Business News

https://www.tipranks.com/news/the-fly/rocket-lab-price-target-raised-to-30-from-25-at-roth-mkm Roth MKM raised the firm’s price target on Rocket Lab (RKLB) to $30 from $25 and keeps a Buy rating on the shares. The firm believes the pending Neutron inaugural launch in mid-2025 will represent “a significant catalyst,” particularly with the recent securing of the launch vehicle’s first lead customer contract. The firm expects … Read more

Peter Nicholls/Getty Images News Apple (NASDAQ:AAPL) plans to release iOS 18.2 in December, and its new Apple Intelligence features could determine the rate of the iPhone replacement cycle, according to Citi Research. While the exact date of the rollout is unknown, MacRumors believes the

Rep. Darrell Issa, R-Calif., on the Golden State’s election shift to the ‘center’ and prioritizing border security with mass deportations. The family of California Gov. Gavin Newsom acquired a multi-million-dollar home in a Marin County purchase early in November.  Local media outlets such as the San Francisco Standard and San Francisco Chronicle reported the purchase of … Read more

By James Davey, Muvija M LONDON (Reuters) -Struggling British supermarket Asda said on Saturday veteran retailer Allan Leighton would return as executive chairman, more than two decades after he served as CEO when he turned around the business before selling it to Walmart (NYSE:). Britain’s third largest grocer, now majority owned by private equity firm … Read more

In the early hours of November 6, as the result of the US presidential election was called, Elon Musk posted a picture of himself walking into the Oval Office carrying a heavy porcelain basin. The image showed him standing on the iconic plush blue carpet with the presidential seal, gold curtains in the background. The … Read more

https://www.tipranks.com/news/company-announcements/petrobras-to-distribute-r-20-billion-in-dividends Petroleo Brasileiro SA- Petrobras (PBR) has released an update. Petrobras has announced an extraordinary dividend payout of R$ 20 billion, approximately R$ 1.55 per share, which will be distributed to shareholders in December 2024. This decision aligns with the company’s Shareholder Remuneration Policy, ensuring financial sustainability while rewarding investors. Shareholders of Petrobras can expect … Read more

By Nidal al-Mughrabi CAIRO (Reuters) – Israeli military strikes across the Gaza Strip have killed at least 120 Palestinians over the last 48 hours and hit a hospital on the northern edge of the enclave, wounding medical staff and damaging equipment, Palestinian medics said on Saturday. Among the dead were seven members of one family … Read more

Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. To the Royal Academy’s weirdly untrumpeted Michelangelo, Leonardo and Raphael exhibition. You can stand in the courtyard and not tell it is going on. Shame. In the last room, with god knows what trick … Read more

https://www.tipranks.com/news/the-fly/eyenovia-taking-additional-actions-to-reduce-personnel-related-costs-by-over-70 Eyenovia (EYEN) announced that Avenue Capital Management has agreed to support a potential restructuring of Eyenovia’s Loan and Security Agreement and has agreed to defer principal and interest payments on its outstanding debt until the end of February 2025. Eyenovia also announced that it is taking additional actions that are intended to reduce the … Read more

By Olena Harmash KYIV (Reuters) – Ukraine has lost over 40% of the territory in Russia’s Kursk region that it rapidly seized in a surprise incursion in August as Russian forces have mounted waves of counter-assaults, a senior Ukrainian military source said. The source, who is on Ukraine’s General Staff, said Russia had deployed some … Read more