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...“Still, the fate of China’s chip industry and its technological development in the coming years will depend on these production lines by SMIC.”...
...Their shares are up 141 per cent and 161 per cent, respectively, while smaller rival Norwegian Cruise Line has gained 77 per cent....
...The Bermuda-based cruise line operator said the company and selling shareholders would list 44mn shares priced between $21 and $25. The company will be listed under the ticker symbol VIK....
...Share moves to note on the New York Stock Exchange include Norwegian Cruise Lines, Hess, and Constellation Energy....
..., in line with its “asset-light” strategy, three people said....
...The fund “has decided to exclude the companies Jardine Matheson Holdings Ltd, Jardine Cycle & Carriage Ltd and PT Astra International Tbk due to unacceptable risk of the company contributing to or being...
...Carnival shares fell more than 7 per cent during lunchtime trading in New York, while rival Norwegian Cruise Line dropped 3 per cent, making them the two worst performers in the S&P 500 on Friday....
...But some of the best-performing stocks of 2023 have been large cruise lines, now freighted with debt from pandemic shutdowns....
...Norwegian Cruise Line upgraded its profit outlook after beating earnings expectations in its first quarter as travel demand remains strong amid higher prices....
...Hedge funds have lost more than $6bn this year betting against cruise lines and hotels after underestimating the resilience of US consumers....
...That is in line with current market expectations given that a default at Kemble earlier this month sent the price of a second-ranking “Class B” bond plunging to little over half of its face value....
...This shortage is in part due to delays in European military aid and the US Congress holding up a $60bn package for Kyiv, it added....
...Rivals Norwegian Cruise Line and Royal Caribbean are also benefiting, as more holidaymakers return to the sea as the pandemic fades....
...And here’s what else I’m keeping tabs on today: Company results: Devon Energy, Constellation Energy, Lowe’s, JM Smucker, Norwegian Cruise, and Macy’s report earnings before the bell....
...Stowell on Wednesday withdrew her amendment, which had widespread support from peers across party lines....
...Atsushi Katsuki, whose group produces beers including Asahi Super Dry, Peroni Nastro Azzurro and Pilsner Urquell, said the company was planning to expand its line-up of alcohol-free beverages in the US,...
...“They are on the 20-yard line to our homeland,” General Laura Richardson, commander of US Southern Command, said in August....
...Adevinta, which was spun out of Norwegian media company Schibsted in 2019, operates websites across Europe. In 2020, the company merged with eBay’s classifieds business....
...Replacing him is Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit....
...Civitas Resources and Norwegian Cruise Line Holdings are among the speculative-grade borrowers to have issued bonds this month....
...And his decision to swap Copenhagen’s largest airport for the “big machine” of Heathrow, comes as the UK airport has finally drawn a line under the crisis it was plunged into by the coronavirus pandemic....
...Miami had been on the cards for years until Liberty got the deal over the line. But it was the Las Vegas GP that took F1 into new territory....
...The high tide line perfectly frames the 14km strand beyond the Swahili fishing village – rediscovered during the pandemic as a chic, and safe, enclave....
...Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit, will be replacing him. Instead of enjoying a boom, Hertz is in trouble again....
...If the entire (cooked) length of instant noodles sold around the world in a single year were laid out in a line, the resulting 6.2bn kilometre giga-noodle would stretch well beyond Pluto and into the depths...
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