Author: Bella Hayes

LONDON – EP UK Bidco Limited, a company indirectly owned by EP Group and J&T Capital Partners (WA:), has entered into a Deed of Undertaking with the UK Government, ensuring a series of legally binding commitments to protect the operations and obligations of Royal Mail (LON:). This move follows the May 29, 2024, agreement to acquire International Distribution Services plc (IDS). The Deed, conditional upon the acquisition’s completion, extends various protections beyond the initial proposals. Notably, Royal Mail will continue as the Universal Service Provider, with no change in control of GLS or Royal Mail for at least three years…

TOKYO, Dec. 16, 2024 /PRNewswire/ — KLab Inc., a leader in online mobile games, announced that its hit 3D action game Bleach: Brave Souls is scheduled to hold the Bleach: Brave Souls Year End Bankai Live 2024 on Friday, December 27, 2024 from 20:00 (JST/UTC+9). See the original press release (https://www.klab.com/en/press/) for more information. Bleach: Brave Souls Year End Bankai Live 2024 Livestream ScheduleFriday, December 27, 2024 from 20:00 to 22:00 (JST/UTC+9) Livestream CastGuestsMasakazu Morita (Voice of Ichigo Kurosaki)Ryotaro Okiayu (Voice of Byakuya Kuchiki)Noriaki Sugiyama (Voice of Uryu Ishida)Hiroki Yasumoto (Voice of Yasutora Sado/Chad) HostsYoshiyuki Hirai (America Zarigani)Azusa Sekine Please…

LONDON – AFC Energy PLC (AIM:AFC), a key player in hydrogen power generation technologies, disclosed today that its Chief Financial Officer (CFO) and Executive Director, Peter Dixon-Clarke, will resign to explore new opportunities. Dixon-Clarke will step down immediately but will remain with the company until the end of the month to aid in the transition. Karl Bostock has been named the new CFO and Executive Director, effective January 20, 2025. Bostock, with over 15 years of CFO experience in the manufacturing sector, joins AFC Energy from his previous roles at Bulgin Limited and Coveris UK. Notably, he has worked with…

Committed to Full Continuity in Delivering Next-Generation BAW High-Band RF Filters to Customers Around the WorldFiling to Ensure Business Sold Free and Clear of Qorvo (NASDAQ:) Infringement Following Final Judgement and Required Cleansing Process CHARLOTTE, N.C.–(BUSINESS WIRE)–Akoustis Technologies, Inc. (NASDAQ: AKTS) (Akoustis or the Company), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that it has voluntarily filed for chapter 11 relief in the United States Bankruptcy Court for the District of Delaware (the Court) to provide the Company with the flexibility to complete its ongoing…

Investing.com– The Federal Reserve is likely to signal a slower pace of interest rate cuts in 2025 this week, Goldman Sachs (NYSE:) said, and is unlikely to trim rates in January amid concerns over sticky inflation and a strong labor market.  The central bank is likely to cut rates by this week, bringing its total rate cuts for the year to 100 bps.  But Goldman Sachs said the Fed may be in a hurry to signal a slower pace of cuts, and that the central bank’s terminal rate may also be higher than initially expected. The investment bank said it…

Investing.com– Most Asian stocks fell on Monday ahead of a U.S. Federal Reserve interest rate decision this week, while Chinese shares declined as weaker-than-expected retail sales data raised fresh concerns about the world’s second-largest economy. The U.S. Fed is set to cut its key by 25 basis points on Wednesday. However, markets were cautious about the Fed’s long-term rate trajectory as inflation has remained a major concern. US stock index futures were muted in Asian trade, with Wall Street also entering a holding pattern below record highs before the Fed meeting. Chinese shares reverse course after retail sales data China’s  erased…

Investing.com– Gold prices moved little in Asian trade on Monday, nursing some losses from recent sessions as investors remained biased towards the before the Federal Reserve’s final meeting for the year.  Among industrial metals, copper prices were also pressured by a strong dollar, with mixed economic readings from China doing little to inspire confidence in demand.  Gold saw some bids last week on the prospect of lower U.S. interest rates in the near-term. But this was offset by uncertainty over the long-term outlook for rates, which the Fed is likely to elaborate on this week. rose 0.2% to $2,653.47 an…

SEOUL, South Korea–(BUSINESS WIRE)–Korea (KRX:010130) has released a statement today to debunk false allegations and misleading claims presented by MBK Partners during the press conference held on December 10.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241215499770/en/Market cap chart of Korea Zinc and Young Poong (Graphic: Korea Zinc)MBK falsely alleged that Korea Zinc has spent at least KRW 1.2 trillion under Chairman Yun B. Choi’s tenure without proper board oversight, while also claiming that these investments caused a corporate value loss of KRW 3.4 trillion. To support these claims, MBK arbitrarily applied unfamiliar terms such as Lost EBITDA…

NEW YORK, Dec. 15, 2024 (GLOBE NEWSWIRE) — Roadzen Inc. (: RDZN), (Roadzen or the Company), a global leader in AI at the convergence of insurance and mobility, today announced the pricing of an underwritten public offering of 2,000,000 ordinary shares (or pre-funded warrants (“Pre-funded Warrants”) in lieu thereof) at a public offering price of $1.25 per share (inclusive of the Pre-Funded Warrant exercise price), for gross proceeds of $2,500,000, before deducting underwriting discounts, commissions and offering expenses. All of the ordinary shares (and/or Pre-funded Warrants) are being offered by the Company. In addition, the Company has granted the underwriters…

By Wayne Cole SYDNEY (Reuters) – Asian stock markets were in a wary mood on Monday as surging bond yields challenged equity valuations, particularly for the richly priced tech sector, in a week packed with central bank meetings and major economic data. Figures from China out on Monday showed retail sales rose just 3.0% in November, compared to a year earlier, well below market forecasts of 4.6% and evidence of the need for much more aggressive stimulus. Industrial production was much as expected, while house prices were still falling, though at a slower pace. China’s blue chip index eased 0.2%,…