Volkswagen Stock Soars After Confirming Deal to Float IPO for Porsche Brand
(Volkswagen AG) Shares of Volkswagen rose more than 9% on Tuesday after the company said it was in advanced talks for a potential IPO of the Porsche brand. The automaker…
(Volkswagen AG) Shares of Volkswagen rose more than 9% on Tuesday after the company said it was in advanced talks for a potential IPO of the Porsche brand. The automaker…
(HSBC) HSBC posted a profit after tax of $2.0 billion in the fourth quarter of 2021, an increase of $1.1 billion from the prior year. The bank’s profit was earned…
(ONS) The UK recorded a budget surplus of 2.9 billion pounds in January 2022, the first time the government has raised more in taxes than it has spent since the…
(Bloomberg) Prima Materia, an investment firm by Spotify CEO Daniel Ek, is targeting European tech startups, with up to $1 billion set for allocation. The bets focus on startups ranging…
(FT) Russian RTS Index drops 14% as Russia is ready to recognize terrorist organizations in eastern Ukraine. Geopolitical analysts are reading a neutralizing stance by China over tensions in Ukraine,…
(Bloomberg) Emerging-market currencies’ benchmark index has risen to the highest in eight months, thanks to a growing optimism of limited geopolitical risks from Russian-Ukraine tensions. South Africa, which is considered…
(Whalestats) The number one ranked BNB whale wallet has bought 5,367,075 ADA tokens valued at around $5,106,208. The whale already holds 74.62% of his portfolio in BNB, which has a…
(IHS Markit) The Eurozone PMI Composite Output Index rose to 55.8 in February, a five-month high and an acceleration from a reading of 52.3 in January. The rise in output…
(NAR) Existing-home sales in the US hit an annual rate of 6.50 million in January, up 6.7% from the previous month. NAR’s chief economist Lawrence Yun says the uptick in…
(Eurostat) Production in the construction sector in the euro area fell by 4.0% in December, accelerating from another fall of 0.2% the previous month. In the EU, production in construction…
(CoinTelegraph) President Biden is reportedly expected to issue an executive order next week instructing government agencies to study cryptos and a central bank digital currency. In a Thursday report from…
(ONS) Retail sales volumes in the UK were up 1.9% in January 2022, erasing some losses after a 4.0% decline in December. Sales at non-food stores improved by 3.4% in…