Company social capital head of sofia which will take a 49 percent stake in the firm of Virgin Galactic says it already has 600. 00 reservations for flights which could begin as soon as this year. And for more on this lets go now to our financial correspondent in new york yen scored a yens this seems pretty unique in terms of listings so what kind of interest could Virgin Galactic generate. Well i mean if you want to invest into the vision of now you might get the chance because yes it is the 1st real Space Company going public it is by the way a pretty unusual way because theyre going to merge with another company that is already listed here on the New York Stock Exchange but with this merger automatically Virgin Galactic would become a listed company here on the floor the question is if you do believe the bank u. B. S. Actually predicts that the market for Space Tourism in about a decade could be worth a good 3000000000. 00 sold there seems to be market. Analysts make the comparison t
Company social capital had a sophia which will take a 49 percent stake in the firm of Virgin Galactic says it already has 600. 00 reservations for flights which could begin as soon as this year. And for more on this lets go now to our financial correspondent in new york yen scored a yens this seems pretty unique in terms of listings so what kind of interest could Virgin Galactic generate. Well i mean if you want to invest into the vision of now you might get the chance because yes it is the 1st real Space Company going public it is by the way a pretty unusual way because theyre going to merge with another company that is already listed on the New York Stock Exchange but with this merger automatically Virgin Galactic would become a listed company here on the floor the question is if you do believe the bank u. B. S. Actually predicts that the market for Space Tourism in about a decade could be worth a good. 1000000000. 00 sold there seems to be market. Analysts make the comparison to tes
As an astronaut he took part in the greatest adventure in history. Armstrong was his destiny starts july 20th on t. W. Because the commercial space race about to see its 1st public listing Virgin Galactic plans to sell shares by the end of the year so could it propel Richard Branson Space Tourism company to even greater heights. Also on the show france says it will tax plane tickets beginning next year and use the revenue to fund environmentally friendly transportation in the country. And the down sides of the east who are tracing european streets as Police Crackdown on the unruly and often drunk electric scooter riders. This is your deed of your Business Report im Stephen Beards in berlin thanks for joining us british billionaire Richard Branson says his Space Tourism business Virgin Galactic will go public by the end of the year it would be the 1st commercial spaceflight company to be listed which could help it compete with deep pocketed rivals blue origin and space x. The branches c
Friendly transportation in the country. And the downsides of the crazy thing european streets as Police Crackdown on the unruly and often drunk electric scooter riders. This is your deeds of your Business Report im stephen beards in berlin thanks for joining us british billionaire Richard Branson says his Space Tourism business Virgin Galactic will go public by the end of the year it would be the 1st commercial spaceflight company to be listed which could help it compete with deep pocketed rivals blue origin and space x. The branches company must 1st complete its merger with already listed Acquisition Company social capital had a sophia which will take a 49 percent stake in the firm of Virgin Galactic says it already has 600. 00 reservations for flights which could begin as soon as this year. And for more on this lets go now to our financial correspondent in new york yen scored a yens this seems pretty unique in terms of listings so what kind of interest could Virgin Galactic generate.
Firm has no intention of tlashing outtlash thrashing out a takeover deal. Theres nothing to negotiation. Unilever too sales rebound despite emerging markets. The ceo is planning on another year of growth. Overall results 2. 9 underlying growth. This is the 7th year in a row that we have top and bottom line growth. Strong internals as well. And welcome everyone to the show. A number of earnings out of switzerland to cover. First, Credit Suisse beat expectations in the Second Quarter with profit of over 1 billion swiss francs. Earnings continue to suggest weakness in the Investment Bank. Lets get more with carolyn froms urich. As you said numbers were better than expected but the credit doesnt go out to him. Hes only been on the job for a couple of weeks. Yes he might have been very well prepared for that job but were talking about the Second Quarter here and that credit obviously still goes out to the outgoing ceo and im a little surprised to see that the Second Quarter shaped up better