Tesla outstrips Toyota by market cap

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Source: Dukascopy Bank SA
The US electric vehicle producer Tesla has surpassed the market capitalization of Toyota by $5B on Wednesday, becoming the most valued car producer in the world.
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Wed, 01 Jul 2020 16:49:56 GMT

Macy's posts almost $4B in losses

On Wednesday, Macy's Inc recorded a $3.58B loss in its Q1, hit by the coronavirus outbreak that forced the department store chain to shut down its stores for a couple of months.

Wed, 01 Jul 2020 15:26:05 GMT

Satabank's license taken away

On Wednesday, the banking license of the Malta-based Satabank has been withdrawn by the request of the Europen Central Bank on money-laundering suspicions.

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