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WHSmith Scraps CEO’s £4.5 Million Share Package After Backlash
November 6, 2020
The share windfall, worth nine times CEO Carl Cowling’s base salary, provoked anger among investors.
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Post-Election Uncertainty Adds Billions to US Tech Fortunes
November 5, 2020
Though the future of the presidency is far from certain, big tech billionaires have emerged as early winners.
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Businesses Brace for Uncertain Election Results and No Fiscal Stimulus
November 4, 2020
With no clear winner in the presidential election, investors are urged to remain cautious.
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Mercedes-Benz Takes 20% Stake in Aston Martin
October 28, 2020
Mercedes’ quadrupling of its stake in the luxury brand comes as part of a new technical partnership between the companies.
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Samsung Chairman Lee Kun-hee Dies Aged 78
October 26, 2020
The chairman’s death has sparked speculation of a shake-up at the world’s second-largest consumer electronics company.
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Bezos Regains $200 Billion Net Worth as Prime Day Arrives
October 13, 2020
A 4.75% rise in Amazon’s value boosted the net worth of the world’s richest man by an additional $8.5 billion.
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IBM Plans to Split Its Business in Two
October 12, 2020
The long-lived technology giant will divest of its legacy IT systems to refocus on cloud computing and artificial intelligence.
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Rolls-Royce’s Stock Dive Eases
October 5, 2020
Struck hard by the COVID-19 pandemic, Rolls-Royce’s bid to make up for losses in the first half of the year sent its stock into freefall.
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Rolls-Royce Aims to Raise £5 Billion to Address Losses
October 1, 2020
Shares in the renowned engine maker fell to a 17-year low following its announcement of a rights issue.
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Apple CEO Tim Cook Receives First Major Stock Grant Since 2011
September 30, 2020
The grant, worth $114 million, ensures that the newly minted billionaire will be highly compensated through to 2025.
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Masayoshi Son Cuts SoftBank Shares Pledged to Lenders
September 25, 2020
In a move that may reduce the likelihood of SoftBank being taken private, its billionaire CEO has reduced stock pledged to financial institutions.
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A Record Week for IPOs
September 18, 2020
The week beginning 14 September has been the busiest for IPOs since Uber floated in May 2019.
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