Nedap expands partnership with Albert Heijn with mobile access Nedap (AMS:NEDAP), a global leader in Digital Twin Technology and access management solutions, announces the expansion of its partnership with Albert Heijn, with the introduction of Nedap Mobile Access across the offices of Albert Heijn, Etos, Gall & Gall, and Ahold Delhaize in the Netherlands. Groenlo, the Netherlands, 9 June, 2026, 0...
Nedap expands partnership with Albert Heijn with mobile access Nedap (AMS:NEDAP), a global leader in Digital Twin Technology and access management solutions, announces the expansion of its partnership with Albert Heijn, with the introduction of Nedap Mobile Access across the offices of Albert Heijn, Etos, Gall & Gall, and Ahold Delhaize in the Netherlands. Groenlo, the Netherlands, 9 June, 2026, 07:00 CEST. Nedap expands partnership with Albert Heijn with mobile access Enabling secure and conven
An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city of Basra on April 29, 2026. Hussein Faleh | Afp | Getty Images Iraq and the United Arab Emirates are fast-tracking plans to expand oil pipelines to replace the capacity lost by the closure of the Strait of Hormuz, as new data reveals their stark dependency on the Persian Gulf....
An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city of Basra on April 29, 2026. Hussein Faleh | Afp | Getty Images Iraq and the United Arab Emirates are fast-tracking plans to expand oil pipelines to replace the capacity lost by the closure of the Strait of Hormuz, as new data reveals their stark dependency on the Persian Gulf. Last week, the Iraqi cabinet approved plans to accelerate crude exports through the Kurdistan-Turkey pipeline network, which would more than triple its existing shipments from 220,000 barrels per day to 770,000. The route offers an alternative passage through Kurdistan to Turkey's Mediterranean port of Ceyhan. When operating at full capacity, it should provide relief to the oil-dependent Iraqi economy, which contributed 53% to its real GDP in 2025, according to the World Bank. Exclusive data shown to CNBC by economic intelligence provider QuantCube Technology reveals that Iraq's overall exports have virtually dried up since the war began, as a result of its geographical dependence on Hormuz. QuantCube's indicator measures the volume of deadweight tonnage leaving Iraqi and UAE ports, which provides an estimate of the cargo weight the ships are carrying. "Iraq is in a much more complicated situation because we know that most, if not all of its oil, transits through Hormuz," Alan Lemangnen, senior economist at QuantCube, told CNBC in an interview. Iraq announced in a press conference on May 16 that it had exported 10 million barrels of oil through the Strait of Hormuz in April, down from 93 million barrels before the war. Meanwhile, Abu Dhabi is fast-tracking construction of the new West-East pipeline to Fujairah as it also looks to expand its oil export capacity and bypass the Strait of Hormuz chokepoint. The project, expected to come online in 2027, will double the Abu Dhabi National Oil Company's (ADNOC) export capacity. Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin...
Robert Way AI search startup Perplexity plans to pursue an initial public offering in 2028 regardless of how the market responds to the expected public listings of rivals OpenAI ( OPENAI ) and Anthropic ( ANTHRO ) , CNBC reported, citing an interview with CEO Aravind Srinivas . “Agnostic of these two companies, we were planning for something in 2028 so that remains the case,” Srinivas told CNBC . ...
Robert Way AI search startup Perplexity plans to pursue an initial public offering in 2028 regardless of how the market responds to the expected public listings of rivals OpenAI ( OPENAI ) and Anthropic ( ANTHRO ) , CNBC reported, citing an interview with CEO Aravind Srinivas . “Agnostic of these two companies, we were planning for something in 2028 so that remains the case,” Srinivas told CNBC . The comments come as the AI industry braces for a wave of high-profile listings. Srinivas had previously said Perplexity did not expect to go public before 2028 and his latest remarks provide a firmer target of a 2028 IPO. “I certainly think there will be ripple effects if they don’t go well, like there is no sugar coating on that. The SpaceX IPO this week will definitely be a leading indicator of how Anthropic or OpenAI will go out,” he added. “I think it’s important for the AI industry that these IPOs go well, and I actually think they will go well, because they’re doing well.” The lofty valuations of Anthropic ( ANTHRO ) and OpenAI ( OPENAI ), two of the world's leading AI "frontier labs," have drawn close attention from investors. Srinivas added that both companies merit premium valuations because they remain at the cutting edge of AI development. "If for six months you don't see a model capability advance from one of these two companies, then it's a problem for them," Srinivas said, adding that there are currently no signs of such a slowdown. Srinivas said a recent trend, dubbed "tokenmaxxing," has seen employees boost AI usage to signal productivity. “If there is an open source model that gets the job done 90% of the time, I’d probably use that if it’s 10 to 20 times cheaper than the frontier model,” Srinivas explained. “The future is still awesome for frontier intelligence, but it’s not going to be mindless spending, as we saw in the last few months.” More on goeasy: Vital Quarters Ahead Of Us, A Detailed Analysis PPC Ltd (PPCLY) Q4 2026 Earnings Call Transcript Blac...
About 3,000 residents at a Tsuen Wan housing estate have been left without water and with disrupted lift services for more than 24 hours after a power outage, with electricity only gradually restored around noon on Tuesday. The outage struck Phase 1 of Tsuen Wan Centre on Monday morning, affecting around 1,000 households across five blocks and a care home for people with disabilities. According to...
About 3,000 residents at a Tsuen Wan housing estate have been left without water and with disrupted lift services for more than 24 hours after a power outage, with electricity only gradually restored around noon on Tuesday. The outage struck Phase 1 of Tsuen Wan Centre on Monday morning, affecting around 1,000 households across five blocks and a care home for people with disabilities. According to a notice issued by the Tsuen Wan Centre Management Services Office on Tuesday morning, electricity...
JHVEPhoto/iStock Editorial via Getty Images goeasy Ltd. ( GSY:CA ) has had a tricky couple of months, and there could be further pain down the road. What started as concerns over its loan portfolio towards the end of 2025 quickly turned into an explosion in its LendCare portfolio, high delinquencies, high net charge-offs, and a revolving door of executives. With that being said, I believe goeasy, ...
JHVEPhoto/iStock Editorial via Getty Images goeasy Ltd. ( GSY:CA ) has had a tricky couple of months, and there could be further pain down the road. What started as concerns over its loan portfolio towards the end of 2025 quickly turned into an explosion in its LendCare portfolio, high delinquencies, high net charge-offs, and a revolving door of executives. With that being said, I believe goeasy, at these prices, could in theory be a buy, but I will rate it a short-term hold until I see clear execution and risks around charge-offs and LendCare decrease. The future of goeasy and the potential "buy" signal that may come will revolve around their 6-point Turnaround strategy. I want to make one thing clear to readers: I am planning to be risk averse with goeasy. I do not mind lower gains to reduce risk in a scenario such as this one, and this is why I am rating goeasy as a hold until I see what happens after Q2 2026 earnings and the July 1st audit results. With that being said, there are things I would like to see from goeasy not repeated in the future, even if the 6-point strategy is executed well. The Business goeasy is a Canadian subprime lender that provides loans to customers with a credit score in the sub-700s. As a subprime lender, the loans they provide are high in interest rate, around 25-35% APR for the most part, 35% being a hard cap due to regulation brought by the Canadian government in 2025. I disagree that this regulation helps the consumer since it encourages off-the- record, loan shark-type activity, but that is a discussion for another day. goeasy operates 3 main branches under their umbrella, all within the Canadian financial sector. easyfinancial, easyhome, and LendCare. easyfinancial offers direct secured and unsecured personal loans to goeasy customers. The loans are installment loans, and the amortization can range from 1 to 7 years. easyfinancial, together with LendCare (which will now become a single reporting entity), is almost the entire busin...