Heathrow Airport is expected to face costs running into the "low tens of millions" of pounds following its chaotic closure in March, chief executive Thomas Woldbye has revealed. The temporary shutdown was caused by a fire at the North Hyde electrical substation in west London, which led to a power outage and forced the west London airport to halt operations...
Read More
Companies worldwide are pursuing larger deals in the second half of this year as executives grow increasingly comfortable navigating volatile markets and unpredictable global politics, JPMorgan Chase dealmakers predict.Mergers and acquisitions have been regaining momentum after earlier disruptions caused by U.S. President Donald Trump's trade war, which...
Read More
Slaughters, DLA, Freshfields, and Linklaters have played instrumental roles in finalizing the £38 billion investment deal for the Sizewell C nuclear power plant, one of the largest and most significant infrastructure projects in the UK. This complex transaction marks a critical milestone in securing funding and moving forward with the construction...
Read More
UniCredit has officially withdrawn its bid to acquire the smaller rival Banco BPM following strong opposition from Prime Minister Giorgia Meloni’s government, as well as continuing regulatory hurdles linked to Italy’s so-called “golden power” rules. The move comes just days after the European Commission issued a sharp reprimand against the Italian...
Read More
Apple has experienced a notable decline in its market position within China's highly competitive smartphone sector, losing its leadership to local rivals Huawei and Vivo. As of 2024, Apple's market share has dropped to 15%, down from previous years, marking a significant shift in the tech landscape of one of its most crucial markets. According to recent...
Read MoreApple's China Market Share Drops
Read MoreM&A Deals Picking Up Pace in Asia
Read MoreHuge Financial Impact of Heathrow's Fire Blunder Revealed
Read MoreAbu Dhabi establishes registration authority to strengthen its business sector
Read MoreJPMorgan's global M&A head Aiyengar says More mega deals are on the way
Read More
