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(Bloomberg) -- Revolut Ltd. has told its former staff they can participate in a secondary share sale, allowing them to cash in at the finance firm’s latest $45 billion valuation. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasFormer employees were told this week that anyone who’d been at the fintech for at least 24 months and held $100,000 or more i

This latest update comes after Advanz secured a suspension of the European Commission’s original revocation in September 2024.

SoFi Technologies (SOFI) is a lending technology platform and consumer financial stock that has vastly outperformed the wider financial sector over the past 12 months. However, despite impressive growth expectations, I’m bearish on this Californian company. The stock’s valuation is simply too high, and the high price paid for expected growth introduces too much execution risk. It has also benefitted from the macroeconomic environment and strong sentiment, which could change. SoFi’s P/E Ratios Ar

The company is set to offer 13,291,074 ordinary shares, equating to 30% of its total share capital.

LONDON/SINGAPORE (Reuters) -European shares ticked up on Thursday after falling the previous day, while Asian stocks slipped, as trading volumes thinned ahead of the U.S. Thanksgiving holiday. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.52%, but Japan's Nikkei climbed 0.56%. European markets were boosted by a rally in tech shares after Bloomberg reported the Biden administration's curb on Chinese chips could be less severe than expected.

FTC Solar (FTCI) announced that it will implement a reverse stock split of its issued and outstanding Common Stock at a ratio of 1-for-10, effective at 5:00 PM Eastern Time on November 29, 2024, to satisfy the Nasdaq Capital Market’s minimum $1.00 bid price per share requirement. The reverse stock split will be effected simultaneously for all outstanding shares of the Company’s Common Stock and will affect all of the Company’s stockholders uniformly. Published first on TheFly – the ultimate sour

(Bloomberg) -- Trafigura Group, the commodities trading giant, is positioning for record growth in the beleaguered market for carbon credits, as it bets new regulatory frameworks will propel the instruments into the mainstream of emissions accounting.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasAcross jurisdictions, “increased and mounting regulat

British car output was down 15.3% in October.

There are currently no available treatment options for any form of frontotemporal dementia that have been approved by the EMA or FDA.

November was a month of clear winners and losers from Donald Trump's Nov. 5 U.S. election victory. But December could be bumpy, with the Trump trade vulnerable to a potential bond market backlash against fiscal largesse, while tariffs might boost inflation and snarl up supply chains. Analysts expect more volatility in the $7.5 trillion-a-day currency markets as debate rages about how low the euro can go and whether Trump really will boost the U.S. economy while most others suffer.