Reporter Zhao Caizhou/Comprehensive Report
Apple held its latest press conference with the theme “Let Loose” on the 7th It was also Apple’s first official press conference this year The press conference was broadcast live on the official website and YouTube In addition to release of iPad Pro, new iPad In addition to the Air 2024 model, there is also a pressure-sensing Apple Pencil and smart keyboard accessories that are worth looking forward to.
Apple announced the latest iPad Pro and iPad models and prices at its latest press conference on the 7th The iPad Air has 11-inch and 13-inch screens, and the capacity is 128GB, 256 GB, 512 GB and 1TB of You can choose from space grey, blue, purple and starlight colours.
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The iPad Pro is equipped with a new M4 chip and is available in 11-inch and 13-inch screens However, Apple has greatly reduced the thickness of the body The 11-inch model is only 5.3mm thick and the 13-inch model is only 5.1mm thick,
Asian Stock Markets With Growth Today 2024-05-07 14:30:12
Asian stock markets mostly rose in today’s trade, following last night’s example on Wall Street, as an exception to the trend are the stock markets in China, BTA reported.
Japan’s Nikkei 225, opening today after a national holiday, jumped 1.5 percent to 38,784.91 points and South Korea’s Kospi rose 1.9 percent to 2,728.05 points.
Australia’s S&P/ASX added 0.7 percent to 7,739.00, Taiwan’s Taiex rose 0.3 percent and India’s Sensex was unchanged as the country enters the third phase of a long parliamentary election.
However, Hong Kong’s Hang Seng and Shanghai Composite lost 0.9 and 0.1 percent to 18,420.38 and 3,136.62 points, respectively, as the latest data on travel, retail and property sales showed the country’s economy remained shaky. .
In currency markets, the US dollar rose to 154.49 yen from 153.90 yen. The euro traded unchanged at $1.0769.
Last night, Wall Street closed confidently in the green.
The Dow Jones industrial average added 176.59 points, or 0.46 percent, to 38,852.27.
The broader Standard & Poor’s 500 rose 52.95 points, or 1.03 percent, to 5,180.74.
The tech-heavy Nasdaq gained 192.92 points, or 1.19 percent, to 16,349.25.
Exploring Opportunities: Private Equity Firms Eyeing Peloton For…
Firms Strategize to Reduce Peloton’s Operating Expenses
Peloton recently unveiled a comprehensive restructuring plan aimed at slashing its annual expenses by over $200 million by the conclusion of fiscal 2025. This move is part of an effort to make the company more appealing for potential buyouts.
Market Response to Peloton’s Restructuring
Following the announcement of the restructuring plan, Peloton’s stock surged by more than 17% during premarket trading after CNBC’s report went public.
Peloton’s Potential Buyout and Public Status
While discussions about a potential buyout are ongoing, there is no certainty that a deal will materialize, and Peloton may opt to remain a publicly traded entity. The confidentiality of these talks has been emphasized by individuals familiar with the matter.
Debt and Refinancing Strategy
Peloton’s debt obligations, totaling approximately $1.7 billion as of March 31, have been a significant burden. The company is actively collaborating with JPMorgan and Goldman Sachs to devise a refinancing strategy aimed at deleveraging and extending maturities at a reasonable cost of capital.
Challenges Faced by Peloton
Peloton, once valued at $49.3 billion in January 2021, has seen its market capitalization plummet to around $1.3 billion. The company’s core business of subscription services has been profitable,
Alejandra Mustakis Opened Entrepreneurship Week The Discussion 2024-05-07…
The inauguration of Entrepreneurship Week, carried out by Inacap Chillán, took place at the Municipal Theater of Chillán. This event brought together everyone from entrepreneurs to students, in order to promote entrepreneurship and strengthen ties between the productive sector and the educational community of Ñuble. The inauguration was marked by the inspiring talk “Believe and Create in Chile” offered by Alejandra Mustakis, a prominent national businesswoman, who shared her experiences and vision about entrepreneurship opportunities in the country.
Entrepreneurship Week considers a series of activities that will last until Friday, such as talks, workshops and fairs, aimed at all audiences and free of charge.
The opening included the words of Christian Landerretche, vice-rector of Inacap, who highlighted the importance of initiatives for development and collaboration between the educational field and the productive sector, indicating that “at Inacap we propose to transform ourselves into a solid pillar to build in Ñuble the necessary ecosystem that leads us to provide more and better opportunities to current and future entrepreneurs who want to make their dreams come true by making available both the educational model and the entrepreneurial environment that Inacap provides through its CoWork Network, FabLab, Factory 4.0,
ROAD INFRASTRUCTURE The Repair Of The RN13 Ihosy-Betroka…
The Ihosy-Betroka axis should be rehabilitated shortly. The company to which the contract for the repair of this 118 km portion of the RN13 linking the Ihorombe region to the Anosy and Androy regions is awarded, is awaiting start-up funds to be able to start and install a life base. According to explanations from a source at the Ministry of Public Works, the work to be undertaken consists, initially, of rehabilitating the current dirt track by providing selected materials. Structures such as scuppers and rafts are also planned in the earthworks. The renovation will be carried out under the State’s own internal financing (RPI). The source specifies that the possible asphalting is still awaiting other sources of financing. A ceremony requesting blessing for the work to be carried out with notables from the Ihorombe region and representatives of residents along the Ihosy-Betroka axis took place in Ikalamainty, at the junction on the RN7 leading towards Betroka. On the other hand, there are no details yet on the rehabilitation of the Betroka-Ambovombe portion, in the Androy region, forming the loop of this part of the RN13, which has long been in poor condition.
MiotiSoa Mare
Bata Shoe Factory In Purwakarta Closes, Employees Say…
PT Shoes Bata Tbk stated that the factory closure will be carried out on April 30 2024. PHOTO/Illustration
JAKARTA – The Bata brand shoe factory located in Purwakarta was closed due to continuing losses. In a viral post on social media, on the last day hundreds of factory workers were recorded flocking to leave the factory where they had been earning their living.
Hundreds of workers were seen walking outside the factory while still wearing red factory uniforms with Bata written on the back. The video recorder was seen saying goodbye several times. “Goodbye Bata. Goodbye Bata,” he said as uploaded by the Instagram account @Jabodetabek24info.
In the description of the post, it is written that the operation of the Bata factory in Purwakarta was stopped because the company suffered losses. It was stated that consumer demand for Bata shoe products from the factory continued to decline.
Quoting the official statement from Corporate Secretary Bata Hatta Tutuko from the information disclosure on Saturday (4/5/2024), it was revealed that the factory closure was carried out the day before the celebration of International Labor Day, namely April 30 2024. Hatta said that PT Bola Bata Tbk had made various efforts to maintain the factory in Purwakarta.
Hacker Attacks Cause Losses Of 8 Billion USD…
Information provided by the international intelligence and research unit states that there are no countries exempt from the eyes of computer data invaders around the world, and the financial cost continues to increase. Angola, for example, has seen its public institutions frequently attacked. The CMC, although it says it has not lost anything relevant, has its website offline to this day.
Attacks from hackers across the world, with the United States of America topping the list of most affected countries. At a global level, in 2023 alone, it is estimated that cyber threats will have caused global economic losses of 8 billion dollars, with forecasts for 2025 pointing to an increase of 11%, to 10.5 billion dollars. The data is from Check Point Research, an international intelligence and research unit.
According to the entity’s study, in possession of the Kianda Mail, attacks increased from one in 13 companies in 2022 to one in 10 in 2023, a 33% increase in one year. In total, there are almost 60,000 hacking attempts per company per year worldwide,
TFEX Market Closing Details On 7 May 2024:…
The TFEX market closed on 7 May 2024. The details are as follows.
SET50 Index Futures (2 most traded contracts)
Contract Close Contract Change Price Change Trade Size
S50M24
845.70
0.00
9.00
218,715
S50U24
842.00
0.00
8.50
18,859
Total trade volume
246,025
contract
Futures Sector Index (largest trading contract)
Contract Close Contract Change Price Change Trade Size
–
–
–
–
–
Total trade volume
–
contract
SET50 index options
Call Options (most trading contracts)
Contract Close Contract Change Price Change Trade Size
S50M24C850
11.60
0.00
3.50
2,225
Total trade volume
6,524
contract
Put Options (most traded contracts)
Contract Close Contract Change Price Change Trade Size
S50M24P825
6.40
0.00
-2.60
1,618
Total trade volume
5,793
contract
Single Stock Futures (largest trading contract)
Contract Close Contract Change Price Change Trade Size
TTBM24
1.75
0.00
0.00
2,282
Total trade volume
7,863
contract
Future interest rates
3M BIBOR Futures (largest trading contract)
Contract Close Contract Change Price Change Trade Size
–
–
–
–
–
Total trade volume
–
contract
5Y Gov Bond Futures (highest traded contract)
Contract Close Contract Change Price Change Trade Size
–
–
–
–
–
Total trade volume
–
contract
USD Futures (largest trading contract)
Contract Close Contract Change Price Change Trade Size
USD24
36.73
0.00
0.09
32,516
Total trade volume
58,317
contract
Gold Futures (largest trading contract)
Contract Close Contract Change Price Change Trade Size
GFQ24
40,830.00
0.00
260.00
17
Total trade volume
27
contract
Mini Gold Futures (largest trading contract)
Contract Close Contract Change Price Change Trade Size
GF10M24
40,740.00
0.00
310.00
4,681
Total trade volume
5,829
contract
Brent Crude Oil Futures (largest traded contract)
Contract Close Contract Change Price Change Trade Size
–
–
–
–
–
Total trade volume
–
contract
note:
January(F) February(G) March(H)
April (J) May (K) June (M)
July(N) August(Q) September(U)
October (V),
Nicaraguan Banks See Decrease In Interest Rates Amid…
Nicaraguan banks are experiencing a surge in public confidence, leading to a rise in deposited funds and larger approved loans. This increase in funds has also resulted in a decline in interest rates, making it a favorable time for borrowing. According to recent data from the Central Bank of Nicaragua, interest rates on bank loans have decreased in both dollars and córdobas, with an average rate of 8.47 percent in March.
Loans in dollars are currently more affordable than those in local currency, as the Central Bank has kept its rates stable at 7 percent. This stability has impacted the cost of access to córdobas for local financial institutions.
The main destination for bank loans has been towards personal loans and credit cards, with commercial credit also seeing growth albeit at a more moderate rate. The gross credit portfolio for the Financial System has seen a 15.4 percent increase compared to the same period last year, although this growth rate is lower than in previous years.
For those looking to borrow in dollars, interest rates have become more attractive in various sectors such as commerce, agriculture, and industry. The interest rates on loans in córdobas have also shown a decrease,