Category: News
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Insights from Camilla Hadcock, Director of Roach Bridge Tissues
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Roach Bridge Tissues, a wrapping paper printing and converting company, serves the retail and e-commerce point-of-sale markets with a diverse range of customers including designer apparel, footwear, cut glass, pottery, wine bottle wrapping, sheet metal interlining, optical lenses, packaging and home transportation. About 70% of the company’s sales are custom…
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Israel among top countries for investment in UK per capita
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A new report from the UK Department for Business and Trade reveals that Israel is among the top 10 countries in terms of per capita foreign direct investment projects in the UK in 2023-24, among European countries. Luxembourg, Ireland and Sweden top the European list of countries in terms of…
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Brazil and Nicaragua expel ambassadors in leftist run-in By Reuters
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Written by Lisandra Paraguaso BRASILIA (Reuters) – Brazil and Nicaragua expelled each other’s ambassadors on Thursday in a tit-for-tat move as relations between the two formerly allied leftist governments deteriorate. Brazilian President Luiz Inacio Lula da Silva has decided to expel Nicaragua’s ambassador to Brasilia after Daniel Ortega’s government ordered…
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Paramount reports first quarter of streaming profits, plans 15% layoff and takes $6 billion charge on cable business
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Paramount Global (PARA) on Thursday reported a profit in its streaming division for the first time while its linear TV business posted a sharper-than-expected slowdown as the company took a nearly $6 billion loss in the value of its cable business. In a conference call, the company also announced plans…
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Paramount reports first quarter of streaming profits, plans 15% layoff and takes $6 billion charge on cable business
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Paramount Global (PARA) on Thursday reported a profit in its streaming division for the first time while its linear TV business posted a sharper-than-expected slowdown as the company took a nearly $6 billion loss in the value of its cable business. In a conference call, the company also announced plans…
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News Corp FQ4 results beat expectations (NWSA)
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News CorporationNASDAQ: NWSA) Involved Up about 4% In after-hours trading, the company’s fiscal fourth-quarter results showed that the company beat Wall Street expectations by 1 cent and increased by 3 cents from the same quarter. Year-ago. Revenue for the quarter rose 6% to $2.58 billion, beating estimates by $80 million,…
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Inside Mbadi’s in-tray as he takes over at National Treasury
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As new Treasury Secretary John Mbadi took office hours after being sworn in at State House in Nairobi, focus has shifted to a series of promises he made during his vetting process. Among the pledges Mr Mbadi made when he confirmed his approval of the loan last Saturday were promises…
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UK salary growth slows, paving the way for potential interest rate cuts
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UK wage growth slowed last month while demand for workers remained flat, paving the way for further interest rate cuts by the Bank of England. Research from KPMG and the Recruitment and Employment Confederation (REC) reveals that the rate of pay growth for both permanent and part-time employees slowed in…
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IPG Demonstrates Leadership in Sustainable Packaging in 2023 Annual Sustainability Report
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This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on August 8, 2024 •…
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Ceva reports Q2 shipments up 25%
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Ceva, Inc. (Nasdq: CEVA), a chip designer, reported revenue of $28.4 million for the second quarter of 2024, compared to revenue of $22.9 million in the comparable quarter of 2023. Non-GAAP diluted earnings per share were $0.17. Royalty revenue was $11.2 million, up 19% year-over-year. Ceva shipped 461 million units,…
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Koru Medical Systems stock price target raised on strong results By Investing.com
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On Thursday, Piper Sandler revised its outlook on shares of Koro Medical Systems Inc. (NASDAQ:KRMD), raising its price target to $3.00 from $2.50 previously. The firm maintained a neutral rating on the stock. The adjustment came after Coro Medical reported second-quarter earnings, which highlighted a record quarterly revenue of $8.4…
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Warner Bros. Discovery tanks after massive impairment charge, Wall Street says ‘unlikely’ things can get worse
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Warner Bros. Discovery (WBD) shares fell about 12% in early trading Thursday after the company reported disappointing second-quarter earnings on Wednesday that missed expectations on both the top and bottom lines. The company took a massive $9.1 billion impairment charge related to its television networks unit following the loss of…
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4 stocks to watch on Thursday: LLY, HOOD and more
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Jet City Image U.S. stock index futures pointed to a solid higher open on Thursday, after the latest labor market data eased concerns about an economic slowdown. Here are some stocks to watch on Thursday: Eli Lilly (LLY) Stock Up 13% In pre-market trading, after the pharmaceutical giant announced Raised…
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3-in-4 Americans say democracy is on the ballot in November
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About 3 in 4 American adults believe the upcoming presidential election is vital to the future of American democracy, though which candidate they think poses the biggest threat depends on their political leanings, according to a new poll. Survey from Associated Press-NORC Center for Public Affairs Research The study finds…
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India should privatize PSU Banks to increase economic growth: Arvind Panagariya
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To make India a $52 trillion economy by 2047, it is important for experts to emphasize the need for key reforms needed to drive higher growth of Indian economy. Highlighting the significance of privatisation as well as public sector reforms at FICCI event recently, Chairman of 16th Finance Commission, Arvind…
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Investor to buy Sh500m stake in Transmara’s Angata Sugar Mills
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An investor is set to acquire a 40 percent stake in Angata Sugar, which is developing a milling plant at Moiwi in Trans Mara, Narok County, disclosures show. Sources familiar with the deal said Savannah Crest (KE) Limited will pay about Sh500 million for the stake in Angata Sugar, and…
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Ocado launches refillable packaging trial for everyday products
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Ocado is pioneering the experience of offering everyday items such as pasta, rice and washing up liquid in refillable packs, the first time an online supermarket has offered such an experience. The initiative will test a reusable container to store food and laundry products at no extra cost to customers.…
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Ocado launches refillable packaging trial for everyday products
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Ocado is pioneering the experience of offering everyday items such as pasta, rice and washing up liquid in refillable packs, the first time an online supermarket has offered such an experience. The initiative will test a reusable container to store food and laundry products at no extra cost to customers.…
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What the History-Making Elections of 2024 Could Mean for Energy
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Breadcrumbs Path Links PMN Business The new government in the UK, political deadlock in France, and dramatic confrontation in the US will have dire consequences for investment and the transition to clean fuels. Article author: Bloomberg News Bloomberg News Published on August 8, 2024 • Read for 5 minutes You…