Latest news with #Sur
Scottish Sun
3 hours ago
- Scottish Sun
Wife witnessed Scots gangsters being shot dead by masked hitman in horror assassination outside Spanish pub
THE 'wife' of one of the Scottish gangsters shot dead at a packed Costa del Sol Irish bar witnessed the horror attack, it emerged today. The unnamed woman was sitting beside her partner on the terrace of Monaghans Fuengirola when a masked man got out of a car that screeched to a halt outside and targeted his two victims. Advertisement 5 Ross Monaghan (L) and Eddie Lyons Jr (R) were gunned down on Saturday night 5 They were gunned down in a Mafia-style execution in front of terrified holiday makers at Monaghan's Credit: Solarpix Ross Monaghan, 43, and Eddie Lyons Jr, 46, have been named as the victims of the Mafia-style execution on Saturday night in front of terrified holidaymakers including families with children who had been watching the Champions League final together. Respected Malaga-based newspaper Sur reported today the witnesses included one of the men's partners. It also said one of the victims thought to be Lyons Jr was shot in the chest at close range without having a chance to react and died instantly - but the second target ran into the bar in a desperate escape attempt and was gunned down as staff and customers hid under tables and chairs. He is understood to have been shot at least four times in the chest and abdomen, dying despite attempts by police and paramedics to save his life before he could be taken to hospital. Advertisement The gunman, whose disguise is said to have included a hoodie partially covering his face, fled on foot before rejoining the accomplice who had driven him to the murder scene. Police have retraced part of their escape route to the old N-340 dual carriageway heading towards Benalmadena. Details about the make and colour of the getaway vehicle have not yet been released. Officers from an elite Spanish National Police Costa del Sol-based Anti-Drug and Organised Crime Unit UDYCO are heading the ongoing probe, although they are reporting to a local investigating judge coordinating the operation. Advertisement Court officials are expected to confirm later today a secrecy order has been placed on the investigation, preventing public officials from making detailed public comment. Such orders, called a 'secreto de sumario' in Spanish, are often placed on criminal probes especially in their infancy to protect investigations by limiting the number of people who have access to sensitive information. Crime lord Jamie 'Iceman' Stevenson GUILTY of running global drugs gang & importing £100m cocaine haul in banana boxes Some local reports point to witnesses identifying the shooter as a 'blond man' and investigators working on the theory British nationals are behind the gangland killing, but detectives have not commented. The National Police has confirmed two men were killed but declined to name them, saying in the force's only official statement so far:'Around midnight on Saturday an incident with firearms occurred in Fuengirola, specifically at an entertainment venue along the seafront. Advertisement 'Two males died as a result from gunshot wounds. 'The investigation is ongoing and no arrests have been made so far.' A British woman answered the phone at the Irish bar, said to be owned by Ross Monaghan, yesterday morning but said she had been told by the police not to make any comment. Spanish police confirmed today they had yet to make any arrests. Advertisement A spokesman for the National Police in Malaga covering Fuengirola said early this morning: 'The investigation is continuing into the fatal shooting of two men at a pub in Fuengirola, with nothing new at the moment.' Refuting claims yesterday by a government representative for the Malaga area that a third person had been hurt and was in hospital, the police spokesman said: 'There is no record of another person or people being injured.' Career criminal Monaghan, who fled Scotland for Spain after a failed attempt on his life outside a Glasgow primary school in 2017, was tried but acquitted over the murder of notorious Glasgow hood Kevin 'Gerbil' Carroll at an Asda car park in 2010. In August 2017 he and Eddie Lyons Jr, both members of the Lyons Glasgow crime family, were cleared of being involved in a brutal street attack on three men outside the Campsie bar in Bishopbriggs, East Dunbartonshire. Advertisement The shooting in Spain comes amid a violent gang war that has ripped through Scotland since March said to have started over a fallout over drugs. 5 The shooting comes amid a violent gang turf war in Scotland Credit: Solarpix 5 Monaghan was acquitted over the murder of notorious Glasgow hood Kevin 'Gerbil' Carroll in 2010 5 Monaghan fled to Spain after an attempt on his life Advertisement Saturday night's gun murders follow the fatal shooting nearly six weeks ago of a 32-year-old British man in nearby Calahonda a 15-minute drive from the Irish bar towards Marbella. He was shot dead around 8pm on April 21 in a professional hit as he headed back to his car after finishing a football match with friends. The killers fled in a getaway car that was later torched. Police are investigating the brutal assassination as a drug-related gang shooting but have yet to make any arrests. The victim has not been named but was known to come from Liverpool. Advertisement Reports at the time described the incident as the fourth shooting so far that month on the Costa del Sol, where rival gangs have increasingly used extreme violence to settle scores and a number of international mafias are known to have a base. Four days before the Calahonda shooting a 34-year-old man was rushed to the Costa del Sol Hospital in Marbella after being shot outside a nightclub in the famous Costa del Sol resort. Monaghans Fuengirola describes itself online as a place 'where you can relax and spend the day enjoying great home cooked meals on a sunny terrace and watch live sporting events.' It also bills itself as a 'family friendly sports bar and restaurant located in Torreblanca, Fuengirola opposite one of the area's most popular beaches.' Advertisement Torreblanca is to the east of Fuengirola town centre and a stone's throw from an area called Los Boliches.
Zawya
4 days ago
- Business
- Zawya
Oman: South Sharqiyah invites bids for sustainable tourism projects
Sur – South Sharqiyah has announced several tourism and development projects across its wilayats, inviting qualified companies and investors to take part in the bidding process. This is part of a broader strategy to enhance tourism infrastructure and stimulate local economic growth. Tenders issued by South Sharqiyah Governor's Office cover a range of infrastructure works aimed at improving public amenities and boosting visitor appeal. A key project includes construction of a waterfront in the Al Bar area of Sur, planned as a recreational hub to make use of the wilayat's coastal location along the Sea of Oman. Proposals are sought for a pedestrian walkway and public park in Jalan Bani Bu Hassan intended to create green spaces for residents and tourists. The project will support the goal of improving quality of life while promoting environmentally friendly leisure options. The Ras al Hadd waterfront, known for its ecological significance, is also part of the governorate's tender announcement. Home to endangered green turtles and pristine beaches, the area is being positioned as a potential site for sustainable tourism and conservation-linked investment. 'These projects reflect our commitment to harnessing the governorate's natural and cultural assets in a way that benefits both residents and visitors,' said an official at the Governor's Office. 'We are focused on sustainable, high-impact developments that support Oman Vision 2040 objectives, especially in terms of regional growth, private sector engagement and job creation.' According to the official, the developments are part of a long-term plan to promote South Sharqiyah's environmental and cultural features, encourage private sector participation and generate employment for local communities. © Apex Press and Publishing Provided by SyndiGate Media Inc. (
Yahoo
5 days ago
- Business
- Yahoo
This AI Stock Could See Big Gains – Why JPMorgan Is Bullish on Marvell (MRVL)
We recently published a list of . In this article, we are going to take a look at where Marvell Technology Inc. (NASDAQ:MRVL) stands against other AI stocks that are on analyst's radar today. On May 27, JPMorgan analyst Harlan Sur reiterated an 'Overweight' rating on Marvell Technology, Inc. (NASDAQ:MRVL) with a $130.00 price target. Heading into Thursday's earnings report, analyst Harlan Sur is optimistic about the company's quarterly performance. In particular, Sur anticipates a steady uptick in volume for its AI ASIC programs, robust demand for 800G products, and the initial ramp of 1.6T optical DSPs. These trends are in turn expected to drive cyclical recovery in its enterprise and carrier segments. April quarter results are projected to reach around $1.875 billion, and guidance for the July quarter is estimated to exceed $2.00 billion; both aligning with the firm's consensus estimates. One particular segment anticipated to demonstrate solid growth is the datacenter segment. Cyclical improvements and new product cycles will also positively benefit Marvell. An assembly line in a semiconductor factory, with workers at their stations. Sur also noted momentum in Marvell's custom ASIC partnerships. He highlighted Amazon's ongoing production ramp with the Trainium 2 AI XPU ASIC, the expected high-volume ramp of the Trainium 3 program in 2026, and also Marvell's Microsoft AI ASIC MAIA Gen 2 program, which is expected to ramp in the same year. The firm noted how the company's AI ASICs and networking revenues could reach $4 billion this year. Last but not least, Sur anticipates that Marvell's custom datacenter and AI ASIC pipeline, including SmartNIC/DPU ASIC chips and eSSD controller ASICs, will be key contributors to long-term growth. Overall, MRVL ranks 7th on our list of AI stocks that are on analyst's radar today. While we acknowledge the potential of MRVL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MRVL and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
6 days ago
- Business
- Yahoo
Why Marvell's AI Revenue Could Top $4 Billion By 2025, Analyst Explains
JP Morgan analyst Harlan Sur maintained an Overweight rating on Marvell Technology, Inc. (NASDAQ:MRVL) with a price forecast of $130 on Tuesday. This price forecast is based on Marvell's strong market leadership in optical connectivity, synergies with its Storage, Networking, and embedded processing franchises, and its solid growth outlook in AI/Networking, Sur asserted. Marvell will report earnings on Thursday, and Sur expects a continued volume ramp of Inc. (NASDAQ:AMZN) Trainium 2 ASIC and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Axion ARM CPU programs, strong demand for its 800G products, and the initial ramp of 1.6T optical DSPs, combined with a continued cyclical recovery in its enterprise and carrier the analyst expects April quarter results ($1.875 billion, up 3% Q/Q) and July quarter guidance ($2.00 billion+, 7% Q/Q) to be in line with Sur and consensus estimates, with solid data center growth led by its AI ASIC ramps, growth in 800G/1.6T AI optical shipments, 400ZR shipments, and HDD/SSD controllers. He noted that the remainder of its business should drive a Q/Q growth profile on cyclical improvements/new product cycles. Sur noted that Marvell's Microsoft Corp. (NASDAQ:MSFT) AI ASIC MAIA Gen 2-3nm program is on track to ramp in calendar year 2026. Marvell has also won the Gen 3 MAIA program and has already commenced early chip design activity, he stated. The analyst said that 800G PAM4 optical DSP orders and shipments remain solid within Marvell's optical business, with an increasing ramp of next-gen 1.6T DSP into the second half. Sur noted that Marvell is tracking to drive $4 billion in AI revenues this year (ASICs + networking), up 2x+ Y/Y, with a strong growth profile into calendar year 2026. In cyclical business, demand from enterprise networking (Cisco Systems, Inc. (NASDAQ: CSCO)) remains healthy, and demand for carrier infrastructure is stabilizing, as per Sur. In automotive, the divestiture of the auto business, expected to close in the calendar year 2025 ($225-$250 million revenue in the fiscal year 2026), is a revenue headwind but should be overall accretive to the Marvell's earnings power by $0.05-$0.10, the analyst said. More importantly, he noted the custom data center and AI ASIC pipeline are continuing to expand. Price Action: MRVL stock was trading higher by 5.69% to $64.15 at last check Tuesday. Read Next:Photo by JHVEPhoto via Shutterstock Date Firm Action From To Mar 2022 Susquehanna Maintains Positive Mar 2022 Summit Insights Group Downgrades Buy Hold Mar 2022 Morgan Stanley Maintains Equal-Weight View More Analyst Ratings for MRVL View the Latest Analyst Ratings Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? MARVELL TECH (MRVL): Free Stock Analysis Report This article Why Marvell's AI Revenue Could Top $4 Billion By 2025, Analyst Explains originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
6 days ago
- General
- Yahoo
Spectacular creature makes stunning comeback after decades of absence: 'Nature works miracles'
Something amazing just happened in southern Spain, and it's giving people hope. For the first time in over 30 years, a bearded vulture chick has hatched in the wild in Andalusia. That may sound like a small thing, but it's actually a huge step forward for wildlife baby bird is part of a slow but steady comeback for the bearded vulture, a species that vanished from the skies of Andalucía in the 1980s. Since then, scientists and local officials have been working to bring them 2006, the Junta de Andalucía and the Gypaetus Foundation launched a reintroduction program. Over the years, they've released about 90 bearded vultures into the wild, and now, nature is starting to take over fact that this chick was born in the wild and not in a lab or a breeding center shows that the species is slowly recovering. In fact, according to Sur in English, there were a total of 16 chicks boarded in the last years. That's thanks in part to the work being done at the Guadalentín Breeding Centre in Jaén, where experts carefully raise and care for vultures before releasing them into the does this matter? Bearded vultures are scavengers that mostly eat bones. That might sound weird, but it's super important. By cleaning up leftover animal remains, they help stop the spread of disease and keep ecosystems healthy (just like trees do).Their return also means good things for the people living nearby. A thriving bird population can bring more visitors to the area, like birdwatchers and hikers. That helps local businesses and encourages more support for protecting wild spaces. And this isn't just happening with bearded vultures in Spain. All over the world, we're seeing similar success stories like bison returning to European grasslands and backyard gardens helping save pollinators"The breeding programme in the wild is progressing favourably and nine locations have already confirmed eggs being laid," per Sur in English. "Nature works miracles and, if human hands can contribute ... the result is much more than feasible." These small (or maybe not that small) achievements help us understand that, when we help nature, it bounces back to give us some hope. Do you think America does a good job of protecting its natural beauty? Definitely Only in some areas No way I'm not sure Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
