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Norsk Hydro: Sapa (joint venture) - Announcement of results for the second quarter 2017

Jul 14, 2017 05:01 am UTC| Business

Underlying EBIT for Sapa in the second quarter increased compared to the previous quarter, in line with general seasonality in the industry but also related to improved performance. Sapa improved its underlying EBIT...

Insurers Beat Other Industries on Shareholder Value. Can It Last?

Jul 14, 2017 04:01 am UTC| Business

BOSTON, July 14, 2017 -- The global insurance sector created more value for shareholders over the past five years (from January 2012 through December 2016) than did other industries, returning 18.5% a year to...

ADOMANI and Blue Bird Introduce All-New Electric School Bus

Jul 14, 2017 03:57 am UTC| Business

RENO, Nev., July 13, 2017 -- ADOMANI, INC. (Nasdaq:ADOM), a California-based provider of advanced zero-emission and hybrid vehicle drivetrain solutions and purpose-built electric vehicles, with its partner, Blue Bird...

Westport Fuel Systems Provides Q2 2017 Revenue Guidance and Pro Forma Cash Summary

Jul 14, 2017 03:20 am UTC| Business

VANCOUVER, B.C., July 13, 2017 -- Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX:WPRT) (Nasdaq:WPRT) announced today that it expects Q2 2017 revenues to be $57-$59 million for the quarter ended June 30, 2017...

Westport Fuel Systems Proposes Offering of Common Shares

Jul 14, 2017 03:08 am UTC| Business

VANCOUVER, B.C., July 13, 2017 -- Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX:WPRT) (Nasdaq:WPRT) announced today that it intends to offer and sell common shares in an underwritten public offering (the...

SHAREHOLDER ALERT: Brower Piven Encourages Investors Who Have Losses In Excess Of $100,000 From Investment In Axiom Holdings, Inc. (OTCQB: AIOM) To Contact Brower Piven Before The Lead Plaintiff Deadline In Class Action Lawsuit

Jul 14, 2017 02:20 am UTC| Business

STEVENSON, Md., July 13, 2017 -- The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the...

SHAREHOLDER ALERT: Brower Piven Encourages Investors Who Have Losses In Excess Of $100,000 From Investment In CenturyLink, Inc. (NYSE:CTL) To Contact Brower Piven Before The Lead Plaintiff Deadline In Class Action Lawsuit

Jul 14, 2017 02:20 am UTC| Business

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Economy

Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment

Asian markets rallied sharply on Monday, driven by investor optimism after a decisive election victory for Japanese Prime Minister Sanae Takaichi and renewed confidence in global monetary easing. The strong win boosted...

Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence

Japans stock market rallied strongly on Monday, with the Nikkei 225 Index surging to a new all-time high and crossing the 56,000 level for the first time during early trading. The historic rise came as investors reacted...

Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations

The Japanese yen extended its recent losing streak in early Asian trading on Monday after Prime Minister Sanae Takaichi secured a decisive victory in Sundays general election, reinforcing expectations for further fiscal...

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

Politics

Trump Administration Appeals Court Order to Release Hudson Tunnel Project Funding

The administration of U.S. President Donald Trump has filed an appeal challenging a federal court decision that ordered the Transportation Department to unfreeze funding for the $16 billion Hudson Tunnel Project, a major...

Trump Congratulates Japan’s First Female Prime Minister Sanae Takaichi After Historic Election Victory

U.S. President Donald Trump publicly congratulated Japanese Prime Minister Sanae Takaichi on Sunday following her coalitions decisive landslide victory in Japans lower house elections held over the weekend. The message,...

Japan’s Prime Minister Sanae Takaichi Secures Historic Election Win, Shaking Markets and Regional Politics

Japans Prime Minister Sanae Takaichi has secured a historic landslide victory in a rare winter election, consolidating power and paving the way for major shifts in economic, fiscal, and security policy. Takaichis Liberal...

Sydney Braces for Pro-Palestine Protests During Israeli President Isaac Herzog’s Visit

Sydney is preparing for large-scale pro-Palestine protests as Israeli President Isaac Herzog visits Australia, prompting authorities to declare the trip a major event and deploy thousands of police across the city....

Anutin’s Bhumjaithai Party Wins Thai Election, Signals Shift Toward Political Stability

Thailands political landscape may be entering a more stable phase after Prime Minister Anutin Charnvirakuls Bhumjaithai Party secured a decisive victory in Sundays general election. Preliminary results from the Election...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....