Wood Group said it was “considering rejecting” a fourth cash offer from Apollo Global after its energy services business previously rejected three offers from US private equity groups. The sweet offer would value the FTSE 250-listed company at 237p a…
Investors may not see the risks in Joby Aviation, a company known for making electric planes, Deutsche Bank has warned. Analyst Edison Yu downgraded the stock to sell from hold. Yu also cut $2 from his price target to $4.…
When the company tried to get employees to return to in-person work last year, Salesforce and CEO Marc Benioff criticized the idea of an office mandate. Benioff insisted in June that “the mandate of the office is not going to…
This article is an on-site version of the Inside Politics newsletter. Sign up here to have our newsletter sent straight to your inbox every weekday good morning Another change in the civil service? Simon Case is reportedly considering his future…
“Apart from all industries, the oil and gas sector needs to step up its game, do more and do more faster,” said Abu Dhabi National Oil Company CEO Sultan al-Jaber during his keynote speech at CERAWeek. Mark Felix Afp |…
The US can stop Twitter from releasing details about a government request for user information in a national security investigation, a court ruled, the same week House Republicans grilled national security officials about the surveillance. Twitter has protested the government’s…
China’s foreign minister has warned of a clash with the US unless Washington stops its efforts to contain Beijing, highlighting the Chinese Communist Party’s concerns about rising tensions between the rival superpowers. “If the US does not hit the brakes…
Technology investors (and media and telecoms) should start preparing their buy lists now that the bear market is lower, says Morgan Stanley. Wall Street firms expect stocks to be about three months away from that bottom, meaning the tech sector…
The announcement came the same day Pennsylvania’s governor announced that the company had agreed to pay several million dollars to cover the state’s response and recovery costs. The company said it will evaluate the distance between “hot pad” detectors –…
Ministers will use more than £800 million of money sitting in bank accounts, pensions and dormant investments to improve local communities and help vulnerable people in England struggling with the cost of living crisis. The Department for Culture, Media and…