Hiscox Shares Surge on Takeover Report Amid UK M&A Boom
Shares in FTSE 100 insurer Hiscox hit record highs after reports of a potential bid from Canada's Intact Financial, as foreign interest in UK-listed companies surges.
Shares in FTSE 100 insurer Hiscox hit record highs after reports of a potential bid from Canada's Intact Financial, as foreign interest in UK-listed companies surges.
Beer demand in the US is falling sharply, with a 6.3% decline in sales volumes, as rising gas prices due to the Iran war squeeze consumer spending. California, Arizona, and Texas see biggest drops.
Oleksandr Usyk has received IBF permission to defend his heavyweight titles against kickboxer Rico Verhoeven on May 23 in Egypt, with conditions on mandatory defences.
Chinese automakers like Xpeng, BYD, and Chery seek European production bases as EU manufacturers offload underused plants, signaling a dramatic shift in global car industry dynamics.
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RecommendedDidier Deschamps names 26-man France World Cup squad with seven Premier League players, including Crystal Palace duo Mateta and Lacroix. Kante returns, Camavinga misses out.
US stock markets surge despite war with Iran, inflation, and Trump's tariffs. Consumer confidence dips, but Wall Street thrives on AI investment and K-shaped economy.
Coral launches a welcome offer with 66/1 enhanced odds on Scott McTominay to score at the 2026 World Cup for new customers with a £1 bet.
Au Vodka and Tango have collaborated to launch two new ready-to-drink flavours: apple and orange. Available nationwide from May 14, the cans combine premium vodka with iconic Tango tastes.
NS&I improves Premium Bonds odds to 22,000 to one from July, adds 322,000 extra prizes, and raises rates on savings accounts.
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RecommendedMarcus Rashford eyes Barcelona stay after La Liga win, but financial issues may force alternatives like PSG, Bayern, or even a Manchester United return.
Nissan reduced its annual loss to 533 billion yen ($3.4B) and expects a return to profitability by March 2027, despite US tariffs, inflation, and Chinese competition.
MAGA billionaire Nelson Peltz is plotting a takeover of Wendy's, sending shares up 17%. The fast food chain has seen sales fall amid stiff competition from McDonald's and Taco Bell.
Rumours about the iPhone Ultra Fold suggest a 2026 release, foldable design, and premium price. Here's everything we know so far about Apple's upcoming foldable.
The 'Ocean Dream', a 5.50-carat fancy vivid blue-green diamond, is expected to fetch up to £9.4 million at Christie's Geneva auction on May 13, 2026.
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RecommendedThe $1.5bn Trump Tower project on Australia's Gold Coast has been scrapped, with Altus Property Group and the Trump Organization trading blame over financial failures.
Tesla recalls all rear-wheel-drive Cybertrucks due to wheel stud failure risk. Only 173 vehicles affected amid poor sales, with SpaceX being the largest buyer.
London stocks ended mixed as oil prices climbed amid US-Iran stalemate. FTSE 100 rose 0.4% while FTSE 250 fell. Political uncertainty in UK added to jitters.
E.on announces a proposed takeover of Ovo, creating the UK's biggest energy supplier with nearly 10 million customers. The deal awaits regulatory approval.
Brightline, America's deadliest railroad, faces bankruptcy after a $230M loss in 2025 and $5.5B debt. Ernst & Young audit raises 'substantial doubt' about its future.
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RecommendedPinewood Studios pivots from film expansion to datacentres as peak TV ends, reflecting a broader UK trend amid AI boom and declining production demand.
The Albanese government will provide $387.4m extra to CSIRO over four years, aiming to stabilize the agency after job cuts and declining funding, with senators calling for more.
A global survey of 15,000 non-US fans reveals the NBA is America's top sporting export, with Michael Jordan named the most iconic US athlete.
Kiko Milano and Just Cavalli launch a limited edition makeup collection with 18 pieces starting at £13, featuring bold shades and long-lasting formulas.
Crocs has teamed up with Umbro to launch a new line of football-inspired clogs just in time for the World Cup. The collaboration features two styles that blend Crocs' signature design with classic football boot elements.
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RecommendedThis week's Crunch newsletter explores Hollywood's shift away from dramas, Trump's monumental arch, Australia's oil use, and climate change hotspots.
Explore unique converted mill homes for sale across England and Scotland, from a Cumbrian corn mill to a London warehouse apartment.
McDonald's beats Q1 expectations with 3.9% same-store sales growth, driven by value meals, marketing, and menu innovation. Profit rises 6% to $1.98 billion.
Discover the common property mistakes that can reduce your home's value by up to 20%, from outdated windows to poor DIY, according to an expert.
Scott McTominay can help Manchester United secure a £38m transfer fee from Napoli for Rasmus Hojlund if Napoli qualify for the Champions League this weekend.
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RecommendedNew Paddy Power customers can claim 50/1 odds for a goal to be scored in Bayern Munich vs PSG. Use code YFBDHC, deposit £5, and bet £1. T&Cs apply.