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Shares of Equinor ASA ( NYSE:EQNR – Get Free Report ) shot up 1.9% during mid-day trading on Friday . The stock traded as high as $23.16 and last traded at $23.12. 752,701 shares were traded during mid-day trading, a decline of 77% from the average session volume of 3,325,969 shares. The stock had previously closed at $22.69. Analysts Set New Price Targets A number of brokerages have recently commented on EQNR. StockNews.com upgraded Equinor ASA from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 20th. Barclays raised shares of Equinor ASA from an “equal weight” rating to an “overweight” rating in a research note on Monday, November 25th. JPMorgan Chase & Co. upgraded shares of Equinor ASA from an “underweight” rating to an “overweight” rating in a research note on Monday, December 9th. Redburn Atlantic upgraded shares of Equinor ASA from a “neutral” rating to a “buy” rating in a research report on Wednesday, November 20th. Finally, Berenberg Bank upgraded shares of Equinor ASA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Equinor ASA has a consensus rating of “Moderate Buy” and an average target price of $26.90. View Our Latest Stock Report on Equinor ASA Equinor ASA Stock Up 1.6 % Equinor ASA ( NYSE:EQNR – Get Free Report ) last announced its earnings results on Thursday, October 24th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.05. Equinor ASA had a net margin of 8.95% and a return on equity of 19.97%. The business had revenue of $25.45 billion for the quarter, compared to analyst estimates of $24.45 billion. During the same quarter last year, the business earned $0.92 earnings per share. On average, sell-side analysts predict that Equinor ASA will post 3.35 EPS for the current fiscal year. Hedge Funds Weigh In On Equinor ASA A number of hedge funds have recently made changes to their positions in the company. Mediolanum International Funds Ltd acquired a new stake in shares of Equinor ASA in the third quarter worth approximately $6,203,000. Commonwealth Equity Services LLC boosted its stake in Equinor ASA by 1,334.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 176,993 shares of the company’s stock worth $5,055,000 after purchasing an additional 164,658 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Equinor ASA during the third quarter worth $3,685,000. Wellington Management Group LLP raised its position in shares of Equinor ASA by 3.7% in the third quarter. Wellington Management Group LLP now owns 3,751,243 shares of the company’s stock valued at $95,019,000 after buying an additional 132,157 shares during the last quarter. Finally, Norden Group LLC purchased a new position in shares of Equinor ASA in the second quarter worth about $3,388,000. Institutional investors and hedge funds own 5.51% of the company’s stock. About Equinor ASA ( Get Free Report ) Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments. Featured Articles Receive News & Ratings for Equinor ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equinor ASA and related companies with MarketBeat.com's FREE daily email newsletter .Emperor Cinemas Introduces New Dolby Vision and Dolby Atmos Solutions to Deliver an Enhanced Cinematic Experience

OpenAI's legal battle with Elon Musk reveals internal turmoil over avoiding AI 'dictatorship'The loss of control over key allies and the unpredictable nature of the events unfolding in South Korea and Syria have placed the U.S. in a challenging position. The U.S. has traditionally relied on alliances and partnerships to advance its interests and maintain stability in key regions around the world. However, the sudden shifts in power and the emergence of new threats have revealed the limitations of U.S. influence and raised questions about the effectiveness of its foreign policy approach.

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In a heartwarming moment that captured the hearts of many, Chinese actor and singer Xiang Zuo publicly declared his love for actress Guo Biting while getting his hair styled at a salon. The sweet gesture, which took place during a live stream on social media, has since gone viral, spreading smiles and joy among countless fans.One of the key highlights of this program is the introduction of "Ke Ling AI," an advanced artificial intelligence system designed to assist directors in various aspects of the creative process. Utilizing state-of-the-art machine learning algorithms, Ke Ling AI is capable of analyzing script content, providing feedback on scene composition, and even suggesting potential casting choices based on data-driven insights.

Blues supporters also sang the name of head coach Maresca during the closing stages of an emphatic success sealed by goals from Axel Disasi, Christopher Nkunku, Noni Madueke, Cole Palmer and substitute Jadon Sancho. Bottom club Southampton briefly levelled through Joe Aribo but were a man down from the 39th minute after captain Jack Stephens was sent off for pulling the hair of Marc Cucurella. Chelsea, who have endured an underwhelming period since Todd Boehly’s consortium bought the club in 2022, climbed above Arsenal and into second place on goal difference, seven points behind leaders Liverpool. “It was a very good feeling, especially because you can see that they are happy, that is our target,” Maresca said of the atmosphere in the away end. “We work every day to keep them happy and tonight was a very good feeling, especially the one that they can see that Chelsea’s back. This is an important thing.” Maresca rotated his squad in Hampshire, making seven changes following Sunday’s impressive 3-0 win over Aston Villa. Following a sloppy start, his side, who stretched their unbeaten run to six top-flight games, could easily have won by more as they hit the woodwork three times, in addition to squandering a host of chances. “I’m very happy with the five we scored,” said the Italian. “I’m not happy with the first 15, 20 minutes, where we struggled. The reason why we struggled is because we prepared the game to press them man to man and the first 15, 20 minutes we were not pressing them man to man. “After 15, 20 minutes we adjust that and the game was much better. For sure we could score more but five goals they are enough.” Southampton manager Russell Martin rued a costly “moment of madness” from skipper Stephens. The defender’s ridiculous red card was the headline mistake of a catalogue of errors from the beleaguered south-coast club as they slipped seven points from safety following an 11th defeat of a dismal season. “I don’t think anyone will be as disappointed as Jack,” Martin said of Stephens, who was sent off for the second time this term after tugging the curls of Cucurella as Saints prepared to take a corner. “I haven’t got to sit down and talk with him about that at all. He will be hurt more than anyone and it’s changed the game for us tonight, which is disappointing. “I think they have to describe it as violent conduct; it’s not violent really but there’s no other explanation for that really. It’s a moment of madness that’s really cost us and Jack.” Southampton repeatedly invited pressure with their risky attempts to play out from defence, with goalkeeper Joe Lumley gifting Chelsea their second goal, scored by Nkunku. While Saints were booed off at full-time, Martin, who was missing a host of key players due to injuries and suspensions, praised the effort of his depleted team. “When they see such a big scoreline and a couple of the goals we concede, I understand it (the jeers),” he said. “It’s football, it’s emotive, people feel so much about it, it’s why it’s such a special sport in this country and so big. “I understand it but I feel really proud of the players tonight, some of the football we played at 11 v 11 was amazing. “For an hour with 10 men we’ve dug in so deep, there were some big performances. I’m proud of them for that and I’m grateful for that because that’s not easy in that circumstance.”While coach Craig Berube said the news on injured goalie was good, he is completely comfortable if l gets a run of starts with as the backup. “I thought we got good news on (Stolarz),” Berube said Friday. “(He is) day to day right now. Obviously, he didn’t go on the ice today but we’ll see if he can get out there (Saturday).” Berube has generally expressed optimism about a player’s return. The Leafs have gone through a litany of injuries with “we’ll see tomorrow” being a common refrain as recoveries drag on. Berube expressed optimism Stolarz would be back next week but wouldn’t commit to it. “I do (expect him next week), but he’s got to get on the ice,” the coach said. “It was good news overall. So let’s just leave it at that.” There was also good news for , who is set to return to the lineup after and missing seven games. “I just overstretched on a stride and felt it through my groin,” said McMann, who has had groin issues before. “I just overexerted on something. There’s always that frustration and then you’re hoping that it’s not anything too drastic. You’re waiting for the pain to go away a little bit and then reassess. A bit of frustration, but it wasn’t too bad.” McMann will play on a line with Fraser Minten and Max Domi. He had six goals at the time of his injury and the team’s so-called “secondary scoring” suffered without him. “Another power forward in our lineup,” Berube said. “You look at our left side with (Matthew) Knies, (Max) Pacioretty, Bobby McMann — I love the size and the power forward-type player, up and down the wings, banging bodies, going to the net.” What ails Stolarz remains anyone’s guess. The netminder, who has had a terrific start to his Maple Leafs career with a league-leading .927 save percentage, seemed to favour his right leg after a goal by Anaheim in the first period Thursday night. He finished the period, but gave Woll a signal that something was up, was seen by medical staff during the intermission and didn’t finish the game. Woll will get the start Saturday in Detroit as the Leafs vie for their third win in a row. “He’s played really well for us this year,” Berube said. “I’ve got a lot of faith in him.” Woll, with a .921 save percentage, and Stolarz have provided elite-level goaltending this season. Having allowed 2.55 goals against a game, the Leafs are among the league’s stingiest teams defensively. Hildeby, the rookie who played two games early in the season with Woll injured, will be the backup Saturday and could start Sunday in a rare afternoon game against Buffalo. “If we’ve got to use him, I have confidence in him, for sure,” Berube said. Hildeby didn’t sound as if he had much confidence in himself. His season with the Marlies has been so-so. He has a 2.73 goals-against average and an .897 save percentage and said his rhythm and timing have been off. “It’s been up and down,” Hildeby said. “I’ve got some things to work on. But I’m getting better.” He is not sure whether he’ll see any action with this call-up. “I have no clue. I got a text to be here, I’m here. So I’ve learned not to expect anything, really. Just take advantage of this opportunity.” Forward David Kämpf took part in practice in full for the first time. He said a lower-body injury was bothering him before he took himself out of the lineup. “It was just getting worse,” he said. He has missed nine games ... Forward Ryan Reaves practised as a defenceman with Philippe Myers. Reaves, Myers and Nick Robertson likely will be healthy scratches against Detroit ... Agent Allan Walsh, who represents Max Pacioretty, was spotted at practice.

Trump took over the family real estate business in 1971 and used it to build his business brand. As the family's businesses expanded, they faced lawsuits and financial volatility. Here's everything to know about the Trump businesses and increasingly complicated ethical questions. When President-elect Donald Trump was growing up, he worked in the offices and on the construction sites of his father's real estate business, Elizabeth Trump & Son. By 1973, he had taken over the company and given it a now well-known name: The Trump Organization. In the decades since, Trump has pursued global real estate development, reality television shows, a media conglomerate, cryptocurrency, and branded products like Bibles. His signature company has faced financial and legal turmoil throughout the years, but has become synonymous with his trademark brand of business success. When Trump took office in 2017, he handed formal control of the Trump Organization to his two elder sons, Donald Trump Jr. and Eric Trump . Some questioned whether conflicts of interest persisted for the then-president, who had simultaneous political and professional power. Now that Trump has won a second term in the White House, the Trump Organization will again have to navigate a murky business landscape. Here's everything to know about the Trump Organization and the family's business ventures, including financial volatility, lawsuits, and an increasingly complicated web of ethical questions. Company history Fred Trump was born in New York City in 1905. He started building and selling homes in Queens when he was 19, eventually developing properties in Brooklyn and Staten Island as well. The president-elect was involved with the business since childhood and began officially working for his father shortly after graduating college. He took over the company in 1971 and renamed it in 1973. Key business areas After taking over, Trump helped expand the business, buying properties in Manhattan and outside of New York. He developed the Grand Hyatt Hotel in 1976, despite not having enough money to buy the property (this is among the early plot points in 'The Apprentice, ' a 2024 movie about Trump's business rise). By the 1980s, Trump had established himself as a real estate mogul, boasting properties like Trump Tower and beginning to pursue casinos in Atlantic City, New Jersey. The Trump Organization faced financial challenges in these years, with multiple Trump-owned properties filing for bankruptcy in the early 1990s. The president-elect used bankruptcy protections to restructure the company's debts and maintained his image as a successful businessman. Today, the Trump Organization's website lists eight hotels, five of which are in the U.S. It also lists residential properties across the country and globe, with a focus on New York. In addition to the real estate holdings, the organization lists 18 golf courses it owns or is developing. In 1996, Trump bought the Miss Universe Organization , which included Miss USA and Miss Teen USA. He sold the company in 2015, after NBC dropped the show due to remarks he made about Mexican immigrants during his 2016 presidential campaign. The beauty pageant has been awash in controversy in recent years, and some contestants have said that Trump would look at them as they changed backstage. Trump starred as himself in a reality show, 'The Apprentice,' which he hosted from 2004 to 2015. Aspiring business leaders battled each other in challenges and Trump served as the judge, telling a contestant each week, "You're fired!" The show and its spinoff, 'The Celebrity Apprentice,' helped expand Trump's national reach. NBC cut Trump's ties with the program in 2015. After leaving the White House in 2017, Trump formed Trump Media & Technology Group and its flagship product, Truth Social. He founded the company after being kicked off of many mainstream social media sites for his actions on January 6 and now owns a majority stake. Trump Media's financial health shifts with the president-elect's political prospects. Many consider it a "meme stock," since its share price doesn't correlate to its profitability. Trump Media's stock soared after Trump won the 2024 election. The president-elect's stake in the company is his most valuable asset, valued at around $3.5 billion in December, 2024. Since his earliest business days, Trump has profited from branded products , starting with his buildings themselves. During his reality television days, he attached his name to everything from board games to steaks. Trump has continued to sell branded products as a political figure, and financial disclosures released in August reveal that he made more than $12 million off of NFTs and books alone. He also sells sneakers, cologne, and a Trump Bible. Leadership and ownership The Trump Organization is a collection of around 500 privately held companies. Trump ran the day-to-day operations of the company prior to becoming president, but handed control over to his two oldest sons, Donald Trump Jr. and Eric Trump, when he moved into the White House in 2017. Related stories The company's leadership is composed largely of family loyalists. Eric and Donald Trump Jr. are currently the executive vice presidents. Since the 1970s, most presidents have put their assets into blind trusts, a financial arrangement whereby an independent trustee controls the holdings. During the 2016 campaign, Trump put his assets into a trust controlled his older sons and Allen Weisselberg , the Trump Organization's chief financial officer at the time. The arrangement was not as extensive as a blind trust structure. Trump resigned but didn't sell his stake in the company, which promised not to make any new foreign deals while Trump was president. The Trump Organization also hired an outside ethics advisor at the time and said it would donate any profits from foreign governments to the Treasury Department. Various parties sued Trump over alleged violations of the Constitution's emoluments clause, which prevents presidents from receiving payments or gifts from foreign governments. International governments with interest in US policy decisions spent money at various Trump properties during his term. Three cases about the clause were dismissed without resolution after Trump left office. Related stories Controversies and legal challenges The company's legal troubles predate Trump's time in the White House, stretching back to the era of Fred Trump's leadership. In 1973, the Justice Department sued Fred and Donald Trump for alleged racial discrimination. The parties settled and the Trumps didn't admit any wrongdoing. The company's business practices continued to receive scrutiny throughout the rest of the 20th century, especially as it faced financial difficulties. Trump borrowed money to fund new projects like hotels and casinos, and in 1990 his dad bought more than $3 million worth of casino chips to help a venue make an interest payment. Later, the state of New Jersey found that the transaction was an illegal loan and levied a fine of $65,000. Over the past three decades, Trump and his companies have been engaged in many lawsuits, ranging from bankruptcy proceedings, to fights with gambling patrons, to personal defamation suits. Recently, the company has been entangled in both a civil and criminal fraud trial in New York. In the civil case, the state's attorney general accused the Trump Organization of misleading banks and insurers about property values. A Manhattan judge found Trump guilty in February 2024 and ordered the company to pay almost $364 million before interest, with Trump personally responsible for nearly $355 million of the penalty. By March, judges had lowered Trump's bond to $175 and the president-elect has appealed the case. As part of this case, Weisselberg , the company's former CFO, was sentenced to jail time after admitting to perjury. On the same day the AG first filed the civil fraud case, Trump formed "Trump Organization II " in an apparent attempt to protect his holdings. Anticipating that Trump might try to move his holdings to a company that isn't being sued , the judge made him tell a court-appointed monitor about "any corporate restructuring, disposition or dissipation of any significant assets." New York's criminal suit against Trump ended in 34 convictions , making him the first former president convicted of a felony. A 12-person Manhattan jury found Trump guilty on 34 criminal counts of falsifying business records to hide a $130,000 hush-money payment to Stormy Daniels, an adult film star. The judge in the case has indefinitely postponed Trump's sentencing and the president-elect is now arguing that the case should be thrown out entirely because he has presidential immunity. In July, the Supreme Court ruled that presidents are broadly immune from prosecution, and Trump's legal team is arguing the same should be true for presidents-elect. Next steps for the Trump Organization and other businesses Now that Trump is headed back to the White House, the Trump Organization once again finds itself in a thicket of legal and ethical questions. The company may or may not reinstate its ban on foreign deals once Trump is sworn in for a second term and has business in countries central to America's foreign policy agenda, like Saudi Arabia. In addition to the Trump Organization, Trump Media is another ethical gray area, as people with a vested interest in policy decisions could buy advertisements on Truth Social or shares of stock. Doing so would raise Trump's net worth, given that he owns a majority stake in the company. In September, Trump announced a family crypto venture, World Liberty Financial . The platform is marketed as a way for traders to borrow and lend cryptocurrencies. Donald Trump Jr., Eric Trump, and Barron Trump are all involved in the venture. A document from the company lists all four of them as part of the team, but says no Trump family members are employees or officers. Ethics experts have said that World Liberty Financial could also pose conflicts of interest since Trump will oversee crypto regulations as president. The Trump Organization, Trump Media, and World Liberty Financial did not respond to Business Insider's request for comment.As the nurse puts on a band-aid and offers a gentle smile, the baby's emotions begin to settle into acceptance. They may still be sniffling or whimpering softly, but the storm of emotions has passed. In just a few short moments, the baby has journeyed through a whirlwind of feelings, from innocence to confusion, pain to fear, and finally to resilience and acceptance. As a parent, you can't help but feel a sense of admiration for their ability to navigate these emotions with such grace and strength.The Alaska Department of Transportation plans to use a $12.4 million federal grant to use drones for safety-related efforts in the state’s rural communities and remote areas. DOT stated in a news release that the money will fund the Scalable Operations and Advanced Remote Technologies (SOAR) initiative, the second phase of a drone program partnership. SOAR was launched to use advanced drones for long-distance flights to improve safety and transportation in hard-to-access areas with limited roads, trails or infrastructure. “This project will help modernize community decision-making through advanced technologies, information gathering, and communications about surface conditions, weather, temperatures, and information on special situations such as floods or fire,” DOT Commissioner Ryan Anderson said in a prepared statement. Funding comes from the U.S. Department of Transportation Strengthening Mobility and Revolutionizing Transportation (SMART) grant program. The first phase was the ARROW (Alaska Rural Remote Operations Work Plan) Program. The funding will help integrate “cutting-edge technologies such as Beyond Visual Line of Sight (BVLOS) unmanned aircraft systems (UAS), drone-in-a-box solutions, advanced communications infrastructure, and real-time data management,” DOT stated in its release. The University of Alaska Fairbanks Alaska Center for UAS Integration (ACUASI) has been spearheading how to integrate BVLOS technology into unmanned drones for several years. BVLOS drones use GPS, sensors, and cameras to navigate and observe the environment, detect other aircraft and adjust flight patterns accordingly to re The Federal Aviation Administration enforces strict protocols for most drones that require them to remain within an operator’s visual line of sight; however, waivers can be secured by organizations such as the one ACUASI received in 2023. ACUASI also achieved other milestones, such as a historic unmanned beyond visual sight survey of a 3.87-mile segment of trans-Alaska pipeline corridor in 2019. Under the ARROW program, DOT initially deployed drones to Yukon Kuskokwim Delta communities in 2023, including Bethel. ARROW supported initiatives such as infrastructure inspections, documentation of the 300-mile Kuskokwim ice road, and enhancing search and rescue operations across the region. Skydio, a California-based American drone manufacturer, provided the unmanned aerial systems. The SOAR project includes partnerships with other agencies, including AUCASI, the California Department of Transportation, the Association of Village Council Presidents and labor organizations such as AFL-CIO and the International Brotherhood of Electrical Workers. With the $12.4 million infusion, SOAR would expand the number of participating disadvantaged communities in Alaska and California, ranging in size from Lime Village and Goodnews Bay in the Bethel Census Area, cities including Fairbanks to major metropolitan areas such as San Jose in California. “Sites were selected for their proximity to transportation corridors, critical infrastructure, construction sites, and geohazards (landslides, avalanche, ice road, erosion, subsidence and earthquake) affecting the safety of traveling public in snowmachine, boat, car, or plane,” the project website states. “This highly disparate selection of project sites was purposefully curated to demonstrate broad scalability and live problem-solving capabilities with the integration of uncrewed aviation technologies.” Dylan Blankenship, DOT’s statewide aviation development specialist, noted that the program can benefit communities and developments to “document seasonal trails like ice roads, which we have a few of” and provide warnings about hazardous conditions ahead of time. According to the DOT, SOAR drone applications will include monitoring and responding to critical transportation-related environmental and infrastructure challenges, rural economic growth through workforce development programs and partnerships with local organizations, and “reducing carbon emissions by integrating renewable energy sources, such as solar-powered drone docks and energy storage systems, into transportation operations.”BOSTON — Forty years ago, Heisman Trophy winner Doug Flutie rolled to his right and threw a pass that has become one of college football’s most iconic moments. With Boston College trailing defending champion Miami, Flutie threw the Hail Mary and found receiver Gerard Phalen , who made the grab while falling into the end zone behind a pair of defenders for a game-winning 48-yard TD. Flutie and many of his 1984 teammates were honored on the field during BC’s 41-21 victory over North Carolina before the second quarter on Saturday afternoon, the anniversary of the Eagles’ Miracle in Miami. “There’s no way its been 40 years,” Flutie told The Associated Press on the sideline a few minutes before he walked out with some of his former teammates to be recognized after a video of The Play was shown on the scoreboards. It’s a moment and highlight that’s not only played throughout decades of BC students and fans, but around the college football world. “What is really so humbling is that the kids 40 years later are wearing 22 jerseys, still,” Flutie said of his old number. “That amazes me.” That game was played on national TV the Friday after Thanksgiving. The ironic thing is it was originally scheduled for earlier in the season before CBS paid Rutgers to move its game against Miami, thus setting up the BC-Miami post-holiday matchup. “It shows you how random some things are, that the game was moved,” Flutie said. “The game got moved to the Friday after Thanksgiving, which was the most watched game of the year. We both end up being nationally ranked and up there. All those things lent to how big the game itself was, and made the pass and the catch that much more relevant and remembered because so many people were watching.” There’s a statue of Flutie winding up to make The Pass outside the north gates at Alumni Stadium. Fans and visitors can often be seen taking photos there. “In casual conversation, it comes up every day,” Flutie said, when asked how many times people bring it up. “It brings a smile to my face every time we talk about it.” A week after the game-ending Flutie pass, the Eagles beat Holy Cross and before he flew off to New York to accept the Heisman. They went on to win the 49th Cotton Bowl on New Year’s Day. “Forty years seem almost like incomprehensible,” said Phalen, also standing on the sideline a few minutes after the game started. “I always say to Doug: ‘Thank God for social media. It’s kept it alive for us.”’ Earlier this week, current BC coach Bill O’Brien, 55, was asked if he remembered where he was 40 years ago. “We were eating Thanksgiving leftovers in my family room,” he said. “My mom was saying a Rosary in the kitchen because she didn’t like Miami and wanted BC to win. My dad, my brother and I were watching the game. “It was unbelievable,” he said. “Everybody remembers where they were for the Hail Mary, Flutie pass.” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

However, such rapid growth and market dominance have also attracted scrutiny and regulatory oversight, particularly in the realm of anti-monopoly regulations. The investigation launched by the State Administration for Market Regulation underscores the growing concerns surrounding Nvidia's market power and competitive practices, signaling a broader crackdown on anti-competitive behavior in the technology industry.

Tesla Stock Hits a New 52-Week High, Shakes Off Growth Concerns - Barron'sMUNICH, Dec 29 (Reuters) - Siemens AG (SIEGn.DE) , opens new tab is reviewing its majority stake in medical technology subsidiary Siemens Healthineers, (SHLG.DE) , opens new tab , the German technology group's Chief Financial Officer Ralf Thomas told the Handelsblatt newspaper. The synergies with the manufacturer of MRI machines and laboratory systems are not great enough to justify a capital commitment of 45 billion euros ($46.91 billion), Thomas told Handelsblatt, referring to how much Siemens' 75% equity stake is worth. "We are evaluating the economic opportunities for Siemens AG in the healthcare sector. We will then derive from this how instrumental Healthineers is as an investment. And then we will draw a conclusion from that," he said, adding that the results will be presented at a capital markets day at the end of 2025. Siemens AG spun off the Erlangen, Germany-based subsidiary in 2018 and floated it on the stock exchange. Until now, Siemens had maintained it would keep the majority stake in Siemens Healthineers. However, Thomas recently held out the prospect of selling around 5% in the foreseeable future to finance the takeover of U.S. software company Altair (ALTR.O) , opens new tab . Thomas said he remained committed to the Mobility train division, which investors have repeatedly called to be spun off. "The business is in good hands with us. I don't see any need for us to part with it at the moment," he told Handelsblatt. ($1 = 0.9592 euros) Sign up here. Reporting by Alexander Huebner, Writing by Miranda Murray; Editing by Rod Nickel Our Standards: The Thomson Reuters Trust Principles. , opens new tabNone

Media outlets have been quick to point out the dangers of complacency when it comes to savings. Low-interest rates offered by banks mean that savings are losing value over time due to inflation. By simply letting money sit in a bank account, individuals are effectively losing purchasing power as the cost of living continues to rise. Moreover, the lack of investment in higher-yield assets means missed opportunities for growing wealth and achieving financial goals.