Walking the wire

Walking the wire

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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