Category: News

  • Rishi Sunak returns to alma mater with new Oxford and Stanford fellowships

    Rishi Sunak is set to begin the academic chapter of his career after securing two high-profile posts at Oxford and Stanford universities. The former prime minister announced that he will join the “World Leaders Circle” of the Blavatnik School of Government in Oxford, in addition to holding a visiting fellowship…

  • Barrick’s Twiga Partnership Drives Sustainable Value Creation in Tanzania’s Economy

    This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Jan 23, 2025  •  6 minute…

  • Energean signs $2b Dalia power plants gas deal

    Energean plc (LSE: ENOG; TASE: ENOG), led by CEO Mateus Rigas, announced this morning that it has signed a binding memorandum of understanding to supply 12 billion cubic meters of natural gas to Dalia Energy and Eshkol Energy. Plants. The duration of the agreement being finalized is approximately 18 years,…

  • EV maker VinFast’s losses heap pressure on parent Vingroup as foreign investors sell

    Written by Francesco Guarascio and Phuong Nguyen HANOI (Reuters) – Vietnam’s Vingroup faces renewed scrutiny over its strategy to support loss-making electric car maker VinFast, with its shares near multi-year lows as foreign investors sell off and borrowing costs rise. Pressure on the company, a household name in Vietnam with…

  • Meta soothes ad giants with ‘community notes’ after US fact-checking overhaul

    Meta, the parent company of Facebook, Instagram and WhatsApp, has sought to appease major advertisers following its decision to scrap third-party fact-checking in the US. Senior executives led by Nicola Mendelsohn, head of Meta’s global business, have held a series of meetings in recent days to address concerns about brand…

  • Hivello + AIxblock: Decentralized AI Meets Simplified Node Management

    This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on January 23, 2025 • 3 minute…

  • Ofra Strauss: New factory in north is our response

    “I hope that at the end of the year we will open the new factory that we have built over the past three years in Ahihud. After three years of construction, we have invested hundreds of millions of shekels in technologies and people, annually.” After building under the shadow of…

  • Halliburton’s Soft Revenue Lags Estimates, Goldman Sachs Analyst Seeks Clarity On 2025 Activities

    Soft Halliburton revenue estimates delayed, Goldman Sachs analyst seeks clarity on 2025 activities Halliburton Company (NYSE:HAL) stock is Trading lower on Wednesday. Goldman Sachs Analyst Neil Mehta reiterated his buy rating on the stock, With an expected price of $36. Halliburton reported its fourth-quarter revenue fell 2.3% year over year…

  • Reeves puts growth first in clash over net zero and Heathrow expansion

    Rachel Reeves, the Chancellor of the Exchequer, has indicated that economic growth must take precedence over net zero targets, creating a potential rift with Energy Secretary Ed Miliband and senior Labor figures who remain opposed to expanding the UK’s largest airports. Speaking at the World Economic Forum in Davos, Reeves…

  • China Tones It Down at Davos This Time Ahead of Trump Tariffs

    Breadcrumb links BMN Business In 2017, weeks after Donald Trump’s first presidential election victory, Xi Jinping became the first Chinese president to address the World Economic Forum in Davos, Switzerland, drawing applause as he criticized protectionism and declared that a trade war would hurt both sides. Article writer: Bloomberg News…

  • Greylock appoints Mor Chen as Israel partner

    US venture capital fund Greylock, which over the years has invested in Facebook, Instagram and Palo Alto Networks, returns to Israel with local representation after more than a decade. As Globes previously reported, the fund has appointed Mor Chen, an Israeli who previously invested as a partner in the British…

  • Seagate Technology Holdings PLC (STX) Stock Forecasts

    James Kelleher, CFA Research Director and Chief Technology Analyst Jim has worked in financial services for over 25 years and joined Argus in 1993. He is Argus’ Director of Research and a member of the Investment Policy Committee. Jim has been instrumental in building Argus’s evaluation models, which are a…

  • Record surge in long-term sickness claims baffles experts amid mounting benefits costs

    Britain’s high sickness bill has left policymakers and economists scratching their heads, with near-record numbers of workers absent for long-term health reasons costing the public purse more than £65.7bn a year. Some 2.8 million people are now claiming disability and disability benefits, well above pre-pandemic levels, and the House of…

  • Amazon closures a ‘slap in the face’ to Quebec workers, union says

    Breadcrumb links news More than 1,700 full-time employees will lose their jobs as the e-commerce giant closes all of its operations in the province, including its warehouses. Posted on January 22, 2025 • 3 minute read You can save this article by registering for free here. Or log in if…

  • Bank Leumi EVP: The north will rebound in 2025

    “There is no doubt that businesses and households in the North have been hit hard, but not fatal. The North will recover and return to prosperity, but the recovery process will be long,” said Bank Leumi Executive Vice President and Head of Banking Eyal Ben Haim. He said at the…

  • United Airlines Holdings, Inc. (UAL) Stock Forecasts

    john d. Staszak, CFA Securities Analyst: Consumer Discretionary and Consumer Goods John’s specialty at Argus includes gaming, lodging and restaurant groups within the consumer discretionary sector. John holds a master’s degree in business administration from the University of Texas and a bachelor’s degree in economics from the University of Pennsylvania.…

  • UK to review visa system to entice top AI and science talent, says Reeves

    Rachel Reeves has pledged a comprehensive review of the UK’s immigration framework, including potential new visa routes for highly skilled workers in artificial intelligence and life sciences, as part of a wider drive to stimulate economic growth. The Chancellor revealed that a formal report will be published later this year,…

  • Delta Airlines mulls resuming Israel flights before April

    The American airline Delta Air Lines is considering moving forward the date of resuming its flights to and from Israel, a source close to the matter told Globes. In the past, the airline has extended its flight cancellations until April 1, but the announcement of the return of major European…

  • Exclusive-OpenAI tells India court ChatGPT data removal will breach US legal obligations

    Written by Arpan Chaturvedi, Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) – OpenAI has told an Indian court that any order to remove the training data that powers its ChatGPT service would be inconsistent with its legal obligations in the United States, according to a recent filing seen by…

  • HMRC phone lines under fire as callers face 70-minute waits

    HMRC has come under renewed scrutiny after figures showed more than 44,000 callers were suddenly cut off while waiting last year, with some facing waiting times of up to 70 minutes. This revelation comes as millions of taxpayers prepare to file their returns before the end of the current tax…