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Aston Martin, the British manufacturer of prestigious cars, will hold an initial public offering in October on the London Stock Exchange. The price range is declared between 17.5 and 22.5 pounds sterling per share. In total, the company plans to place 25% of the shares and expects to receive a capitalization of up to 5 billion 70 million pounds following the results of the IPO. If the expectations of Aston Martin are justified, then the main cost ratios of the British company will be comparable with Ferrari, so that it will be able to take its place in the UK's main stock index - FTSE 100. The revision of the index should take place in December this year.
The Bank of England will announce next week how quickly it expects the economy to recover from the coronavirus pandemic, but it is unlikely to add to the 100 billion pounds of the fiscal package it released in June. Britain’s economy ...
South Korea on Wednesday announced that it would scale back its plans to impose capital gains taxes on stock investments after numerous complaints from retail investors. However, taxes will, instead increase for top earners as part of changes ...
U.S. stock index futures rose on Thursday, ahead of the much-awaited jobs report that could signal further evidence of an economic rebound in June. However, gains remained limited by the record surge in daily COVID-19 cases. Dow e-minis gained ...
Oil prices fell again on Thursday, following the 5% drop from the last session, as a record build in U.S. crude stocks and a surge in new coronavirus cases are feared to weigh on fuel demand. Brent crude futures slid 0.7%, or 30 cents, to ...
Oil prices held steady on Tuesday, remaining unchanged from gains in the previous session after demand for fuel showed signs of picking. Brent crude rose by 6 cents to $43.14 per barrel at 0046 GMT after previously gaining 2.1% on Monday. ...
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