This 'Boring Business Stock' Turned $10,000 to $4 Million
AutoZone shares have climbed 40,520% since its IPO on smart capital allocation, strong cash flow generation, ESG disclosures, and more cars hitting the road.
Billionaire Bill Gross' Tip for Investing: 'Stick To Value Stocks, Avoid Tech for Now'
The "Bond King" billionaire Bill Gross named Microsoft as the only tech stock he would recommend for those who must invest in the overvalued sector driven by AI.
Should I Invest in Defence Stocks? UK Gov Say They Align With ESG After Rishi Steps up Military Spending
The growing need to protect ships, submarines, and aircraft may see stocks like BAE Systems and Rolls-Royce benefit from higher demand for military equipment.
5 Stocks From Warren Buffett's Portfolio To Buy and Hold for the Next Five Years
Buffett's investing philosophy is buying great companies at a fair price. These five stocks form the pillar of his $340 billion portfolio, poised for future growth.
Barratt to Acquire Redrow in Landmark £2.5 Billion Deal
Barratt, the nation's largest housebuilder, has finalised a deal to acquire its smaller counterpart, Redrow, for an impressive sum exceeding £2.5 billion.
Rishi Sunak Accused of Giving 'VIP Access' To Indian IT Firm Infosys
A new report has emerged which reveals that the UK trade minister helped Rishi Sunak's wife-linked Indian IT firm Infosys get better access to trade deals for ease of business in the UK.
Shell Reports 2023 Profits of $28.25 Billion Amid Market Shifts
The company's shift towards trading more in liquefied natural gas (LNG) and increased production offset reduced earnings from refining and oil trading, along with higher operating costs.
Buried In Massive Debt, Italy Puts Crown Jewels Up For Sale
Prime Minister Giorgia Meloni once declared Italy's postal service a "crown jewel" that must stay in state hands, but she is now selling a stake as part of a privatisation programme to tackle a huge public debt.
Santander's Profits Soar 20% But Cautions Borrowers Of The Impending Impact Of High-For-Longer Interest Rates
Santander's profits rose by 20 per cent achieving an attributable profit of €8,143 million in the first nine months of 2023, but warn borrowers of the Impending impact of high-for-longer interest rates.
Ofwat Raises Alarm Over Financial Health of Key Water Companies in South East England
The water regulator responsible for overseeing the water supply in England and Wales has issued a warning regarding the financial stability of companies that serve more than 20 million customers in the southeast of England.
Welsh Water Admits Dumping Untreated Sewage Into UK Rivers For Years
The company had been illegally discharging wastewater for at least a decade.
Biden Urges US To Lead World Against Hamas, Putin Threats
President Joe Biden made an impassioned call for the United States to show global leadership by backing Israel and Ukraine, saying in a speech from the Oval Office Thursday that defeating Hamas and Russia was a vital US interest.
UK Water Companies Will Charge Consumers Extra To Address Sewage Discharge Problem
UK water companies have put forward a new water infrastructure investment plan to the UK water regulator Ofwat, which will gradually increase the water bills over a five-year period to address the sewage discharge problem.
Man United new shirt sponsor deal is 'biggest in football'
Worth a reported £65 million per year, the Red Devils' new deal is richer than the current biggest shirt sponsorship package, which is held by Real Madrid and Fly Emirates.
Oil majors still profitabe even if super-profits gone
From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits posted in 2022 when prices surged in the wake of Russia's invasion of Ukraine, but they nevertheless remain comfortably profitable this year.
UK water crisis pollutes privatisation legacy
Britain's biggest water supplier staving off renationalisation, trains derailed by strikes and consumers suffering huge energy bills -- the nation's vital sectors are mired in chaos decades after their controversial privatisation.
UK water companies apologise for spilling sewage into rivers, pledge £10bn investment
The outrage over sewage spill in UK's water bodies has forced water companies to pledge £10 billion to reduce the sewage spilling in Britain's seas and rivers.
Where will the potential new owners of Manchester United put their investment towards?
As the Glazer family gear up to possibly sell Manchester United, the next owners of the three times Champions League winning team will have a lot on their plates.
UK businesses could see annual tax bills increase by around £9,000
A new analysis has found SMEs could see annual tax bills increase by around £9,000 for the bigger earners from this month. Firms making a profit of £200,000 can expect to see tax bills climb from £39,723 to £49,361.
UK residents can save up to £60,000 per year on their pensions
From ISAs to pensions, VCTs to EISs, Madeleine Ingram, Director at Calculus, shares how UK individuals can make tax-efficient investments amid the fair of a coming recession.
William Hill falls to massive £19.2 million fine from the Gambling Commission
Sean Curran of Arnold & Porter has spoken on the £19.2 million fine handed out to William Hill from the Gambling Commission, who believes that this is a good reminder of the crucial need for gambling operators to maintain effective policies.
Banking rebound remains fragile as regulators review response to failures
Investor confidence in the banking sector remained fragile on Tuesday, with the European Central Bank (ECB) saying recent volatility highlighted the need for greater regulatory scrutiny.
Investment analysis expert reveals surprising similarities between young and old investors
Emma Wall of Hargreaves Lansdown reveals younger investors are more interested in tech investments while the older generation are more likely to invest in pharma companies.
Berkshire Hathaway resumes Occidental purchases, stake reaches 22.2%
Warren Buffett's Berkshire Hathaway Inc has resumed its purchases of Occidental Petroleum Corp shares after a five-month hiatus, increasing its stake in the oil company to about 22.2%, a regulatory filing showed on Tuesday.
Stock pickers reckon it's time to move on from central banks
Stock market investors are calling time on the idea that the Federal Reserve, and other major central banks, have their back.
Star Entertainment raising $545 mln after record loss, suspends dividends
Star Entertainment Group Ltd said it was raising A$800 million ($545 million) to repay debt and suspending dividend payments, as it turned in a record statutory loss for the first half of the year amid tough business conditions in Sydney.
British supermarkets confront their German discounting demons
Britain's big supermarkets say they have never been more competitive on price, yet their customers are still flocking to German-owned discount stores Aldi and Lidl.
UK energy group Centrica's surging profit sparks fury
Britain's Conservative government of Prime Minister Rishi Sunak is temporarily subsidising electricity and gas bills this winter.
Capacity of £1.324 billion has been made available to investors for this VCT season
Promising news has arrived for start-up entrepreneurs and businesses as financial resources are at their disposal to aid them with significant growth potential.
Investors to focus on buybacks, billionaire tax in Biden speech
U.S. President Joe Biden will likely put taxes and corporate stock buybacks squarely in investors' focus during Tuesday night's State of the Union address as part of his push to restructure the world's largest economy to be less favorable to the very wealthy.