Casper IPO valuation dwindles from peak of $1 billion

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The online mattress retailer Casper Sleep Inc, whose investors include rapper 50 Cent and actor Leonardo DiCaprio, is expecting the valuation for its initial public offering to be lower the roughly $1B it announced in the previous funding round.
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Mon, 27 Jan 2020 18:42:07 GMT

GM plans $2.2B investment into Detroit plant

General Motors is set to invest $2.2B in the Detroit-Hamtramck assembly factory to manufacture sport utility vehicles and electric trucks, in the company's move that would add 2,2K jobs, the US largest carmaker announced on Monday.

Mon, 27 Jan 2020 16:42:49 GMT

Mexican retail sales surge in November

Mexico's retail sales grew 1.7% in November, the strongest rise since 2016, supporting the country's struggling economy, official data revealed.

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