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car carrier carrying electric vehicles abandoned after fire in pacific ocean

A car carrier named Morning Midas, sailing from China with approximately 3,000 vehicles, including 800 electric vehicles (EVs), caught fire in the Pacific Ocean off Alaska. The 22 crew members evacuated safely after attempts to extinguish the blaze failed. The incident underscores the heightened risks associated with transporting lithium-ion battery-powered vehicles, which can be particularly challenging to manage in case of fire.

coller capital partners with deutsche bank to launch private equity fund

Coller Capital has partnered with Deutsche Bank to offer the Coller Private Equity Secondaries Fund to qualified wealth management clients in Asia and select EMEA countries, managing over $40 billion in secondaries. The fund, with a minimum commitment of $50,000, provides access to liquidity in the private capital ecosystem.Meanwhile, RQI Investors launched a UCITS vehicle of its Global Value strategy, targeting UK, European, Singaporean, and Canadian investors, with an initial $50 million investment. This marks RQI's first international offering, building on a successful 16-year track record.

Israel warns residents to evacuate northern Gaza amid escalating conflict

Israel's military has warned residents in northern Gaza to evacuate ahead of anticipated counterattacks following rocket strikes on Israel. French President Emmanuel Macron criticized Israel's actions in Gaza, while humanitarian aid from France is reportedly blocked.In local news, the Flem municipal assembly approved the 2024 budget, showing a surplus of 182,000 francs despite a tax rate reduction. Petra Rothmund from Graubünden received the 2024 Catholic Media Award for her documentary "Cumià e cuminanza," highlighting the significance of farewells in society.Additionally, the Federal Administrative Court ruled that the decision to revoke bonuses for former Credit Suisse managers was incorrect, lacking legal basis, prompting the Federal Department of Finance to review the case.

bnp paribas exane lowers price target for international paper to 39.90

BNP Paribas Exane has lowered its price target for International Paper Company from $44.90 to $39.90. The company is a leading global producer of paper and wood products, with net sales primarily from industrial packaging (83.4%) and cellulose fibers (7.7%). As of the end of 2024, it operates 214 production sites, predominantly in the United States, where it generates 87.5% of its net sales.

warren buffett's legacy as the conscience of american capitalism

Warren Buffett announced his retirement as CEO of Berkshire Hathaway during the company's annual meeting, marking the end of an era in capitalism. His unique approach and moral code have earned him deep trust among investors and the public, positioning him as the "conscience of capitalism." Buffett's investment success has transformed $100 into $2.8 million since 1965, reflecting his extraordinary impact on the financial landscape.

barclays boosts stake in anterix as analysts favor other stocks

Barclays PLC increased its stake in Anterix Inc. (NASDAQ: ATEX) by 124.1% in Q4, now holding 38,025 shares valued at $1.17 million. Other institutional investors also boosted their positions, with 87.67% of the stock owned by such entities. Anterix shares opened at $29.84, with analysts setting a new price target of $67.00, reflecting an "overweight" rating from JPMorgan Chase & Co.

Raiffeisen Bank Albania reports 8 percent drop in Q1 net profit

Raiffeisen Bank Albania reported a net profit of 1.8 billion leks ($20.8 million) for Q1 2025, an 8% decline from 1.96 billion leks in the same period last year. Customer loans rose to 132.2 billion leks, while total assets increased to 308.3 billion leks, maintaining a 14.4% market share among Albanian banks.

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