Month: December 2024

Meta’s 10 billion dollar “W”

[ad_1] Meta Platforms has announced a $10 billion plan to build more than 40,000 kilometers of undersea fiber optic cables. The cable will follow a giant “W”-shaped route from the U.S. East Coast to India via South Africa, then back…

Northern Star Resources to acquire De Gray Mining in $5 billion deal

[ad_1] Northern Star Resources (ASX:NST) Announces definitive agreement to acquire De Gray Mining (ASX:°) Through a court approved scheme of arrangement. The transaction is worth approximately $5 billion, with De Gray shareholders receiving 0.119 Northern Star shares for each De…

Orthocell passes milestone for Remplir launch in the US

[ad_1] Orthocell (ASX:OCC)Perth-based regenerative medicine company has successfully completed a pivotal US FDA 510(k) regulatory study for its neurorepair product Remplir. This study validated that Remplir is safe and effective for use in peripheral nerve surgical repair, meeting all required…

4DMedical expands in Washington state

[ad_1] 4D medical (ASX:4DX)Melbourne-based respiratory imaging technology leader has signed an agreement with Perth Radiology Clinic (PRC) to implement XV technology-enabled ventilation reporting across 16 clinics in Perth. XV technology dynamically measures and visualizes airflow within the lungs, allowing clinicians…

METCASH takes on hardware headwinds with food and alcohol gains

[ad_1] Metcash (ASX:MTS)The company, a service provider to Australia’s leading wholesalers and independent retailers, has reported its financial results for the first half of its 2025 financial year to 31 October 2024. The company’s diversified portfolio strategy continued to deliver…

Lecimac announces new CEO

[ad_1] lecimac group (ASX:RMC) announced that Pete Lillantzis will become chief executive officer in the first half of 2025, replacing interim CEO Susan Hansen. Mr. Lilantzis, who currently serves as Chief Strategy, Product and Operations Officer, joined Recimac earlier this…

GQG plummets over Adani bribery charges: stock price drops 14%

[ad_1] GQG Partners stock (ASX:GQG) Shares fell sharply today after UBS downgraded the company from “buy” to “neutral” and lowered its price target from $3.30 to $2.30. GQG is a US-based global investment management firm specializing in equities with significant…

Chip down: Gelsinger resigns from Intel

[ad_1] Intel Corporation (NASDAQ: INTC) on Monday announced the retirement of CEO Pat Gelsinger, who spent more than 40 years with the company. Gelsinger, who returned to Inter in 2021 to lead an ambitious rebuilding effort, officially resigned on December…

Exit lane: Carlos Tavares leaves Stellantis

[ad_1] Carlos Tavares has resigned as CEO of Stellantis, one of the world’s largest automakers, following months of tension with the board and significant management challenges. Stellantis, which owns brands such as Jeep, Fiat, Peugeot and Maserati, announced Tavares’ resignation…

French prime minister prepares for no-confidence vote

[ad_1] French Prime Minister Michel Barnier is bracing for a vote of no confidence that could topple his government just months after it was established. The crisis was caused by President Barnier’s decision to use the French constitution to force…