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Credit: Image by Yahoo via YAHOO NEWS Eutelsat Stock Surges Amid Starlink Concerns in Ukraine Eutelsat, a French satellite company, has witnessed a remarkable surge in its stock price, climbing 68% on the Paris exchange on Monday and then skyrocketing another 123% the following morning, reaching $4.77. However, by the close of the market on…
Taiwan’s President and TSMC CEO Address Investment Concerns. (Bloomberg) — Taiwan Semiconductor Manufacturing Co. (TSMC) is making headlines as its Chief Executive Officer, C.C. Wei, reassures the Taiwanese public regarding the company’s substantial $100 billion investment in the United States. During a joint briefing with Taiwan’s President Lai Ching-te, Wei emphasized that this investment will…
BP CEO Murray Auchincloss’s Pay Package Falls to £5.4 Million. LONDON (Reuters) – In a significant shift, BP’s CEO Murray Auchincloss reported an annual compensation of £5.4 million ($6.95 million) for the year 2024, according to the company’s latest annual report released on Thursday. This figure marks a notable decrease from the £8 million he…
Vopak to Boost Thailand Terminal for US Ethane Imports by 2029. SINGAPORE (Reuters) – In a significant move for the petrochemical industry, global independent storage operator Vopak has announced plans to expand its joint-venture terminal in Thailand. This expansion is aimed at accommodating U.S. ethane imports for the state energy firm PTT Global Chemical starting…
Eutelsat Stock Surges Amid Starlink Concerns in Ukraine Eutelsat, a French satellite company, has witnessed a remarkable surge in its stock price, soaring over 500% in response to growing concerns regarding the reliability of Starlink services in Ukraine. On Monday, shares on the Paris exchange jumped by 68%, followed by an astonishing 123% increase the…
Credit: Image by Yahoo via YAHOO NEWS Salesforce Ends Diversity Hiring Targets Amid Trump’s Executive Orders (Bloomberg) — Salesforce Inc. has made a significant shift in its hiring policies by discontinuing its diversity goals. This decision comes in the wake of President Donald Trump signing a series of executive orders aimed at dismantling diversity initiatives…
Credit: Image by Yahoo via YAHOO NEWS Trump’s Controversial Remarks on the CHIPS Act In a surprising turn of events, former President Donald Trump has cast doubt on the future of the $52.7 billion CHIPS Act during his recent joint address to Congress. He labeled the legislation a “horrible, horrible thing” and urged House Speaker…
Credit: Image by Yahoo via YAHOO NEWS Trump Urges Farmers to ‘Bear With Me’ Amidst Tariff Crisis (Bloomberg) — President Donald Trump is asking American growers to bear with him as tariffs threaten to hurt their business and deepen a farm downturn that’s entering a third year. Beijing has already enacted countermeasures on a range…
Baidu Makes Headlines with $1.4 Billion Bond Sale, Its First Since 2021! (Bloomberg) — Chinese technology giant Baidu Inc. has successfully sold 10 billion yuan (approximately $1.4 billion) in bonds outside of mainland China, marking its first debt issuance since 2021. This significant financial move comes at a crucial time for the company, which is…
Credit: Image by Yahoo via YAHOO NEWS Trump’s Threat to the CHIPS Act: A Looming Crisis for Semiconductor Funding In a surprising turn of events, President Donald Trump has publicly called for Congress to abolish the CHIPS Act, a critical piece of legislation aimed at boosting semiconductor production and research in the United States. This…
