BMW targets higher margins while investing in electric cars.
- #BMW aims to return to its pre-pandemic operating margin target, but big investments in electric cars mean the automaker will have to simplify its vehicle portfolio.
- #BlackRock Inc. is adding #Bitcoin futures as an eligible investment to two funds, the first time the money manager is offering clients exposure to cryptocurrency.
- European #stocks rose after Dutch chip equipment maker ASML and Swiss luxury group Richemont gave encouraging earnings updates, while investors hoped for a large U.S. stimulus plan.
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