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Russian lender TCS buys 5% stake in St Petersburg Exchange

MOSCOW (Reuters) -Russia's largest online bank Tinkoff, part of TCS Group, has acquired 5% of ordinary shares in the St Petersburg Exchange, Russia's major bourse for trading foreign stocks, the lender said in a statement on Friday.

Vertical Aerospace to go public in $2.2 billion SPAC deal

(Reuters) -Vertical Aerospace, an electric vertical takeoff and landing aircraft (eVTOL) maker backed by investors such as American Airlines, will go public through a merger with a blank-check firm in a deal valued at $2.2 billion, the company said on Thursday.

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