Recent changes in US economic policy have triggered a sharp increase in the stock prices of Vietnamese companies. The optimism stemming from President Donald Trump's decision to suspend most response tariffs has significantly boosted Vietnam's stock market. As of Thursday morning, the VN Index, which tracks the country's stock market performance, soared by 6.6%, marking its highest level since October 2001.
Miuccia Prada, co-owner of Prada SpA $1913.HK, recently hinted at a potential deal to acquire the iconic brand Versace $CPRI. This move not only piques the interest of analysts but also attracts attention from other players in the fashion industry, as Versace has garnered the attention of more than just Prada. During Milan Fashion Week, Prada stated, "Versace is on everyone's table." This statement underscores the relevance of ongoing discussions surrounding sales and mergers in the fashion world.
In recent news from the digital finance world, the New York Stock Exchange (NYSE) has filed a request with regulatory authorities to convert the Grayscale Litecoin Trust $LTCN into a spot exchange-traded fund (ETF) based on Litecoin. This move marks a significant shift in the integration of cryptocurrencies with traditional financial mechanisms and opens up new opportunities for the industry.
The telecommunications sector has been witnessing significant activity lately, especially in terms of mergers and acquisitions. One of the most talked-about developments is the potential merger between the British broadcaster ITV $ITV.L and RedBird IMI, backed by Abu Dhabi. This event has the potential to reshape the landscape of the media industry.