by Sebastian | Mar 26, 2020 | News
SoftBank criticises Moody’s after debt downgrade SoftBank has demanded that Moody’s remove all of its bond ratings on the Japanese conglomerate, after the rating agency issued a two-notch downgrade that cut its debt deeper into junk status. The group led by...
by Sebastian | Mar 26, 2020 | News
Europe’s tech companies announced nearly $500 million in deals on Monday as venture-capital backed firms defied the gloomy markets. Lilium, an Uber-like service for private jets, closed a funding round of more than $240 million to continue development of its electric...
by Sebastian | Mar 26, 2020 | News
The 17.2 billion euro ($18.4 billion) sale of Thyssenkrupp’s (TKAG.DE) prized elevator unit to a consortium led by Advent and Cinven [CINV.UL] is not under threat from the coronavirus crisis, the conglomerate’s CEO said in an internal staff letter. “To be absolutely...
by Sebastian | Mar 26, 2020 | News
Experts warn investors are looking inward during Covid-19 chaos When Michael Kent, founder of Azimo, presented to the fintech’s venture capital backers on 18 March, his first slide urged one thing: Don’t panic! But for most UK fintech investors, the message is not...
by Sebastian | Mar 26, 2020 | News
2019 payouts for Deutsche’s senior executives, including CEO Christian Sewing and group president Karl von Rohr, also fell Deutsche Bank confirmed its staff bonuses dropped by around a fifth on average for 2019, as the group embarked on its “most fundamental...
