Accell, owned by KKR, wants to restore confidence in Babboe cargo bikes

Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. Bicycle manufacturer Accell Group, owned by KKR, is hoping to revive its cargo bike brand Babboe after a quality scandal led to the recall of 22,000 unsafe bikes and a criminal investigation by Dutch authorities. The … Read more

Labour landslide could boost investment and confidence in UK, City analysts say

A landslide victory for Keir Starmer in Thursday’s general election could give Britain a stability premium in global markets, boosting the pound, stocks and investment in the UK as political unrest mounts elsewhere, investors in the City say. In a sharp contrast to warnings from the Conservative Party about the dangers of a large Labour … Read more

Here’s How Low Bitcoin Can Go As Bear Confidence Grows

Here's how low Bitcoin can go as bears grow in confidence

After subsequent sessions of sideways trading, Bitcoin (BTC) bears appear to be gaining strength against the first cryptocurrency. At the time of writing, Bitcoin had lost the $67,000 support zone in the past 24 hours, reaching a low of $65,000. Attention now turns to the next price move, with Bitcoin analyst CryptoCon In an X-post … Read more