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Business

  • NBA Europe an exciting opportunity for Super League Basketball, says chair

    February 26, 2026

    The NBA’s creation of new teams in London and Manchester for its planned European venture is “an exciting opportunity” for Super League Basketball, says interim chair Sanjay Bhandari. The two teams are expected to play in both NBA Europe and SLB, the top-tier domestic competition, potentially offering a major boost to the profile of the [...]

  • LSEG unveils biggest-ever buyback as firm fends off Elliott and AI threat

    February 26, 2026

    The operator of the London Stock Exchange has unveiled its biggest-ever buyback as the company fends off the dual threats of activist investor pressure and shareholder fears over the rise of AI. LSEG said it would buy back at least £3bn of shares over the next twelve months, adding to the £2.1bn buyback carried out [...]

  • Jupiter Fund Management share price jumps as it rebounds

    February 26, 2026

    Jupiter Fund Management saw its share price jump in early morning trading on Thursday as it generated the first net positive inflows since 2017, amid clients improving their investment performance. The asset manager’s share price rose 8.8 per cent 204.50 pence, gaining 28.6 per cent this year to date, as it continues to rebound from [...]

  • This is why Nvidia’s results failed to woo investors

    February 26, 2026

    Nvidia’s earnings juggernaut continued this week with another quarter of rapid growth, record revenues and guidance ahead of expectations. Yet the reaction from Wall Street was muted, reflecting the scale of expectations now set for the world’s most valuable listed company. The chip giant reported fourth-quarter revenue of $68.1bn (£50.3bn), up 73 per cent year [...]

  • Ronaldo acquires stake in second division Spanish team UD Almeria

    February 26, 2026

    Cristiano Ronaldo has acquired a stake in second division Spanish football team UD Almeria. The Portuguese footballer, who is currently playing for Saudi Pro League club Al-Nassr, has taken a stake in Union Deportiva Almeria, who are third in LaLiga 2. The club strengthens Ronaldo’s ties with the Middle Eastern kingdom, with Mohamed Al Khereiji [...]

  • Ocado shares tumble as boss warns of job cuts

    February 26, 2026

    The boss of online retailer Ocado has warned of “significant” job cuts after US retail giant Kroger pulled out of its automated warehouse partnerships, prompting shares to tumble. The group confirmed it has closed several warehouses in North America and warned that further job losses are to come as Ocado continues to “simplify” its model. [...]

  • Rolls-Royce shares rally after unveiling bumper buyback plan

    February 26, 2026

    Rolls-Royce has laid out plans to return billions to investors over the next two years after the blue-chip giant’s profit rocketed, leading to an upgrade of targets. The aerospace titan revealed plans for a £7bn to £9bn multi-year share buyback from 2026 to 2028, which comes as the firm wraps up a £1bn buyback from [...]

  • Olympics should lead way in AI and lighten impossible load on its judges

    February 26, 2026

    If any sporting body has the means to fund investment in AI judging it’s the International Olympic Committee, writes Ed Warner. I’ve no idea whether Zoe Atkin’s “amplitude” deserved to bag silver rather than bronze in the freeski halfpipe on Sunday. All I know is she didn’t wipe out on all three of her three [...]

  • FTSE 100 Live: WPP sinks; LSEG, Rolls-Royce bumper buybacks

    February 26, 2026

    Good morning and welcome back to the City PM liveblog. After a few days of tariff-induced risk aversion, the FTSE 100 was back on blistering form on Wednesday, finishing the day’s trading session with a new record. London’s blue-chip index soared over one per cent to seal yet another record close at 10,806.41p. This was [...]

  • Courtrooms in the cloud: How Opus 2 quietly changed the game

    February 26, 2026

    AI is making its mark on the legal profession, an industry renowned for its cautious approach to change. Yet, behind the scenes, innovative technologies have been quietly transforming courtrooms for years. If you ever sat behind the row of barristers and the lawyers that instructed them in a courtroom at the High Court, you may [...]

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