FTX Cleanup continues as Co-CEO sentenced May 30, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. One of Sam Bankman-Fried’s key lieutenant’s, Ryan Salame, formerly Co-CEO of FTX Digital Markets, received a 7.5 year prison sentence in a court in the Southern District [...]
FTSE 100 today: London markets set to open lower as rate cut anxiety weigh May 30, 2024 Rate cut anxiety triggers Asian stock slump, mirroring Wall Street. Salesforce drops 15%. Focus shifts to US Q1 GDP and Auto Trader.
London retains title as tech capital of the world as Oxford and Cambridge close in on New York May 30, 2024 A closely-watched league table has once again named London the tech capital of the world, while Oxford and Cambridge are closing in on New York.
BHP abandons £39bn pursuit of Anglo American May 29, 2024 BHP has abandoned its pursuit of Anglo American today after the London-listed firm refused to offload its South African iron ore business prior to a deal and declined to extend takeover talks.
The City’s betting the Royal Mail bid gets lost in the post. But will it? May 29, 2024 While it is true the Royal Mail deal may face some regulatory resistance, the alternative situation may be worse for the next government.
Blackstone: Investment manager enters £850m race for Village Hotels May 29, 2024 Private investment giant Blackstone has reportedly entered the £850m auction to buy mid-market hotel chain Village Hotels.
Pound Sterling climbs to it highest level against the euro since August 2022 May 29, 2024 The pound hit its highest level against the euro since August 2022.
Wood Group mulls fourth and ‘final’ takeover bid from Dubai-based Sidara May 29, 2024 Dubai-based engineering and consulting firm Sidara has submitted a fourth and "final" takeover proposal to Aberdeen-based rival John Wood Group.
Evening Standard to drop daily print schedule as losses bite May 29, 2024 London's Evening Standard has reportedly told staff it will now only go to print once a week, down from the five-days-a-week format the newspaper currently operates.
The first trust in a year just debuted – and it’s aiming for £500m May 29, 2024 The first public listing for a trust in over a year has unveiled its initial public offering prospectus and is aiming to raise £500m. Special Opportunities REIT (real estate investment trust), an internally managed REIT, said it would look to debut on the London market next month in the largest REIT IPO in well over [...]
