CEO of Norway’s wealth fund issues warning over hot commodity markets

Nicolai Tangen, chief executive officer of Norges Bank Investment Management, during a news conference in Oslo, Norway, on Tuesday, Jan. 30, 2024. Bloomberg | Bloomberg | Getty Images The chief executive of the world’s largest wealth fund says there are many wild cards in financial markets right now, but the “big worry” for investors is … Read more

UK weather: Brits face weekend washout with MORE heavy rain as Met Office warns of ‘thundery downpours’ amid -6C plunge

BRITS face a weekend washout as multiple bands of heavy rain are set to lash the country. The mercury plunged to a bitterly cold -6.3C in the Lake District village of Shap last night as Jack Frost paid Cumbrians a visit. 4 Brits face a weekend washout as multiple bands of heavy rain are set … Read more

Swiss pharma giant Roche’s first-quarter sales edge higher as its emerges from post-Covid-19 slump

A logo at the Roche Holding AG headquarters in Basel, Switzerland, on Thursday, Feb. 1, 2024. Bloomberg | Getty Images Swiss pharmaceutical company Roche on Wednesday reported a modest uptick in first-quarter sales, even as waning demand for its Covid-19 products continued to weigh on the company. Sales were up 2% at constant exchange rates, … Read more

Mayor of London Sadiq Khan issues grovelling apology to UK’s Chief Rabbi for suggesting he was Islamophobic

SADIQ Khan last night issued a grovelling apology to the UK’s Chief Rabbi for suggesting he was Islamophobic. The London Mayor said his Gaza ceasefire call had drawn harsher criticism from Jewish leaders than demands by other mayors, such as Manchester’s Andy Burnham. 2 London Mayor Sadiq Khan has apologised to the UK’s Chief Rabbi … Read more

UK tech darling Darktrace rallies after agreeing $5.32 billion sale to private equity firm Thoma Bravo

In this photo illustration a DarkTrace logo is displayed on a smartphone with stock market percentages in the background.  Sopa Images | Lightrocket | Getty Images LONDON — British cybersecurity firm Darktrace on Friday announced it had agreed a sale to U.S. private equity giant Thoma Bravo, for an all-cash offer of $5.315 million. Darktrace … Read more

Mystery as ‘awful’ eggy odour ‘forces locals to shut doors and windows’ in town where Pot Noodles are made

A MYSTERY eggy odour has been wafting over a town where millions of Pot Noodles are made. Locals say they have to shut doors and windows and prefer not to sit out in summer. 2 A smelly odour has been wafting over a town where millions of Pot Noodles are madeCredit: Stewart Williams 2 The … Read more

Euronext boss says long awaited CVC debut shows the IPO market is back

The highly anticipated trading debut of private equity group CVC Capital Partners shows that Europe’s initial public offering market is back on track, Euronext CEO Stéphane Boujnah told CNBC on Friday. Shares of Amsterdam-listed CVC, one of Europe’s largest buyout companies, traded nearly 24% higher at around 12:30 p.m. London time. The stock had opened … Read more

Mum’s air fryer horror as kitchen appliance bursts into flames & sets fire to home while making pies

A SCOTS mum told of her horror after a popular kitchen appliance burst into flames while she was making pies. Margaret Fleming, from Edinburgh, is warning others about the dangers of leaving air fryers unattended after the trendy gadget scorched her kitchen. 3 The mum has issued a stark warning to other families following the fireCredit: … Read more

A350 plane production increase not tied to Boeing troubles

An Airbus employee works on an aircraft part of the Airbus A350 at the Airbus Atlantic plant in Bouguenais, near Nantes, western France, on Feb. 29, 2024. Sebastien Salom-gomis | Afp | Getty Images Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing, according … Read more

UK towns hit by two earthquakes on the same day as 2.3 magnitude tremors leave homes ‘trembling’

TWO UK towns have been hit by earthquakes on the same day – with homes left “trembling” by 2.3 magnitude tremors. The British Geological Survey (BGS) said the quakes struck Powys and Ceredigion on Monday morning. 1 The quakes struck the area around AberystwythCredit: Getty The first tremor hit Llangurig in Powys at 8.37am, measuring … Read more