re Spirit Airlines preparing bankruptcy filing after talks with Frontier Airlines collapse: report By biztoc.com Published On :: Wed, 13 Nov 2024 05:14:09 GMT Shares of the company were down 39% at $1.8 after the bell. The stock has fallen nearly 80% this year, while the S&P 500 passenger airlines index jumped 52%. The ultra-low cost carrier is in advanced discussions with bondholders to hammer out a bankruptcy plan that would have support from a… Full Article
re YouTube is now letting creators remix songs through AI prompting By biztoc.com Published On :: Wed, 13 Nov 2024 05:24:47 GMT YouTube added a capability for select creators in the U.S. to create AI-generated songs via prompts using the vocals of artists like Charlie Puth, Charli XCX, Demi Lovato, John Legend, Sia, T-Pain, and Troye Sivan last year. Now, the company is adding a feature for select creators to remix a track… Full Article
re Shares of Swiggy opened up ~8% on their trading debut after the company raised $1.34B in its IPO, which became the second largest IPO in India this year By biztoc.com Published On :: Wed, 13 Nov 2024 05:24:25 GMT Shares of Indian food delivery giant Swiggy rose nearly 8% on their trading debut Wednesday after its IPO became the country's second largest this year. The company raised 113.27 billion Indian rupees ($1.34 billion) in its IPO that closed Monday, pricing its shares at 390 rupees apiece. The IPO… Full Article
re Prosus says it has made $2B+ on its Swiggy investment and will retain a 25% stake after Swiggy's IPO, which valued the food and grocery delivery firm at ~$11.3B By biztoc.com Published On :: Wed, 13 Nov 2024 05:24:44 GMT Full Article
re Rivian and VW finalize a software development joint venture; VW has invested $1B of its planned up to $5.8B by 2027 in the JV designed to be a 50-50 partnership By biztoc.com Published On :: Wed, 13 Nov 2024 05:35:23 GMT Rivian and Volkswagen Group have finalized a multi-billion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in the coming years. Volkswagen will invest up to $5.8 billion by 2027, about 16% more than when the deal… Full Article
re Trump says he will nominate anti-‘woke’ showman for defense secretary By biztoc.com Published On :: Wed, 13 Nov 2024 05:46:19 GMT Pete Hegseth, a 44-year old NATO-skeptic, is perhaps Trump's most surprising pick as he fills out his cabinet ahead of the 20 January inauguration Full Article
re Morning Bid: 'Trump trades' pause for breath before US CPI By biztoc.com Published On :: Wed, 13 Nov 2024 05:46:03 GMT A look at the day ahead in European and global markets from Kevin Buckland Full Article
re Re-Appearing Dark Fleet Vessel Underlines Zombie Ship Challenge By biztoc.com Published On :: Wed, 13 Nov 2024 05:57:21 GMT Full Article
re EV maker VinFast gets $3.5bn from parent and founder to break even in 2026 By biztoc.com Published On :: Wed, 13 Nov 2024 05:46:12 GMT HO CHI MINH CITY -- Vietnam's Vingroup has said it is willing to sell off assets to fund VinFast, its electric vehicle arm, as a backstop to ensure the Nasdaq-listed startup breaks even by 2026. The country's biggest conglomerate said it would lend up to $1.4 billion to VinFast and that founder… Full Article
re South Korean Stocks Set for One-Year Low on Trump Policy Concern By biztoc.com Published On :: Wed, 13 Nov 2024 06:07:43 GMT Full Article
re Rakuten Sells Mizuho 15% of Credit Card Arm for Over $1 Billion By biztoc.com Published On :: Wed, 13 Nov 2024 06:08:04 GMT Full Article
re Korea Zinc pulls $1.8 bln share sale, turns sights to board fight By biztoc.com Published On :: Wed, 13 Nov 2024 05:56:57 GMT Korea Zinc said on Wednesday it has decided to withdraw its plan to issue new shares worth $1.8 billion after the proposal sparked an investigation by the financial watchdog and a sell-off in the company's stock. Full Article
re Should You Buy This Millionaire-Maker Stock Instead of Palantir Technologies? By biztoc.com Published On :: Wed, 13 Nov 2024 05:57:09 GMT There may not be a hotter stock on Wall Street right now than Palantir Technologies. The company's artificial intelligence (AI) software is revving its growth engine, and there is a wide-open market opportunity in both government and the private sector. The stock is up approximately 800% since the… Full Article
re EPP will ‘need some time’ before making Séjourné decision By biztoc.com Published On :: Wed, 13 Nov 2024 06:07:40 GMT Donec et orci aliquet nisl suscipit molestie sed sit amet tortor. Duis vel urna ac mi sollicitudin lacinia mollis sit amet lorem. Sed finibus erat nec libero scelerisque fringilla. Morbi at orci sed urna vulputate vulputate. Nulla facilisi. Donec et orci aliquet nisl suscipit molestie sed sit amet… Full Article
re Turkish VC That Earned 20-Fold Return Raises $250 Million Fund As Bek Ventures By biztoc.com Published On :: Wed, 13 Nov 2024 06:18:45 GMT Full Article
re Trump’s victory has fractured the western order – leaving Brexit Britain badly exposed | Rafael Behr By biztoc.com Published On :: Wed, 13 Nov 2024 07:02:08 GMT To navigate the dangerous new era, Keir Starmer must end the culture of denial around the biggest strategic mistake of modern times The 35th anniversary of the Berlin Wall coming down was not commemorated much in Britain last weekend. It is no Poppy Day. The unravelling of the iron curtain doesn’t… Full Article
re Securing Europe’s Food Future: A Call to Action [Promoted content] By biztoc.com Published On :: Wed, 13 Nov 2024 06:08:03 GMT Primary Food Processors are essential to Europe’s food security. But we face significant challenges in today’s changing landscape. We urgently call on policymakers to implement strategies that improve sustainability and efficiency of our sector, ensuring Europe’s resilient future food supply. Full Article
re Wall Street expected to rake in end-of-year bonuses By biztoc.com Published On :: Wed, 13 Nov 2024 06:07:49 GMT The $20 Secret Santa limit applies to everyone except your friends who work in finance. Wall Street bankers are about to cash substantially bigger bonus checks at the end of this year, according to a report released yesterday by Johnson Associates. Coming after two consecutive years of lower… Full Article
re Allianz revenues increase 17.3% to €42.8B in Q3 By biztoc.com Published On :: Wed, 13 Nov 2024 06:07:54 GMT More to come...... Full Article
re Likely future German coalition divided on energy, climate By biztoc.com Published On :: Wed, 13 Nov 2024 06:08:24 GMT Germany's conservative CDU/CSU, led by Friedrich Merz, is expected to win the snap election on 23 February according to the latest polls but remains at odds on energy and climate policy with its most likely coalition partner: Olaf Scholz’s Social Democrats (SPD). Merz's Union is currently leading… Full Article
re US seeks to recover crypto linked to Sam Bankman-Fried’s alleged China bribe By biztoc.com Published On :: Wed, 13 Nov 2024 06:18:32 GMT This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. You can email the… Full Article
re Here are the best Black Friday deals you can already get By biztoc.com Published On :: Wed, 13 Nov 2024 06:07:49 GMT Can’t wait until Black Friday to start your holiday shop or score a killer deal on a gadget you’ve been eyeing? You may not have to. Although Black Friday isn’t until November 29th, Best Buy, Walmart, and Target have begun rolling out their holiday discounts, many of which are available elsewhere.… Full Article
re Sweden’s social services likely to soon have more powers to tackle gang recruitment By biztoc.com Published On :: Wed, 13 Nov 2024 06:18:39 GMT The Swedish government has proposed to give social services a greater role in preventing young people from joining criminal gangs by changing the confidentiality rules between public services. Before the summer, the Swedish government presented a new Social Services Act, which, among other things,… Full Article
re Government to order review of rail fare prosecutions By biztoc.com Published On :: Wed, 13 Nov 2024 06:18:43 GMT Government to order review of rail fare prosecutions The government is set to order an independent review of rail fare prosecutions and enforcement by train companies following reports of disproportionate action against passengers by revenue protection teams. The BBC understands that Transport… Full Article
re Spain will propose redirecting unused EU recovery funds to flood-hit Valencia By biztoc.com Published On :: Wed, 13 Nov 2024 06:18:57 GMT The Spanish government will propose to the European Commission to amend the post-COVID reconstruction plan to redirect unused EU funds to the 'reconstruction and revitalisation' of the areas most affected by the recent torrential rains and floods. ‘We are going to present an addendum to the… Full Article
re Allianz Sees Profit At Top End of Forecast After Strong Quarter By biztoc.com Published On :: Wed, 13 Nov 2024 06:29:22 GMT Full Article
re Portuguese FM warns of EU’s ‘cultural tendency’ to overregulate By biztoc.com Published On :: Wed, 13 Nov 2024 06:19:08 GMT Portuguese Foreign Minister Paulo Rangel warned on Tuesday of the downside of Europe's "cultural tendency" to "over-regulate" and called for a better "balance" between technological development and the defence of democracy and human rights. Read more. "Europe has a cultural tendency to… Full Article
re ABN Amro Interest Income, Impairment Releases Drive Profit Beat By biztoc.com Published On :: Wed, 13 Nov 2024 06:29:39 GMT Full Article
re Trump Plans To Strengthen Crypto Policy With Dedicated Advisor And Presidential Council | Bitcoinist.com By biztoc.com Published On :: Wed, 13 Nov 2024 06:18:41 GMT President-elect Donald Trump is poised to reshape the US government’s approach to crypto, actively seeking candidates with industry-friendly views for key regulatory positions. According to the Washington Post, as part of his strategy to establish the United States as the “crypto capital of the… Full Article
re Early Black Friday apparel sales are live — shop the 15 best sales from Patagonia, Carhartt, Ugg and more By biztoc.com Published On :: Wed, 13 Nov 2024 06:18:45 GMT Shopping for clothing is one of my favorite past times — and with all the early Black Friday apparel sales happening now, it's starting to feel like Christmas morning! Apparel and shoes are seeing some of the biggest markdowns with popular brands like Lululemon, Nike, Adidas, Patagonia and more… Full Article
re Vietnam Airlines to request bids for 50 narrowbody jets next year By biztoc.com Published On :: Wed, 13 Nov 2024 06:19:03 GMT BANDAR SERI BEGAWAN, Brunei (Reuters) -- Vietnam Airlines will issue a request for proposal to aircraft manufacturers next year to purchase 50 narrowbody jets, its CEO said on Wednesday. The carrier last year signed a provisional deal with Boeing BA for 50 737 MAX planes that has yet to be… Full Article
re US prohibits airlines from flying to Haiti after planes were shot by gangs By biztoc.com Published On :: Wed, 13 Nov 2024 06:29:27 GMT US prohibits airlines from flying to Haiti after planes were shot by gangs PORT-AU-PRINCE, Haiti — The Federal Aviation Administration prohibited U.S. airlines from flying to Haiti for 30 days after gangs shot three planes and the United Nations also Tuesday temporarily suspended flights to… Full Article
re Japan is ramping up efforts to revive its once dominant chip industry By biztoc.com Published On :: Wed, 13 Nov 2024 06:40:30 GMT Japan has announced a new plan to revitalize the country's semiconductor and artificial intelligence industries as it works to regain its chip leadership. The proposal will provide support worth 10 trillion yen ($65 billion) or more by fiscal 2030, Prime Minister Shigeru Ishiba said earlier this… Full Article
re Bulgarian president supports net zero carbon target in Baku By biztoc.com Published On :: Wed, 13 Nov 2024 06:29:49 GMT Bulgarian President Rumen Radev spoke about the threat of climate change at the COP29 climate summit in Baku on Tuesday, where he backed a net zero target, admitting that just 10 years ago, he would have thought the goal was incompatible with competitiveness. The UN summit in Baku runs from 11 to… Full Article
re Saudi Arabia’s Sovereign Wealth Fund Trims Nintendo Stake Again By biztoc.com Published On :: Wed, 13 Nov 2024 06:40:33 GMT Full Article
re Grubhub reportedly in talks to be acquired by Marc Lore’s Wonder startup By biztoc.com Published On :: Wed, 13 Nov 2024 06:29:16 GMT The European company had acquired Grubhub in 2020 in an all-stock deal for $7.8 billion, creating the world’s largest food delivery company outside China at the time. A deal for Grubhub could be finalized imminently, assuming the talks do not fall apart, the report said, adding that Grubhub is… Full Article
re Asia-Pacific markets fall after Wall Street postelection rally fizzles By biztoc.com Published On :: Wed, 13 Nov 2024 06:29:30 GMT Asia-Pacific stock markets were trading mostly lower Wednesday, tracking losses on Wall Street as the U.S. post election rally stalled overnight. Asian traders assessed corporate goods data out of Japan, which showed year-on-year producer price growth, or wholesale inflation, in October reached… Full Article
re SoftwareOne reports "disappointing" Q3 results By biztoc.com Published On :: Wed, 13 Nov 2024 06:29:45 GMT SoftwareOne Holding sales increased during its third quarter by 1.4%, the company said on Wednesday, adding that discussions about taking it private were progressing but were "challenging". Group revenues increased to 236.7 million Swiss francs ($268.06 million), while adjusted core operating… Full Article
re Interval Funds Are Hot. Do Investors Understand the Risks? By biztoc.com Published On :: Wed, 13 Nov 2024 06:40:07 GMT Full Article
re ‘Fart blaster’ tops Christmas toy wishlist as experts predict record sales By biztoc.com Published On :: Wed, 13 Nov 2024 06:51:33 GMT Despicable Me 4 tie-in smells more like popcorn while a waddling duck and an interactive pet monkey also feature A “fart blaster” with a repertoire of 15 sounds that blasts “fog fart rings” and a waddling mother duck are among the toys destined to appear on Christmas lists as experts predict a… Full Article
re Dogecoin Trade Goes From Meme to Reality as Donald Trump Confirms D.O.G.E By biztoc.com Published On :: Wed, 13 Nov 2024 06:40:27 GMT In an X post, Musk said that all Department of Government Efficiency actions will be posted online for maximum transparency. Full Article
re AltLayer unveils ‘Autonome,’ a platform to create and deploy autonomous AI agents By biztoc.com Published On :: Wed, 13 Nov 2024 06:40:15 GMT This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. You can email the… Full Article
re teardown: the SSD module is proprietary but replaceable, modular front ports, and the M4 Pro model has a beefier cooling rig than the M4 model By biztoc.com Published On :: Wed, 13 Nov 2024 06:40:32 GMT It shouldn’t be a big story that a desktop computer has upgradeable internal storage, but with Apple’s cute new 2024 Mac mini, that’s exactly where we are. It’s possible to pop the SSD out after removing a screw, and then switch in a bigger one. We didn’t run into the software blocks we saw in the… Full Article
re What Are Republics, Exactly? By biztoc.com Published On :: Wed, 13 Nov 2024 06:51:22 GMT Republican ideals have evolved over millennia. Modern republics face challenges in upholding their foundational principles. Full Article
re Markets Everywhere Are Getting Rattled by Trump’s US Agenda By biztoc.com Published On :: Wed, 13 Nov 2024 06:51:20 GMT Donald Trump’s election victory has catapulted US stocks to fresh records and pushed the dollar to a two-year high. It’s anything but good news for the rest of the world. Most Read from Bloomberg Equities excluding the US are tumbling, with an MSCI gauge at its lowest in three months. An index of… Full Article
re Europe lower in premarket as US inflation takes center stage By biztoc.com Published On :: Wed, 13 Nov 2024 07:12:42 GMT European stock indexes traded lower in Wednesday's premarket session, with the US Consumer Price Index (CPI) report firmly on investors' radar ahead of its release at 2:30 pm CET. Analysts anticipate ... Full Article
re Mutual Fund Investors Face Unwanted Tax Bills. Are You on the List? By biztoc.com Published On :: Wed, 13 Nov 2024 07:02:11 GMT Full Article
re Europe premarket lower as US inflation takes center stage By biztoc.com Published On :: Wed, 13 Nov 2024 07:02:07 GMT European stock indexes traded lower in Tuesday's premarket session, with the US Consumer Price Index (CPI) report firmly on investors' radar ahead of its release at 2:30 pm CET. Analysts anticipate in... Full Article
re "We Must Do Whatever It Takes!" - Netherlands Reinstates Temporary Border Controls To Curve Illegal Immigration By biztoc.com Published On :: Wed, 13 Nov 2024 07:01:57 GMT "We Must Do Whatever It Takes!" - Netherlands Reinstates Temporary Border Controls To Curve Illegal Immigration Authored by Thomas Brooke via Remix News, The Netherlands has announced it will reintroduce internal border checks starting Dec. 9 in fresh efforts to manage illegal immigration. The… Full Article
re How to save a bundle on children’s clothes By biztoc.com Published On :: Wed, 13 Nov 2024 07:23:51 GMT From swap meets to looking after clothes correctly, you can save cash while making your children’s wardrobes more sustainable Charity shops can be a goldmine for bargains – use the Charity Retail Association’s online search page to find ones that stock children’s clothes, or in London, head to one… Full Article