Morning Brief: Top Stories Dominating Financial Media on Friday, March 18



Maserati Plans Electric Range Of All Models By 2025

  • Stellantis NV (NYSE: STLA) owned luxury brand Maserati said it plans to offer electric versions of its lineup by 2025.
  • Maserati will start with GranTurismo EV featuring more than 1,200 horsepower in 2023.
  • Maserati will follow suit with an all-electric Grecale midsize SUV and a Grancabrio GT car.

Nickel Hits Limit Down Again On London Metal Exchange, Falls 12%

  • The benchmark three-month nickel contract fell 12% on Friday morning to hit a new trading limit as heavy selling continued on international metal markets.
  • The price hit $36,915 a metric ton as it opened for trade, stated Refinitiv data.
  • The LME installed a trading range of 5%, which was widened to 8% for Thursday and 12% for Friday.


Porsche AG Sets High Bar For Electric Vehicles

  • Volkswagen AG (OTC: VWAGY) owned luxury sports car maker Porsche AG has set forth an upbeat target for its electric vehicles.
  • Porsche said it expects more than 80% of newly sold Porsche vehicles to be fully electric in 2030.

Vodafone Receives Takeover Bids For Vantage Towers

  • Global infrastructure funds approached Vodafone Group PLC (NASDAQ: VOD) to invest in its $16 billion mast company Vantage Towers AG (OTC: VTAGY).
  • The bidders, including investment firms Brookfield and Global Infrastructure Partners, submitted proposals valuing Vantage Towers at a premium to its current valuation of €15 billion ($16.57 billion).

Stock Indexes Little Changed Amid War, Inflation, Oil Prices; Yield Inversion Looms

  • Global stocks clenched to their gains for the week on Friday, but rising interest rates, high oil prices, and the Russia-Ukraine kept the rebound at bay as yields sent a warning signal for the economy.
  • The MSCI world stock …

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