Billionaire Salinas’ Elektra Sinks to Lowest Since 2007 as Rout Deepens
Shares of Grupo Elektra plunged to the lowest since 2007, deepening a rout that already wiped out $5.5 billion from the ...
EuropaWire5h
EBRD and Swedbank Fund €48.4M Green Logistics Hub to Boost Supply Chains in Lithuania
The European Bank for Reconstruction and Development (EBRD) and Swedbank Lithuania have partnered to provide €48.4 million in ...
Salinas Loses $5.5 Billion in a Day on Elektra Slump
Shares of Grupo Elektra tumbled 71% on Monday as trading resumed following a months-long halt, wiping off $5.5 billion from the fortune of billionaire Ricardo Salinas Pliego and pushing him out of the ...
‘You guys are real idiots’: Tycoon lashes out as he loses $9 billion in two days
Monday’s plunge pushed Salinas out of the world’s top 500 wealthiest list. His stake of about 75 per cent in the Elektra is ...
EuropaWire19h
Tag Archives: Cunext
(IN BRIEF) The European Investment Bank (EIB) and Andalusian company Cunext have partnered on a €30 million loan to build a copper recycling plant in Córdoba, Spain, using advanced electrolysis ...
Mexico's Elektra Shares Sink After Trading Suspension Lifted
Shares of retail and banking company Grupo Elektra fell sharply after regulators ordered the Mexican stock exchange to lift a trading suspension. Elektra shares were down 72% on the Mexican stock ...
Elektra Plunge Strikes Salinas From Ranks of World’s 500 Richest
Shares of Grupo Elektra tumbled 67% on Monday after regulators ordered the exchange to resume trading following a months-long ...