Yahoo Finance Kellogg Plans a Separation of Its Cereal Business. Is the Move Right on Time for Investors?
Kellogg is parting ways with its legacy U.S. cereal business at an opportune time, at least for the company.
Kellogg is parting ways with its legacy U.S. cereal business at an opportune time, at least for the company.
Syrian state media said Tuesday that the Israeli military carried out airstrikes in a strategic eastern province wounding two soldiers and causing material damage. There was no comment from Israel on the reported strikes. Syria’s state news agency, SANA, quoted an unnamed military official as saying the airstrikes late Monday targeted military positions in Deir el-Zour.
SHENZHEN, China, October 03, 2023--In September, Minsight, a subsidiary of MINIEYE, announced the successful completion of nearly $10 million in angel investment financing, with Fortune-Light Venture as the investor. The funds from this round will be utilized for the research and development of intelligent cockpit products and the expansion of mass production capabilities.
(Bloomberg) -- Asia’s last currency standing against the dollar this year has fallen, with the rupiah joining regional peers to erase gains against the strengthening greenback.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.JPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation Thanks to AI Severe Crash Is Coming for US Office Properties, Survey SaysBig Tech Spared as Bond Selloff Rattles Stocks
STORY: Evergrande stock resumed trading on Tuesday (October 3) - and it’s been a wild ride for investors. Shares in the embattled Chinese developer surged up to 42% from the open, but soon gave up much up of those gains. Trading had been halted last Thursday (September 28), after a report that the Evergrande chairman had been placed under police watch. The company later said that Hui Ka Yan was being investigated over unspecified crimes. Once the top-selling Chinese developer, Evergrande has been embroiled in a mounting debt crisis. Its problems deepened last week, when it said its main domestic unit was unable to issue new debt due to a probe by regulators. That has complicated a plan to secure creditor support for restructuring. And the clock is ticking. Last week Reuters reported that a major offshore creditor group could support liquidation of the company if it doesn’t file a new debt plan this month. Amid the turmoil, Beijing has taken steps to support the sector, with real estate making up about a quarter of China’s economy. But investors around the world are watching closely, concerned over what might happen if the world’s most indebted developer goes under.
(Bloomberg) -- Oil fell for a fourth day as macroeconomic concerns overshadowed physical market tightness to cloud the demand outlook.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.JPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation Thanks to AI Severe Crash Is Coming for US Office Properties, Survey SaysBig Tech Spared as Bond Selloff Rattles Stocks: Markets WrapWest Texas Intermediate trad
Key Insights Marco Polo Marine's significant retail investors ownership suggests that the key decisions are influenced...
STORY: Before making remarks on stage, Blair commanded her service dog to sit and stay, prompting Biden to humorously chime in with the words, "Me too," and pretending to sit, which elicited laughter from the audience.Blair's subsequent comment, "I feel so powerful all of a sudden," captured the essence of the moment, highlighting the resilience and strength of individuals with disabilities, and the importance of inclusivity celebrated through the ADA.
(Bloomberg) -- Japan’s government approved as much as ¥192 billion ($1.3 billion) in subsidies for Micron Technology Inc.’s Hiroshima factory, part of Tokyo’s efforts to bolster next-generation chip production at home.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.JPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation Thanks to AI Severe Crash Is Coming for US Office Properties, Survey SaysBig
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
(Bloomberg) -- Australia’s central bank kept its key interest rate unchanged while retaining a tightening bias on Tuesday as new Governor Michele Bullock gauges the impact of 4 percentage points of hikes.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.JPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation Thanks to AI Severe Crash Is Coming for US Office Properties, Survey SaysBig Tech Spared as
A Layer1 for Real-world Adoption A Layer1 for Real-world Adoption SINGAPORE, Oct. 03, 2023 (GLOBE NEWSWIRE) -- HeLa Labs, a hi-tech company, today announces the official launch of a next-generation layer one blockchain network with privacy-preserving and consensus protocols for real-world adoption. Kerching Choo, Co-founder of HeLa Labs, commented: “Our aim is to bring real-world adoption benefits to all industries, empowering them to leverage the power of our layer one blockchain.” The launch o
It is hard to get excited after looking at Uchi Technologies Berhad's (KLSE:UCHITEC) recent performance, when its stock...
Adriana scored in the first half and the Orlando Pride held on for a 1-0 victory over Angel City on Monday night in the National Women's Soccer League. With Orlando's victory, the Kansas City Current were eliminated from playoff contention. The loss snapped an 11-game unbeaten streak for Angel City (6-7-7).
Pope Francis on Wednesday is opening a global gathering of bishops and laypeople to discuss the future of the Catholic Church, including some hot-button issues that have previously been considered off-limits for discussion. For the first time, women and laypeople can vote on specific proposals alongside bishops, a radical change that is evidence of Francis’ belief that the church is more about its flock than its shepherds. Here is some background on the Oct. 4-29 Synod of Bishops, which will be followed by a second session this time next year.
Saying that journalism isn't showing enough urgency in covering climate change, the editor of the Columbia Journalism Review is leaving his job to devote his time to try and change that. Kyle Pope, who has been editor and publisher of the magazine and website for journalists since 2016, said Tuesday that he is leaving to join Covering Climate Now, an organization he helped launch with Mark Hertsgaard, environment correspondent for The Nation. Covering Climate Now works with newsrooms to prioritize coverage and train reporters, and is trying to convince more meteorologists to make the connection between climate change and their weather reports.
Shares of debt-laden property developer China Evergrande Group soared Tuesday after they resumed trading in Hong Kong following a suspension last week. Evergrande is the world’s most heavily indebted real estate developer and is at the center of a property market crisis that is dragging on China’s economic growth. The company’s stock was suspended from trading last week as it confirmed Chinese police were investigating its chairman, Hui Ka Yan, on “suspicion of illegal crimes.”
Kristy and Brett from The Block have claimed Eliza is 'trying to get a radio deal' after she slated their behaviour on the show. Read more.
Sam's Club is rolling out its fall deals in October. Here are four you're not going to want to miss.
(Bloomberg) -- Asian stocks declined along with sovereign bonds after hawkish signaling from the Federal Reserve stirred concerns the US central bank would continue to raise interest rates.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.JPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation Thanks to AI Severe Crash Is Coming for US Office Properties, Survey SaysBig Tech Spared as Bond Selloff R
A man is scheduled to die by lethal injection over 25 years after he killed women het met in north Florida bars during a dayslong spate of crimes. Michael Zack III is set to die at 6 p.m. Tuesday for the murder of Ravonne Smith, a bar employee he befriended and later beat and stabbed with an oyster knife in June 1996. Zack's nine-day crime run began in Tallahassee, where he was a regular at a bar.