Tag: million
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Saudi Arabia resumes Yanbu oil loading after pipeline restart
The pipeline was shut down after a Sep 11 drone attack, but operations resumed last week, allowing Saudi oil giant Aramco to restart oil loadings from Yanbu.
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Italy’s Juventus to ask investors for up to €250 million
MILAN, Sept 29 : Italian soccer club Juventus said on Tuesday it would ask shareholders to approve a capital increase of up to €250 million ($283 million) as it warned of another loss this fiscal year.• Juventus will ask shareholders to authorise the board to carry out the share issue, in one or more tran
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Chip startup Efficient Computer raises $97 million at $650 million valuation
(Corrects headline and paragraphs 1 and 9 to reflect that Efficient Computer raised $97 million, not $100 million)By Stephen NellisSAN FRANCISCO, Sept 29 : Efficient Computer, a chip startup spun out of Carnegie Mellon University, on Tuesday said it has raised $97 million in additional funding, bringi
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UEFA to distribute €31.5 million to clubs for Nations League
Sept 29 : UEFA will distribute €31.5 million ($35.7 million) to clubs who released their players to compete in the 2024-25 season of the Nations League, European soccer’s governing body said on Tuesday.• The payment is the first under the UEFA Club Benefits Programme cycle, which is part of a memorandum
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Australia’s Codan jumps to record high on robust forecast
Sept 29 : Australian electronics components maker Codan on Tuesday forecast a sharp rise in first-half profit and higher revenue for its communications division, sending its shares to a record high.The company now expects group net profit after tax of at least A$160 million ($112.16 million) for the first hal
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Australia’s Megaport signs $687 million AI infrastructure deals, lifts annual forecast
Sept 29 : Australian IT firm Megaport said on Tuesday that it signed three new AI Infrastructure contracts worth a combined A$978.6 million ($686.78 million) and upgraded its earnings forecast for 2027.Here are some more details:• The three contracts, with undisclosed customers, cover GPU and CPU com
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Australia’s Megaport wins $687 million AI infrastructure deals, raises 2027 earnings forecast
Sept 29 : Australian IT firm Megaport said on Tuesday that it signed three new AI Infrastructure contracts with a combined value of A$978.6 million ($686.78 million) and upgraded its earnings forecast for 2027.Here are some more details:• The three contracts, all with unnamed customers, include GPU a
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Satellite firm Astro Digital to go public in $587 million SPAC deal
Sept 28 : Satellite maker Astro Digital said on Monday it had agreed to go public through a merger with blank-check company Proem Acquisition Corp I, in a deal valuing the company at about $587 million.Here are some details:• Early-stage space companies are increasingly turning to SPAC mergers to tap
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Man City’s road from Premier League financial charges to reported verdict
Sept 25 : The following is a timeline of Manchester City’s Premier League financial rules case, from the charges brought in February 2023 to reports on Friday that the club had been found guilty of all but one of the 115 alleged breaches.February 6, 2023The Premier League refers City to an independent
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Volkswagen, Audi to recall almost 1 million cars in Germany
Volkswagen and its subsidiary Audi are to recall nearly a million vehicles in Germany due to a potential steering fault.
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