ALSTOM SA: Alstom books a new services order in AMECA region of around €400 million

Bloomberg
Canada Finds It’s Cheaper to Ship Oil Via Stop in California
(Bloomberg) -- Canada’s newest oil pipeline has turbo-charged exports of the country’s heavy crude to Asia and a diversion through California is making for a longer but potentially cheaper journey.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoSpaceX Tender Offer Said to Value Company at Record $210 BillionBolivia’s President Arce Swears in New Army Chief After Coup BidChina’s Finance Elite Face $400,000 Pay Cap, Bonus ClawbacksSupreme Court Ends OxyContin Sett
Reuters
Potential China action against EU pork may be double-edged sword for Brazil
China's potential imposition of anti-dumping measures on European Union pork imports, a disastrous scenario for the bloc, could benefit Brazil's exporters but also affect the country's ability to compete elsewhere, analysts and industry sources said. Chinese companies have asked for an anti-dumping probe into pork imports from the European Union, state-backed Chinese media have reported. The potential for additional demand from China as a consequence of any anti-dumping measures is welcome for Brazilian exporters.
The Canadian Press
The Supreme Court strips the SEC of a critical enforcement tool in fraud cases
WASHINGTON (AP) — The Supreme Court on Thursday stripped the Securities and Exchange Commission of a major tool in fighting securities fraud in a decision that also could have far-reaching effects on other regulatory agencies.
Reuters
Exclusive-Poland's Orlen warned three gas companies it could seize Gazprom payments, sources say
WARSAW (Reuters) -Poland's biggest energy company Orlen warned gas companies in Hungary, Slovakia and Austria that it could seize their payments for imports from Russia's Gazprom, sources familiar with the matter said. The warnings, in letters sent over a month ago, are linked to claims for losses Poland incurred after being cut off from Russian supplies in 2022, two sources with knowledge of the letters told Reuters. Poland was cut off for not paying in roubles as Western nations imposed sanctions on Russia following its invasion of Ukraine.
Bloomberg
Banker-Lawyer duo make billions from audacious natural gas bet
(Bloomberg) -- The US Gulf Coast is probably the only place in the world where two men with virtually no experience running an energy business could upend a vast industry while becoming billionaires in the process.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoSpaceX Tender Offer Said to Value Company at Record $210 BillionBolivia’s President Arce Swears in New Army Chief After Coup BidChina’s Finance Elite Face $400,000 Pay Cap, Bonus ClawbacksYouTuber Dr Disr
CNN
NY AG opposes Trump motion for civil fraud judge to recuse himself
The New York attorney general’s office accused Donald Trump of undertaking yet another effort to “undermine the Court’s legitimacy” by calling for the judge in the former president’s civil fraud trial to recuse himself over communications with a real estate attorney.
GOBankingRates
I’m Planning To Run Out of Money in Retirement — Here’s Why
The concept of running out of money intentionally in retirement might initially seem a bit strange. After all, we're so often taught the importance of saving, investing and preparing ourselves for...
GOBankingRates
People Are Way Off on Predicting How Much They Need for Retirement — Are You?
The further out you are from retirement, the more difficult it may seem to figure out exactly how much you'll need when that magic day comes. Younger people might not even be thinking about...
South China Morning Post
Huawei smartphone sales see biggest growth in 618 shopping festival, but Apple stays ahead
Huawei Technologies has emerged as the big winner in China's smartphone market for the recently-concluded midyear 618 shopping festival with the biggest jump in sales and the smallest discounts, according to the latest data from Counterpoint Research. Huawei sales jumped 42.4 per cent during the one-month 618 sales period that started May 20, according to Counterpoint, which attributed the rise to continued strong demand for the company's latest handsets, including those from the Mate 60 and Pur
Fortune
The clock is ticking as Boeing’s 32,000-strong union negotiates to ‘save the company from itself’—even if it takes a costly strike
Boeing’s employees are battling for a new contract—and it appears management is facing two choices: one bad and the other worse.
South China Morning Post
Hong Kong a unique proving ground for DeFi, metaverse, HKIMR studies show
Hong Kong possesses unique competitive advantages to develop decentralised finance (DeFi) and the metaverse as these blockchain technologies continue to evolve, according to two surveys by a government-backed body. The city's advantages, based on surveys on DeFi and the metaverse with financial institutions, include a well-defined legal and regulatory framework, business-friendly environment, robust financial infrastructure and network, and highly skilled talent. The emerging DeFi and metaverse
Bloomberg
Exxon Backs EV Demand Growth to Turn Its Lithium Bet Into a Win
(Bloomberg) -- Exxon Mobil Corp. said lithium demand will grow despite a years-long slump in prices, a scenario that would help its traditional oil business co-exist with a foray into producing the battery material that’s key for electric vehicles.Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorVolkswagen Invests $5 Billion in EV Startup Rivian to Form Joint VentureTrump Could Actually Lose Florida. Here’s Why.Nvidia Rout Takes Breather as Trader
CBC
How inflation took a bite out of workers' wages as they rose over the past decade
There's a stark difference when 32-year-old Olivia Polk compares her life to how her mom's looked at the same age.In terms of owning a home and a car, or having a family, "I don't have any of those things, and I don't imagine that I will any time soon," she said.Until recently, Polk worked for a Halifax organization that provides affordable housing, saw herself as middle class and made well above minimum wage.But despite sharing living expenses with her partner, she said they still live paychequ
Reuters
Chinese-owned chipmaker Nexperia invests $200 million in European expansion
AMSTERDAM/HAMBURG (Reuters) -Nexperia, one of the world's largest makers of basic semiconductors such as diodes and transistors, said on Thursday it would invest $200 million to expand capacity at its main production site in Hamburg, Germany. The investment by Dutch-headquartered Nexperia, owned by Chinese electronics maker WingTech, is a rare example of a computer chip investment made in Europe without assistance from state subsidies under the EU's Chips Act launched in 2023. It also comes as the European Union is considering whether China is unfairly subsidising domestic Chinese production of simple "legacy" chips, found in cars, electric systems, smartphones and industrial applications.
South China Morning Post
Tech war: dreams die for bankrupt Chinese semiconductor start-up Woodson
The recent collapse of Woodson, a Shanghai-based semiconductor start-up that went bankrupt, is the latest example of how China's efforts to build local alternatives to the world's most advanced chips can fail. Woodson, whose main entity is Shanghai Wusheng Semiconductor Group, was liquidated, according to a notice released on June 6 by the city's Pudong New Area People's Court. That marked the end for the firm, which was once an emerging star in China's semiconductor industry. Do you have questi
CNN Business
‘Months to correct, if not years’: Car dealerships and customers feel the impact as CDK outage drags on
A CDK Global system outage has affected nearly every aspect of the Mazda dealership in Seekonk, Massachusetts, where Ryan Callahan is general sales manager. He says it won’t be a simple fix.
Autoblog
Average new car prices are falling and could significantly boost sales
J.D. Power's recent sales forecast shows that dealers have more inventory and automakers are loosening the purse strings on incentives.
GOBankingRates
6 Tips To Save Like Millionaire Gen Zers
A GOBankingRates survey found that 3% of Gen Z adults (18 to 24 years old) already have over $1 million saved for retirement. If your retirement savings balance is significantly lower, you're not...
Reuters
U.S. crude imports touch two-year high despite lukewarm demand
U.S. crude oil imports last month rose to a nearly two-year high as refiners scooped up heavy crudes from Canada and Latin America to process into fuels for summer driving season. Imports of crude oil rose to 3.1 million barrels per day (bpd) in May, the highest since July 2022, data from ship tracking service Kpler showed. Fuel demand has remained tepid with product supplied for gasoline at 9.1 million bpd in the week to June 14, slightly below the 10-year seasonal average, data from the U.S. Energy Information Administration showed.
GOBankingRates
4 Pillars Your Retirement Plan Must Include
According to a Schroders survey, 32% of retired Americans feel that they don't have enough saved up, and 58% admitted that they have no idea how long their nest egg will last. Creating a retirement...

About Alstom
	Alstom commits to contribute to a low carbon future by developing and promoting innovative and sustainable transportation solutions that people enjoy riding. From high-speed trains, metros, monorails, trams, to turnkey systems, services, infrastructure, signalling and digital mobility, Alstom offers its diverse customers the broadest portfolio in the industry. With its presence in 64 countries and a talent base of over 84,700 people from 184 nationalities, the company focuses its design, innovation, and project management skills to where mobility solutions are needed most. Listed in France, Alstom generated revenues of €17.6 billion for the fiscal year ending on 31 March 2024. For more information, please visit www.alstom.com.

	Contacts	Press Coralie COLLET - Tel.: +33 (0) 7 63 63 09 62 coralie.collet@alstomgroup.com Souade BEKHTI –Tel.: +971 56 995 45 76 Souade.bekhti@alstomgroup.com Investor Relations Martin VAUJOUR – Tél : +33 (0) 6 88 40 17 57 martin.vaujour@alstomgroup.com Estelle MATURELL ANDINO – Tél : +33 (0) 6 71 37 47 56 estelle.maturell@alstomgroup.com

S&P/TSX

S&P 500

DOW

CAD/USD

CRUDE OIL

Bitcoin CAD

CMC Crypto 200

GOLD FUTURES

RUSSELL 2000

10-Yr Bond

NASDAQ

VOLATILITY

FTSE

NIKKEI 225

CAD/EUR

STOCKS END HIGHER AHEAD OF KEY U.S. INFLATION PRINT

ALSTOM SA: Alstom books a new services order in AMECA region of around €400 million

Latest Stories

Canada Finds It’s Cheaper to Ship Oil Via Stop in California

Potential China action against EU pork may be double-edged sword for Brazil

The Supreme Court strips the SEC of a critical enforcement tool in fraud cases

Exclusive-Poland's Orlen warned three gas companies it could seize Gazprom payments, sources say

Banker-Lawyer duo make billions from audacious natural gas bet

NY AG opposes Trump motion for civil fraud judge to recuse himself

I’m Planning To Run Out of Money in Retirement — Here’s Why

People Are Way Off on Predicting How Much They Need for Retirement — Are You?

Huawei smartphone sales see biggest growth in 618 shopping festival, but Apple stays ahead

The clock is ticking as Boeing’s 32,000-strong union negotiates to ‘save the company from itself’—even if it takes a costly strike

Hong Kong a unique proving ground for DeFi, metaverse, HKIMR studies show

Exxon Backs EV Demand Growth to Turn Its Lithium Bet Into a Win

How inflation took a bite out of workers' wages as they rose over the past decade

Chinese-owned chipmaker Nexperia invests $200 million in European expansion

Tech war: dreams die for bankrupt Chinese semiconductor start-up Woodson

‘Months to correct, if not years’: Car dealerships and customers feel the impact as CDK outage drags on

Average new car prices are falling and could significantly boost sales

6 Tips To Save Like Millionaire Gen Zers

U.S. crude imports touch two-year high despite lukewarm demand

4 Pillars Your Retirement Plan Must Include