CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Abu Dhabi sovereign investor Mubadala has taken a stake in Revolut for the first time, participating in a share sale that last month secured the London-based fintech a $45bn valuation and netted at least […]
Swiss prosecutors freeze $310mn as part of Adani investigation #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Swiss prosecutors have frozen $310mn held at six Swiss banks by a person they suspect to be “a frontman” for Adani, the controversial Indian conglomerate fighting accusations of fraud. A decision of the Federal […]
How Gabon’s debt-for-nature swap survived a palace coup #NewsMarket
CashNews.co In mid-August of last year, the Gabonese government concluded a $500mn debt-for-nature swap, the first financial instrument of its kind in mainland Africa. Under its terms, money is freed up for marine protection by lowering the interest rate on Gabon’s debt — a feather in the cap for Ali Bongo, the then president, who […]
Lawyers usher in City of London’s new dawn #NewsMarket
CashNews.co The UK’s capital markets are undergoing their biggest revamp in decades as government ministers and executives seek to restore the competitiveness of the City of London and reverse the outflow of investment to other international financial centres. These efforts, which began under the previous Conservative government and have been backed by the new Labour […]
Craig Wright said he invented bitcoin — lawyers proved him wrong #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The identity of Satoshi Nakamoto, the pseudonymous creator of bitcoin, remains the biggest mystery in the global crypto industry. Countless articles and podcasts have been dedicated to finding the person, or people, who launched […]
Gamma could be one of many to exit Aim amid rules threat #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There’s one thing a bunch of companies on London’s main market share in common, and it’s not the sector in which they operate. They are graduates of London’s junior market. The Alternative Investment Market […]
Investors pile into Coca-Cola and Colgate as recession fears grow #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Investors are snapping up shares in US consumer staples stocks such as Coca-Cola and Colgate-Palmolive as they hunt for more defensive areas of the market amid concerns over a potential slowdown in the US […]
How SEC mobile phones can signal an imminent stock price drop #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mobile phone location data has linked site visits by US securities watchdogs to the headquarters of companies with measurable drops in their share prices — even when no enforcement action is taken. When insiders […]
Janus to follow BlackRock and Fidelity into tokenisation #NewsMarket
CashNews.co Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools Janus Henderson is to become the latest large asset manager to experiment with securities tokenisation, joining a trend that industry observers believe will eliminate many costs, disrupting the industry. The $360bn US asset […]
Oil-rich nations are slowing progress on UN climate pact, say negotiators #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oil-rich nations are making a concerted effort to slow progress on a landmark UN climate agreement to end the use of fossil fuels, according to western nations taking part in global climate change talks. […]