Us Investment Firm Elliott Advisors has walked away from making a takeover bid for currys after being rejected by the retailers board in its own words multiple times. It had initially proposed an offer that valued the electricals chain at £700 million, and later raised it to 757 million. But currys rebuffed the approaches, saying they significantly undervalued the business. Currys could still receive a bid from chinasjd. Com, which said last month it was mulling an offerfor the firm. Lets speak now to russ mould, investment director at aj bell. What is going on, one firm has walked away but there is another weighting in the wings . Walked away but there is another weighting in the wings . There is but it it will focus weighting in the wings . There is but it it will focus on weighting in the wings . There is but it it will focus on what weighting in the wings . There is but it it will focus on what the weighting in the wings . There is but it it will focus on what the two it it will f
A sharp fall in its net profit, slipping 25 in 2023 compared to the previous year. Aramco attributed the downturn to Lower Crude Oil prices and decreased production. The companys net income dropped from 161 billion in 2022 to 121 billion last year. Despite the challenges posed by declining oil prices, aramco will increase its dividend payments, providing a much needed financial boost to saudi arabia. Lets get more now from our middle east Business Correspondent sameer hashmi. With a big fall off in profit, why is it increasing its dividend . It its dividend . Is a steep fall compared to 2022. It is a steep fall compared to 2022. It is still the second best performance in terms of annual results at 121 billion. Two reasons why they increased the dividend pay out. Number one, Aramco Abbott is the main driver of the Saudi Arabian economy. Saudi owned entities own 19 of it and they rely heavily on that income to really find some these massive projects inside arabia. They tried to keep the
From the sycamore gap tree. Seedlings from the famously felled tree are starting to grow. Hello, im nicky schiller. We start this hour with the latest on the israel gaza war. A Ship Carrying desperately needed humanitarian aid for gaza is getting ready to set sail from cyprus. The spanish vessel, open arms, is preparing to tow a barge with 200 tonnes of food and medical aid provided by the us Charity World central kitchen. Our correspondent anna foster is injerusalem. There is a development in the aid effort towards gaza. A ship has been loaded in cyprus and we can show you pictures of that happening which is going to mark the start of a new maritime aid corridor. A vessel carrying humanitarian aid is expected to set sail from cyprus to gaza in the coming hours. Its the first delivery of supplies to use the maritime aid corridor, announced on friday. It was announced yesterday by Ursula Von Der Leyen and is expected to become operational in the next few hours. It would be a new way to
And have warned the death toll may rise. And in the past hour, James Tokioka director of the department of business, Economic Development and tourism in hawaii, gave this update. Its a very, very sad day in hawaii. It is devastating. And i know many families in maui are struggling right now as well as many Family Members across the state. We want to send our heartfelt love to them and our prayers to them. I am going to talk with two hats on, from here at the Convention Centre, we set up to accommodate 2,000 people. As the planes were leaving from maui, we realised that some of the people, in fact, a lot of the people that were coming to 0ahu from maui had made their own accommodation. We have a set up here that would accommodate 2,000 people. I want to really thank the team here because terry 0rton from the Convention Centre was here at four oclock in the Morning Setting up. They are doing an incrediblejob. People have been up all night. I really want to thank them for all of the work
Artificial intelligence and other technologies such as robotics and Quantum Computers are vital for long term growth. The Senior Market Strategist Davis Is gave us his thoughts. Davis is gave us his thoughts davis is gave us his thoughts. Davis is gave us his thou~hts. ,. ,. , thoughts. The emphases on improving thoughts. The emphases on improving coordination thoughts. The emphases on improving coordination between governments, local governments and central governments. Not many and central governments. Not many people talk about this but i think many people talk about this but i think this is very important because i think this is very important because if this Coordination Programme or plan is made effective, it will go a long way effective, it will go a long way to effective, it will go a long way to improve policies and implementations in china. And governments do not talk to each other governments do not talk to each other much and that really slows other much and that really slo