-Boosting the City: Part Two of UK’s post-Brexit Finance Reforms
Cinepolis Exec Seen as CEO Candidate for Cineworld – Sky News
Date: July 4, 2023
Cinepolis exec seen as CEO candidate for Cineworld – Sky News (Reuters) – Cineworld Group is looking at Eduardo Acuna, who runs the Americas operations of Mexico’s Cinepolis, as a potential candidate to take the helm at the embattled British cinema chain operator when it emerges from bankruptcy proceedings, Sky News reported on Monday. It...
Aston Martin’s Shares Skid After It Drops Sales Volume Target
Date: June 27, 2023
Aston Martin’s shares skid after it drops sales volume target By Aby Jose Koilparambil (Reuters) – British luxury carmaker Aston Martin unnerved investors on Tuesday by leaving out a sales volume target as it stuck to its medium-term financial goals. Shares in the London-listed firm fell 4.3% to 346 pence by 0750 GMT. “The dropping...
Crh Shareholders Back Primary Listing Switch to New York From London
Date: June 8, 2023
DUBLIN (Reuters) – CRH shareholders on Thursday approved a plan to move the building materials company’s primary stock market listing to New York from London, with CEO Albert Manifold predicting “significant benefits” from the switch. More than 95% of shareholders at an extraordinary general meeting backed the move by the Dublin-based company. CRH is the...
We Soda to Sell at Least $800 Million Shares in Rare London IPO
Date: May 31, 2023
WE Soda to sell at least $800 million shares in rare London IPO By Pablo Mayo Cerqueiro LONDON (Reuters) – WE Soda, the world’s largest producer of natural soda ash, is looking to raise at least $800 million for its parent Ciner Group in an initial public offering (IPO), its chief strategy officer told Reuters,...
London Equities Fall as Energy Stocks Dip; U.S. Debt Ceiling Vote Eyed
Date: May 31, 2023
(Reuters) – Britain’s commodity-heavy stock indexes slid on Wednesday as weak China economic data drove commodity prices lower, while sentiment remained fragile ahead of a crucial vote on the U.S. debt ceiling issue. The exporter-heavy FTSE 100 logged a more than 5% drop in May, its worst May performance since 2015, as international factors like...
Nestle Hires LSEG’s Anna Manz as CFO
Date: May 30, 2023
LONDON/BERLIN (Reuters) – Nestle, the world’s biggest packaged food company, said on Tuesday it had hired the London Stock Exchange Group’s (LSEG) finance chief Anna Manz as its new chief financial officer. Manz will replace Francois-Xavier Roger, who the company said is stepping down to “pursue new professional challenges” after eight years in the role....