Boris Johnson to EU: Agree a deal in six weeks or ‘move on’

Boris Johnson to EU: Agree a deal in six weeks or ‘move on’

The UK Prime Minister is set to tell his counterparts in the European Union that they must agree a Brexit deal in just over five weeks or accept a no-deal exit. Boris Johnson is due to warn the European trading bloc that “there needs to be an agreement… by...
Bye-bye emerging markets? Pandemic drives private equity exodus

Bye-bye emerging markets? Pandemic drives private equity exodus

Neon Pagamentos, Brazil’s answer to Revolut, cashed in on all the pandemic pandemonium to attract a $300m funding round last week. Led by US private equity giant General Atlantic, the sum is the largest the São Paulo fintech start-up bank has received since its...
SPACs – a quirky sideshow or the future of investment?

SPACs – a quirky sideshow or the future of investment?

Special Purpose Acquisition Companies (Spacs) have been grabbing the headlines recently in the US, with record amounts being raised for these so-called “blank-cheque” companies: over USD27.5 billion so far this year, including the USD4 billion garnered by Bill...