On February 1st 2021, private space enterprise Astra announced its merger with special purpose acquisition company (SPAC), Holicity. The deal, which values Astra at $2.1bn, aims to see the company go public in Q2 of 2021 and represents a raise of $500m in capital for the space enterprise. The company […]
On November 9th 2020, pharmaceutical giant Pfizer announced preliminary results of a medical study suggesting the development of a COVID-19 vaccine, with an efficacy of 90% in preventing COVID-19 in candidates facing exposure to the virus for the first time. The study comprised 43,538 participants, with those receiving the active […]
Over the last century or so, most Western economies have demonstrated distinctively cyclical behaviour. Known as the boom-bust cycle, the credit cycle or the economic cycle, the superposition of inflationary and deflationary oscillations over a reasonably linear increase in productivity growth, has defined the natural order of the financial markets […]
The large German-based automotive group, Daimler AG, recently increased its stake in the iconic British luxury car manufacturer Aston Martin Lagonda to 20%. Today we take a look under the hood of the deal, investigating the background and motivation, and discerning what the two companies realistically are set to gain, […]
With ongoing pressures to keep economies moving during the coronavirus pandemic, policymakers are doing almost everything possible to continue to encourage spending; for example, offering zero interest rates and printing cash. The measures, with their inherent propensity for inflation, have caused many investors to return to gold as a safe […]
The first half of 2020 has seen a considerable drop in M&A activity with the total value of deals falling 53% below that of last year and the total volume down 32% — the lowest total value and volume since H1 2010 and H1 2013 respectively. This in itself is […]
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