Tesla’s announcement on Monday that it will seek shareholder approval to increase its share count in order to enable a stock split adds to a recent wave of megacap companies splitting their shares in a bid to attract more investors. Tesla said in a filing it would hold a vote at its upcoming annual shareholder…
Tesla Adds to Wave of Megacap Stock Splits
German First-Quarter Dealmaking Slides to 6-Year Low Due to Ukraine War Jitters
Mergers and acquisitions in Germany in the first three months of 2022 have dropped 10 percent from the same period in 2021 in what has been the slowest start to a year since 2016 due to market uncertainty caused by Russia’s invasion of Ukraine. Equity capital markets in the euro zone’s biggest economy have been…
Chinese Regime’s Star TV Anchor: To Fight Russia Is to Fight a Friend
In order to protect itself, the Chinese regime has refused to denounce Russia’s invasion of Ukraine, a star Chinese state media TV anchor in Beijing has told her viewers. Liu Xin, China’s most well-known English host and anchor of state-run English TV channel CGTN, was commenting on the virtual talks between U.S. President Joe Biden…
Taiwanese Lawmakers Debate Restoring Conscription
Following Russia’s invasion of Ukraine, lawmakers in Taiwan are calling for an increase in its military conscription period. Meanwhile, new polls show a majority of Taiwanese are both in favor of women joining the island’s compulsory military training and extending the duration of the training period. A survey released on March 15 by the Taiwan…
Ukrainian President Zelensky’s TV Sitcom Rights Vyed by Broadcasters Worldwide
Broadcasters worldwide are vying for the rights to the comedy TV series that brought Ukrainian President Volodymyr Zelensky to fame. The comedy series “Servant of the People,” starring Zelensky, has become increasingly popular since the Russia-Ukraine conflict, with more than 20 broadcasters worldwide vying for the rights to the show. People in China are finding…
New Zealand Cuts Fuel Tax and Halves Public Transport Fares Amid Petrol Hikes
The New Zealand government has decided to cut fuel excise tax and halve all public transport fares for three months as fuel oil prices surge following Russia’s invasion of Ukraine. A reduction of NZ 25 cents (17 cents) a litre in fuel excise duties and road user charges came into effect from midnight Monday, while…
Ukrainian Athletes Sweep the Podium at Beijing Winter Paralympics, Finishing Second in Medal Count
Ukrainian Paralympic athletes have pushed through their fears and won their biggest haul of gold medals in Beijing as a crisis unfolds at home. The 2022 Winter Paralympic Games just ended in Beijing. The Ukrainian team stole the show by finishing second in the medal count, winning a record 29 medals, including 11 golds. Ukraine…
China Won’t Dare to Rupture Relations with US, Europe Over Russia-Ukraine Conflict, Economists Say
Although China and Russia have announced a “no limits” partnership, with “no forbidden areas of cooperation,” Beijing is unlikely to do anything to jeopardize its economic relationship with Europe and the United States, economists say, citing that China has long benefited from global integration and seeks to maintain the world economic order from which it…
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