The SPAC, called I2PO, will focus on investing in entertainment and leisure industry companies and list on the Euronext Paris stock exchange, the partners said on Wednesday. SPACs, also known as blank- …
See Original Article

The Financial Conduct Authority has said it will not block an effort by Provident Financial to cap compensation payouts to customers who were mistreated by its doorstep lending division, despite believing the plan is “inconsistent” …
See Original Article

Cambridge University research shows China accounted for less than half of the power used to mine bitcoin in April, down sharply from 75.5% in September 2019. Kazakhstan saw an almost sixfold increase in its share of global bitcoin mining in the same …
See Original Article

Revolut, the London-based digital banking startup founded just six years ago by Russian-born founder Nikolay Storonsky, raised $800 million from investors, who value the company at a whopping $33 billion, the company announced Thursday. Revolut is …
See Original Article

Welcome to the Brussels Edition, Bloomberg's daily briefing on what matters most in the heart of the European Union. And now come the years years
See Original Article