Category: Plans
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Meme coin Bonk plans to launch an ETP — but is the SEC on board?
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The proposed BONK ETP — potentially the first-ever exchange-traded product — could bridge the gap between crypto investors and Wall Street. Punk Looks to Wall Street Bonk (BONK), a leading cryptocurrency built on Solana (SOL), has announced plans to launch an exchange-traded product in the United States. Nom, one of…
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China Stimulus Hopes Rise as PBOC Cuts Rate, Plans Briefing
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China announced plans for a rare economic briefing by three top financial regulators as it cut one of its short-term interest rates, raising speculation that officials are preparing to step up efforts to revive growth. Most Read from Bloomberg Authorities announced Monday that central bank governor Pan Gongsheng would hold…
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Treasury plans tax on banks and Ashdod Port privatization
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The draft economic arrangements law, which will be attached to the 2025 budget, outlines the reforms that the Finance Ministry intends to implement next year. The draft law includes important measures in the areas of finance, real estate, state-owned companies, and others. The draft does not include any new taxes…
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Intel declares no plans to divest Mobileye majority stake
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Advanced Driving Assistance Systems (ADAS) Stock Price Mobily International Company Intel (NASDAQ: MBLY) shares rose 8% in premarket trading after Intel Corp. (NASDAQ: INTC) said it has no plans to sell its majority stake in the Israeli company. “As the majority shareholder of Mobileye, Intel remains focused on creating value…
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Boeing strike to slow down Ryanair’s growth plans: CEO Michael O’Leary (NYSE:BA)
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John Moore/Getty Images News Ryanair (Nasdaq:RayaiBoeing CEO Michael O’Leary said Saturday that the aircraft contract extension (New York Stock Exchange: BAThe workers’ strike could cut the number of aircraft the company receives by next summer to 20 from an expected 25. The Irish carrier was expecting to receive The strike…
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Jabil plans to set up electronics manufacturing unit in Tiruchirapalli, creating 5K jobs
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JHVEPhoto/iStock Editorial via Getty Images ByblosNew York Stock Exchange: JBL) Signed an MoU with the Government of Tamil Nadu to expand operations in Tiruchirappalli, India, at an investment of Rs. 2,000 crore. The agreement, signed in Chicago, aims to establish Jabil as a major manufacturing hub in India, complementing its…
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Newsmax plans an IPO | Fortune
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Ten years after its launch on cable networks, conservative news channel Newsmax is heading to the stock market. Newsmax Inc. has confidentially filed an initial public offering with the Securities and Exchange Commission, the company Announced this weekThe company hopes to raise $75 million and plans to trade on the…
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Victory Farms plans Sh750m expansion of Lake Victoria fish business
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Aquaculture company Victory Farms plans to expand its Sh750 million cage-raising tilapia project in Lake Victoria amid growing demand for the white meat, regulatory filings show. The project, which will be implemented in the new concession areas around Sindhu, Homa Bay County, will expand the company’s existing sustainable tilapia cage…
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Tesla shares gain on plans to launch Full Self-Driving in Europe, China By Reuters
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Written by Akash Sriram (Reuters) – Tesla Inc (NASDAQ:TSLA) shares rose 2.6 percent before the bell on Thursday after the electric carmaker stuck to its plans to launch its advanced driver assistance software for Full Self-Driving (FSD) in China and Europe pending regulatory approval. This comes about a month before…
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Tesla shares gain on plans to launch Full Self-Driving in Europe, China By Reuters
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Written by Akash Sriram (Reuters) – Tesla Inc (NASDAQ:TSLA) shares rose 2.6 percent before the bell on Thursday after the electric carmaker stuck to its plans to launch its advanced driver assistance software for Full Self-Driving (FSD) in China and Europe pending regulatory approval. This comes about a month before…
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Your rights in forced land acquisition by State for public plans
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Kenyan law allows public bodies to compulsorily purchase private land for public purposes including roads, airports, schools and public utilities such as electricity and water. Although the ability to compulsorily purchase land for basic infrastructure is undoubtedly a crucial development tool for the state, this ability is not absolute. It…
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Exclusive-Intel CEO to pitch board on plans to shed assets, cut costs, source says
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By Max A. Czerny and Milana Finn (Reuters) – Intel Corp Chief Executive Pat Gelsinger and top executives are expected to present a plan later this month to the company’s board to cut non-essential businesses and reorganize capital spending in an effort to revive the fortunes of the once-dominant chipmaker,…
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Exclusive-Intel CEO to pitch board on plans to shed assets, cut costs, source says By Reuters
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By Max A. Czerny and Milana Finn Intel Chief Executive Pat Gelsinger and top executives are expected to present a plan later this month to the company’s board to cut non-essential businesses and reorganize capital spending in an effort to revive the fortunes of the once-dominant chipmaker, a person familiar…
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Rocco Forte plans five new hotels as Saudis invest £1.4bn in luxury chain
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Sir Rocco Forte is set to develop five new luxury hotels in Europe after Saudi Arabia’s Public Investment Fund acquired a 49% stake in Rocco Forte Hotels, valuing the company at £1.4bn. The investment has boosted the hotel group’s expansion ambitions, but has also impacted the profitability of the wider…
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Leading Bitcoin Miner GDA Plans Mining Expansion to 400 MV Leveraging Renewables
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Genesis Digital Assets (GDA), one of the world’s largest Bitcoin mining companies, has announced plans to expand its recently launched data center in Texas to 400 megawatts. The ambitious second phase highlights GDA’s commitment to Texas as a mining hub, leveraging the state’s renewable energy and innovation-friendly policies. GDA The…
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Shiba Inu Reveals Plans To Establish Its Own DAO
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In a post on X on August 25, Shiba Inu (SHIB) announced its intention to create a decentralized autonomous organization (DAO). advertisement This was detailed by Shiba Inu’s Marketing Director, Lucy (@LucieSHIB). Shiba Inu’s vision of a decentralized, autonomous organization Shiba Inu is currently ranked 13th by market cap, Lucy…
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Meyer Burger halts solar plant in Colorado, plans restructuring By Reuters
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Swiss solar panel maker Mayer Berger said on Monday it had suspended plans to build a factory in Colorado after announcing restructuring measures and indicating profitability would be lower than previously expected. Mayer Berger Technology AG announced today that the planned construction of a solar cell production facility in Colorado…
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Nestlé plans to hold onto health science unit after CEO’s departure
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Victor Gollmer/iStock Editorial via Getty Images Nestlé Chairman Paul Bulcke said in an interview with the Neue Zurich am Sonntag newspaper published on Sunday that the company plans to retain ownership of the health sciences unit. The packaged food company said last week that longtime CEO Mark Schneider had been…
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Canada rare earth developer Tactical Resources doubles on SPAC merger plans By Investing.com
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Vancouver-based mineral exploration and development company. Tactical Resources Shares of Plum Acquisition III Corp (TSXV:) rose Friday on news that it plans to list on the Nasdaq through a merger with a special purpose acquisition company, Plum Acquisition III Corp (NASDAQ:). Shares of Tactical Resources Corp. surged 120% on the…