(Bloomberg) -- A key company behind Thailand’s national AI effort is suspected of helping to smuggle billions of dollars worth of Super Micro Computer Inc. servers containing advanced Nvidia Corp. chips to China, with Alibaba Group Holding Ltd. one of multiple end customers, according to people familiar with the matter.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of...
(Bloomberg) -- A key company behind Thailand’s national AI effort is suspected of helping to smuggle billions of dollars worth of Super Micro Computer Inc. servers containing advanced Nvidia Corp. chips to China, with Alibaba Group Holding Ltd. one of multiple end customers, according to people familiar with the matter.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Fires on Iranian Targets as Trump Demands Deal From TehranSony to Pay Almos
As the world held its breath over the fate of the Middle East this week, France has been gripped by a very different story: a scandal over a chewy rubber giraffe. Sophie la Girafe, the country’s national toy, has long been a symbol of “made in France” craftsmanship, sold as a gift to newborns across the country. But this week, it was revealed the beloved toy has secretly been manufactured in China...
As the world held its breath over the fate of the Middle East this week, France has been gripped by a very different story: a scandal over a chewy rubber giraffe. Sophie la Girafe, the country’s national toy, has long been a symbol of “made in France” craftsmanship, sold as a gift to newborns across the country. But this week, it was revealed the beloved toy has secretly been manufactured in China for the past decade. Vulli, the company behind the toy, quietly began moving production to China as...
Donny DBM/iStock via Getty Images Market Overview The leadership rotation and broadening of the market that began in October continued in early 2026. Investors were encouraged by a positive ISM Manufacturing PMI ® reading and other signs of economic strengthening. Simultaneously, artificial intelligence ( AI ) advancements intensified fears that the technology will disrupt many businesses, particu...
Donny DBM/iStock via Getty Images Market Overview The leadership rotation and broadening of the market that began in October continued in early 2026. Investors were encouraged by a positive ISM Manufacturing PMI ® reading and other signs of economic strengthening. Simultaneously, artificial intelligence ( AI ) advancements intensified fears that the technology will disrupt many businesses, particularly those offering products or services that could be delivered more effectively by AI agents. This led many investors to favor shares of companies with heavy assets and low obsolescence risk, a group that market commentators began referring to as “HALO stocks.” The small- and mid-cap value segments of the market benefited disproportionately from investor interest in this cohort. However, in the final weeks of the quarter, confidence in continued economic strengthening began to erode after the start of Operation Epic Fury, a joint assault on Iran by the US and Israel. Iran responded aggressively to the attacks and effectively closed the Strait of Hormuz, a critically important shipping lane for oil, natural gas, and petrochemicals produced in the region. As prices for these commodities surged, shares of many energy and materials companies rallied, while most others, particularly the recently favored HALO stocks, declined as investors considered the possibility of a prolonged military conflict that would increase costs for the global economy and negatively impact corporate profits. Although small- and mid-cap value stocks retreated from their February highs after the commencement of Operation Epic Fury, they still outpaced other market segments by a wide margin in the first quarter. The Russell 2000 Value ® Index, the Carillon Chartwell Small Cap Value Fund (CWSVX)’s benchmark, generated a total return of 5.0%. The best-performing sectors in the index were energy, information technology, and consumer staples. The worst-performing sectors were consumer discretionary, financ...
State experiences largest May snowstorm in 23 years, and extreme rainfall hits Eastern Cape of South Africa Colorado has experienced a late bout of winter weather this week as residents of Denver and the surrounding areas experienced their largest May snowstorm in 23 years. An outbreak of Arctic air brought freezing cold temperatures that allowed for rainfall to turn widely to snow on Tuesday afte...
State experiences largest May snowstorm in 23 years, and extreme rainfall hits Eastern Cape of South Africa Colorado has experienced a late bout of winter weather this week as residents of Denver and the surrounding areas experienced their largest May snowstorm in 23 years. An outbreak of Arctic air brought freezing cold temperatures that allowed for rainfall to turn widely to snow on Tuesday afternoon, continuing into Wednesday for much of the centre and north of the state. Denver was the hardest-hit metropolitan area with snow depths of 10-15cm (4-6in) across the city, and 15-20cm in some southern and western suburbs. Denver international airport recorded 15cm, causing hundreds of flight delays, and 35 cancellations. Continue reading...
Evonik Industries press release ( EVKIF ): Q1 Revenue of $3.43B (-9.3% Y/Y). Adjusted EBITDA in Q1 2026 at €475 million, slightly ahead of expectations Sales volumes fall by 2 percent, prices by 1 percent. Free cash flow was €183 million, nearly on par with the previous year (€195 million). Full-year forecast confirmed , second quarter to show improvement. More on Evonik Industries AG Evonik Indus...
Evonik Industries press release ( EVKIF ): Q1 Revenue of $3.43B (-9.3% Y/Y). Adjusted EBITDA in Q1 2026 at €475 million, slightly ahead of expectations Sales volumes fall by 2 percent, prices by 1 percent. Free cash flow was €183 million, nearly on par with the previous year (€195 million). Full-year forecast confirmed , second quarter to show improvement. More on Evonik Industries AG Evonik Industries AG 2025 Q4 - Results - Earnings Call Presentation Historical earnings data for Evonik Industries AG Dividend scorecard for Evonik Industries AG Financial information for Evonik Industries AG