The Israeli stock-exchange operator said Wednesday that it will receive approximately 242 million shekels ($64.4 million) in net proceeds from a secondary offering of shares, which included other investors in addition to Ackman and Oxman.
Rio Tinto Inks Power Deal With European Energy for Giant Australia Solar Farm
Rio Tinto said Wednesday it has agreed to buy electricity from the planned Upper Calliope solar farm in eastern Australia to power its Gladstone operations, underpinning development of Australia's largest solar farm and marking another step toward curtailing its carbon emissions in the years ahead.
The Anglo-Australian miner, which is seeking to halve its global Scope 1 and 2 carbon emissions this decade, said it has signed a power purchase agreement with developer European Energy to buy all power generated from the more-than 1 gigawatt Upper Calliope solar farm for 25 years.
GLOBAL NEWS
China to Cut Banks' Reserve Ratio to Shore Up Market
China's central bank said it will cut the amount of cash that banks must hold as reserves, its first such move this year as regulators scrambled to respond to the stock-market selloff.
The People's Bank of China will cut the reserve-requirement ratio for all banks by 0.5 percentage point, effective Feb. 5, Gov. Pan Gongsheng said at a press conference in Beijing, a move that will release 1 trillion yuan ($139.93 billion) of liquidity into the market.
Tech's 'Magnificent Seven' Stocks Are Back on Top
Big tech is powering the stock market higher. Again.
The largest tech stocks, which dominated the stock market last year, have once again rallied. The group has pulled the S&P 500 back to record highs for the first time in two years. Investors are once again pouring money into tech shares in a bid to keep pace.
Donald Trump Scores Decisive Win in New Hampshire Republican Primary
CONCORD, N.H.-Donald Trump won New Hampshire's GOP presidential primary, propelling him closer to the nomination and a rematch with President Biden, even though Nikki Haley pledged to stay in the race.
With 77% of the estimated vote counted, Trump led Haley 55% to 44%, according to the Associated Press.
U.S. Carries Out Airstrikes Against Iranian-Backed Group and Its Facilities in Iraq
WASHINGTON-The U.S. conducted strikes against Iran-supported militants, this time in Iraq after the group attacked American troops for a second time Tuesday, which amounted to one of the strongest responses thus far to hundreds of recent attacks against American forces in Iraq and Syria.
The airstrikes in Iraq come a day after the U.S. struck what it said were targets in Yemen controlled by the Tehran-backed Houthi rebels.
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(END) Dow Jones Newswires
01-24-24 0543ET
