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Swiss banking giant UBS sees hopeful future, despite losses
Business
Euro News
Finfluencers face prosecution for misleading investment advice, says EU watchdog
Business
Evening Standard
UBS aims for higher cost cuts increasing City job fears at Credit Suisse
Business
Sky News
Six Nations-backer CVC in talks to buy Runescape-maker for £900m
The private equity backer of Six Nations Rugby is in advanced talks to buy the video games developer behind the Runescape franchise in a deal worth about £900m.Sky News has learnt CVC Capital Partners is in exclusive negotiations to acquire Jagex from fellow buyout firm Carlyle. Headquartered in Cambridge, Jagex launched Runescape, a fantasy role-playing …
Business
Euro News
ESMA securities regulator to be handed new green rating powers
Business
Business Live
Virgin Money signals return in mortgage market with hopes interests rates ‘have peaked’
Mortgage lending has fallen at Virgin Money but the challenger bank says there are signs the market is picking back up to pre-pandemic levels. The lender – which has its main sites in Newcastle, Glasgow and Leeds – highlighted a “subdued” market in a first quarter trading update to investors on the London Stock Exchange. …
Business
Sky News
Concerns raised over Tesla drivers using VR headsets
Videos have emerged of people driving Teslas while wearing what appear to be virtual reality headsets, with the US transport secretary issuing a warning.A video posted on X showed a Tesla driver who seemed to be gesturing with his hands while using Apple’s recently released Vision Pro headsets. The device, which was released last week, …
Business
Sky News
BP bolsters shareholder payouts as annual profits halve
Annual profits at BP have halved but the oil and gas major has moved to woo disgruntled shareholders with a surge in rewards.The company recorded underlying replacement cost profits – the company’s preferred measure – of £13.8bn (£11bn) during 2023. That was down from the record $27.7bn (£22.1bn) sum achieved in 2022.It was largely due …
Business
Sky News
Police ‘not able to progress’ with almost all CBI scandal allegations
Police investigating allegations of serious misconduct, including sexual assault, at the Confederation of British Industry (CBI) say they are “not able to progress further criminally” with 11 claims looked at to date.Sky News has learned that City of London Police currently has just one matter that officers are continuing to examine. The CBI said it …
Business
Sky News
‘Lacklustre’ January for retailers with bad weather and cost of living pressures blamed
Retailers suffered a “lacklustre” January as bad weather and cost of living pressures discouraged shoppers from opening their wallets after Christmas, according to new research.Total retail sales across the UK increased by only 1.2% year-on-year in January – down sharply from growth of 4.2% during the same period last year, figures from the British Retail …
Business
Euro News
Samsung chief acquitted of financial crimes
Business
Sky News
Difference between human and ‘synthetic’ content becoming ‘blurred’, Clegg says
The former deputy PM – now an executive at the company that owns Facebook and Instagram – says the lines between human and “synthetic content” is becoming “blurred” – as the firm said it planned to label all AI images on its platforms.Meta, which also owns the Threads social media site, has already been placing …

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