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MORNING BID EUROPE-Bonne chance, Bayrou
A look at the day ahead in European and global markets from Vidya Ranganathan France's new government faces a big test today. Prime Minister Francois Bayrou is expected to lay out in a speech the contours of a deal to water down pension reforms in return for support from the left on...Reuters
Tue, Jan 14
BUZZ-Australia's PWR gains on $5.5 mln order for US government project
** PWR Holding PWH.AX gains as much as 7.5% to A$8.020; biggest intraday pct gain since Nov. 21, 2024** Formula 1 auto parts supplier's North American unit secures $5.5 mln order to supply advanced cooling solutions for U.S. government project** Around 303,290 shares traded, 1.5x the 30-day avg** St...Reuters
Tue, Jan 14
BUZZ-India's Angel One slumps on posting slowest profit growth since listing
** Shares of Angel One ANGO.NS fall as much as 6% to 2,300 rupees in early trade, lowest since Aug. 9** Stock top loser on Nifty smallcap index .NIFSMCP100, which is up 0.49%** Investment banking and brokerage services provider posts 8% Y/Y rise in Q3 profit, its slowest profit growth since listing ...Reuters
Tue, Jan 14
India's HCLTech drops 8% after Q3 revenue misses estimates
Jan 14 (Reuters) - HCLTech HCLT.NS, India's no. 3 software services provider, plunged 8% on Tuesday after reporting a smaller-than-expected quarterly revenue and as a slew of brokerages cut their ratings on the shares. The company on Monday reported a 5.1% rise in consolidated revenue to 298.9 billi...Reuters
Tue, Jan 14
Sands China, in Partnership with Alipay and Macau Pass, Successfully Introduced the Innovative Alipay Tap! in Macao
Simplifying payments for both domestic and international tourists(Macao, Jan. 14, 2025) – On Jan. 14, 2025, Sands China Ltd., Alipay and Macau Pass jointly introduced the Alipay Tap! service at Sands Resorts® Macao. Utilizing innovative payment interaction technology, the service will further enhance the payment experience of visitors in Macao and enable new digital business and marketing opportunities. It will also contribute to the city’s smart city development while supporting digital upgrades and connectivity within the Greater Bay Area. Alipay Tap! is an innovative payment service introduced by Alipay in July 2024 in the Chinese mainland. Users can simply unlock their phones and tap the merchant's payment device to complete the transaction, without opening the Alipay app. This solution has quickly become popular with both users and merchants and is currently available in over 100 cities and more than 1,000 shopping malls and commercial districts in the Chinese mainland. In addition to payments, Alipay has also collaborated with partners to create over 50 Alipay Tap! digital industry solutions, such as “Tap to Order” and “Tap to Open Self-service Vending Machine.”In this first phase, Sands China has rolled out Alipay Tap! across 300 merchants in its integrated resorts, including The Venetian® Macao, The Parisian Macao, The Londoner® Macao, and Sands® Macao. It can be used for a variety of payments, such as hotel accommodation, dining, shopping, and ticketing, providing customers with a convenient payment experience. Chinese mainland tourists using Alipay Tap! in Sands Resorts Macao can also enjoy multiple offers during the promotional period, including an exclusive coupon for the first transaction via Alipay Tap! in Macao and other cross-border travel promotions released. (Chinese mainland tourists can enjoy discounts with Alipay Tap! in Macao.)Merchants can use one terminal to meet the payment needs of both tourists and local residents using mainstream e-wallets. A representative from a Sands Resorts Macao merchant shared, “As Chinese mainland tourists are generally familiar with Alipay Tap!, combined with various recent promotional offers, the number of Alipay Tap! transactions has significantly increased since its launch, greatly enhancing operational efficiency.”Jiajia Li, Vice President of Alipay, Ant Group, said, “Macao has unique geographic advantages, providing an ideal environment for the introduction of innovative technologies. Alipay and Alipay+'s cross-border services have already covered nearly 90% of merchants in Macao. The successful introduction of Alipay Tap! in Macao will further enhance the convenience of payments for Chinese mainland visitors, accelerate the digital transformation of businesses, unlock more commercial potential, and promote the digital connectivity of digital everyday services within the Greater Bay Area.”The introduction of Alipay Tap! in Macao is not just a simple replication of the payment model but also creates a local digital business model benchmark. The collaboration between the three companies integrates Alipay’s user experience and membership preferences, Sands China’s unique services and benefits, and Macau Pass’s regional coverage and operational expertise. Together, they have created a new digital business model.Allan Chung, Vice President of E-Commerce and Digital Marketing of Sands China Ltd., said, “Sands China is proud to be the first in Macao to offer this innovative payment technology. By deeply integrating it across various business operations within Sands Resorts Macao, we have significantly enhanced the payment experience, making it smoother and more convenient for both domestic and international visitors. This initiative also helps foster an environment for the digital economy and technological innovation in Macao. Sands China will continue to collaborate with innovative technology partners, while actively supporting the Macao SAR Government's smart city development agenda. We are committed to ensuring that convenience and the latest digital services are easily accessible, and contributing to the quality growth of Macao’s tourism industry.”(Sands Resorts Macao)Gavin Zhao, Chief Technical Officer of Macau Pass, said, “As a leader in digital solutions in Macao, Macau Pass will integrate its own digital capabilities with the Alipay Tap! technology, connecting with local ecosystem scenarios to create a new model of digital commerce with local characteristics. In the future, we will further integrate one-stop terminals, benefits, and membership capabilities, helping merchants upgrade digitally and promoting the high-quality development of Macao's digital economy, providing strong support for the moderate diversification of the economy.”With the application of new technologies, the interaction between digital finance, innovative business models, and new forms of productivity will become increasingly close. The introduction of Alipay Tap! will not only further enhance the convenience of mobile payments in Macao but also integrate the physical and digital economies, injecting momentum into the development of smart tourism and smart city initiatives. At the same time, leveraging Macao's unique geographic advantage, it will promote deeper integration with the Greater Bay Area’s digital economy. This will improve the visitor experience and create an innovative digital ecosystem, while showcasing Macao’s appeal as a World Centre of Tourism and Leisure.14/01/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Tue, Jan 14
Japan's Nikkei tumbles as US AI curbs weigh on chip shares
TOKYO, Jan 14 (Reuters) - Japan's Nikkei share average slumped on Tuesday as investors shed semiconductor-sector stocks after the U.S. government said it would further restrict artificial intelligence (AI) chip and technology exports.Reuters
Tue, Jan 14
BUZZ-Highfield Resources soars on Australia nod for Yankuang Energy's investment
** Shares of Highfield Resources HFR.AX jump as much as 20.4% to A$0.295, their biggest intraday gain since April 2024** Australia's Foreign Investment Review Board clears Yankuang Energy's 600188.SS plan to buy up to $376 mln stake in the potash producer** Highfield also says it plans to buy Southe...Reuters
Tue, Jan 14
China mulls potential sale of TikTok US to Musk, Bloomberg News reports
Adds details and background throughout Jan 13 (Reuters) - Chinese officials are in preliminary talks about a potential option to sell TikTok's operations in the United States to billionaire Elon Musk, should the short-video app be unable to avoid an impending ban, Bloomberg News reported on MondaReuters
Tue, Jan 14
GLOBAL MARKETS-US futures steady, Japan slides in nervous wait for US CPI
US equity futures make small bounceJapan's Nikkei slides 1.5%Changes dateline and adds Asia openBy Caroline Valetkevitch and Tom Westbrook NEW YORK/SINGAPORE, Jan 14 (Reuters) - Ten-year Treasury yields hit 14-month highs, driving a spike in the dollar and a wave of selling in technology stocks w...Reuters
Tue, Jan 14
BUZZ-Australia's Peninsula Energy rises on approval for uranium project area expansion
** Shares of Peninsula Energy Ltd PEN.AX rise as much as 11.6% to A$1.440, posting their biggest intraday pct gain since Dec. 24, 2024** Stock touches highest level since Jan. 6** Uranium miner says it has received final approval from U.S. regulators to expand the authorised mine permit area for its...Reuters
Tue, Jan 14
Where Will 3M Stock Be in 3 Years?
3M (NYSE: MMM) was once a dependable dividend stock for conservative investors. The diversified conglomerate sold a broad range of industrial, worker safety, and consumer goods, and it was a Dividend King that consistently raised its dividend annually for more than 50 years. It's also been in the S&...The Motley Fool
Tue, Jan 14
3 No-Brainer High-Yield Dividend Stocks to Buy in 2025
High-yield dividend stocks can make great investments. They provide investors with a solid base return via their dividend income. Because of that, they don't have to grow that fast to produce an attractive total return. They also tend to be less volatile investments. Black Hills (NYSE: BKH), Brookfi...The Motley Fool
Tue, Jan 14
If I Could Buy Only 1 Semiconductor Stock Over the Next 10 Years, This Would Be It
For the last two years, technology stocks have generated some pretty generous returns. Since ChatGPT was commercially released on Nov. 30, 2022, the Nasdaq Composite and S&P 500 indexes have boasted total returns of 70% and 47%, respectively.Among some of the technology sector's biggest gainers have...The Motley Fool
Tue, Jan 14
Los Angeles utility sued for Palisades Fire water shortage, court filing shows
NEW YORK, Jan 13 (Reuters) - The Los Angeles Department of Water and Power was sued on Monday on claims that it failed to properly manage water supplies critical to fighting the deadly Palisades Fire, which has killed at least eight people and destroyed thousands of structures, a court filing showed...Reuters
Tue, Jan 14
PRECIOUS-Gold gains on uncertainty over Trump policies; US data awaited
Jan 14 (Reuters) - Gold prices gained on Tuesday, amid uncertainty around the incoming Trump administration's policies and fresh positioning ahead of crucial U.S. data for further cues on the Federal Reserve's monetary policy.FUNDAMENTALS* Spot gold XAU= rose 0.3% to $2,671.13 per ounce as of 0101 G...Reuters
Tue, Jan 14
Warren Buffett Just Added $94 Million to This Long-Time Holding That's Up More Than 325% Since He First Bought Shares
Warren Buffett hasn't seen a lot to like in the stock market for some time now. The Berkshire Hathaway CEO has sold more equities from the conglomerate's investment portfolio than he's added to it in each of the last eight quarters. The selling accelerated in 2024, totaling $133 billion through the ...The Motley Fool
Tue, Jan 14
Prediction: This Hypergrowth AI Stock Will Finish 2025 With the Largest Market Cap in the World (Hint: It's Not Nvidia)
2024 was the year Nvidia -- at least briefly -- became the world's largest company by market capitalization. The rising demand for artificial intelligence (AI) has put the computer chip maker in overdrive, with profits gushing. However, with a price-to-earnings ratio above 50 and profit margins expa...The Motley Fool
Tue, Jan 14
3 Ways President-Elect Donald Trump May Change Social Security and Their Consequences for Retirees
We're just days away from a second Trump administration entering the White House, and like all political transitions, we can expect changes once he takes office. Some of the most interesting ones for retirees could be those related to Social Security.The program is in danger of benefit cuts in about...The Motley Fool
Tue, Jan 14
Why Nvidia's Quantum Outlook Crushed IonQ and Rigetti Computing
Nvidia CEO Jensen Huang recently predicted it could take 15 to 30 years to bring "very useful quantum computers" to the market. He said those systems would require a million more quantum bits (qubits) than they have today.Huang's cautious comments caused two of the market's most popular quantum comp...The Motley Fool
Tue, Jan 14
Top Nvidia clients delay orders of Blackwell racks due to technical glitches
Overheating issues associated with ‘Blackwell’ racks have reportedly led Nvidia’s top customers to delay orders of the AI chip maker’s latest offering. A rack is a structure used in data centers to house chips, cables, and other essential equipment. The news comes at a time when the Biden administraCryptopolitan
Tue, Jan 14
