latest news in companies
CallTower Expands Global Reach with Microsoft Teams Integration
United States, Wednesday, 13 November 2024.
CallTower enhances international business communication by extending its Operator Connect services for Microsoft Teams to 27 countries. This expansion, covering regions in LATAM and APAC, offers high-quality voice solutions and key business integrations, meeting the growing demand for reliable, fully integrated Teams calling solutions worldwide.
SoftBank Secures Nvidia's Latest Chips for Japan's AI Supercomputer
Tokyo, Wednesday, 13 November 2024.
SoftBank plans to build Japan’s most powerful AI supercomputer using Nvidia’s new Blackwell chip design. This move underscores SoftBank’s ambition to lead in AI development and could significantly boost computational capabilities in Asia.
AI-Powered Skills Recognition: SkillsAware Launches Revolutionary Service
New York, Wednesday, 13 November 2024.
SkillsAware introduces an AI-driven skills recognition service, collaborating with SkillsIQ and industry experts. This innovative platform aims to transform workforce management by identifying and validating employee skills, potentially reshaping hiring practices and career development strategies.
Tyson Foods Reports Significant Profit Boost in Q4 2024
Springdale, Tuesday, 12 November 2024.
Tyson Foods announced a substantial increase in profitability for Q4 and fiscal year 2024, driven by strategic adjustments and increased sales across segments. The company’s Q4 sales reached $13,565 million, up 1.6% from 2023, with adjusted operating income soaring 117% to $512 million.
Vertical Aerospace's VX4 Takes Flight: Untethered Tests Mark New Era in Zero-Emission Aviation
London, Tuesday, 12 November 2024.
Vertical Aerospace has launched Phase 2 of piloted flight testing for its VX4 eVTOL prototype, achieving untethered vertical take-off and landing. This milestone advances zero-emission aviation and paves the way for future urban air mobility solutions.
Climate First Bank Taps Structured Finance Expert to Boost Specialty Lending
San Francisco, Tuesday, 12 November 2024.
Climate First Bank appoints Ryan Jaskiewicz to lead its new Structured Finance division, focusing on factoring and asset-based lending. This strategic move aims to accelerate growth in specialty finance while maintaining the bank’s commitment to sustainable banking practices.
Wall Street Bonuses Set to Soar: Debt Underwriters Lead the Pack
New York, Tuesday, 12 November 2024.
Wall Street anticipates its first industrywide bonus increase since 2021, with debt underwriters expected to receive up to 35% more. This surge reflects a robust year in financial markets, particularly in debt issuance and stock underwriting, signaling renewed confidence in the sector.
Home Depot Beats Expectations Despite Economic Headwinds
Atlanta, Tuesday, 12 November 2024.
Home Depot’s Q3 earnings surpassed forecasts, with sales rising 6.6% to $40.22 billion. Despite ongoing economic challenges, the company raised its full-year outlook, citing hurricane-related demand and recent acquisitions as contributing factors. However, high interest rates continue to pressure consumer spending on major home projects.
North American ACE Inhibitors Market Set for Robust Growth, Led by Pharma Giants
Dublin, Tuesday, 12 November 2024.
The North American ACE inhibitors market, valued at $2.18 billion in 2023, is projected to reach $2.93 billion by 2029, growing at a CAGR of 5.25%. Pfizer, Novartis, and AstraZeneca lead this expansion, driven by an aging population and rising cardiovascular disease prevalence.
Tyson Foods Rebounds: Q4 Profit Soars on Strong Beef and Pork Demand
Springdale, Tuesday, 12 November 2024.
Tyson Foods reported a significant turnaround in Q4 2024, with net income rising to $357 million from a $450 million loss last year. Strong demand for beef and pork, coupled with lower costs, offset challenges in the chicken segment. The company’s shares jumped over 8% on the news.