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CAAP News11 articles
Mastercard's $1.8B BVNK Acquisition Accelerates Corporate Blockchain Adoption
Mastercard has agreed to purchase BVNK for as much as $1.8 billion, marking a major push into stablecoin and blockchain payment infrastructure. The deal coincides with corporate pilots by Citi and Aon using tokenization for trade finance and insurance payments.
Exxon Mobil Seeks Shareholder Nod to Reincorporate in Texas
Exxon Mobil Corporation has proposed shifting its legal headquarters from New Jersey to Texas, a move requiring shareholder approval at its upcoming annual meeting. The change would align its legal home with its operational hub but not affect physical assets or employment.
PLS Group's Gender Pay Gap Widens Amid Corporate Restructuring
PLS Group's median gender pay gap in Australia increased to 15.2% from 11.1% the previous year, which the company attributes to corporate layoffs and a processing plant being placed into care and maintenance.
Berkshire Shares Stabilize After Sharp Drop on Earnings, PacifiCorp Risk
Berkshire Hathaway's stock found footing in early trading Tuesday after a significant selloff, as investors digest a 30% drop in operating profit and rising legal liabilities at utility subsidiary PacifiCorp.
Berkshire Shares Stabilize After Sharp Drop on Earnings, PacifiCorp Risk
Berkshire Hathaway's stock found footing in early trading Tuesday, following a steep decline after quarterly operating profit fell 30% and S&P Global flagged a potential junk downgrade for utility subsidiary PacifiCorp.
Lottery Corp Stock Gains on Steady Dividend Amid Jackpot Headwinds
The Lottery Corporation's share price advanced following its half-year results, with the company declaring a steady dividend even as net profit dipped slightly amid unfavorable jackpot conditions.
Suncorp Earnings Hit by Natural Disasters, Dividend Cut
Suncorp Group reported a steep decline in half-year profit to A$263 million, impacted by A$1.3 billion in natural hazard claims. The insurer reduced its interim dividend and continues its share buyback program.
Sembcorp Industries Shares Hold Steady Ahead of FY2025 Earnings, Alinta Acquisition in Focus
Sembcorp Industries shares traded flat at S$6.10 as investors await the company's FY2025 results on February 25. Market attention remains fixed on the pending A$6.5 billion acquisition of Australia's Alinta Energy.
Suncorp Leads Insurance Sector Sell-Off Amid AI Disruption Fears
Suncorp shares dropped 4.24% as investor concerns over ChatGPT-powered insurance applications sparked a sector-wide decline. The sell-off comes ahead of the company's half-year results on February 18.
Sembcorp Gains Ahead of FY2025 Report, Investors Eye Alinta Deal Progress
Sembcorp Industries shares advanced 0.7% to S$6.09 in Singapore trading as markets await its full-year results on February 25. Focus remains on regulatory approvals for its pending acquisition of Australia's Alinta Energy.
Sembcorp Industries Set to Report FY2025 Results Amid Key Acquisition Focus
Sembcorp Industries shares closed slightly lower at S$6.05 ahead of its FY2025 earnings release on February 25. Investors are eyeing updates on cash flow and its A$6.5 billion Alinta Energy acquisition.