A Chinese entrepreneur who struck deals with some of the country’s most powerful officials and their families has briefly surfaced after a four-year disappearance, according to her ex-husband and former business partner. Duan Weihong’s business dealings with Zhang Beili, wife of former premier Wen Jiabao, is the subject of a new book by Desmond Shum,
Month: September 2021
When stand-up comic and presenter Joe Lycett recently stormed off the set of a daytime TV show, his social media followers thought he had lost his sense of humour. In fact, his apparent strop with presenter Steph McGovern was a publicity stunt designed to alert the public to the difficulties of recycling white PET plastics.
Global specialty minerals company ICL, formerly known as Israel Chemicals Ltd., (ICL) recently announced that it has secured a sustainability linked loan worth €250 million. The term of the loan is for five years with a fixed annual interest rate of 0.8%. Following the news, shares of the company declined marginally to close at $7.13
Sharing is Caring! by PieChartPirate Obesity is one of leading risk factors of premature death according to the WHO. This figure shows the obesity rate for the G20 countries from 1975 to 2016. Obesity is defined as everyone with a BMI (Body mass index) of above 30. This figure shows that there is a steady increase
Avanti Bank and Trust CEO Caitlin Long has posted a rebuttal to a recent New York Times article claiming that crypto and decentralized finance is “disrupting the banking industry” so fast regulators can’t keep up. Disrupting traditional finance is exactly what crypto and DeFi aspires to do, but the piece titled “Crypto’s Rapid Move Into
Bitcoin will become legal tender in El Salvador on Tuesday, Sept. 7. The Salvadoran government has started buying bitcoin ahead of the law taking effect. The first 200 coins have been purchased and “a lot more” are coming, said President Nayib Bukele. El Salvador Begins Mass Buying Bitcoin Ahead of Bitcoin Becoming Legal Tender El
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) -On the weekly chart, it seems easy to see why gold is stuck in a strong consolidation zone. It is best
The precious metals sector is setting up for an eventual big reversal. It may have started today now that the employment report has… by Dave Kranzler of Investment Research Dynamics The chart above shows the gold/HUI ratio going back to 2001. I would have used GDX but I wanted to take the graph back to
It’s not that television advertising is nearing extinction, but the TV ad business model is in a time of major transition. Yes, we all still gather around to watch ads during the Super Bowl, but things have definitely changed since the advertising heyday portrayed in the show “Mad Men,” when one TV ad could change the
Merrick Garland, the US attorney-general, has vowed to crack down on attacks against reproductive health clinics across the country after Texas imposed draconian curbs on abortion in a controversial state law that the Supreme Court refused to block. “The [justice] department will provide support from federal law enforcement when an abortion clinic or reproductive health
Germany has accused Russia of launching a spate of cyber attacks on politicians amid suspicions that Moscow is interfering in this month’s election to decide who succeeds Angela Merkel as chancellor. The country’s foreign ministry said it held Russia responsible for illegally targeting a number of national and regional politicians with “phishing” emails to gain
Visa Inc. (V) stock has fallen under some considerable pressure of late, amid the continued rise of the Buy Now, Pay Later (BNPL) trend. BNPL firms such as Affirm Holdings (AFRM) could take a bite out of the volume of credit card fees charged over the coming years, even as consumer debt levels look to
Sharing is Caring! Via The College Fix ANALYSIS: If the goal is to prevent infection, the 95 percent vaccination rate on Cornell’s campus has not accomplished that Cornell University has aggressively pushed its students to get vaccinated, announcing a vaccine mandate for the 2021-22 academic year in April and frequently denying religious and medical exemptions. As a result,
The wider cryptocurrency market is showing signs of strength on Sept. 6 as Bitcoin (BTC) bulls battle for control at the $51,500 level. Altcoins have benefited from Bitcoin’s strong showing, with many seeing gains in excess of 20%, and the Altseason Indicator from Cointelegraph Markets Pro continues to signal that market conditions are tilted toward
Bitcoin surpassed the $52K handle on Monday morning, as crypto-asset markets have been moving northbound and gathering more fiat value. The overall crypto economy is around $2.45 trillion and it has gained 3.5% during the last 24 hours. Meanwhile, bitcoin charts show a pending golden crossover which to many means the overall market outlook looks
Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Monday, Sep 06, 2021 Indian spot gold rate and silver price on Monday, Sep 06, 2021 Gold Price and Silver Price Today. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates
Silver prices are up, but will silver outperform gold this year? Despite its dismal performance, silver remains the precious metals to watch. It could… by David Morgan of The Morgan Report Silver prices are up, but will silver outperform gold this year? Despite its dismal performance, silver remains the precious metals to watch. It could
Management Fees vs. Management Expense Ratio: An Overview Mutual funds are a great way to invest in the stock and bond markets without incurring specific stock risk. A team of investment professionals manage these funds and can provide a way to participate in the market in a diversified manner. Selecting a mutual fund requires carefully considering the
Chinese state-owned funds are piling into a fast-growing rival to Didi Chuxing, taking advantage of regulatory pressure on the country’s largest ride-hailing app. Cao Cao Mobility announced on Monday that it raised Rmb3.8bn ($588m) from a group of state-owned funds based in the eastern city of Suzhou, to accelerate its expansion and improve driver safety.
UK regulators should be given more powers to protect consumers from dubious crypto investments being promoted online, the Financial Conduct Authority’s chair has said, as he acknowledged that a full rule book for digital assets would take some time to deliver. Charles Randell, the FCA chair, said it would take “a great deal of careful
Morgan Stanley analyst Charlie Webb maintained a Buy rating on Linde (LIN – Research Report) today. The company’s shares closed last Friday at $313.43, close to its 52-week high of $316.29. According to TipRanks.com, Webb is ranked #1282 out of 7641 analysts. Linde has an analyst consensus of Strong Buy, with a price target consensus
Sharing is Caring! by Michael Snyder If you live near a major U.S. city, you don’t have to go to a movie theater to see a horror show. Instead, just find out where fentanyl-laced heroin is being sold and go hang out with the drug addicts for a few hours. If you survive the encounter,
The United States National Football League (NFL) has reportedly barred all teams and members from crypto-related sponsorships and advertisements, as well as nonfungible token (NFT) sales. According to a report by The Athletic, the NFL has restricted the sale of sponsorships to cryptocurrency trading firms and NFTs until the league establishes a strategy “for sports
A meetup in a vehicle warehouse in Houston served as an encounter point for oil producers and bitcoin miners to talk about possible on-site crypto mining opportunities last week. More than 200 investors attended the meeting to talk about an alliance, that would allow oil producers to make more efficient management of their resources and
Silver stays on the front foot after the strongest daily upside in four months. Firmer RSI, sustained break of three-month-old trend line favor buyers. July low adds to the downside filters, key SMA confluence offers a tough nut to crack to the bulls. Silver (XAG/USD) stays on the front foot, up 0.30% intraday around $24.80
No nation can produce less of lesser quality, and squander more on infinitely greedy and corrupt elites, all funded by issuing trillions of… by Charles Hugh Smith via Of Two Minds No nation can produce less of lesser quality, and squander more on infinitely greedy and corrupt elites, all funded by issuing trillions of new
Are Private Companies’ Financials Public? In short, not in the United States. While many may speculate about the business revenue or look for financial statements of private companies, typically they will find this to be difficult. As the name implies, a private company is not required to disclose financial information to the public. Privately-owned companies include
Drivers in Lagos last week were paying N162 ($0.40) per litre of petrol, among the lowest rates in Africa — beneficiaries of a fuel subsidy that costs the continent’s biggest crude producer billions of dollars a year. It was a reminder that while Nigerian president Muhammadu Buhari signed a big oil industry reform act last
Labour supply problems affecting UK industries from construction and manufacturing to retail and hospitality could last for up to two years, the country’s largest employers’ group has warned. The CBI said that its members forecast that the worker shortages would not be helped by the end of the government’s job retention scheme this month, and
ARK Innovation ETF (ARKK) is an actively managed Exchange Traded Fund launched by ARK Invest. The vehicle aims to invest in scalable and innovative public companies around the globe. I am bullish on the ETF. Attracting a New Type of Investor It’s safe to say that the ARK hype has cooled down a tad, and
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