Category: News

  • Tel Aviv light rail construction plagued by delays

    Major changes are underway deep inside Tel Aviv’s Ibn Gabirol Street. Tunnel boring machines have passed under the intersection with Nordau Street and reached what will become the Arlozorov station. The Green Line of the Tel Aviv Light Rail will extend from Rishon LeZion in the south via an underground…

  • Hanon Systems Develops World’s First 4th Generation Heat Pump System for Electric Vehicles By Investing.com

    Reduced package and enhanced performance: This is achieved through bundling.Components of coolers and refrigerants Improve driving rangeThe parallel heat source recovery method utilizes both the waste heat generated by the battery and external air heat sources. Slim HVAC Technology: Increases passenger legroom by reducing the size of the HVAC system…

  • Analysis-Slumping US tech stocks tempt some buyers to brave rocky market

    By Louis Krauskopf NEW YORK (Reuters) – Investors are cautiously moving back into U.S. technology stocks after a sharp decline, even as some high valuations threaten to punish dip buyers if markets tumble again. After a sharp rally this year, the tech-heavy Nasdaq 100 has fallen more than 13% from…

  • Siemens Non-GAAP EPS of €2.66, revenue of €18.9B; reaffirms FY24 outlook

    Siemens press release (OTCPK:SIEGY): Q3 non-GAAP EPS of €2.66. Revenue amounted to €18.9 billion (+4.2% year-on-year). Third-quarter revenue increased by 5% on a like-for-like basis. On a nominal basis, revenues rose 4% to €18.9 billion; orders fell 16% to €19.8 billion, but outpaced revenues by a book-to-bill ratio of €1.2…

  • Steve Mnuchin calls for a culling of the 20-year Treasury bond he reintroduced

    It only takes a quick glance at the US bond curve to realize that something is wrong. One US Treasury bond – the 20-year note – is out of step with the rest of the market. It is hovering at yields much higher than those of the bonds around it…

  • Crickets, flies and fortune – Business Daily

    After graduating with a degree in Food and Agriculture from HAS Green Academy in the Netherlands, Talash Huijpers returned to Kenya on a fish farming mission. “But I realized that we couldn’t produce enough fish because of the high cost of feed. The most expensive part of feed is protein,…

  • NHS IT firm faces £6m fine over medical records hack

    A software provider is facing a potential £6m fine following a 2022 ransomware attack that disrupted NHS and social care services across England. The Information Commissioner’s Office (ICO) has provisionally concluded that Advanced Computer Software Group did not implement adequate measures to protect the personal data of 82,946 people affected…

  • Wilmington Announces Voting Results from Special Meeting of Shareholders

    Article Content CALGARY, Alberta, Aug. 7, 2024 (GLOBE NEWSWIRE) — Wilmington Capital Management Inc. (TSX: WCM.A, WCM.B) (“Wilmington” or the “Company”) today announced the positive vote of Wilmington shareholders (“Shareholders”) at this morning’s special meeting of shareholders (“Special Meeting”) held in person, to approve the previously announced transaction resolution. 8,341,129…

  • Israel’s forex reserves rise sharply

    Israel’s foreign exchange reserves rose from $204.665 billion to $213.634 billion over the past 12 months, slightly below the record foreign exchange reserves of $213.731 billion in March 2024. The Bank of Israel reported that Israel’s foreign exchange reserves at the end of July 2024 amounted to $213.634 billion, an…

  • Election and rate cut points to UK home sales pickup, RICS says By Reuters

    LONDON (Reuters) – Britain’s housing market looks set for a sales recovery in the coming months after the Bank of England cut interest rates and the new government shifted its focus to the sector, a survey showed on Thursday. The Royal Institution of Chartered Surveyors said its gauge of expected…

  • Dow jumps 285 points as traders try to extend comeback from big sell-off

    Lucky Photographer/Shutterstock U.S. stocks rose on Wednesday as traders tried to extend a rally that began on Tuesday following a recent sell-off. The Bank of Japan indicated that it will pause interest rate hikes in the near term, boosting investor sentiment. Major stock indices, with the Dow Jones up about…

  • A guide to a nurse’s salary: Broken down by all 50 states and industry type

    During and after the pandemic, nursing has received increased attention. While the world agrees that nurses deserve to be well-paid and respected, severe burnout persists in the field—partly contributing to a shortage of nurses in many societies. For those who are eager to enter the challenging and rewarding field of…

  • Labour told growth plan will fail without £50bn investment

    The Labour government has no chance of meeting its target of 2.5 per cent economic growth without increasing annual investment by £50bn, an independent think tank has said. The warning, issued by the National Institute of Economic and Social Research, comes as another group of researchers said Rachel Reeves would…

  • Andrew Peller Limited Announces Second Quarter Fiscal 2025 Dividend

    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: Posted on August 07, 2024 •…

  • Payoneer acquires Singapore payroll co Skuad

    Israeli fintech company Payoneer Global (Nasdaq: PAYO) has announced the acquisition of Singapore-based global workforce management and payroll company Skuad. Payoneer says the acquisition accelerates its strategy to offer a comprehensive and integrated suite of financial services to small and medium-sized businesses operating internationally. Payoneer will pay $61 million in…

  • Glencore to keep coal assets and stick with London listing By Reuters

    By Felix Ngeni and Pratima Desai JOHANNESBURG/LONDON (Reuters) – Glencore will retain its coal business after securing support from a majority of its investors who see lucrative returns from the fossil fuel, its chief executive said on Wednesday, adding that the company could acquire more coal assets to make steel.…

  • Glencore to keep coal assets and stick with London listing By Reuters

    By Felix Ngeni and Pratima Desai JOHANNESBURG/LONDON (Reuters) – Glencore will retain its coal business after securing support from a majority of its investors who see lucrative returns from the fossil fuel, its chief executive said on Wednesday, adding that the company could acquire more coal assets to make steel.…

  • Nvidia, chip stocks rebound as Piper Sandler calls out ‘tremendous opportunity’ after sell-off

    Nvidia (NVDA) stock rose slightly on Wednesday amid broader gains in chip stocks after Piper Sandler analysts told investors there was a “huge opportunity” to buy the chip giant’s shares after they fell more than 25% from recent highs. “Fundamentally, NVDA remains the strongest player in AI acceleration,” wrote Harsh…

  • Options traders could be underpricing the odds of a further correction – Piper Sandler

    5./15 West Analysts at Piper Sandler said they remain net sellers of financial assets amid the prospect of an emergency rate cut by the Federal Reserve between meetings. “The subsequent (economic) data or ongoing financial risks do not point to any improvement in the global economy,” Benson Durham, head of…

  • AI-obsessed company leaders can’t ignore cybersecurity, says Palo Alto’s CEO

    On this episode of Fortune’s Leadership Next podcast, Diane Brady talks to Nikesh Arora, chairman and CEO of Palo Alto Networks. They discuss Arora’s path to heading up one of the world’s best-known cybersecurity firms; how his childhood in a military family shaped him; and what he learned from working with the founders…