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Walking the wire

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Miguel A. Rodriguez
Miguel A. Rodriguez
22 January 2021
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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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.