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Tesla to join key share index as it defies critics

BBC News Published image copyrightGetty Images image captionTesla is the worlds most valuable car-maker though its business is a fraction of its rivals Tesla is poised to join Americas benchmark S&P 500 stock index on Monday, giving millions more investors a stake in the electric car-maker. Analysts say the financial milestone is a validation of a string of good news for Elon Musks firm this year. Demand for its cars was resilient this year despite the coronavirus pandemic. But adding Tesla - ...
United States Elon Musk Vitali Kalesnik Jeff Bezos Garrett Nelson Joe Biden
Source: bbc.com

Tesla to join key share index as it defies critics

BBC News Published image copyrightGetty Images image captionTesla is the worlds most valuable car-maker though its business is a fraction of its rivals Tesla is poised to join Americas benchmark S&P 500 stock index on Monday, giving millions more investors a stake in the electric car-maker. Analysts say the financial milestone is a validation of a string of good news for Elon Musks firm this year. Demand for its cars was resilient this year despite the coronavirus pandemic. But adding Tesla - ...
United States Elon Musk Vitali Kalesnik Jeff Bezos Garrett Nelson Joe Biden
Source: bbc.co.uk

H&M and Zara count the cost of coronavirus

The fourth quarter left local currency sales 18 per cent lower overall in its full year, with net sales down 20 per cent at 187 billion Swedish krona, or £17billion.    H&Ms sales were showing good resilience prior to the latest wave of lockdowns, however they may now be affected by further restrictions on stores, such as in H&Ms largest market Germany, RBC analyst Richard Chamberlain said. But, Citi analysts said they viewed the overall picture from H&M as encouraging and reflecting the pa...
United Kingdom Cath Kidson Pablo Isla Alex Smith Helen Dickinson Richard Chamberlain

Why These Tech Stocks Face a Regulatory Reckoning in Europe This Week

Order Reprints Text size The Digital Markets Act could open the door to breaking up large tech companies. Agence France-Presse/Getty Images The executive branch of the European Union released two sweeping legislative proposals on Tuesday that will have major global consequences for Big Tech—introducing massive new fines and opening the door to breaking up companies. The European Commission presented proposals for the Digital Services Act and Digital Markets Act on Dec...
United States Bruxelles Capitale Robin Mansell Viktor Mayer Scott Kessler University Of Oxford

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