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Money

Monte dei Paschi cash call 93% covered but shareholders shy away

Financial Times | Oct 31, 2022 at 8:07 PM

…Monte dei Paschi di Siena has covered 93 per cent of its controversial €2.5bn rights issue despite a meagre take-up by the bank …

Lula should use his victory to revive Brazil’s economy

Financial Times | Oct 31, 2022 at 7:35 PM

…the South American Mercosur bloc and the EU. He should name a finance minister with the confidence of market investors and outline a credible plan…

Lula seeks unity after Brazil election win as Bolsonaro remains silent

Financial Times | Oct 31, 2022 at 7:31 PM

…Brazil’s economy is set to slow sharply next year and government finance s have been strained by a pre-election spending splurge from Bolsonaro, who…

Satoshi Nakamoto’s Seminal Bitcoin White Paper Turns 14 Today

Bitcoin.com | Oct 31, 2022 at 7:30 PM

Approximately 14 years ago today, on Halloween, Satoshi Nakamoto introduced Bitcoin to the world by sharing the renowned white paper.

‘Ray of hope’ shatters as Ukraine grain deal collapses

Financial Times | Oct 31, 2022 at 7:15 PM

…7 per cent in October, keeping the pressure on the European Central Bank to continue raising interest rates. Separate data showed the bloc grew 0…

Britishvolt on brink after government rejects rescue plea

Financial Times | Oct 31, 2022 at 7:10 PM

…up made a final effort to secure a private rescue to avoid bank ruptcy. The company, which planned to develop a £3.8bn gigafactory in the…

Swiss veto of weapons re-exports to Ukraine angers Germany

Financial Times | Oct 31, 2022 at 6:37 PM

…Swiss defence ministry has passed the new German request on to the finance ministry, which handles export licences, a Swiss government spokesperson said, declining to…

Fintech for good needs careful handling

Financial Times | Oct 31, 2022 at 6:30 PM

…asks whether the new prime minister can push the UK to follow the EU’s recent speed around financial regulations in areas such as crypto ….

Blackstone/Emerson: vendor fills financing void left by banks

Financial Times | Oct 31, 2022 at 6:29 PM

…Emerson is pivoting its portfolio towards higher-growth areas such as automation technology . Its shares have risen 50 per cent in the past five years…

Brazil: foreign investors find Lula easier to love than locals

Financial Times | Oct 31, 2022 at 6:12 PM

…few to have appreciated against the dollar, thanks partly to the central bank ’s early and aggressive response to inflation. High interest rates have made…

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