Turkey sharply cut its growth forecasts for this year and next on Thursday, but disappointed investors who had hoped for deeper reductions that reflected the fragile state of the economy and a plan to help banks. Sonia Legg reports.
BHP Group said it made an offer to buy London-listed miner Anglo American, valuing its share capital at 31.1 billion pounds ($38.84 billion), a deal that would create the world's biggest copper miner with around 10% of global output. BHP, the world's largest listed miner, will offer Anglo American shareholders 25.08 pounds per share, including 4.86 pounds apiece in Anglo Platinum shares and 3.40 apiece in Kumba shares, it said in a statement on Thursday. Anglo American earlier in the day said it had received an unsolicited, non-binding and highly conditional combination proposal from BHP, which it was currently reviewing.
Blue Tower Asset Management, an asset management company, released its first quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund returned 13.78% net in the first quarter exceeding the broad market index’s gain so far this year. In addition, please check the fund’s top five holdings to know its […]
The Wests Tigers have their man.
Staying abroad does not relieve citizens of duties to homeland, says foreign minister
Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron phosphate (LFP) battery with a driving range of more than 1,000 kilometres (621 miles) on a single charge. The Shenxing Plus is the world's first LFP battery boasting such a range, Chief Technology Officer Gao Huan of CATL's e-car division said on the first media day of the Beijing auto show.
Sainsbury today hailed its focus on food under CEO Simon Roberts and said it is taking market share from rivals including Aldi and Lidl at the cheaper end of the market and Waitrose at the top. In a swipe at the German discount giants, it dubbed them “limited choice grocers” and said it was winning back customers from both Aldi and Lidl thanks to price matching promises.
Q1-24 Revenue of € 146.3 Million and Net Income of € 34.0 MillionRevenue Exceeds Midpoint of Guidance and Gross Margin above Guidance DUIVEN, the Netherlands, April 25, 2024 (GLOBE NEWSWIRE) -- BE Semiconductor Industries N.V. (the “Company" or "Besi") (Euronext Amsterdam: BESI; OTC markets: BESIY), a leading manufacturer of assembly equipment for the semiconductor industry, today announced its results for the first quarter ended March 31, 2024. Key Highlights Revenue of € 146.3 million, above m
A third man has been detained in a bribery investigation centring on Deputy Russian Defence Minister Timur Ivanov, the Moscow court service said on Thursday. It said Alexander Fomin, the co-founder of a construction company called Olimpsitistroy, was suspected of paying bribes to Ivanov, who was detained on Tuesday, and Sergei Borodin, a close associate of Ivanov who is also in custody. The scandal is the biggest in years to hit the defence ministry, and is seen as a severe blow to Defence Minister Sergei Shoigu.
The life sciences market size was valued at USD 6.4 Billion in 2023 and is expected to reach a market size of USD 9.6 Billion by 2032 at a CAGR of 4.5%.Fort Collins, Colorado, April 25, 2024 (GLOBE NEWSWIRE) -- Rapid technological advancements in the healthcare industry drive the industry growth. The life sciences industry is undergoing profound transformations propelled by rapid technological advancements and the growing digitization of healthcare. The amalgamation of artificial intelligence (A
Investors can access and view today's presentation materials by following this link: https://www.virtualwareco.com/wp-content/uploads/2024/04/2024_04_25_Investor_call.pdf ABOUT VIRTUALWAREHeadquartered in Bilbao, Spain, Virtualware is a global pioneer in developing virtual reality solutions for large industrial, educational, and healthcare conglomerates. Since its founding in 2004, the company has been widely recognized for its achievements.In 2021, Virtualware was recognized as the world's most
Anglo American confirmed last night that it is considering an all-share offer by BHP but did not disclose the price on the table from its Sydney-based rival. It did reveal, however, that the proposal is first dependent on it completing separate demergers of its South Africa-listed platinum and iron ore operations to Anglo shareholders. “The premium offered by overseas buyers swooping on London-listed firms is seen as evidence that UK assets are still cheap, having been languishing as a result of the Brexit-effect and the sluggish performance of the UK economy.”
Thunder rookie Chet Holmgren won his center matchup with Jonas Valanciunas and helped Oklahoma City beat the New Orleans Pelicans 124-92 in Game 2 of their first-round playoff series Wednesday night. Holmgren had 26 points and seven rebounds as the Thunder took a 2-0 lead. Holmgren, listed as 7-foot-1 and a slender 208 pounds, is the new-age center who shoots 3-pointers and can defend any position.
The agenda is not known but it follows speculation about the future of the power-sharing deal with the Greens.
A Chinese state-backed company on Thursday unveiled a brain chip similar to the technology developed by Elon Musk's startup Neuralink. The company, Beijing Xinzhida Neurotechnology, developed a brain-computer interface (BCI) implant, called Neucyber, that has been tested on a monkey, allowing it control a robotic arm with only its thoughts, according to the state-run Xinhua news agency, which added that the technology was "independently developed" and China's first "high-performance invasive BCI". The controlling shareholder of Xinzhida Neurotechnology is the Beijing municipal government's state asset regulator, according to corporate database Qichacha.
The blades of the world-famous Moulin Rouge in Paris have collapsed overnight. The sails of the landmark red windmill on top of France’ most famous cabaret club fell to the ground in the early hours of Thursday, a venue spokesperson said. Paris firefighters confirmed on Thursday that the collapse on the busy Boulevard de Clichy did not cause any injuries.
Professor Sir John Curtice believes if the Conservatives went for a snap summer poll they would suffer the same fate as Harold Wilson in 1970
(Bloomberg) -- South Korea is developing a platform to monitor short-selling that can help identify illegal transactions, though it appears unlikely it will be put into use before the nation’s ban on the trading practice expires in June.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTaylor Swift Is Proof That How We Critique Music Is BrokenMalaysia in Talks With Tycoons on Casino to
LONDON, April 25, 2024--TNS expands US strategy of full-stack market data management to EMEA and brings on key hire Ben Myers to lead Strategic Sales in region
Meriaura Group Plc Company announcement, Inside information 25 April 2024 at 8.30 (CEST) Inside information: Meriaura Group's board has conditionally decided to sell Meriaura's minority ownership to Meriaura Invest to rearrange the group's financing To rearrange the group's overall financing situation, the board of Meriaura Group Plc has made a conditional decision to sell Meriaura Ltd's minority stake to Meriaura Invest Ltd. This would settle Meriaura Invest's EUR 4.4 million loan receivable fr
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTaylor Swift Is Proof That How We Critique Music Is BrokenMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBHP Makes Takeover Approach For Rival Miner Anglo Am
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