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Added on the 03/02/2022 10:51:22 - Copyright : France 24 EN
Shanghai, Sep 29 (EFE/EPA).- Chinese real estate giant Evergrande on Wednesday announced it would sell a 19.93 percent stake in commercial Shengjing Bank to a state-owned conglomerate for 9.99 billion yuan ($1.55 billion).After the transaction, its stake in Shengjing Bank will drop from 34.5 percent to 14.57 percent, Evergrande said in a statement sent to the Hong Kong Stock Exchange.Evergrande will transfer 1.75 billion non-publicly traded domestic shares to the buyer at a unit price of 5.7 yuan. (Camera: ARCHIVE). ARCHIVE FOOTAGE OF THE EVERGRANDE CENTER IN SHANGHAI, CHINA.
London (United Kingdom) , Feb 4 (EFE), (Camera: Claudia Sacrest).- The Shell oil company recorded an attributable loss of over 21 billion dollars. The oil company acknowledges that, as a result of the covid-19 pandemic, there is significant uncertainty in macroeconomic conditions that may have a negative impact on demand for oil, gas and oil products. FOOTAGE OF A SHELL SERVICE STATION.
Tiffany Wood has been an active 'super user' seller on Poshmark since 2015, and her loyalty has truly paid off. According to Business Insider, Wood now has a $12,000 nest egg because she bought stock in the company's initial public offering. In a leaked email, Poshmark let super users know the company had reserved 330,000 shares that they, and their friends and family, could purchase. The max buy was 150 shares. Wood bought 149 shares at $42 a share--the initial share price. On day one, her stock went up to a value of $14,378. By the market's close on Friday, shares were trading at $83.20. Wood's stake is still worth $12,397 with a healthy profit of $6,139. And she's thrilled!
Susan Walsh/AP; Erin Scott/Reuters There's no love lost between Elon Musk and Mark Zuckerberg. The billionaire tech CEOs — who helm Tesla and SpaceX, and Facebook, respectively — have been feuding since at least 2016, when a SpaceX rocket explosion destroyed a Facebook satellite. Since then, they've butted heads over everything from artificial intelligence to Facebook's data-collection practices. Most recently, Musk tied Facebook to the violent insurrection in Washington, DC, describing it as a "domino effect." Visit Business Insider's homepage for more stories.
Business Insider reports that Airbnb is planning to raise $2.6 billion in its mid-December IPO. The IPO would give Airbnb a valuation of up to $35 billion. The company plans to list about 50 million shares at between $44 and $50 per share, a regulatory filing showed. Airbnb will list on the NASDAQ under the symbol "ABNB." It was previously eyeing a $30 billion valuation, with $3 billion in proceeds.
Kuala Lumpur, Nov 17 (EFE / EPA).- Malaysian authorities carried out temperature checks Tuesday at the rubber glove manufacturing company, Top Glove, in Setia Alam, outside Kuala Lumpur, after more than 200 company-related COVID-19 cases were reported.Malaysia has recorded more than 48,000 infections and 313 deaths from COVID-19 to date.(Camera: AHMAD YUSNI)SHOT LIST: PEOPLE GETTING THEIR TEMPERATURE CHECKED AT THE ENTRANCE OF THE TOP GLOVE FACILITIES IN KUALA LUMPUR, MALAYSIA.