Crypto AM Summit & Awards 2022 August 16, 2022 The third Crypto AM annual summit and awards returns to the spectacular 5-star Hotel Leonardo Royal St Pauls, London this November, featuring some of the cryptocurrency and blockchain world’s most prominent figures. Two days of discussion and debate, coupled with workshops and world-class networking, will culminate in one of the industry’s most glamorous and prestigious [...]
Five Chinese firms vow to delist from US markets amid long running audit dispute August 13, 2022 Five Chinese state-owned companies have said they will pull themselves off the New York stock exchange amid long-running clashes between Beijing and Washington over audit standards. The five Chinese firms have said they will delist from the Wall Street market after coming under scrutiny over US regulators claims they have failed to meet US audit [...]
New PM must push through City reform for finance to flourish, lobby groups say August 10, 2022 The new prime minister must push through a swathe of reforms to the City if the UK is to regain its place as the “world’s foremost international centre of finance”, a top lobby group warned today.
Meta and BlackRock dive deeper into crypto as Voyager receives approval to return cash August 8, 2022 Data from CryptoCompare shows that the price of Bitcoin started last week around the $23,000 mark and moved sideways throughout most of it.
Air taxi firm Vertical Aerospace posts loss as company builds latest prototype August 8, 2022 UK electric aviation firm Vertical Aerospace has posted a half-year loss of £39m, up from last year’s £22m, due to its pre-revenue status. Costs increased as the company completed building its aerial taxi prototype which, after a series of ground testing, is expected to begin flying this summer. “I am grateful for the efforts of [...]
Reform London’s capital markets or jeopardise global status, review chief warns July 25, 2022 London is at risk of losing its status as a premier global stock market if it does not act fast to reform rules, the author of a review into London’s capital markets has warned.
London Stock Exchange ready to ‘fight’ for Arm listing, says boss July 21, 2022 The boss of the London Stock Exchange said the bourse was willing to “fight” to win the listing of British chipmaker Arm today after reports its Japanese owner Softbank has downed tools on a London listing.
Ex-GSK Haleon lands on London market despite economic turbulence July 18, 2022 Haleon, GlaxoSmithKline’s (GSK) former consumer health division, will list on the London market today as a standalone entity. It is a sign of changing tides on the London Stock Exchange, which for years has heavily relied on oil, mining and financial firms. The new FTSE healthcare heavyweight, which awaits a response on its application to [...]
German Doner Kebab owner eyes New York listing as chain swells quickly July 12, 2022 The owner of the German Doner Kebab chain has said it is eyeing floating on the New York stock exchange. Scotland’s Hero Brands, which owns the rapidly expanding kebab chain as well as Island Poké and Choppaluna, is mulling a public listing across the pond. Imran Sayeed, boss of the Glasgow-based business, told Times Enterprise [...]
Sink or swim: The peril of floating as an online media firm July 7, 2022 The excitement surrounding Buzzfeed’s IPO was palpable. It had a loyal following of millennials, millions of investment, and a private-market value of around $1.7bn (£1.4bn). Last summer, Buzzfeed founder and CEO Jonah Peretti said the float was about “taking the next step in BuzzFeed’s evolution, bringing capital and additional experience to our business”. He said [...]