Revolut Unleashes Holiday Home Rental Service
Financial super app Revolut is growing its range of travel services with a new holiday home rental feature providing cashback. With hundreds of thousands of holiday homes throughout the world, ...
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Tag: Europe
Klarna Condemned For Chaotic Approach To Job Cuts
UK workers said they were ‘blindsided’ by the Swedish company’s announcement Sacked staff have condemned the buy now pay later (BNPL) firm Klarna for its disorderly handling of job cuts, ...
Former Exec Sues CIBC For $1M Over Racial, Sexual Discrimination
The London office of one of Canada’s top banks Canadian Imperial Bank of Commerce (CIBC) (CM.TO) has been accused of operating a hostile and degrading environment for women, according to ...
Allianz To Pay $6B Fine In U.S. Fraud Case, Fund Managers Indicted
Germany's Allianz SE (ALVG.DE) accepted to pay over $6 billion and its U.S. asset management unit accepted charges of criminal securities fraud over the collapse of a group of investment ...
SoftBank’s Arm U.S. IPO To Be Led By Goldman Sachs – Sources
The lead underwriter on the initial public offering (IPO) of Arm Ltd that could value the British chip designing company at as much as $60 billion that SoftBank Group Corp ...
European Parliament To Vote On Crypto Bill Without PoW Provision
The parliament of the European Union has now scheduled a vote on an infrastructure that is aimed at regulating cryptos after addressing issues surrounding proof-of-work (PoW) mining. In a March ...
CityJet Considers Fleet Expansion For Post Pandemic Recovery
CityJet, the Dublin-based Irish regional airline, wants to increase the size of its fleet in preparation for a post-pandemic recovery in Europe. This airline focuses on charter flights and the ...
TrueLayer Fintech Startup Bags $130M, Surpasses $1B Valuation
In the latest funding round, London-based fintech startup TrueLayer raised $130 million from investment firm Tiger Global Management and payments technology provider Stripe, which valued the firm at over $1 ...
EasyJet Rejects Wizz Bid, Raises $1.7B To Go Alone
On September 9, 2021, reports emerged that EasyJet (EZJ.L) has chosen to reject a takeover approach from Wizz Air. The takeover would have managed to create a low-cost airline that ...
Maurice Blackburn Launches a Class Action Lawsuit against Forex Cartel Scandal
Australian law firm Maurice Blackburn recently filed a class-action lawsuit against five international investment banks. UBS, JP Morgan, Barclays, Citibank and the Royal Bank of Scotland have been named in ...