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Yahoo Finance's Live panel discuss Verizon's lastest earnings.
Yahoo Finance's Live panel discuss Verizon's lastest earnings.
Legal action to force Apple to cut 30% commission on App Store purchases and to compensate UK iPhone & iPad users for years of alleged overcharging
Sportradar, a leading global provider of sports data intelligence and sport entertainment solutions, today announced that it has entered into a definitive agreement to acquire InteractSport, a sports data and technology company with partnerships across a range of leading sporting organisations with a particular depth and expertise in cricket. This acquisition is anticipated to close in the 2nd quarter of 2021, subject to regulatory approvals.
Bid date, 2021-05-11Auction date2021-05-11Settlement date2021-05-12Maturity Date2021-05-19Nominal amount465 billion SEKInterest rate, %0.00Bid times09.30-10.00 (CET/CEST) on the Bid dateConfirmation of bids to email@example.comThe lowest accepted bid volume1 million SEKThe highest accepted bid volume465 billion SEKAllocation Time10.15 (CET/CEST) on the Bid dateProjected minimum liquidity surplus during the term929 billion SEKExpected excess liquidity at full allotment464 billion SEK Stockholm, 2021-05-11
VANCOUVER, British Columbia, May 11, 2021 (GLOBE NEWSWIRE) -- FAR Resources Ltd (CSE:FAT) (FSE:FOR) (OTC:FRRSF) (www.farresources.com) (“FAR Resources” or the “Company”) is pleased to announce preparations are underway for the drilling and exploration programs at its 100% owned Winston Gold and Silver Project located in New Mexico, USA. The Company intends to initiate a 1,650-meter diamond core drill program of up to 15 holes, consisting of 110 meters in depth, targeting the Ivanhoe-Emporia patented claims. This drill program will be funded from the existing treasury and will allow Far Resources the ability to potentially extend the drill program and also explore the newly expanded northern part of the property. Far Resources Ltd. has released the results of recent samplings of high-grade gold and silver from Ivanhoe-Emporia Mines such as 41 g/t gold and 1670 g/t silver, but also confirmed high-grade gold and silver values on all three historic mines including, Emporia, Ivanhoe and Little Granite and included highlights such as: 4610 g/t silver and 41.5g/t gold with widespread silver/gold mineralization throughout the Winston ProjectTwenty ore characterization samples from these three mines returned peak values of 66.5 grams g/t gold and 2,940 g/t silver from Little Granite, 26.8 g/t gold and 1,670 g/t silver from Ivanhoe and 46.1 g/t gold and 517 g/t silver from EmporiaRecently expanded its land position from 415 acres to 2980 acres with further plans to increase to 3500 acres, and increased its claims from 50 to 149 total claims Far Resources plans to provide further updates on its Gold and Silver Project in New Mexico, USA in the near future. On behalf of the board of directors, John Gammack President/CEO About FarFAR Resources is a gold and silver exploration company focused in New Mexico USA. The Company owns the Winston Project, a historic mining property with the potential for High-grade silver and gold. The property is steeped in history and historic samples, full data tables available at https://farresources.com/images/investors/presentation/precious_metals_deck/precious_metals_deck_revised-26Mar2021.pdf . Far Resources also has its ZORO Lithium Project, in CANADA, located in the mining -friendly Snow Lake region of Manitoba and containing numerous known lithium deposits. The Company also holds a 60% stake in the Hidden Lake Lithium Project in the Northwest Territories. Information Contact John Gammack,President and CEOFar Resources Ltd. (604) 374-5561 The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof. Forward Looking StatementsThis news release may contain forward-looking statements, which relate to future events or future performance, including planned exploration, and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the company. Readers are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. All of the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation. This news release does not constitute an offer to sell securities and the company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
Global digital commerce specialist Astound Commerce announced California-based RLH Equity Partners to make a major investment in its business.
Japanese, US and French troops kicked off their first-ever joint military drill Tuesday in southwestern Japan, as concerns rise over China's growing assertiveness in the region.
(Bloomberg) -- The brutal Covid-19 wave sweeping across India tallying grim daily records has surpassed the severity of the 2020 outbreak. On the surface, the near-term outlook looks bleak for oil refiners, but a closer look reveals marked differences between this year’s situation and the last.While a raft of bearish calls predicting even worse demand this month has emerged after fuel consumption plunged in April, here are some reasons why India’s oil refiners and fuel marketers are better off this year, despite the virus tearing through one of the world’s most populous countries.1. The Big LockdownA snap nationwide lockdown implemented early last year to curb the spread of the initial wave crippled the economy, driving oil demand to the lowest in more than a decade and saddling refiners with a glut of fuels. Indian Prime Minister Narendra Modi has this time resisted calls for another broad shutdown, instead leaving it up to the states to impose a patchy framework of restrictions. That has allowed for some mobility and economic activity, helping refiners avoid deep and costly cuts to crude processing.“Indian refiners are in a better position than last year, but still not out of the woods,” said Arun Kumar Singh, the director for marketing and refining at the nation’s second biggest fuel retailer Bharat Petroleum Corp.Delhi has extended its lockdown again and adopted tighter restrictions, however. India’s largest carmaker, Maruti Suzuki India Ltd., on Saturday said it would extend its factory shutdowns for another week due to the outbreak.2. Ample StorageRefiners were forced to slash crude processing in 2020 after the lockdown decimated fuel demand. The volume of crude oil and fuels in storage rapidly swelled, prompting companies to scramble for every available option to house surplus supplies including inland depots, tanks at ports and ships at sea.Some such as Mangalore Refinery and Petrochemicals Ltd. have had to trim rates during the current wave, but this time there is abundant storage capacity after inventories were whittled down. Fuel exports surged to an 11-month high in March as a global demand recovery gathered pace over the first quarter, helping to drain bloated domestic stockpiles.3. Pockets of DemandThe reopening of parts of Europe, a key export market for Indian fuels, has provided a potential outlet for excess supplies. Shipments of products including gasoline and diesel are expected to be at 1 million barrels a day during the first week of May, on par with levels seen in January and February, but Vortexa forecasts an increase “could be imminent” if domestic demand falls further.Road fuel sales in the U.K. for the 7-day period through May 1 hit its highest level since the pandemic began, according to government data. The popularity of cars has been making a comeback across the world as people skip trains and buses, fueling a demand surge for oil and metals in countries that could afford the cost of ownership.In the U.S., gasoline prices surged to a three-year high in intra-day trading on Monday after a cyberattack took out the nation’s biggest pipeline operator. Even before Colonial Pipeline Co.’s system was forced offline, motor fuel had rebounded strongly this year.4. Markets Move ForwardThe dire situation engulfing India has forced change from others outside of the country, with Saudi Arabia cutting the official selling prices of its crude to Asian customers for June due to the outbreak. Still, broader oil markets have barely blinked, aided by the recovery in regions such as the U.S. and China.Global benchmark Brent crude is flirting with $70 a barrel, while Goldman Sachs Group Inc. said late last month that commodity markets have looked through a sharp rise in Covid-19 cases in India.Still, a full lockdown remains the big wildcard. The rapidly spreading virus has infected almost 23 million people as of May 11 and could spur more spirited calls for a full shutdown, which would dramatically shake up the outlook for energy consumption and weigh heavily on the nascent recovery.(Updates virus infections in last paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Dublin, May 11, 2021 (GLOBE NEWSWIRE) -- ResearchAndMarkets.compublished a new article on the Nano-chip industry "IBM Creates Smallest Ever Chip"IBM announced it has created a two-nanometer chip, the smallest, most powerful microchip yet developed. Most computer chips powering devices today use 10-nanometer or seven-nanometer process technology, with some manufacturers producing five-nanometer chips. The lower numbers denote smaller, more advanced processors. IBM's new chip uses two-nanometer process technology, a huge leap forward for the components used to everything from consumers' smart phones and appliances to supercomputers and transportation equipment. The way to improve a chip's performance is to increase the number of transistors — the core elements that process data — without increasing its overall size. The new 2-nanometer chips are roughly the size of a fingernail, and contain 50 billion transistors, each about the size of two DNA strands, according to IBM vice president of hybrid cloud research Mukesh Khare. The article on ResearchAndMarkets.com contains a selection of reports on nanochips/nanotechnology such as: Biochips - Technologies, Markets & CompaniesMolecular Diagnostics - Technologies, Markets and CompaniesNanobiotechnologies - Applications, Markets & Companies To see the full article and a list of related reports on the market, visit "IBM Creates Smallest Ever Chip" CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager firstname.lastname@example.org For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
(Bloomberg) -- British engineering firm Renishaw Plc is struggling to attract takeover interest because of a hefty price tag and list of ownership demands, people familiar with the matter said.Rival engineering companies Hexagon AB, Schneider Electric SE and Siemens AG all decided against pursuing Renishaw, the people said, asking not to be identified discussing confidential information. While several competitors viewed Renishaw and its technology as attractive, they were turned away by a high valuation that makes a deal prohibitively dilutive to earnings, the people said.Renishaw’s Monday closing price translates into nearly 51 times this financial year’s estimated profit, more than 50% above the average multiple for a basket of peers, data compiled by Bloomberg show. The U.K. firm, which has a market value of 4.1 billion pounds ($5.8 billion), received only a limited number of bids by a mid-April deadline after more than a dozen suitors looked at sales documents, the people said.The company could struggle to agree any sale at a premium to its current stock price, the people said. Its shares fell 5.7% to 5,685 pence at 8:15 a.m. Tuesday in London, on track for the biggest decline in more than two months.The identities of the bidders that submitted proposals for Gloucestershire-based Renishaw couldn’t immediately be learned. Danaher Corp., which was considering partnering with Fortive Corp., and Swedish engineering group Sandvik AB had earlier been weighing offers, the people said.Renishaw is also seeking commitments from any new owners on research and development spending as well as maintaining local, high-quality manufacturing and jobs. Renishaw spent 66.6 million pounds on R&D in 2020, or 13% of revenue for the year, according to its annual report. Maintaining that level of investment could make it difficult for a new owner to cut costs and improve margins enough to justify a high price tag, the people said.Founded in 1973, Renishaw sells precision measurement tools that help manufacturers produce and inspect components and keep machinery and industrial automation systems running. It also specializes in 3D printing parts from metal powder and sells products to a diverse set of industries, including health care.It is exploring a sale with the help of UBS Group AG. The company’s founders, Executive Chairman David McMurtry and Deputy Chairman John Deer, are both in their 80s and would prefer to sell their stakes entirely. Together they own 53% of the company.Should a deal fail to materialize, McMurtry and Deer could opt to sell down some of their shares in the market over time, the people said. They could also decide to place their stakes in a trust or keep Renishaw independent, according to the people. The sale process is ongoing, a person close to the company said.Asian companies including Japan’s Keyence Corp. and iPhone maker Foxconn Technology Group have also been touted as potential bidders for Renishaw, and a surprise suitor may yet emerge, the people said.A spokesperson for Hexagon confirmed the company had not made a bid for Renishaw. Representatives for Renishaw, Sandvik, Schneider and Siemens declined to comment, while spokespeople for Danaher and Fortive didn’t immediately respond to requests for comment.(Updates market value in third paragraph, share move in sixth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
An unrepentant Andrew Laming has sensationally claimed he is the victim of character assassinations and his conduct towards women has been misrepresented.The embattled Liberal backbencher has returned to federal parliament after taking a month of paid leave to seek counselling and empathy training.
‘We do expect longer delays at the airport’: transport secretary, Grant Shapps
Matt Hancock says he is “worried” about the Indian Covid variant amid reports it is becoming more prominent in Britain and spreads faster than the Kent mutation. Scientists say that in England, in the two weeks to May 1, the proportion of Indian variant cases went from one per cent to 11 per cent of Covid-19 infections, with other variants less than one per cent. “We are worried about the Indian variant,” the Health Secretary told Times Radio.
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Storm halfback Jahrome Hughes is fully confident in whoever comes in to replace Cameron Munster, Harry Grant and Brandon Smith after injury and suspension ruled the trio out.
Hugging isn’t officially allowed yet, but that’s not stopping some people. Susannah Butter laments the return of awkward embraces
The French Senate voted to weaken a constitutional commitment to fighting climate change and preserving biodiversity, setting it on a collision course with the lower house that may jeopardise prospects for a referendum. The Senate, dominated by opposition conservatives, took issue with a proposal in draft legislation that the constitution "guarantee" the fight against climate change, preferring wording that was less binding. Right-wing lawmakers expressed concerns that a state guarantee might become an obstacle to innovation and French businesses.
Sydney, May 11, 2021 (GLOBE NEWSWIRE) -- Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies: St George Mining (ASX:SGQ) (FRA:S0G) has completed a $7 million private placement, issuing a total of 85,365,854 shares at a price of $0.082 per share to institutional and sophisticated investors. Click hereTriangle Energy (Global) Ltd (ASX:TEG) and Pilot Energy Ltd (ASX:PGY) have executed joint venture agreements and access deeds formalising the WA-481-P upstream joint venture and the Cliff Head Wind and Solar joint venture. Click hereMaximus Resources Ltd (ASX:MXR) has received strong gold intersections of up to 10.5 g/t gold within wide zones of mineralised stockwork at S5 prospect around 300 metres south of the historic high-grade Wattle Dam Gold Mine in Western Australia. Click hereTietto Minerals Ltd (ASX:TIE) has received bonanza grade gold results from infill drilling at Abujar‐Gludehi (AG) deposit, part of its 3.02-million-ounce Abujar Gold Project in Côte d’Ivoire, West Africa, which is on track to be West Africa’s next gold mine. Click hereMiramar Resources Ltd (ASX:M2R) extended the Marylebone target strike length to 1.7 kilometres during recent phase-2 aircore drilling, which returned 4-metre composite assays between 0.25 g/t and 1 g/t gold at depths of 44 to 60 metres within the Gidji joint venture project in Western Australia. Click hereArafura Resources Ltd (ASX:ARU) (OTCMKTS:ARAFF) (FRA:REB) has completed a feasibility study update for its 100%-owned Nolans Neodymium-Praseodymium (NdPr) Project in the Northern Territory, confirming ultra-low operating costs of US$24.76 per kilogram of NdPr oxide. Click hereTwenty Seven Co Ltd (ASX:TSC) (FRA:U9V) is set to start auger drilling at the 100%-owned Yarbu Gold Project, around 160 kilometres northeast of Southern Cross and about 90 kilometres northwest of TSC’s Mt Dimer Project in Western Australia. Click hereMarvel Gold Ltd (ASX:MVL) (FRA:GR2) plans to unlock the value of its advanced Chilalo Graphite Project in Tanzania by spinning it out into a newly incorporated, wholly-owned subsidiary Evolution Energy Minerals Limited, which proposes to undertake an IPO to facilitate listing on the ASX. Click hereEuropean Lithium Ltd (ASX:EUR) (FRA:PF8) (VIE:ELI) is set to add to its strategic lithium endowment in the heart of Europe after entering a Collaboration Agreement with Jadar Resources Ltd (ASX:JDR) (FRA:R1E) on its Austrian tenements. Click here About Proactive With six offices on three continents and a team of experienced business journalists and broadcasters, Proactive works with innovative growth companies quoted on the world’s major stock exchanges, helping executives engage intelligently with investors. Proactive’ s platform delivers the right message to the right audience, digitally and in real time, leveraging a range of media, investment research, digital investor targeting and website development services to support over 1,000 fast-growing companies globally. Proactive’s network reaches over 12 million engaged private, professional and institutional investors looking for opportunities. • Our written and video content is published on Proactive sites that collectively attract up to 10 million views per month.• We syndicate our content to hundreds of mainstream and specialist news sites that expand our reach into networks that can be difficult for press releases to penetrate.• We custom build corporate websites from the ground up, empowering clients and their brands with a modern online presence and the latest insight on effective SEO strategy.• Our news coverage ranks high on the world’s most popular search platforms, and we can further amplify online presence and outreach with sophisticated digital investor targeting.• We help the world understand what makes companies stand out from the crowd with in-depth investment research from a team of experienced analysts. For more information on how Proactive can help you make a difference, email us at email@example.com
Asia-Pacific stocks declined following a sell-off in tech stocks that weighed down major US indexes
Previous recipients include Elton John and David Bowie
Ceremony will host a live audience of 4,000 people at the O2 Arena in London