Category: News

  • Is This Nancy Pelosi’s Stock Pick Set To Overtake Nvidia? AI Chip Race To Heat Up By 2025

    Is Nancy Pelosi’s stock set to outperform Nvidia’s? AI chips race to heat up by 2025 Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Fund manager Stephen Yu to Blue Whale Growth Fund He expected that Broadcom Company (Nasdaq:Afgo) will generate…

  • ‘no overnight fix’ amid fresh tax hike fears

    Sir Keir Starmer warned on Monday that the prospect of a rapid economic recovery remains elusive, as official figures confirmed the UK economy stagnated in the third quarter. Downing Street stopped short of denying the possibility of a tax increase, raising concerns among businesses that the government’s package of fiscal…

  • Want to Buy Shares of Warren Buffett’s Investment Empire Before 2024 Is Over? Consider These 5 Magnificent Vanguard ETFs That Own Berkshire Hathaway Stock.

    Led by Warren Buffett Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRC.B) It is known to contain large quantities Shares in common stocks like apple, American Express, Bank of America, coca colaand Chevron. But the bulk of Berkshire’s value comes from its other assets, which include insurance companies, railroad company BNSF, energy…

  • Aviva agrees £3.7bn deal to acquire Direct Line, forming a UK motor insurance powerhouse

    Aviva has entered into a definitive agreement to acquire Direct Line for £3.7bn, creating one of Britain’s largest motor insurers. The FTSE 100 insurer will pay 275 pence per share for the FTSE 250 company, representing a 73.3 per cent premium to Direct Line’s share price before the talks emerged…

  • Salesforce Stokes Veeva Fight by Snagging Drug Customers

    (Bloomberg) — Salesforce Inc. says… It is attracting several large clients from its former partner Veeva Systems Inc. There is increasing competition to sell software to the pharmaceutical industry. Most read from Bloomberg More than 40 customers, including the “big three leading global pharmaceutical companies,” have signed deals to use…

  • SEIU Local 2: YVR janitors ratify deal, strike at Vancouver airport ends

    Article content VANCOUVER, British Columbia, Dec. 24, 2024 (GLOBE NEWSWIRE) — Sanitation workers cleaning Vancouver International Airport have ratified a new collective agreement. The strike ended at the airport on one of the busiest travel days of the year. Article content Strike action was scheduled to escalate today, but SEIU…

  • Foreign investment up 40% in 2023, thanks to one deal

    The Office of the Chief Economist at the Ministry of Finance released its annual report on foreign investment in Israel for 2023. According to the report, while inward investment globally declined by 20%, the picture in Israel was more complex. In 2023, total foreign investment in Israel reached $32.9 billion,…

  • Stocks Gain, Tesla Soars, Bitcoin Hits $98,000

    Santa’s rally kicks off on Wall Street: Stocks rise, Tesla rises, Bitcoin hits $98,000 Wall Street started the Santa Rally season on a positive note, with all major indices and sectors closing higher in the upcoming shortened session. From the Christmas holidays. The S&P 500 rose 1%, extending gains for…

  • BMW admits ‘irregularities’ with 100 Russian car sales despite sanctions

    BMW has admitted that more than 100 of its luxury cars were sold to Russian customers, in violation of international sanctions imposed after the Kremlin invaded Ukraine. The German carmaker attributed the sale to a handful of rogue employees at its Hannover branch, who have since been fired. BMW, along…

  • BMW admits ‘irregularities’ with 100 Russian car sales despite sanctions

    BMW has admitted that more than 100 of its luxury cars were sold to Russian customers, in violation of international sanctions imposed after the Kremlin invaded Ukraine. The German carmaker attributed the sale to a handful of rogue employees at its Hannover branch, who have since been fired. BMW, along…

  • BMW admits ‘irregularities’ with 100 Russian car sales despite sanctions

    BMW has admitted that more than 100 of its luxury cars were sold to Russian customers, in violation of international sanctions imposed after the Kremlin invaded Ukraine. The German carmaker attributed the sale to a handful of rogue employees at its Hannover branch, who have since been fired. BMW, along…

  • Border measures aimed at responding to Trump’s tariff threat begin

    Article content OTTAWA — Immigration measures announced as part of Canada’s border response to U.S. President-elect Donald Trump’s threat of 25 per cent tariffs are underway, starting with a ban on what is known as “flying the flag.” Article content This occurs when someone who was in Canada on a…

  • Israeli institutions to launch Bitcoin tracking funds

    Last year, Bitcoin once again became the focus of the financial world, with its price rising by 113% to currently reach $94,200. Now, for the first time, the Israeli public will be able to invest with shekels in a product that tracks Bitcoin. Four mutual fund managers (IBI-Kessem, Meitav, More,…

  • Treasuries Fall as Long Rates Expand Gap Over Short Maturities

    (Bloomberg) — Treasuries came under pressure in a holiday-shortened session as investors remained wary of stashing money in U.S. government debt maturing in a decade or more. Most read from Bloomberg Long-term debt yields fueled higher moves on Tuesday, adding to the steep trend in the curve that has dominated…

  • Home charger maker Myenergi slips into the red as EV demand stalls

    Myenergi, a British startup that produces home chargers for electric cars and energy-efficient appliances, swung from a profit of £8.8m to a pre-tax loss of £25m in the year to May. The company, whose prominent backers include former Tesco boss Sir Terry Leahy, blamed the downturn on weak demand, intensifying…

  • SEIU Local 2: YVR janitors’ Union reaches tentative agreement with employer, today’s actions cancelled

    Article content VANCOUVER, British Columbia, Dec. 24, 2024 (GLOBE NEWSWIRE) — A tentative agreement has been reached between SEIU Local 2, the union representing striking janitors at Vancouver International Airport, and their employer, Alpine Building Maintenance. Article content Heightened function actions planned for Tuesday, December 24 at YVR have been…

  • US private equity fund buying Israel’s Windward for NIS 1b

    Three years ago, in December 2021, an Israeli technology company Windward.ai It has become listed on London’s AIM market, with a pre-money valuation of €127 million. It is now reported to have been sold to US private equity firm FTV VIII, LP (through a company called Octopus UK Bidco Limited,…

  • Analyst sees Tesla Q4 deliveries just above expectations

    https://www.tipranks.com/news/the-fly/charged-analyst-sees-tesla-q4-deliveries-just-above-expectations Institutional investors and professional traders rely on The Fly to keep up with breaking news in electric vehicles and clean energy, as well as stocks in these sectors that Wall Street’s top analysts say are buys and sells. From hotly debated Tesla (TSLA) and more recently Wall Street darling…

  • why driver numbers are plummeting and what’s at stake

    London’s iconic black cabs could disappear by 2040, warn long-serving taxi drivers who have seen their ranks shrink by a third in the past decade. At the heart of the crisis are growing pressures to switch to electric vehicles, an aging workforce reluctant to invest in expensive new taxis, and…

  • Cash Option Renewal Payment Received for Duquesne West

    Article content Red Roof, Quebec, December. December 24, 2024 (GLOBE NEWSWIRE) – GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf, Quotrix Düsseldorf Stock Exchangespecificand GLBXF – International OTCQX in the US) is pleased to announce…