It takes gumption to reject a takeover approach from a rival and announce a potentially very dilutive capital hike on the same day. British low-cost airline EasyJet Plc asked shareholders to pony up 1.2 billion pounds ($1.7 billion) via a fully underwritten rights offer to help pay down debt and seize growth opportunities presented by the pandemic. It also revealed ...

Coinbase Global Inc boss Brian Armstrong has long believed that the adoption of digital currencies like Bitcoin would resemble a straight arrow towards progress — much like the internet’s development from a web of interlinked computers to a whole economy of applications and businesses. Yet his angry tweet storm against the US Securities and Exchange Commission (SEC), after its behind-the-scenes ...

Brazilian President Jair Bolsonaro’s bet that adoring crowds on Independence Day would help him out of a tough spot didn’t quite go to plan. Tens of thousands did turn out in Sao Paulo and elsewhere, decked in the green-and-yellow flag. He responded with now-familiar attacks on the electoral system, his opponents and the Supreme Court, vowing he would never go ...