• Nov 28, 2024

World markets head for reality check after month of Trump

November was a month of clear winners and losers from Donald Trump's Nov. 5 U.S. election victory. Trump trades, essentially punishing tariff-sensitive assets from European exporters to Mexico's peso and driving investment towards U.S. stocks and the dollar, proved successful. Wall Street has rallied, the dollar gained 2% against rival major currencies and bitcoin surged.

  • Nov 28, 2024

Revolut Will Let Former Staff Sell Stock in Secondary Sale

(Bloomberg) -- Revolut Ltd. has told its former staff they can participate in a secondary share sale, allowing them to cash in at the finance firm’s latest $45 billion valuation. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasFormer employees were told this week that anyone who’d been at the fintech for at least 24 months and held $100,000 or more i