Category: financial
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Asda faces financial challenges as £900m Walmart repayment looms
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Concerns are growing about Asda’s financial stability, with the UK supermarket giant facing a £900m repayment to its former owner, Walmart, by 2028. The repayment, which includes £500m for the remaining stake in Walmart and £400m in interest, has prompted credit rating agency Fitch to warn of a possible overhaul…
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Debanked: The Financial Suppression of Bitcoin Businesses Must End
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We cannot live in a world where someone creates a company that is completely legal, and then they are literally sanctioned () and banned by the US government through (a process) that is completely unaccountable by the way. There are no legal procedures. None of this is scripted. There are…
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Debanked: The Financial Suppression of Bitcoin Businesses Must End
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We cannot live in a world where someone creates a company that is completely legal, and then they are literally sanctioned () and banned by the US government through (a process) that is completely unaccountable by the way. There are no legal procedures. None of this is scripted. There are…
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Bank of England warns of growing financial risks from trade war
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The Bank of England has warned that escalating trade wars, geopolitical instability and rising global debt levels are amplifying risks to the UK’s financial system. Officials cited the country’s vulnerability due to its “open economy and large financial sector,” according to the World Bank’s latest financial stability report. Andrew Bailey,…
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Exploring The 27% Plummet And Key Financial Metrics
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This article is also available in Spanish. A recent report from research firm Messari provided an overview of the performance of the NEAR Protocol (NEAR) during the tumultuous third quarter (Q3) of 2024, when the broader cryptocurrency market experienced significant volatility. Close to Q3 protocol performance Throughout the second quarter…
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Vancouver Mayor Pushes Bitcoin As Reserve Asset In Bold Financial Plan
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Vancouver is the latest city to join discussions about adding Bitcoin to the government’s financial reserves. At the Nov. 26 City Council meeting, Mayor Ken Sim filed notice of motion, where he plans to present his proposal Proposed Bitcoin Bill On December 11th. The city’s proposal is titled “Preserving the…
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Vancouver Mayor Pushes Bitcoin As Reserve Asset In Bold Financial Plan
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Vancouver is the latest city to join discussions about adding Bitcoin to the government’s financial reserves. At the Nov. 26 City Council meeting, Mayor Ken Sim filed notice of motion, where he plans to present his proposal Proposed Bitcoin Bill On December 11th. The city’s proposal is titled “Preserving the…
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Trump’s World Liberty Financial gets $30 million from Justin Sun
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Justin Sun, the controversial Chinese cryptocurrency entrepreneur, has invested $30 million in President-elect Donald Trump’s World Liberty Financial, making him the largest investor in the decentralized finance project. “The US is becoming a blockchain hub, and Bitcoin owes it to a real Donald Trump!”, Sun, founder of cryptocurrency company Tron,…
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WestBond reports Financial Results for the Quarter ended September 30, 2024
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Article content DELTA, British Columbia, Nov. 21, 2024 (GLOBE NEWSWIRE) — WestBond Enterprises Corporation (TSX-V: WBE) is pleased to announce that the company continues to increase its quarterly dividend. Net profit for the quarter ended September 30, 2024 increased 465% to $71,060 compared to a profit of $12,566 for the…
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WestBond reports Financial Results for the Quarter ended September 30, 2024
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Article content DELTA, British Columbia, Nov. 21, 2024 (GLOBE NEWSWIRE) — WestBond Enterprises Corporation (TSX-V: WBE) is pleased to announce that the company continues to increase its quarterly dividend. Net profit for the quarter ended September 30, 2024 increased 465% to $71,060 compared to a profit of $12,566 for the…
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Intermap Announces Dates for Q3 2024 Financial Results and Webinar
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Article content DENVER, Nov. 08, 2024 (GLOBE NEWSWIRE) — Intermap Technologies (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the “Company”), a global leader in 3D geospatial products and intelligence solutions, announced today that it plans to… Release of financial results for the third quarter of 2024 after market close on Thursday,…
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Calfrac Reports Third Quarter 2024 Results with Record Financial Performance in Argentina
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Nov 06, 2024 • 24 minute…
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Calfrac Reports Third Quarter 2024 Results with Record Financial Performance in Argentina
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Nov 06, 2024 • 24 minute…
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International Petroleum Corporation Announces Third Quarter 2024 Financial and Operational Results
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Nov 05, 2024 • 22 minute…
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Mastermind loses Sh517m tax fight, financial woes up
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Troubled Mastermind Tobacco (K) Ltd, currently under administration by I&M Bank over undisclosed debts, has lost a bid to quash a Sh517.75 million tax claim by the Kenya Revenue Authority (KRA) over an export cigarette consignment suspected of being smuggled. Dumped in Kenya. High Court Judge Alfred Mabia said the…
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Financial Planning for Small Businesses: Avoiding Common Mistakes
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Running a small business is both rewarding and exciting; It can also be very challenging on many levels. It is important that its finances are closely monitored. What are some of the most common mistakes to avoid when creating a small business financial plan? Common mistakes to avoid when creating…
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Financial Planning for Small Businesses: Avoiding Common Mistakes
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Running a small business is both rewarding and exciting; It can also be very challenging on many levels. It is important that its finances are closely monitored. What are some of the most common mistakes to avoid when creating a small business financial plan? Common mistakes to avoid when creating…
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A Spoonful of Bitcoin: How Mary Poppins Awakens Us to Financial Sovereignty
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Follow Mark on X. In the heart of London, amid the smog and booming industrial age, a story is unfolding that is as relevant today as it was more than half a century ago. Mary Poppins, a tale woven with magic, whimsy, and a touch of the surreal, unexpectedly serves…
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US Financial 15 Split Corp. Preferred Dividend Declared
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Article content TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — US Financial 15 Split Corp. (“US Financial 15”) declares a monthly dividend of $0.05883 per preferred share, or 10.00% per annum based on the net asset value at the end of the previous month. Distributions are payable on November 8, 2024…
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KCB to offer financial services to Dutch firms
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KCB Group has signed a deal to provide diversified financial services to Dutch companies entering the Kenyan market in a major boost for the country’s largest bank. On Wednesday, KCB Group signed a memorandum of understanding with Dutch company Invest International to establish the Dutch office. “The new platform will…