Europe

Volkswagen Is One of the Cheapest Stocks. A Porsche IPO Could Change That.

Buy Volkswagen Stock. Porsche’s IPO Could Unlock Value at the Emerging Tesla Challenger.

A successful Porsche IPO could unlock value at Volkswagen, an emerging Tesla rival. Here, a 2022 Porsche Taycan GTS Hockenheimring edition is being painted. Porsche Text size With the exception of Tesla , auto makers are out of favor with investors. Their shares carry some of the stock market’s lowest price/earnings multiples. Concerns include an …

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Volkswagen Is One of the Cheapest Stocks. A Porsche IPO Could Change That.

Volkswagen Is One of the Cheapest Stocks. A Porsche IPO Could Change That.

A successful Porsche IPO could unlock value at Volkswagen, an emerging Tesla rival. Here, a 2022 Porsche Taycan GTS Hockenheimring edition is being painted. Porsche Text size With the exception of Tesla , auto makers are out of favor with investors. Their shares carry some of the stock market’s lowest price/earnings multiples. Concerns include an …

Volkswagen Is One of the Cheapest Stocks. A Porsche IPO Could Change That. Read More »

Stocks Drop After Powell's Remarks

Stocks Drop After Powell’s Remarks

Text size Fed Chairman Jerome Powell’s speech has hung over markets all week. Drew Angerer/Getty Images The stock market was falling Friday, as Federal Reserve Chairman Jerome Powell made hawkish remarks about monetary policy at the annual Jackson Hole Symposium, even in the face of declining inflation. The Dow Jones Industrial Average has dropped 658 …

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This giant 'water battery' under the Alps could be a game-changer for renewable energy in Europe

This giant ‘water battery’ under the Alps could be a game-changer for renewable energy in Europe

Beginning operations last month, the water battery, called Nant de Drance, is a pumped storage hydropower plant that provides the same energy storage capacity as 400,000 electric car batteries. Located high in the Swiss Alps in the canton of Valais, the plant is equipped with agile, reversible turbines that offer new levels of flexibility, says …

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China factories are feeling some heat as U.S., Europe demand slows

China factories are feeling some heat as U.S., Europe demand slows

Pictured here on June 24, 2022, are workers making umbrellas in a factory in Jinjiang city, Fujian province, China. Yuan He | Future Publishing | Getty Images European sales for Guangdong-based coffee machine company HiBrew have tapered off after a sterling run last year when pent-up global demand drove up purchases of Chinese consumer goods.  …

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EU Approves Landmark Legislation to Regulate Apple and Other Big Tech Firms

EU Approves Landmark Legislation to Regulate Apple and Other Big Tech Firms

European Union lawmakers have approved landmark legislation to heavily regulate Apple, Google, Meta, and other big tech firms. The Digital Markets Act (DMA) and Digital Services Act (DSA) were proposed by the European Commission in December 2020. Now, collected in a “Digital Services Package,” the legislation has been formally adopted by the European Parliament and …

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