Gates completes acquisition of Timken’s belts business

Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. OpenAI used a recent webinar to demonstrate how its finance team is using artificial intelligence to transform the finance function. But while the presentation emphasized faster workflows and new ways of working, attendees repeatedly submitted questions about…

Key Points The disposition of 23,000 shares was executed at $31.53 per share, totaling an estimated value of $725,200. The sale reduced the executive’s direct equity holdings by 3%, as reported in the Form 4. The transaction was conducted directly by Sauers through a pre-arranged Rule 10b5-1 trading plan. 10 stocks we like better than…

IIFL has initiated coverage on Adani Power with a target price of Rs 240, compared to current market price of Rs 220 and estimated EBITDA to quadruple by FY33-35E. The brokerage in a report said that its SoTP-based 12-month target price of Rs 240 per share values Adani at an implied FY28E EV/Ebitda of 20x,…

Over the years, I’ve worked closely with businesses across Nigeria—trading companies, cross-border operators, and suppliers trying to connect into global supply chains. The thing that struck me most wasn’t the complexity of the regulations, the volatility of the naira, or even the fragmentation across the continent. It was something much simpler: money kept arriving at…

The account is real. The credentials are real. The employee is not. Synthetic insiders use stolen identities, deepfake technology and remotely controlled devices to get hired, pass background checks and log in through approved accounts: access that looks legitimate because it is legitimate. The person operating it is not who the company believes it hired….