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[ad_1] LONDON – Intuitive Investments Group plc (SFS: IIG), a closed-end investment company specializing in the technology, life sciences, and healthcare sectors, has announced the return of funds and the impending cancellation of shares related to its investee company, Hui10 Inc. (“Hui10”). The board of Hui10 has completed a repayment of RMB 38 million (approximately $5 million) to a prior investor due to the investor’s failure to meet certain conditions of the original investment agreement. Following this repayment, Hui10 has begun the process to reclaim 3,250,254 ordinary shares, each with a nominal value of 10 pence, previously issued to the…

[ad_1] In a challenging market environment, Century Communities, Inc. (NYSE:) stock has touched a 52-week low, reaching a price level of $73.46. According to InvestingPro analysis, the stock appears undervalued, with analyst price targets ranging from $96 to $119. This downturn reflects a broader trend seen in the home construction sector, as companies navigate through a period of economic uncertainty and shifting housing market dynamics. Over the past year, Century Communities has seen its stock price decrease by 19.49%, underscoring the headwinds faced by the industry, including rising interest rates and material costs that have impacted home affordability and demand.…

[ad_1] LIMA (Reuters) – Peruvian President Dina Boluarte on Friday announced that the minimum wage will rise 10% starting next year to just over $300 per month, as the Andean nation shows signs of an economic recovery after slipping into a recession last year. Boluarte, in a televised speech, said that the minimum wage will rise to 1,130 soles ($301.90) per month, from the previous 1,025 soles. It marks the first minimum wage increase since May 2022 under Boluarte’s predecessor, Pedro Castillo, who was ousted at the end of 2022 for attempting to dissolve Congress. “Today the outlook is optimistic,…

[ad_1] By Jonathan Stempel NEW YORK (Reuters) – A U.S. appeals court on Friday revived a whistleblower lawsuit accusing the Swiss drugmaker Novartis of paying illegal kickbacks to doctors to induce them to promote its blockbuster multiple sclerosis drug Gilenya. In a 3-0 decision, the 2nd U.S. Circuit Court of Appeals in Manhattan said the whistleblower Steven Camburn can try to prove that Novartis violated the federal False Claims Act by holding “sham” speaker events to boost Gilenya sales. Camburn, a former Novartis sales representative, said the drugmaker paid doctors thousands of dollars and treated them to dinners at high-end…

[ad_1] Hanwha Qcells, a subsidiary of South Korea’s Hanwha Corp has set a world record for tandem solar cell efficiency. The company’s innovative M10-sized cell, featuring a perovskite-silicon structure, reached an impressive efficiency of 28.6%. This incredible output surpasses the 27% efficiency of crystalline silicon cells and the 21% typical of standard commercial solar panels. They achieved this milestone just one year after starting large-scale tandem development, promising project size and cost reduction. Danielle Merfeld, Global CTO at Hanwha Qcells. “The tandem cell technology developed at Hanwha Qcells will accelerate the commercialization process of this technology and, ultimately, deliver a…

[ad_1] Han Duck-soo, South Korea’s prime minister and acting president, speaks during a news conference after lawmakers passed a motion to impeach South Korean President Yoon Suk Yeol in Seoul, South Korea, on Dec. 14, 2024.Bloomberg | Bloomberg | Getty ImagesSouth Korea’s lawmakers on Friday voted to impeach acting President Han Duck-soo, in the second head-of-state ousting this month after a short-lived martial decree on Dec. 3, according to South Korean news agency Yonhap.Finance Minister Choi Sang-mok is next in line to take on the mantle of the acting presidency, according to South Korean law.Han’s predecessor, President Yoon Suk Yeol, was…

[ad_1] Investing.com – U.K. stocks were higher after the close on Friday, as gains in the , and sectors led shares higher. At the close in London, the rose 0.09%. The best performers of the session on the were Vistry Group PLC (LON:), which rose 2.83% or 15.50 points to trade at 563.00 at the close. Meanwhile, Centrica PLC (LON:) added 2.21% or 2.85 points to end at 131.85 and Diageo PLC (LON:) was up 1.50% or 37.50 points to 2,535.00 in late trade. The worst performers of the session were Next PLC (LON:), which fell 2.60% or 256.00 points…

[ad_1] On December 19, Li-FT Power Ltd. (LIFT) announced that it had signed a definitive agreement with North Arrow Minerals Inc. to acquire three lithium projects in Northwest Territories, Canada. In this deal, LIFT will now fully own the DeStaffany, LDG, and Mackay Lithium Projects. In exchange, North Arrow will receive 250,000 common shares of LIFT. The deal also includes the transfer of reclamation bonds, ensuring responsible environmental practices. However, regulatory approvals are pending for the transaction to close. Francis MacDonald, CEO and Director of Li-FT Power, commented, “The acquisition of North Arrow’s lithium portfolio further positions LIFT as the…

[ad_1] Arkansas Best Corp (NASDAQ:) stock has reached a 52-week low, dipping to $92.28, as investors navigate through a challenging economic landscape. According to InvestingPro analysis, the stock’s RSI indicates oversold territory, while the company maintains a “GOOD” overall financial health score. The transportation company, which has been contending with industry-wide pressures, has seen its stock price significantly retreat from higher levels over the past year. This latest price point marks a stark contrast to its performance over the last 12 months, with ARCB experiencing a 1-year change of -24.11%. Despite the decline, management has been actively buying back shares,…

[ad_1] Friday’s trading session is showcasing significant movements across various market capitalization categories, with mega-cap stocks like Tesla Motors (NASDAQ:) and Nvidia Corp (NASDAQ:) experiencing notable declines, while large-cap stocks such as GameStop Corp (NYSE:) and ProShares Trust UltraPro QQQ (NASDAQ:) also slide. Here’s a look at some of the key stock movers from mega-caps to small caps. Mega-Cap Movers:Nvidia Corp (NVDA): -3.05%Tesla Motors (TSLA): -4.56% Amazon Com Inc (NASDAQ:): -2.55% Microsoft Corp (NASDAQ:): -2.26% Netflix, inc. (NASDAQ:): -2.73% Avago Technologies (NASDAQ:): -2.89% Large-Cap Stock Movers:ProShares Trust UltraPro QQQ (TQQQ): -5.96%GameStop Corp (GME): -5.76%Reinvent Technology Partners Y (AUR): -6.54%Applovin (APP):…