LIVE BUSINESS LIVE: S&P cuts BP credit outlook; BATS hit by illegal vapes; Checkit swoops on Crimson Tide By Live Commentary Updated: 08:03, 4 June 2024 e-mail View comments The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are BP, British American Tobacco, Checkit, Wizz Air and London Metric. Read the Tuesday 4 June Business Live blog below.
> If you are using our app or a third-party site click here to read Business Live 07:07 Blackstone raises bid for Hipgnosis music fund to 103p a share A private equity titan has sweetened its offer for Hipgnosis as it tries to get a takeover deal over the line. Blackstone upped its offer to 103p a share – valuing the music group, which owns the rights to catalogues from the likes of Beyonce and Blondie, at £1.25billion.
Blackstone raises bid for Hipgnosis music fund to 103p a share Blackstone upped its offer to 103p a share - valuing Hipgnosis, which owns the rights to catalogues from the likes of Beyonce (pictured), at £1.25bn. This is Money 07:03 Wall Street glitch sends shares tumbling 99% Wall Street was rocked as a technical glitch appeared to send shares in some of America’s biggest firms down around 99 per cent.
In a dramatic session, the New York Stock Exchange said it was investigating a fault that led to trading in at least 60 companies to be halted. Among them were Berkshire Hathaway – Warren Buffett’s giant conglomerate – restaurant chain Chipotle and mining group Barrick Go.
