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Warren Buffett knocks tariffs and protectionism: 'Trade should not be a weapon'
CNBC· 2025-05-03 13:41
Group 1 - Warren Buffett criticized the U.S. trade policy, emphasizing that trade should not be used as a weapon and that imposing tariffs is a mistake, especially given the global population's perception of the U.S. [1][2] - Buffett's comments followed the announcement of the highest tariffs on imports in generations, which caused significant volatility in the stock market [2][3] - The U.S. has imposed a 145% tariff on Chinese goods, leading to a 125% retaliatory tariff from China, with potential trade negotiations being evaluated by China [3] Group 2 - Investors sought Buffett's insights on navigating the uncertain macroeconomic environment and the state of the economy, particularly after the first-quarter GDP contraction [4] - Berkshire Hathaway's first-quarter earnings report indicated that tariffs and geopolitical events have created considerable uncertainty for the conglomerate, with no ability to predict the potential impact of tariffs at this time [5] - Buffett has been in a defensive mode, selling stocks for 10 consecutive quarters, resulting in a record cash pile of $347 billion at the end of March [6]
人工智能多方式“拥抱”环保产业
Xin Hua She· 2025-05-02 06:04
长不足2米,高1.1米的路面清扫机器人,能定位、导航和避障,还能精准判断路面上垃圾的种类和数 量,自行确定最优清扫策略,并且续航时间长达约8小时。 近日在上海举行的第26届中国环博会上,这款名为"睿车"的机器人以其小小身段、大大能量吸引了不少 观众的目光。 "睿车"采用类脑计算,集成旋风清扫抑尘、高功率转动、导航驱控一体、能源管理控制及轻量化滑板底 盘等众多前沿技术,具备净、快、智、轻、能等优势。配合可实现垃圾自动分类分拣的机器人"睿箱"和 机器人工作站"睿站","睿车"可在公园、社区等多元场景担任"智能清洁员"。 据介绍,眼下"双子座智能回收机"及配套智能绿色分拣中心已经在长春市内多地"上岗",有效提高了再 生资源回收利用价值。这一系统还能通过"有偿回收"模式,提高民众环境保护意识,推动"无废城市"建 设。 除了城市生活垃圾分类,人工智能还能解决城市固体废物处理中的垃圾分选难题。广东弓叶科技有限公 司依托人工智能分选、视觉飞拍、多传感器融合等核心技术推出的系列AI光选机,可以从堆积如山的 混合垃圾中分选出有价值的材料,通过"变废为宝"实现垃圾"资源化、减量化、无害化"。 陕西欧卡电子智能科技有限公司带来的无 ...
Chubb, Zurich, National Indemnity Launch Excess Casualty Facility
Prnewswire· 2025-05-01 20:10
Offering addresses growing insurance challenges for large companies amid claims escalation; provides up to $100 million in claims-made excess casualty coverage.NEW YORK, May 1, 2025 /PRNewswire/ -- Chubb, Zurich North America and National Indemnity have announced a new excess casualty facility that can offer up to $100 million in lead excess casualty insurance capacity on a claims-made basis for large national and multinational companies. The facility is unique in the industry and will deliver excess umbrel ...
Endeavour Reports Strong Q1-2025 Results
Globenewswire· 2025-05-01 06:00
Core Viewpoint - Endeavour Mining plc reported strong operational and financial results for Q1-2025, with significant increases in adjusted EBITDA, free cash flow, and net earnings, while maintaining a robust balance sheet and enhancing shareholder returns. Operational and Financial Highlights - Q1-2025 adjusted EBITDA reached $613 million, a 12% increase from Q4-2024 [6] - Record free cash flow of $409 million was generated, up 53% from Q4-2024 [6] - Gold production totaled 341,000 ounces at an all-in sustaining cost (AISC) of $1,129 per ounce, slightly down from Q4-2024 [6][17] - Adjusted net earnings were $219 million, or $0.90 per share, reflecting a 99% increase over Q4-2024 [6][64] - Operating cash flow before changes in working capital was $592 million, a 66% increase from Q4-2024 [6][31] Shareholder Returns - The company paid a record dividend of $140 million for H2-2024 and has committed to a minimum dividend of $225 million for FY-2025 [6][25] - Total shareholder returns for FY-2024 amounted to $277 million, with $37 million in share buybacks [12][25] - Year-to-date, Endeavour has completed over $52 million in share buybacks, exceeding the total buybacks from FY-2024 [12][25] Financial Position - Net debt was reduced by over $350 million to $378 million, with a net debt to adjusted EBITDA ratio improved to 0.22x [6][41] - The company generated $775 million in free cash flow over the past three quarters following the completion of its growth phase [10] Production Insights - The Houndé mine produced 92,000 ounces, while total cash costs decreased to $751 per ounce [17][68] - The company remains on track to achieve its FY-2025 production guidance of 1,110 - 1,260 thousand ounces [17] Future Outlook - The Assafou project is on schedule for completion between late-2025 and early-2026, with ongoing exploration efforts [6][13] - The company aims to maximize free cash flow and enhance shareholder returns while capitalizing on favorable gold price conditions [14]
Immunic Announces Vidofludimus Calcium Reduced Risk of Disability Worsening by 30% in Primary Progressive Multiple Sclerosis Patients from Phase 2 CALLIPER Trial
Prnewswire· 2025-04-30 11:30
– Reduced Relative Risk of 24-Week Confirmed Disability Worsening Events by 20% in Overall Study Population Compared to Placebo; Even More Prominent 30% Reduction in High Unmet Need Population of Primary Progressive Multiple Sclerosis –– Showed Consistent Reduction of Disability Worsening in Subpopulations Without Inflammatory Lesions at Baseline in Overall Study Population; Reduced Relative Risk of 24-Week Confirmed Disability Worsening Events in Patients Without Gadolinium-Enhancing Lesions at Baseline by ...
Facephi Ends 2024 Strong with Double-Digit Growth Across Key Metrics: TCV, ARR, Turnover and Ebitda
Globenewswire· 2025-04-29 19:00
Facephi Ends 2024 Strong with Double-Digit Growth Across Key Metrics: TCV, ARR, Turnover and Ebitda Turnover reached €28.9mm, setting a new high with a 14.8% YoY growth, driven by the launch of new products and services, as well as ongoing diversification into new countries and business verticals.TCV1 and ARR2 also set new highs, reaching €57.8mm and €28.0mm, respectively, reflecting 49.5% and 28.5% growth compared to 2023; underscoring the Company’s positive outlook for 2025 and beyond. Normalized Ebitda r ...
Appili Therapeutics Announces New Patents Granted for Commercial Stage Asset LIKMEZ®™
Globenewswire· 2025-04-28 11:41
Core Viewpoint - Appili Therapeutics has secured new patents for its oral formulation of metronidazole, LIKMEZ, enhancing its market protection and supporting its commercialization efforts [1][2][3] Patent Protection - The newly granted patents will expire in 2039 and provide comprehensive protection for LIKMEZ, covering its unique taste-masked composition and therapeutic applications [2] - The U.S. patent has been listed in the FDA's Orange Book, which is crucial for ensuring additional protection for the formulation [2][3] Product Overview - LIKMEZ is the first FDA-approved ready-made suspension of metronidazole, specifically designed for treating antimicrobial-resistant infections, particularly beneficial for patients with dysphagia [4] - The formulation aims to improve stability and palatability, which are essential for patient adherence to medication and better treatment outcomes [3] Commercialization Efforts - Saptalis Pharmaceuticals, the partner of Appili, is planning to re-launch LIKMEZ under its own label in May 2025, leveraging the newly granted patent for commercialization activities [3][4] - The collaboration with Saptalis emphasizes the commitment to bringing innovative pharmaceutical solutions to market [5][6] Company Background - Appili Therapeutics focuses on developing therapies for infectious diseases and aims to address urgent medical needs through a diverse pipeline of anti-infectives [7][9] - The company is strategically positioned to tackle life-threatening infections, with a proven management team leading its initiatives [9]
South Korea's SK Telecom begins SIM card replacement after data breach
TechXplore· 2025-04-28 07:23
Core Viewpoint - SK Telecom, South Korea's largest carrier, is replacing mobile SIM chips for its 23 million users following a significant data breach that compromised personal information [3][4]. Group 1: Incident Overview - The data breach involved malicious code that led to the compromise of customer personal information, prompting an apology from the company and a government review of the national data protection system [4]. - SK Telecom has not disclosed the extent of the damage or the identity of the attackers [4]. Group 2: Response Actions - Starting from 10 am on Monday, SK Telecom began replacing USIM chips free of charge at 2,600 carrier stores nationwide [5]. - The company has committed to taking full responsibility and has encouraged users to sign up for an information protection service [5]. Group 3: Supply Chain Challenges - SK Telecom has acknowledged that it has secured less than 5% of the USIM cards needed for its customer base and plans to procure an additional five million chips by the end of May [6]. - Customers expressed concerns about the lack of transparency regarding the extent of the information leak and the number of affected subscribers [6]. Group 4: Cybersecurity Context - South Korea has been a frequent target of cyber hacking, particularly from North Korea, which has been implicated in several major attacks [7]. - In a related incident, North Korean hackers were reported to have stolen sensitive data from a South Korean court computer network over a two-year period, amounting to over one gigabyte of data [8].
Hippo to Report First Quarter Financial Results on May 7 and Host Investor Day on June 12
Prnewswire· 2025-04-15 13:00
Financial Results Announcement - Hippo will release its first quarter financial results after market close on May 7, 2025 [1] - A conference call and live webcast for analysts and investors will take place at 5:00 PM ET / 2:00 PM PT on the same day [1][3] - A shareholder letter with the financial results will be available on the company's investor relations website prior to the conference call [1] Investor Day - The company will host an Investor Day on June 12, 2025, in New York City [2] - The event will feature presentations and Q&A sessions with Hippo's senior management regarding long-term growth strategy and financial goals [2] - Attendance is by invitation only, with more information to be provided closer to the event date [2] Company Overview - Hippo focuses on proactive home protection, safeguarding customers' financial assets through real-time data and a suite of home services [3] - Operating subsidiaries include Hippo Insurance Services, Hippo Builder Insurance Agency, Hippo Home Care, Spinnaker Insurance Company, Spinnaker Specialty Insurance Company, and Wingsail Insurance Company [3] - Hippo Insurance Services and Hippo Builder Insurance Agency are licensed property casualty insurance agents with products underwritten by various affiliated and unaffiliated insurance companies [3]
JCDecaux wins the contract for city information panels and associated services in the City of Rennes
Globenewswire· 2025-04-14 15:40
JCDecaux wins the contract for city information panels and associated services in the City of Rennes Paris, April 14th, 2025 – JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces that, following a competitive tender by the City of Rennes (France), it has been awarded the contract for the provision, maintenance and operation of city information panels (CIPs) and associated services in Rennes (population: 227,000) for a 9-year period. This contract includes the r ...