BYD’s US$60 billion wipeout points to deeper turmoil for China EVs

BYD’s US billion wipeout points to deeper turmoil for China EVs

The company shares now trade at around 15 times forward earnings estimates, below their three-year average of 18 Published Fri, Feb 6, 2026 · 09:10 AM [HONG KONG] A relentless sell-off in BYD shares is laying bare investor anxiety over the profit outlook for China’s electric-vehicle (EV) sector, as cooling demand at home and surging…

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Rio walks away from Glencore mega merger on price impasse

Rio walks away from Glencore mega merger on price impasse

The idea of a combination of the two companies has been discussed several times over more than a decade Published Fri, Feb 6, 2026 · 07:56 AM [LONDON] Rio Tinto Group is walking away from talks to acquire Glencore after the two sides failed to agree on valuation, scuttling a potential mega merger that would…

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Michael Saylor’s crypto project pounded after US$12.4 billion loss

Michael Saylor’s crypto project pounded after US.4 billion loss

Published Fri, Feb 6, 2026 · 06:43 AM [NEW YORK] Bitcoin’s plunge below US$65,000 is intensifying the crisis rocking the digital-asset complex, and few companies are more exposed than Michael Saylor’s Strategy. In an earnings announcement on Thursday (Feb 5), the Bitcoin-hoarding company confirmed a net loss of US$12.4 billion for the fourth quarter, driven…

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Marco Perego’s ‘Petrichor’ Starring Valeria Golino, Isabella Rossellini & Tommaso Ragno Sets Sales With Goodfellas – EFM

Marco Perego’s ‘Petrichor’ Starring Valeria Golino, Isabella Rossellini & Tommaso Ragno Sets Sales With Goodfellas – EFM

EXCLUSIVE: Goodfellas has acquired international rights for Italian director Marco Perego’s upcoming feature Petrichor for a sales launch at the European Film Market this month. Valeria Golino (Portrait of a Lady on Fire, Anna, The Morning Show) stars as Sara, a woman whose long-suppressed trauma resurfaces as her father’s death draws near, gradually robbing her of her voice.…

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