CPI and the FED in focus December 14, 2022 | City Talk Another interesting week in markets this time round, where it could end up being crunch time for the FED to make a decision on when these rate hikes are going to end. We’ve just had the November CPI print out of the US and have had some massive moves. Which begs the question, do the [...]
Price of Bitcoin looks to be heading back towards $18,000 December 14, 2022 Bitcoin is trading around $17,820 this morning, after yesterday coming within a hair’s breadth of $18,000 with a new monthly high of $17,926.
Twitter continues to leak advertisers after Musk jibe at Covid rules boss Fauci December 13, 2022 Twitter is facing an exodus of advertisers after Elon Musk tweeted a call to prosecute the US medical chief over pandemic restrictions – in his latest controversial move since buying the social media giant. The social media site is staring down an estimated loss of UK advertising revenue around £10m, and it could deepen if [...]
As cyber-threats mount, the race is on to define and protect the corporate attack surface December 13, 2022 Cybersecurity has historically been a difficult sell to the board. Banking leaders, like their counterparts across other sectors, tended to regard IT security as the domain of the techies—something adjacent to rather than at the core of their business. But things have changed considerably since the start of the pandemic. Today the challenge is not [...]
Vodafone transfers shares in Egypt arm as it simplifies core business December 13, 2022 Vodafone transferred over half of its shareholding in its Egypt business to Vodacom, its African subsidiary, as it simplifies the core business. Under the agreement, the telecoms giant has been issued with 242 million shares in Vodacom and received cash proceeds of €577m in exchange for its 55 per cent shareholding in Vodafone Egypt. Acting [...]
Rishi Sunak warns his cabinet about ‘challenging’ winter of UK strikes December 13, 2022 Rishi Sunak has warned his cabinet that winter will be “challenging” as widespread industrial action ramps up and as the economic downturn deepens. The Prime Minister’s official spokesman today said the “government will do all we can to minimise disruption”, while calling for union bosses to get back to the negotiating table. Today marks the [...]
SEC charges Sam Bankman-Fried with fraud December 13, 2022 The SEC has charged Samuel Bankman-Fried with orchestrating a scheme to defraud equity investors in FTX Trading Ltd (FTX).
Crypto markets follow equities hand-in-hand towards greener pastures December 13, 2022 Bitcoin is trading 2.48% higher than this time last week, while Ethereum is also in the green again, currently trading at $1,280.
Dealmaker’s Spotlight: Picus Capital December 13, 2022 | City Talk Datasite recently spoke with Joanna Koczuk, Head of Investor Relations and Fundraising at Picus Capital, who shared her thoughts on creating long-term value in the VC space, even in current challenging environment. Picus Capital is a global venture capital firm and invests in early-stage technology companies. At the heart of its investment philosophy is being [...]
FTX founder Sam Bankman-Fried arrested in the Bahamas December 13, 2022 Sam Bankman-Fried - founder of the collapsed FTX exchange - has been arrested at his home in the Bahamas.