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lebron james media company merges with kardashians producer fulwell 73

LeBron James" SpringHill Co. is set to merge with Fulwell 73, a collaboration aimed at enhancing their competitive edge in a challenging entertainment landscape. The deal, which has been in negotiation for months, is expected to finalize by year-end, with investors including Nike, Epic Games, and Fenway Sports Group contributing an additional $40 million.
bloomberg.com
Epic Games Inc. NIKE, Inc. Fenway Sports Group Epic Games Inc. LeBron James Show more
Finance & Economy, News Article
14:00 18.11.2024

Pentagon increases investment in commercial space amid procurement challenges

The Pentagon is significantly increasing its investment in commercial space, committing $13 billion to low-Earth orbit satellite services through the PLEO contract, which allows vendors more flexibility. However, challenges persist due to entrenched procurement practices and a lack of clear military demand signals, hindering the integration of commercial technology. To bridge this gap, Space Force officials are engaging with venture capitalists and exploring strategies like "anchor tenancy" to foster innovation while maintaining operational control.
SpaceNews
United States Dollar Airbus USA Debra D. Facktor Frank Calvelli Dave Thompson Sam Wilson Jonny Dyer Show more
Technology & Innovation, News Article
14:00 18.11.2024

Sri Lankan president retains key cabinet positions after historic election victory

Sri Lankan President Anura Kumara Dissanayake retained the finance and defense portfolios while administering the oath of office to 21 cabinet ministers following his coalition"s historic supermajority in the recent parliamentary election. Harini Amarasuriya was reappointed as prime minister, and Vijitha Herath will serve as both foreign minister and head of the tourism ministry.
bloomberg.com
Apple Inc. LKA Anura Kumara Dissanayake Harini Amarasuriya Vijitha Herath Show more
Finance & Economy, News Article
13:59 18.11.2024

global telemedicine equipment market projected to reach 11.25 billion by 2028

The telemedicine equipment market is projected to grow from $5.92 billion in 2024 to $11.25 billion by 2033, with a CAGR of 17.4%. Key drivers include the rising prevalence of infectious diseases, which necessitate remote healthcare solutions. North America led the market in 2023, with significant developments such as a strategic partnership between Rudolf Riester GmbH and Docs in Clouds TeleCare GmbH to enhance telehealth services.
WhaTech
International Business Machines Corporation Koninklijke Philips N.V. Medtronic plc Resideo Technologies, Inc. Allscripts Healthcare Solutions Inc. CAN GBR IDN FRA ITA JPN AUS KOR CHN DEU RUS USA BRA ESP IND Rudolf Riester GmbH Docs in Clouds TeleCare GmbH Rudolf Riester Show more
Healthcare, Market Report
13:57 18.11.2024

climate fund struggles to deliver aid to vulnerable nations after two years

A €350 million program aimed at assisting vulnerable nations with climate disaster costs has only disbursed €5.2 million in two years. Launched at the 2022 UN climate talks, the Global Shield has faced delays, with only Ghana receiving funding for drought insurance, raising concerns about developed nations" commitment to climate finance.
bloomberg.com
United States Dollar Euro Global Shield African Risk Capacity PAK DEU GHA MDG Rabevohitra Bako Nirina Astrid Zwick Harjeet Singh Show more
Finance & Economy, News Article
13:55 18.11.2024

Finance Minister calls for more affordable bank interest rates to boost industry

Finance Minister Nirmala Sitharaman emphasized the need for more affordable bank interest rates to alleviate the stress of borrowing, particularly as industries aim to expand and build capacities. Currently, the Reserve Bank of India"s repo rate stands at 6.50 percent, unchanged for the last ten monetary policies, with a recent shift to a neutral stance from withdrawal of accommodation.
Moneycontrol
United States Dollar SBI IND Reserve Bank of India Nirmala Sitharaman
Finance & Economy, News Article
13:54 18.11.2024

growth of robotic process automation in healthcare market projected to reach 346 billion by 2028

The robotic process automation (RPA) market in healthcare is projected to grow from $1.97 billion in 2024 to $3.46 billion by 2033, with a CAGR of 15.1%. Key drivers include the increasing adoption of electronic health records (EHR), which enhances data management and patient care efficiency. North America leads the market, with significant contributions from major players like IBM and UiPath.
WhaTech
NICE Ltd. Blue Prism Group Plc International Business Machines Corporation SS&C Technologies Holdings, Inc. Pegasystems Inc. CAN GBR IDN FRA ITA JPN AUS KOR DEU CHN RUS USA BRA ESP IND NICE Ltd. International Business Machines Corporation Thoughtonomy Limited EnterBridge SS&C Technologies Holdings Acquires Blue Prism To Enhance Healthcare Services Offerings Show more
Technology & Innovation, Market Report
13:52 18.11.2024

Arisinfra Solutions secures SEBI approval for 580 crore IPO launch

Arisinfra Solutions has received SEBI approval to launch its initial public offering, aiming to raise Rs 579.6 crore, slightly down from the previously planned Rs 600 crore. The Mumbai-based construction materials supplier can proceed with its IPO within a year following the observation letter issued on November 13. The offering will consist solely of fresh issues, with no offer-for-sale component, and may include a pre-IPO placement of Rs 115.92 crore, which would reduce the fresh issue size accordingly.
Moneycontrol
Indian Rupee Arisinfra Solutions Ltd. IND
Finance & Economy, Market Report
13:50 18.11.2024

EIB plans increased investment in asset-backed securities under new EU presidency

The European Investment Bank is set to increase its investment in the asset-backed securities market as reforms are implemented under Poland"s EU presidency. Vice President Gelsomina Vigliotti emphasized the importance of advancing the capital markets union to enhance Europe"s financing infrastructure.
bloomberg.com
Euro European Investment Bank POL Gelsomina Vigliotti
Finance & Economy, Market Report
13:48 18.11.2024

xiaomi unit invests in sf holding"s upcoming hong kong share sale

A unit of Xiaomi Corp. is reportedly a cornerstone investor in SF Holding Co."s upcoming Hong Kong share sale, which aims to raise approximately $800 million. SF Holding, China"s largest express-delivery company, is set to begin taking investor orders as early as Tuesday.
bloomberg.com
United States Dollar Xiaomi Corporation SFC Holdings Co., Ltd. HKG CHN
Finance & Economy, Market Report
13:46 18.11.2024
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