Latest news with #KitRees
BBC News
19-05-2025
- BBC News
Hertfordshire pride bench set on fire replaced
A pride bench which was set on fire a month ago has been Police said they were investigating a suspected arson following the blaze in Windmill Hill, Hitchin, but added that "at this time all lines of enquiry have been exhausted and no suspect has been identified".A fundraising page set up by North Herts Pride raised over £2,000 to install the new Kit Rees, 26, said the huge amount of support they had received was "completely wild" and they were in talks to get more benches in North Herts. "We started off having picnics on Windmill Hill and we thought it was a good idea to put a bench there," they said."The bench is symbolic and acts as a safety beacon in a very visible location."We cannot ensure this [the bench being set on fire] won't happen again, but it is about trying to mitigate the hate as much as it is trying to replace it with love."Hertfordshire Police said that should any new information come to light about the incident, it will be acted upon accordingly. Follow Beds, Herts and Bucks news on BBC Sounds, Facebook, Instagram and X.
Yahoo
24-03-2025
- Business
- Yahoo
SAP Topples Novo to Become Europe's Biggest Listed Company
(Bloomberg) -- German software developer SAP SE unseated Danish weight-loss drug maker Novo Nordisk A/S as Europe's most-valuable public company. They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Chicago Transit Faces 'Doomsday Scenario,' Regional Agency Says LA Faces $1 Billion Budget Hole, Warns of Thousands of Layoffs New York Subway Ditches MetroCard After 32 Years for Tap-And-Go Despite Cost-Cutting Moves, Trump Plans to Remake DC in His Style Shares of SAP, which have been powered by growing investor optimism over its cloud-based software, rose as much as 2.3% on Monday, valuing it at about €317 billion ($344 billion). That tipped it past Novo Nordisk, whose shares have declined 16% this year due to disappointing trials of its next-generation weight-loss shot CagriSema. SAP shares have risen 42% in the past year, fueled by an accelerating pivot from traditional on-site servers to IT infrastructure on the cloud. That process has allowed the company to sell more lucrative products bundled with artificial intelligence features, boosting revenue growth. Analysts on average estimate SAP's sales will increase 12% this year. If achieved, that would mark the company's fastest annual growth rate in the past decade. Operating profits are expected to accelerate by even more, following a restructuring program announced in January 2024. SAP has been the biggest contributor to a 30% gain in the benchmark Stoxx 600 Index since the end of 2022, according to data compiled by Bloomberg. The stock rose more than 150% during that period and was responsible for about 8% of the index's advance. SAP's steady path higher contrasts with other European blue-chip firms that have faced challenges. ASML Holding NV has been grappling with weak orders at some of its key clients, as well as tightening restrictions over chip equipment exports to China. Novo Nordisk loses top spot in Europe after its shares roughly halved since reaching a record high in June. The stock received another blow on Monday after Intron Health analysts downgraded their recommendation to sell from buy. LVMH briefly held the title of Europe's biggest listed firm in January, only for its shares to slip back as part of a broader slide in luxury-goods stocks. --With assistance from Kit Rees and Lisa Pham. (Updates with Novo Nordisk downgrade in sixth paragraph, LVMH in seventh) A New 'China Shock' Is Destroying Jobs Around the World How TD Became America's Most Convenient Bank for Money Launderers Tesla's Gamble on MAGA Customers Won't Work One Man's Crypto Windfall Is Funding a $1 Billion Space Station Dream The Real Reason Trump Is Pushing 'Buy American' ©2025 Bloomberg L.P.
