Evoke PLC, owner of William Hill, 888, and Mr Green, agreed to a £243 million all-share takeover by Bally's Intralot, boosting its shares by 16%. The deal values Evoke at 52p per share with a partial cash option and is backed by private equity firms committing £889 million to support the acquisition and refinance Evoke's £1.86 billion debt. The takeover follows strategic reviews amid UK gambling duty changes and financial pressures from previous acquisitions. Bally's Intralot aims to create a leading European gaming business by combining Evoke's brands with its technology and data strengths.
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
