- April 26, 2024
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New York gold futures closed positive on Thursday (April 25), supported by a weakening dollar In addition, the United States released figures for gross domestic product (GDP) which expanded at the lowest level in almost 2 years also led to investors. buy gold to avoid risk.
The COMEX (Commodity Exchange) gold contract will be introduced in June. Up $4.10 or 0.18% to close at $2,342.50/oz.
Silver contract for delivery in July rose 1.1 cent or 0.04% to close at $27.633/ounce.
Platinum contract to be delivered in July. Up $4.70 or 0.51% to close at $920.50/oz.
Palladium contract to be delivered in June. it fell $26.30, or 2.61%, to close at $982.00/ounce.
The dollar index, which measures the greenback against six major currencies, fell 0.24% to 105.598, supporting the gold market. Due to the weakening of the dollar, gold contracts priced in dollars are They are priced attractively for investors who hold other currencies.
Weak economic data also led investors to buy gold to avoid risk.
Generation Green: Nearly Two Billion Dirhams For The…
In a statement to the press on the occasion of a field visit to Ifrane and Sefrou to learn about the progress of projects included within the framework of the “Green Generation” strategy, launched by HM the King Mohammed VI in 2020, the minister recalled that the regional program of this strategy will have to mobilize a total budget of 34 billion dirhams (billion dirhams), including a contribution of 12 billion dirhams from the State.
The minister, who was accompanied in particular by the Wali of the Fez-Meknes region, the Governor of the province of Ifrane and the Governor of the Province of Sefrou, professionals and elected officials, underlined that this visit made it possible to launch several projects important development of local and agricultural products which have a significant impact on the income of farmers and beneficiaries.
Thus, in Ain Leuh (province of Ifrane), the minister handed over to the beneficiary cooperatives a unit for the valorization of aromatic and medicinal plants and a unit for the valorization of cherries, which are part of a valorization complex agricultural products.
With an investment of approximately 2.2 million dirhams (MDH), the aromatic and medicinal plants development unit is part of the agricultural production sector development program.
Skydance And Paramount Negotiating $6-7 Billion Deal
Skydance’s Possible Takeover of Paramount Raises Questions and Concerns
Skydance Media, a film and television production company founded by David Ellison, is in advanced negotiations with ViacomCBS to acquire a controlling stake in Paramount Pictures. However, this negotiating period, which ends on May 3, may need to be extended due to the complexity of the transaction. The possible deal would see Skydance pay around $2 billion for National Amusements Inc., which controls Paramount via its voting Class A shares. In turn, Paramount would acquire Skydance in an all-stock deal valued between $4-5 billion.
However, investors are skeptical of such a deal as it benefits Shari Redstone’s family holding NAI but does not provide any takeout premium for them. Most investors who own shares at Paramore have voiced their opposition towards such a one-sided agreement.
The Case for Skydance
Skydance plans to collapse two classes of shares and is relying on increasing stock prices as well as restructuring the debt-laden firm that suffers from streaming losses and declining linear television viewership under one master brand team. This kind of restructuring could potentially reduce linear costs and boost margins – something nobody has yet been able to accomplish.
A Major Leap Forward In Quantum Science And…
2024-04-25 21:05:00
Ministry of Science and ICT announces “Quantum Initiative” containing 9 key technologies and 4 promotion strategies
[보안뉴스 박미영 기자] The Ministry of Science and ICT (hereinafter referred to as the Ministry of Science and ICT) announced on the 25th that it had confirmed the “Quantum Initiative” after deliberation and resolution at the “Plenary Meeting of the Advisory Council National Science and Technology”.
Quantum science and technology is a game changer and will play a pivotal role in solving various challenging problems and innovative changes in promising sectors such as economy, society, security and environment, and attracting the attention as a key strategic technological area that will determine future technological hegemony due to its knock-on effects in defense and security. Quantum science and technology is growing rapidly, but is still in its infancy and has not yet been seriously commercialized. Accordingly, if we take the lead in the technological path of quantum science and technology based on the advanced industrial and computing capabilities we have accumulated so far, there are many opportunities and possibilities to create new innovations.
The “Quantum Initiative” announced today contains the Yoon Seok-yeol government’s main directions and strategies to prepare for the next quantum era beyond digital.
Tozzi Green Repairs Damage Caused By Installation Work
The CEO of Tozzi Green, Davide Giachero (left), during a meeting with the beneficiaries of the compensation measure.
The Tozzi Green company is taking steps to compensate and repair direct and indirect damage caused by the construction of the Farahatsana hydroelectric power station (HPP) and its facilities. The results of the rehabilitation work carried out were presented yesterday to Mahitsy. The HPP Farahatsana power plant supplies the Antananarivo Interconnected Network via a 38 kilometer high voltage line to the Anosizato electrical substation. It draws from the Ikopa River and has a total capacity of 136 GWh. During the installation and production phases, homes and domestic infrastructure were damaged, among other things, by the frequent passage of machinery.
A prior community consultation meeting took place last year, between the president and CEO of Tozzi Green Madagascar, Davide Giachero, the authorities of the Ambohimasina Mahitsy commune and surrounding areas, and residents, following which he It was decided that the company would take charge of the rehabilitation of damaged houses and infrastructure.
The rehabilitation works consist of creating a reinforced concrete framework to stabilize the buildings, repair cracks and improve the aesthetic appearance according to the principles of the resettlement policy.
Innovation Center Sirris Invests One And A Half…
Sirris invests 4 million in three laboratories. — © rr
Technology
Genk –
The innovation center for the technological industry Sirris announces an investment of 5.5 million euros, including in the laboratories in Kortrijk, Genk and Charleroi. About one and a half million euros is intended for the lab in Genk.
More than 4 million euros will be spent on the construction of new industrial demonstration and test environments in the laboratories in Kortrijk, Genk and Charleroi. From December, SMEs from the Belgian manufacturing industry will be able to experiment with the most modern technologies themselves. More than one and a half million euros will be invested in Genk, including in a space where manufacturing companies and technology suppliers can build and test pilot production lines.
With the additional investments, Sirris wants to help Belgian industry even better with the challenges in the field of energy transition, digitalization and generative artificial intelligence. “After 75 years, our mission to make companies more competitive through technological innovation is more relevant than ever,” it said.
In addition to the package of 4 million euros in investments in the three laboratories, one and a half million euros will also go to research and development of generative artificial intelligence.
Gucci Faces A Turbulent Marketer Phase
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Millions In Settlement Funds: How To Claim Your…
Ring Cameras Settlement | Latest News
Ring Cameras Settlement: How to Claim Your Share of $5.6 Million By [Your Name]
As part of the ongoing legal battle regarding video privacy, customers who own Ring cameras can now claim their portion of a $5.6 million settlement. The settlement was reached following allegations of privacy breaches, providing affected individuals with an opportunity to receive compensation for the compromised security.
Protecting Users’ Privacy
Ring, a leading provider of home security and smart video doorbells, has faced a class-action lawsuit for potential privacy violations. The lawsuit alleged that the company mishandled consumers’ videos and shared unauthorized access with third parties.
Moreover, undercover employees, known as “rogue insiders,” exploited their access to spy on individuals, often focusing on unsuspecting individuals, including “pretty girls.” This revelation further fueled the legal battle against Ring.
The $5.6 Million Settlement
The Federal Trade Commission (FTC) announced the disbursement of $5.6 million in refunds to affected Ring customers. This settlement aims to compensate customers who may have experienced violations of their privacy rights. The funds allocated in this settlement will assist in providing resolution to those affected by the breaches.
Investing Means Buying A Piece Of The Future.…
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Between saying and doing there is a sea involved. Sea of liquidity if we refer to the financial markets. Liquidity and, sometimes even more importantly, the desire to dream. Because to justify the current valuations of the US stock market – which price the profits expected in the next 12 months at 23 times compared to an average of 18 in the last 5 years and 16.5 in the last 10 – we need to pull these two elements out of the hat: abundance of the liquidity in circulation (which in fact is an implicit lever for risk-on investments and is not lacking at the moment, indeed it has been constantly increasing since the end of October 2022) and the predisposition to dream on the part of investors. The example of Tesla in the last 24 hours is emblematic of this last component, the dream. After reporting a decidedly bad quarterly report on fundamentals (revenues, gross margin and operating margin falling and below expectations) the stock jumped by more than 10% on the stock market yesterday. How come? The visionary founder and CEO Elon Musk, as well as a skilled orator,