Latest news with #937
New Straits Times
4 days ago
- Business
- New Straits Times
Palm rises on strong rival oils, set for fourth weekly gain
KUALA LUMPUR: Malaysian palm oil futures opened higher on Friday, and were set for a fourth consecutive weekly gain, buoyed by stronger rival edible oils, but weaker crude oil prices capped the rise. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange added RM34, or 0.87 per cent, to RM3,937 (US$930.73) a metric ton in early trade. The contract has risen 1.11 per cent so far this week. FUNDAMENTALS Dalian's most-active soyoil contract rose 0.89 per cent, while its palm oil contract added 0.79 per cent. Soyoil prices on the Chicago Board of Trade (CBOT) gained 1.41 per cent. Palm oil tracks the price movements of rival edible oils as it competes for a share of the global vegetable oils market. Oil prices slipped but were on track for their first weekly gain in three weeks after US President Donald Trump and China's Xi Jinping resumed trade talks, raising hopes for growth and stronger demand in the world's two largest economies. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. The ringgit, palm's currency of trade, weakened 0.07 per cent against the dollar, making the commodity slightly cheaper for buyers holding foreign currencies. Chicago soybean extended its climb to the fourth straight session and was set for a weekly gain on expectations of improved US-China trade ties, fuelled by the phone call between the leaders of the two countries. Asian shares were subdued as investors hunkered down for the all-important US payrolls report, while Tesla suffered huge losses on the very public feud between Trump and billionaire Elon Musk.
The Sun
03-06-2025
- Automotive
- The Sun
Geely Unveils Galaxy A7 EM-i Plug-in Hybrid Sedan with Over 2,100km Driving Range
Geely has officially introduced the Galaxy A7 EM-i, a new plug-in hybrid sedan under its Galaxy sub-brand, aiming to combine high efficiency with extended range in a sleek, modern package. The car, which sits below the Galaxy Star 8 EM-i in the model hierarchy, enters the competitive mid-size sedan segment with a focus on affordability, practicality, and cutting-edge hybrid technology. The Galaxy A7 EM-i promises exceptional fuel economy, consuming just over 2 litres per 100km when running on petrol alone. With its hybrid powertrain, the car is capable of achieving a total driving range of more than 2,100km under certain configurations, according to Geely's internal testing. Designed to appeal to budget-conscious consumers, the model is expected to be priced around 100,000 yuan (RM58,937), positioning it as a compelling option in the growing plug-in hybrid market. Stylistically, the A7 EM-i reflects a strong contemporary aesthetic. A wide LED light bar stretches across the front fascia, linking angular headlamps that give the car an assertive stance. Aggressive lower air intakes reinforce the sporty feel, while the bodywork incorporates sculpted sides and turbine-inspired alloy wheels. Gloss black trim around the windows and a clean rear profile — highlighted by a full-width taillight and subtle ducktail spoiler — round off the striking exterior. Unlike some modern rivals, Geely retains traditional door handles, prioritising practicality over novelty. Inside, the A7 EM-i features a redesigned cabin that blends digital sophistication with ergonomic usability. The dashboard includes a dual-spoke multifunction steering wheel, a prominent digital instrument panel, and a floating central touchscreen infotainment system. Practical elements remain, with rotary media controls, physical climate control buttons, and cleverly concealed cupholders all contributing to user convenience. Under the bonnet, the A7 EM-i utilises a 1.5-litre petrol engine delivering 112hp, working in tandem with an electric motor. While Geely has not released full performance specifications, it is widely expected that the A7 EM-i will share its drivetrain architecture with the larger Star 8 EM-i, which combines a 238hp electric motor with a single-speed DHT transmission and offers a total system output of up to 350hp. Two electric-only variants will be available, with driving ranges of either 60km or 130km on the China Light-Duty Vehicle Test Cycle (CLTC). Depending on the selected battery configuration, the total range reaches up to 1,600 km, with one high-capacity version reportedly capable of surpassing 2,100km — an impressive figure in the hybrid category. Geely is expected to confirm final pricing and the official launch date of the Galaxy A7 EM-i in the coming weeks, as anticipation builds around this new contender in the plug-in hybrid market.
Business Insider
28-05-2025
- Business
- Business Insider
Closing Bell Movers: Okta slips 12% despite earnings beat
In the opening hour of the evening session, U.S. equity futures are little changed, with S&P 500 at 5,937, Nasdaq 100 at 21,462, and Dow Industrials up a marginal 0.1% at 42,442. In energy, WTI Crude is up slightly above $61 per barrel while Gold is off Tuesday's lows at $3,300. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Stocks staged a broad based rally upon returning from Memorial Day holiday, erasing nearly all of last week's correction, as President Trump again backed away from threatening Europe with a trade war starting next month. Treasury yields also retreated as inflation fears abated, while investors further cheered a much better Consumer Confidence readout from the Conference Board, boosting shares of Cyclicals. Airlines and Cruise stocks were especially strong performers within the S&P. In this evening's earnings, cybersecurity name Okta traded down by over 10% despite a beat on Q1 earnings and a lift in guidance as the management signaled 'potential risks related to the uncertain economic environment for the remainder of FY26.' Tomorrow, afterhours results out of Nvidia mark the book-end to the Mag-7 earnings season, while Software investors will also watch the quarterly update from Salesforce. Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGS – Vail Resorts (MTN) up 10.4% Box (BOX) up 10.4% ALSO HIGHER – Brooge Energy (BROG) up 83.4% after $884M asset sale to Gulf Navigation Holding Joby (JOBY) up 3.9% as Toyota closes $250M investment DOWN AFTER EARNINGS – Okta (OKTA) down 12.1% Semtech Corporation (SMTC) down 2.1% ALSO LOWER –
Daily Tribune
19-05-2025
- Health
- Daily Tribune
BD16.67mln spent on outsourced staff for hospitals and health centres
Twenty companies are supplying 1,430 workers including cleaners, barbers and programmers to Bahrain's hospitals and health centres under contracts worth a combined BD16.67 million, the Ministry of Health has said. The work is spread over 24 agreements signed by government hospitals and primary care centres, covering everything from security and transport to gardening and IT support. Funding comes from Chapter Two of each entity's budget. In a reply to a question by MP Khalid Buanaq, Her Excellency Dr Jaleela bint Al Sayed, the Minister of Health, said the contracts followed the separation of healthcare bodies from the ministry as part of a wider shift to give hospitals and clinics more say in their own dayto-day operations. Each body is now able to make its own arrangements so long as it sticks to the public tender law, its executive rules and the state's financial rulebook. Hospitals signed 13 contracts with nine companies to supply 1,008 workers. The largest of these was a BD3.705 million deal for cleaning Salmaniya Medical Complex. Other sums included BD563,612 for cleaning services at Jidhafs Maternity Hospital and several health centres, BD646,937 for administrative offices, BD34,584 for the Psychiatric Hospital and BD9,900 for Muharraq Special Healthcare Centre. Transport work was covered by a BD192,000 deal for 21 drivers. Laundry duties were filled under a BD327,000 contract for 29 staff.
Yahoo
15-05-2025
- Business
- Yahoo
GoldMining Announces Voting Results
VANCOUVER, BC, May 15, 2025 /PRNewswire/ - GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD) (NYSE: GLDG) is pleased to announce that at its annual general and special meeting held on May 15, 2025 (the "Meeting"), all nominees listed in its management information circular dated March 28, 2025 were elected as directors of the Company. A quorum of 34.08% of the votes attached to the outstanding shares of the Company was present in person or by proxy at the Meeting. Each of the following six nominees proposed by management was elected as a director. The results of such vote were as follows: DirectorTotal Votes For Total Votes % of Votes ForAmir Adnani34,839,937 37,694,614 92.43 %David Garofalo34,858,376 37,694,614 92.48 %David Kong34,830,097 37,694,613 92.40 %Gloria Ballesta33,925,870 37,694,615 90.00 %Mario Bernardo Garnero34,043,166 37,694,613 90.31 %Anna Tudela33,981,301 37,694,613 90.15 %In addition, at the Meeting, shareholders approved: (i) the appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the Company's auditor for the ensuing year and the authorization of the board to fix the auditor's remuneration; (ii) the unallocated options issuable under the Stock Option Plan; and (iii) the Amended and Restated Restricted Share Plan of the Company. Detailed voting results for the Meeting are available on SEDAR+ at About GoldMining Inc. The Company is a public mineral exploration company focused on the acquisition and development of gold assets in the Americas. Through its disciplined acquisition strategy, the Company now controls a diversified portfolio of resource-stage gold and gold-copper projects and strategic investments in Canada, U.S.A., Brazil, Colombia, and Peru. The Company also owns approximately 21.5 million shares of Gold Royalty Corp. (NYSE American: GROY), 9.9 million shares of U.S. GoldMining Inc. (Nasdaq: USGO), and 26.2 million shares of NevGold Corp. (TSXV: NAU). See for additional information. View original content to download multimedia: SOURCE GoldMining Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
