In a letter to investors, Smith (pictured) said he had sold his Fundsmith Equity fund's shares in Diageo after holding the ...

British fund manager Terry Smith has sold his stake in Diageo Plc, citing concerns about the management of the drinks company and its vulnerability to soaring demand for weight-loss drugs.

Fundsmith Equity fund has sold out of its stakes in Diageo, McCormick and Apple, amid disappointment with the companies’ ...

The £22.5bn fund rose by 8.9% in 2024, trailing both the MSCI World Index, up 20.8%, and the IA Global sector average of 12.6 ...

A star fund manager has dumped his stake in the owner of Guinness and Johnnie Walker amid fears that the rise of weight-loss ...

Britain's Terry Smith made public for the first time on Thursday why his fund dumped its Diageo stake last year, citing ...

BRITAIN’S biggest retailers have demanded the Chancellor reduce inflation risks by easing cost pressures and outlining a plan for growth. Tesco and Marks & Spencer both yesterday confirmed ...

The £50bn listing could be sorted by Easter, sources say, as Chancellor Rachel Reeves heads to China for talks on economic ...

Political leaders have shunned the Alternative for Germany. But on his social media platform X, Mr. Musk is pitching the party as mainstream. By Jim Tankersley Pierre Poilievre, the Conservative ...

A methane gas explosion caused a mine collapse in southwest Pakistan, trapping at least 12 miners. Rescue operations are ongoing in the Balochistan province with no rescues yet. The incident ...

Forecast issued at 4:20 pm EDT on Thursday 9 January 2025. Cloudy. Very high chance of showers. The chance of a thunderstorm. Heavy falls possible in the west. Light winds becoming easterly 15 to 25 ...