Daily Mail Business Articles

The economic impact of the pandemic has also made advertisers more nervous about spending, sending Twitter’s second quarter revenues down from £662m to £537m.

Nvidia is said to have approached Softbank, which bought the British chip maker for £24billion in 2016, about a possible takeover.

Investors who poured millions of pounds into Chilango’s ‘Burrito Bonds’ could be left with a sour taste in their mouths after the chain announced it was looking to appoint administrators.

Melrose shares have halved from their level of well over £2 when it swooped on GKN in 2018. They finished down by 14.2 per cent at 103.3p.

The electric car maker, run by eccentric billionaire Elon Musk, was set to reveal whether it had recorded four consecutive quarters of profit for the first time.

The Melrose ‘Buy, Improve, Sell’ model is rusting up. Investors who put faith in the genius of Chris Miller, Simon Peckham et al at the time of the £8bn GKN takeover must feel a little sick.

Everest Alliance, which owns a 7.5 per cent stake, says ex-directors breached their duties and acted against investors’ interests.

Shares in the AIM-listed firm, which is based in the Mediterranean island of Majorca, rose 6 per cent after it swung to a profit of £800,000 in 2019.

Gold rose almost 1 per cent to $1,856 an ounce – a nine-year high that drew it nearer to the record $1,921 it hit in 2011. It was trading at $1581 at the start of this year.

Money & Co said customers funnelled a fraction of their usual savings into Innovative Finance ISAs.