Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.Illustration: Uttam Ghosh/Rediff Ask Debadatta Chand about his plans for BoB Capital Markets, and he tells you: “We can play a good role on the advisory side as far as mergers and acquisitions (M&As) are concerned.”The managing director and chief executive officer (CEO) of Bank of Baroda (of which BoB Capital is a subsidiary) gives you a glimpse of his ambitions.“If need be, we can e ...

Key TakeawaysMajor financial firms have significantly boosted price targets for several prominent UK-listed companies, including Senior PLC (SNR), Imperial Brands (IMB), Smiths Group (SMIN), Reckitt (RKT), and Haleon (HLN).Optimism for Federal Reserve rate reductions is driving Asian and European equity markets higher, following recent weak U.S. economic data.Japan's official Takaichi indicated that strengthening the economy is crucial for fiscal improvement and projected a year-on-year decline in Japanese ...

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Mark Zuckerberg and other Meta Platforms Inc. directors agreed to a $190 million settlement of claims they failed to rectify repeated violations of Facebook users’ privacy and improperly engineered an accord to shield the billionaire chief executive officer from personal liability, court filings show.The amount of the settlement, disclosed in a filing Thursday in Delaware Chancery Court, had been sealed since a trial was halted in July. A lawsuit by Meta investors claimed board members mishandled the Cambri ...

Group 1 - The meeting was declared open with a quorum present, allowing for formal proceedings to commence [2] - The AGM is being webcasted to enable shareholders who cannot attend in person to follow the proceedings [2] - Online viewers cannot participate in the formal business but can submit questions for later address [3] Group 2 - The Chair introduced fellow directors and the executive team present at the meeting [4]

Core Points - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It highlights that users with ad-blockers may face restrictions when trying to access content [1] Summary by Categories Technical Requirements - Users are advised to enable Javascript and cookies in their browsers to ensure proper functionality [1] - The presence of ad-blockers can lead to blocked access, necessitating their disabling for content access [1]

Core Insights - Tesla plans to double the number of robotaxis in Austin, Texas, by December, following the launch of its self-driving service in June [1] Company Developments - The increase in robotaxis is part of Tesla's strategy to expand its self-driving service offerings [1]

Core Viewpoint - ZIM Integrated Shipping Services Ltd. is undergoing a strategic review following a non-binding acquisition proposal from its CEO and President, indicating potential interest from multiple parties in acquiring the company [2][3][4]. Group 1: Acquisition Proposal - The board of ZIM is reviewing a preliminary acquisition proposal from CEO Eli Glickman and Rami Ungar to purchase all outstanding ordinary shares [2]. - The review has been ongoing for several months, with indications of interest from multiple parties, including strategic buyers [3]. - ZIM has appointed Meitar Law Offices and Skadden, Arps, Slate, Meagher & Flom LLP as legal counsel, and Evercore as a financial advisor for this review [2]. Group 2: Board Changes - Two independent directors, Yair Avidan and Dr. Yoram Turbowicz, have been added to the board as part of the ongoing review process [4]. - The review will also consider potential sale opportunities and capital allocation strategies [4]. Group 3: Stock Performance - ZIM's stock has decreased by 16.30% year to date but has increased by 11.29% over the past six months [5]. - The stock has a 52-week range of $11.04 to $23.61 and a market capitalization of $2.35 billion [5]. - Recent trading data shows ZIM's stock rose by 13.63%, reaching $19.51 [5].

Core Insights - BetWhale has been recognized as the trusted PayPal casino in the USA for 2025 due to its reliable performance in transaction processing [3][23][29] - The platform's integration with PayPal aligns with the growing trend of digital wallet adoption in the fintech sector, enhancing user trust and operational transparency [4][6][23] Payment Processing and Security - BetWhale offers efficient PayPal deposits and withdrawals, which are crucial for user satisfaction and retention [19][23] - The platform employs advanced security measures, including SSL/TLS encryption, tokenized transaction processing, and secure user authentication, ensuring a safe environment for users [12][13][14][18] Bonus Structure and User Experience - BetWhale is noted for its clear and structured bonus framework, which enhances user value and transparency [7][8] - The platform's commitment to responsible gaming is evident through its extensive suite of tools designed to promote healthy gaming behavior [11][16] Game Variety and Accessibility - BetWhale supports a diverse game library from multiple providers, allowing users access to a wide range of gaming options without needing multiple accounts [9][10] - The platform is optimized for mobile transactions, catering to the increasing number of users managing finances through mobile applications [20][29] Industry Trends and Future Outlook - The popularity of PayPal casinos is expected to grow, driven by faster withdrawal times, enhanced financial protections, and the preference for privacy in transactions [19][21][22][24] - Analysts predict that BetWhale is well-positioned to lead the PayPal casino segment through 2030, thanks to its robust integration and stable payout systems [26][29]

Core Insights - Strauss Group Ltd. reported significant growth in profitability, primarily driven by its Coffee International segment, particularly the coffee joint venture in Brazil, which saw a 27% increase in sales and a 171% increase in operating profit [1][5][11]. Financial Performance Summary - Group sales for Q3-2025 reached NIS 3,277 million, a 9.6% increase year-over-year, with a pro-forma growth of 16.3% [5][11]. - Gross profit for Q3-2025 was NIS 960 million, reflecting a 5.3% increase, while the gross margin decreased to 29.3% from 30.5% [4][11]. - EBIT for Q3-2025 increased by 40.1% to NIS 312 million, with an EBIT margin of 9.5% compared to 7.4% in Q3-2024 [4][11]. - Net income attributed to shareholders rose by 42.7% to NIS 146 million, with a net margin of 4.4% [4][11]. - Free cash flow improved to NIS 245 million, compared to a negative free cash flow of NIS 98 million in Q3-2024 [4][11]. Segment Performance - **Strauss Israel**: Sales increased by 2.7% to NIS 1.41 billion in Q3-2025, but EBIT decreased by 7.7% to NIS 146 million [20]. - **Health & Wellness**: Sales reached NIS 821 million, down 0.6%, with EBIT decreasing by 15.5% to NIS 101 million [23]. - **Fun & Indulgence (Snacks and Confectionery)**: Sales grew by 12.9% to NIS 365 million, with EBIT increasing by 61.7% to NIS 15 million [23]. - **Fun & Indulgence (Coffee Israel)**: Sales were stable at NIS 221 million, with EBIT increasing by 4.3% to NIS 30 million [23]. - **Strauss International Coffee**: Sales surged by 30.0% to NIS 1.6 billion, with EBIT increasing by 139.8% to NIS 163 million [23]. - **Strauss Water**: Sales increased by 4.1% to NIS 234 million, but EBIT decreased by 11.5% to NIS 23 million [23]. Strategic Developments - The company inaugurated Michael's Campus in Northern Israel, which includes a new plant-based dairy facility, representing a strategic investment of approximately NIS 270 million [2]. - New product launches included the 'Tami4 Shabbat' water bars and the Cow-Free category, showcasing innovation in the dairy alternatives market [2].