Rivian’s $6.4 Billion Cash Burn Might Be a Tech Record
The company’s stock could increasingly become a bet on the funding environment.Read More
10-Year Treasury Yield Tops 4% for First Time Since November
U.S. government bonds prices have been hit by inflation, fears of persistent high rates.Read More
Big Investor Still Has a Beef With Wendy’s
Boosting cash returns assuaged activist Trian, but digital sales and growth lag behind fast-food rivals.Read More
Reckitt Cleans Up Well
The maker of Lysol, Clearasil and Enfamil baby formula posted solid results on Wednesday that should reassure investors it is on track.Read More
Manufacturing’s Death Has Been Greatly Exaggerated
America’s manufacturers are still downbeat, but the worst might be behind them.Read More
Innovation in UK Fintech: 5 Things We Learned at the CFIT Launch in Leeds
The Centre for Finance, Innovation and Technology (CFIT), backed by HM Treasury and the City of London Corporation, launched in Leeds this week with a mission to boost the fintech sector’s growth and help it to achieve ‘truly global scale’. The establishment of CFIT is a direct response to recommendations outlined in the Kalifa Review of […]
UK Fintech News Roundup: The Latest Stories 01/03
Every Wednesday, we delve into the latest fintech updates from across the UK. This week brings updates from Revolut, NatWest, Corefy and more. Revolut and British-Ukrainian Aid join forces UK-based neobank and fintech Revolut has made British-Ukrainian Aid its new charity partner to support victims of the war in Ukraine. Revolut has also added Collections, a […]
Wise Announces Redesign as it Reaches New Heights Onboarding 100,000 New Customers a Week
Wise, the money management and transfer service has announced a complete redesign. This comes as the company announced that it has reached 16 million customers served worldwide, and revealed plans for further global expansion. The Wise visual redesign features a fresh green palette and a bold new font, and draws from global currencies, languages, alphabets […]
New video appears to show Russians targeting Bakhmut with warplanes
New videos show Russian forces targeting Bakhmut, Ukraine with warplanes, while Wagner Group mercenaries target the ground. CNN’s Fred Pleitgen reports.Read More
Eli Lilly Says It Will Cut the Price of Insulin
The company said it would cap the monthly out-of-pocket cost of the diabetes products at $35.Read More
