The CAC 40, France's benchmark stock market index, has reached a new milestone, surpassing its 35-year anniversary. Created in 1987, the index has proven to be a reliable indicator of the performance of the French stock market. Despite economic turbulence and...
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Ineos Chairman Jim Ratcliffe Proposes £2bn Bid for Manchester United
The chairman of chemical company Ineos, Jim Ratcliffe, is reportedly preparing a £2 billion bid to purchase Manchester United football club. The bid is said to represent a substantial premium on the current valuation of the club. Background on Jim Ratcliffe Jim...
Microchip Technology Plans Expansion
Microchip Technology (NASDAQ: MCHP) has announced plans for a significant expansion of its manufacturing operations. The USA company is investing $20 billion over the next five years to build new chip factories in the US and Europe. The move comes amid a global chip...
Porsche’s Roads by Porsche App Undergoes Overhaul
Porsche, the renowned German luxury car manufacturer, has released a significant update to its "Roads by Porsche" application. The app, which was first launched in 2018, allows Porsche enthusiasts to explore and plan their driving routes. The update introduces several...
Tesla Opens Up Its Charging Network to All EVs in the US
Electric vehicle (EV) owners in the United States are about to get a major boost thanks to Tesla's decision to open up its charging network to all EVs. For years, Tesla's proprietary charging stations could only be used by Tesla owners, but that's about to change. The...
Galeries Lafayette Group plans to sell BHV Marais
The Galeries Lafayette Group, a French retail giant, has announced the sale of BHV Marais, a department store in Paris, France, to an undisclosed buyer. The company's decision to sell BHV Marais comes as part of its plan to focus on its core business and streamline...
Pharrell Williams named new Louis Vuitton menswear designer
Renowned musician and fashion icon Pharrell Williams has been announced as the new lead designer for Louis Vuitton's menswear line. The appointment marks a significant moment for both the brand and the fashion industry, as Williams becomes the first African American...
Groupe BEI launches fund-of-funds to support technology start-ups
Belgian-based investment company, Groupe BEI (Banque européenne d’investissement) , has launched a new fund-of-funds to provide investment support to technology start-ups that are looking to expand their operations. The initiative aims to help start-ups bridge the...
Qatari Investors Consider a Takeover Bid for Manchester United
Manchester United Football Club, one of the most successful and widely supported teams in the world, has been the subject of a takeover bid by a group of Qatari investors. The bid is being led by Jim Ratcliffe, a billionaire businessman from Qatar who has expressed...
Investor Marc Andreessen Sheds Light on How His Company Invests in Cryptocurrencies
Marc Andreessen, a renowned investor and co-founder of Andreessen Horowitz, has shared his insights on how his company approaches investing in the cryptocurrency market. We'll take a closer look at Andreessen's investment philosophy and how it has influenced the...