(RTTNews) – German semiconductor maker Infineon Technologies AG (IFNNY) on Tuesday reported a 52% decline in second-quarter profit to 394 million euros from 826 million euros a year earlier. Earnings per share decreased to 0.30 euros from 0.63 euros in the same period last year. Adjusted earnings per share amounted to €0.42 (previous year: €0.69).
The new hire brings expertise to Nibiru’s Asia strategy targeting gaming, DeFi, NFTs and RWA. Layer 1 blockchain company Nibiru Chain today announced its strategic expansion into the Asian market, appointing Yura Nam and Nicholas Lo to spearhead growth and business development in the region. Nam is the former head of StarkNet Asia, and Lo
(RTTNews) – Solvay reported first-quarter profit from continuing operations of 109 million euros, compared with a loss of 54 million euros in the same period last year. Earnings per share from continuing operations were €1.01, with a loss of €0.53. Underlying net income from continuing operations amounted to 119 million euros compared to 187 million
Parma, Spain—Hotel Beds has announced the renewal of its strategic agreement with the company. choice hotels Over the next three years, Radisson America properties will be added to the travel tech company’s portfolio. This partnership highlights his Hotelbeds’ participation in the B2B hotel sector, which accounts for 80% of Choice Hotels’ B2B services. said Abhijit
(RTTNews) – British energy giant BP Plc (BP.L, BP_UN.TO, BP) on Tuesday reported first-quarter replacement cost or RC profit of $1.61 billion, up from $8.67 billion a year earlier. It was reported that there was a sharp decline. RC’s underlying profit for the first quarter was $2.72 billion, compared to $4.96 billion for the same
US airlines use sustainable fuel Less than 0.1% of flights. However, the government aims to ensure that 10 per cent of the industry runs on sustainable fuels by 2030. 100% by 2050. The scale of the challenge is enormous: United Airlines used 7 million gallons of sustainable fuel last year, according to company spokesperson Sam
(RTTNews) – Affiliates of the Apax IX Fund, of which Apax Global Alpha Limited is a limited partner, have announced the sale of a controlling stake in Indian medical device player Healthium MedTech. The deal values Apax Global’s look-through investment in Healthium at approximately €22.7 million. Healthium is a medical device company that develops, manufactures
The construction industry is experiencing unprecedented demand for sophisticated facilities in advanced manufacturing, data centers, healthcare, and life sciences, with construction value in these four markets alone reaching a staggering $1 trillion. It’s approaching. In addition to the explosive growth of such projects, another thing that sets them apart from traditional construction is the mechanical
Photo Credit: Kazuhisa Otsubo / CC by 2.0 Sam Ash Music Store, which started with a single store in New York in 1924, will close all 42 stores this summer after 100 years in business. Sam Ash, the family-run music store chain that has been supplying musicians with instruments for 100 years, will close all
(RTTNews) – United Microelectronics Corporation (UMC) reported unaudited net sales for April 2024. Net sales in April were NT$19.74 billion compared to NT$18.46 billion a year ago, an increase of 6.93%. Net sales from January to April were NT$74.37 billion, an increase of 2.34% compared to NT$72.67 billion in the same period last year. UMC