Golden Goose CEO Silvio Campara discusses his company’s plan to raise €100 million ($108 million) in a Milan initial public offering which is expected to value the luxury sneaker brand at about €3 billion including net debt in the offering, based on feedback from investor meetings. from Bloomberg Markets https://ift.tt/ewlPLXd
ConocoPhillips is the latest to bulk up as investors pay up for size. https://www.wsj.com/articles/big-oil-companies-will-just-keep-getting-bigger-ac194ae7
Lai Ching-te’s tumultuous first ten days as Taiwan’s president signal he’s going to be more hamstrung than his predecessor in bolstering the island’s defenses, even as Beijing ramps up military threats. from Bloomberg Politics https://ift.tt/vjHdNKB
Former MSNBC anchor Mehdi Hasan slammed the Biden administration on Wednesday over the news that the $320 million pier the U.S. built to transport aid into Gaza had fallen apart after only a few days. “Let’s be clear: if this had happened on Trump’s watch, we would all be mocking and denouncing him,” Hasan wrote…
Bitcoin.com is excited to announce the forthcoming launch of V-Card, which will enable anyone to spend their cryptocurrency, just like cash, anywhere Mastercard® is accepted. The waitlist is live now at verse.bitcoin.com/card where you can sign up for the chance to win a free V-Card. V-Card: Transforming Crypto Spending V-Card is a prepaid debit card…
Britain’s richest households are bearing the brunt of stickier inflation and high interest rates, a reversal of earlier trends when the poorest was squeezed hardest. from Bloomberg Politics https://ift.tt/jkFgE3f
China’s military achieved its “expected goals” during two days of drills around Taiwan last week but is prepared for further action if provoked, a defense ministry spokesperson said on Thursday. China, which views democratically-governed Taiwan as its own territory, staged two days of war games around the island following the inauguration of President Lai Ching-te,…
Swedish climate fintech Doconomy told CNBC it’s raised $36.9 million in a Series B round co-led by the venture arms of UBS and CommerzBank. https://www.cnbc.com/2024/05/30/ubs-backs-37-million-round-for-climate-fintech-startup-doconomy.html
Foot Locker Inc. reported earnings that surpassed expectations as the sneaker retailer tries to get back on pace with its turnaround plan. from Bloomberg Markets https://ift.tt/1ZEacJD
Taiwan expects to triple its economic growth rate this year as strong demand for new technology such as artificial intelligence boosts the island’s exports. https://www.wsj.com/articles/taiwan-raises-economic-growth-forecast-as-tech-exports-boom-cd358084