Spacs, which became a major story in the US stock market at the start of this year, are shell companies that are set up with the sole purpose of merging with a private firm to take it public. However, they have lost much of their lustre after some of the companies that merged with them failed to deliver on their ambitious financial projections.
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Warning of wine and spirits shortage at Christmas
admin, , Business, 0
“We reckon the shortage has probably fallen by about 15,000. Much of that is to do with improved test...
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X accused of taking payments from terrorists
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“A blue checkmark account that bears the name and profile image of Hassan Nasrallah, the secretary-general of Hezbollah, also...
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Brexit impact on food prices ‘very modest’ – Tesco
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Tesco: Brexit ‘could see people choose cheddar over brie’
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Government showed ‘unusual’ interest in Greensill
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During Greensill’s accreditation to CLBILS in May 2020, the Bank reiterated to Greensill the scheme rules around group lending,...
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Gas prices hit new record sparking fears over bill rises
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Sarah Hewin, a senior economist at Standard Chartered Bank, agreed, warning that with rising gas prices feeding into higher...
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Housing market shows signs of picking up
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Karim Haji, head of financial Services at KPMG, said: “While the rise in mortgage approvals offers some green shoots...
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Twitter and Snap add users as restrictions ease
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According to Twitter, the tweets that resulted in Mr Trump’s ban for “glorification of violence” were from 8 January,...
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Donald Trump launches own-brand shoes after $355m fraud fine
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Former US President Donald Trump has launched his own line of Trump-branded shoes at Sneaker Con – a convention...
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