Author: Jordan

Investing.com — shares rose 3.8% Monday after the company completed New York City’s first point-to-point electric vertical takeoff and landing air taxi demonstration flights. Joby’s aircraft departed from John F. Kennedy International Airport and landed across the city’s heliport network, including Downtown Skyport and the West 30th Street and East 34th Street Heliports in Midtown. The routes connected Lower Manhattan and Midtown to JFK in under 10 minutes, compared to typical 60-to-120-minute drives. The week-long flight campaign marks the company’s participation in the federal eVTOL Integration Pilot Program, established by executive order to accelerate commercial rollout of electric air transportation.…

Sometimes it may feel like the equity you have built in your home is locked away and out of reach. You don’t want to sell your home and get a new mortgage or do a cash-out refinance with a higher rate. However, a second mortgage might be the best answer. The best home equity lenders offer you a choice: a draw-it-as-you-need-it HELOC or a lump-sum home equity loan. The average HELOC adjustable rate is 7.24%, according to real estate data analytics company Curinos. The national average fixed rate on a home equity loan is 7.37%. Both rates are based on…

Buy-to-let (BTL) lender Fleet Mortgages has appointed Nicola Richardson as its managing director. She has worked with the lender since its launch in 2014 and has been key in building and scaling the business.  Richardson joined as head of finance, where she established the lender’s finance function. Since then, she has progressed through several senior roles, including finance director, CFO and, most recently, chief finance and operating officer. As she has progressed within the business, Richardson has worked across multiple disciplines, playing a role in shaping Fleet Mortgages’ structure, proposition and long-term strategy.  The lender said Richardson was the “perfect person to lead…

Retail Bond Access Expands: A New Era for FTSE Markets Kalkine Media Source link

Rapid growth is most business leaders’ dream. But if it’s not handled correctly, it’s not just a mixed blessing; it can be a business’s undoing.   Scale inevitably brings increased complexity and unfamiliar challenges. For some, these prove overwhelming. Growth stalls or even reverses, and the business’s potential remains unrealised. Others, however, absorb the strains that scale brings, build capabilities and processes to overcome the complexities, and enjoy enduring success.   The secret to fast, sustainable growth varies from business to business. Culture, talent and systems all play a part. S&W’s report with the UK Fast Growth Index earlier this year explored some of the factors across Britain’s fastest-growing businesses.   The causes of failure, however, are often common between businesses. Avoiding these pitfalls doesn’t guarantee a business will rapidly scale, but it does give them a…

(April 27): Hedge funds are using the US equity rally to reduce risk, according to traders on Goldman Sachs Group Inc’s prime brokerage desk.As a rapid rebound in the S&P 500 Index drove the benchmark to a record high last week, hedge funds were cutting the total size of their long and short positions in equities by the most since September last year, analysis from the Goldman team led by Vincent Lin shows. “US long-short gross leverage fell 4.6 percentage points last week, as US equities saw the largest notional de-grossing in seven months, led by risk unwind in single stocks,”…

Darlington Building Society has reduced rates across its buy to let, residential and specialist mortgage ranges, with cuts of up to 50 basis points (bps), aimed at supporting brokers placing cases for landlords, first time buyers and clients with more complex income. Effective immediately, the Society has reduced rates across its buy to let range, with selected products seeing cuts of up to 50bps. This includes its 5 year fixed-rate standard buy to let product at 80% loan-to-value (LTV), now available at 5.49%, down from 5.99%.  This is expected to support brokers working with landlords seeking more certainty on longer-term…

Fleet Mortgages has appointed Nicola Richardson (pictured) as its new managing director.  Richardson joined Fleet at its launch in 2014 as head of finance and has since held senior roles including finance director, chief financial officer, and most recently chief finance and operating officer.  She has over 14 years’ experience in financial services and is a chartered accountant with an AMCT qualification, gained during a treasury role at CHL Mortgages. Richardson will now oversee the day-to-day running of Fleet Mortgages, with responsibility for overall leadership, performance, and strategy.  Her role will include developing Fleet’s proposition through ongoing investment in technology,…

Last Updated:April 27, 2026, 13:16 ISTWhile Google Pay & PhonePe do not charge a separate transaction fee for international payments, users may still incur costs through their banks. These come in the form of a mark-upThe rollout in South Korea is focused on areas frequented by international visitors such as retail stores, restaurants, cafes, and tourist hubs where QR-based payments are widely accepted.With Indian travellers now able to use the Unified Payments Interface (UPI) in South Korea by simply scanning QR codes, the move marks not just a convenience upgrade but also India’s growing ambition to expand its digital public…

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