JSW Steel has achieved a remarkable feat by becoming the world's most valuable steel company, leaving behind industry giants like ArcelorMittal and Nucor Corp. This significant milestone is a testament to the company's unwavering commitment to growth, driven by its aggressive expansion strategy, robust execution capabilities, and unwavering focus on operational excellence.
The Bulgarian government has taken a neutral stance in the ongoing scandal surrounding the Bulgarian European Prosecutor, Teodora Georgieva. Deputy Prime Minister Atanas Zafirov has expressed confidence in the European Prosecutor's Office to conduct a thorough investigation and reach a decision that will not damage Bulgaria's reputation.
Bulgarian Foreign Minister Georg Georgiev hosted an Iftar dinner for Arab ambassadors, emphasizing the importance of dialogue and cooperation in building a peaceful and prosperous world. He also expressed support for the Arab Plan for the Reconstruction of Gaza and initiatives promoting a two-state solution.
The next 24 hours will bring mostly cloudy skies with scattered showers and thunderstorms, while temperatures will range from lows of 4°C to 9°C and highs of 12°C to 17°C. In the mountains, expect rain and snow above 1700-1800 meters, while the Black Sea coast will see significant cloudiness but almost no precipitation.
Fevertree reported a strong full-year performance, with surging US sales helping to counterbalance a dip in its domestic UK market. The company's solid performance has prompted it to extend its share buyback programme by an additional £29 million, taking the total shareholder return planned for the year to £100 million.