Thailand’s Central Retail to buy British department store chain Selfridges for $ 5.3 billion

Thai conglomerate Central Retail will acquire British luxury department stores Selfridges in a £ 4bn ($ 5.3bn) deal. The British newspaper The Times writes about this, citing sources. It is reported that the deal could take place by the end of this year. Selfridges is one of the most famous British department stores, the first … Read more

Trump’s media company announced the attraction of $ 1 billion in investments

Specialist Digital World Acquisition Corp., through which Trump Media & Technology Group (TMTG) intends to go public, has raised $ 1 billion in convertible preferred shares, TMTG announced. The company of former US President Donald Trump was founded in 2021, its main product announced is the social network TRUTH Social. Investor names have not been … Read more

The trading volume of the SPB exchange in November grew to a record $ 41 billion

At the end of November this year, the trading volume on the St. Petersburg Exchange amounted to a record $ 40.93 billion. This is 32.52% more than October ($ 30.88 billion) and 62.33% more than in November last year ($ 25.21 billion). For 11 months of 2021, the trading volume amounted to $ 363.85 billion, … Read more

Elon Musk sold Tesla shares for another $ 1 billion

Tesla CEO Elon Musk sold more than 934 thousand shares of the company for $ 1.01 billion. Earlier, Mr. Musk resumed selling shares after a short hiatus. Tesla CEO exercised options to buy 2.1 million shares at a price of $ 6.24 per unit. Reuters points out that the businessman still has options to buy … Read more

Trade turnover between Russia and the UAE in nine months exceeded $ 4 billion

Trade between Russia and the United Arab Emirates (UAE) in 2020 reached a record level of $ 3.3 billion, and in ten months of this year its volume exceeded $ 4 billion, Russian Prime Minister Mikhail Mishustin said at the opening ceremony of the National Day of Russia at “ Expo 2020 “in Dubai.” Our … Read more