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According to CNBC, startup Moonshot AI is valued at $4.8 billion.On January 19th, Meixinsheng announced that it and other investors plan to increase their investment in Fusionsight PTE. LTD. Meixinsheng plans to subscribe for 9,411,765 preferred shares of Fusionsight for US$3.2 million. After the capital increase, Meixinsheng will hold 18.82% of Fusionsights equity. WI Harper Fund IX is a related party of Meixinsheng, and this transaction constitutes a joint investment with a related party, thus constituting a related-party transaction. This related-party transaction has been approved by the companys second board of directors at its seventh meeting and does not require submission to the companys shareholders meeting for approval.Canadas December CPI fell 0.2% month-on-month, the largest drop since December 2024.Canadas core CPI rose 2.8% year-on-year in December, down from 2.9% in the previous month.January 19th - With the semiconductor industry officially entering the 2-nanometer era, the price and cost of devices using this technology have attracted significant industry attention. In a recent investor report, Jeff Pu, an analyst at Hong Kong-based GF Securities, revealed that Apple will release its first foldable phone, the iPhone Fold, in September this year, along with the iPhone 18 Pro and iPhone 18 Pro Max. All three models will be equipped with TSMCs 2-nanometer A20 Pro chip. However, for the long-awaited consumer market, the high cost of the 2-nanometer A20 chip will likely lead to a substantial price increase, making it Apples most expensive chip to date. Previously, according to supply chain sources, TSMCs 2-nanometer wafer price was expected to exceed $30,000 per piece, twice the price of its 4-nanometer wafers, and the cost of a single A20 chip could reach $280, an increase of approximately 80% compared to the A19 chip.

Pernod Ricard Expects Digital Drive to Stimulate Growth

Aria Thomas

Jun 08, 2022 14:50

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Pernod Ricard (EPA:PERP) announced on Wednesday that it was betting on digital efforts, its portfolio of premium brands, and its distribution network to drive sales growth over the next five years.


Pernod, the second-largest spirits company in the world after Diageo (LON:DGE), stated that it will strive for organic sales growth of between 4 and 7 percent per year over the medium term.


Pernod, whose brands include Martell cognac, Mumm champagne, and Absolut vodka, reaffirmed its goal to increase operating profit margin by 50 to 60 basis points annually, assuming it can achieve annual organic sales growth of 4 to 7 percent in the medium term.


The corporation noted that its digital activities would entail more work to predict client preferences and industry trends using data.


Pernod Ricard has a Capital Market Day on Wednesday afternoon.