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(Bloomberg) — Tropicana Brands Group, facing a liquidity crunch as juice sales lag, is considering competing offers for a cash injection from new lenders and holders of its existing debt, according to people with knowledge of the situation. Most Read from Bloomberg A loan offer from TPG Angelo Gordon is on the table, said the people, who asked not to be named citing private talks. Some existing lenders to PAI Partners-controlled Tropicana are also in talks with the juice maker about a proposed debt fix that entails new financing and a restructuring of existing liabilities, the people added. Those creditors…
We recently compiled a list of the 11 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Autodesk, Inc. (NASDAQ:ADSK) stands against the other AI stocks. The rise of artificial intelligence (AI) is driving significant growth in the data center market. Analysts predict that the demand for data center capacity to support AI workloads will increase significantly due to factors like growing computing power requirements. The need to process large amounts of data and the growing adoption of AI applications across various industries should accelerate the growth. Likewise, Fortune…
(Bloomberg) — Chinese electric vehicle maker BYD Co. raised HK$43.5 billion ($5.6 billion) in Hong Kong’s biggest share sale in nearly four years. Most Read from Bloomberg The company sold 129.8 million shares at HK$335.20 each, according to terms of the deal, confirming an earlier Bloomberg News report. The price represents a 7.8% discount to Monday’s close in Hong Kong and sits at the lower end of the deal’s marketed price range. Shenzhen-based BYD’s offering was enlarged by 10% from the 118 million shares it had originally offered, Bloomberg calculations show. The stock fell 7.5% in early trading Tuesday. The…
We recently compiled a list of the 11 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Accenture plc (NYSE:ACN) stands against the other AI stocks. The rise of artificial intelligence (AI) is driving significant growth in the data center market. Analysts predict that the demand for data center capacity to support AI workloads will increase significantly due to factors like growing computing power requirements. The need to process large amounts of data and the growing adoption of AI applications across various industries should accelerate the growth. Likewise, Fortune…
We recently compiled a list of the 11 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Snowflake Inc. (NYSE:SNOW) stands against the other AI stocks. The rise of artificial intelligence (AI) is driving significant growth in the data center market. Analysts predict that the demand for data center capacity to support AI workloads will increase significantly due to factors like growing computing power requirements. The need to process large amounts of data and the growing adoption of AI applications across various industries should accelerate the growth. Likewise, Fortune…
As 25% tariffs on imports from Mexico and Canada are set to take effect on Tuesday, Hispanic-owned businesses and companies that depend on cross-border trade are already passing higher prices onto consumers and preparing to sharply reduce imports. The prospect of a North American trade war has already thrown the global economy into turmoil, with consumer confidence tumbling, inflation worsening and the auto sector and other domestic manufacturers bracing for a downturn. Trump dismissed concerns that tariffs are largely paid for by consumers through higher prices, saying: “It’s a myth.” It is possible for a stronger U.S. dollar to offset…
Shanghai, China–(Newsfile Corp. – March 3, 2025) – From July 16 to 18, 2025, the 12th Aviation Power and Gas Turbine Focus Conference and Exhibition (GTF2025) will be held at the Shanghai World Expo Exhibition & Convention Center. Against the backdrop of resource shortages, and market volatility, GTF2025 will serve as a key platform for the aviation power and gas turbine industries to explore supply chain resilience and sustainable development. GTF2025 will cover key areas such as aviation engines, gas turbines, natural gas power generation, and low-altitude flight applications. The event will attract leading international companies, including Aerospace engine and…
(Bloomberg) — The Canadian dollar and Mexican peso slumped after President Donald Trump affirmed the launch of 25% tariffs on products from both nations beginning Tuesday, the latest in a string of trade announcements from the administration that have buffeted investors in the $7.5 trillion-a-day foreign-exchange market. Most Read from Bloomberg The loonie dropped as much as 0.6% to 1.4542 and the peso slid 0.9% to 20.75 against the US dollar on Monday, touching the weakest levels since Trump’s previous tariff deadline — for early February — caused traders to sell the Canadian and Mexican currencies. The Bloomberg Dollar Spot…
(Bloomberg) — Supply Lines is a daily newsletter that tracks global trade. Sign up here. Most Read from Bloomberg President Donald Trump said the US would impose tariffs on “external” agricultural products starting on April 2, adding another layer of threats to impose trade barriers on imported goods. “To the Great Farmers of the United States: Get ready to start making a lot of agricultural product to be sold INSIDE of the United States. Tariffs will go on external product on April 2nd. Have fun!” the president said Monday in a social media post. The move comes just as US…
Joint News Release Graycliff Exploration Limited and Emergent Waste Solutions Inc. Toronto, Ontario–(Newsfile Corp. – March 3, 2025) – Graycliff Exploration Limited (CSE: GRAY) (OTC Pink: GRYCF) (“Graycliff”), symbol GRAY on Canadian Securities Exchange (“CSE”) and Emergent Waste Solutions (“Emergent” or EWS”) are pleased to announce that they have signed a non-binding Letter of Intent (“LOI”) for Graycliff to acquire 100% of EWS’ shares (the “Transaction”). The terms of the LOI to acquire 100% of EWS are as follows: EWS will advance a non-refundable exclusivity deposit of $25,000 to the Graycliff. EWS will complete an interim financing of $125,000, comprised…