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PRESS RELEASE: Bigben Interactive announces the convening of the meeting of the holders of its bonds exchangeable into shares of Nacon due 2026 to amend their terms and conditions
Globenewswire· 2026-01-16 07:00
Core Viewpoint - Bigben Interactive is convening a meeting for bondholders to vote on amendments to the terms and conditions of its exchangeable bonds due in 2026, following a new bank financing of 43 million euros aimed at a partial redemption of these bonds [2][3][5]. Group 1: Financial Restructuring - The company announced a refinancing agreement of 43 million euros to facilitate a partial redemption of its exchangeable bonds [2][3]. - The outstanding amount of the bonds is currently 57.4 million euros, redeemable at maturity at 103% of their principal value, totaling 59.1 million euros [6]. - The proposed amendments include a partial redemption of 75,000 euros per bond, reducing the principal amount per bond from 100,000 euros to 28,000 euros [13]. Group 2: Proposed Amendments - The amendments will extend the maturity date of the non-redeemed portion of the bonds to August 19, 2032, which is a 6.5-year extension [9][15]. - The initial unit exchange price will be reduced to 0.85 euros until August 19, 2029, and then to 0.80 euros until maturity, compared to the initial price of 9.60 euros [9][15]. - The coupon rate will gradually increase from 1.125% to 5.125% over the life of the bonds [9][15]. Group 3: Bondholder Meeting - A general meeting of bondholders is scheduled for February 2, 2026, to vote on the proposed amendments, with 51% of bondholders already committed to voting in favor [2][7][20]. - If a quorum is not reached, a second meeting will be convened on February 13, 2026 [20]. - The agenda for the meeting includes the approval of the amendments and the filing of related documents [22].
Norsk Hydro: Invitation to Hydro's fourth quarter results 2025
Globenewswire· 2026-01-16 07:00
Core Insights - Hydro's fourth quarter results for 2025 will be released on February 13, 2025, at 07:00 CET [1] - The integrated annual report for 2025 will be available the same day at 08:00 CET [1] Group 1 - President and CEO Eivind Kallevik and Executive Vice President and CFO Trond Olaf Christophersen will host a webinar in English at 08:30 CET on the same day [2] - A Q&A session will follow the presentation, and there will be no physical presentation or press conference [2] - The webinar can be accessed via a link to the webcast page, and no prior login or registration is required [2] Group 2 - Dial-in options are available for participants from Norway, the UK, and the US [2] - The meeting ID for the webinar is 920 8167 1402 [2] - Companies are advised to check for any restrictions on using the Zoom platform in advance [2] Group 3 - Investor contact for inquiries is Baard Erik Haugen, with provided contact details [3] - The information is subject to disclosure requirements under the Norwegian Securities Trading Act [3]
YouTuber MKBHD Hails Tesla Model Y Performance, Calls EV Giant's Self-Driving Technology 'The Best' - Tesla (NASDAQ:TSLA)
Benzinga· 2026-01-16 06:50
YouTuber Marques Brownlee, aka MKBHD, has shared his thoughts on the Tesla Inc. (NASDAQ:TSLA) Model Y Performance trim, as well as the company's self-driving technology.Tesla Self-Driving Is The Best Ever, MKBHD SaysThe YouTuber, in a review of the Model Y Performance on Thursday, hailed the crossover's software on the 16-inch touchscreen infotainment display, which is also a real-time representation of the car."This is the best software in a car that is not Android Auto or Apple CarPlay," both of which are ...
CCPA fines Meta, Amazon, Flipkart, Meesho ₹10 lakh each for illegal walkie-talkie sales
BusinessLine· 2026-01-16 06:42
The Central Consumer Protection Authority (CCPA) has initiated suo motu action against e-commerce platforms for listing and selling unauthorised walkie-talkies in violation of the Consumer Protection Act, 2019 and telecom laws, issuing final orders against eight entities and imposing penalties totalling ₹44 lakh. Notices were issued to 13 e-commerce entities -- Chimiya, JioMart, Talk Pro, Meesho, MaskMan Toys, TradeIndia, Antriksh Technologies, Vardaanmart, IndiaMart, Meta Platforms Inc. (Facebook Marketpla ...
Chevron takes final investment decision on Leviathan gas expansion
Reuters· 2026-01-16 06:41
Core Viewpoint - Chevron has made a final investment decision to expand production at Israel's Leviathan natural gas field, which will increase supplies to both domestic and regional markets [1] Group 1: Company Actions - Chevron's decision to expand production at the Leviathan field indicates a strategic move to enhance its operational capacity in the natural gas sector [1] - The expansion is expected to significantly boost the supply of natural gas, addressing both local and regional demand [1] Group 2: Industry Implications - The expansion of the Leviathan natural gas field is likely to have a positive impact on the energy market in Israel and surrounding regions, potentially stabilizing supply and influencing pricing dynamics [1] - This move aligns with broader trends in the energy sector, where companies are increasingly focusing on natural gas as a cleaner alternative to other fossil fuels [1]
Sampo plc’s share buybacks 15 January 2026
Globenewswire· 2026-01-16 06:30
Group 1 - Sampo plc has conducted a share buyback on 15 January 2026, acquiring a total of 277,459 A shares at an average price of EUR 10.01 per share [1] - The share buyback program, announced on 5 November 2025, has a maximum limit of EUR 150 million and is in compliance with the Market Abuse Regulation [1] - The buyback program commenced on 6 November 2025, following authorization from Sampo's Annual General Meeting held on 23 April 2025 [1] Group 2 - After the recent transactions, Sampo plc now holds a total of 11,914,029 A shares, which represents 0.45% of the total number of shares in the company [2] - Detailed information regarding each transaction is available in the appendix of the announcement [2]
Australian Rate Increase Could Be More Likely Than Markets Expect
WSJ· 2026-01-16 06:21
Core Viewpoint - The Federal Reserve is under pressure to cut interest rates, while the Reserve Bank of Australia is experiencing a different economic dynamic, which has implications for global currency and fixed-income markets [1] Group 1 - The Fed's potential interest rate cuts could influence global financial markets, particularly in currency and fixed-income sectors [1] - The contrasting monetary policy approaches between the Fed and the Reserve Bank of Australia highlight differing economic conditions and challenges faced by each central bank [1]
Chevron Takes Final Investment Decision on Leviathan Gas Expansion
Businesswire· 2026-01-16 06:20
Core Viewpoint - Chevron Corporation, through its subsidiary Chevron Mediterranean Limited, has made a Final Investment Decision (FID) to expand the production capacity of the Leviathan natural gas reservoir offshore Israel, highlighting its commitment to natural gas production and exports in the Eastern Mediterranean [1]. Group 1 - Chevron is recognized as a leading energy player in the Eastern Mediterranean region [1]. - The expansion of the Leviathan production platform is deemed strategic for meeting energy demands [1].
This $15 Stock Could Be Your Ticket to Millionaire Status
The Motley Fool· 2026-01-16 06:18
Core Insights - The focus of investors is shifting towards agentic AI, with UiPath positioned as a potential long-term winner in this space [1][3]. Company Overview - UiPath is one of the few pure-play investment opportunities in agentic AI, which is still in its early stages [3]. - The company has a market capitalization of $8.2 billion, reflecting a 14% gain over the past year [3]. - UiPath's stock experienced volatility recently, influenced by the CEO's stock sales [3]. Market Position - UiPath is establishing dominance in robotic process automation (RPA), automating tasks traditionally performed by humans [4]. - The company has nearly 10,900 customers, with over 2,500 providing annualized renewal run rates (ARRs) of at least $100,000 [6]. Financial Performance - In the fiscal 2026 third quarter, UiPath reported an 11% year-over-year increase in ARR and a 16% rise in sales [7]. - The company boasts a gross margin of 83.16% [6]. - Notable clients include major companies like Alphabet, Microsoft, and OpenAI, indicating strong growth potential [7].
Taiwan contract chipmaker TSMC's US investments
Reuters· 2026-01-16 06:12
Core Insights - The U.S. and Taiwan have established a trade deal that will see Taiwanese companies invest $250 billion in the U.S. to enhance production in key sectors such as semiconductors, energy, and artificial intelligence [1] Industry Summary - The investment of $250 billion is aimed at significantly boosting the semiconductor industry in the U.S., which is critical for technology and manufacturing sectors [1] - The deal also emphasizes the importance of energy production, indicating a strategic move towards energy independence and sustainability [1] - Artificial intelligence is highlighted as a key area of investment, reflecting the growing significance of AI technologies in various industries [1]