CBN dissolves First Bank board, reinstates Sola Adeduntan as MD
The Central Bank of Nigeria (CBN) has sacked all board members/directors of First Bank Holding and First Bank Nigeria Limite… Read More
Not every Child is Harvard material. That's the message China is sending to its Supercompetitive Tiger Parents, after calling a Stop to After-School Tutoring in July.
China is embracing wh… Read More
In April, ViMedios, a New York-based video service company, successfully secured an initial of $5 million investment capital from Technologies, Inc.
Technologies, Inc. is now the head compa… Read More
On Monday July 11, the Shinnecock Indian Nation and TILT Holdings, a global provider of cannabis business solutions, began construction on Little Beach Harvest, a cannabis wellness center an… Read More
BitMart, a premier global digital asset trading platform, will list LinkDao Network (LKD) on August 10, 2022. For all BitMart users, the LKD/USDT trading pair will be officially available fo… Read More
By Haley YamanIn just a few weeks, a harvest of abundant opportunity presents itself in East Hampton, New York for the growing business world of cannabis and psychedelia. The 5th annual Hamp… Read More
Cookies, the world’s most recognized cannabis brand, opened its first dispensary in the Florida market today, located in the heart of Miami. Rapper Berner, who founded Cookies in 2008… Read More
The Metaverse is the fusion of two concepts that have existed for many years: virtual reality and digital second life.
For decades, technologists have dreamed of an era in which virtual life… Read More
This is Grant Gussman. He watched an old video of mine about how we think that there are two systems of thought. System two is the conscious slow effortful system. And system one is subcons… Read More
The market reached its significant resistance at a 200-day moving average, which impacted our trading last week. We made a few adjustments but mostly stayed away from trading.
I still… Read More
Last week I avoided trading as I was traveling. I was however forced to do a few trades. Why forced? It is typically bad to be forced to do trades and they usually end up in losses. But this… Read More
There are at least a half-dozen cannabis industry groups in Washington, D.C. — but none of them are focused on tribal cannabis markets.The Indigenous Cannabis Industry Association inte… Read More
Last week was a disaster to my net-liq, not necessarily trading results as I was able to bring in some cash trading options and dividend income was great too. Bu the open stock and options p… Read More
As a week ago was a disaster for our trading and investing, it all changed on a dime last week, and we recovered all paper losses. Nevertheless, I was not trading last week. I only adjusted… Read More
At the end of August, Jinan City, Shandong Province, China held the Yellow River Basin Pilot Free Trade Zone Alliance and the High-quality Development Conference of Opening to the Outsi… Read More
Are you wondering how to start investing in blue chip stocks and ETFs? When it comes to investing, the first thing that often comes to people’s minds is real estate, such as rent… Read More
Another bad week for our portfolio. It dropped 12% again last week. But as you will see below, it is just paper losses. I didn’t sell any of my positions and in fact, I bought a few mo… Read More
There are different types of chocolate. Chocolate is a food product made from cocoa beans. It is consumed as candy and used to make drinks, flavour, or coat various desserts and bakery produ… Read More
MJ Unpacked, the cannabis industry’s exclusive consumer packaged goods (CPG) conference, returned triumphantly for its second year in Las Vegas. Exhibitors’ signature glass displ… Read More
Having multiple sources of income is a smart financial move. Not only does it provide a safety net in case one source of income dries up, but it can also lead to greater wealth creation over… Read More
The Czech Republic has always been a fascinating country to visit or even just read about, so it’s no surprise that the intriguing Czech Republic has a flag with an intriguin… Read More
The HSBC subsidiary, HSBC UK Bank, has agreed to purchase the U.K. subsidiary of Silicon Valley Bank for £1 ($1.21). The acquisition will protect the deposits of SVB U.K.'s clients, an… Read More
Silicon Valley Bank had exclusivity clauses with some of its clients, limiting their ability to tap banking services from other institutions, SEC filings show. The contracts, which made it i… Read More
At least 40 percent of Iraq’s population is younger than 15, according to the latest estimates by its Ministry of Planning, based on a 2022 assessment by the Central Statistical O… Read More
Shares of Japanese trading houses rose in Tuesday afternoon trade after Warren Buffett, chairman and CEO of Berkshire Hathaway, said he plans to increase his holdings. In an interview w… Read More
The Reserve Bank of India and the People's Bank of China both made unprecedented investments in gold during March of 2023, amassing nearly 18 tons between them. Their combined purchases have… Read More
Silicon Valley Bank was a financial institution that went bankrupt after VCs withdrew their money due to fears over its financial health. British bank HSBC was the successful bidder for the… Read More
The Eid holiday is approaching. On Eid’s first morning, Muslims perform the Eid prayer while dressing in their new Eid outfits. Then, they celebrate Eid by hanging decorations and givi… Read More
FTX.US last purchased Ledger Holdings, the parent company of LedgerX, for $298 million in October 2021, according to audited financial documents viewed by CoinDesk.
via CoinDesk: Bitcoin, Et… Read More
DBS Group Holdings, Singapore's largest lender, reports record revenue and net profit for the first quarter of this year, due to increased net interest margin. While net interest income is e… Read More
Temu, a fast-growing ecommerce platform, is making inroads into new markets as its parent firm sets up a base in Dublin, joining a raft of tech giants including Meta and Twitter that have op… Read More
Tech giant PDD Holdings, parent of Pinduoduo and Temu, moves headquarters from China to Ireland
The post Tech giant PDD Holdings, parent of Pinduoduo and Temu, moves headquarters from China… Read More
As a sign of their growing economic and geopolitical power, BRICS countries have started to challenge the dominance of the U.S. dollar by turning to gold as an alternative reserve currency… Read More
A broadcast journalist with DAAR Communications Plc, Ms Ijeoma Osamor, testified on Friday at the Presidential Election Petition Court (PEPC), Daily Post reports.
Osamor, who anchors the pro… Read More
Rising mortgage costs and a shrinking number of available products in the UK could damage the economy as borrowers face a "cliff edge", according to financial information firm Moneyfacts. Th… Read More
HSBC Asset Management has warned that the US will enter a recession in Q4 2019, followed by a “year of contraction and a European recession in 2024.” According to the British ban… Read More
Regeneron shares fell by almost 9% after the US Food and Drug Administration (FDA) rejected the company’s proposal for an 8mg dose of its injection, Eylea, for patients with wet age-re… Read More
Singapore's economy grew by 0.7% year-on-year and 0.3% quarter-on-quarter in the second quarter, avoiding a technical recession. This exceeded economists' expectations. The Monetary Authorit… Read More
What is 'Redeem to Physical' When Investing in Gold?When it comes to investing in gold, a lot of lingo gets thrown around. One term you may have heard is "redeem to physical." But what… Read More
The Central Bank of Iraq and the highly anticipated IQD Revalue! If you've been following the news or are involved in currency trading, then you've likely heard whispers of this potential re… Read More
The yen has breached the 145 mark against the dollar, leading HSBC to expect intervention from the Japanese Ministry of Finance in the 145-148 range. If intervention does not occur, HSBC pre… Read More
Former Goldman Sachs economist Lord Jim O'Neill, who gave the BRICS bloc its name, has slammed the idea of the countries ever creating a common currency.Luiz Inácio Lula da Silva, the… Read More
Chinese real estate company Country Garden Holdings will be removed from Hong Kong's Hang Seng Index on September 4th, following the benchmark's quarterly review. The company will be replace… Read More
BUA Cement Plc, a cement manufacturing company, has announced that there will be a reduction in cement prices by January of next year.
The Chairman of BUA Cement, Abdul Samad Rabiu, disclose… Read More
Nigeria electricity has collapsed again, as power generation dropped from a peak of 3,594.60 megawatts (MW) at about 1:00a.m. at midnight to a meagre 42.7MW at the point of writing this repo… Read More
JPMorgan's UK digital bank, Chase UK, has announced that it will block customers from purchasing cryptocurrency assets starting from October 16. The decision is aimed at protecting customers… Read More
Chinese property firm Evergrande's stock soared 20% after trading resumed in Hong Kong, despite the announcement last week that its director and executive chairman, Hui Ka Yan, is under scru… Read More
Venture-capital giant Softbank notched a $15 billion-plus gain on its 2016 deal to buy Arm Holdings when the artificial intelligence-enabling semiconductor firm went public last month. But n… Read More
Chinese property giant Country Garden Holdings has missed a HK$470 million ($60 million) loan repayment and warned that it may not be able to repay all of its creditors. The company has abou… Read More
Asian fintech firm MoneyHero saw its shares fall on its first day of trading on the Nasdaq after completing its merger with special purpose acquisition company Bridgetown Holdings. MoneyHero… Read More
Swiss health care company Roche has agreed to acquire Telavant Holdings for $7.1 billion. Telavant produces drugs for inflammatory and fibrotic diseases and is developing a new therapy for C… Read More
Nigerian billionaire, Mike Adenuga has lost a staggering $300 million.
This is according to a report by Nairametrics.
The report stated that the Chairman of Conoil and the founder of Globaco… Read More
HSBC's after-tax profit for the three months ended September surged over 235% to $6.26 billion compared to the same period last year. The increase was mainly due to a higher interest rate en… Read More
Korea Investment Partners Southeast Asia (KIPSEA) has launched a $60 million fund to invest in Southeast Asian startups. The fund will focus on seed to Series B startups, with a particular i… Read More
Polestar, the Swedish EV company owned by China's Geely Holdings, showcased its vision for the future at the inaugural Polestar Day event in Los Angeles. The event highlighted new technologi… Read More
A big appliance company now files an unexpected bankruptcy after racking up a whopping $832 million in debt, sources report.
Appliance component manufacturer Robertshaw U.S. Holdings fil… Read More
This massive entertainment company is now laying off 900 workers, or 8% of the units global employees, sources report.
Sony on Tuesday said it will lay off about 900 employees in its Pla… Read More
This massive department store will now close 150 stores for good as the company battles with plunging sales, sources report.
Macy’s has announced that 150 stores are set to close o… Read More
A massive logistics company now files for bankruptcy in California as it plans to liquidate after listing up to $10 million in liabilities.
Freight forwarder company Boateng Logistics has… Read More