Meta unveils $95bn share sale as AI spending drains cash reserves
The tech giant said on Monday it would raise $35m through public equity offerings, followed by a further $60bn through a programme allowing it to sell shares at the market price at the time of the announcement.…
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Farage: ‘Loathsome’ banks should not be hit with new tax
Earlier this year, the Reform UK leader vowed to scrap interest payments lenders receive on deposits at the Bank of England, a move that would be widely regarded as a banking tax. Asked by City AM on whether he would…
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The anatomy of a bank tax: what can the UK learn from Europe?
With days to go until John Healey delivers a Budget expected to target banks with a cash raid, Samuel Norman looks at the UK bank tax framework and other experiments across Europe. For years City lobbyists managed to bat…
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Anthropic warns of 'catastrophic risk' to humankind ahead of blockbuster share listing
The firm's valuation is expected to exceed that of SpaceX, which was the biggest-ever listing at an initial valuation of about $1.8 trillion in the summer. Anthropic has not yet disclosed the number of shares to be…
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Anthropic files for potentially record-breaking stock market valuation in key test for AI industry
The company's float on the US market will serve as a test of the financial viability of the multitrillion-dollar AI boom. Analysts and investors have valued the San Francisco-based company, founded in 2021, at more than…
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Activist investor revives Auction Technology Group campaign
Under the proposal, Fitzwalter’s nominee to replace Forde, Richard Campbell-Breeden, would launch a strategic review exploring a buyback programme or a sale. The calls come just six months after the investor abandoned an…
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Visa and Mastercard threatened with potential £5bn UK lawsuit over fees
The law firms Harcus Parker and Hausfeld have lodged an application at the Competition Appeal Tribunal in hopes of pursuing a group claim that would compensate companies who, they claim, have been overcharged on customer…
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HMRC email updates, videos and webinars if you’re self-employed
Get emails about this page Print this page Contents Subscribe to receive email updates Registering and joining webinars Tax basics — a starter guide for small businesses Record keeping Making Tax Digital for Income Tax…
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Fifa election twist as Prince Ali drops ‘coercion, threats and bribes’ claim
“Confederation presidents have no say: the vote is by each and every member association,” Prince Ali, a long-standing critic of the current Fifa regime, wrote on X. “So any claims that have recently emerged that…
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Audi boss under fire in Germany for Trump rally appearance
She said the investment deal and Döllner's appearance showed VW's management had allowed itself to be "turned into a puppet in the propaganda show of a highly dubious political figure". Isabel Cademartori, the transport…
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