"The 21 babies in the case, all of the nursery workers involved in the investigation, the police time to look at the CCTV footage, the court system, the prison service, the amount of time, energy, resource and heartache that we have gone through with this whole process – for all that to be disregarded, is just horrendous," she said.
"The 21 babies in the case, all of the nursery workers involved in the investigation, the police time to look at the CCTV footage, the court system, the prison service, the amount of time, energy, resource and heartache that we have gone through with this whole process – for all that to be disregarded, is just horrendous," she said.
At least one in 10 women live with adenomyosis, a womb condition which can cause heavy, painful and irregular periods with one sufferer saying her pain got so bad it she felt like she had a "chainsaw" inside her.
At least one in 10 women live with adenomyosis, a womb condition which can cause heavy, painful and irregular periods with one sufferer saying her pain got so bad it she felt like she had a "chainsaw" inside her.
Dubai-based Averi Finance is in talks with Mantengu Ltd. over a reverse takeover of the South African mining firm that would result in the Middle Eastern company listing in Johannesburg. Mantengu will issue 650 million new shares for the deal, which will see Averi transferring its portfolio of projects, ranging from oil and gas to renewable energy and digital infrastructure into the company, Averi...
Dubai-based Averi Finance is in talks with Mantengu Ltd. over a reverse takeover of the South African mining firm that would result in the Middle Eastern company listing in Johannesburg. Mantengu will issue 650 million new shares for the deal, which will see Averi transferring its portfolio of projects, ranging from oil and gas to renewable energy and digital infrastructure into the company, Averi founder and Chief Executive Officer Gaspar Lino said in an interview. Averi will control 66.7% of the group and Mantengu shareholders the rest after the transaction, he said. Averi, which is headquartered in Dubai and is Mauritius-regulated, is seeking a listing on the continent because it has invested in projects across ten African markets over the last decade, including South Africa, Angola and the Democratic Republic of the Congo, Lino said. The group has concluded transactions in Africa to the value of about $15 billion, he said. “A public listing will provide us better access to institutional investors and wider sources of capital, and we plan to scale and grow our portfolio,” said Lino. “We considered Mauritius, London and US to list, but decided the JSE is the right market for us as we continue our strategy to invest in Africa.” Still, talks are at an early stage, and there are no guarantees that a deal can be reached, said Lino. According to the terms, the implied enterprise value is about $179 million. The group is aiming for about $1 billion in revenues over the next three years, he said. Mantengu’s current CEO Magen Naidoo said the parties have decided on a name change if a deal goes ahead, and will then configure management and the board. He said expectations are that the enlarged entity could move to the main board of the JSE. The Johannesburg-based miner began a consultation process with employees and a labor union at a unit regarding potential job cuts after deciding not to resume silicon carbide production due to high electricity tariffs.
Changes made by Defra to the legislation have made it easier in recent weeks for primate owners, he says, but it is still "not going to be easy for anyone to keep a primate in their home".
Changes made by Defra to the legislation have made it easier in recent weeks for primate owners, he says, but it is still "not going to be easy for anyone to keep a primate in their home".
Hogogo The Trump administration is "not in a rush" to extend a tariff and critical minerals trade truce with China that ends in November, as there is time to renew it in meetings later this year, U.S. Treasury Secretary Scott Bessent said on Tuesday, as per Reuters. In his first interview since attending last week's high-stakes summit between Chinese President Xi Jinping in Beijing, Bessent said ...
Hogogo The Trump administration is "not in a rush" to extend a tariff and critical minerals trade truce with China that ends in November, as there is time to renew it in meetings later this year, U.S. Treasury Secretary Scott Bessent said on Tuesday, as per Reuters. In his first interview since attending last week's high-stakes summit between Chinese President Xi Jinping in Beijing, Bessent said that he believes China will accept the restoration of prior U.S. tariff rates through new Section 301 duties, as long as they don't go higher. China in recent months had "gotten a deal" on lower tariffs as a result of the U.S. Supreme Court's decision striking down President Donald Trump's global emergency duties, he said on the sidelines of a G7 finance leaders meeting in Paris. "I think we're not in a rush to extend it," Bessent said of the November 2025 tariff truce. "Things are stable." He added that China has "been satisfactory, but not excellent in terms of their fulfillment on their side on critical minerals. So we're seeing them again." Xi is expected to travel to Washington to meet with Trump at the White House in September. Prior to that summit, Bessent said that he will meet with his counterpart, Vice Premier He Lifeng, to work out more details on trade matters, the report added. Dear readers: We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion. More on markets, etc. Why The Next Major Market Move Will Be Down Two Inflation Charts You Can't Ignore Don't Mistake Profit Taking For A Regime Change: This Ain't Market Broadening Market calm is the red flag - Kolanovic SA analyst says markets await 'next shoe to drop' in Middle East
bluefox42/iStock via Getty Images Seritage Growth Properties ( SRG , SRG.PR.A ) closed on its previously announced $11 million asset sale after the end of Q1 2026 , but reported as of mid-May that it didn't have any other assets under contract with closings deemed probable. Seritage's cash burn appears to be around $9 million to $10 million per quarter before asset sale proceeds. It had $63.2 mill...
bluefox42/iStock via Getty Images Seritage Growth Properties ( SRG , SRG.PR.A ) closed on its previously announced $11 million asset sale after the end of Q1 2026 , but reported as of mid-May that it didn't have any other assets under contract with closings deemed probable. Seritage's cash burn appears to be around $9 million to $10 million per quarter before asset sale proceeds. It had $63.2 million in cash (including restricted cash) as of mid-May but also has $50 million in term loan debt maturing at the end of July. Seritage should be able to deal with that term loan debt, but potentially at the cost of dilution and/or higher interest costs. That uncertainty plus the continued slow pace of asset sales (along with recent impairments) leads me to reduce Seritage's estimated value from $2.25 per share to $2.75 per share. This is down from $3.25 per share when I last looked at Seritage, and I believe the risks are weighted more to the downside at this time. Notes on Asset Sale Progress Seritage's asset sale progress continues to be slow in recent months. In Q1 2026, Seritage received a $5.7 million distribution from an unconsolidated entity due to the sale of a portion of the underlying property. It also noted that it generated $11 million in gross proceeds from the sale of one vacant/non-income-producing asset after the end of the quarter. Those two deals were already mentioned in Seritage's Q4 2025 report (released at the end of March 2026). Seritage indicated (as of mid-May 2026) that it didn't have any other assets under contract with closings that are deemed probable. Q1 2026 Update Seritage noted that it is continuing discussions to refinance the remaining $50 million in debt that is maturing at the end of July 2026. It also continues to explore the possibility of a strategic transaction while attempting to sell its remaining properties. Seritage's cash burn in Q1 2026 (before asset sale proceeds) was approximately $9 million. It ended Q1 2026 with $58.8 milli...
In this article KER-FR PNDRY PNDRY HMRZF HMRZF BC-IT Follow your favorite stocks CREATE FREE ACCOUNT Fashion recycling startup Circ separates cotton and polyester from clothing that can't be repaired or resold and sells it back to the clothing supply chain. Courtesy: Circ COPENHAGEN, Denmark — As the retail world navigates the first half of 2026, a strange paradox has taken hold of the global fash...
In this article KER-FR PNDRY PNDRY HMRZF HMRZF BC-IT Follow your favorite stocks CREATE FREE ACCOUNT Fashion recycling startup Circ separates cotton and polyester from clothing that can't be repaired or resold and sells it back to the clothing supply chain. Courtesy: Circ COPENHAGEN, Denmark — As the retail world navigates the first half of 2026, a strange paradox has taken hold of the global fashion industry. On the one hand, the runways of Paris and the digital storefronts of fashion giants are flooded with "green" messaging. Danish jeweler Pandora is focusing on lab-grown diamonds, Kering 's Gucci is touting "circular" polyester, and major retail apps are rolling out resale platforms. But despite the marketing blitz, fashion executives admit that most consumers, battered by a persistent cost-of-living crisis, aren't willing to pay more for an ethically produced product, or "sustainability premium." Instead, shoppers have become increasingly selective and price-sensitive, looking for value above all else. The fashion industry remains an outsized contributor to climate change, accounting for roughly 10% of global carbon emissions. But if the consumer isn't buying the pitch, why is the industry doubling down on a sales pitch that isn't selling? The answer is cold, hard risk management. Ditching the old growth playbook For much of the last decade, retail's financial playbook was simple: scale up, lower sourcing costs, and use tactical promotions to clear the racks. In 2026, brands can no longer rely on those levers to grow profits, according to the latest State of Fashion report by McKinsey and the Business of Fashion. Instead, brand strength and flexible sourcing are becoming important levers for protecting margins. Executives said that changes to margin and cost strategies will be the second-most important theme shaping the industry in 2026 — second only to trade disruptions like tariffs, the report found. Adding to the sector's challenges of wavering consumer dema...
Key Points Even though Berkshire Hathaway no longer owns Amazon, it is still well-positioned to cash in on AI. Two of Berkshire Hathaway's largest holdings are outstanding long-term bets on AI. 10 stocks we like better than Alphabet › Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) is entering a new era. The conglomerate that Warren Buffett built over decades has a new CEO, Greg Abel, who took over f...
Key Points Even though Berkshire Hathaway no longer owns Amazon, it is still well-positioned to cash in on AI. Two of Berkshire Hathaway's largest holdings are outstanding long-term bets on AI. 10 stocks we like better than Alphabet › Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) is entering a new era. The conglomerate that Warren Buffett built over decades has a new CEO, Greg Abel, who took over from the Oracle of Omaha on Jan. 1. In his first full quarter as the head of Berkshire Hathaway, Abel oversaw some notable moves. For instance, the company exited its positions in several stocks, including Amazon (NASDAQ: AMZN). Some may find that decision puzzling. Amazon is a leader in cloud computing, artificial intelligence (AI), and e-commerce, and arguably possesses a wide moat from several sources. And with the AI industry still in full swing, Amazon may be a great pick to capitalize on it. However, Abel and his team haven't given up on AI. There are at least two stocks in Berkshire Hathaway's portfolio that could be major winners from the AI revolution. Read on to find out more. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » 1. Alphabet Berkshire Hathaway first bought Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Class A shares (which grant voting rights) in the third quarter of 2025. In the first quarter, the company increased its stake in this position by 204%, while also adding Alphabet's Class C shares (which come with no voting rights). The conglomerate is clearly excited about the future of Alphabet, and it is not surprising. Alphabet has many of the qualities of Buffett-style investing. For one, it is a fairly straightforward, easy-to-understand business. Alphabet is the leading search engine company in the world through Google and also owns the largest video-sharing platform on the web, YouTub...