The Blockchain Group, a European-listed company, received shareholder approval on June 10 to launch a €11 billion fundraising plan to accelerate its strategy of increasing its bitcoin holdings. The proposal, approved with more than 95% support, authorizes companies to expand their bitcoin reserves through the issuance of flexible financing vehicles such as stocks and bonds. The new deputy CEO, Alexandre Laizet, will lead the bitcoin strategy and serve on the board until 2030. The company's CEO...
According to Bloomberg, Ubisoft (Ubisoft) has split its hit games such as Assassin's Creed, Far Cry and Rainbow Six into a new subsidiary valued at about 4 billion euros (about 4.30 billion dollars). Tencent Holdings will pay 1.16 billion euros for a 25% stake in the subsidiary, and the new entity will hold the IP licenses for these games and operate by collecting royalties. The deal is expected to close by the end of 2025, and Ubisoft will use the proceeds to pay down debt and support the devel...
Spotify (SPOT. N) revenue in Q4 2024 4.24 billion euros, market expectations 4.153 billion euros, the same period last year 3.671 billion euros.
The euro area's quarterly adjustment in November trade account 12.90 billion euros, the previous value 6.10 billion euros.
France's October trade balance - 7.666 billion euros, the previous value was revised from - 8.266 billion euros to - 8.418 billion euros.
The euro area's quarterly adjustment in September current account 37 billion euros, the previous value 31.50 billion euros.
The French depositary bank (CDC) recently issued a 100 million euro (108 million USD) digital bond to be settled using the Bank of France's DL3S DLT platform and its pilot wholesale central bank digital currency, wCBDC. The transaction is part of the European Central Bank's wholesale DLT settlement pilot, which ends this month. The Bank of France avoids using the term wholesale CBDC, instead referring to it as a tokenized representation of central bank money. For the issuance of a CDC, it needs ...
Germany's quarterly adjustment in August trade balance 22.50 billion euros, expected 18.40 billion euros, the previous value of 16.80 billion euros.
On September 26, the Ministry of Finance successfully issued 2 billion euro sovereign bonds, of which 3-year 1.25 billion euros, the issuance interest rate was 2.517%; 7-year 750 million euros, the issuance interest rate was 2.738%. The total subscription amount 16.20 billion euros, which is 8.1 times the issuance amount. Among them, Asian, European, Middle Eastern, offshore American investors accounted for 51%, 36%, 5%, 8%, sovereign and super-sovereign, banking, insurance, fund management acco...
The euro area's quarterly adjustment in July trade account 15.50 billion euros, the previous value 17.50 billion euros.