Copper Hits Record High on London Metal Exchange Amid Global Supply Constraints
The price of copper on the London Metal Exchange hit a record high, driven by tight supply outside the United States and other factors.
United Kingdom
Amazon to Launch Debut Sterling Bond Offering in London Market
Amazon has appointed banks to manage its first sterling‑denominated bond issuance, targeting a launch as soon as Wednesday and offering bonds with terms from three to 19 years.
HSBC Private Bank’s Chief Investment Officer Turns More Bullish on US Equities Amid AI Productivity Boom
Willem Sels of HSBC Private Bank highlighted that the economy and corporations have proven more resilient than expected and that AI-driven productivity improvements are a key factor behind his increased optimism for US stocks compared with Europe.
BC Partners Eyes LIV Golf Acquisition as Tax Loss Asset Becomes Key Driver in Sports M&A
If BC Partners wins the auction for LIV Golf, it will obtain an asset with a huge capacity to compensate taxes, making tax losses a highly sought‑after asset in sports M&A deals.
Billionaire Hedge Fund Founder Tom Rokos to Relocate from UK to Greece
Tom Rokos, the billionaire founder of Rokos Capital Management, said he will move his residence from the UK to Greece. His substantial earnings have made him one of the UK’s biggest individual taxpayers, and the relocation is seen as a tax‑driven decision.
London Drone Startup UForce Targets $5 Billion Valuation in Equity Fundraising Round
UForce, a drone maker headquartered in London, is negotiating an equity‑led capital raise that would value the company at roughly $5 billion.
IAG Shares Hold Steady Within Narrow Summer Range as Airline Sector Stabilises
IAG’s stock has remained confined to a strong support zone between €4.85 and €4.95 during the summer, indicating a solid price floor after the pre‑pandemic highs.
IQE Warns of Supply Chain Risk as Chinese Export Controls Threaten Indium Phosphide Substrate Access
IQE Plc CEO Jutta Meier warned that access to indium phosphide substrates is emerging as a key risk for the semiconductor industry as Chinese export controls create uncertainty over supplies.
Wayve Partners with Uber to Deploy Robotaxi Services in London
Wayve, a UK self‑driving technology startup, announced a deal with Uber to launch robotaxi services in London, marking a significant step for autonomous mobility in the city.
BitMEX Co-founder Emerges as Major Donor to UK’s Reform Party in Q2 2026
The UK political party Reform UK and its leader Nigel Farage accepted contributions from figures linked to the cryptocurrency industry, with a BitMEX co‑founder providing three‑quarters of the party’s donations in Q2 2026, prompting concerns about possible influence on policy.