MARKET REPORT: Forex group Finablr flounders after tycoon’s shares pledge

On a strong day for the stock market, forex group Finablr stood out for all the wrong reasons. It lost more than a quarter of its value after it emerged billionaire majority owner BR Shetty had pledged 392m shares, or 56 per cent of the company, to refinance debts related to the acquisition of Travelex in … Read more