[ad_1] Investing.com — Shares of The Boeing Company (NYSE:) climbed 3% today after Pegasus Airlines, Turkey’s premier low-cost carrier, announced a significant order for Boeing’s 737 MAX aircraft. The deal includes a firm order for 100 of the 737 MAX 10 models, with options for an additional 100 planes. This order surpasses the size of Pegasus’s existing fleet and signals confidence in Boeing’s 737 MAX series. The order is particularly noteworthy as it exceeds the current Pegasus fleet, which consists of 46 A320-200neos, 41 A321-200neos, 7 A320-200ceos, and 16 737-800s. The initial deliveries of the new aircraft are scheduled for…
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[ad_1] Axis Bank has rolled out several changes in its credit card rules, starting December 20, 2024. The changes are related to finance charges, cash payment fees, currency conversion markup, lounge access and others.Here, we list out the key changes the private lender is rolling out for its credit card users.Key changes to take effect tomorrow 1. Finance or interest charges applicable to your credit card will be levied at a revised interest rate of 3.75 per cent per month, from the current rate of 3.6 per cent. The change will be applicable to all Axis Bank retail credit cards, except…
[ad_1] (Bloomberg) — As the currency craters in Brazil, thrusting the country’s markets into the international spotlight for the first time in years, a grim reality is setting in for top economic aides to President Luiz Inacio Lula da Silva. They are, they fear, powerless to do much to stop the panic. Most Read from Bloomberg Lula, convalescing at his home in Sao Paulo after back-to-back emergency brain surgeries, has no interest in adding to an austerity package that could, if executed boldly enough, calm investors’ worries about soaring debt and stem the capital flight that has sent the currency…
[ad_1] In a turbulent market environment, SDST stock has reached a 52-week low, trading at $4.62. This price level reflects significant pressure on the company, as investors respond to a complex array of economic headwinds. InvestingPro data reveals the stock’s RSI indicates oversold territory, while analyst targets suggest significant upside potential, ranging from $12 to $17. Over the past year, Global Partner Acquisition II, the parent of SDST, has seen its stock value decline by a stark 56.33%. This downturn mirrors broader market trends and investor sentiment, suggesting a challenging period for the firm as it navigates through the current…
[ad_1] SANTA CLARA, Calif.–(BUSINESS WIRE)–Agilent Technologies Inc. (NYSE: A) today announced that CEO Padraig McDonnell and CFO Bob McMahon will present at the 43rd Annual J.P. Morgan Healthcare Conference in San Francisco on Tuesday, Jan. 14, 2025, at 9:45 a.m. Pacific time. A live audio webcast and replay of the presentation will be available on the Agilent Investor Relations website. About Agilent Technologies Agilent Technologies Inc. (NYSE: NYSE:) is a global leader in analytical and clinical laboratory technologies, delivering insights and innovation that help our customers bring great science to life. Agilent’s full range of solutions includes instruments, software, services,…
[ad_1] Summary The Fed wrapped up its Open Market Committee meeting and, as expected, lowered the federal funds rate by another 25 basis points. The fed funds target rate is now 4.25%-4.50%. This was the third reduction in the rate-cut cycle, which started in September after the central bank had hiked rates aggressively during 2022 and 2023. Three meetings, three cuts. But based on forecasts released along with the rate decision, it looks like the Fed will refrain from lowering rates in the months ahead at an aggressive rate. While the Fed has clearly shifted its emphasis from solely fighting…
[ad_1] Towering prospectsgetty Offices continue to be plagued by high vacancy rates (20.1% in this year’s third quarter, per Moody’s), the bedeviling result of the work-from-home mindset that the pandemic created. In 2019’s fourth quarter, it was 16.8%. Also not helping: Some places have an over-abundance of office space, which brings downward pressure on leasing profitability. But guess what? The outlook for the battered office sector is promising, and some investors are taking notice amid bargains. Just look at the performance of real estate investment trusts specializing in the office sector: Their stocks have gained 28.5% this year, according to…
[ad_1] Investing.com — CK Hutchison Holdings Ltd.’s telecommunications subsidiary in Italy, Wind Tre SpA, is under investigation for allegedly evading taxes during a $3.6 billion asset sale to Cellnex Telecom (BME:) SA. The probe focuses on whether Wind Tre, Italy’s third-largest phone company, failed to pay registration taxes during the sale of several thousand mobile phone masts to Barcelona-based Cellnex. According to a document viewed by Bloomberg, the alleged tax evasion would total approximately €132 million ($144 million) for the year 2022. The document suggests that Wind Tre executives utilized a complex asset-sale system involving a Luxembourg-based entity, CK Hutchison…
[ad_1] By Tassilo Hummel MAMOUDZOU (Reuters) -People in storm-ravaged Mayotte implored French President Emmanuel Macron to do more to help on Thursday as he toured the overseas territory where scores are feared dead in the rubble left by Cyclone Chido. Some in the crowds that gathered outside the airport booed the presidential motorcade, while others said they were grateful for Macron’s visit and urged him to stay longer. Officials in France’s have only been able to confirm 31 fatalities more than five days after the cyclone, but some have said they fear there could be thousands. A lawmaker told Macron…
[ad_1] During the past few years, global voluntary carbon markets have been thrown into crisis by fraud and quality scandals. Verra, a major certifier of carbon emission offsets, announced in August that it was rejecting 37 Chinese rice cultivation projects and revoking issued carbon credits, due to quality concerns. Some of the credits from these so-called “phantom” projects had already been procured to offset greenhouse gas emissions by major companies, like Shell and China National Petroleum Corporation. But evidence seen by Dialogue Earth indicates something more serious than quality concerns: some of these projects never existed. Experts say any forthcoming…