Category: News
-
Northern Data Weighs AI Unit US IPO at Up to $16 Billion Value
•
Breadcrumbs Path Links PMN Business Northern Data AG is talking to potential advisers about a U.S. initial public offering of its combined artificial intelligence, cloud computing and data center businesses that could fetch a valuation of as much as $16 billion, according to people familiar with the matter. Article author:…
-
Jerusalem Metro preliminary planning tender issued
•
The Transportation Master Plan Team, which oversees the construction of transportation infrastructure in Jerusalem, today published a tender for the initial planning and feasibility study of metro lines in Israel’s capital. The tender was issued after the Jerusalem Municipality and the Ministry of Transportation determined that the city’s light rail…
-
On Trump, Russia UN envoy says Ukraine war can’t end in one day By Reuters
•
By Michelle Nichols UNITED NATIONS (Reuters) – Russian Ambassador to the United Nations Vasily Nebenzia said on Monday that “the Ukrainian crisis cannot be resolved in one day,” in response to a question about US presidential candidate Donald Trump’s repeated claims that he could end the war within 24 hours…
-
‘Roaring Kitty’ Sued Over Alleged GameStop ‘Pump and Dump’
•
(Bloomberg) — Popular stock influencer Keith Gill, known as “Roaring Kitty,” has been sued for orchestrating a “pump and dump” scheme involving GameStop Corp. shares. Most Read from Bloomberg Gill, who famously promoted GameStop during the meme trading wave of 2021, resurfaced in May and once again began posting about…
-
AI chip startup Lightmatter hires Nvidia’s Jankowski as CFO
•
Boutelish Lighmatter, an AI chip startup focused on optical supercomputing, has hired longtime Nvidia (NASDAQ: NVDAThe company announced on Monday the appointment of CEO Simona Jankowski to the position of CFO. Jankowski spent more than two decades at NVIDIA, where she served as vice president Investor relations and strategic finance.…
-
Dar Port starts facelift in hub status fight against Mombasa
•
Tanzania’s seaport operations are set to undergo a major overhaul after private sector investors took over management of maritime assets with plans to boost the efficiency and competitiveness of Dar es Salaam Port in competing for regional business with Mombasa Port. The Dar es Salaam Port renewal saw the number…
-
Post-Brexit Border Delays Threaten UK and EU Horticulture Trade, Industry Leaders Warn
•
Plant nurseries and garden centres in Britain and Europe are sounding the alarm over the inefficiency of new post-Brexit border posts, which are causing significant delays, damage and extra costs for plant importers. The Horticultural Trade Association, which represents 1,400 UK retailers and gardeners, along with several European trade bodies,…
-
Payment apps Bit and Paybox to charge fees from January
•
Israeli banking supervisor Daniel Hahiashvili announced last week that he plans to allow payment apps Bit and Paybox to collect fees starting in January 2025. The fee, which can be as high as 1%, will only be charged to customers whose total transactions exceed NIS 25,000 per year. This may…
-
BTIG lowers AeroVironment shares target following cautious market response By Investing.com
•
On Monday, BTIG revised its price target on the stock. AeroVironment AeroVironment (NASDAQ: ), a defense and aerospace company, cut its stock price to $245 from $255 previously, maintaining a buy rating on the stock. The company’s decision comes on the heels of AeroVironment’s recent investor day event held at…
-
3 Warren Buffett Stocks That Are Screaming Buys for the Second Half of 2024 (and Beyond)
•
If you’ve ever wondered why Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett attracts nearly 40,000 investors to his company’s shareholders meeting every year, and let’s look at his track record. Since assuming the CEO position in the mid-1960s, the “Oracle of Omaha” has overseen a return of about 4,964,000%…
-
Asia markets mostly rise as traders digest mixed Chinese PMI, other region’s economic data
•
primeimages/E+ via Getty Images Stock markets in the Asia-Pacific region started the second half of the year on a positive note as investors digested mixed Chinese PMI data, and the data showed that confidence among large Japanese manufacturers improved to a two-year high in the second quarter amid… Improving economic…
-
Kevin Costner mortgaged one of his properties to finance ‘Horizon’ but movie flops
•
” A Quiet Place: Day One “It’s making waves at the box office. The film grossed an estimated $53 million in its first weekend in North American theaters, according to studio estimates Sunday. It’s a much better franchise and a much bigger one than expected. Heading into the weekend, Day…
-
Two Fifths of Britons Lack Basic Financial Literacy, Survey Reveals
•
23 million people in the UK have low levels of financial literacy, according to a recent survey by investment group Abrdn’s Opinium. This finding underscores the widespread difficulty many Britons face in making basic financial decisions about saving and investing. The survey of 3,000 adults revealed a worrying level of…
-
Two Fifths of Britons Lack Basic Financial Literacy, Survey Reveals
•
23 million people in the UK have low levels of financial literacy, according to a recent survey by investment group Abrdn’s Opinium. This finding underscores the widespread difficulty many Britons face in making basic financial decisions about saving and investing. The survey of 3,000 adults revealed a worrying level of…
-
Economic turmoil in Bolivia fuels distrust in government and its claim of a ‘failed coup’
•
Breadcrumb links PMN Business Article author: Associated Press Megan Janetsky and Paula Flores Published on July 1, 2024 • 5 minute read You can save this article by registering for free here. Or log in if you have an account. Article content LA PAZ, Bolivia (AP) — “I buy dollars”…
-
Israel spent $1.1b on nuclear weapons in 2023 – report
•
The International Campaign to Abolish Nuclear Weapons ranked Israel seventh in terms of investment in nuclear weapons last year. The International Campaign to Abolish Nuclear Weapons estimates that Israel spent about $1.1 billion on nuclear weapons in 2023. The International Campaign to Abolish Nuclear Weapons was awarded the Nobel Peace…
-
ForexLive Asia-Pacific FX news wrap: EUR/USD gapped higher (not a huge gap)
•
The Chinese President says he is ready to work with Australia European Central Bank President Lagarde speaks on Monday Bitcoin is back above $63,500 China Caixin Manufacturing PMI June 2024 51.8 (FX: 51.2, Previous: 51.7) Australian Special Inflation Survey, June 2024: +0.3% m/m (previously +0.3%) Roaring Kitty sued for securities…
-
ForexLive Asia-Pacific FX news wrap: EUR/USD gapped higher (not a huge gap)
•
The Chinese President says he is ready to work with Australia European Central Bank President Lagarde speaks on Monday Bitcoin is back above $63,500 China Caixin Manufacturing PMI June 2024 51.8 (FX: 51.2, Previous: 51.7) Australian Special Inflation Survey, June 2024: +0.3% m/m (previously +0.3%) Roaring Kitty sued for securities…