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Featured

Unions to protest as Volkswagen thrashes out job cut plans

German auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global auto industry, with unions set to protest any mass job cuts.

EU moves closer to kicking kids off social media

Restrictions on children's use of social media in the European Union could come as early as this summer, as a long-awaited expert report next week is expected to recommend limiting minors' access to online platforms.

Last news

TikTok closer to US ban after losing court appeal

TikTok edged closer to being banned in the United States after it lost an appeal on Friday against a law requiring the video-sharing app to divest from its Chinese parent company by January 19.

EU and S.America countries conclude divisive trade deal

The EU and four South American countries concluded a huge but controversial trade deal on Friday despite fierce opposition from France, which called the agreement "unacceptable."

TikTok faces US ban after losing court appeal

TikTok faces a US ban after it lost an appeal on Friday against a law requiring the video-sharing app to divest from its Chinese parent company by January 19.

Frenchman sails around the world in 80 days... on dry land

Bernard Poitau has made no headway on his yacht in nearly a month -- with good reason. The Frenchman is taking part in a famed round-the-world yacht race on dry land, raising money for charity as he goes nowhere.

US stocks rise on jobs report while Paris rallies as Macron fights on

US stocks rose Friday after a report showed a healthy jobs market and Paris rallied as President Emmanuel Macron vowed to serve out his full term and end France's political crisis.

Rare Roman coin featuring Brutus up for auction in Geneva

A Roman gold coin bearing the image of Brutus, the assassin of Julius Caesar, will go to auction in Geneva on Monday, with bids set to start above $850,000.

Harrison Ford gets de-aged again for 'Indiana Jones' video game

Harrison Ford was de-aged last year for "Indiana Jones and the Dial of Destiny" on the big screen, and video game makers are pulling the same trick for the whip-cracking hero's latest outing on the small screen.

World Bank announces record $100 bn support for world's poorest countries

The World Bank announced Thursday that it has raised close to $24 billion to provide loans and grants for some of the world's poorest nations, which it can leverage to generate a record $100 billion in total spending power.

Europe's Vega-C rocket launches satellite into orbit after delays

Europe's new Vega-C rocket launched Thursday from French Guiana and put a satellite into orbit in its first takeoff since a failed flight two years ago.

Pensioners the big losers in Milei's world

Alicia Ceresoli yearns for the smell of new leather shoes and her mouth waters when she imagines sinking her teeth into a succulent steak, two indulgences the 80-year-old Argentine can no longer afford.

Beatles legend McCartney stars in new UK coin collection

There are few accolades missing from Beatles songwriter Paul McCartney's stellar career, and now he is to be recognised with a collection of £5 ($6.35) coins, the UK's Royal Mint said Friday.

Old Second Bancorp, Inc. Announces Completion of Chicagoland Branch Transaction

Old Second National Bank Completes Acquisition of Five Illinois Branches from First Merchants Bank

Mace(R) Security International, Inc. Announces Completion of Going Private Merger with W Electric Intermediate Holdings, LLC

Mace Security International (OTCQB:MACE) (the "Company") announces the completion of the merger (the "Merger") contemplated by the Agreement and Plan of Merger (the "Merger Agreement") dated October 12, 2024 by and among W Electric Intermediate Holdings, LLC, a Delaware limited liability company ("Parent"), Mace Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Parent ("Merger Sub"), the Company and a representative of the Company's stockholders (the "Stockholders' Representative"). Charles A. Gaddis was appointed as the Stockholders' Representative at the Special Meeting of its stockholders held on December 3, 2024.

Brazilian Court Confirms Ternium's Obligation to Pay Indemnification in connection with its 2012 Acquisition of a Participation in Usiminas; the Decision is subject to Further Appeals

Ternium S.A. (NYSE:TX) announced that the Brazilian Superior Court of Justice (SCJ) published today its unanimous decision to reject a motion of clarification filed by Ternium's subsidiaries Ternium Investments and Ternium Argentina, together with Tenaris's subsidiary Confab (all of which compose the T/T Group under the Usiminas shareholders agreement), that had sought to revert the June 18, 2024 SCJ decision ordering the T/T Group to pay Companhia Siderúrgica Nacional, or CSN, an indemnification in connection with their 2012 acquisition of a participation in Usiminas.

U & I Financial Corp. Reports Amended and Restated Third Quarter 2024 Financial Results

U & I Financial Corp. (OTCQX:UNIF), the holding company (the "Company") for UniBank (the "Bank"), today reported amended and restated results for its third quarter with decreases in Gross Loans and Allowance for Credit Losses (ACL) on Loans by $8.7 million each, reflecting loan charge offs against the ACL. These were all commercial equipment loans that had the principal balances fully reserved as of September 30, 2024. The Bank also amended and refiled its Call Report on the same day. The restatement did not have any impact on the Company's earnings.

ProteinQure to Present Data on PQ203, a Novel Peptide-Drug Conjugate for Triple Negative Breast Cancer, at 2024 San Antonio Breast Cancer Symposium

ProteinQure, the leading company in computational design of peptide therapeutics, will be presenting compelling new data on the progress of their lead triple negative breast cancer (TNBC) drug PQ203 (December 12, 2024 presentation ID: P4-12-17) at the 2024 San Antonio Breast Cancer Symposium.

iAccess Alpha's Buyside Best Ideas Virtual Winter Conference December 10-11, 2024

iAccess Alpha's "Buyside Best Ideas Virtual Winter Conference" is taking place on December 10-11, 2024.

GPOPlus+ Shareholder Update

Highlights:560% Year over Year revenue growth. Reporting $4.35 million annual revenue.Deployed proprietary AI-powered technology platform PRISIM+ - Predictive Route Inventory + Service Management - designed to optimize GPOX operations.Expanded DSD distribution in three service areas with three new distribution Mini-HubsExpanded retail network adding TXB Stores - Texas Born - convenience stores with 52 locations.

SMX and Ybyra Capital Announce Heads of Agreement, Setting Stage for Merger of Companies

SMX (Security Matters) PLC (NASDAQ:SMX)(NASDAQ:SMXWW), a pioneer in digitizing physical objects for circular economies, and Ybyra Capital (B3:YBRA4), an emerging holding company focused in commodities and real estate development in South America, has signed a non-binding Heads of Agreement. This Heads of Agreement sets the initial foundation for a potentially transformative merger, which upon completion would combine SMX's advanced digital platform traceability technologies with Ybyra's asset base and operational infrastructure, to create synergies to drive transparent and accountable global trade.

Epique Realty Welcomes Jason Riveiro as Global Growth Advisor

Industry Leader to Drive International Expansion and Strategic Initiatives

Europe's troubled Vega-C rocket launches after delays

Europe's new Vega-C rocket launched Thursday from French Guiana in its first takeoff since a failed flight two years ago, an AFP correspondent said.

US judge rejects Boeing 737 MAX accord over diversity policies

A US judge rejected a criminal settlement with Boeing over the 737 MAX crashes on Thursday, slamming diversity policies at the aviation giant and the Justice Department that made him "skeptical" of a fair outcome.

Why does UK lag on 5G mobile connectivity?

By approving a merger of Vodafone and Three in the UK, the country has secured a commitment from the mobile phone operators to invest billions of pounds on 5G connectivity.

US trade deficit narrows in October as imports fall: govt

The US trade gap narrowed more than expected in October, government data showed Thursday, as imports slipped more than exports.

Bitcoin breaks $100,000, outshining wavering stock markets

Bitcoin burst past $100,000 for the first time on Thursday, taking the limelight away from stock markets that wavered as investors tracked political crises in France and South Korea.

John Elkann: Italian dynasty heir at the helm of Stellantis

John Elkann, who is taking the wheel at Jeep and Fiat owner Stellantis after the ouster of its CEO, is the discreet but steely heir to an Italian dynasty associated with Juventus, Ferrari and The Economist.

Trump says 'you're welcome' after bitcoin leaps over $100,000

US President-elect Donald Trump on Thursday took credit for bitcoin's historic surge past $100,000, telling his social media followers "you're welcome" after the cryptocurrency jumped more than 50 percent since his election victory.

Europe's troubled Vega-C rocket to launch after delays

The first launch of Europe's new Vega-C rocket since a failed flight two years ago has been rescheduled for Thursday after days of delays, according to the European Space Agency.

Natural disasters cause $310bn in economic losses in 2024: Swiss Re

In a year set to be declared the hottest on record, natural disasters caused $310 billion in economic losses globally in 2024, as climate change increasingly takes its toll, Swiss Re said Thursday.

Shell, Norway's Equinor to form joint UK oil and gas firm

British energy giant Shell and Norway's Equinor announced plans Thursday to merge their UK offshore oil and gas assets to create a new jointly owned company.

Bitcoin breaks $100,000; stocks diverge on France, S.Korea crises

Bitcoin burst past $100,000 for the first time on Thursday, while global stock markets diverged as traders tracked political crises in France and South Korea.

European mission to imitate solar eclipse launches from India

A European mission launched from India on Thursday, aiming to catch a rare glimpse of the Sun's mysterious atmosphere by imitating a solar eclipse using two satellites flying with millimetre-level precision.

Arizona Tribune - Economy (English)