Tag: “Corporate”

Tencent, NetEase shares rebound after China regulator’s assurance on new online gaming rules

China’s top gaming regulator said it will “carefully study” the concerns of all stakeholders on draft rules aimed at curbing excessive online gaming and spending.

SoftBank gets $7.6 billion T-Mobile stake windfall, shares soar

 SoftBank Group Corp said it would receive shares in telco T-Mobile US worth some $7.59 billion at no additional cost, driving the Japanese conglomerate’s shares up 5%.

Λάμπρος Παπακωνσταντίνου: Ο αναμορφωτής της Ideal και τα σενάρια για νέο deal

Επί προσωπικού: Ο άνθρωπος που άλλαξε τη μοίρα της Ideal ετοιμάζεται για νέα deal το 2024.

Israel grants Intel $3.2 billion for new $25 billion chip plant, biggest ever company investment in country

Israel’s government agreed to give Intel a $3.2 billion grant for a new $25 billion chip plant it plans to build in southern Israel, both sides said on Tuesday, in what is the largest investment ever by a company in Israel.

China’s Nio launches flagship EV to take on Maybach, Panamera

Chinese electric car maker Nio on Saturday unveiled a flagship model featuring self-developed technologies including semiconductors, betting they would help prop up earnings, as a bruising price war and slowing car demand weigh on profitability.

Synopsys seeks to acquire engineering software company Ansys-sources

Synopsys Inc, a maker of software used in chip design, has submitted an offer to acquire Ansys Inc, an engineering software vendor with a market value of $30 billion, people familiar with the matter said on Friday.

Manchester United stock climbs after Jim Ratcliffe clinches 25% stake

Shares of Manchester United Ltd. climbed 4.7% in premarket trades Tuesday after British billionaire Sir Jim Ratcliffe clinched his 25% minority stake in the iconic English soccer club.

Bristol Myers to Acquire RayzeBio in Deal Valued at $4.1 Billion

Bristol Myers Squibb will acquire radiopharmaceutical therapeutics company RayzeBio for $62.50 a share in cash.

Tencent loses over $43 billion in market value after China proposes new online gaming rules

Beijing released draft guidelines aimed at curbing excessive gaming and spending Friday mid-morning ahead of four-day Christmas weekend holiday in Hong Kong.

NetEase loses a quarter of its value and Tencent stock skids on new China gaming rule proposal

Shares of NetEase Inc. and Tencent Holdings Inc. fell sharply on Friday after Chinese authorities announced draft rules to crack down on spending and rewards in online gaming.

Bristol Myers to buy schizophrenia drugmaker Karuna Therapeutics for $14 billion

 Bristol Myers Squibb  on Friday agreed to buy Karuna Therapeutics for $14 billion, gaining a promising experimental schizophrenia drug to help power growth as patents on its older therapies expire later this decade.

British fintech Revolut hits record revenue, profit tumbles

British fintech Revolut’s revenue rose 45% to a record 923 million pounds ($1.1 billion) in 2022, but net profit tumbled to 6 million pounds, down from 26 million pounds the year before, the company said in delayed annual accounts on Friday.

Berkshire Buys More Occidental Stock, Bringing Its Stake to 28%

Berkshire Hathaway bought more Occidental Petroleum stock in recent days, purchasing 5.2 million shares and bringing its total ownership to 243.7 million shares, for a 27.7% stake in the big energy company, according to a form 4 filing with the Securities and Exchange Commission late Thursday.

Nike shares sink after announcing $2bn cost savings plan amid softer demand

Nike lowered its revenue outlook and said it plans to cut $2bn in costs over the next three years as the world’s largest sportswear maker warned of softening consumer demand, particularly in China and Europe.

Eurobank: Δίνει στη μητρική 410 εκατ. ενόψει διανομής μερίσματος

Προετοιμασία του ομίλου για την επιβράβευση των μετόχων από τα κέρδη του 2023 εφόσον δοθεί η άδεια από τις αρχές. Το ποσό που αναμένεται να μοιραστεί είναι έως 350 εκατ. ευρώ.

Ολοκληρώθηκε η ΑΜΚ της Lamda Malls

Ολοκληρώθηκε η αύξηση μετοχικού κεφαλαίου κατά 25,3 εκατ. ευρώ της Lamda Malls. Σύμφωνα με σχετική ανακοίνωση της μητρικής Lamda, η ΑΜΚ έγινε με την έκδοση 25.300.000 νέων, κοινών, ονομαστικών μετοχών, ονομαστικής αξίας 1 ευρώ εκάστης.

Ideal Holdings: Πάει για νέα εξαγορά στο πρώτο εξάμηνο του 2024

“Επίτευξη των στόχων που έχει θέσει και μία ακόμα σημαντική εξαγορά εντός του πρώτου εξαμήνου του 2024

Elpedison: Αναβαθμίζει τη Θίσβη, τα σχέδια για τη νέα μονάδα στη Θεσσαλονίκη

Νέα προοπτική για την τρίτη μονάδα της εταιρείας. Εξετάζεται η δυνατότητα να συνδυασθεί και με CCS. Μέσα στο 2024 η αναβάθμιση της Θίσβης. Προηγήθηκε, το 2020, η αναβάθμιση της μονάδας στη Θεσσαλονίκη.

Honda to recall over 2.5 million US vehicles – NHTSA

Honda Motor’s American unit is recalling about 2.5 million vehicles over risks of fuel pump failure that can cause an engine stall while driving and increase the chances of a crash, the National Highway Traffic Safety Administration said.

Exclusive: Tesla faces inquiry by Norway’s safety regulator over suspension failures

STOCKHOLM, Dec 21 (Reuters) – Tesla faces an inquiry by Norway’s traffic safety regulator into suspension failures in the company’s electric cars that could result in a recall, the agency told Reuters.