World Bank Chief takes swipe at Microsoft’s $69 BLN gaming deal
World Bank President David Malpass criticized Microsoft’s $69 billion takeover of gaming developer Activision Blizzard as a questionable allocation of capital. This is when poor countries are struggling to restructure debts and fight poverty. Malpass said during a Peterson Institute for International Economics virtual event that more capital needed to flow into poor countries. But these flows […]
SPACs On their way to UK
When the Financial Conduct Authority (FCA) made substantial changes to its rulebook last year in order to attract a slice of the SPAC (special purpose acquisition company) action, many of them thought that it could be a game changer. There was enough support for the move from those looking to sink money into SPACs. It […]