Tiger Global slashes bets on big tech amid global sell-off May 17, 2022 Prolific tech investor Tiger Global has slashed its bets on big tech firms in the first quarter of the year after suffering heavy losses amid a global tech rout.
M&C Saatchi bats away yet another takeover bid May 17, 2022 The investment vehicle spearheaded by tech tycoon Vin Murria has launched a fresh takeover bid for M&C Saatchi today which values the advertising giant at £253.6m.
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.
