EnSilica plc (AIM: ENSI), a leader in mixed-signal application-specific integrated circuits (ASICs), announced the signing of a binding Memorandum of Understanding (MoU) with a major European satellite operator. The agreement includes a contract for a feasibility study to develop a…
WELLINGTON: Helloworld Travel Limited (ASX: HLO) announced Thursday it has agreed to acquire 100% of Wellington-based Barlow Travel Group (BTG), a corporate travel business that employs 30 staff, primarily at its Wellington headquarters. Founded in 2011 by Peter Barlow, Barlow…
But what is a trade war? At its core, it’s an economic battle where countries impose tariffs or trade barriers against each other, leading to cycles of retaliation. From higher consumer prices to disrupted supply chains, these conflicts reshape industries,…
MANILA: The Asian Development Bank (ADB) projected growth in Asia Pacific to moderate to 4.9% in 2025 and 4.7% in 2026, citing rising trade barriers and a slowdown in China’s property sector. The forecasts, finalized before new U.S. tariffs were…
Stocks reverse losses after president temporarily eases trade war measures MILAN: Chinese electric vehicle giant BYD is expanding its presence in Europe with the launch of its premium Denza brand, despite escalating trade tensions between China and the European Union. …
Stocks reverse losses after president temporarily eases trade war measures U.S. stocks staged a dramatic rebound Wednesday after President Trump announced a temporary easing of trade tariffs, sparking the biggest single-day rally in months. The Dow Jones Industrial Average rocketed…
JACKSON: Cal-Maine Foods, a leading U.S. egg producer, announced it has reached a deal to acquire Echo Lake Foods, a Wisconsin-based breakfast foods manufacturer, for approximately $258 million. The acquisition will be funded using Cal-Maine’s existing cash reserves. In a…
SAN RAMON: Tessell, a multi-cloud database-as-a-service startup, has raised $60 million in a Series B funding round led by WestBridge Capital. The new funding will support the company’s expansion efforts and the launch of its AI-powered conversational database management service….
BOSTON: In a striking turnaround for the US housing market, mortgage applications surged 20% in the week ending April 4, according to the latest data from the Mortgage Bankers Association of America (MBA). This notable rebound follows three consecutive weeks…
VIBY J: Arla Foods and DMK Group have unveiled plans to merge, forming Europe’s largest dairy cooperative with more than 12,000 farmers and a projected annual revenue of €19 billion. The proposed merger, announced by the companies on Tuesday, aims…
LONDON: Kohlberg Kravis Roberts & Co (KKR) has reached agreement on the terms of a recommended cash offer for the entire issued and to be issued ordinary share capital of Assura Plc for 49.4 pence in cash per share. The…
LONDON: On 3 April 2025, Assura plc announced that its Board had received a revised indicative proposal from Primary Health Properties plc (PHP) concerning a potential share-and-cash offer for the company. Known as the PHP Proposal, the offer was structured…