European markets opened lower on Friday as investors monitored political turmoil in the U.S. and monetary policy decisions from various major economies.The pan-European Stoxx 600 index was around 0.9% lower shortly after the opening bell, with every sector and all major bourses in negative territory.The United States was plunged into fresh political uncertainty on Thursday evening, after the failure of a Trump-backed spending bill, whose passage would have prevented a government shutdown. Dozens of Republican lawmakers voted against the deal to fund the government for three months and suspend the U.S. debt ceiling for two years, meaning a partial government…
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Enabling the Industry’s First 64 Gbps UCIe IPs following the Successful Tapeout of Alphawave Semi’s Gen2 36 Gbps UCIe IP on TSMC’s 3nm Technology, supporting both High-Yield, Low-Cost Organic Substrate Standard Packaging (NYSE:) and Advanced Packaging Technologies. LONDON & TORONTO–(BUSINESS WIRE)–Alphawave Semi (LSE: AWE), a global leader in high-speed connectivity and compute silicon for the world’s technology infrastructure, proudly introduces the industry’s first 64 Gbps Universal Chiplet Interconnect Express (UCIe™) Die-to-Die (D2D) IP Subsystem to deliver unprecedented chiplet interconnect data rates, setting a new standard for ultra-high-performance D2D connectivity solutions in the industry. The third generation, 64 Gbps IP Subsystem…
LONDON – International Workplace Group plc (IWG), a global provider of flexible workspaces, disclosed a significant share purchase by a person closely associated with a company executive. Nicola Sutherland-Heijl, closely associated with Nonexecutive Chairman Douglas Sutherland, acquired 40,000 ordinary shares of IWG at a price of GBP 1.52467 per share on December 19, 2024, as per the initial notification released by the company. The transaction took place on the London Stock Exchange (LON:) and amounted to a total investment of GBP 60,986.80. This purchase reflects a substantial investment in the company by an individual closely connected to one of IWG’s…
LONDON – IP Group plc (LSE: IPO), an investor in innovative science and technology companies, has announced that two of its life sciences portfolio companies have received cash offers, which are expected to yield significant proceeds for the group. Intelligent Ultrasound Group plc, with IP Group holding a 20.8% interest, has been valued at approximately £45.2 million following a cash offer from Surgical Science Sweden AB. This transaction is anticipated to result in IP Group receiving around £8.8 million, doubling the value from its last reported net asset value (NAV) as of June 30, 2024. Similarly, Abliva AB, in which…
Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, students, workers, marketers, educators, enthusiasts, and communicators. The Digital Experience segment provides an integrated platform and set of applications and services that…
Image source: Getty Images With a rise of a shade under 80% in 2024, the Barclays (LSE: BARC) share price has only fallen short of this year’s winning bank by a fraction. NatWest Group just edged it out. Or at least, it has done with a few market days left before the year ends. So maybe there’s still time for change. International strength One thing I think could propel Barclays to the winning position in 2025 is, perhaps ironically, also something I see as one of its key risks. At Q3 time, the company told us that Barclays Investment Bank…
Data from Realtor.com shows that existing home sales may be cooling — the typical home for sale spent 62 days on the market in November 2024. That makes it the slowest November for home sales in five years, and it’s a far cry from the just-listed-to-pending trend seen during the housing market’s hot streak from 2021 to 2022. So you might be wondering: If the housing market is cooling, when will housing prices drop so I can get my slice of the homeownership pie? Experts say that 2025 will likely not be the year that housing prices start their descent…
Image: DP World DP World has launched a $100m blue bond to finance projects that support marine transportation, port infrastructure, marine pollution reduction, and nature- and water-positive initiatives. This landmark issuance marks the first blue bond from a company in the Middle East and North Africa (MENA) region. The blue bond, priced at a 5.25 per cent coupon rate for a five-year term, will directly contribute to advancing two critical United Nations Sustainable Development Goals (SDGs): SDG 14 (Life Below Water) and SDG 6 (Clean Water and Sanitation). With rising marine pollution and water scarcity concerns worldwide, DP World aims…
KYIV (Reuters) -A Russian missile attack killed one person and damaged buildings across Kyiv, local officials said, after explosions were heard in Ukraine’s capital on Friday. The rush-hour attack sparked fires in several buildings and damaged multiple office buildings, according to the head of Kyiv’s military administration, Serhiy Popko. Russian forces used eight missiles, including hypersonic Kinzhal missiles and Iskander/KN-23 ballistic missiles, to carry out the attack, according to Popko. Mayor Vitali Klitschko said that the attack injured at least seven people, four of whom were taken to the hospital. Ukrainian air defences were engaged in repelling the missile attack…
(Bloomberg) — Oil rose as strong US crude exports signaled firm global demand before paring gains after the Federal Reserve reduced the number of rate cuts it expects to make next year. Most Read from Bloomberg West Texas Intermediate advanced 0.7% to settle below $71 a barrel, while Brent edged higher to settle above $73. WTI’s gain shrank after the session as the Federal Reserve’s outlook for 2025 boosted the dollar, making commodities priced in the currency less attractive. “Oil bulls are already trying to thread the needle here in 2025 with what needs to go right for higher prices,”…