1. Elon Musk’s SpaceX acquired two offshore oil rigs near Texas for $7m. Musk plans to transform them into what?
- a. SpaceX HQ
- b. Rental homes
- c. Launchpads for SpaceX’s Mars mission
- d. For his wife to keep her cars on
2. Which video game and electronics retailer was involved in a trading battle between individual investors and hedge fund managers?
3. A geologist found a rock formation in the shape of a beloved Sesame Street character this week, and is now receiving bids of $10,000 for the unique geode. Which character was it?
4. Napoleon Bonaparte’s written account of his victory in the Battle of Austerlitz, widely regarded as his finest victory, is going on sale in Paris for €1m as part of the Brussels Art Fair. But when was the Battle of Austerlitz?
5. The average downpayment for a first home has set buyers back an extra £10,000, jumping 23% to £57,278 from 2019. In London, the average deposit stands at £130,357. The average first-time buyer’s age also changed from 30 a decade ago to what age now?
6. Online fashion retailer Boohoo Group is set to buy Debenhams for £55m. Rival ASOS is in talks to acquire which Arcadia-owned high-street retailer that fell into administration?
7. Which Chinese internet company’s market capitlisation crept higher to $1trn this week?
8. Despite strong sales growth, which British supermarket fell £25m into the red after it acquired 51 new shops, opened a new distribution centre and expanded 13 sites for £654m?
9. Samantha Cameron, former prime minister David Cameron’s wife, attributed her fashion brand’s trading “teething issues” to what?
10. The sovereign wealth fund of which country made gains of £90bn during 2020, taking its total value to £932bn?
Answers
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