Trustpilot shares plummet after short seller alleges ‘mafia-style’ practices
Grizzly Research claims that online review site pressured companies to subscribe to improve their ratings
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FCA to grant provisional licences to financial start-ups to help them launch faster
Companies given the 18-month permits will have restrictions on the volume or value of business they can do
Lead developer of major Scottish carbon capture project to sell stake
Decision raises questions about project’s future and fuels concern over declining industrial base
BP in advanced talks to sell $8bn Castrol unit to US group Stonepeak
British oil company has been trying to sell the business as part of efforts to raise $20bn from asset sales
Whoever controls digital wallets will control the future
If a single system dominates, it will become nearly impossible to opt out
MSCI launches index combining public and private equities
New benchmark comes after rapid growth of unlisted assets sector in recent years