Global exchange based in London, owned by LSEG since 2007
The London Stock Exchange Group has announced plans to launch a night-time trading venue, LSE 24, operating from 5 p.m. to 7:50 a.m. London time. The platform, separate from the main market, aims to roll out for client testing by end-2026 and initially lists exchange-traded products.
Segro has accepted Prologis’ best-and-final cash-and-stock offer and extended the put-up-or-shocket deadline to 12 August. The deal values Segro at about £10.32 per share and would create a pan-European warehouse giant focused on AI datacentres and online retail logistics.
McCormick plans a secondary London listing while retaining its primary NYSE listing after agreeing to acquire Unilever’s foods arm. The move aims to boost liquidity and capital flows amid a broader push for European listings in a quiet market.
The U.S.-Israel conflict has heightened volatility in global markets, boosting LSEG’s trading and data businesses. UBS and other banks report strong Q2 results, while AI narratives continue to influence investor sentiment. Regulators review prime brokerage activity in London amid regional economic uncertainty.
Crypto firms are increasingly using AI agents to access wallets, stablecoins, and payment networks. Major players are expanding integration between AI agents and programmable money, with Circle rolling out Arc blockchain infrastructure and USDC, while traditional firms eye stablecoins as rails for machine-to-machine commerce. Market volatility remains a backdrop as institutions test these tools.
The government has extended torpedo repair and maintenance work to safeguard 315 skilled jobs across the UK, including 150 in engineering roles. The three-year deal runs from July 2026 to June 2029, bridging to a broader programme to modernise torpedo support from 2029 onward.
Global markets have closed mixed as investors await Nvidia’s results and the Jackson Hole speeches, with oil pricing edging lower amid tensions over Iran and sanctions signals.
The London stock market is losing more firms to private equity, with Bodycote being taken private by Veritas and Gamma Communications and Capricorn also likely to go private. The wave follows EasyJet’s FTSE 100 promotion and highlights a broader exodus that has seen several UK-listed names depart this year. The trend reflects a shift in market dynamics, potential increased valuations, and investor pressure.
Nvidia has reported stronger-than-expected results, guiding to 70% revenue growth for fiscal 2028 amid robust AI demand. Amazon plans to buy 2 million Nvidia GPUs, underscoring sustained AI infrastructure buildout. Analysts note the market is reassessing hype around AI as Nvidia shows durable demand and a diversified customer base.
Former Glencore traders, including Alex Beard and Andy Gibson, have denied conspiracy charges tied to alleged corrupt payments to government and state-owned oil officials in Nigeria, Cameroon and the Ivory Coast. The trial is slated for 2027 after the Serious Fraud Office case proceeded in London.
Asos has identified a breach affecting basic personal data via a third-party platform. Names, addresses, phone numbers, emails and customer search queries may have been accessed. Snowflake reports no platform compromise. Investigations and advisories are ongoing.