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Navios Maritime Holdings Inc. Announces Cash Tender Offer

Nov 06, 2017 13:34 pm UTC| Business

MONACO, Nov. 06, 2017 -- Navios Maritime Holdings Inc. (“Navios Holdings”) (NYSE:NM) announced today that Navios Holdings and its wholly-owned subsidiary, Navios Maritime Finance II (US) Inc. (“Navios Maritime Finance”...

Navios Maritime Holdings Inc. Announces Proposed Private Offering of $300 Million of Senior Secured Notes Due 2022

Nov 06, 2017 13:34 pm UTC| Business

MONACO, Nov. 06, 2017 -- Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”) (NYSE:NM) announced today that the Company and Navios Maritime Finance II (US) Inc., its wholly owned finance subsidiary,...

Navios Maritime Holdings Inc. Files Form 6-K Including Financials for the Third Quarter and Nine Months Ended September 30, 2017

Nov 06, 2017 13:33 pm UTC| Business

MONACO, Nov. 06, 2017 -- Navios Maritime Holdings Inc. ("Navios Holdings" or "the Company") (NYSE:NM), a global, vertically integrated seaborne shipping and logistics company, today filed a 6-K with the Securities and...

Fenix Outdoor Accelerates International Omnichannel Expansion with Manhattan Associates

Nov 06, 2017 13:33 pm UTC| Business

NIEUWEGEIN, The Netherlands and ATLANTA, Nov. 06, 2017 -- Fenix Outdoor Group, a subsidiary of Switzerland-based outdoor goods specialist Fenix Outdoor International AG, has selected Manhattan Associates, Inc....

Remote Monitoring and Control (IoT) Provider Acorn to Release Q3'17 Results and Host Investor Call on Tuesday, November 14th at 4:30 pm ET

Nov 06, 2017 13:32 pm UTC| Business

WILMINGTON, Del., Nov. 06, 2017 -- Acorn Energy, Inc. (OTCQB:ACFN), a provider of machine-to-machine, Internet of Things (IoT) remote monitoring and control systems and services, will host a conference call to review...

Cemtrex Signs Letter of Intent to Acquire Virtual Reality Software Studio

Nov 06, 2017 13:32 pm UTC| Business

Farmingdale, NY, Nov. 06, 2017 -- Cemtrex Inc., (NASDAQ: CETX, CETXP, CETXW) has signed a letter of intent to acquire a virtual reality software development studio headquartered in New York City. This virtual reality...

Sarepta Therapeutics and Nationwide Children’s Hospital Announce FDA Clearance of IND for Micro-Dystrophin Gene Therapy Program for the Treatment of Duchenne Muscular Dystrophy

Nov 06, 2017 13:31 pm UTC| Business

-- Nationwide Children’s Hospital to initiate a Phase 1/2a clinical trial at potentially therapeutic doses in children with DMD by mid-November 2017 -- -- First micro-dystrophin gene therapy program in clinical...

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Economy

Tokyo Inflation Hits Near Two-Year High, BOJ Rate Hike Impact in Focus

Tokyos consumer price index (CPI) inflation accelerated in January, reaching a near two-year high as strong private spending sustained price growth. The headline CPI rose 3.4% year-on-year, up from 3% in December, marking...

Stock Futures Rise Slightly as Investors Await Key Inflation Data

U.S. stock index futures edged higher Thursday evening following modest Wall Street gains, driven by corporate earnings from Apple and Microsoft. Investors now focus on Fridays personal consumption expenditures (PCE) price...

Hong Kong Keeps Interest Rates Unchanged, Tracking Fed's Decision

The Hong Kong Monetary Authority (HKMA) maintained its base rate at 4.75% on Thursday, aligning with the U.S. Federal Reserves decision to hold rates steady. Hong Kongs monetary policy follows U.S. interest rate moves due...

Former IEA Official Criticizes Agency’s Green Focus, Calls for Oil and Gas Prioritization

The International Energy Agency (IEA) is facing criticism for its shift toward clean energy policies. Former IEA oil market chief Neil Atkinson, along with Mark Mills of the National Center for Energy Analytics, released a...

Stock Market Dips as Fed’s Hawkish Pause Dampens Sentiment; Big Tech Earnings Await

The SP 500 closed lower Wednesday as investors reacted to the Federal Reserves hawkish stance and awaited earnings from major tech firms. The Dow Jones Industrial Average fell 137 points (0.3%), while the SP 500 and NASDAQ...

Politics

Trump’s Defense Secretary Revokes Milley’s Security Clearance, Launches Inquiry

New U.S. Defense Secretary Pete Hegseth, appointed by President Donald Trump, has revoked the security clearance and personal security detail of retired Army General Mark Milley, former chairman of the Joint Chiefs of...

RFK Jr. Faces Senate Scrutiny Over Vaccine Views in HHS Nomination Hearing

Robert F. Kennedy Jr., President Donald Trumps nominee to lead the U.S. Department of Health and Human Services (HHS), faced intense questioning at a Senate confirmation hearing. Democratic senators accused him of...

Meta Settles Trump Lawsuit for $25M Amid Efforts to Repair Ties

Meta Platforms (NASDAQ: META) has agreed to pay $25 million to settle a lawsuit filed by U.S. President Donald Trump over the suspension of his social media accounts following the January 6, 2021, Capitol riot. Trump had...

Netanyahu Meets U.S. Envoy Witkoff Amid Gaza Ceasefire Talks

U.S. Middle East envoy Steve Witkoff visited Gaza on Wednesday before meeting Israeli Prime Minister Benjamin Netanyahu, as efforts to solidify a ceasefire and advance regional diplomacy continue. His visit, confirmed by a...

Ahmed al-Sharaa Takes Charge as Syria’s Transitional President Amid Power Shift

Ahmed al-Sharaa has been declared Syrias transitional president, cementing his authority less than two months after leading the offensive that ousted Bashar al-Assad. The announcement, made by the military command...

Science

It’s science, not fiction: high-tech drones may soon be fighting bushfires in Australia

Picture this. Its a summer evening in Australia. A dry lightning storm is about to sweep across remote, tinder-dry bushland. The next day is forecast to be hot and windy. A lightning strike tonight could spark a fire that...

Earth is bombarded with rocks from space – but who gets to keep these ultimate antiques?

Every day, about 48.5 tonnes of space rock hurtle towards Earth. Meteorites that fall into the ocean are never recovered. But the ones that crash on land can spark debates about legal ownership. Globally, meteorite hunting...

Most of us trust scientists, shows a survey of nearly 72,000 people worldwide

Public trust in scientists is vital. It can help us with personal decisions on matters like health and provide evidence-based policymaking to assist governments with crises such as the COVID pandemic or climate change. In...

Astronauts on NASA’s Artemis mission to the Moon will need better boots − here’s why

The U.S.s return to the Moon with NASAs Artemis program will not be a mere stroll in the park. Instead it will be a perilous journey to a lunar location representing one of the most extreme environments in the solar...

Why Africa’s young scientists should help check the quality of climate change research

Scientific research is essential for addressing the climate crisis. The Intergovernmental Panel on Climate Change (IPCC), a United Nations body, assesses the science on climate change through its regular assessment...

Technology

Nvidia Approves Samsung's HBM3E Chips for AI, but SK hynix Remains Leader

Nvidia (NASDAQ:NVDA) has approved Samsung Electronics (KS:005930) 8-layer HBM3E chips for artificial intelligence applications, Bloomberg reported. The chips will be used in Nvidias AI products for China, which are less...

U.S. Probes DeepSeek Over Possible Nvidia Sanctions Violation

U.S. officials are investigating whether Chinese AI startup DeepSeek sourced advanced Nvidia (NASDAQ: NVDA) processors through Singapore distributors to bypass U.S. sanctions, Bloomberg reported. The probe centers on...

Apple Forecasts Sales Growth Amid AI Expansion and iPhone Recovery

Apple (NASDAQ:AAPL) anticipates solid sales growth as it integrates AI features across its product lineup, helping offset a slight decline in iPhone sales. Despite missing Wall Streets iPhone revenue estimates for the...

SoftBank Eyes $40B Investment in OpenAI Amid AI Race

SoftBank Group (TYO:9984) is in talks to lead a funding round of up to $40 billion in OpenAI, valuing the ChatGPT maker at $300 billion, sources said. If finalized, this would mark a record-breaking private funding round....

DeepSeek AI Disrupts Market, Challenging U.S. AI Giants

Chinese AI startup DeepSeek is making waves, with its AI assistant surpassing OpenAIs ChatGPT on Apples U.S. App Store. Using Nvidias lower-capability H800 chips, DeepSeek claims to have trained its model for under $6...

Digital Currency