It’s a match: Bumble snaps up French dating app Fruitz February 7, 2022 Dating app owner Bumble has snapped up French matchmaking app Fruitz as it looks to strengthen its European footprint and challenge Tinder and Hinge owner Match Group.
Slow bleed out of crypto continues, but can the US central bank deliver positive news? January 24, 2022 The slow bleed we’ve seen in the crypto markets accelerated on Friday, with the Bitcoin price dropping below $40k and falling to £35k.
Remote work will free reluctant city dwellers and reinvigorate London January 24, 2022 London has been the cradle of dreams and ambition for a long time. It is more than 600 years now since Dick Whittington left Gloucestershire to seek his fortune in the capital, rising to become lord mayor for the first time in 1397. Faint echoes of his journey remain with us all today: how many [...]
British fintech Revolut launches in-app US stocks trading January 19, 2022 UK fintech Revolut has launched commission-free stock trading in the US in a bid to compete with online brokerages including Robinhood.
China demands more from firms plotting overseas listings December 25, 2021 China’s financial watchdog laid out a raft of new oversight provisions yesterday, tightening rules on firms plotting overseas listings. The China Security Regulatory Commission (CSRC) plans to expand its oversight of offshore listings to those firms using variable interest entity structures, popular with firms who have undertaken recent overseas listings. The CSRC said it was [...]
Victory for Lord Rothermere: End of an era as Daily Mail group exits London Stock Exchange after listing nine decades ago in 1932 December 22, 2021 The Daily Mail’s biggest shareholder – Lord Rothermere – is heading for victory in his bid to take the Daily Mail group private as the company will be delisted from the London Stock Exchange after almost 90 years. The newspaper tycoon made a “final” offer to investors in Daily Mail & General Trust (DMGT) earlier [...]
Microchip maker Imagination on the verge of London listing after board reshuffle December 19, 2021 Chinese-owned Imagination Technologies gets one step closer to its London listing dream as a board reshuffle stifles concerns.
Is the party over for Tesla shares after their recent losses? December 17, 2021 While the Tesla share price remains in the stratosphere, there are several concerns looming on the horizon. The Tesla (NASDAQ: TSLA) share price has been volatile over the past few weeks. On 4 November, the electric vehicle (EV) stock hit a high of $1,230, before falling to $1,013 by 15 November. Then it rose to $1,157 a [...]
Rentokil’s shares plummet 13 per cent after pricey £5bn US expansion deal December 14, 2021 Rentokil's sahres have nosedived following a pricey acquisition of Terminix Global as it looks to swarm the US pest control market.
Crypto investment product offerings grow as regulators expect crypto market consolidation December 6, 2021 Data from CryptoCompare shows that the price of Bitcoin started last week at around $55,000 and mostly traded sideways throughout across the week before suddenly plunging over the weekend.