Jamie Dimon has doubled down on his disdain for bitcoin and some other cryptocurrencies, arguing they serve no purpose beyond vacuuming up new buyers’ money to pay out profits to their existing holders.
Luxury car maker Aston Martin has announced a £575.8 million ($660m) rights issue, with the backing of investors that include Saudi Arabia’s Public Investment Fund, Mercedes-Benz and the Yew Tree Consortium.
Aston Martin announces $660 million rights issue backed by Saudi Arabia’s PIF Lire la suite »
Glencore’s profits more than doubled to a record in the first half of the year, cementing the group’s status as one of the biggest winners from the turmoil in commodity markets unleashed by the war in Ukraine.
Glencore posts record $18.9bn profit as coal enjoys a renaissance Lire la suite »
MILAN, Aug 1 (Reuters) – Eni (ENI.MI) has set up a new company called Eniverse Ventures that will help develop new technologies in the energy transition sector, the Italian company said on Monday.
Italy’s Eni sets up vehicle to support innovative technologies Lire la suite »
(Bloomberg)—A group led by Rob Walton, the son of Walmart Inc. founder Sam Walton, agreed to buy the National Football League’s Denver Broncos for an amount that’s likely to be the highest ever paid for a US professional sports team.
Mellody Hobson part of group buying Denver Broncos Lire la suite »
Global mining personality and financier Robert Friedland has singled out Africa and the Arabian Shield as the venues where the world’s future-facing minerals and metals will be responsibly produced.
Robert Friedland: ‘World economy can’t change unless we develop a lot more mines’ Lire la suite »
Infrastructure deal would mark Europe’s biggest ever take-private transaction
Blackstone and Benetton family bid to take Italy’s Atlantia private in €54bn deal Lire la suite »
Tiger Woods is backing a special purpose acquisition company (SPAC) that wants to raise US$150 million in an initial public offering (IPO) to acquire a sports technology firm.
Tiger Woods SPAC targets sports tech company worth up to US$1bn Lire la suite »
The global copper industry needs to spend more than $100 billion to build mines able to close what could be an annual supply deficit of 4.7 million tonnes by 2030, Erik Heimlich, head of base metals supply at CRU said this week.
Miners need to invest over $100 billion to meet copper demand Lire la suite »
Autograph, an NFT platform co-founded by professional football player Tom Brady, raised $170 million in a Series B funding round led by Silicon Valley investors Andreessen Horowitz and Kleiner Perkins.
Tom Brady’s NFT Startup Gets $170 Million in Silicon Valley Funding Lire la suite »
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