The Darth Vader star passed away at the weekend.
If good progress is made this week the talks could continue into the new year, environment secretary George Eustice said on Monday.
Stocks dipped as an OPEC+ meeting got underway, but looked set for a record month.
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The proportion of companies that have put their staff on short-time hours rose to 28% in November.
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The Frozen Snack Food Market will grow by USD 11.30 bn during 2020-2024
The Lewotolo volcano on Lembata island in Indonesia erupted spectacularly early on Sunday, November 29, MAGMA Indonesia, the government’s volcano monitoring agency, reported.The eruption sent ash over 4 km into the air, according to ReliefWeb.The eruption took place at 9:45 am, MAGMA said. It recommended that visitors maintain a 4 km radius from the summit crater. Credit: Alvinoe Papahe Rama Gibran via Storyful
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British clothing retailer Arcadia, ravaged by coronavirus lockdowns and fierce online competition, remains on the brink of bankruptcy despite an emergency loan offer, the BBC reported Monday.
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(Bloomberg) -- Taiwan’s GlobalWafers Co. said it’s in advanced talks to acquire Siltronic AG, a German manufacturer of silicon wafers, for 3.75 billion euros ($4.5 billion), adding to a record year for deals in the global semiconductor industry.GlobalWafers plans to make an offer at 125 euros a share, a 10% premium to Siltronic’s closing share price on Friday. Silitronic said its executive board considers the offer “attractive and appropriate,” and added that its largest shareholder, Wacker Chemie AG, which has a 30.8% stake, is prepared to sell at the same price.“The merger would create a leading player in the wafer industry,” Siltronic said in the statement, adding the deal would prohibit job losses in Germany until the end of 2024.Siltronic shares rose as much as 12% in early trading on Monday, their biggest intraday gain since March. GlobalWafers shares were up 9.8% in Taiwan. It said the deal is subject to regulatory conditions and it can give no assurance a final transaction will occur.“The deal may fail due to anti-trust review, but if a merger is approved, this will be beneficial to GlobalWafers’ shareholders,” said Richard Hsia, an analyst at Fubon Securities Investment Services Co., in a Monday note.The combined company would be the world’s largest silicon wafer maker by revenue, with a market share of 32% to 35%, said Hsia.The proposed deal would be GlobalWafers’ largest ever, and one of the biggest in the chip industry this year. It suggests the companies are looking beyond the pandemic to a return to normal business. Siltronic shares have climbed 48% this quarter, driven by expectations that clients will increase purchases of its epitaxial wafers and polished wafers.The offer will also add to a growing number of semiconductor deals this year that’s set to break the highwater mark for chip acquisitions reached in 2016, when $122 billion in transactions were struck. The largest deal of 2016 was SoftBank Group Corp.’s $32 billion purchase of Arm.Competition in the industry is heating up as companies that were once customers, such as Apple Inc., design their own chips and established players like Nvidia branch out into new areas.GlobalWafers shares had gained 32% in the quarter before the announcement, while the Bloomberg World Semiconductor Index added 14%.Headquartered in Munich, Siltronic is a leading manufacturer of silicon wafers used in products such as smartphones, computers, navigation and digital displays. The firm, which has production sites and offices in Germany, the U.S. and other advanced manufacturing countries, had global revenues of 1.3 billion euros in 2019. The stock trades on Germany’s MDAX Index.GlobalWafers, majority-owned by Sino-American Silicon Products Inc., reported 2019 revenue of around NT$58 billion ($2 billion) and operating income of NT$18 billion.Siltronic and GlobalWafers expect to announce the deal in the second week of December, following discussion and approval by the boards of both companies.(Updates with Siltronic share price. An earlier version of this story corrected Softbank’s purchase price for Arm in sixth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The Uruguayan’s social media post could see The FA take action
Company Announcement No. 42/2020 Copenhagen, 30 November 2020 Transactions in connection with share buy-back programme On 28 August 2020, Scandinavian Tobacco Group A/S (“STG”) announced that a share buy-back programme of an aggregated price of up to DKK 300 million was launched with the purpose to adjust the Company’s capital structure and meet obligations relating to the Group’s share-based incentive programme. The buy-back programme is executed in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (the “Market Abuse Regulation”) and Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. The share buy-back programme will end no later than 26 February 2021. The following transactions have been executed from 23 November to 27 November 2020: Number of sharesAverage purchase price, DKKTransaction value, DKKAccumulated, last announcement1,432,872 135,590,45523 November 202025,00095.132,378,36824 November 202025,00094.232,355,78025 November 202023,11694.772,190,60926 November 202025,00094.582,364,52527 November 202025,00095.102,377,518Accumulated under the program1,555,988 147,257,254 A detailed overview of transactions during the period 23 November – 27 November 2020 is attached to this announcement. Following the above transactions STG owns a total of 1,832,496 treasury shares, corresponding to 1.83% of the total share capital. For further information, please contact:Investors: Torben Sand, Head of Investor Relations, phone: +45 5084 7222 or email@example.com Media: Simon Mehl Augustesen, Director of Group Communications, phone: +1 484-379-8725 or firstname.lastname@example.org Attachments Company Announcement no 42 2020 27 NOV 2020 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP
Dublin, Nov. 30, 2020 (GLOBE NEWSWIRE) -- The "Decorative Laminates Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering. The global decorative laminates market grew at a CAGR of around 5% during 2014-2019 and is expected to grow at moderately rate during the next five years.Decorative laminates refer to specially designed laminated sheets that are used as furniture surface materials, flooring, or wall paneling. Generally, the laminates are manufactured by blending brown kraft papers with decorative printed patterns using heat and pressure. Decorative laminates are preferred over veneers, paints, and coatings on account of their durability, cost-effectiveness, long shelf-life, and improved aesthetic value. Owing to this, they are majorly used for decorating and protecting cabinets, walls, furniture, flooring, etc.The rising consumer living standards supported by their increasing per capita expenditure on home decor is one of the key factors driving the market growth for decorative laminates. In line with this, there is a growing inclination towards aesthetically appealing designs in home interiors and corporate office spaces, which is also catalyzing the product demand. Recently the demand for ready-to-assemble (RTA) flooring, furniture and cabinets have witnessed a significant rise, owing to which the need for decorated laminates is also increasing across the globe. Additionally, there is a rising demand for decorative laminates in hotels, hospitals, shopping malls, airports, educational institutions, and other commercial infrastructures owing to the wide availability of designs, colors, textures, etc. Apart from this, the rapid utilization of decorative interior products in gymnasiums, convention centers, indoor sports clubs, auditoriums, etc., further fuels the market growth. Moreover, several refurbishment and remodeling activities in residential and commercial sectors of the developed regions have further propelled the demand for decorative laminates. On the other hand, rapid urbanization and rising infrastructural developments, across the emerging economies have led to the construction of modern housing projects, thereby encouraging the use of high-end and premium products, such as decorative laminates. Key Questions Answered in This Report: How has the global decorative laminates market performed so far and how will it perform in the coming years?What are the key regional markets?What has been the impact of Covid-19 on the decorative laminates market?What is the breakup of the market based on the product type?What is the breakup of the market based on the application?What is the breakup of the market based on the end-use?What is the breakup of the market based on the texture?What is the breakup of the market based on the pricing?What is the breakup of the market based on the sector?What are the price trends of decorative laminates?What are the various stages in the value chain of the industry?What are the key driving factors and challenges in the market?What is the structure of the global decorative laminates market and who are the key players?What is the degree of competition in the market? Key Topics Covered: 1 Preface2 Scope and Methodology2.1 Objectives of the Study2.2 Stakeholders2.3 Data Sources2.4 Market Estimation2.5 Forecasting Methodology3 Executive Summary4 Introduction4.1 Overview4.2 Key Industry Trends5 Global Decorative Laminates Market5.1 Market Overview5.2 Market Performance5.3 Impact of Covid-195.4 Market Forecast6 Market Breakup by Product Type6.1 High Pressure Laminates6.2 Low Pressure Laminates7 Market Breakup by Application7.1 Furniture and Cabinets7.2 Flooring7.3 Wall Panels8 Market Breakup by End-Use8.1 Non-Residential8.2 Residential8.3 Transportation9 Market Breakup by Texture9.1 Matte/ Suede 9.2 Glossy10 Market Breakup by Pricing10.1 Mass 10.2 Premium11 Market Breakup by Sector11.1 Organised 11.2 Unorganised12 Market Breakup by Region13 SWOT Analysis14 Value Chain Analysis15 Porters Five Forces Analysis16 Price Analysis16.1 Price Indicators16.2 Price Structure16.3 Price Trends17 Competitive Landscape17.1 Market Structure17.2 Key Players17.3 Profiles of Key Players Abet Laminati S.p.AArchidplyCentury LaminatesFletcher BuildingFunderMax GmbhGreenlam Industries LimitedMerino Laminates Ltd.Omnova Solutions Inc.Panolam Industries International incStylam Pvt. Ltd.Wilsonart LLC. For more information about this report visit https://www.researchandmarkets.com/r/7eg7xk Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager email@example.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900