Category: News
-
Digital lender to pay man Sh250,000 for wrong listing as loan guarantor
•
Digital lender, Azura Credit Limited, has been ordered to pay Sh250,000 to a man who harassed him over a loan he allegedly guaranteed on behalf of a borrower. A loan guarantor is a third party that agrees to repay the loan if the borrower defaults. In a new ruling, the…
-
Next CEO sells £29m stake as capital gains tax reforms loom under Reeves
•
Next chief executive Lord Wolfson has sold a £29m stake in the retail giant ahead of potential changes to the capital gains tax (CGT) regime, expected in Chancellor Rachel Reeves’ first Budget next month. New filings reveal that the conservative peer offloaded 290,000 shares between Friday and Tuesday, valuing its…
-
Two more groups mull bidding for Isracard
•
Buying battle Isracard (TASE: ISCD) has moved higher. after Menorah Mivtashem Holdings Ltd (level: Smoothed) renewed its bid earlier this month to buy control of the credit card company, after which WeSure Global Tech (TASE: WESR), which owns insurance company Ayalon, entered the race, and there are now two other…
-
Bluejay Diagnostics stock hits 52-week low at $0.13 By Investing.com
•
In a challenging year for Bluejay Diagnostics Inc., the company’s stock fell to a 52-week low, trading at just $0.13. This significant decline reflects a stunning one-year change, with the stock eroding in value by -99.62%. Investors have watched with concern as Bluejay Diagnostics, a company once buoyed by optimism…
-
US Stock Futures Post Modest Gains After PCE Data: Markets Wrap
•
(Bloomberg) — U.S. futures rose slightly after long-awaited economic data highlighted a slowing economy and boosted bets on further interest rate cuts by the Federal Reserve. Most read from Bloomberg Contracts on the S&P 500 rose 0.1% after the underlying index reached its 42nd highest closing level this year. The…
-
Trump Media co-founders just dumped almost all of their stock
•
Two of the original founders of Donald Trump’s Truth Social platform have divested their shares amid an ongoing dispute with the former president. According to regulatory disclosure published By Trump Media & Technology Group (TMTG) On Thursday, an investment vehicle controlled by Andrew Letinsky and Wesley Moss liquidated the bulk…
-
UN Pact of the Future will reboot a limping global climate agenda
•
The just-concluded UN summit listed climate change as a key area requiring special attention. Indeed, the UN needs to reboot participatory leadership on global climate and the focus clearly lost in the wake of the energy crisis caused by the Russian invasion of Ukraine in February 2022. Specifically, the UN…
-
Quorn parent company suffers £63m loss as demand for plant-based products falls
•
Marlowe Foods, the parent company of plant-based brand Quorn, has announced a loss of £63m as demand for meat alternatives continues to decline. Sales fell by 6.9% to £205 million in the last financial year, prompting the company to cut nearly 100 jobs as part of a restructuring programme. Quorn…
-
What are the ins and outs of using a whole life policy to cover tax liability?
•
This section is foot This section was produced by the editorial department. The Customer is not given the opportunity to place restrictions on or review the Content prior to publication. by BMO Global Asset Management Breadcrumb links Personal finance Woman, 62, in estate planning situation needs to ask herself if…
-
Teva settles opioid suits in Israel
•
The opioid case involving the Israeli drug maker Teva Pharmaceutical Industries Limited (New York Stock Exchange: Tifa; level: Tifa) has been implicated and has now been settled in Israel. The Economic Court in Tel Aviv approved the claims against Teva Israel in this matter, and among other rulings decided that…
-
Poland reports two more deaths in central Europe floods By Reuters
•
WARSAW (Reuters) – Polish police said that the death toll from massive floods in southwestern Poland this month had risen to nine, and two more bodies were found during the clean-up operation. At least 26 people died across central Europe in the worst floods to hit the region in at…
-
‘Big Short’ investor Michael Burry bet half of his portfolio on Chinese stocks. It’s finally starting to pay off.
•
Popular “big short” investor Michael Burry is cashing in on the recent rally in Chinese stocks. Burry’s Scion Asset Management invests nearly half of its portfolio in Chinese technology giants such as Alibaba. China’s recent stimulus measures, including interest rate cuts, led to higher stock gains. the Chinese stocks rise…
-
U.K. Gen Zers set to finally see salary ranges for job listings
•
Thousands of Gen Z workers in the UK are likely browsing through job applications as we write, dissatisfied with the lack of transparency over pay in their current jobs, and with the ambiguity surrounding potential new employers. But all that may be about to change. Nearly half of UK employers…
-
Intel rejects Arm’s approach for product division, Bloomberg News reports By Reuters
•
(Reuters) – Arm Holdings approached Intel (NASDAQ:) about potentially acquiring the company’s products division but was told the business was not for sale, Bloomberg News reported on Thursday. The British chip company has not expressed interest in Intel’s manufacturing operations, the report added, citing a person familiar with the matter.…
-
Emirati links in health system, JKIA
•
A little-known government agency, the Digital Health Agency, made an announcement last week Sunday Nation To introduce a new animal named – National Health Information Exchange. All healthcare providers in the public and private sectors have been asked to start building applications to enable them to communicate and exchange information.…
-
HMRC urged to standardise gift tax rules across all industries, including politicians
•
HMRC must implement uniform gift tax regulations to ensure they apply equally to all taxpayers, including politicians, according to tax and advisory firm Blick Rothenberg. Robert Salter, the company’s director, called for greater clarity and consistency in taxing gifts, noting that while media figures and social influencers are taxed on…
-
Paramount Gold Nevada Provides Details of Its Upcoming AGM
•
Article content Winnemucca, Nevada, Sept. 26, 2024 (GLOBE NEWSWIRE) — Paramount Gold Nevada Corp. is pleased to… (NYSE American: PZG) (“Paramount” or the “Company”) announces that its Annual General Meeting (“AGM” or the “Meeting”) of shareholders will be held on December 12, 2024 at 11:00 a.m. Eastern standard. The meeting…
-
Major insider slashes nearly all of its stake in Trump’s media firm By Reuters
•
(Reuters) – One of the largest shareholders in former US President Donald Trump’s media company has almost canceled his stake after sale restrictions recently expired. United Atlantic Ventures, run by Trump Media co-founder Andrew Letinsky, who appeared on Trump’s reality TV show “The Apprentice,” has reduced its 5.5% stake in…
-
Super Micro Plunges as Prosecutor Reviews Accounting Claims
•
(Bloomberg) — Super Micro Computer Inc. fell. The most in a month following a report that the US Justice Department was looking into a former employee’s claims that the server maker violated accounting rules, a few years after settling a bookkeeping case with the top financial regulator. Most read from…