US chip-maker Altera saw its market capitalisation soar by 28% on Friday, to $13.4bn or $44.39 per share, following a report by The Wall Street Journal earlier in the day that the company is in advanced talks to sell itself to semiconductor giant Intel.

Intel in advanced negotiations over Altera takeover

Financial News

Intel

Citi shuts Málaga office it opened to battle banker burnout

A&O Shearman boss Hervé Ekué: ‘My godfather was accused in a failed coup… he inspired me to be a lawyer’

A&O Shearman boss Hervé Ekué on skyrocketing pay rises: ‘We haven’t reached the top’

Citigroup overhauls debt capital markets team in Europe

https://images.fnlondon.com/im-86498198?size=1.5

The unit has faced senior departures in recent months. Citigroup has now combined teams and named new leaders

Fidelity International hires Axa IM’s Le Morhedec as global fixed income CIO

https://images.fnlondon.com/im-54454037?size=0.67

Axa IM veteran joins after more than 20 years with the Paris-headquartered group

UBS UK high net worth boss Chris Oliver resigns

https://images.fnlondon.com/im-17808444?size=1.78

Global family office boss Michel Frey to take on new City role

Consumer prices rose 3.4% in May compared with a year earlier, down from the 3.5% of April but still well above the BOE target, with oil price rises threatening to keep inflation higher for longer.

U.K. Inflation Eases Slightly Despite Concerns Over Rallying Oil Prices

Oil prices remained volatile and major indexes were mixed in Asia as markets continued to digest the unfolding Israel-Iran conflict amid waning hopes for a quick de-escalation.

Oil Markets Volatile as Investors Watch for Mideast Escalations

Referring to the impact of artificial intelligence, Andy Jassy tells employees, “We expect that this will reduce our total corporate workforce.”

Amazon CEO Says AI Will Lead to Smaller Workforce

Employees’ days are bleeding into the evening, new data show—thanks to a growing load of meetings, emails and, yes, actual work.

More of Us Are Putting in Extra Hours After the Workday

Research Affiliates, which once criticized the popular investing strategies, now sees growing value in them.

Rob Arnott’s Firm Says the Time Is Finally Right for ‘Smart Beta’

IQsEtHGI+yupniFdhuxmawtrH1CVc2HgzNMT8vnEF9WzfbWZpJ5PtkMACiPbxbTmcehDJzuT2jbCdFHXzXQqTbnaTYS45SmeSpCp9NaZcLMXB63QoSarjbST+U5/MiYeF+KRC7WrgtnfP5K3RPDE6L7hr65PtV3opZdrO3m6MbQAxb1y/pNc9Jj4QIJSKMGNrT2qWWgo07PRLdich3stfs/BELRTABW8qU/0Wjl1wVzuWx5yVABhRU/5xAJeLUhGC28RJdOEEM2CKjIUpprDdQt0JoNk6txPb6QU/EjUPlI9XBtjCD4dpWnGZm+Xd8i8ucd+qrhOM/M5odiDp5XXZZIgfIYk54GSG7UVByGGjq+a5aaqoUU=

https://www.wsj.com/?type=allesseh_content_full_list

https://www.fnlondon.com/client

MY ACCOUNT

ABOUT

SECTIONS

unbolded