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Volkswagen profits hit as high costs, China woes weigh
German auto giant Volkswagen said Tuesday its annual profits nosedived during a torrid year that saw Europe's top carmaker increasingly struggle with high production costs and fierce Chinese competition.
Struggling Japanese automaker Nissan replaces CEO
Struggling Japanese automaker Nissan announced on Tuesday that chief executive Makoto Uchida would step down, a move that follows the failure of merger talks with rival Honda.
Ships still on fire after North Sea crash
Fires were still raging on Tuesday after a cargo ship laden with toxic materials slammed into a tanker carrying flammable jet fuel in the North Sea, as questions mounted about how the accident happened.
Lego posts record profit, CEO shrugs off US tariff threat
Lego's CEO told AFP that US President Donald Trump's tariff threats do not keep him "awake at night" as the world's largest toymaker posted on Tuesday record earnings for 2024.
Most markets in retreat as Trump-fuelled economy fears build
Asian markets mostly fell Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as Donald Trump presses ahead with his global trade war and federal jobs cuts.
Asian markets track Wall St lower as Trump-fuelled economy fears build
Asian markets fell Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as Donald Trump presses ahead with his global trade war and federal jobs cuts.
South Korea's Kia denies responsibility for anti-Musk ad
South Korean automaker Kia told AFP Tuesday it had not approved an advertising campaign that featured one of its electric vehicles with a bumper sticker denigrating rival Tesla owner Elon Musk.
Kung fu girl group puts fresh spin on ancient Chinese art
In front of a secluded temple in southwestern China, Duan Ruru skilfully executes a series of chops and strikes, practising kung fu techniques she has spent a decade mastering.
Asian markets track Wall St selloff as Trump-fuelled economy fears build
Asian markets tumbled Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as Donald Trump presses ahead with his global trade war and federal jobs cuts.
Indian artisans keep traditional toymaking alive
The whirr of machines and smell of carved wood hangs in the air of the Indian toy workshop, a centuries-old art form still in the game despite cheaper plastic alternatives.
abrdn Japan Equity Fund, Inc. (“JEQ”) Announces A Proposed Merger Into abrdn Global Infrastructure Income Fund (“ASGI”) And A Conditional Tender Offer
PHILADELPHIA, PA / ACCESS Newswire / March 11, 2025 / The Boards of Trustees/Directors of abrdn Japan Equity Fund, Inc. (NYSE:JEQ) (the "Acquired Fund") and abrdn Global Infrastructure Income Fund (NYSE:ASGI) (the "Acquiring Fund") announce today that each have approved the merger of JEQ into ASGI (the "Reorganization"). The proposed Reorganization is subject to the receipt of necessary Acquired Fund shareholder approvals.
Curve Energy Corp. And Lot 49 Capital Corp. Sign Definitive Agreement for Amalgamation and TSX Venture Listing
VANCOUVER, BC / ACCESS Newswire / March 11, 2025 / Curve Energy Corp. (the "Company" or "Curve") and Lot 49 Capital Corp. ("Lot 49") are pleased to announce that they have entered into a definitive agreement (the "Definitive Agreement") to combine the two companies (the "Transaction") which will constitute a reverse takeover transaction ("RTO") of Lot 49. The Transaction is structured to facilitate the listing of the combined entity on the TSX Venture Exchange ("TSXV").
Gryphon Digital Concludes Legal Dispute with Sphere 3D Corp.
LAS VEGAS, NV / ACCESS Newswire / March 11, 2025 / Gryphon Digital Mining, Inc. (NASDAQ:GRYP) ("Gryphon" or the "Company"), an innovative venture in the bitcoin and AI space dedicated to helping bring digital assets to the market, entered into a settlement and release agreement (the "Settlement Agreement") with Sphere 3D Corp. ("Sphere") on mutually acceptable terms. No payments were made under the Settlement Agreement, which fully resolves all pending litigation between Gryphon and Sphere, and provides for a full release of Gryphon from any known or unknown and unsuspected claims.
Bar Harbor Bankshares Expands Presence in New Hampshire through a Merger with Guaranty Bancorp, Inc.
BAR HARBOR, ME AND WOODSVILLE, NH / ACCESS Newswire / March 11, 2025 / Bar Harbor Bankshares (NYSE MKT:BHB) (or "Bar Harbor") and Guaranty Bancorp, Inc. (OTC:GUAA) (or "Guaranty") today announced that they have signed a definitive merger agreement pursuant to which Bar Harbor will acquire Guaranty in an all-stock transaction valued at approximately $41.6 million, or approximately $56.94 per share.
The Eastern Company Reports Fourth Quarter and Full Year 2024 Results
Net sales from continuing operations of $66.7 million in Q4 2024 compared to $63.8 million in Q4 2023.Net sales from continuing operations of $272.8 million in FY 2024 compared to $258.9 million in FY 2023.Income from continuing operations before income tax of $17.1 million in FY 2024 compared to $15.1 million in FY 2023.Net income from continuing operations of $13.2 million, or $2.13 per diluted share, in FY 2024 compared to $11.8 million, or $1.88 per diluted share in FY 2023.Adjusted EBITDA from continuing operations of $27.1 million in FY 2024 compared to $25.4 million in FY 2023Backlog of $89.2 million as of December 28, 2024 compared to $77.1 million as of December 30, 2023.
Sadot Group Inc. Reports Fourth Quarter and Full Year 2024 Results
Q4 Net Income increases to $0.7 million and EBITDA rises to $2.2 millionCompany delivers FY 2024 Net Income of $4.0 million while reaching $8.9 million of EBITDA
Gladstone Investment Corporation Exits Its Investment in Nocturne Luxury Villas
MCLEAN, VA / ACCESS Newswire / March 11, 2025 / Gladstone Investment Corporation (NASDAQ:GAIN) ("Gladstone Investment") announced today the sale of its portfolio company Nocturne Luxury Villas, Inc. ("Nocturne" or the "Company") to an affiliate of Calera Capital. As a result of this transaction, Gladstone Investment received full repayment of its debt investment and realized a significant capital gain on its equity investment. Gladstone Investment formed Nocturne in partnership with Aureus Capital, LLC ("Aureus") in 2021.
abrdn Emerging Markets Ex-China Fund, Inc. (AEF) Announces Distribution Payment Details
PHILADELPHIA, PA / ACCESS Newswire / March 11, 2025 / abrdn Emerging Markets ex-China Fund, Inc. (NYSE American:AEF), (the "Fund"), a closed-end fund, announced today details of the first distribution under the increased 10% rate. The Fund will pay the $0.15 distribution indicated on a per share basis on March 31, 2025, to all shareholders of record as of March 25, 2025 (ex-dividend date March 25, 2025).
Legacy Group Capital Hires Fintech Veteran as Vice-President of Engineering and Product
BELLEVUE, WA / ACCESS Newswire / March 11, 2025 / Legacy Group Capital, an innovative real estate company with 20 years of profitable growth, has hired Kyle Lamy as Vice-President of Engineering and Product. Lamy has had a storied career in software development and engineering leadership including time with Maxwell, a leading mortgage technology company. He brings 20 years of experience in innovation, team leadership, and product-market optimization to Legacy.
D. Boral Capital Served as Exclusive Placement Agent to Plus Therapeutics, Inc. (Nasdaq:PSTV) in Connection with its up to $15.0 Million Private Placement
HOUSTON, TX / ACCESS Newswire / March 11, 2025 / On March 4th, Plus Therapeutics, Inc. (Nasdaq:PSTV) (the "Company"), a clinical-stage pharmaceutical company developing targeted radiotherapeutics with advanced platform technologies for central nervous system (CNS) cancers, announced the pricing of a private placement with gross proceeds to the Company expected to be approximately $15.0 million.
Levanta Tu Voz Explores What's Driving California’s High Gas Prices
Revealing the Hidden Costs and Demanding Fairer, More Affordable Solutions
Supercharge Your Retirement Savings with Annuities
People in their 50s or older in particular can boost savings with tax deferral and/or create their own pension. Rates are up on AnnuityAdvantage.com.
New Research from The Wise Marketer and Engage People Reveals 90% of Consumers Are Willing to Switch Brands for Better Rewards
Findings highlight top factors driving brand loyalty, with financial rewards noted as key incentives; 78% of consumers would engage more if ‘Pay with Points' was offered
Formerra Introduces Formerra+ Upgraded Ecommerce Site to Optimize Customer Experience
Formerra+™ delivers a faster, smarter, and more seamless way to do business with enhanced product search, intuitive navigation, and powerful management tools.
Boston-Based Fashion Stylist Tara West and Family Launch Foundation to Aid Los Angeles Wildfire Victims
LOS ANGELES, CA / ACCESS Newswire / March 11, 2025 / Renowned Boston-based fashion stylist Tara West in partnership with five Los Angeles-based and charitably recognized family members, aged 19-75, have launched a foundation dedicated to helping victims of the devastating Los Angeles wildfires rebuild their lives and reclaim their sense of normalcy. The National Disaster Lifestyle Recovery Foundation, NDLRF, will provide resources such as wardrobe rehabilitation, home furnishings and other lifestyle rehabilitation services as a pathway for individuals and families affected by the wildfires to regain stability and return to their previous lifestyles.
Eagle Energy Partners Appoints Chris Jarvis as Interim CEO and CFO
PLANO, TX / ACCESS Newswire / March 11, 2025 / Eagle Energy Partners ("EEP" or the "Company") today announced the appointment of Mr. Chris Jarvis, CFA, CMT, MBA as Interim Chief Executive Officer (CEO) and Chief Financial Officer (CFO), effective immediately. Mr. Jarvis succeeds Mr. Jeremy A. Paul, who is stepping down from his role.
Virtual Investor Releases Next Wave of "Top 5 for '25" On-Demand Videos
- Access video webcasts from all participating companies here
PEDEVCO Provides Permian Basin Operational Update
HOUSTON, TX / ACCESS Newswire / March 11, 2025 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO") provided an operational update today on the completion of drilling of four gross (two net) new horizontal San Andres wells in its core Chaveroo Field in the Permian Basin. The wells were all drilled on time and under budget. The Company plans to complete the wells in early Q2 2025, with first production anticipated to commence in mid-Q2 2025.
Sibannac Expands into Booming $1.4 Trillion Wellness Tourism Market with Starwalker Journeys
SCOTTSDALE, AZ / ACCESS Newswire / March 11, 2025 / Sibannac, Inc. (OTC PINK:SNNC), a Nevada corporation (the "company"), is strategically expanding into the high-growth wellness tourism sector with its Starwalker Journeys-a series of luxury, transformational retreats combining consciousness exploration, psychedelic wellness, and curated travel experiences. Partnering with William Henry , investigative mythologist and Ancient Aliens host, Sibannac is poised to lead the next wave of high-end wellness retreats.
Global Industrial Company to Showcase Industrial Equipment Innovations at ProMat 2025
-Introduces Recirculating Water Auto Ride-On Floor Scrubber and Electric Pallet Jack-
Social Detention Inc. (SODE) Fortifies ECO Friendly Water Pollution Control and Playground Equipment Portfolio with Acquisition of EF Supply Inc.
ALAMO, CA / ACCESS Newswire / March 11, 2025 / Social Detention Inc. is pleased to announce the acquisition of EF Supply Inc. The stock purchase agreement was executed on 3/4/25 for 100% of EF Supply Inc. stock in exchange for restricted equity shares in Social Detention Inc. We anticipate the deal closing in Q1 of this year.
Fast & Easy Caribbean Citizenship by Investment: Top Programs Unveiled
TORONTO, ON / ACCESS Newswire / March 11, 2025 / Caribbean Citizenship by Investment (CBI) programs offer one of the fastest ways to secure a second passport without relocation. These government-backed programs provide visa-free travel to 140+ countries, tax benefits, and global mobility.