Following are the edited highlights of Philippine President Ferdinand Marcos Jr .’s interview on Tuesday at the presidential palace in Manila with Bloomberg Television’s Haslinda Amin . Marcos Won’t Spend All Reserves on Peso, Sees 6% Growth by 2028 Philippines Says Grounding Planes Is a ‘Distinct Possibility’ Marcos Says War May Spur Energy Talks With China in Disputed Sea Bloomberg: Mr. Presiden...
Following are the edited highlights of Philippine President Ferdinand Marcos Jr .’s interview on Tuesday at the presidential palace in Manila with Bloomberg Television’s Haslinda Amin . Marcos Won’t Spend All Reserves on Peso, Sees 6% Growth by 2028 Philippines Says Grounding Planes Is a ‘Distinct Possibility’ Marcos Says War May Spur Energy Talks With China in Disputed Sea Bloomberg: Mr. President, thank you so much for joining us. Marcos: It’s a pleasure. Thank you, thank you for having me. Bloomberg: What are the key challenges of the economy? The Philippines used to be one of the fastest-growing in the region, now it’s a laggard. Can you get GDP back above 6%? Marcos: Yes, we believe we can. We were forecasting for the year 2026 that we were going to manage 6% to 7%, between 6 to 7%. That figure was something that we came up with internally, but as well, the other financing institutions and banks seemed to have the same opinion, because our grade on S&P was going to improve. However, with the war in the Middle East, those have to be redrawn. Everything has to be redrawn. Then, of course, oil does what it does, but it was fairly steady at $72 per barrel for a good while. Those are the bases we were calculating. Right now, things change every day, so we have to model and recalculate that. We’ll have to see how long this problem lasts and how long it will take to readjust. Unfortunately, our planning horizon for the economy is until the end of the year because if the war stopped today, the adjustment isn’t going to be instantly back to $70 per barrel. The uncertainty and the lack of stability is going to factor into that—the general risk factor is still there. And that’s not going to diminish immediately. That’s going to taper off. We hope that it tapers off over a relatively short period. Bloomberg: But how do you get to above 6%? What is needed? Marcos: It’s investment. When it comes to production, perhaps our largest export in dollar terms is semiconductors. Tha...
GEVORKYAN, a.s. oznamuje úspešnú realizáciu ABB, na základe ktorej získala kapitál na ďalší rozvoj výrobných kapacít, technologické inovácie a posilnenie svojho postavenia na medzinárodných trhoch, vrátane investícií do robotizácie a automatizácie. V súlade s týmito cieľmi boli získané potrebné prostriedky okrem iného aj na pokrytie nedávno uskutočnenej akvizície v Taliansku. Zároveň spoločnosť vď...
GEVORKYAN, a.s. oznamuje úspešnú realizáciu ABB, na základe ktorej získala kapitál na ďalší rozvoj výrobných kapacít, technologické inovácie a posilnenie svojho postavenia na medzinárodných trhoch, vrátane investícií do robotizácie a automatizácie. V súlade s týmito cieľmi boli získané potrebné prostriedky okrem iného aj na pokrytie nedávno uskutočnenej akvizície v Taliansku. Zároveň spoločnosť vďaka ABB zvýšila free float na Pražskej burze, čo bolo zo strany expertov opakovane odporúčané ako nevyhnutná podmienka na zvýšenie likvidity.
GEVORKYAN, a.s. oznamuje úspěšnou realizaci ABB, na jejímž základě získala kapitál na další rozvoj výrobních kapacit, technologické inovace a posílení svého postavení na mezinárodních trzích, včetně investic do robotizace a automatizace. V souladu s těmito cíli byly získány potřebné prostředky mimo jiné i k pokrytí nedávno uskutečněné akvizice v Itálii. Zároveň díky ABB společnost zvýšila free flo...
GEVORKYAN, a.s. oznamuje úspěšnou realizaci ABB, na jejímž základě získala kapitál na další rozvoj výrobních kapacit, technologické inovace a posílení svého postavení na mezinárodních trzích, včetně investic do robotizace a automatizace. V souladu s těmito cíli byly získány potřebné prostředky mimo jiné i k pokrytí nedávno uskutečněné akvizice v Itálii. Zároveň díky ABB společnost zvýšila free float na Pražské burze, což bylo ze strany expertů opakovaně doporučováno jako nezbytná podmínka pro zvýšení likvidity.
GEVORKYAN, a.s. announces the successful completion of ABB, through which it obtained capital for the further development of its production capacities, technological innovation, and strengthening of its position in international markets, including investments in robotisation and automation. In line with these objectives, the funds raised will be used, among other things, to cover the recently comp...
GEVORKYAN, a.s. announces the successful completion of ABB, through which it obtained capital for the further development of its production capacities, technological innovation, and strengthening of its position in international markets, including investments in robotisation and automation. In line with these objectives, the funds raised will be used, among other things, to cover the recently completed acquisition in Italy. At the same time, thanks to ABB, the company increased its free float on the Prague Stock Exchange, which had been repeatedly recommended by experts as a necessary condition for increasing liquidity.
Russia-Linked Arms Trafficker, Corrupt African Officials Tried To Supply Mexican Cartel With Surface-To-Air Missiles Submitted by The Bureau's Sam Cooper (emphasis our own), Federal prosecutors in Virginia have charged four men — a Bulgarian arms trafficker with ties to the notorious Russian weapons dealer Viktor Bout, and several African co-conspirators with connections to the governments of Ugan...
Russia-Linked Arms Trafficker, Corrupt African Officials Tried To Supply Mexican Cartel With Surface-To-Air Missiles Submitted by The Bureau's Sam Cooper (emphasis our own), Federal prosecutors in Virginia have charged four men — a Bulgarian arms trafficker with ties to the notorious Russian weapons dealer Viktor Bout, and several African co-conspirators with connections to the governments of Uganda and Tanzania — with conspiring to supply the Cartel de Jalisco Nueva Generación with a $58 million military arsenal that included rocket launchers, surface-to-air missiles, anti-aircraft drones, and high-powered explosives the brokers boasted could bring down helicopters. The international arms trafficking conspiracy deepens an already troubling portrait of the military reach and intelligence ties of the Cartel de Jalisco Nueva Generación . Court documents unsealed by the Department of Justice, in an investigation first reported by The Bureau , revealed that Iran’s Ministry of Intelligence and Security publicly issued threats directing the cartel to execute Goldie Ghamari — a prominent Iranian-Canadian activist and former Ontario politician — at her Ottawa home, offering a $250,000 bounty. The arms case suggests that the cartel Iran chose as its instrument of political assassination was simultaneously seeking the weapons inventory of a mid-tier military force. The investigation was carried out by the Drug Enforcement Administration’s Special Operations Division — an elite, little-known counternarcotics unit that deploys high-grade intelligence tradecraft and has built its reputation targeting criminals of international reach, including those with connections to senior officials in hostile and corrupt states. The April 2025 indictment, unsealed this month, identifies Peter Dimitrov Mirchev as the network’s central architect — a Bulgaria-based international arms trafficker the grand jury describes as having engaged in weapons trafficking for approximately 25 years. Court r...
In a trip to Xiongan New Area, Chinese President Xi Jinping has called for the area to be transformed into an innovation hub to spark high-quality development in a project intended to take pressure off China’s capital, Beijing. It was the president’s first inspection tour to the “city of the future” after the country’s “two sessions” annual parliamentary meetings and the launch of China’s 15th fiv...
In a trip to Xiongan New Area, Chinese President Xi Jinping has called for the area to be transformed into an innovation hub to spark high-quality development in a project intended to take pressure off China’s capital, Beijing. It was the president’s first inspection tour to the “city of the future” after the country’s “two sessions” annual parliamentary meetings and the launch of China’s 15th five-year plan. During an inspection on Monday of the area in Hebei province, about 100km (62 miles)...
(RTTNews) - Kingfisher (KGF.L) reported that its fiscal year pre-tax profit rose by 23.0% to 378 million pounds. Basic EPS on a statutory basis increased by 39.5% to 14.0 pence. Adjusted pre-tax profit grew by 6.0% to 560 million pounds. Adjusted basic earnings per share increase
(RTTNews) - Kingfisher (KGF.L) reported that its fiscal year pre-tax profit rose by 23.0% to 378 million pounds. Basic EPS on a statutory basis increased by 39.5% to 14.0 pence. Adjusted pre-tax profit grew by 6.0% to 560 million pounds. Adjusted basic earnings per share increase
Cadeler A/S press release ( CDLR ): FY revenue of €620M (+149.0% Y/Y). Ebitda reached EUR 425 million for the year, up from EUR 126 million in 2024, while net profit for the year totalled EUR 280 million, compared to EUR 65 million the previous year. As of today’s date, Cadeler’s order backlog stands at EUR 2.8 billion, up from approximately EUR 2.3 billion at the end of 2024. Outlook 2026: Expect...
Cadeler A/S press release ( CDLR ): FY revenue of €620M (+149.0% Y/Y). Ebitda reached EUR 425 million for the year, up from EUR 126 million in 2024, while net profit for the year totalled EUR 280 million, compared to EUR 65 million the previous year. As of today’s date, Cadeler’s order backlog stands at EUR 2.8 billion, up from approximately EUR 2.3 billion at the end of 2024. Outlook 2026: Expected Revenue: EUR 845 million - EUR 944 million Expected EBITDA: EUR 420 million - EUR 510 million More on Cadeler A/S Seeking Alpha’s Quant Rating on Cadeler A/S Historical earnings data for Cadeler A/S Financial information for Cadeler A/S
Bet_Noire/iStock via Getty Images Sol‑Gel Technologies ( SLGL ) priced an oversubscribed underwritten public offering of ~459K shares at $72.00 per share, generating roughly $33.1M in gross proceeds. The net proceeds will be used to fund the continued development of SGT-610, including pre-commercialization activities and research and development, and the remainder for working capital and other gen...
Bet_Noire/iStock via Getty Images Sol‑Gel Technologies ( SLGL ) priced an oversubscribed underwritten public offering of ~459K shares at $72.00 per share, generating roughly $33.1M in gross proceeds. The net proceeds will be used to fund the continued development of SGT-610, including pre-commercialization activities and research and development, and the remainder for working capital and other general corporate purposes. SGT-610 is a formulation designed to prevent the formation of new basal cell carcinomas in patients with Gorlin syndrome. The offering is expected to close on or about March 25, 2026. The stock price dropped about 9% to $66.20 on Tuesday during pre-market hours of trading. More on Sol-Gel Technologies Sol-Gel Technologies: Downgrading To 'Hold' As Success Relies On Upcoming Q4 Catalyst Seeking Alpha’s Quant Rating on Sol-Gel Technologies Historical earnings data for Sol-Gel Technologies Financial information for Sol-Gel Technologies
The UK ’s antitrust watchdog imposed reforms on the UK’s £6.7 billion ($9 billion) veterinary market to improve pricing transparency and curb rising costs for pet owners. The Competition and Markets Authority introduced pricing caps on written prescriptions, ordered listing of prices online and other measures to make it easier for animal owners to find cheaper services and medicines, according to ...
The UK ’s antitrust watchdog imposed reforms on the UK’s £6.7 billion ($9 billion) veterinary market to improve pricing transparency and curb rising costs for pet owners. The Competition and Markets Authority introduced pricing caps on written prescriptions, ordered listing of prices online and other measures to make it easier for animal owners to find cheaper services and medicines, according to a statement on Tuesday. “Today’s reforms will make a real difference to the millions of pet owners who want the best for their pets but struggle to find the practice, treatment and price that meets their needs,” the CMA said. The decision comes two years after the CMA started a probe that found that pet owners pay 17% more on average at large vet groups than at independent vets. Price hikes at least three large groups outpaced the independent practices, it found. The CMA’s investigation looked at six large veterinary groups including London-listed CVS Group Plc and Pets at Home Group Plc.
Rolling coverage of the latest economic and financial news Middle East crisis live: Iran dismisses Trump claim of talks; von der Leyen says global energy situation is ‘critical’ Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The dust is settling in the markets after a classic roller-coaster session yesterday, when hopes of de-escalation ...
Rolling coverage of the latest economic and financial news Middle East crisis live: Iran dismisses Trump claim of talks; von der Leyen says global energy situation is ‘critical’ Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The dust is settling in the markets after a classic roller-coaster session yesterday, when hopes of de-escalation in the Middle East drove up shares and hit oil. Iran initially denied any knowledge of the talks, although reports suggest the US administration may have identified a potential new negotiating partner open to a ceasefire. However, some of this optimism has been overshadowed this morning by fresh reports of US and Israeli strikes on energy-related buildings in Iran’s Isfahan region, which has seen [US] crude oil bounce 3% to $91.53. Presumably, these latest strikes are designed to get all of Iran’s new leadership group on the same ceasefire page ahead of Trump’s revised deadline for Iran to reopen the Strait of Hormuz, which is now set for Friday. Crucially, this deadline coincides with the expected arrival of 2,200 Marines of the 31st Marine Expeditionary Unit in the Gulf Region, along with the USS Tripoli and USS New Orleans. 9am GMT: Eurozone flash PMI report for March 9.30am GMT: UK PMI report for March 9.30am GMT: The Science, Innovation and Technology Committee will question senior representatives of Google, TikTok, X and Meta 1.30pm: Bank of England chief economist Huw Pill speech at central banking conference in North Macedonia 2.30pm GMT: Business and Trade committee hearing on Royal Mail 2.45pm GMT: US PMI report for March Continue reading...