Alliance News Global 500
UK needs to be prepared for displacement of jobs due to AI — BoE chief
(Alliance News) - The UK needs to be prepared for people to be "displaced from jobs" due to the rise of artificial intelligence, AI, the governor of the Bank of...
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UK names top diplomat as new envoy to US after Peter Mandelson
(Alliance News) - The British government on Thursday named career diplomat Christian Turner as its new ambassador to the US, replacing Peter Mandelson who was sacked over his friendship with...
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Pershing Square invests USD1 billion in portfolio firm Howard Hughes
(Alliance News) - Pershing Square Holdings Ltd on Thursday announced its entry into an equity commitment letter to subscribe for up to USD1 billion of non-voting exchangeable perpetual preferred stock...
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LONDON MARKET CLOSE: FTSE 100 and sterling rise after BoE rate cut
(Alliance News) - Stock prices in London closed in the green on Thursday, following the Bank of England's decision to cut rates and a hold from the European Central Bank....
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IN BRIEF: Qualcomm completes USD2.4 billion purchase of Alphawave IP
Qualcomm Inc - San Diego, California-based communications technology company - Completes acquisition of Leeds, England-based high-speed connectivity solutions firm Alphawave IP Group PLC. Qualcomm says the acquisition aims to accelerate...
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PRESS: Elliott preparing to list Barnes & Noble and Waterstones - FT
(Alliance News) - Elliott Investment Management LP is preparing to list booksellers Barnes & Noble and Waterstones in London or New York next year, the Financial Times reported on Thursday....
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IN BRIEF: Unilever promotes Leandro Barreto to chief marketing officer
Unilever PLC - London-based consumer goods maker - Promotes Leandro Barreto to chief marketing officer of Unilever from January 1. Barreto is currently CMO of Unilever's Beauty & Wellbeing Business...
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Daiichi Sankyo, AstraZeneca apply for second EU approval for Datroway
(Alliance News) - Daiichi Sankyo Co Ltd on Thursday said the EU has validated an application for Datroway as a first-line treatment for patients with metastatic triple negative breast cancer...
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BoE votes 5-4 to lower bank rate to 3.75% amid inflation progress
(Alliance News) - The Bank of England on Thursday reduced interest rates by 25 basis points but said judgements around further policy easing will become a "closer call"....
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LONDON MARKET MIDDAY: BoE cuts rates but sees "closer" calls ahead
(Alliance News) - The FTSE 100 lagged European peers on Thursday afternoon, surrendering some progress in the immediate aftermath of a Bank of England rate cut. ...
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