UOB Group and CCPIT sign MOU to boost foreign investment and trade between China and Southeast Asia
On Wednesday, UOB Group and the China Council for the Promotion of International Trade (CCPIT) signed an enhanced memorandum of understanding (MOU) to boost foreign investment and trade between China and Southeast Asia. This collaboration will allow more than 350,000…
Arapahoe Basin Ski Area Acquired by Alterra Mountain Co.
The iconic Arapahoe Basin ski area in Colorado is undergoing a major change as it has been acquired by Alterra Mountain Co., one of the nation’s biggest ski resort operators. This acquisition marks a significant milestone for the 1,428-acre ski…
Millions of UK Households Face Energy Bill Increases Due to Heat Network Expansion
Over five million households in the UK are facing the prospect of significant increases in their energy bills as a result of a major network roll-out. The government is aiming to expand the number of heat networks across the country,…
Super Micro Computer to Purchase Former Fry’s Electronics Site in San Jose for $80 Million
A recent deal has been struck in San Jose as Super Micro Computer, a tech company experiencing a surge in sales, has agreed to purchase the former site of Fry’s Electronics for approximately $80 million. The property, located in North…
TikTok’s Latest Trend: The Slushie Spectacle
TikTok, the breeding ground for viral trends, has birthed yet another head-scratcher – the slushie trend. This peculiar trend involves individuals throwing their slushies at trucks, creating a vibrant and messy spectacle. The trend has caught the attention of users,…
NXP Semiconductors Reports Fourth-Quarter Results Topping Wall Street Estimates
Investing.com — NXP Semiconductors reported Monday fourth-quarter results that topped Wall Street estimates, and the auto chipmaker delivered guidance that was in-line with expectations. NXP Semiconductors NV (NASDAQ:NXPI) shares were up more than 2% in after-hours trading following the report….
Eli Lilly anticipates strong Q4 earnings and revenue growth
Pharmaceutical giant Eli Lilly and Company (NYSE: LLY) is gearing up to announce its fourth-quarter earnings, with analysts forecasting higher earnings and revenues for the final three months of FY23. The company has successfully diversified beyond its core business in…
Novartis Leading Race to Acquire German Cancer Drug Maker MorphoSys
Novartis is reportedly leading the race to acquire German cancer drug maker MorphoSys, according to a recent report by Reuters. The news has caused a spike in MorphoSys’ share price, indicating significant market interest in the potential acquisition. Earlier this…
Palantir Surges Over 17% in After-Hours Trading Following Strong Q4 Earnings Report
Palantir Technologies Inc. (PLTR) saw a significant surge in its stock price, jumping over 17% in after-hours trading following the release of its fourth-quarter earnings report. The company’s revenue for the quarter reached $608.4 million, marking a 20% increase compared…
Loophole Allows Russian Oil to Enter UK Despite Sanctions
Russian oil is reportedly finding its way into the UK through a loophole in the refinery process, despite sanctions imposed over the conflict in Ukraine. Research suggests that millions of barrels of fuel made from Russian oil are still being…