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Stock Market Update: Top Stories
As the trading day begins, here are the latest updates on companies making headlines:
Berkshire Hathaway
- Class A shares of Berkshire Hathaway saw a 1.2% increase in early trading, with a 39% year-over-year growth in operating profit.
- The conglomerate’s cash holdings reached record levels, nearing $200 billion.
Paramount
- Paramount shares surged 2.4% amid reports of acquisition negotiations with a group led by Sony Pictures Entertainment and Apollo.
- Warren Buffett revealed selling the entire Berkshire stake in Paramount at a loss.
Spirit Airlines
- The discount carrier experienced a 4% premarket drop after reporting a first-quarter loss of $1.46 per share, slightly wider than analyst estimates.
- Second-quarter revenue forecast fell below expectations.
Li Auto
- U.S. shares of the Chinese electric vehicle maker surged 6.7% following strong order d
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India playing important role in AI development, adoption
New Delhi: As Microsoft President heads India and South Asia, one of the fastest growing markets, Punit Chandhok expects India to be at the forefront of AI innovation, with more than 500 enterprises as customers of Microsoft’s Azure OpenAI platform.
“AI is still in its early stages, so more sophisticated and efficient use cases of AI will mature over time. But, India is playing a key role in the development of AI across the world, and the development of Indian AI platforms will be critical to the growth of this market,” Chandhok said.
The company’s local operations have already seen it working with Bhashini, the AI dataset platform of the Ministry of Electronics and Information Technology (MeitY) – where it is able to generate AI queries and operationalize results in 20 Indic languages. Among clients, Microsoft is working with Air India, IndiGo, Zomato, Larsen & Toubro, Aditya Birla Capital and other companies that have built AI assistants that are already operational – Chandhok thinks this trend will only grow. . “We have seen 10x growth for Microsoft CoPilot in India in the last six months,” the
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Forming parties look at Belgian measure: no men in asylum reception
#Forming #parties #Belgian #measure #men #asylum #reception
AFPE An asylum seeker in a tent on a square in Brussels, last September
NOS Nieuws•vandaag, 16:31
The forming parties PVV, VVD, NSC and BBB want “more control over migration”, as it turned out today once again from a photographed negotiation document. Behind the scenes, negotiators mention measures from Belgium as an option to tackle the reception problem.
But how do you like this policy in Belgium?
Families priority
The Belgian measure last August was a striking one: single male asylum seekers would no longer receive shelter and food. The reason was an acute shortage of places for asylum seekers.
“If we have a shortage of places, despite all efforts to find extra beds… well, then I will give priority to families with children,” State Secretary De Moor said about the decision.
Since then, men have been able to register as asylum seekers upon arrival at the registration center, but then have to wait on the street. They do, however, claim a place in a homeless shelter. However, there is not room for everyone there: in Brussels alone there are more than 7,000 homeless people, while there are 5,000 shelter places for them.
The men wandering through Brussels receive help from a charity that provides food and other groceries, Nieuwsuur showed last year in this video:
Asylum seekers are wandering the streets in Brussels because there are too few shelters
Belgian refugee organizations went to court to challenge the measure, with legal success. The Belgian Council of State overruled State Secretary De Moor’s decision. But the practice did not change.
The result is that thou
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Forming parties look at Belgian measure: no men in asylum reception
ECONOMIC AND SOCIAL ADVISORY – Help for the creation of the CESC
| Participants in the meeting with the delegation of the Union of Economic and Social Councils of Africa. |
Youness Benakki, secretary general of the Union of Economic and Social Councils of Africa, currently on mission to Madagascar, met yesterday in Anosy with the country’s socio-economic actors to support the establishment of the Economic, Social and Cultural Council (CESC) .
“We are here to bring together all the prerequisites for a successful installation and optimal positioning of this constitutional institution in Madagascar. We had very fruitful exchanges with all Malagasy stakeholders, including civil society, the private sector and government representatives,” reported Youness Benakk
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ECONOMIC AND SOCIAL ADVISORY – Help for the creation of the CESC
Trump Media Fires Auditor BF Borgers Over SEC Fraud Allegations – 05/06/2024 at 3:14 pm
((Automated translation by Reuters, see disclaimer https://bit.ly/rtrsauto))
Former US President Donald Trump’s media and technology company
DJT.O
said it replaced its auditor, BF Borgers, after the Securities and Exchange Commission (SEC) accused the accounting firm of “massive fraud” on Friday.
Trump Media & Technology Group said in an SEC filing Monday that it optioned Semple, Marchal & Cooper on Saturday. This change was recommended and approved by the Company’s Audit Committee.
Borgers, an auditor for parent company Truth Social since 2022, accepted a $12 million civil penalty and agreed to cease acting as an accountant in documents filed with the SEC, the agency said.
Trump Media looks forward to working with its new audit partners following the SEC’s decision, a company spokesperson said in an emailed statement Friday.
According to the SEC, Borgers failed to properly maintain audit documents, fabricated audit planning meetings, and in some cases moved previous audits into the current audit period.
Trump Media shares have seen significant volatility since they began trading on March 26, prompting the
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Trump Media Fires Auditor BF Borgers Over SEC Fraud Allegations – 05/06/2024 at 3:14 pm
Apple Unveils 2024 Pride Collection: Celebrating LGBTQ+ Community with Innovative Products
6 May 2024
An update
Apple’s 2024 Pride Collection :br(s): spotlights: br(xl)::br(l)::br(m): the LGBTQ+ community
To support global social movements that protect and promote equality for the LGBTQ+ community, Apple today introduced a new Braided Pride Edition Solo Loop band for Apple Watch, available to order starting May 22, with matching watch faces and animated wallpapers for iOS and iPadOS coming with upcoming software updates. For the first time, Pride watch faces and wallpapers can be customized to display a spectrum of colors to represent the vibrancy and diversity of the LGBTQ+ community.
The Pride Collection showcases Apple’s pride in supporting LGBTQ+ organizations that help create positive change. This includes global federations such as ILGA World, which is committed to promoting the rights of LGBTQ+ people around the world, and the Human Rights Campaign, a global agency working to help LGBTQ+ people be treated as equal citizens . There are other organ
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Apple Unveils 2024 Pride Collection: Celebrating LGBTQ+ Community with Innovative Products
Auto Show, Salvini: “No to incentives for electric vehicles that would finance Chinese companies”
The Minister of Infrastructure Matteo Salvini at Porta Susa to present the Auto Show which will return to Turin, with the innovative formula of the event spread across the streets and streets of the centre, from 13 to 15 September. A showcase on the automotive industry in all its forms, from history to design to technical innovation, which aims to attract tourists and enthusiasts from all over Italy, thanks also to an agreement with Trenitalia with discounts of between 30 and 80% on tickets railways.
«Indoor salons are suffering – explained the patron of the event Andrea Levy – but we want to propose one new formula that combines the emotional aspect of historic cars and supercars with the possibility of testing all the engines on the road. Perhaps we are rushing a little too much towards electric, while we have a neutral approach to the car of the future, experimenting with all the best performing solutions, from hybrid to hydrogen, petrol and diesel”.
An armor
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Auto Show, Salvini: “No to incentives for electric vehicles that would finance Chinese companies”
Walton’s entrepreneurial director’s share sale completed
– 2024-05-06 14:10:44
An entrepreneurial director of Walton Hi-Tech Industries Limited, a company listed in the engineering sector in the capital market, has completed the sale of shares as previously announced. He had announced to sell 10 thousand shares.
On Sunday (May 5), Dhaka and Chittagong Stock Exchange (DSE-CSE) said this informati
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Walton’s entrepreneurial director’s share sale completed – 2024-05-06 14:10:44
Do you hate going to work in the morning? 4 ways that can help Working life10:00
– 2024-05-06 14:13:00
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Patras: Shop opening hours today Good Friday and Holy Saturday
– 2024-05-06 14:30:28
Peloponnese Newsroom
Today is Good Friday stores will open on 13:00, after demobilization and will close at 19:00.
The Great Saturdayshops will open at 09:00 and close at 15:00.
Her Easter Sunday, on Monday the shops will be closed. The same applies to Tuesdayshops will not open because the May Day holiday has been moved.
The opening hours of the Trade Association of Patras
The Patras Chamber of Commerce announced
The holiday opening hours for shops, as announced by the Patras Chamber of Commerce:
- Great Thursday 02/05/2024: 09.00 – 21.00
- Good Friday 03/05/2024: 13.00 – 19.00
- Great Saturday 04/05/2024: 09.00 – 15.00
- Easter Sunday 05/05/2024: Holiday
- Monday 06/05/2024: Holiday
- Tuesday 07/05/2024: Holiday (due to the transfer of the May Day holiday).
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Patras: Shop opening hours today Good Friday and Holy Saturday – 2024-05-06 14:30:28