Hints and tips:
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Arrival announced it would merge with Kensington Capital Acquisition Corp V, another blank cheque company. Arrival may survive to commercialise its delivery van....
...Arrival is merging with Kensington Capital Acquisition Corp V, paying a huge premium in order to add $300mn to its balance sheet. It is a desperate move that is unlikely to trigger a Spac revival....
...Arrival’s deal with Kensington Capital Acquisition Corp V values the company at $524mn....
...Sequoia’s new leader One of Silicon Valley’s oldest and most successful venture capital firms, Sequoia Capital, is changing its leadership....
...It says it had helped fund the development of the Sputnik V Covid-19 vaccine....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...Tech tools — VanMoof V e-bike Dutch e-bike brand VanMoof today unveiled its entry into the high-speed bike category....
...At nearly 400ft, the new SpaceX rocket will eventually be taller than the Saturn V that carried Nasa’s Apollo missions to the moon, and its 33 engines will deliver twice the thrust....
...Trading app Robinhood has earned the opprobrium of retail investors in restricting trades, but it has the more serious problem of having enough capital on hand to cover the surge in transactions....
...He hasn’t announced a blank-cheque deal since January, when his Social Capital Hedosophia Holdings Corp V announced a tie-up with the digital lender SoFi....
...EToro, which has more than 20m registered users, will combine with Fintech Acquisition Corp V, the special purpose acquisition company set up by banking tycoon Betsy Cohen, in one of the largest Spac deals...
...The Israeli company, which has more than 20m registered users, will combine with Fintech Acquisition Corp V, the special purpose acquisition company set up by banking tycoon Betsy Cohen, in one of the largest...
...Subsequently, in 2018, Tether lent Bitfinex $625m after the exchange suffered the loss of $850m that it held with a Panamanian payment processor called Crypto Capital Corp....
...Klein’s Churchill Capital Corp IV, which is merging with Tesla-wannabe Lucid, had the largest short interest of any Spac, at $373m....
...Vladimir Putin said he would be vaccinated with the Sputnik V jab on Tuesday....
...Unlike other refiners, Mr Vaidya said IOC had no plans to cut capital expenditure....
...Ashish Gupta, head of Indian equity research at Credit Suisse, said India’s rising caseload ruled out a V-shaped rebound....
...A US circuit court said as much as part of the 1979 case of Zweig v Hearst Corp, which found that a newspaper columnist touting a stock could be sued for securities fraud for failing to disclose he owned...
...Only 10 per cent of those surveyed expect a V-shaped economic recovery from the pandemic, echoing warnings from Jay Powell, the US Federal Reserve chair, who said a rebound in the US economy was likely to...
...estimates that developed economies will contract by 6.1 per cent this year, much more than the 1.1 per cent rate predicted for emerging markets, and Mr Dehn said that “for most of EM it will be a relatively V-shaped...
...For example, in a 2010 opinion (Chevron Corp v Steven Donziger, et al) handed down from the US district court in Manhattan, the judge wrote that the “evidence at trial established that Donziger, a New York...
...“I would say that, as a team, we've pretty well discounted a uniform V-shaped recovery. The question is, is it U-shaped, is it W-shaped or parts of it L-shaped?”...
...“I’m starting to feel confident about a V-shaped recovery.” Letter in response to this article: Does it ever make sense to sell off a crown jewel? / From Mark Eisinger, Dubai, UAE...
...Xerox wants to give HP’s board its walking papers We’re all guilty of overusing the David v Goliath trope but in the case of Xerox and HP, it really does apply....
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