31. 08. 2024 | Natalie Bezděková
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Karo Leather, a Czech leather processing company, published its financial results for the first half of this year on Thursday. The company successfully launched production at its new factory in Brtnica and confirmed its annual target for operating profit. Karo Leather, whose shares are traded on the Start market of the Prague Stock Exchange, ...

4. 08. 2024 | Natalie Bezděková
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PDD Holdings, the parent company of Chinese e-tailer Temu, has beaten analysts' estimates, posting a 131 percent year-on-year increase in revenue to 86.81 billion yuan (275.6 billion CZK) in the first quarter. This growth is attributed to Temu's strong consumer acceptance in international markets. Launched in September 2022, Temu's online mar...

7. 03. 2024 | Natalie Bezděková
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Lawyers who defended the interests of Tesla shareholders and pushed for Tesla boss Elon Musk not to receive a huge agreed fee of nearly $56 billion are now demanding a record fee for their legal services. That fee would amount to nearly six billion dollars and would be paid in Tesla stock. The three law firms involved in the litigation said thei...

17. 08. 2023 | Kristýna Bezděková
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More than a year after its originally planned launch, Jacobi Asset Management is now officially launching the first spot Bitcoin Exchange-Traded Fund (ETF) in Europe. The fund is available on the Euronext exchange in Amsterdam. Bitcoin ETF becomes a European reality It can be found on the Euronext exchange under the listing symbol BCOIN. The...