1. Revolut says any IPO will not be in London
UK fintech Revolut's co-founders say they would not consider a flotation on the London Stock Exchange amid the country's "extremely bureaucratic regulator" that they complain is holding them back from getting a banking licence.
2. IAG results 'surprisingly strong' as British Airways outlook looks encouraging
IAG beat expectations as it posted its first quarterly profit since the pandemic in what is seasonally its weakest quarter.
3. FTSE 100 rebounds at the close but finishes the week lower
The FTSE 100 ended the week on a stronger note, up 1% to finish at 7,778 points.
4. Sorry Apple, Microsoft is the cool kid again
The Windows firm is closing in on a significant new partnership with AMD, according to a report by Bloomberg, investing in the chip-maker’s Athena project which seeks to deliver a new generation of processors designed to power the much-hyped AI revolution.
5. Coinbase ratchets up staking revenues, SEC be damned
It is the SEC’s belief that staking rewards amount to an unregistered securities violation, contending that they qualify as investment contracts under the Howey Test.