reuters
China Wantian Holdings' Unit Enters Agreement With Zhongyi Embodied AI
China Wantian Holdings Ltd HKEX:1854:
Eidesvik Enters New Frame Deal With Aker BP, Contract Award
Eidesvik Offshore ASA OSL:EIOF:
reuters
Freemelt Gets Additional Machine Order From Jiuli
Freemelt Holding AB (publ) OMXSTO:FREEM:
Gold falls as Gulf tensions fuel inflation fears, Fed rate-hike bets
By Sumit SahaGold fell on Monday as recent hostilities in the Gulf fueled inflation concerns and added to expectations of U.S. Federal Reserve rate hikes, pressuring the non-yielding metal.Spot gold TVC:GOLD was down 1.3% at $4,036.19 per ounce, as of 1053 GMT. U.S. gold futures TVC:GOLD for August…
reuters
Fitch raises outlook on BE Semiconductor Industries to 'positive', with 'BB+' rating
BE Semiconductor Industries NV EURONEXT:BESI:
NEWS reuters
UK's likely next leader Burnham commits to existing fiscal rules
Andy Burnham, the Labour lawmaker expected to replace Keir Starmer as British prime minister, said his plans for the country are consistent with the party's 2024 manifesto, reiterating his commitment to a series of fiscal rules.The fiscal rules, which include balancing day-to-day spending with tax…
reuters
Kreate Group Unit Signs €10 Mln Financing Agreement
Kreate Group Oyj OMXHEX:KREATE:
Raw sugar hits 2-1/2-week high; cocoa, coffee fall
Raw sugar futures rose to a 2-1/2-week high on Monday, with rains slowing the cane harvest in Brazil, while cocoa and coffee prices fell.SUGAR* Raw sugar ICEUS:SB1! rose 0.7% to 14.08 cents per lb by 1034 GMT after hitting 14.13 cents, the highest since June 9, earlier in the session.* Dealers said…
NEWS reuters
China pledges greater support for AI
China on Monday pledged greater support for AI development, calling for intensified efforts to advance breakthroughs in the industry, according to the state broadcaster.A cabinet meeting chaired by Premier Li Qiang said China should uphold the security bottom line of AI and enhance oversight.Separa…
Futures edge higher as US-Iran tensions ease
Canada's stock index futures inched up on Monday after Iran and the United States agreed to pause recent hostilities in the Middle East, though caution ahead of the USMCA review and weakness in precious metals weighed on sentiment.Futures on the S&P/TSX index (SXFc1) rose 3.40 points, or 0.16%, at…
Dollar set for best month in nearly a year as bulls grow confident
By Amanda CooperThe dollar was headed for its biggest monthly gain in nearly a year on Monday, supported by the growing chances of rate rises and optimism about the U.S. economy, as investors watched developments in the Gulf ahead of a key jobs report later this week.The U.S. and Iran traded fresh…
Rocket Lab to buy satellite communications firm Iridium in $8 billion deal
Rocket Lab NASDAQ:RKLB said on Monday it would acquire satellite communications provider Iridium Communications NASDAQ:IRDM in a cash-and-stock deal valued at about $8 billion, marking one of the biggest consolidation moves in the commercial space industry.Iridium shareholders will receive $27 in c…
reuters
SATS Completes Buyback Of 4.71 Million Shares
Sats ASA OSL:SATS:
BT-Verizon deal puts global telco ghosts to bed
By Liam ProudThe UK and US telecom groups will form a 50-50 venture for their international units, with $4 bln of revenue. It shows how the industry has retreated from an expansion that began in the 1990s, when growth hopes and valuations were high. Now, it’s all about defending a local lead.Full…
NEWS reuters
India's May industrial output grows 5.1% y/y on higher electricity output
By Shubham BatraIndia's industrial output (INIP=ECI) rose 5.1% in May, led by a pickup in electricity growth, government data showed on Monday, while growth in manufacturing moderated due to supply disruptions linked to the Middle East conflict.Economists polled by Reuters expected industrial outp…
reuters
Friendtimes Says Warm Sunshine Purchases 3.99 Million FriendTimes Shares
FriendTimes Inc HKEX:6820:
reuters
AFRY Signs Framework Agreement With Ellevio
Afry AB OMXSTO:AFRY:
reuters
Favelle Favco Receives Summons With Notice From Justin Santiago In New York Supreme Court
Favelle Favco Bhd MYX:FAVCO:
reuters
Ekansh Concepts Says Board Approves Merger Of Sankalp Industrial Infratech With Co
Ekansh Concepts Ltd BSE:EKANSH:
reuters
Purple Finance Approves Sale Of Loan Portfolio Up To 230 Million Rupees Under Direct Assignment Route
Purple Finance Ltd BSE:PURPLEFIN: