Business COVID 19

The epic GameStop short squeeze continues to roil global markets—even Bitcoin is off

This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. With the exception of the dollar, the screens are a blur of red this morning. Bitcoin, crude, gold, global stocks, U.S. futures—they’re all faltering. Not even Reddit bulls can […]

Business

Volkswagen to tie High executives’ bonuses by hitting ESG Goals

Volkswagen AG intends to connect top executives’ incentives to ecological, strategic and social goals since the German industrial giant attempts to reinforce sustainability credentials which are increasingly related to investors. Executives’ settlement involves the incentive, a fixed salary plus a long-term incentive program associated with share-price performance. “Incorporating ESG criteria to the incentive calculations because […]

Business COVID 19

Pfizer’s blockbuster vaccine Accounts Overlaps the markets in their Mind pandemic stocks sink, and Almost everything soars

European markets along with U.S. stocks jumped Monday on the statement by Pfizer and its spouse, BioNTech, their offender COVID-19 vaccine has shown considerably more powerful than they expected. The pharma companies demonstrated preliminary results in the next and last phase of this vaccine’s trials, and that are still continuing, demonstrating it prevented over 90 […]

Business

Germany’s Automobile industry Can get billions in Financing to Move green

The German authorities may provide the nation ’s critical car sector billions more euros to change into a potential of self-driving automobiles which overlook ’t burn fossil fuels. On Monday, since Germany re-entered partial lockdown, equally Reuters and Handelsblatt reported that a strategy from the economy ministry to provide $2 billion ($2.33 billion) into automakers […]