Saturday, September 23, 2023
Home > Volkswagen AG
Porsche shares rise in Frankfurt market debut

Porsche shares rise in Frankfurt market debut

[ad_1] The Porsche IPO is set to be one of the largest in European history.Thomas Kienzle | AFP | Getty ImagesPorsche shares edged higher in their stock market debut Thursday, in what's being billed as one of the biggest public offerings in Europe ever.Shares of the iconic sports car brand

Read More
Volkswagen shares up slightly on Porsche’s 70-75 billion euro valuation

Volkswagen shares up slightly on Porsche’s 70-75 billion euro valuation

[ad_1] A Porsche AG Taycan Turbo S electric automobile at the luxury automaker's development center in Weissach, Germany, on June 21, 2021.Andreas Gebert | Bloomberg | Getty ImagesVolkswagen shares rose slightly on Monday after the carmaker said it was targeting a valuation of up to 75 billion euros ($74.84 billion) for

Read More
Volkswagen targets $70.1 billion to $75.1 billion valuation in planned Porsche IPO

Volkswagen targets $70.1 billion to $75.1 billion valuation in planned Porsche IPO

[ad_1] The name of the car manufacturer Porsche is attached to the curved facade of the newly built Porsche Centre in Magdeburg.Stephan Schulz | picture alliance via Getty ImagesVolkswagen is targeting a valuation of 70 billion to 75 billion euros ($70.1 billion to 75.1 billion) for luxury sportscar maker Porsche

Read More
Stocks making the biggest moves midday: Alibaba, FedEx, Bed Bath & Beyond and more

Stocks making the biggest moves midday: Alibaba, FedEx, Bed Bath & Beyond and more

[ad_1] FedEx trucks at Indianapolis International Airport in Indianapolis, Indiana.Kaiti Sullivan | Bloomberg | Getty ImagesCheck out the companies making the biggest moves midday Tuesday:Illumina — Shares of the biotech company rose 3.5% after Illumina said it plans to appeal a decision by the European Commission prohibiting the company's acquisition

Read More
Stocks making the biggest moves premarket: Bed Bath & Beyond, Dropbox, Transocean and more

Stocks making the biggest moves premarket: Bed Bath & Beyond, Dropbox, Transocean and more

[ad_1] Check out the companies making headlines in premarket trading.Bed Bath & Beyond — The beleaguered home goods retailer dropped another 14.1%, adding to several straight days of losses. The latest move comes after CFO Gustavo Arnal committed suicide Friday. Bed Bath & Beyond said in a statement Sunday that

Read More
Tencent wants to be foreign automakers’ go-to company for tech in China’s electric car market

Tencent wants to be foreign automakers’ go-to company for tech in China’s electric car market

[ad_1] BMW's iX electric SUV in China was the first global car brand to include the automobile version of Tencent's WeChat messaging app, according to the Chinese tech company.TencentBEIJING — Chinese internet giant Tencent wants to sell technology which the company says will help foreign automakers that want to sell cars in China's massive electric vehicle

Read More
BYD is selling so many electric cars it’s become one of the top three automakers in China

BYD is selling so many electric cars it’s become one of the top three automakers in China

[ad_1] One of BYD's bestselling electric car models, the Han, is on display during an auto show in Shenzhen on June 5, 2022.Anadolu Agency | Anadolu Agency | Getty ImagesBEIJING — Chinese electric car maker BYD saw sales more than double in May, solidifying the company's climb into the ranks

Read More
Why China will likely recover more slowly from the latest Covid shock

Why China will likely recover more slowly from the latest Covid shock

[ad_1] As Shanghai tries to reopen businesses, one downtown district over the weekend banned residents from leaving their apartment complexes again for mass virus testing. Pictured here, in another district on May 21, 2022, is a line outside a shopping mall.Xu Kaikia | Visual China Group | Getty ImagesBEIJING —

Read More
Watch IMF chief Kristalina Georgieva and Citigroup CEO Jane Fraser discuss the global economy

Watch IMF chief Kristalina Georgieva and Citigroup CEO Jane Fraser discuss the global economy

[ad_1] [The stream is slated to start at 11:30 a.m. ET. Please refresh the page if you do not see a player above at that time.]Spiraling food and energy prices are squeezing households around the world, while central banks are tightening monetary policy to rein in inflation, exerting further pressure

Read More
Many factory workers in Shanghai can’t get back to work, even after Covid controls ease

Many factory workers in Shanghai can’t get back to work, even after Covid controls ease

[ad_1] Tesla's Shanghai factory was "back up and running" as of Wednesday, according to CEO Elon Musk's comments during a quarterly earnings call, per a StreetAccount transcript. This picture shows the factory on the outskirts of Shanghai in July 2021.Vcg | Visual China Group | Getty ImagesBEIJING — Foreign businesses

Read More