Don’t try and call a bottom to the crypto crash, warns UBS investment chief May 17, 2022 Investors should prepare for crypto to continue cratering after a market rout wiped more than $400bn from the market last week, a top investment chief warned today.
Credit Suisse hit with credit rating downgrade by S&P after string of scandals May 17, 2022 Scandal-stricken lender Credit Suisse has been hit with a downgrade by credit rating firm Standard & Poors after slumping to a loss in the first quarter of the year.
KKR swoops on London-listed ContourGlobal in £1.75bn deal May 17, 2022 Investment giant KKR has agreed a deal to snap up London-listed power generation firm ContourGlobal for £1.75bn as it looks to bolster its renewable energy portfolio, the firms announced today.
Exclusive: European tech lending surges as startups look beyond equity rounds May 17, 2022 European tech lending boomed to $14.77bn last year as startups looked beyond equity finance to fuel growth, a new report has found.
Storegga closes £51.3m funding round as foreign cash pours into UK renewables May 16, 2022 UK carbon capture firm Storegga announced a £51.3m funding boost from a host of international backers today, as foreign capital continues to pour into UK ‘cleantech’ and renewable energy firms.
Israeli transport tech firm gears up for London growth with $100m funding injection May 16, 2022 An Israeli transport tech firm is poised for a growth push in London after unveiling a $100m funding injection today, taking its valuation to $1.3bn.
London investors pump £10m into German hydrogen firm HH2E May 16, 2022 Two London-based investment firms have pumped £10m into German clean hydrogen company HH2E today to underpin a “massive acceleration” in its roll out over the next five years.
Bitcoin has no future in payments, warns top crypto boss May 16, 2022 Crypto billionaire Sam Bankman-Fried has warned bitcoin will never function as a payments network due to its inefficiency, as the crypto world scrambles to steady the market after a sell-off frenzy in the past week.
Plus500 hikes profit expectations after first quarter trading frenzy May 16, 2022 Shares in London listed fintech group Plus500 jumped this morning as bosses hiked profit and revenue guidance for the year on the back of a bumper set of first quarter results.
OakNorth boss Rishi Khosla is braced for the next economic crisis May 13, 2022 Rishi Khosla has become rather used to dealing with economic crises over the past seven years.
