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Business6d agoNESG: Economic growth must deliver jobs, higher incomesChairman of the Nigerian Economic Summit Group (NESG), Mr. Omoboyede Olusanya, has called for a shift from measuring Nigeria’s economic progress by headline growth figures to delivering tangible improvements in jobs, incomes, productivity and living standards. The post NESG: Economic growth must deliver jobs, higher incomes appeared first on Vanguard News.Vanguard Nigeria
Business6d agoRed Rock anticipates Durango North opening in Q3 2027 with $430M investment targeting 20% ROIRed Rock plans to open Durango North in Q3 2027, involving a $430 million investment with a target of 20% return on investment. This is a future business development announcement.Seeking Alpha Tech
Business6d agoInnovAge expects $1.05B-$1.085B revenue and $105M-$115M adjusted EBITDA in fiscal 2027 as it reaffirms guidanceInnovAge has reaffirmed its fiscal 2027 guidance, expecting revenue between $1.05 billion and $1.085 billion and adjusted EBITDA between $105 million and $115 million. This provides investors with future financial projections.Seeking Alpha Tech
Business6d agoNaira rises, now N1,374/$ in parallel market…As interbank turnover rises 445% By Elizabeth Adegbesan The Naira yesterday appreciated to N1,374 per dollar from N1,377 in the parallel market on Monday. But the naira depreciated to N1,347.75 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the […] The post Naira rises, now N1,374/$ in parallel market appeared first on Vanguard News.Vanguard Nigeria
Business6d agoDream Industrial REIT reports Q3 resultsDream Industrial REIT has released its financial results for the third quarter. This provides an update on the company's performance.Seeking Alpha Tech
Business6d agoIvanhoe Mines GAAP EPS of $0.04 misses by $0.04, revenue of $263.84M beats by $16.34MIvanhoe Mines reported Q3 GAAP EPS of $0.04, missing estimates, while revenue of $263.84M exceeded expectations. This provides an update on the company's financial performance.Seeking Alpha Tech
Business6d agoOracle cancels $7B AI chip lease with Tencent amid US concerns: FTOracle has canceled a $7 billion AI chip lease agreement with Tencent, reportedly due to concerns from the US. This cancellation reflects the ongoing geopolitical tensions impacting technology partnerships.Seeking Alpha Tech
Business6d agoCricut outlines $0.70 special dividend payable January 21, 2027, while expecting full-year revenue growth for first time since 2021Cricut announced a special dividend payable in 2027 and anticipates full-year revenue growth, marking its first such growth since 2021. This news provides an update on the company's financial outlook.Seeking Alpha Tech
Business6d agoCrash landing for K-dramas? Waning output threatens genre’s futureTwelve South Korean ⁠industry groups ⁠urged the government ⁠on Wednesday to invest in and support production of Korean television dramas, known as K-dramas, warning that the country’s production ‌base risked collapse. K-dramas have been hugely popular globally, but the number produced has fallen about 30 per cent from 141 titles in 2022, according to the Korea Drama Production Association. Three domestic ⁠broadcast networks cut drama output from 91 titles in ‌2012 to 32 in 2023, and some...South China Morning Post
Business6d agoSSR Mining outlines Marigold 20-year reserve life while expecting 2026 AISC about 10% above guidanceSSR Mining has outlined a 20-year reserve life for its Marigold operation and expects its 2026 all-in sustaining costs to be approximately 10% above guidance. This provides an update on the company's operational longevity and future financial projections.Seeking Alpha Tech
Business6d agoChina is leading the clean energy industry. Will it redraw the lines of global power?China secured 23 of the world’s 36 major clean industrial projects financed last year, as emerging economies advanced past both Europe and the US.EuroNews [en]
BusinessNov 4McDonald's is about to report earnings. Here's what to expectMcDonald's has leaned into discounts to attract budget-conscious diners over the last two years.CNBC
BusinessNov 4With De la Espriella, the Aris mine in Santurbán becomes unstuckEs la empresa en la que es socio Serafino Iacono, a su vez socio y amigo de Abelardo. MinAmbiente quitó obstáculos. Y se reactivó la búsqueda de la licencia social. The post Con De la Espriella se desvara la mina de Aris en Santurbán appeared first on La Silla Vacía.La Silla Vacía
BusinessNov 4Musk's Tesla and SpaceX slip as early US midterm results point to democratic winsThe stock performance of Tesla and SpaceX, companies led by Elon Musk, has seen a decline following early US midterm election results that suggest Democratic victories. This indicates a market reaction to the anticipated political landscape.Seeking Alpha Tech
BusinessNov 4Qatar set to become world’s biggest buyer of US LNGOnce the world’s top producer, the Gulf nation will control largest share of US output by 2033Financial Times
BusinessNov 4Oracle cancels $7bn Tencent AI deal under Trump pressureIntervention comes amid growing tension for US AI infrastructure groups doing business with Chinese tech giantsFinancial Times
BusinessNov 4Wednesday’s Economic CalendarThis article provides the economic calendar for Wednesday. It outlines scheduled economic events or releases for the day.Seeking Alpha Tech
BusinessNov 4Hackett projects $68M-$70M Q4 revenue with ~48.5% adjusted gross margin amid AI platform transitionHackett projects its Q4 revenue to be between $68 million and $70 million with an adjusted gross margin of approximately 48.5%. This projection is made amidst the company's transition to an AI platform.Seeking Alpha Tech
BusinessNov 4Mirum outlines $715M to $720M 2026 net product sales guidance while targeting cash flow positive next yearMirum has provided guidance for its 2026 net product sales, projecting between $715 million and $720 million. The company is also targeting to achieve positive cash flow in the upcoming year.Seeking Alpha Tech
BusinessNov 4Bednar, Suzuki, and Arozarena, among 8 MLB players who receive offers for 23.15 millionEight MLB players received 23.15 million offers, with a deadline of November 17 to accept. Alex Bohm was not included in the list. Teams decline player options, generating movement in the free agent market. A lockout is anticipated in December.Clarín
BusinessNov 4Global stocks and dollar slide as Democratic wins stoke AI fearsHyperscalers surge and chipmakers fall as investors bet on winners and losers from expected backlash against the AI boomFinancial Times
BusinessNov 4Haryana power discoms seek review of licenceMeanwhile, the HPEA and AIPEF have filed caveats before the Appellate Tribunal for Electricity (APTEL), seeking to ensure that no ex-parte order is passed without hearing the State government and power engineersThe Hindu
BusinessNov 4Japan and South Korea stock markets register the impact of the United States elections and fall by more than 3%Both the South Korean Kospi index and Tokyo's Nikkei fell 3.54% mid-session with the counting of the US elections.Clarín
BusinessNov 4Arista forecasts $18.5B FY 2027 revenue amid 38%-40% growth outlook and $7B AI fabrics targetArista has projected its fiscal year 2027 revenue to reach $18.5 billion, indicating a growth outlook of 38-40%. The company is also targeting $7 billion from AI fabrics.Seeking Alpha Tech
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