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Bezos's Blue Origin rocket firm to cut 10% of workforce
Jeff Bezos's rocket company Blue Origin is laying off around 10 percent of its workforce following a period of rapid expansion, the firm's chief executive told staff on Thursday.
Polish court orders retrial in hot-button abortion case
A Polish court on Thursday ordered a retrial in the case of an activist found guilty of aiding a woman to terminate her pregnancy, in a symbolic step for Poland's abortion rights movement.
Afghan arrested after car ramming 'attack' injures 28 in Germany
Police arrested an Afghan asylum seeker at the scene of what German leaders labelled a car ramming "attack" that injured 28 people, some seriously, in the southern city of Munich Thursday.
'Terrified' families seek justice in Italy 'forever chemicals' trial
Managers of a chemical plant accused of knowingly contaminating the water of hundreds of thousands of people are on trial in Italy, in one of Europe's biggest environmental disaster lawsuits.
Stocks mostly rise, oil falls as Trump fans Ukraine peace hopes
Major stock markets mostly rallied, while the dollar and oil prices retreated Thursday on hopes for an end to the war in Ukraine.
Unilever announces profit slump on Russia exit
British consumer goods giant Unilever on Thursday announced falling net profits for 2024, hit by exiting Russia and other restructuring costs.
Nestle sales beat forecast after price hikes
Swiss food giant Nestle reported better-than-expected annual sales on Thursday, boosting its shares after the maker of Nescafe coffee, KitKat chocolate and Purina dog food hiked prices to offset inflation.
UK economy picks up ahead of US tariff risks
Britain's economy surprisingly picked up at the end of last year, official data showed Thursday, relieving some pressure on the Labour government as the country faces up to US tariffs.
Concern as orangutan seen roaming Indonesia coal site
Footage of a seemingly confused orangutan roaming the desolate site of an Indonesian coal mine, metres from excavators, has sparked renewed concern about the future of the critically endangered species.
UK economy picks up, boosting govt amid US tariffs
Britain's economy picked up at the end of last year, official data showed Thursday, relieving some pressure on the Labour government as the country faces up to US tariffs.
Germany's Commerzbank to cut jobs to fight off UniCredit
German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to fight off pressure for a tie-up from Italian bank UniCredit.
Sony hikes profit forecast on strong gaming business
Japanese entertainment and electronics giant Sony upgraded its annual net profit forecast to $7.0 billion on Thursday thanks to its strong gaming business.
The Italian mums who 'poisoned' their children
Elisabetta Donadello "poisoned" her children. After unwittingly living off polluted land in northeast Italy for decades, she had toxic chemicals in her blood -- which she passed on with each pregnancy.
Trump threats to South Africa rattle automakers
South Africa exports vehicles worth about $1.9 billion every year, many to the United States under a trade deal now in jeopardy as President Donald Trump piles pressure on the country.
Asian stocks rise, oil falls as Trump fans Ukraine peace hopes
Asian markets mostly rose Thursday and oil prices extended losses as forecast-topping US inflation was overshadowed by hopes for an end to the Ukraine war after news Donald Trump and Russia's Vladimir Putin had discussed peace talks.
Chinese authorities play cash-giving Cupid to boost marriage rates
Moments after registering their marriage, Zhang Gang and Weng Linbin posed in front of a red backdrop adorned with a Chinese government emblem, fanning out the wad of cash they had received as an incentive to wed.
Facing egg shortage, Americans bring chickens home to roost
A Houston poultry supply company is selling chickens like there is no tomorrow, as sky-high prices for eggs prompt some Americans to produce their own at home.
Empress Engaged in Advanced Discussions for New Stream Opportunity
VANCOUVER, BC / ACCESS Newswire / February 13, 2025 / Empress Royalty Corp. (TSXV:EMPR)(OTCQX:EMPYF) ("Empress Royalty" or the "Company") is pleased to announce that it is in advanced discussions for a potential gold and silver stream opportunity (the "Transaction") on an operating mine located in the United States.
HHLR Advisors Ltd. Expands Investment Offerings Amid Strong Market Conditions
TORONTO, ON / ACCESS Newswire / February 13, 2025 / HHLR Advisors Ltd., a leading provider of fixed-rate bonds, managed funds, and Pre-IPO investment opportunities, is pleased to announce the expansion of its investment solutions to meet growing demand from Canadian investors. Amid evolving market conditions, the firm remains committed to delivering secure and predictable returns while bridging the gap between institutional-grade investments and retail investors.
Swiss Resource Capital AG welcomes Skeena Gold & Silver as a new client
HERISAU, CH / ACCESS Newswire / February 13, 2025 / Swiss Resource Capital AG is pleased to welcome Skeena Gold & Silver (TSX: SKE), (NYSE: SKE), (WKN: A3CRER) as a new client.
Oil Production Update
Gas to power operations enable increased oil production at Pathfinder #2 well:20 BOPD and 280 mcf/day of gas over first 7 daysTakes total field production to ~50 BOPD with further upside anticipatedAmerigo Vespucci well flowing gas to generators, enabling reservoir equalisation:First ever oil production expected this week when well goes on pumpPathfinder #1 well to be completed for oil and gas production in coming weeks:Greenhorn formation fracked and tested previously which flowed 75 barrels of oil and no water during 4-day flowback testingAdditional gas from Pathfinder #1 to be tied in for additional gas to power generationWell to be fitted with production string and pump jack in coming weeksThe Pathfinder Field delivers multiple stacked producible pay zones:Pathfinder #1 intersects the Pierre, Niobrara the Greenhorn reservoirs (see Image 2 below)Increased Proven Developed Producing and Probable Reserves expectedBitcoin mining operations powered by AXP's gas-to-power infrastructure under the Joint Development Agreement (‘JDA') with US-based Blackhart Technologies Limited (‘Blackhart') are meeting expectations with pleasing uptime and reliability achieved in the first full week of operations. These are critical benchmarks for planned scale-up.
TFS Financial Launches Dealer Direct Capital
Innovative captive finance "as-a-service" platform enables heavy equipment dealers to offer best-in-class full-spectrum financing to buyers
Adcore Announces Renewal of its Microsoft Advertising Strategic Partnership for 2025
TORONTO, ON / ACCESS Newswire / February 13, 2025 / Adcore Inc. (the "Company" or "Adcore") (TSX:ADCO)(OTCQX:ADCOF)(FSE:ADQ), a global leader in marketing technology empowering businesses to maximize their digital marketing potential with its innovative AI-powered platform ("Marketing Cloud"), today announced the renewal of its channel partner agreement with Microsoft Advertising for 2025, reinforcing its strong presence in digital marketing. This renewal follows the Company's recent recognition as both Client Partnership of the Year and Channel Partner of the Year finalist by Microsoft Advertising, highlighting its outstanding performance and innovation. Since joining the Microsoft Advertising Partner Program in 2019, Adcore has consistently excelled, achieving Microsoft Elite Partner status as of February 2022, a distinction that reflects its key partnership and success in bringing unique advertisers to the platform.
Sadot Group Inc. Announces Appointment of Ms. Catia Jorge as New Chief Executive Officer
BURLESON, TEXAS / ACCESS Newswire / February 13, 2025 / Sadot Group Inc. (Nasdaq:SDOT) ("Sadot Group" or the "Company") today announced the appointment of Ms. Catia Jorge as its new Chief Executive Officer, effective immediately. Ms. Jorge, a seasoned leader in the global agri-commodity sector, joins Sadot Group at a pivotal time, as the Company transitions to focusing on expanding its platform globally. Ms. Jorge will report to the Board of Directors and lead Sadot's strategic initiatives, global operations, and business growth efforts to maximize the Company's long-term potential.
Forum Asset Management Welcomes Satish Rai and John Sullivan as Vice Chairs
TORONTO, ON / ACCESS Newswire / February 13, 2025 / Forum Asset Management ("Forum") is very pleased to announce the appointment of Satish Rai and John Sullivan as Vice Chairs. Both bring a wealth of expertise and leadership to Forum, reinforcing the firm's strategic vision as it embarks on its next stage of institutional growth.
US stocks mostly lower on inflation, euro gains on Ukraine peace hopes
Wall Street stocks mostly fell Wednesday after US inflation data exceeded expectations, while the euro strengthened on signs Russia and Ukraine could be closer to a peace agreement.
Trump blames Biden for unexpected uptick in US inflation
US President Donald Trump on Wednesday blamed his predecessor Joe Biden for last month's unexpected acceleration in consumer inflation, as he looked to deflect a moment of potential political peril early in his second term.
Chevron to cut 15-20% of workforce by end of 2026: company
Chevron will cut 15 to 20 percent of its workforce as part of a reorganization to save money and to position the oil giant for the long-term, the company said Wednesday.
Canadian steel firms face turmoil after US 'stab in the back'
When Shale Tobe heard President Donald Trump planned to impose tariffs on Canadian steel, a product that has supported his family for decades, he was in New York on holiday, "spending money down in the US."
US trade deficits at core of Trump tariff moves
Imposing punitive tariffs on countries with high trade surpluses with the United States has been at the heart of US President Donald Trump's economic policy.
Hit by Trump, Canada and EU seek comfort in numbers
Buffeted by tariffs and threats from Washington, the European Union and Canada hailed their "friendship" and discussed drawing closer together Wednesday, in the latest sign of a Brussels push to diversify trade away from the United States.
US consumer inflation unexpectedly up, Trump blames Biden
US consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political peril for President Donald Trump, who quickly blamed the uptick on his predecessor Joe Biden.