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Latest news

China's stock exchange is changing the rules

The Hong Kong Stock Exchange has drafted new rules for the listing of specialist technology companies. The lower revenue threshold set in previous proposals will now apply to these companies.

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The oil market is plunging, is the banking crisis to blame?

The problems that banks are currently facing are having a significant impact on the oil market. There is some correlation in the market between the exposure of not only US banks to the oil industry, which can lead to volatility in both the oil and financial markets. Such a link has most recently affected oil investors.

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Will Volkswagen have its own mines?

That's the question investors are asking after the carmaker announced new plans to invest in mines. Specifically, they are talking about PowerCo, a company that is part of Volkswagen and aims to become a global supplier of batteries, not just produce for Volkswagen's own needs.

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Volkswagen Group confirms production in three other European factories

Thomas Schmall, a member of the board, announced on Monday that the production of 240 GWh of battery cells, which the car company primarily focuses on in Europe, will be covered until 2028.

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Gap closing stores

The popular store chain most recently announced worse results and changes in the company's leadership. Gap is currently dealing with multiple issues and continues to search for a new CEO. Store sales are down 3% and online sales, which account for 41% of total net sales, are down 10% compared to 2022.

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Subway may be taken over by Goldman Sachs

Goldman Sachs, an American multinational investment banking and financial services company based in New York, has got a taste for Subway. We're not talking about buying a bagel but taking over the entire Subway chain.

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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.97% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.