Hexagon Composites ASA: Notice of Annual General Meeting

Reuters
Why BYD's EV exports sell for twice the China price
U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. The goal: to rake in hefty profit margins the automaker can’t get in China amid fierce competition. In some foreign showrooms, BYD charges more than double — sometimes nearly triple — the price it gets for three key models in China, according to a Reuters review of the automaker’s pricing in five of its biggest export markets.
a day ago
Reuters
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
Beijing city authorities have announced subsidies for firms that purchase domestically produced artificial intelligence (AI) chips, as China seeks to develop its semiconductor industry and reduce reliance on foreign technology. The sizes of subsidies were not specified in a document outlining the initiative by the Beijing Municipal Bureau of Economy and Information Technology dated April 24. "Companies that purchase domestically controlled GPU chips for intelligent computing services will receive support based on a certain percentage of their investment," the document showed, referring to chips known as graphics processing units (GPUs).
a day ago
Reuters
Beijing auto show: Themes and highlights
China's largest auto show opened in Beijing with the biggest names showing off their latest electric vehicles (EVs), underlining how the world's largest auto market is already in an all-electric state of mind, and isn't looking back. The last thing China needs is more electric cars crowding a market, driving down prices at the expense of profit. Exporting that overcapacity, however, has brought EV makers to authorities' attention.
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Reuters
Huawei's smart car tech offers automakers route to China sales
It's taken Huawei just four years to become a force in smart car technology, navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show. Huawei Technologies has two huge booths at this week's event, and there are at least seven Chinese automakers touting its Qiankun installed in their cars as the most sophisticated advanced driving assistance system (ADAS) to date. Even Germany's Volkswagen will equip its China-made, China-bound Audi Q6L e-tron with Qiankun upon the car's 2025 launch, in Huawei's first deal with a foreign automaker, two people with knowledge of the matter told Reuters.
a day ago
Reuters
India seeks overseas help for lithium processing to avoid relying on China
India is in talks with several countries seeking partnerships for technical help on lithium processing, said four sources familiar with the matter, to bolster its nascent lithium mining and electric vehicle industries and avoid relying on China. India's Ministry of Mines began discussions with Australia and the United States last year, said the four sources, two from India's government and two industry participants.
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GOBankingRates
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Whether you want to pay off student loan debt, start saving for a big-ticket purchase or build up a fund for the future, finding one of the best side jobs out there is a great way to reach your goal. If you need a side job to create extra income, read this list of viable side jobs to create your own schedule and break out of the 9-to-5 grind.
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EdgeProp
Shophouse sales value up 62% q-o-q in 1Q2024: PropNex Research
Districts 14 (Geylang, Eunos) showed a 10.5% q-o-q growth in median rents (Picture: Samuel Isaac Chua/EdgeProp Singapore) 1Q2024 saw 21 shophouses change hands, a 31% q-o-q increase from 16 deals the previous quarter. In terms of sales value, the deals translated to $180 million, a 62% q-o-q jump from 4Q2023, according to PropNex Research in a report on April 24.As the caveats for some transactions may not have been lodged, for instance, a handful of shophouse transactions in Districts 1 and 2 i
a day ago
Barrons.com
Apple Drops to Fourth Place Smartphone Seller in China
International Data Corp. said Lunar New Year stimulated shopping sentiment, and in high-end devices Android phones are winning over customers.
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GOBankingRates
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After working for most of your adult life, the last thing you want to do is stress about your finances and paying hefty bills in your golden years. You want to enjoy your retirement after committing...
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The Guardian
Tesla among electric carmakers forced to cut prices as market stalls
EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary
22 hours ago
SmartAsset
Ask an Advisor: I'm 60 and ‘Feeling Hopeless' With Just $15k Saved. What Can I Do Now to Increase My Retirement Savings?
I am feeling hopeless. I am 60 years old and have only $15,000 saved. I will get a 80% pension from the state of Massachusetts and be able to retire in three years. What can I possibly do to increase my savings now? – Joy There's no question that $15,000 is a small amount of […] The post Ask an Advisor: I’m 60 and ‘Feeling Hopeless’ With Just $15k Saved. What Can I Do Now to Increase My Retirement Savings? appeared first on SmartReads by SmartAsset.
2 days ago
Reuters
Glencore seeks investment opportunities in Nigerian mining sector
Mining and trading house Glencore will invest in Nigeria's mining sector if the government ensures a stable business climate, the company's CEO said on Thursday during a visit to Nigeria's minister in charge of solid minerals. The visit comes as Nigeria is seeking to woo foreign investors to its undeveloped mining sector. "We are looking at opportunities to invest in the mining sector with emphasis on nickel, cobalt, zinc amongst others," Glencore group CEO Gary Nagle said.
23 hours ago
Reuters Videos
Electric cars rule China's largest auto show
STORY: China's largest auto show opened in Beijing on Thursday (April 25).And the biggest names showed off their latest electric vehicles...Underlining that in the world’s largest auto market, all-electric cars are the future and there's no looking back.Automakers are set to unveil 117 new models, up from 93 at last year's show in Shanghai.And overall 278 new energy vehicles will go on display, which is seven more than last year.The show comes after sales of such cars hit a milestone in early April. Data showed they accounted for over half of cars sold in China.Shipments have been getting a boost from a year-long price war that has sapped profit margins…As automakers strive to keep up by announcing newer, cheaper models and promotions.Crowds flooded the booths of Chinese manufacturers such as BYD and industry newcomer, phone maker Xiaomi.Its CEO said locked-in orders for the sporty SU7 sedan - its first car - had hit over 75,700, and that buyers included owners of cars from brands like BMW and Audi.Foreign automakers have been scrambling to reset their China strategies and catch up with the electric shift.At the show, they touted plans to invest more in local production and research, with Japan's Nissan and Mazda unveiling cars tailored for Chinese drivers.
2 days ago
Associated Press
Honda planning to expand its electric vehicle efforts in Canada, Toyota expands in Indiana
Honda plans to invest $11 billion, with the help of joint venture partners, to build out its electric vehicle efforts in Canada as it prepares for future demand in North America for the automobiles. Honda expects to add at least 1,000 more workers for the two new facilities. There's also plans for a cathode active material and precursor processing plant through a joint venture partnership with POSCO Future M Co. and a separator plant through a joint venture partnership with Asahi Kasei Corp.
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Barrons.com
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SmartAsset
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BuzzFeed
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Reuters
Google parent announces first-ever dividend; beats on sales, profit; shares soar
Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.
2 days ago
The Independent
Trump loses latest bid for new E Jean Carroll defamation trial
Earlier this year, a jury determined that Mr Trump had defamed Ms Carroll, with $65m in punitive damages and $18m in compensatory damages
2 days ago
Yahoo Finance
AstraZeneca CEO on US-China tensions: 'We have established a very resilient supply chain'
AstraZeneca CEO Pascal Soriot joined Yahoo Finance to discuss the company's earnings today.
2 days ago

https://mb.cision.com/Public/22853/3950242/9a019aa467c96ff5.pdf	Notice of Annual General Meeting 2024 incl proxy and attendance forms
https://mb.cision.com/Public/22853/3950242/acb78d5c4834dc83.pdf	Recommendation from the Nomination Committee
https://mb.cision.com/Public/22853/3950242/92d64fb930c63460.pdf	Hexagon Composites Remuneration report 2023
https://mb.cision.com/Public/22853/3950242/8642e29b9625f5f3.pdf	Guidelines for remuneration of executive management 2024

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Hexagon Composites ASA: Notice of Annual General Meeting

Latest stories

Why BYD's EV exports sell for twice the China price

Beijing city to subsidise domestic AI chips, targets self-reliance by 2027

Beijing auto show: Themes and highlights

Huawei's smart car tech offers automakers route to China sales

India seeks overseas help for lithium processing to avoid relying on China

22 Side Gigs That Can Make You Richer Than a Full-Time Job

Shophouse sales value up 62% q-o-q in 1Q2024: PropNex Research

Apple Drops to Fourth Place Smartphone Seller in China

8 Ways Middle-Class People Become Poor in Retirement

Tesla among electric carmakers forced to cut prices as market stalls

Ask an Advisor: I'm 60 and ‘Feeling Hopeless' With Just $15k Saved. What Can I Do Now to Increase My Retirement Savings?

Glencore seeks investment opportunities in Nigerian mining sector

Electric cars rule China's largest auto show

Honda planning to expand its electric vehicle efforts in Canada, Toyota expands in Indiana

Warren Buffett or Not, Berkshire Hathaway Stock Is Built to Last

What Will My Lifestyle Look Like If I Retire With $7 Million?

19 Jobs That Make Over $150K

Google parent announces first-ever dividend; beats on sales, profit; shares soar

Trump loses latest bid for new E Jean Carroll defamation trial

AstraZeneca CEO on US-China tensions: 'We have established a very resilient supply chain'