The shareholders of Permanent TSB (PTSB) in Ireland have given a resounding nod to a €1.6 billion acquisition by Austria's Bawag Group, with an overwhelming 91% of votes cast in favor of the deal. The path ahead for this acquisition involves obtaining the green light from both the Irish High Court and the European Central Bank, marking the next crucial steps in the process.
Following...
Meta Platforms has reported a significant decline in its free cash flow for the second quarter, marking a 91% drop compared to the same period last year. The company recorded a free cash flow of $784 million for the quarter ending June 30, a steep fall from the $8.55 billion reported in the previous year. This decline has been attributed to the company's substantial...
