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JPMorgan Traders Cast Doubt on Speculative Tech After 57% Rally
The riskiest corners of the tech sector are outperforming their larger peers at the fastest pace in nearly six years. Now, many on Wall Street are sounding a warning to investors holding those stocks: Get out while you can.
M&S chief’s pay slashed by £3m after cyberattack turmoil
The boss of Marks & Spencer has seen his pay slashed by more than 40 per cent after a crippling cyberattack forced the supermarket to scrap its bonus policy across the business. Stuart Machin received £3.97m in the 12 months to April, according to the company’s annual report, down sharply from the £7m he was paid the previous year. M&S’s remuneration committee said there would be “no bonus scheme” at the group as a result of the costly attack, which ground its online services to a halt for...
Jefferies Sees Turkish Case for Argentina-Style Dollar Swap Line
The US could potentially offer a dollar swap line to Turkey ahead of the election, a move that will bolster hard-currency reserves and improve market confidence, according to Jefferies International strategist Durukal Gun.
Moment handcuffed criminal speeds away from police with his car doors open after being arrested
Officers from Gwent Police pulled over John Robinson, 48, on November 30 last year after suspecting that the Mitsubishi Outlander he was driving was stolen.
Colombian Bonds Surge as Right-Wing Outsider Moves Into Runoff
Colombia’s dollar bonds rallied Monday after right-wing outsider Abelardo de La Espriella unexpectedly won the first-round of voting for president and went into the runoff as clear favorite against leftist Ivan Cepeda.
EDP Said to Start €200 Million Stake Sale of Iberia Solar Assets
Portuguese utility EDP SA is set to start the process to sell a minority stake in its Iberian distributed-generation assets, according to people with knowledge of the matter.
Trump May Keep Copper Traders Guessing on Tariffs
The president’s economic goals might be best served by continued ambiguity on import levies.
Nvidia Enters PC Market; Oil Rebounds as US, Iran Clash | Bloomberg Brief 6/1/2026
US equity futures rise after the S&P 500 closed May with a fresh record high. Nvidia enters the PC market with its new chip, RTX Spark, preparing to take on Intel and AMD. Oil rebounds from a six-week low amid uncertainty over an interim US-Iran peace deal. Keith Lerner of Truist discusses the AI equity rally. French Ambassador for International Investments Pascal Cagni joins as President Macron announces $108 billion in foreign investment pledges to the nation including SoftBank and Salesforce....
Nvidia Enters PC Market; Oil Rebounds as US, Iran Clash | Bloomberg Brief 6/1/2026
US equity futures rise after the S&P 500 closed May with a fresh record high. Nvidia enters the PC market with its new chip, RTX Spark, preparing to take on Intel and AMD. Oil rebounds from a six-week low amid uncertainty over an interim US-Iran peace deal. Keith Lerner of Truist discusses the AI equity rally. French Ambassador for International Investments Pascal Cagni joins as President Macron announces $108 billion in foreign investment pledges to the nation including SoftBank and Salesforce....
Will France Be a Top European Hub for AI Infrastructure? | The Pulse 6/1
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Ozan Tarman, Deutsche Bank, Global Macro Vice Chair; Jasmine El-Gamal, Averos Strategies, Founder and CEO. (Source: Bloomberg)
U.S. and Iran launch fresh strikes and the House incumbents that could be unseated: Morning Rundown
Morning RundownU.S. and Iran launch fresh strikes and the House incumbents that could be unseated: Morning RundownPlus, as credit card fees increase prices, those paying with cash bear the brunt of costs. Listen to this article with a free account00:0000:00Demonstrators gather at Revolution Square in Tehran to protest the attacks launched by the U.S. and Israel on May 30, 2026. Fatemeh Bahrami / Anadolu via Getty ImagesShareAdd NBC News to GoogleJune 1, 2026, 7:08 AM EDTBy Kayla HayempourIn toda...
Berkshire Hathaway to Acquire Taylor Morrison in a $6.8 Billion Deal
Berkshire Hathaway Inc. is buying Taylor Morrison Home Corp. in an all-cash deal worth about $6.8 billion. The offer of $72.50 per common share represents a 24% premium to the home builder’s latest closing price on Friday and is the first major purchase under chief executive Greg Abel. Manuel Baigorri reports on Bloomberg Television. (Source: Bloomberg)
UK cycling giant collapses into administration - in business for 22 years
UK cycling giant collapses into administration - in business for 22 yearsA UK cycling giant has collapsed into administration after 22 years in business with 42 staff members losing their jobs in the process Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Ewan Gleadow 12:06, Mon, Jun 1, 2026 Updated: 12:08, Mon, Jun 1, 2026 A cycling company founded in 2004 has entered administration (stock image) (Image:...
Inside Celonis, the German tech unicorn that won over a fifth of the FTSE 100
For a company valued at more than $13bn (£9.58bn), Celonis remains relatively unknown in Britain. Founded in Munich in 2011, the software company has become one of Europe’s most valuable private tech firms, with customers including AstraZeneca, ASOS, BMW and the UK Cabinet Office. The UK has become one of its three largest markets globally. “We’re sort of this unknown brand but with a lot of reach”, Rupal Karia, Celonis’ general manager for Northern Europe and the Middle East, told City AM....
‘Where are the jobs?’: as US autoworkers face offshoring, Democrats vie to win votes
Workers who voted for Trump and Republicans in recent elections are now being hit with offshoring and the impacts of tariffs – but can Democrats sway them?Brenda Davis, a retiree who worked at Ford in Ohio for more than 20 years, was dismayed to learn that a new Buick she bought from General Motors was manufactured entirely in China. Foreign vehicles are strongly discouraged from parking lots at autoworkers’ facilities, as they serve as a reminder of the ongoing threat outsourcing poses to their...
NS&I Premium Bond alert for Wales customers who have any of these 9 Bond numbers
Some key changes to the prize rules for Premium Bonds are coming in soon
Stop and think before asking for a bigger salary
Comparison is the thief of joy, but many of us fall for it, especially when it comes to salary. John Coleman argues why everyone needs a ‘financial finish line’ Walk on to any London trading floor or into any magic-circle law firm and you will see a quiet arms race playing out on people’s wrists. As careers progress, TAG Heuer becomes an Omega. The Omega becomes a Rolex. The Rolex becomes a Patek Philippe. At every rung, the person who has just upgraded begins to feel self-conscious about w...
'All major issues settled': Centre's big update on US-India trade deal
India and the United States are nearing the finalization of their first bilateral trade agreement tranche, with most key details settled. A high-level US delegation is in New Delhi for crucial negotiations, aiming to conclude an interim pact. Both nations are confident of signing the agreement soon, building on a framework established in February.
Number of claims management firms halves after FCA clampdown
The number of claims management firms authorised by the UK’s financial watchdog has nearly halved since the beginning of the decade after the regulator “raised the bar” for firms in the sector. A Freedom of Information request by financial services consultancy Broadstone revealed 483 claims management companies (CMCs) operate in the sector, compared with 942 back in 2019. The number dropped 24 per cent between 2020 and 2021 alone, when a grace period that was brought in after the watchdog...
Richard Desmond hit with £40m bill over ‘fanciful’ lottery feud
Media tycoon Richard Desmond’s company Northern and Shell has been ordered to pay over £40m after a two-year-long legal feud with the Gambling Commission over the 2022 National Lottery license. A High Court judge has ordered media giant Northern and Shell and its subsidiary, the New Lottery Company, to cough up 75 per cent of the punitive costs immediately, with the balance expected to be over £40m. The order stems from a dispute over the Gambling Commission’s award of the fourth national...