Author: franperez66q@protonmail.com

Spend a day at Shanghai Disneyland and you wouldn’t know Chinese consumers are struggling.Wang Jiandong and his girlfriend Yan Xu said they have been skipping meals out and scrimping on day-to-day necessities so they could afford to enjoy the park.”We save in our daily lives so we can spend more on trips,” Wang explained while taking photos with Yan in front of Disney’s iconic castle. “This is a romantic place.”Shanghai Disneyland celebrated its 10th anniversary this week, with former Disney CEO Bob Iger flying in for the festivities.”I’m feeling filled with pride really,” Iger told CNBC during an interview at…

Read More

SpaceX’s record-breaking IPO boosted founder and CEO’s Elon Musk’s personal stake in the company to more than $1 trillion. But he isn’t the only one seeing huge gains from SpaceX’s blockbuster listing. The IPO also minted thousands of new millionaires — and saw stakes of some shareholders surpass the billion-dollar mark.SpaceX’s debut week on the public markets has seen investors scramble to buy into Musk’s lofty ambitions for the company, but cooling sentiment has pared some of those gains over the past couple of days.Earlier in the week, its market cap surpassed Amazon and — briefly — Microsoft. Thursday’s loss,…

Read More

A man talks on his phone walks past a Jio store in Mumbai, India, 22 March, 2023. Reliance Jio rolls Out 5G Services in 41 More Cities, Network Now Live in 406 Cities in India according to an Indian media report. Nurphoto | Nurphoto | Getty ImagesBillionaire Mukesh Ambani’s Jio Platforms, India’s largest wireless operator and digital service provider, filed draft papers for an initial public offering on Friday.The IPO will see the company issue up to 270 million shares, as per an exchange filing.”The proposed listing of Jio will demonstrate to the world that India can build technology companies…

Read More

Black smoke rises from the area of the Russian oil producer Gazprom Neft’s Moscow oil refinery on the south-eastern outskirts of Moscow on June 18, 2026.- | Afp | Getty ImagesRussia has pledged to carry out frequent and “massive group strikes” against Ukraine shortly after Kyiv launched a barrage of drones on Moscow, triggering a huge explosion in one of the Russian capital’s key oil refineries.Ukrainian forces conducted a large-scale attack against Moscow on Wednesday evening and Thursday, heavily targeting a major oil refinery located on the south-eastern outskirts of the city. Nearly 200 drones were reportedly used in the…

Read More

Investing.com — fell 19% to 1,620p today after Israeli hospitality operator formally abandoned its pursuit of the company. Fattal concluded it would not proceed with its indicative £22-per-share cash offer following opposition from Euro Plaza Holdings, which controls approximately 33% of PPHE’s issued share capital. PPHE’s independent committee, established specifically to oversee the takeover process, determined that the Fattal proposal was no longer capable of being delivered in its current form. The decision removed the takeover premium that had supported PPHE’s share price since the bid was first disclosed in late May. The collapse of the Fattal approach leaves PPHE’s…

Read More