Latest news with #2029
Bloomberg
8 hours ago
- Business
- Bloomberg
TotalEnergies Says It Can Get Mozambique LNG Running by 2029
TotalEnergies SE and its partners can still start producing liquefied natural gas in Mozambique from 2029, as they are poised to resume work at a $20 billion project thanks to improved security, Chief Executive Officer Patrick Pouyanne said in an interview with Nikkei Asia. 'Production will be by 2029,' the CEO of the French energy giant said in an interview with the Japanese media dated June 25. While on-site work was halted after insurgents attacked the region four years ago, 'people continued with the engineering,' so 'we should be able to meet' the 2029 target.
National Post
17 hours ago
- Business
- National Post
NHL, NHLPA agree to extend collective bargaining agreement four seasons
The NHL and NHL Players' Association are set to have labour peace through the 2029-30 season. Article content The league and its union announced Friday that the two sides have agreed to an extension of their collective bargaining agreement that includes an expansion of the regular season from 82 to 84 games. Article content Article content The NHL and NHLPA, which agreed to a memorandum of understanding through negotiations that began in April, revealed details of the pact Friday ahead of the first round of the league's draft. Article content The extension still requires ratification on both sides. The two sides had previously described talks as positive, a far cry from the boardroom strife that has gripped the sport in the past and led to a number of work stoppages, including a lockout that doomed the entire 2004-05 campaign. Article content Along with adding two games per team to the regular-season schedule and truncating exhibition play, early reports said the CBA will see a shortening of the maximum length of contracts and the addition of a playoff salary cap. Article content Players have been able to re-sign with their current team for up to eight years since 2013 and sign a contract with another club for seven years. The new CBA would reportedly see both scenarios cut by one season. Article content The playoff salary cap, meanwhile, would prevent teams from using long-term injured reserve loopholes to load up rosters ahead of the post-season. Article content Previous rules allowed teams with players on long-term injured reserve to exceed the salary cap by roughly the same amount as the injured player's salary until the playoffs. Article content Article content A consistent complaint from certain teams and fan bases alike, the Chicago Blackhawks, Tampa Bay Lightning and Vegas Golden Knights are among the clubs to have used the system to load up for post-season runs. Article content Article content
Khaleej Times
a day ago
- Business
- Khaleej Times
Dubai Metro: Full list of updated vs old station names
The upcoming Blue Line, set to open in 2029, will add 14 stations to the network, bringing the total to 67 metro stations. It will feature 9 elevated stations and 5 underground stations, with a total length of 30 kilometres. The first station was named Emaar Properties.
Yahoo
2 days ago
- Business
- Yahoo
Equinix Stock Leads S&P Decliners as Investors Digest Growth Targets
Equinix shares sank for a second straight session as investors reacted to the company's new long-term targets. The firm said at its annual analyst day that it expects 7% to 10% revenue growth through 2029 as it increases its data center capacity to meet growing demand. UBS analysts said the targets were in line with estimates over the long-term, but "point to a near-term slowdown" in profit growth as it invests more to drive (EQIX) shares slumped for a second day Thursday, posting the biggest intraday decline among S&P 500 companies the data center company laid out its growth targets for the next several years. At its annual analyst day Wednesday, Equinix said it expects revenue to grow by 7% to 10% annually through 2029. Its adjusted earnings before interest, taxes, depreciation, and amortization margin is projected to hit at least 52% by 2029, while adjusted funds from operations are expected to grow from 5% to 9% through 2029, starting at the lower end and eventually reaching the higher end of the range. Those targets are forecast as Equinix looks to double the capacity across its data center network by the end of 2029, the company said in a presentation. UBS analysts said the targets were "largely in line with expectations on a longer term basis but point to a near-term slowdown in per share growth as investments to accelerate top-line growth ramp." Equinix shares were down 10% in recent trading after a 9% drop Wednesday, putting them down more than 20% since the start of the year. UBS analysts held their $1,035 price target and "buy" rating, adding that they "believe industry fundamentals and secular trends remain supportive but updated financial targets point to a near-term estimate reset and more meaningful acceleration in growth to '27." Read the original article on Investopedia Sign in to access your portfolio
Al Bawaba
3 days ago
- Business
- Al Bawaba
ManageEngine Launches MSP Central: A Platform Built for Strengthening Modern MSP Infrastructure
ManageEngine, a division of Zoho Corporation and a leading provider of enterprise IT management solutions, today announced the launch of MSP Central—a unified platform designed to help MSPs streamline service delivery, device management, threat protection, and infrastructure monitoring from a single focuses on addressing specific operational models and business challenges of MSPs, developing tools that support multi-client environments, technician efficiency, and service scalability. MSP Central brings together these capabilities into a unified platform tailored to how MSPs deliver and manage IT services the Evolving Needs of MSPsWith the global managed services market projected to reach $511 billion by 2029, MSPs are facing mounting pressure to scale operations without compromising service quality so as to offer a strategic value to customers and differentiate from the competition.'We had technicians switching between multiple consoles just to resolve a single client incident—a real drag on time and ticket volume,' said Edgar Martínez, business manager at EvolutionIT, an early adopter of MSP Central. "We were looking for a tool that could bring together everything our team needs without adding complexity or locking us into a rigid stack."MSP Central directly addresses this fragmentation by offering a unified platform to manage day-to-day operations across clients—from technician workflows and asset visibility to endpoint protection and network health monitoring. Its modular, cloud-native architecture supports native multi-tenancy, fine-grained role-based access control, and seamless integrations with both Zoho apps and third-party tools. This gives MSPs the flexibility to adopt only the modules they need and expand at their own Designed to Support MSP Operations'With MSP Central, we're bringing together the best of ManageEngine's proven IT management and security capabilities in a platform designed from the ground up for MSPs,' said Mathivanan Venkatachalam, vice president at ManageEngine. 'While each of these modules stands strong on its own, together they form a truly unified platform—delivering a single, connected experience for service providers. This approach lets MSPs consolidate their operations, eliminate tool sprawl, and enable their teams to work more efficiently and effectively—all from a unified console." The platform includes the following capabilities:● Modular architecture: Adopt only the components required—no bundling or mandatory licensing.● Remote monitoring and management (RMM): Manage devices across clients with patching, asset visibility, and proactive remediation in a multi-tenant setup.● Professional services automation (PSA): Integrate ticketing, contract management, SLAs, time tracking, and billing in a unified workflow.● Advanced server monitoring: Monitor infrastructure across Windows, Linux, databases, and virtual systems with automated alerts and deep metrics.● Endpoint security: Provide comprehensive protection against evolving cyberthreats with vulnerability management, device and application control, anti-ransomware, and browser security.● AI-powered automation: Accelerate workflows with ticket summarization, sentiment detection, alert correlation, and predictive thresholds.● Third-party integrations: Connect seamlessly with over 20 tools across IT, security and business ecosystems via open APIs and pre-built connectors. ● Marketplace ready: Built for integration into cloud marketplaces and partner ecosystems. Looking AheadMSP Central marks the foundation of ManageEngine's long-term MSP platform strategy, which supports the full spectrum of managed services. Future enhancements will focus on expanding into adjacent domains like SIEM, privileged access management, and advanced analytics, helping MSPs and MSSPs manage security and compliance alongside operations. The platform will also evolve to support deeper integrations with business applications and partner ecosystems, empowering providers to streamline service delivery end to end. 'Our goal is to give MSPs a platform that adapts to their growth, supports their preferred tools, and eliminates the friction of fragmented systems. We're starting with RMM, PSA, and advanced server monitoring, but this is just the beginning. Our vision is to bring all of ManageEngine's standalone MSP tools together under this platform, delivering depth, flexibility, and scalability that helps providers grow alongside their clients' needs. MSP Central is designed to support MSPs for the long haul,' added Venkatachalam. © 2000 - 2025 Al Bawaba (
