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Babcock International Awarded GBP560 Mln U.K. Submarine Maintenance Contract - Vimarsana News

Babcock International Awarded GBP560 Mln U.K. Submarine Maintenance Contract

By Anthony O. Goriainoff Babcock International Group said it has agreed a contract worth around 560 million pounds ($707.1 million) with the U.K.'s Submarine...

Pearson's Pretax Profit Rises; Extends Share Buyback Plan by GBP200 Mln -- Update - Vimarsana News

Pearson's Pretax Profit Rises; Extends Share Buyback Plan by GBP200 Mln -- Update

By Najat Kantouar Pearson reported a higher pretax profit for 2023 despite lower sales and said that it is extending its share buyback program by a further...

Fed Rate Cuts Too Soon Could Backfire. What Next Year Could Hold. - Vimarsana News

Fed Rate Cuts Too Soon Could Backfire. What Next Year Could Hold.

The Fed’s remarkable inflation success now comes with a new risk: The economy could overheat. That calls for patience, writes Vanguard’s Joseph H. Davis in a...

ITV Sells BritBox International Stake for $322 Mln; Launches Buyback - Vimarsana News

ITV Sells BritBox International Stake for $322 Mln; Launches Buyback

By Michael Susin ITV said it has sold its entire 50% stake of the digital subscription streaming service BritBox International to its joint venture partner...

Elon Musk sues OpenAI and Sam Altman for putting profits over humanity - Vimarsana News

Elon Musk sues OpenAI and Sam Altman for putting profits over humanity

Elon Musk says Sam Altman has breached an agreement by putting profits over humanity.