Category : Corporate


WH Smith Hunts for New Chair After Accounting Crisis

Crisis-hit retailer WH Smith is working with headhunters to find a new chair to replace Annette Court within 18 months. The move follows an accounting scandal and a 45% share price plunge. Read the latest.

Finance worker told to 'spread legs' for contract

A former finance professional reveals shocking sexual harassment she faced, including being told to 'spread her legs' for a contract. She discusses the industry's toxic culture and her new mission to support victims.

Charity watchdog probes City & Guilds sale

The Charity Commission has launched a statutory inquiry into the sale of the City & Guilds business arm. Discover the concerns over the £1.5bn deal and its impact on the charity's educational mission.

X UK Profits Slump 65% as Advertisers Flee

Turnover at Elon Musk's X in the UK collapsed from £69.1m to £28.8m in 2024. The platform faces a brand safety crisis and political pressure. Read the full financial breakdown.

Rio Tinto in $200bn Talks to Buy Glencore

Rio Tinto and Glencore confirm preliminary talks for a potential all-share merger, which could create a mining behemoth valued at over $200bn. Read the latest on this seismic deal.

Glencore and Rio Tinto Restart Merger Negotiations

Mining giants Glencore and Rio Tinto have resumed talks on a potential mega-merger that could create the world's largest mining firm. The deal, driven by record commodity prices, faces a key deadline in February. Read the latest.

Private Equity 2026: AI Caution & Slower Deals

Private equity deals will take longer in 2026 as firms use continuation vehicles. AI caution grows, while £893tn of 'dry powder' fuels public-to-private deals. Expert analysis inside.

Latham & Watkins raids A&O Shearman for 10 lawyers

Latham & Watkins has hired a 10-lawyer team from A&O Shearman in London, including a senior partner, in a significant post-merger talent grab. Discover the details and implications for the legal sector.

Morgan Stanley promotes 183 new managing directors

Morgan Stanley elevates 183 bankers to managing director, with London a key hub. The promotions reflect strategic growth in investment banking and wealth management. Discover the full breakdown.

Alleged Scam Kingpin Chen Zhi Extradited from Cambodia

Chinese-born tycoon Chen Zhi, accused of running a vast online fraud network from Cambodia, has been arrested and extradited to China. The US alleges his conglomerate was a front for a major criminal organisation.

Kidman & Urban's £74k Monthly Salaries in Divorce

Nicole Kidman and Keith Urban's monthly earnings exceed $100k each, as revealed in their divorce papers. The stars have agreed on a detailed custody plan for their two daughters. Read the full financial and legal details.

BlueScope rejects $13.2bn takeover bid as 'too low'

BlueScope Steel rejects a $13.2bn takeover bid, Pro-Palestine groups plan Melbourne rally against Israeli president's visit, and NSW police warn of elderly driver scams. Follow live updates.

UBS Appoints Former Direct Line Boss to FIG Team

UBS recruits former Direct Line CEO Penny Winslow to bolster its Financial Institutions Group, marking a strategic hire in London's competitive banking sector. Discover the implications.

JPMorgan hires ex-Citi banker to lead EMEA equity syndicate

JPMorgan Chase has appointed former Citigroup banker Anurag Hargunani to head its equity capital markets syndicate for Europe, the Middle East, and Africa. This key hire strengthens the bank's ECM team in a competitive market. Read the full story.

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