Category: News

  • Nick Clegg quits Meta after selling nearly $19m in shares

    Nick Clegg, the former British deputy prime minister, has resigned from his position as head of global affairs and communications at Meta, after selling nearly $19 million (£15 million) of shares in the tech giant during his six-year tenure. Clegg, 57, still holds nearly 39,000 shares of Meta stock, worth…

  • Here Are the Biggest Asian Listings to Watch Out for in 2025

    Breadcrumb links PMN works Dealmakers are eyeing a rebound in IPOs in Asia in 2025, as the pipeline in India remains strong and the recovery in Hong Kong takes hold. Article writer: Bloomberg News Dave Sebastian Published on January 5, 2025 • 3 minutes read You can save this article…

  • Here Are the Biggest Asian Listings to Watch Out for in 2025

    Breadcrumb links PMN works Dealmakers are eyeing a rebound in IPOs in Asia in 2025, as the pipeline in India remains strong and the recovery in Hong Kong takes hold. Article writer: Bloomberg News Dave Sebastian Published on January 5, 2025 • 3 minutes read You can save this article…

  • This Artificial Intelligence (AI) Company Gained $2 Trillion in Value Last Year, and Wall Street Thinks It Could Be Headed Much Higher in 2025

    Last year was another great year for technology stocks in particular. Artificial intelligence (AI)-driven tailwinds have helped drive progress Standard & Poor’s 500 increased by 23%, while Nasdaq Composite He received an impressive 29%. the “The Magnificent Seven“Stocks have been among the market’s biggest gainers this year, and perhaps none…

  • Why forcing a return to the office is a step backwards for business

    It wasn’t that long ago that you had the option of working from your lounge in your slippers like a futuristic dream approaching utopia. And yet, here we are now on the cusp of a full-fledged revolution at a distance, as I watch a line of business leaders frantically retreat…

  • Austrian Far-Right’s Kickl Has Foot in the Door to Lead Nation

    Breadcrumb links PMN works More than three months after winning the largest number of seats in the federal election, far-right leader Herbert Kickl is on track to become the first Austrian chancellor for the Freedom Party in alliance with the conservative People’s Party. Article writer: Bloomberg News Marton Eder and…

  • Greece close to buying Elbit rocket launchers – report

    Greece is close to purchasing 40 PULS multiple rocket launchers from Elbit Systems, in a deal worth between 500 and 700 million euros, according to the website of the Greek newspaper Kathimerini. The purchase aims to deter Türkiye in the Evros region bordering Turkey and on islands in the Aegean…

  • China two-year yield eyes fall below 1.00%

    Written by Jamie MacGyver (Reuters) – A look at the day ahead in Asian markets. The first full trading week of 2025 kicks off in Asia on Monday with a sharp decline in Chinese currency and bond yields, an increasingly tense and volatile political situation in South Korea, and a…

  • Tide gears up for new share sale as it eyes global growth

    Tide, the fast-growing SME-focused banking platform, is set to sell more than £50 million worth of new shares as it expands its presence in the UK and beyond. The company is understood to be in discussions with investment banks, including Morgan Stanley, about overseeing its initial fundraising in the coming…

  • Gov’t threat ends Ashdod Port strike within hours

    The strike at the port of Ashdod, which began this morning, ended within hours. The Histadrut (the General Federation of Labor in Israel) announced labor sanctions for including temporary workers in shifts instead of permanent employees, which it said constituted a violation of agreements with employees. For its part, the…

  • Warren Buffett dumped stocks, built a $300 billion cash pile, and updated his death plan in 2024. Here are his 6 highlights.

    Warren Buffett is the CEO of Berkshire Hathaway.Reuters/Rick Wilking Warren Buffett praised Charlie Munger and trimmed his bets on Apple and Bank of America in 2024. Berkshire Hathaway has reached a $1 trillion market cap and its cash pile has swelled to more than $300 billion. Buffett has donated about…

  • HMRC calls on businesses to come clean about accidental R&D tax overclaims

    HM Revenue & Customs (HMRC) has introduced a new disclosure service for companies that inadvertently overstated research and development (R&D) tax relief and failed to amend their returns. The move underscores the Government’s intensified crackdown on abuse of the scheme, which is said to have cost the Treasury more than…

  • Higher Social Security payments coming for millions of people from bill that Biden is signing

    Breadcrumb links PMN PMN works Article writer: Associated Press Fatima Hussein Published on January 5, 2025 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content WASHINGTON (AP) — President Joe Biden on Sunday plans to…

  • Biden gov’t plans $8b military aid package for Israel

    The administration of US President Joe Biden has informed Congress that it intends to approve an $8 billion military aid package for Israel, Reuters reported yesterday. An aid package of this size requires approval by the House of Representatives and the Senate. It will include air-to-ground munitions and artillery shells.…

  • 3 problems for the stock price of Nvidia rival AMD

    This is the takeaway from today’s morning briefing, and what you can do subscription Received in your inbox every morning with: In the past ten years of my life, some things have been constant. First, I can’t seem to drink enough water to support my insanely hard workouts. Second, Nvidia…

  • UK faces net zero crisis unless full hybrids are banned by 2030, warns motoring body

    Britain must stick to its plan to stop selling all-new plug-in hybrid cars from 2030 or risk a “catastrophic mistake” that undermines its net zero ambitions, the Electric Vehicles UK (EVUK) group has warned. The Department for Transport (DfT) will ban the sale of petrol and diesel cars completely from…

  • Starmer’s Travels Outstrip Past UK Leaders, Posing Ratings Risk

    Breadcrumb links PMN works UK Prime Minister Keir Starmer traveled abroad on official business during his first six months in power more than any of his immediate predecessors, risking the perception that he is more interested in foreign affairs than in addressing domestic policy issues. Article writer: Bloomberg News Isabella…

  • Strike shuts Ashdod Port – Globes

    This morning, the Ashdod Port Workers Committee affiliated with the Histadrut (General Labor Union in Israel) announced “organizational measures” that the port administration described as a “random strike.” The committee says that the reason for the strike is to give preference to temporary workers in working shifts at the expense…

  • A Guide to Different Types and Styles

    Hats have always been more than just practical headwear; They are an expression of personality, style and culture. Custom hats take this personal expression even further by giving the wearer something truly original – from custom 5-panel hats for casual occasions to stylish trucker hats for outdoor adventures; There are…