The ADR of Australian Bank Westpac ADR used to trade on the NYSE under the ticker WBK. Westpac voluntarily delisted its ADRs from the NYSE effective January 31, 2022. Hence the last day WBK traded on the NYSE was Friday, Jan 28, 2022. Below is the delisting announcement from the bank’s site: 10 January 2022 WESTPAC …
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Biotech stocks are not performing well at least so far this year. In the past two years or so the sector was hot due to a variety of factors including discovery of vaccines for Covid-19, M&A, investors’ interest, etc. However none of that seems to be in favor of biotechs now. The following charts of …
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Most countries of the world have a Value-Added Tax (VAT) that is levied on goods and services. The VAT is a consumption tax and varies widely among the member nations of the EU and the UK. The highest VAT rates for 2022 are in Hungary which charges 27 percent and Croatia, Denmark and Sweden where …
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I came across the following cool infographic on European space industry. As with so many other industries Europe ranks second only to the US in the space industry also. Similar to NASA, the European Union(EU) runs its space program via The European Space Agency (ESA). Click to enlarge Source: Council of the EU and the European …
The Fed has planned to raise interest rates this year. The forecast is rates will increase at least three times in the year. In anticipation of rising rates and a multitude of other factors including valuation concerns in certain sectors, US equity markets have turned very volatile this year. With interest rates bound to go …
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