Piaggio won a legal case against a Chinese copycat design | ASX Market Update

  • May 26, 2020 AEST
  • Team Kalkine

APN Convenience Retail has paid $10.2 million for two Coles Express petrol stations in regional Australia. The sites in Gatton in Queensland and Inverell in NSW will join the listed REIT's properties. The properties are leased to Coles and were built in the past five years. The entity that sold them to APN has not been named.

Piaggio, the Italian company that makes the world-famous Vespa scooter, says it has won a legal case against a Chinese copycat design. "A design registered by a Chinese party has been declared invalid by the invalidity division of the European Union Intellectual Property Office (EUIPO)," Piaggio said in a statement.

Rating agency Fitch has downgraded its outlook for Macquarie Bank to negative from stable, saying its earnings will come under pressure from the coronavirus-related economic downturn. Fitch expects the bank's business customers to have trouble repaying loans amid weak conditions from the coronavirus pandemic.

#Fitch #APN #Piaggio

 


Disclaimer
The video has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above video is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK