Mercury NZ Reports Record Profits in Fiscal 2023
Mercury NZ reports record underlying profit for fiscal 2023, with successful integration and hydro generation growth. Ebitdaf reaches NZ$841 million, exceeding guidance.
Reducing Carbon Emissions: Heidelberg Materials Introduces Innovative Low-Carbon Cement Production in France
Heidelberg Materials announces plans to revolutionize low-carbon cement production in France through cutting-edge technologies, reducing carbon emissions by 20% and leading the way towards a greener future for the construction industry.
U.S. Stock Futures Surge as CPI for June Shows Smallest Increase
U.S. stock futures experience significant surge as consumer-price index for June reveals the smallest increase in prices since August 2021. Traders' expectations for another interest-rate hike diminish.
Clear Channel Outdoor Holdings in Exclusive Talks to Sell Business in France
Clear Channel Outdoor Holdings is in talks to sell its business in France to Equinox Industries, with the completion expected in Q4 2023. No regulatory approval is required for the transaction.
Anjali Sud Named CEO of Tubi
Anjali Sud has been named CEO of Tubi, Fox's ad-supported streaming service, following the departure of Farhad Massoudi. Sud's appointment is expected to bring further success and revolutionize the streaming industry.
Hurricane Hilary Intensifies as it Approaches Mexico's Pacific Coast
Hurricane Hilary rapidly intensifies to Category 4 as it approaches Mexico's Pacific coast, potentially impacting the southwestern United States.
Global Market Volatility Weighs on Financial Institutions
Shares of banks and other financial institutions stumble amidst concerns of persistent global market volatility and potential interest-rate hikes. Experts predict further growth in Treasury yields.
Keysight Technologies Stock Declines on Weak Financial Forecasts
Shares of Keysight Technologies dropped due to weak financial forecasts and decreased target prices. However, analysts remain positive about the company's long-term growth potential.
Hawaiian Electric Faces Challenges Amid Wildfire Accusations
Hawaiian Electric is navigating a difficult situation after being accused of starting devastating wildfires. The company seeks to remain financially stable but faces market skepticism.
Emmi Reports Higher Net Profit for First Half
Emmi achieved a higher net profit for the first half of the year, driven by pricing and cost savings. The company now expects stronger sales growth in its Swiss division, while Europe's performance is anticipated to be weaker. Revised sales...