a How business owners can prepare for potential tariff hikes in 2025 By biztoc.com Published On :: Wed, 13 Nov 2024 07:23:38 GMT President-elect Donald Trump has promised tariff hikes. Here's what experts say business owners should be doing now to prepare. Full Article
a SoftBank first to receive new Nvidia chips for supercomputer By biztoc.com Published On :: Wed, 13 Nov 2024 07:52:39 GMT SoftBank's Japanese telecoms unit will receive the first chips using Nvidia (NASDAQ:NVDA)'s latest Blackwell design for its supercomputer, the California-based chip designer said, as Masayoshi Son looks to ride the artificial intelligence boom. SoftBank (TYO:9984) Corp is also planning to use… Full Article
a Kansai Electric to Raise Up to $3.3 Billion From Share Sale By biztoc.com Published On :: Wed, 13 Nov 2024 07:42:15 GMT Full Article
a Sea Ltd. Stock Jumps As 31% Revenue Growth Beats Expectations By biztoc.com Published On :: Wed, 13 Nov 2024 07:12:35 GMT Access to this page has been denied because we believe you are using automation tools to browse the website. This may happen as a result of the following: - Javascript is disabled or blocked by an extension (ad blockers for example) - Your browser does not support cookies Please make sure that… Full Article
a SoftBank is Nvidia's first Blackwell chips customer. Here's what they're going to be used for By biztoc.com Published On :: Wed, 13 Nov 2024 07:12:40 GMT Full Article
a Trump win could be a double whammy for Hungary's economy By biztoc.com Published On :: Wed, 13 Nov 2024 07:12:58 GMT By Gergely Szakacs and Karin Strohecker BUDAPEST/LONDON (Reuters) - Donald Trump's victory may be a political boon for Hungarian leader Viktor Orban but on the economy, Trump is bad news for Hungary - adding to inflationary risks due to a weak forint and lower output due to possible tariffs on… Full Article
a Teraco Taps Absa for $442 Million Loan for AI-Ready Facility By biztoc.com Published On :: Wed, 13 Nov 2024 07:12:58 GMT In This Article: (Bloomberg) -- Teraco Data Environments Ltd. hired Absa Group Ltd. to syndicate an 8 billion rand ($442 million) loan as the company gears up for a new facility to meet rising demand from artificial intelligence applications. Most Read from Bloomberg The facility will push… Full Article
a Australian Buyout Financing Activity Gets Boost From Lumus Deal By biztoc.com Published On :: Wed, 13 Nov 2024 07:32:31 GMT Full Article
a China's renaming of its regional jet is another clear sign its homegrown planemaker is coming for Boeing and Airbus By biztoc.com Published On :: Wed, 13 Nov 2024 07:23:46 GMT The ARJ21, COMAC's first commercially available plane, was rebranded on Tuesday to the C909. Chen Xiao/VCG via Getty Images China's COMAC is rebranding its regional jet to the C909, keeping with the naming style of its newer C919. That might not get COMAC more C909 sales, but it markets the plane… Full Article
a Just Eat Takeaway announces that it is selling Grubhub to Wonder in a $650M deal expected to close in Q1 2025; Just Eat bought Grubhub for $7.3B in 2020 By biztoc.com Published On :: Wed, 13 Nov 2024 07:23:28 GMT Netherlands-based Just Eat Takeaway announced today that it is selling Grubhub to Wonder in a deal valued at $650 million. The company said that it expects the deal to be completed by Q1 2025. “The sale of Grubhub to Wonder will increase the cash generation capabilities of Just Eat Takeaway.com… Full Article
a Bluesky Pulled a Million New Users After Election as More Abandoned Musk’s X By biztoc.com Published On :: Wed, 13 Nov 2024 07:23:30 GMT The reelection of Donald Trump as president last week brought a wave of jubilation to X (formerly Twitter). The influencers and megadonors who supported the Republican nominee delighted in the defeat of his opponent, Vice President Kamala Harris, while giddily speculating about the extremist… Full Article
a Yen Weakens to 155 Against Dollar, Raising Intervention Risk By biztoc.com Published On :: Wed, 13 Nov 2024 07:23:34 GMT In This Article: (Bloomberg) -- The yen weakened beyond 155 per dollar for the first time since July, raising the risk that Japan will enter the currency market to try to slow the depreciation. Most Read from Bloomberg The Japanese currency slid as much as 0.4% to 155.15 against the dollar,… Full Article
a US Startup Buys Just Eat Takeaway’s Grubhub for $650 Million By biztoc.com Published On :: Wed, 13 Nov 2024 07:23:40 GMT In This Article: (Bloomberg) -- Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery service at a steep discount to the $7.3 billion price tag it commanded during the early days of the Covid pandemic. Most Read from… Full Article
a European markets head for higher open; U.S. inflation data in focus By biztoc.com Published On :: Wed, 13 Nov 2024 07:23:48 GMT European stocks are expected to open positive territory Wednesday, with global markets focused on upcoming U.S. inflation data. The U.K.'s FTSE 100 index is expected to open 36 points higher at 8,056, Germany's DAX up 38 points at 19,081, France's CAC up 11 points at 7,356 and Italy's FTSE MIB up… Full Article
a China said to hold meeting on economic woes By biztoc.com Published On :: Wed, 13 Nov 2024 07:32:07 GMT The Chinese authorities are seeking to host a meeting with the representatives of major international economy-focused organizations to discuss its progress and the situation around the globe, the Sout... Full Article
a Israeli forces strike Oct. 7 attacker's cell in Gaza By biztoc.com Published On :: Wed, 13 Nov 2024 07:32:28 GMT The Israeli Defense Forces (IDF) said on Wednesday that it eliminated a militant cell member, Yasser Ghandi, in Gaza's Shejaiya area who allegedly participated in the October 7 attack in Israel that l... Full Article
a The U.S. Can’t Beat China at Solar Power. It May Be Time to Join Them By biztoc.com Published On :: Wed, 13 Nov 2024 07:32:20 GMT Full Article
a CNBC Daily Open: Postelection euphoria takes a breather By biztoc.com Published On :: Wed, 13 Nov 2024 08:12:39 GMT This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. U.S. and Asia markets slip U.S. markets retreated on Wednesday after… Full Article
a Why identity security is having an identity crisis By biztoc.com Published On :: Wed, 13 Nov 2024 07:32:32 GMT Illumio’s Raghu Nandakumara argues that non-user entities represent ‘the next frontier of risk’ in cybersecurity. Read more: Why identity security is having an identity crisis Full Article
a UK engineering firm Smiths upgrades annual revenue growth outlook By biztoc.com Published On :: Wed, 13 Nov 2024 07:32:21 GMT UK's Smiths Group on Wednesday upgraded its annual organic revenue growth outlook after the engineering firm posted a 15.8% rise in first-quarter revenue. The company now expects full-year organic revenue growth of 5%-7%, up from the original 4%-6% guidance. (Reporting by Shanima A and Chandini… Full Article
a 8 killed in Israeli airstrike in Lebanon By biztoc.com Published On :: Wed, 13 Nov 2024 07:42:41 GMT An airstrike by Israeli forces in southern Lebanon has led to the death of eight individuals, according to reports from the Lebanese state news agency NNA. "The National News Agency corresponden... Full Article
a Swedish Fintech Klarna Files for Widely Expected IPO in US By biztoc.com Published On :: Wed, 13 Nov 2024 07:42:38 GMT Swedish payments firm Klarna Group Plc has filed for an initial public offering in the US, ending months of speculation that the company was readying a stock market listing. Most Read from Bloomberg Klarna confidentially submitted a draft registration statement to the Securities and Exchange… Full Article
a Klarna files for a US IPO; analysts put Klarna's implied valuation at ~$14.6B in October 2024 after shareholder Chrysalis upped the value of its stake to $154M By biztoc.com Published On :: Wed, 13 Nov 2024 07:42:42 GMT Full Article
a Russia's lucrative oil and oil industry is an easy target for Europe after Trump's election victory By biztoc.com Published On :: Wed, 13 Nov 2024 07:52:17 GMT The EU is considering replacing Russian liquified natural gas imports with US shipments — a move that could hit President Vladimir Putin's war chest. Contributor/ Getty Images Trump's presidency may pressure Russia's oil and gas industry. The EU is thinking about replacing Russian LNG with US… Full Article
a Iranian, Russian Card Payment Systems 'Officially Linked': Tehran By biztoc.com Published On :: Wed, 13 Nov 2024 07:52:36 GMT Iranian, Russian Card Payment Systems 'Officially Linked': Tehran Via The Cradle Iranian and Russian card payment systems were formally linked this week, coming as the two nations have been working together to circumvent economic sanctions imposed by Washington and the west. The announcement… Full Article
a Seven & i's reported offer and the biggest management buyouts to date By biztoc.com Published On :: Wed, 13 Nov 2024 07:52:33 GMT Japan's Seven & i Holdings said on Wednesday it has received a buyout proposal from its vice president who is a member of its founding Ito family. Full Article
a Tesla's Chinese Battery Supplier CATL 'Open Minded' About US Expansion If Trump Welcomes Chinese Investments By biztoc.com Published On :: Wed, 13 Nov 2024 07:52:44 GMT Amid the evolving landscape of U.S.-China trade relations, CATL, one of the world’s largest battery manufacturer, has expressed interest in establishing a manufacturing plant in the United States. What Happened: Robin Zeng, the founder and chairman of CATL, shared this perspective in a recent… Full Article
a 7-Eleven starts talks with ACT on $47bn takeover bid as ‘white knight’ emerges By biztoc.com Published On :: Wed, 13 Nov 2024 07:52:44 GMT Convenience store operator receives rival buyout offer from members of founding family Full Article
a ECB's Villeroy: More rate cuts as inflation moderates By biztoc.com Published On :: Wed, 13 Nov 2024 07:52:42 GMT Member of the European Central Bank (ECB) Governing Council and Bank of France Governor Francois Villeroy de Galhau indicated on Wednesday that more interest rate cuts could be on the horizon, noting ... Full Article
a Asia stocks dip as Trump rally cools, CPI data looms By biztoc.com Published On :: Wed, 13 Nov 2024 07:52:42 GMT Investing.com-- Most Asian stocks fell on Wednesday, tracking losses in Wall Street as a post-election rally now appeared to be cooling, while anticipation of key U.S. inflation data also spurred risk aversion. Regional markets remained under pressure after fresh fiscal measures from China largely… Full Article
a Tesla Stock Gets a New Street-High Price Target Following Trump’s Victory By biztoc.com Published On :: Wed, 13 Nov 2024 07:52:44 GMT Suspicious Activity Detected Activity violating our Terms of Use has been detected on your TipRanks account. Such activity could comprise of any of the following: Exceeding 80 page views of a specific page type within a 24 hour period. Utilizing bots, crawlers or other scraping tools. In most… Full Article
a Judge blocks Oakland airport name change, says it ‘damages the goodwill and value’ of SFO’s brand By biztoc.com Published On :: Wed, 13 Nov 2024 07:52:46 GMT Full Article
a Crypto Bull Market Arrives: Analysts Say 'Buy Everything You Can' By biztoc.com Published On :: Wed, 13 Nov 2024 07:52:48 GMT Full Article
a Factbox-Seven & i's reported offer and the biggest management buyouts to date By biztoc.com Published On :: Wed, 13 Nov 2024 07:52:52 GMT In This Article: By Kane Wu HONG KONG (Reuters) - Japan's Seven & i Holdings said on Wednesday it has received a buyout proposal from its vice president who is a member of its founding Ito family. The statement follows a Bloomberg report that the 7-Eleven owner was considering a management buyout… Full Article
a An all-new 650 hp Cadillac, Hertz is selling off more EVs, and something weird at Tesla By biztoc.com Published On :: Wed, 13 Nov 2024 07:52:52 GMT On today’s exciting episode of Quick Charge, we’ve got the Vistiq! It’s all-new, three row SUV from Cadillac that packs 650 hp and can go from 0-60 mph in under 3.5 seconds, a serious word from Rivian, and something fishy at Tesla. We’ve also got word that Hertz is selling off even more of its… Full Article
a Media executives say that some brands were preparing to advertise on X once again, as Elon Musk was likely to gain an influential Trump administration role By biztoc.com Published On :: Wed, 13 Nov 2024 07:52:57 GMT Full Article
a Europe Needs Stronger Autonomy After Trump Win, Greek PM Says By biztoc.com Published On :: Wed, 13 Nov 2024 08:03:10 GMT Full Article
a Thames Water gets backing from three-quarter of creditors; markets eye US inflation – business live By biztoc.com Published On :: Wed, 13 Nov 2024 08:02:37 GMT Emergency funding deal would give struggling water company £3bn lifeline Thames Water has been teetering on the brink of collapse since being described as “uninvestible” in March when shareholders refused to pour in more cash. The government has been on standby for nationalisation through a… Full Article
a EU irate about geo-locked Apple IDs By biztoc.com Published On :: Wed, 13 Nov 2024 08:03:32 GMT EU irate about geo-locked Apple IDs Ever try to change your account's registered country? It's nigh impossible The European Union has demanded more platform changes from Apple – this time accusing it of violating anti-geoblocking rules in several of its media services. The European Commission… Full Article
a Klarna files for IPO in the US By biztoc.com Published On :: Wed, 13 Nov 2024 08:03:24 GMT Swedish fintech ‘confidentially submitted’ documents to SEC Full Article
a Elon Musk Could Slash Billions in Federal Spending With This One Move By biztoc.com Published On :: Wed, 13 Nov 2024 08:03:06 GMT Full Article
a After spending three years working on SMS verification at Zenly, Prelude wants to fix SMS onboarding By biztoc.com Published On :: Wed, 13 Nov 2024 08:02:43 GMT Prelude is a new a new French startup that focuses on SMS verification; it’s coming out of stealth Wednesday. The two founders met when they were working for Zenly, a popular location-sharing app with tens of millions of users that was acquired by Snap (and later shut down). While you might not… Full Article
a Would Donald Trump's Iran Crackdown Benefit Russia? Experts Weigh In By biztoc.com Published On :: Wed, 13 Nov 2024 08:02:50 GMT Even before Donald Trump named Elise Stefanik the new U.S. ambassador to the United Nations, the New York representative had touted how the president-elect would return to a "maximum pressure" campaign on Iran. The Wall Street Journal said Trump would "drastically increase" sanctions to "choke… Full Article
a UK fintech firm Revolut expands crypto exchange to 30 new markets in Europe By biztoc.com Published On :: Wed, 13 Nov 2024 08:03:14 GMT Revolut, which claims to have over 45 million customers globally, launched Revolut X as its stand-alone exchange in the UK earlier this year. Full Article
a Why the government's flood insurance program is underwater By biztoc.com Published On :: Wed, 13 Nov 2024 08:13:01 GMT Why the government's flood insurance program is underwater Major flooding events are increasingly common across the U.S., but homeowners looking for flood insurance will find few choices. The main providers of flood insurance is the U.S. government through the National Flood Insurance Program, or… Full Article
a The strange way the world's fastest microchips are made By biztoc.com Published On :: Wed, 13 Nov 2024 08:12:51 GMT The strange way the world's fastest microchips are made This is the story behind one of the most valuable — and perhaps, most improbable — technologies humanity has ever created. It's a breakthrough called extreme ultraviolet lithography, and it's how the most advanced microchips in the world are… Full Article
a Europe opens mostly lower with US inflation in focus By biztoc.com Published On :: Wed, 13 Nov 2024 08:03:29 GMT Major European stock markets opened mostly lower on Wednesday as investors' main focus shifted to October's inflation figures from the United States, pivotal statistics in shaping the Federal Reserve'... Full Article
a Google DeepMind releases AlphaFold 3's source code and model weights for academic use, which could accelerate scientific discovery and drug development By biztoc.com Published On :: Wed, 13 Nov 2024 08:03:13 GMT Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Google DeepMind has unexpectedly released the source code and model weights of AlphaFold 3 for academic use, marking a significant advance that could accelerate scientific… Full Article
a Indonesia's volcanic eruption grounds international flights on tourist island of Bali By biztoc.com Published On :: Wed, 13 Nov 2024 08:03:24 GMT In This Article: DENPASAR, Indonesia (AP) — Several international airlines canceled flights to and from Indonesia’s tourist island of Bali on Wednesday as an ongoing volcanic eruption left travelers stranded at airports. Indonesia’s Mount Lewotobi Laki Laki volcano on the remote island of Flores… Full Article
a US Consumer Price Index data may offer clues on next Fed interest rate decision By biztoc.com Published On :: Wed, 13 Nov 2024 08:03:31 GMT The US Consumer Price Index is set to rise 2.6% YoY in October, faster than September’s 2.4% increase. - Annual core CPI inflation is expected to remain at 3.3% in October. - The inflation data could significantly impact the market’s pricing of the Fed’s interest rate outlook and the US Dollar… Full Article