Category: News
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Farnborough Airshow explodes with £39.3bn in deals on opening day
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The Farnborough International Airshow kicked off with a bang today, with a staggering £39.3 billion ($51 billion) worth of deals announced on its opening day. This impressive figure underlines the event’s status as the pinnacle of the global aviation industry and highlights the resilience and innovation of the UK aviation…
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Is the Eth ETF launch a “sell the news” scenario?
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Spot Ethereum ETFs are set to launch on July 23, following a rule change passed by the Securities and Exchange Commission more than two months ago. according to a report According to Kaiko, the initial inflows into exchange-traded funds (ETFs) are likely to impact the price of Ethereum (ETH). However,…
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Is the Eth ETF launch a “sell the news” scenario?
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Spot Ethereum ETFs are set to launch on July 23, following a rule change passed by the Securities and Exchange Commission more than two months ago. according to a report According to Kaiko, the initial inflows into exchange-traded funds (ETFs) are likely to impact the price of Ethereum (ETH). However,…
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GURU Organic Energy Welcomes Three New Board Members
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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 Jul 22, 2024 • 6 minute…
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Discount Investment sells control of Elron Ventures
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Israeli holding company Discount Investment Company Limited (level:completelyThe Tel Aviv Stock Exchange (TASE) has notified that it has signed an agreement to sell its 59.1% stake in its technology investment arm Elron Projects (TASE: ELRN) for $53.2 million. The sale was to a relatively unknown family office called Ariel EL…
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Biden dropping out presents ‘another curveball’ for stocks
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President Biden announced Sunday that he will not seek re-election in November, increasing uncertainty about who will take over the White House in 2025. Stocks appeared to shrug off election concerns, with the S&P 500 rising more than 1% on Monday. Investors also gained clarity on the state of the…
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Earnings growth expectations ‘too aggressive’ for Q2 – JPM (S&P Complete Indices:SP500)
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Microstock Hub Analysts at JPMorgan said the consensus earnings forecast was too aggressive. With more than 60% of the market capitalization of the S&P 500 and STOXX 600 set to report in the next two weeks, earnings growth momentum is The global economy is expected to rebound, but the outlook…
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Elon Musk and Vinod Khosla spar about Trump after Biden drops out
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The battle for Silicon Valley’s political soul — and donations — is back in full swing after President Joe Biden announced Sunday that he is dropping out of the 2024 presidential race. It didn’t take long for the world to hear about his withdrawal from the 2024 presidential race. Richer…
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EAC, Comesa, Sadc merger into seamless market begins Thursday
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At least 14 countries will begin trading freely within East, Central and Southern Africa from Thursday, July 25, after ratifying the Tripartite Free Trade Area (TFTA) agreement that unites the East African Community (EAC), the Southern African Development Community (SADC) and the Common Market for Eastern and Southern Africa (COMESA)…
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The King’s Speech – What is next for employment law?
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In the King’s Speech on 17 July 2024, the new Labour government set out its legislative agenda for the next few months. Labour law reform was a key plank of Labour’s election campaign, so it is no surprise that it was mentioned in the King’s Speech: “My government is committed…
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RED Mountain Resort in Rossland, BC Announces Major Expansion with New Summer Bike Park Project
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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 July 22, 2024 •…
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Chip equipment cos Nova, Camtek slip from peak
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Until two weeks ago, Israeli chip testing companies were Kamtech (NASDAQ: CAMT, TSE: CAMT) and Nova Co., Ltd. (NASDAQ:My soul; level:My soul) have been shining on Wall Street since the start of 2024, each rising just over 100% to record highs, also helping lift the Tel Aviv 35 Index this…
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Citi maintains buy on Micron stock, eyes Samsung move By Investing.com
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On Monday, Citi reiterated its buy rating on Micron Technology (NASDAQ:) with a $175.00 price target. The firm expressed concerns that the stock could face short-term pressure. The focal point of these concerns is the expectation that Samsung (KS:) will qualify for its high rating. Bandwidth (NASDAQ:) Memory (HBM) with…
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3 No-Brainer Artificial Intelligence (AI) Stocks to Buy With $200 Right Now
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Artificial intelligence has been the driving force behind the current development. bull market Strong demand for AI hardware, software, development tools, and services has led to a significant increase in revenue and profits for many prominent technology companies. But the trend may have only just begun. Generative Artificial Intelligence Spending…
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Hibbett shareholders approve the sale to JD Sports
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Skynisher Hibit (NASDAQ: HIBB) confirmed on Monday that shareholders have approved the merger deal with JD Sports Fashion (OTCPK: JDSPY). The UK sportswear retailer has proposed to buy all outstanding shares of Birmingham, Alabama-based Hibbett (HIBB) for $87.50 per share in cash, representing a 21% premium. To the US company’s…
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Hibbett shareholders approve the sale to JD Sports
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Skynisher Hibit (NASDAQ: HIBB) confirmed on Monday that shareholders have approved the merger deal with JD Sports Fashion (OTCPK: JDSPY). The UK sportswear retailer has proposed to buy all outstanding shares of Birmingham, Alabama-based Hibbett (HIBB) for $87.50 per share in cash, representing a 21% premium. To the US company’s…
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Sovereign investors see geopolitics, not inflation, as biggest worry
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According to a report by Forbes, geopolitical factors and election uncertainty are the biggest concern for sovereign wealth managers. reconnaissance From investment firm Invesco, published Monday. More than 80% of managers said geopolitical tensions are the biggest short-term risk, and fragmentation and protectionism are the biggest long-term risk, according to…
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Mystery of Sh180m Nzoia Sugar goods ‘in transit’ for 8 years now
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An audit has revealed that a Sh180 million shipment of consumer goods ordered by Nzoia Sugar has yet to arrive from abroad after eight years, raising questions over the company’s claims that the shipment was on its way. Auditor General Nancy Gathongo said the state-owned mills based in Bungoma purchased…
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UK Government Invests £103 Million in Green Aerospace Technology
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Business and Trade Secretary Jonathan Reynolds has announced more than £100 million of government and industry funding to support pioneering green aviation technology projects, kicking off the Farnborough Airshow 2024. This initiative confirms the government’s commitment to supporting the aviation and advanced manufacturing sector as part of its new industrial…
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Where Harris and Her Potential Running Mates Stand on Climate Change
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Breadcrumbs Path Links PMN Business If Kamala Harris wins the Democratic nomination, Gretchen Whitmer and Josh Shapiro are among the candidates who could be her vice presidential picks. Article author: Bloomberg News Matthew Griffin, Alexander Patel Abdel Aal and Leslie Kaufman Published on July 22, 2024 • Read for 4…