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Joe Biden says Russia’s stock market will ‘explode’ when it reopens

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President Biden has said he expects Russia’s stock market to explode the second it reopens in response to the crippling sanctions that were imposed on the country in response to its invasion of Ukraine.

“Do you know what the value of a ruble is compared to a dollar? You need 200 rubles to equal $1 today. 200,” Biden boasted at a House Democrats conference in Philadelphia on Friday. “All of our sanctions and economic controls are crushing, crushing the Russian economy,”


get latest updates in the Russian-Ukrainian conflict with the Post’s live coverage.


“[The] The Moscow Stock Exchange is closed for a simple reason. Why is it closed? Because for the last two weeks because as soon as it opens it will be dissolved. Hear me? It will explode. Credit rating agencies downgraded the Russian government to junk status. Unwanted status,” he added.

President Biden also defended his decision not to impose a no-fly zone in Ukraine.
AP Photo/Patrick Semansky
russian bank
President Biden pointed out that the Russian ruble had fallen.
Konstantin Zavrazhin/Getty Images
Ukrainian War Map
A map of the Russian invasion of Ukraine on March 12, 2022.

In his remarks, the president also defended his position of not opening a no-fly zone over Ukrainian airspace, warning that such a move “would be World War III”.

Ahead of Spring Break, Tourism Department Shares List of Real New Mexico Experiences

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“We wanted it to be an oasis, a kind of calm, if you’ve had a rough day you can come in and relax and have your chocolate,” said Steve Prickett, founder of Eldora Chocolate.

Eldora Chocolate is a true New Mexico cocoa experience in the North Valley.

“We make a lot of our bars with local products. For example, our Lemon Lavender, a real bar from New Mexico. We use los poblanos lavender,” Prickett said.

The company is one of 80 on the New Mexico True website under a new tab listing certified experiences.

“From farms, to wineries, to breweries, and you know, chocolate makers and all kinds of businesses that wanted to do more for people than just provide a product,” said Cody Johnson, director of communications for the department. tourism in New Mexico.

At Eldoras, KOB 4 had that experience from the moment we walked in – watching the chocolate turn into ready-to-eat treats.

“We had a group of about 12 people from Dallas and we kind of set up a little tour for them there and they came specifically because they saw it on New Mexico True,” said said Prickett.

Johnson says New Mexico True released the listing in anticipation of spring break — a way to bring those tourist dollars to New Mexico businesses that embody the spirit of the state.

“We’ve pretty much gotten to the point, we’re not really talking about, you know, recovering from a big hole, to speak of, but we’re at a point where we’ve kind of reached that base of pre levels. -pandemics and we can really start talking about growth again, which is very exciting for us,” Johnson said.

LBank Exchange will list Golfrochain (GOLF) on March 14, 2022

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INTERNET CITY, DUBAI, March 11, 2022, ZEXPRWIRE, LBank Exchange, a global digital asset trading platform, will list Golfrochain (GOLF) on March 14, 2022. For all LBank Exchange users, the GOLF/USDT trading pair will be officially available for trading at 4:00 p.m. (UTC+8 ) on March 14, 2022.

The golf industry has seen remarkable growth over the past decade, but issues such as overstated booking fees, difficulties in adapting lessons, and manipulation of game data are hampering its development. To provide solutions, Golfnext (GOLF) is building a nationwide integrated golf course booking and payment system based on blockchain technology, and offers a variety of crypto-enabled applications and platforms that focus on the golf ecosystem. Its native GOLF token will be listed on LBank Exchange at 4:00 p.m. (UTC+8) on March 14, 2022, to further expand its global reach and help achieve its vision.

Golfrochain Overview

Golfrochain is a blockchain-based golf ecosystem established by In-Sik Choi, a former KPGA pro, along with golf industry experts. It is a project that aims to take the golf industry to the next level by using blockchain technology to integrate the golf market into its ecosystem, so that it can offer convenience, transparency and absolute security to common users.

GOLPASS is an application created by Golfrochain, it uses cryptocurrencies created on the basis of the blockchain as a method of payment, all information will be recorded on the blockchain, creating a transparent golf ecosystem that cannot be tampered with or modified. The platform supports overseas golf travel and training, professional golf lesson matching service, golf course protocol and pick-up service, golf items shopping mall , golf advertising promotion, golf course member stock investment, etc.

In addition to GOLPASS, Golfrochain also offers a personal wallet service called G-Wallet and a payment system called G-PAY. With these features, all rewards and transaction activities that occur within the Golfrochain ecosystem can be easily accomplished. There is also a cutting-edge AI device called G-Swing adapted in the Golfrochain ecosystem, it performs instant and accurate swing analysis on club movement, launch, ball flight, etc.

Golfrochain is designed to provide a quick and fast market entry environment for golf operators and users by encouraging users to activate the ecosystem through various benefits and rewards, such as in GOLPASS, users receive a GOLF token in return of data sharing, and the Golfrochain golf mining system will pay users rewards for each round played at affiliated golf courses. Golfrochain will provide a fair and equal profit system for all users with blockchain to replace the current corrupt environment of the golf industry, where the market and the rewards all depend on the decision makers.

About GOLF Token

GOLF is an ERC-20 based token that supports the Golfrochain ecosystem including GOLPASS, G-Wallet, G-PAY, G-Swing and more. The total supply of GOLF is 1 billion (or 1,000,000,000) tokens. 10% of it is for token sale, an additional 10% is allocated to the foundation, an additional 10% is allocated to the team, an additional 10% is allocated to the partner, an additional 10% is allocated to the ecosystem , 20% will be used for marketing, another 20% is provided for the reward, and the remaining 10% will be used for research and development.

GOLF will be listed on LBank Exchange at 4:00 p.m. (UTC+8) on March 14, 2022, investors interested in Golfrochain investment can easily buy and sell GOLF on LBank Exchange by then. GOLF’s listing on LBank Exchange will undoubtedly help it further expand its business and attract more attention in the market.

Learn more about the GOLF token:

Official site: https://en.golfro.io

Telegram: https://t.me/golfro

Twitter: https://twitter.com/golfprochain

About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange offers its users secure crypto trading, specialized financial derivatives and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users in over 210 regions around the world.

Start trading now: lbank.info

Community and social media:

I Telegram

I Twitter

I Facebook

I LinkedIn

Contact details:

LBK Blockchain Co. Limited

LBank Scholarship

[email protected]

PR contact:

ZEXPRWIRE

[email protected]

The post office LBank Exchange will list Golfrochain (GOLF) on March 14, 2022 appeared first on Zex PR wire.

IFC and Colombo Stock Exchange ring the bell for gender equality in Sri Lanka – The Island

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Greg Jacobson, a leading and world-renowned business trainer, has inspired business leaders on how to create better mindsets, positively transform businesses, and turn customers into loyal customers for life by building meaningful relationships at an exclusive Colombo event.

“It’s not just about selling a product or services, but about striving to make customers feel heard, cared for and important.” Jacobson said while addressing the audience. He explained that the basis of successful relationships is mutual trust, mutual respect, shared values ​​and common interests.

Greg Jacobson is the world’s foremost quality of life strategist. This is achieved by focusing on emotional fitness and building meaningful relationships. He was personally mentored by Jack Canfield, Les Brown, Brian Tracy, Keith Cunningham, Jay Abraham, Tony Robbins and many more. With years of experience as a mentor, consultant, and speaker, Greg has taught hundreds of high-performing organizations and individuals to become better team players and achieve their goals faster.

He has been featured on Fox Business, CNN, Bloomberg Business and a myriad of other top news programs for his ability to deliver outstanding results for dozens of industries and several hundred clients, including commercial giants. worldwide such as Marriott International, Sotheby’s, Andaz, the Ritz-Carlton and Amazon.

Business leaders have had the opportunity to learn how to create a culture where not just customers, but everyone from frontline workers to senior executives feel totally cared for and special. “Front line employees are the first point of contact with your customers, if you don’t treat them well they can very easily turn your customers off. Always look for opportunities to support people and not knock them down,” he said.

He emphasized the importance of empowering employees while focusing on building customer loyalty, not just top-down, but bottom-up.

Jacobson also shared tips on how to consistently receive nothing less than stellar 5-star reviews from every customer, practices for immediately boosting morale, and proven strategies and systems of action that will dramatically increase results for any business.

“Listening carefully means, I intend to take what you have said and act on it. This does not necessarily mean being a problem solver, but a solution provider. Also, listening carefully helps to provide a highly personalized service, specific to each client,” he said, these are important elements of providing exceptional service. “Start by changing the way you think. Everything we do is based on what we believe and what we feel. Therefore, it is important to train our brain to work for us and be comfortable with discomfort, rather than being controlled by automatic thought,” he said.

The program was organized by Success Zante (Pvt) Ltd, a leading organizer of training and self-development events offering career, personality and leadership training by renowned trainers and speakers world such as Tony Robbins, Rajiv Talreja, Robert Kiyosaki, T. Harv Eker, Nas Daily, John De Martini, Indika Ramachandra and of course Greg Jacobson, and many more who are some of the best available anywhere.

“Greg Jacobson is a happiness and quality of life strategist.” Said Shuvo Hridayesh, CEO of Success Zante. “We believe in making a positive impact through world-class teachings and are proud to provide opportunities where Sri Lanka can experience a global mentor such as Greg Jacobson, the international bestselling author of the book ‘Think Yourself Happy’.

“The feedback received was spectacular and everyone who participated received immediately actionable skills and extremely useful information on how to create opportunities for memorable and meaningful experiences that help develop deeper relationships with their customers as well as ‘with their team,” Hridayesh said.

Success Zante is set to repeat the program hosted by Greg Jacobson on March 30, 2022 at the Jaic Hilton, due to popular demand. It’s also a great opportunity for anyone who missed the original program and wants to learn the “Secrets to Creating an Exceptional Customer Experience”.

A new approach to PCB recycling

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Institute of Circuit Technology: A New Approach to PCB Recycling

A two-year project funded by an Innovate UK SMART grant aims to reduce the impact of e-waste by using naturally occurring, biodegradable and non-toxic products. Attendees of the Institute of Circuit Technology’s annual meeting webinar on March 2 learned more about the project, as well as the legal paperwork requirements under the UK’s REACH regulations.

Following the formal proceedings, ICT President Emma Hudson presented and moderated this technical webinar, which provided a final update on the progress of the ReCollect project and discussed the legislative implications of the UK REACH regulations.

Emma_Hudson.jpg

ReCollect (Efficient Manufacturing of Recyclable Composite Laminates for Electrical Goods) was a 30-month project funded by the Innovate UK SMART Grant program and led by Jiva Materials, in partnership with Coventive Composites. The ReCollect project aims to reduce the impact of the e-waste stream by using naturally occurring, biodegradable and non-toxic products.

Proposed as an alternative way to manage end-of-life circuit boards, the project focuses on eliminating fiberglass and epoxy resin from the supply chain through the use of a new recyclable laminate technology known as “Soluboard”, based on woven natural fibers. reinforcement and a polymer soluble in hot water. At the end of its life, this material can be recycled simply by immersing it in almost boiling water, causing the polymer to dissolve, allowing the fibrous reinforcement to be easily separated for reprocessing or composting, and to recover the electronic components and circuits. intact.

The main objective was to demonstrate the feasibility of producing a PCB substrate in large volumes with performance comparable to CEM-1 and FR-4 in the UK. The secondary goal was to ensure that this substrate was compatible with existing aqueous etching and plating processes used in PCB fabrication. ICT ensured dissemination and feedback from industry. The project is now complete and Jack Herring, Managing Director of Jiva Materials, gave a meaningful summary of what has been achieved.

Herring described the initial target market as basic PCBs in domestic equipment, the waste of which constituted 32% of WEEE. Products included PC peripherals, power circuits and LED lighting. He reminded the audience that the WEEE Directive placed the responsibility for waste recovery on the product manufacturer and that Soluboard PCBs could be removed for recycling from products recovered through WEEE take-back schemes.

Jack_Herring_headshot.jpg

Considering the carbon savings, he said the carbon footprint of one square meter of Soluboard is equivalent to 7.1 kg of CO2against 17.7 kg for a similar square meter of FR-4, representing a 60% reduction. And Soluboard’s plastic saving compared to FR-4 is 620 grams per square meter. A retail price equivalent to FR-4 can be achieved, and the material can be supplied as a copper clad laminate for PCB manufacturing or an uncoated laminate for printed electronics applications.

Soluboard has been shown to be compatible with industry standard wet processes for PCB manufacturing. It is directly drilled and routed, and PCB assemblies can be successfully soldered with low temperature alloys. Herring showed examples of power supply boards produced by print and etch technology, with a heat-cured solder resist. Another example was panels for LED lighting, designed to achieve required levels of reflectivity. In a printed electronics context, uncoated Soluboard has been used to produce boards for Arduino microcontrollers using industry standard functional silver inks.

Preliminary technical data sheets had been prepared with a complete list of mechanical and electrical properties. The material has a flammability rating equivalent to UL94V-0 and should be officially recognized shortly.

Look forward
Herring discussed future plans. The initial target market was basic PCBs – single and double-sided without plated through holes – and this technological level had been achieved through the Innovate-funded ReCollect project. In the future, it is intended to handle multi-layered applications. One exciting prospect is Dell Technologies’ Concept Luna, in which Dell explores ways to reduce the carbon footprint of its products to make them reusable and repairable before ultimately recycling materials and components. Dell has shown some interest in “a new bio-based circuit board made with flax fibers in the base and a water-soluble polymer as the glue,” Herring said, and Jiva is looking forward to becoming a collaborator on the project.

In terms of substrate development, the first version of Soluboard had a relatively coarse weave hessian backing. A finer weave fabric provided improved electrical properties and would form the basis of a second generation laminate. The solubility of the resin component clearly presented some hurdles to overcome when aqueous chemistries plated through the holes were encountered, and this was another area of ​​development to address once additional funding was secured. Another topic of interest was in-mold electronics, where the thermoplastic properties of Soluboard make it a suitable choice, and efficient recycling equipment to process recovered Soluboard from take-back systems will be developed.

A systematic approach to regulation
Continuing on the topic of chemical awareness and the exciting world of legislation, Colin Martin, Senior Partner at ParaChem Consulting Chemists, reminded us of our statutory responsibilities under REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) regulations. .

colin_martin.jpg

REACH was created in 2007 as a European chemicals regulation aimed at improving the protection of human health and the environment by identifying the intrinsic properties of chemical substances. The UK officially left the EU on January 31, 2020 (“BREXIT”), so the EU REACH regulations were no longer legally binding. They were replaced by UK REACH, a new legal requirement to disclose information about the composition of manufactured ‘articles’, and requests for disclosure would still go up the supply chain of all EU companies.

The UK department responsible for REACH is the Department for Environment, Food and Rural Affairs (DEFRA), which conducted a survey to establish the status of UK industry with respect to REACH compliance. She concluded that manufacturers misunderstood REACH and its obligations. Most of the industry was unaware of the regulations or their implications, even though failure to comply with disclosure obligations was in fact a criminal offence. Having published the results of its investigation, DEFRA is now taking an active stance on REACH, and its regulations will be enforced.

What happens next? Martin set out to unravel the complexities of procedures and present a systematic approach to compliance. He pointed out that although it involves a commitment of resources, it should not be overwhelming if the exercise is approached methodically. There is a need to build a database providing data on “substances of very high concern” (SVHC) in manufactured items. The database shall include inventories of all manufacturing consumables and all manufactured or purchased items, with the SVHCs identified and their mass percentages calculated. The minimum information to be provided to the consumer is the name of the SVHC, and this must be provided within 45 days. Specialized proprietary software is available to facilitate database management.

Martin gave an example listing of all consumables and their compositions, then looked specifically at the individual components of a particular product, with the composition of a fictional proprietary solder mask used for illustration. The concentration of each of these consumables in the product was determined. Likewise, its item inventory listed all of the ingredients that go into making each item and their weight percentages.

Once all of this data collection was complete, she provided a resource from which five categories of formal reports could be prepared: UK SVHCs at concentrations greater than 0.1% contained in individual articles, similar for EU SVHCs, customer reports of UK SVHCs in articles, similar for EU SVHCs, and a report from the European Chemicals Agency if more than 1000 kg of all SVHCs were processed within one year.

As someone who has had a career mastering the technical aspects of printed circuit board manufacturing, I have been reminded that legal paperwork obligations extend far beyond routine production and quality assurance documentation.

Sebi pulls out a list of untraceable defaulters

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New Delhi: Capital markets regulator Sebi has released a list of 25 defaulters, who are found to be untraceable. These defaulters have failed to return investors’ money or pay fines imposed on them by the regulator for various securities market violations.

Posting details of the untraceable defaulters on its website on Wednesday, Sebi said the collection certificates had been issued against those individuals by the regulator’s debt collector.

However, these notices could not be served on the defaulters at their last known address.

These notices were served from July 2014 to January 2022, the Securities and Exchange Board of India (Sebi) said. The regulator has asked these defaulters to contact Sebi’s debt collector by sending a letter or email by March 24, 2022.

“Also, if any person knows where the defaulter(s) are…details can be provided by sending a letter to the debt collector…or an email…before March 24, 2022 “, he added.

Among the defaulters.

Also, the others are Vinod D Patel, Pravin P Patel, Navinkumar Patel, Sunil Kuril, Dilip Hemant Jambhale, Jagdish Jaychandbhai Pandya, Chirag Dineshkumar Shah, Prashant Khankari, Kailash Shriram Agarwal, Dattu Shitole, Jintendra Chandrabhan Singh, and Ankit Sanchariya.

Sebi has the power to recover money from various entities by issuing orders to refund money to investors, return funds to be distributed to investors, and also collect fees and penalties it imposes.

Since obtaining collection powers in 2013, Sebi has initiated collection proceedings against a large number of defaulters.

“Who will invest in India if scams like this happen?” : judge in the NSE case

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The CBI told the court it was reviewing the role of SEBI. (Representative)

New Delhi:

“Who will invest in India with scams like this,” frustrated judges said today about the sensational case involving deep corruption at the National Stock Exchange (NSE).

Criticizing the Central Bureau of Investigation (CBI) for not acting quickly enough, the judges pointed out that four years have passed since the agency began investigating wrongdoing involving the exchange’s top officials, including the then CEO, Chitra Ramakrishna. She was arrested on March 6 in Chennai; his then adviser, Anand Subramanian, was arrested on 24 February.

The country’s markets regulator, SEBI, should also be investigated to determine whether it has taken steps to block and then punish corruption, the CBI tribunal said today.

The NSE was the largest stock exchange in the country.

In 2018, a select group of traders allegedly received unfair access to NSE’s servers to speed up algorithmic trading, which allowed them to trade sooner than other traders.

Over the past few weeks, CBI officials have visited market regulator SEBI‘s office in Mumbai to collect documents related to the case.

The so-called “server affair” became a dramatic headline a few weeks ago with the discovery that Chitra Ramkrishna, then in charge of the NSE, shared confidential information with someone she described as a Himalayan yogi. The emails show her asking the same stranger for advice.

This was highlighted in a Feb. 11 SEBI order that highlighted breaches of corporate governance at the exchange.

The SEBI order said the former CEO “arbitrarily” appointed Anand Subramanian as his adviser, adding that he had “no relevant experience”. He was given the role of chief adviser to the MD of NSE with a salary vastly disproportionate to his experience.

Chitra Ramkrishna told SEBI during the investigation that she did not compromise the integrity of the exchange.

Finance Minister Nirmala Sitharaman said the government was examining whether SEBI had taken adequate action in the NSE case.

The regulatory order said Chitra Ramkrishna – who stepped down as CEO in 2016 – was “just a puppet” of someone she described as an anonymous yogi in the Himalayas who “would come forward at will”. SEBI said the former CEO made “an incorrect and misleading statement” about the existence of a yogi. Ernst and Young Audit had said that the yogi was none other than Anand Subramanian.

CBI also told the court that the agency’s investigation revealed that it was Anand Subramanian who created the ‘[email protected]’ email id through which he communicated with Chitra Ramakrishna.

The agency also told the court that Chitra Ramakrishna presented a non-existent person (referring to Yogi) to mislead the investigation.

The NSE, launched in 1994, claims that it is the largest derivatives exchange in the world in terms of the total number of contracts traded. Chitra Ramkrishna joined NSE in the early 1990s.

Home improvement scams top Tennessee’s 2021 list of consumer complaints

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Knoxville, Tenn. (WATE) – The Consumer Affairs Division of the Tennessee Attorney General’s Office says home improvement scams top the list of complaints filed with the state in 2021.

Common complaints were about incomplete work after receipt of payment.

For example, Jim Lance shared with WATE how he paid for several upgrades to his lakeside home in Jefferson County, but the work was never completed by the original remodeling contractor hired.

“It was meant to be our forever home,” Lance said in December. “We had done extensive research. Made several trips to the area.

In Grainger County, rats in the rental home of John Kehn and Trista Vidales created a health hazard last March.

“Rats. There are dead rats everywhere,” Kehn said. “Here’s one right here. This would have fallen off if I hadn’t put plastic in here.

“They live within our walls, in our basement. They are ripping the insulation off my walls,” Vidales said.

In 2021, the Tennessee Consumer Affairs Division received 5,561 complaints — a 37% increase — compared to 2020, when 4,053 complaints were reviewed. The top category of complaints included home improvements, home repairs and home warranty issues with 787 complaints filed.

The top three categories saw the highest year-over-year increases, with home improvement scams up 58%, landlord/renter complaints up 61%, and complaints about health and revenue increasing by 63%.

At No. 4 on the list are personal and professional services, including hairdressers, massage therapists and photographers. The state says common complaints included quality of service, charges for services not received, and issues redeeming gift certificates.

Rounding out the top five were used car sales and advertising, which included refund and return issues. Many complaints were about issues with refunds and returns. Also, for the first time, scams by imposters made it to Consumer Affairs’ top ten complaints list.

Complaints can be filed with the state online at tn.gov/attorneygeneral.

March 08, 2022 – Massy Holdings Ltd. – Stock Listing – 20:1 Stock Split

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CONTRACT NOTICE

20:1 STOCK SPLIT – MASSY HOLDINGS LTD. (MASSIVE)

March 01st 2022, MASSY has announced that its Board of Directors has set March 11and2022 as the effective date (record date) on which the stock split in question will be effected and the date for determining which shareholders will be entitled to have each ordinary share held by them converted into twenty (20) ordinary shares.

In view of the foregoing, 1,880,415,313 Ordinary Shares of Massy Holdings Ltd. were listed on the stock exchange on Tuesday 08and March 2022 and will come into force on Wednesday 09and March 2022, thus increasing the issued share capital of the Company to 1,979,384,540 Ordinary Shares, but only become available for trading from Monday 14and March 2022.

The stock price would also be adjusted in accordance with the 20:1 stock split ratio, thereby reducing the stock price from $106.00 to $5.30 per share, based on MASSY’s closing price at March 08.and2022. The TTSE hereby advises that the aforementioned price split will be performed on the Automated Trading Platform, effective Wednesday 09and March 2022.

March 07and2022

Market Operations Department

Trinidad and Tobago Scholarship Limited

Warning

Massy Management Ltd, published this content on March 08, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on March 08, 2022 17:12:02 UTC.

New Data from Entrust Highlights Consumers’ Desire for a Digital-First Banking Experience

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Do you remember rushing to the bank on Friday to make sure you had enough money for the weekend? When was the last time you filled out a deposit slip or waited weeks to replace a lost credit card or shopped at a store that doesn’t accept credit cards?

Your wallet today is probably full of contactless credit and debit cards. You can even pay with your mobile phone or have a card that allows you to pay in cryptocurrency.

We’re in the midst of the great payments disruption, and payment and money management options are more varied than ever. And customers and financial institutions are struggling to keep up.

So to better understand where the end users areEntrust surveyed 1,350 consumers from nine countries. The survey asked consumers who have made or received digital payments in the past 12 months to uncover their preferences and habits during this disruption in the payments landscape.

The results show that consumers want the flexibility and security of the new digital world to extend to their banking as well. This means that financial institutions must rise to the challenge with their digital offerings to maintain a competitive edge.

3 key payment themes from our data

Consumers have identified their expectations and concerns from their banks, revealing considerations financial institutions need to keep in mind as they adapt to the Great Payments Disruption. Here are three key findings from The Great Payments Disruption report:

1. Digital banking offers are not a pleasure, they are a necessity.

It is undeniable that digital offers attract consumers. In fact, 88% of respondents said they prefer to do their banking online. Let’s break down what “online” means. When it comes to online banking options, mobile apps reign supreme: 59% of respondents prefer to use their bank’s mobile or tablet app. In contrast, 29% prefer to do their online banking on their desktop web browser.

But while consumers prefer the convenience of online banking options, they still interact physically with their banks – 70% said they had used an automated teller machine (ITM) in the past year. Seamless omnichannel touchpoints remain essential to the customer experience. And if a bank doesn’t offer a digital-first experience, it risks falling behind.

2. Digital transformation unlocks flexibility and customers are looking for secure and flexible options.

When choosing a bank or considering switching banks, respondents’ top priorities can be summarized as: more flexible payment options, better access to digital solutions and increased security. But as banking and credit become more digital, 90% of respondents said they were concerned about the potential for bank or credit fraud. Two-thirds of respondents who were notified of a fraud (67%) said they changed banks or credit unions as a result. Clearly, consumers want secure, high-quality digital banking – and they’re willing to switch banks for it.

These results highlight significant opportunities for challenger banks. In fact, 72% of respondents globally said they would consider using a branchless online banking service/challenge bank for their banking. To maintain their competitive advantage, banks and credit unions need to invest in digital and security solutions to prevent competitors and challenger banks from capturing market share.

3. Contactless payment methods continue to grow in popularity.

Compared to countries like the UK whose cardholders adopted contactless cards more than ten years agocontactless cards in the United States only recently appeared on a large scale. Although newer to the United States, contactless cards are rapidly gaining momentum and responding to consumer demand for more flexible and secure options. In fact, 48% of respondents listed contactless credit or debit cards as their preferred method of payment, just behind the 50% of consumers who said they preferred chip-based credit or debit cards. Peer-to-peer payment apps (e.g. PayPal or Venmo) and contactless mobile payment — while continuing to grow in popularity – lagging behind with only 30% of respondents citing them as their preferred payment methods.

However, this lack of mobile contactless payment adoption could be due to the fact that only 53% of respondents say they have received a digitally issued debit or credit card from their bank or credit union. Although this is a slight majority, there is room for growth – and for banks, there is a big opportunity here. Given that respondents said they want more flexible options, a digital card solution could be the answer banks need to attract a wider customer base and retain existing customers to stay relevant.

Download The Great Payments Disruption report for more information

To download The Great Payments Disruption report for a better understanding of the current digital disruption in the payments industry and the resulting impacts for consumers. In the report, you’ll learn what consumers expect from their banks and how you can deliver a secure and digital omnichannel customer experience.

If you want to learn more about how we can help you embrace the future of banking, get in touch with our team today.

The post office New Data from Entrust Highlights Consumers’ Desire for a Digital-First Banking Experience appeared first on entrust the blog.

*** This is a syndicated blog from the Security Bloggers Network of entrust the blog written by Jenn Markey. Read the original post at: https://www.entrust.com/blog/2022/03/new-data-from-entrust-highlights-consumers-desire-for-a-digital-first-banking-experience/

Oil and gas soar and stock markets tumble as West eyes Russian energy ban

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gHello.

Another week, another jaw-dropping rally in energy prices.

Brent crude jumped as high as $139 after the United States said it was in talks on an embargo on imports from Russia, with reports it could roll out the measure even without backing from Russia. their European allies.

The West has so far refrained from targeting the Russian energy sector with sanctions, given the impact this would have on prices. Still, many traders have decided to avoid Russian oil anyway.

But an official ban would trigger an even bigger supply crisis at a time when the market is already under pressure. It would also fuel fears that Vladimir Putin could retaliate by cutting off gas supplies to Europe.

5 things to start your day

1) War in Ukraine risks triggering civil unrest in the Middle East, analysts warn Disrupted supplies push prices up, with Egypt and Lebanon particularly vulnerable

2) Sanctioned Russian defense companies attend major arms fair in Riyadh The World Defense Show has started in Riyadh

3) PwC and KPMG withdraw from Russia Listeners join corporate backlash against Ukraine invasion

4) British investors have 5 billion pounds trapped in the closed Moscow stock market The Russian stock exchange was closed all last week

5) Russia’s credit rating reduced to second-worst level of rot The rating agency Moody’s considers that the country is more likely to default on its debts than Iraq, Ecuador or Ethiopia

What happened overnight

Oil surged as it emerged. Europe and the United States are discussing a possible embargo on Russian oil imports. There are also concerns about delays in the potential return of Iranian crude to world markets, with talks to revive Iran’s 2015 nuclear deal with world powers mired in uncertainty. In the first few minutes of trading on Sunday, the Brent and WTI benchmarks hit their highest level since July 2008, with Brent at $139.13 a barrel and WTI at $130.50.

coming today

  • Business : Clarkson, Hg Capital Trust (annual results)
  • Economy: Halifax House Price Index (UK); trade balance (China); retail sales (Germany)

Natural, unique and beautiful Why natural wood veneer is always the first product for decorative walls, ceilings, millwork and furniture

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Whether due to concerns about the rising cost of natural wood, the availability of certain species, or maintenance, it’s no surprise that the market for imitation wood products has grown in recent decades. There are a variety of synthetic or man-made products now available aimed at delivering a “realistic” wood look – from wood-plastic composites to laminates, vinyl and aluminum products – with varying degrees of success. However, architects and designers often overlook an all-natural, sustainable alternative to solid wood that retains the true character of real wood, while being resource-efficient and cost-effective: natural wood veneer.


Natural, unique and beautiful: why natural wood veneer is still the first product for decorative walls, ceilings, joinery and furniture dispels some common myths and misconceptions about natural wood veneer and examines why it should be considered the best option for decorative walls, ceilings, furniture and millwork. We set the record straight and explain what wood veneers are, how they are made and whether they should be considered a ‘natural’ material. We also look at the architectural benefits of wood veneer, focusing on the qualities it shares with real wood: natural, unique and beautiful.


Matilda Veneer is Australia’s largest and most important wood veneer manufacturer. Matilda Veneer is renowned for sourcing and manufacturing natural, unique and beautiful veneers for architectural specifications from Australia and around the world. The company’s veneers are produced from wood harvested with responsible forest management and are manufactured with the utmost efficiency.










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The best Penny Stocks to watch this week? 3 For Your Watchlist |

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Check These 3 Penny Stocks For Your List This Week

If you’re looking for penny stocks to buy, there are hundreds to choose from. And due to the large number of penny stocks, investors need to have two things on hand. On the one hand, traders must have a trading strategy. This means knowing what your risk tolerance is and how to use it as an advantage.

[Read More] Dark Pools: What They Are and How to Use Them to Your Advantage

And on the other hand, traders must have a thorough understanding of the stock market right now and what it might do in the future. While easier said than done, using them will give you the best chance of making money from penny stocks in 2022. Considering that, let’s take a look at three penny stocks to watch this week future.

Penny Stocks to Watch This Week

  1. Camber Energy Inc. (NYSE: CEI)
  2. Atreca Inc. (NASDAQ: BCEL)
  3. Gran Tierra Energy Inc. (NYSE:GTE)

Camber Energy Inc. (NYSE: CEI)

With a gain of over 30% on Friday March 4, Camber Energy is currently on the minds of many investors. Clearly, CEI stock has significant bullish interest after a one-month gain of over 44%. And despite a few minor hiccups along the way, the overall trend for CIS stocks during this period has been positive.

Now, there is no company-specific news that pushed the CEI stock price higher on March 4. However, it can be assumed that most of its recent momentum is due to the conflict between Russia and Ukraine. This war regulated the skyrocketing price of oil, and subsequently so did energy penny stocks. As a result, CEI has seen several periods of intense highs and lows over the past month or so.

The latest company-specific news, however, arrived on February 15. On the 15th, the company announced that its majority-owned subsidiary, Viking Energy, had completed the acquisition of a proprietary electrical transmission and distribution open conductor detection system. This acquisition was completed with $21 million in cash and $5 million payable in Viking stock at closing.

“This technology is extremely important. It’s really hard to put a monetary value on a solution that can detect a broken power line and shut off the electricity flowing through the line before the wire hits the ground. Live power lines that produce arcs and sparks are dangerous and difficult to detect using traditional designs.

Unfortunately, people in places like California, Western Canada, Australia, and other parts of the world are fully aware of what can happen when a downed, live power line comes into contact with the ground.

Camber and Viking CEO and President James Doris

So with all of this exciting news in mind, do you think CIS stocks are worth adding to your list of penny stocks to buy?

Atreca Inc. (NASDAQ: BCEL)

On Friday, March 4, shares of BCEL soared over 211% at market close. This is an incredible gain and comes as the company released its financial results for the year 2021 and the fourth quarter. In the results, the company showed positivity regarding the clinical activity of its compound, ATRC-101.

“Last year was a very productive year for Atreca in terms of both the clinical development of ATRC-101 and the generation and advancement of other pipeline assets. We are pleased to announce today Additional results from the ATRC-101 program are now available.The data continue to show a significant association between activity and target expression.

Atreca Inc. CEO John Orwin

On the tax front, the company ended the fourth quarter of 2021 with over $148 million in cash. And its research and development spending for the year was $78.3 million. Although it reported a net loss of $109.3 million, the majority of that loss predated the last three months of the year.

[Read More] How to Make Money With Penny Stocks During Geopolitical Conflict

If you are unfamiliar, Atreca Inc. is a biopharmaceutical company working on the development of antibody-based immunotherapies. Currently, its lead product is known as ATRC-101, which is being studied for the treatment of several solid tumor cancers. This is a big deal and it shows that the company is working hard to keep growing. So, with all of that in mind, do you think BCEL stock is a worthwhile addition to your penny stocks watchlist?

Penny_Stocks_to_Watch_Atreca Inc. (BCEL stock chart)

Gran Tierra Energy Inc. (NYSE:GTE)

Gran Tierra Energy Inc. is a penny stock that we have covered several times over the past few months. And again on Friday, March 4, stocks soared dramatically, ending the day up more than 8.5%. That brings his one-month and six-month gains to 39% and 163% respectively.

Similar to CIS stock, one of the main reasons for GTE’s growth is the energy industry right now. And with tensions in Ukraine only rising, many investors are showing bullish sentiment on energy as a whole. The company’s most recent news came a few weeks ago when it announced its 2021 year-end reserves. % 1P.

“In 2021, a combination of our continued reductions in drilling, completion and workover costs per well, our focus on maintaining low operating costs and the strong rebound in oil prices have resulted in significant increases in our net asset value per share after tax at $1.59 per share (1P), up 124% from 2020, and $2.92 per share (2P), up 31% from 2020.”

Gran Tierra CEO and President Gary Guidry

Whether that makes GTE action interesting or not is up to you.

Penny_Stocks_to_Watch_Gran

What Penny Stocks are you looking at right now?

Finding the best penny stocks to buy is all about understanding where to look. With such a variety of penny stocks, it can be difficult.

[Read More] Best Energy Penny Stocks to Buy for Under $5 Right Now

But, because there is so much information available to everyone, researching and understanding this information is key to making money with penny stocks. So with all of that in mind, what penny stocks are you looking at right now?

EcoFlow River Mini Review: Lots of power in a small package

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EcoFlow RIVER Mini

MSRP $349.00

“The EcoFlow River Mini brings battery backup where you need it, with 210Wh storage capacity, 300W continuous output, a variety of ports, and Qi wireless charging for your phone.”

Benefits

  • Lightweight and portable

  • 15W wireless charging

  • Lots of USB ports

  • Includes a 100W USB-C port

  • Rear notch makes it easy to carry

The inconvenients

  • Tight exit location

  • Glossy black finish is a fingerprint magnet

  • No carrying handle, so difficult to pick up

EcoFlow’s River range of compact power stations have a design philosophy that focuses more on portability and functionality rather than battery capacity or output. The River Mini is the smallest model in the series, and it packs some serious capability into a form factor small enough to fit under your car seat, or maybe even in your glove compartment. It has a respectable 210 watt-hour battery, 300 watts continuous AC output from two outlets, three USB ports, and a 12-volt accessory outlet. It is available in standard and wireless versions, with the wireless version including a built-in Qi wireless charging pad.

Design

The EcoFlow River Mini charges a phone wirelessly.
Jeremy Laukkonen/Digital Trends

The EcoFlow River Mini is a sleek little device, with a rounded rectangular shape and a glossy black plastic finish that’s somewhat reminiscent of an old clock radio. The top of the device is cutaway and flat, making it a good place to put your phone and other small items. If you opt for the wireless version, this platform doubles as a Qi wireless charger capable of delivering up to 15W. In terms of performance, it lives up to best wireless phone chargers.

The front of the River Mini features a large digital display, power button, USB ports and the 12 volt accessory socket. AC outlets are located around one of the sides, along with a panel you can open to access the charging input sockets. The other side of the River Mini is devoid of features, as is the rear. The back of the device has a large cutout along the bottom that provides excellent grip. Although this powerhouse is small, it is a bit big and heavy like a palm football. Cutting goes a long way in solving this problem. It’s still a bit awkward to carry, but it’s very easy to handle.

Front and side view of the EcoFlow River Mini.
Jeremy Laukkonen/Digital Trends

The glossy black plastic case looks great, but I found it to be an absolute fingerprint magnet. I’m not a big fan of the glossy black plastic electronics for that reason, but it cleans up nicely with a microfiber cloth. The soft rubber ring around the top of the device suffers from a similar problem, as it seems to pick up dust that settles in the rubber, giving it a smudged look.

Setup and use

The EcoFlow River Mini on a table with accessories and a manual.
Jeremy Laukkonen/Digital Trends

The River Mini is ready to use, although you’ll probably need to charge it first. Mine arrived about 30% charged and was ready to go in about an hour. You can turn on the device by pressing a button on the front, then activate the desired output method by pressing a button near the relevant ports. From there, all you have to do is plug in your devices.

EcoFlow has an optional companion app that works with all of its power stations, and I highly recommend taking the time to install it alongside the River Mini. The River Mini even has a QR code sticker on the bottom. Scan the QR code, and it will take you directly to the app list in the App store Where google play.

The EcoFlow companion app is quite simple. The River Mini has a small button on the front marked IoT Reset, and by pushing it, the device broadcasts a Wi-Fi network. You can connect to this network with your phone, add the device in the EcoFlow app, then connect the River Mini to your local Wi-Fi network. Once this process is complete, you can monitor battery capacity and power consumption through the app, check each device’s connections, enable and disable ports, and even load firmware updates.

Sockets and Ports

Close up of the EcoFlow River Mini AC sockets.
Jeremy Laukkonen/Digital Trends

The EcoFlow River Mini includes two AC outlets, three USB-A ports, one USB-C port, and a 12V accessory outlet. It also has a Qi wireless charger on the top that supports fast wireless charging. The ports all worked as advertised and I was able to plug in a variety of devices for testing purposes. The only problem I encountered is that the two AC outlets are a bit crowded and there is only enough space to connect one grounded AC outlet at a time.

Several EcoFlow River Mini cables on a table.
Jeremy Laukkonen/Digital Trends

For charging inputs, the River Mini includes a connection for an AC power cable and another connection that can accept a 12V charger that you plug into your car’s cigarette lighter, accessory port, or solar charger. . It also includes all the cables you’ll need for each of these options, with an AC power cable, 12V accessory cable, and solar charger cable designed to plug into standard solar panel barrel connectors. If your solar panel does not use MC4 barrel connectors, you will need an adapter.

Battery and performance

The top view of EcoFlow River Mini.
Jeremy Laukkonen/Digital Trends

The River Mini contains a 210Wh lithium-ion battery capable of delivering 300W continuous power with surges of up to 600W. It has a pure sine wave inverter, which means it is suitable for the operation of delicate electronic and medical devices. For example, someone with sleep apnea could use the River Mini to run your CPAP machine on a camping trip without worrying about damaging your equipment.

Each of the USB-A ports is rated to deliver 5V at 2.4A, and the USB-C port can deliver up to 100W. The wireless charger is capable of delivering up to 15W. The 12V accessory socket is rated at 12.6V and 10A, which is enough to power most of the same gadgets you would normally plug into your car’s cigarette lighter socket. The USB-C port was capable of powering anything I threw at it, including a Nintendo Switch in dock mode and a MacBook Air M1.

The USB-C port was capable of powering anything I threw at it, including a Nintendo Switch in dock mode and a MacBook Air M1.

Since the River Mini’s battery is rather small, I found it to charge very quickly. It charged in about 90 minutes when plugged into the wall, and it posted a charge time of about three and a half hours when I plugged it into my truck. Do not leave it plugged into a vehicle without the engine running, as this may drain the vehicle’s battery to the point where the engine will not start.

My River Mini review unit did not include a solar panel, but I was able to plug it into my Jackery SolarSaga 100 using an adapter. The River Mini automatically detected the power input and went into charging mode, and I was able to charge the battery, in direct sunlight, in about three hours.

Price and availability

The EcoFlow River Mini has an MSRP of $349, but is usually priced between $229 and $299. You can buy the EcoFlow River Mini from Amazon and a number of other retailers, or directly from EcoFlow.

Our point of view

The EcoFlow River Mini attacks the portable battery market with flying colors. Competitors in this price range are generally a little more compact, but most also feature much weaker batteries, no AC power, or a single low-amperage AC output at maximum. With two AC power outlets, four USB ports, a 12V accessory socket, and fast wireless charging to boot, the River Mini covers all the bases.

The killer feature is that the River Mini has the same charging capabilities as the larger EcoFlow units, meaning you can plug it into a solar panel to maintain electricity during a power outage or when traveling off the beaten path. network. It doesn’t come with a solar panel, but it’s good to have the option to add one if you decide you need one.

Is there a better alternative?

the Anker 521 Portable Power Station is an option that covers most of the same basics as the River Mini. It has a similar battery capacity and the same number of AC outlets, but one less USB port. It also doesn’t have wireless charging for your phone, and it doesn’t come with any of the cables needed to hook up a solar panel. It has a nice handle that makes it easy to carry.

How long will it last?

The River Mini doesn’t look or feel as sturdy as other EcoFlow products I’ve used. The glossy black casing is thinner and more likely to crack under pressure, which can be a factor if you plan to subject the device to any kind of rough use on the road, be it camping, tailgating or something else. It’s designed to complete 500 cycles before the storage capacity drops to 80%, meaning you can empty and fully charge it every day for almost two years and still retain 80% of the original capacity. It’s likely to last well beyond that with gradually diminishing capacity, but EcoFlow backs it up with a two-year warranty against defects.

Should I buy it?

Yes, you should consider buying the EcoFlow River Mini. It is one of best portable power stations I’ve seen in this size, with features that beat most of the competition. The inclusion of a wireless charging pad more than makes up for the lack of a carrying handle, and I like that it has the same connections for solar power as its larger relatives. It’s also a great option if you’re looking for an entry-level device to keep on your desk to power your computer or networking gear, with the added bonus that you can power various USB devices and charge your phone wirelessly.

Editors’ Recommendations






Liquid Media Group, Ltd. receives notice from Nasdaq

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VANCOUVER, British Columbia, March 04, 2022 (GLOBE NEWSWIRE) — Liquid Media Group Ltd. (“the Company”, “Liquid Media” or “Liquid”) (Nasdaq: YVR) today announced that it has received a written notice (the “Notice”) from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) indicating that the Company is in breach of the minimum offering price requirement of $1.00 per share under the Nasdaq Listing Rules (the “Listing Rules”). Based on the closing bid price of the Company’s listed securities during the last 30 consecutive business days from January 14, 2022 through February 28, 2022, the Company no longer meets the minimum bid price requirement set forth in the Listing Rule. 5550(a)(2). The notice is only a notification of deficiency, not of impending action, and has no actual effect on the listing or trading of the company’s securities on the Nasdaq Capital Markets.

The notice states that under Listing Rule 5810(c)(3)(A), the company has a compliance period of 180 calendar days, or until August 29, 2022, to regain the compliance with registration rules. To restore compliance with the listing rules, the company’s common stock must be at least US$1.00 for at least ten consecutive business days. In the event that the Company does not regain compliance by August 29, 2022, the Company may be eligible for additional time to regain compliance or may be subject to debarment.

The Company intends to monitor the closing bid price of its common stock by August 29, 2022 and assess its available options to return to compliance during the compliance period.

In addition, the Company has received notices of default from the British Columbia Securities Commission (“BCSC”) for failure to timely file its annual information form, annual financial statements, discussions and analysis of related management and management certifications in this regard. The company has experienced unexpected delays in consolidating financial information and completing purchase accounting for its recently acquired businesses, but expects to be able to make all required filings in the coming weeks and will provide updates. timely update.

“We remain confident in Liquid’s business strategy and the synergies and revenues from our recently closed acquisitions,” said Ron Thomson, CEO of Liquid. “Our team is committed to reviewing all available options to restore compliance with the Bid Price Rule and to comply with BSCS requirements, and we appreciate our investors’ continued support during this time.”

About Liquid Media Group Ltd.

Liquid Media Group Ltd. (Nasdaq: YVR) is a business solutions company that empowers independent IP creators. Liquid’s end-to-end solution will enable the creation, packaging, financing, delivery and monetization of professional video (film/TV and streaming), allowing IP creators to take their professional content from creation to whole process until monetization.

Liquid’s blockchain framework, developed with Eluvio, enables independent producers and content creators to leverage blockchain technology and NFTs to reach new audiences, achieve decentralized distribution at lower cost, access funding for the production, sell merchandise and other special access experiences, and stream directly to global audiences on their own terms.

Additional information is available at www.LiquidMediaGroup.co.

Further information :

Primoris Group Inc.
+1 (416) 489-0092
[email protected]

Media requests:

Investor / Company
Adam Bello
Media and Analyst Relations Manager
Primoris Group Inc.
+1 (416) 489-0092 ext. 226
[email protected]

Industry
Jane Owen
Jane Owen PR
+1 (323) 819-1122
[email protected]

Caution Regarding Forward-Looking Statements

This press release contains statements containing certain “forward-looking information” within the meaning of applicable securities laws (“forward-looking statements”). Forward-looking statements are generally identified by words such as: “believe”, “expect”, “anticipate”, “intend”, “estimate”, “potentially” and similar expressions, or are those which, by their nature, refer to future events. These statements include, but are not limited to, that the Company will regain compliance with Nasdaq listing requirements, file its annual filings for fiscal 2021, and should not be construed as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those implied by such statements. These factors include, but are not limited to, developments related to the COVID-19 pandemic, regulatory actions, market prices, the continued availability of capital and funding, and general economic, market or business, as well as additional risks disclosed in the annual and quarterly financial reports available at www.sedar.com. and www.sec.gov. Investors are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management as of the date the statements are made. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. expressly requires.

War in Ukraine a ‘disaster’ for global economy as stock markets plunge | Business

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The London Stock Exchange suffered its biggest weekly losses since the start of the global pandemic in March 2020, as investors scared off the escalating conflict in Ukraine.

Stocks plunged in the city after news of a fire and Russian capture of Zaporizhzhia in Ukraine nuclear power plant, the drop in one day of more than 250 points in the FTSE 100 index bringing the weekly loss to 6.7%.

European stock markets also recorded steep declines amid fears the impact of the fighting in Ukraine could spread westward across the continent. World Bank President David Malpass told the BBC the war was a “catastrophe” for the global economy.

Currency and commodity markets also ended the week on fresh signs of turbulence, with a flight to the safe haven US dollar and crude oil prices the highest in a decade.

Meanwhile, wholesale gas prices hit record highs in Britain and the EU. Britain’s National Balancing Point (NBP) benchmark soared above 500p per therm at one point, smashing the previous all-time high set in December, amid a prolonged surge that caused a series of domestic gas suppliers.

The FTSE 100 index in London ended Friday down 251 points at 6,998, down 3.5%. The German and French stock markets fell more than 4%, dragging Frankfurt’s Dax to its lowest levels since the end of 2020, while the Italian index tumbled 6.2% to its lowest level in more than a year. year. The European Euro Stoxx 600 index closed at its lowest level in nearly a year.

Nervous investors were taking little risk ahead of what they expect will be another tough week when markets reopen on Monday.

Liam Peach, emerging markets analyst at Capital Economics, said: “Russia has descended into chaos and we will have a clearer picture next week of the impact the sanctions are having on the economy. A repayment of dollar bonds by Gazprom on Monday will be a litmus test of the willingness of the government (and government-linked companies) to pay foreign debt, while inflation figures for the past week (expected Wednesday) are likely to show that the collapse of the ruble has started to drive up inflation.

Michael Hewson, chief market analyst at CMC Markets UK, said: “The FTSE 100 experienced a week-long shock, posting its biggest decline since March 2020, and below the 7,000 level at its lowest point. low since August of last year. In terms of weekly performance, the best performers were in defense and materials, with weekly gains for BAE Systems and companies like Glencore, Rio Tinto and Antofagasta.

Mining and energy stocks benefited from the surge in commodity prices, which saw the price of Brent crude hit $120 a barrel at one point. After jumping $25 a barrel last month, the price of crude ended the week at $115 a barrel. Wheat prices hit a 14-year high, while corn prices hit their highest level in eight years.

Stephen Brennock, of oil broker PVM, said: “Russia’s invasion of Ukraine means supply fears will remain front and center.” He said there was a “new sense of urgency” for the West to try to strike a nuclear deal with Iran.

Russia’s military invasion of Ukraine more than a week ago has heightened recession risks for the US and European economies – and even more so for Russia, which has been economically isolated by expanding trade. sanctions, economists said.

US stocks on Wall Street also fell as concerns over an escalating conflict in Ukraine overshadowed the latest nonfarm payrolls data which showed a strong recovery in job growth last month and a drop in the unemployment rate to 3.8%.

As stock markets tumbled, investors piled into investments seen as safer – gold, currencies like the dollar and yen and government bonds. UK 10-year government bonds posted their biggest weekly rise in more than a decade. As gilts were in demand, that pushed their yields, or returns to investors, to their highest level since November 2011. Yields fall when bond prices rise.

In the foreign exchange markets, the pound lost 1% against the dollar at $1,3210. The war in Ukraine has boosted demand for safe-haven investments such as gold. Spot gold rose 1.5% to $1,965 an ounce.

The Moscow stock exchange remained closed all week, while the ruble fell to record lows amid broader sanctions against Russia. The ruble hit a record low of 118.35 to the dollar in Moscow on Thursday and ended the week at 105 to the dollar.

Caleb Thibodeau of Validus Risk Management said: “Becoming arguably the most serious security threat to continental Europe since World War II, Russia’s invasion of Ukraine could not have happened at a more economically precarious time for the EU.

‘Unicorn’ Perfect Mobile Seeks NASDAQ Listing in Q3

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Perfect Mobile Corp (完美移動) plans to list on NASDAQ in the third quarter of this year, the provider of augmented reality (AR) and artificial intelligence (AI) software-as-a-service (SAAS) solutions has announced.

Perfect Mobile announced that it has signed a merger agreement with Provident Acquisition Corp, a NASDAQ-listed specialty acquisition company.

Perfect Mobile, a subsidiary of media company Cyberlink Corp (訊連) founded in 2015, said it is transforming consumers’ shopping experience with sophisticated SAAS solutions, including 3D face and hand modeling, AI skin diagnostics and simulations, AR-powered video consultations, live product trials, and personalized facial attribute recommendations.

Photo: ANC

Perfect Mobile said it was seeking a NASDAQ listing under the symbol PERF, replacing Provident Acquisition’s PAQC, the company said.

The deal estimates the company’s market value at US$1.02 billion, surpassing the threshold of a “unicorn” company, referring to a private start-up that has been in business for less than 10 years with a estimated market value over US$1. billion.

The merger is expected to raise up to $335 million, including $50 million from a concurrent private investment in a public equity placement transaction, $55 million from forward purchase agreements and $230 million from dollars held in trust by Provident Acquisition, Perfect Mobile said.

Perfect Mobile’s market value is expected to reach $1.4 billion after its IPO, the company said.

The investment deal has helped Perfect bring in new investors, including Chanel Inc, Shiseido Co, Snap Inc and others, he said.

Perfect Mobile said the fundraising proceeds will bolster its efforts to develop AR and AI SaaS solutions, and is expected to expand its market reach beyond the beauty and fashion industries while accelerating its global expansion. .

“By partnering with Provident, we expect to not only gain access to public capital markets, but also attract more world-class investors, improve our corporate governance, expand our market reach , to increase the development of AI and AR technologies and explore white spaces, such as adjacent fashion verticals and metaverse applications of our technologies,” said Perfect Mobile Founder and CEO Alice Chang (張華禎), in a statement.

Perfect Mobile’s solutions have been adopted by about 95% of the world’s leading beauty and cosmetics groups, with its apps having been downloaded more than 950 million times, the company said.

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London Stock Exchange suspends trading of more Russian companies | London Stock Exchange

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The London Stock Exchange on Friday suspended trading in other Russian companies, while an independent director resigned from the board of Evraz, the steel and mining group in which Roman Abramovich holds a 29% stake.

The LSE suspended trading in the other eight companies with close ties to Russia that were not on a list of 27 companies suspended on Thursday.

The companies trade financial instruments in London, including global certificates of deposit and US certificates of deposit, but not common stocks, which are traded on other exchanges where they have their primary listing.

Also on Friday, Evraz – which is listed primarily in London and incorporated in the UK – announced that James Rutherford had immediately resigned from the board. Rutherford was only a non-executive director of Evraz for nine months and also holds directorships in mining groups Centamin and Anglo Pacific.

His resignation comes a day after the Institute of Trustees urged British nationals to leave Russian boards, saying it was ‘no longer tenable’ for them to stay on after Ukraine invaded Ukraine. Russia, adding that all directors of Belarusian companies should also resign.

Evraz also has former Ford executive Stephen Odell and Sir Michael Peat, former private secretary to Prince Charles and whose last name is KPMG, on its board.

Peat, who was paid $224,000 (£168,232) last year, is due to step down at the end of March, having served on the board since 2011. Rutherford has received $125,000 since his appointment last June until at the end of last year. Odell was paid $138,000.

Evraz, who last week announced a dividend worth $450 million to Abramovich, has so far not been caught in the sanctions imposed on companies with close ties to Russia.

On Thursday, the London Stock Exchange suspended trading in 27 companies, including energy and banking firms Gazprom and Sberbank. The LSE said it was taking action “in light of market conditions and in order to maintain orderly markets”.

On Friday, the LSE added state-owned Federal Grid, Russia’s largest transmission company, telecom provider Rostelecom, residential property developer Etalon, supermarket chain O’Key, fertilizer company Acron, food retail chain Magnit, investment firm Sistema and commercial seaport Novorossiysk to its list of companies banned from trading in London.

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However, Evraz is one of many Russian-linked companies that have so far not been banned because they were granted “British nationality” by the LSE for business purposes.

Nevertheless, international pressure is increasingly weighing on Russian companies, while the invasion of Ukraine is also disrupting those operating in the region.

On Wednesday, Evraz and precious metals mining group Polymetal dropped the FTSE 100 in its quarterly review after their market values ​​fell.

Evraz’s market value has fallen more than 80% since Vladimir Putin’s invasion of Ukraine.

The Idea Lab does not belong to the library

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It is sad to see that our library lacks a scholarly appearance. It lacks the architectural grandeur of many other university libraries, or even its nearby neighbor, Old Main. It’s a shame because the architectural grandeur adds to the intellectual life. That said, there’s not much we can do about the outward appearance of our library. What diminishes the erudition of our library the most is the laboratory of ideas, located on the second floor.

Although the Idea Lab is now a popular space among students, it caused quite a bit of backlash when it was introduced in 2017. Some students feared that the Idea Lab would present itself as a capitalist intrusion into a community space (this was raised primarily because the Idea Lab falls under the Office of Entrepreneurship). Others were dissatisfied with the extra-academic appearance of the space in what they saw as the heart of university life. Similar points to the argument that I am about to present have already been made a few years ago, but I think that some of these points are worth repeating.

It is obvious that the Idea Lab is not the most conventional of academic spaces. When I think of an academic library, I think primarily of books, journals, and similar sources of intellectual value. This does not mean that the Idea Lab does not serve any academic purpose. In 2018, Paul Cantrell of the MSCS defended the Idea Lab against this argument, graciously listing a whole bunch of scholarly work that has been done or completed by the Idea Lab. He’s absolutely right: Idea Lab resources can enrich academic studies, and many professors have already incorporated them into their courses.

I also want to acknowledge that the Idea Lab probably helps a lot of students learn. It’s a space dedicated to creativity, and I tend to believe that the space has a lot of pedagogical importance. The method of learning arts and crafts is not my personal preference, but I won’t argue that the Idea Lab shouldn’t exist, rather that the library doesn’t belong there.

The library should be a place where people sit and write articles without getting up to mend jeans. It is important that we make distinctions in the organization of our campus, giving each building and each space a clear and distinct vocation. There is still a logic behind all this: we want the members of the college community to be able to orient themselves efficiently and effectively. Olin-Rice, for example, is where you study the natural sciences. If you go to Old Main, you will come across the humanities. The library has a unifying function for all disciplines: whatever the field in which you undertake your studies, the library is the place to devote yourself to serious intellectual activities. As such, the library should be able to cultivate a dedicated space for serious academic inquiry.

Given this objective, the presence of the Idea Lab on the second floor of the library does a disservice to the building and to our community. The second floor of the library is not a place for serious intellectual pursuits, but a place to play with legos and fix jeans. Let’s face it: whatever the intention behind the Idea Lab setup, it was a mistake. Our library has sacrificed some of its collegiate gravity for a childish and entertaining arts and crafts station.

Some readers may accuse me of having a regressive and traditionalist attitude towards education and what academia should be. That’s absolutely right: what bothers me most about the Idea Lab is that it deviates from a more traditionally academic environment. I am not opposed to the Idea Lab at all. My only claim is that the library should remain a traditionally intellectual institution where people go to read and write. There are other buildings on campus that are better suited to accommodate such a space. With all his dedication to the arts and creativity, JWall would be a good fit. Kagin, as a non-academic building, can also make it a good home. The amount of glitter and legos that can be found there also suggests that Ramsey Middle School is a suitable location. Our options are many.

In the end, it’s good that the Idea Lab exists. I know people who love space, and there are many ways our community uses it. I’ve touched a bit on the academic use of the Idea Lab, but for the most part it’s a non-academic place: it’s generally used as a low-stakes, relaxed creative environment where students can go relax. On the contrary, our campus could benefit from more of these spaces. It just doesn’t belong in a university library.

MUTUAL INSURANCE: DELAY IN FILING OF AUDITED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2021

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LAGOS. MARCH 3, 2022

DELAY IN FILING OF AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2021 AND 1ST QUARTER 2022 UNAUDITED FINANCIAL STATEMENTS

Mutual Benefits Assurance Plc. (Mutual Benefits Assurance or the Company) wishes to advise its valued shareholders, the investing public and key stakeholders that the Company will be unable to meet the March 31, 2022 deadline to file audited financial statements for the year ended on December 31, 2021 in accordance with the Listing Rules of the Stock Exchange.

The audit of the financial statements is at an advanced stage, but in view of the COVID-19 pandemic which has necessitated restrictions on gatherings and remote working by key professionals involved in the audit exercise and preparation financial statements, we were unable to complete the audit exercise as planned.

Additionally, we are an entity subject to a lead government regulator (the National Insurance Commission), which means that after the completion of the audit exercise, prior approval from the regulator is required before the results can be released. can be made public.

Considering the factors above, we do not expect the primary regulator to have approved the audited financial statements by March 31, 2022.

The results will be published as soon as we have obtained approval from the main regulator.

As a consequence of the above, it is expected that the unaudited financial statements for the 1st quarter of 2022 will also not be made available to the public in accordance with the listing rules of the Exchange.

The delay is because, in accordance with the Exchange’s Financial Reporting & Periodic Disclosure Rulebook, an issuer must not announce an intermediary account without first filing its latest audited financial statements.

Results will be released as soon as we file the 2021 audited financial statements.

Thank you.

JIDE IBITAYO

CORPORATE SECRETARY/

JURAL ADVISOR

Mutual Benefits Assurance Plc. has a portal dedicated to investors on its corporate site accessible via this link https://www.mutualng.com/plc/about-investor

The Company’s Head of Investor Relations can be contacted by email at [email protected] or by telephone at; +2349054644444 for any investment relationship request.

Warning

Mutual Benefits Assurance plc published this content on March 03, 2022 and is solely responsible for the information contained therein. Distributed by publicunedited and unmodified, on March 03, 2022 17:00:09 UTC.

NAIC Evaluates Private Equity Involvement in Insurance Industry | Locke Lord LLP

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The National Association of Insurance Commissioners’ (“NAIC”) Macroprudential Working Group (“MWG”) examines the influence of private equity firms on the insurance industry. The MWG recently approved a list of “regulatory considerations” that the MWG will review and consider. The list can be found here, and MWG’s comments can be found here.

The group is chaired by Justin Schrader, the chief financial examiner for the Nebraska Department of Insurance. According to Schrader, there are currently other NAIC groups and task forces also working on private equity issues and initial meetings will be held to coordinate efforts between the groups.

According to the latest NAIC Capital Markets Special Report, private equity firms owned 117 insurers at the end of 2020. Private equity firms accounted for $487 billion in BACV [book-adjusted carrying value] of total cash and invested assets, compared to approximately $344 billion at the end of 2019. In addition, the BACV of total cash and invested assets for insurers held by PEs represented 6.5% of the 7 .5 trillion dollars from the US insurance industry at the end of 2020. Currently, private equity firms control a relatively small number of insurers, although their share has increased year on year. Statistics from the NAIC Capital Markets Special Report.

UK listing opens doors for Neometals

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Neometals now has direct access to European capital markets and the City of London after its shares began trading on the UK’s AIM market, completing the battery metal recycling company’s dual listing. Immediately after the listing, which raised no additional capital, Neometals shares on the ASX traded from $1.20 before listing to $1.48 at the close of trading on Wednesday.

Neometals is moving into clean energy, battery metals and advanced materials with its proprietary green process technologies aimed at generating projects in the energy storage commodity markets.

The company hit a major milestone in December last year when it commissioned its first commercial lithium-ion battery recycling plant in Hilchenbach, Germany, with joint venture partner engineering titan SMS. Group. Joining AIM is a crucial new step for the company in its European ambitions.

Full-time operations in Germany are expected to start this quarter when the plant is expected to safely recycle up to 10 tonnes per day of battery-grade metal sulfate chemicals into the production of new batteries.

Having a battery recycling asset in Germany, the heart of European clean energy production, is likely to attract interest from UK AIM investors given its geography and the global appetite for green energy.

The latest development follows a number of other significant investment decisions over the past 12 months for Neometals, which said the listing was aimed at maximizing liquidity and better capitalizing on substantial interest from UK investors and in its role of supporting sustainable battery value chains.

According to management, it has a growing suite of sustainable downstream, recovery and recycling projects, supporting the global transition to more circular supply chains and cleaner energy.

Neometals Managing Director Chris Reed said: “We are delighted to begin trading on AIM. With this listing, we look forward to broadening our shareholder base by offering a differentiated investment opportunity and providing UK and European investors with a means to gain exposure to projects at the heart of recycling and decarbonisation of supply chains associated with the electric vehicle and energy storage sectors.

In another late 2021 announcement, Neometals signaled a sizzling entry into the electric vehicle, or “EV” battery recycling market in North America after the 50:50 joint venture it created with SMS Group, Primobius GmbH, has signed an agreement to market its recycling. technology with Canadian steel giant Stelco Holdings. According to Neometals, the region is the fastest growing sector for lithium battery production.

The scale and scope of the recycling plant can be extended to include a sustainable hydrometallurgical refinery to recover and regenerate battery-grade metal sulfate chemicals for reuse in the production of new batteries, the company said. .

In Portugal, the company markets a proprietary process to produce lithium hydroxide from lithium solutions by electrolysis. It is a more efficient method that avoids the expensive, carbon-intensive reagents used in traditional chemical conversion.

Broadening its focus on the City of London Money Markets ahead of major investment decisions could be seen as a wise move for a company with very advanced European plans, especially those in the energy supply chain area. own.

Is your ASX-listed company doing anything interesting? Contact: [email protected]

G1 Therapeutics Announces Incentive Grants Under Nasdaq Listing Rule 5635(c)(4)

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RESEARCH TRIANGLE PARK, NC, March 01, 2022 (GLOBE NEWSWIRE) — G1 Therapeutics, Inc. (Nasdaq: GTHX), a commercial-stage oncology company, today announced the grant of exercisable incentive stock options for a total of 10,800 shares of G1 common stock and a total of 8,800 stock units (RSU) to four employees hired under G1 Therapeutics, Inc. 2021 Sales Force Inducation Equity Incentive Plan (“Sales Force Incentive Plan”). These stock awards were granted as an incentive for the new employee to become an employee of G1 pursuant to Nasdaq listing rule 5635(c)(4).

The Incentive Plan and the Sales Force Incentive Plan are used exclusively to grant stock awards to individuals who were not previously employees of G1 (or after a period of good faith Non-Employment), as inducement material for such person’s entry into employment with G1, pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules.

The stock options are exercisable at a price of $10.05 per share, the closing price of G1 common stock on March 1, 2022, the date of grant. Each stock option has a maximum term of ten years and vests over four years, with 25% of the award vesting on the employee’s first anniversary of employment, and 1/48th of the additional shares monthly thereafter, subject to service until applicable vesting dates (subject to the terms and conditions of the stock option agreement covering the award). PSUs have a four-year term, with 25% of the award vesting on the employee’s first anniversary of employment and the remainder vesting 12.5% ​​semi-annually over the remaining three years. Stock options and PSUs are subject to the terms and conditions of the Sales Force Incentive Plan.

About G1 TherapeuticsG1 Therapeutics, Inc. is a commercial-stage biopharmaceutical company focused on developing and commercializing next-generation therapies that improve the lives of people affected by cancer, including the Company’s first commercial product, COSELA™ (trilaciclib) . G1 has an extensive clinical pipeline and is executing an independent tumor development plan evaluating COSELA in a variety of solid tumors including colorectal, breast, lung and bladder cancers. G1 Therapeutics is based in Research Triangle Park, NC For more information, please visit www.g1therapeutics.com and follow us on Twitter @G1Therapeutics.

G1 Therapeutics™ and the G1 Therapeutics logo are registered trademarks of G1 Therapeutics, Inc.

Contact:

Will RobertsG1 Therapeutics, Inc.Vice President, Investor Relations and Corporate Communications(919) 907-1944 [email protected]

main logo

Source: Therapeutic G1

European stocks tumble as Russian market closes for second day

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European stocks fell on Tuesday as attention continued to focus on Russia’s isolation from global financial markets following its invasion of Ukraine.

The Stoxx Europe 600SXXP,
-2.37%,
which ended down just 0.1% on Monday despite heavier losses early in the day, slipped 2.4%.

Renault RNO car manufacturer,
-11.23%,
the German lender Commerzbank CBK,
-11.20%
and the Irish carrier Ryanair RYA,
-10.09%
were among the companies experiencing steep declines.

The German DAX DAX,
-3.85%
and the French CAC 40 PX1,
-3.94%
each fell nearly 4%, while Britain’s FTSE 100 UKX,
-1.72%
lost 1.7% as the index’s bias towards commodity producers helped limit the damage.

As stocks struggled, bonds soared. The yield of the 10-year German Bund TMBMKDE-10Y,
-0.073%
turned negative for the first time in a month. The UK 10-year gilt yield TMBMKGB-10Y,
1.096%
fell 26 basis points.

Heavy fighting continued in Ukraine, with the country’s second largest city, Kharkiv, having been bombarded. Russia also said it was about to launch missile strikes on Kyiv, the capital. Russia’s Central Bank kept the local stock market closed for a second day after the United States banned transactions with it. The central bank on Monday raised interest rates to 20% from 9.5%.

Rheinmetall RHM,
+17.22%
rose for the second day, gaining 18%, after Germany announced it would spend 100 billion euros to strengthen its armed forces. Thales HO,
+5.15%
and BAE Systems BA,
+3.70%
also saw a second day of gains.

Oil companies including Aker BP AKRBP,
+8.30%
and Equinor EQNR,
+7.58%
surged as CL.1 oil prices,
+10.23%
dope.

The good, the bad and the ugly

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Thailand is currently experiencing a boom in online shopping. One of the main drivers of this growth has been the Covid pandemic, which has increasingly made it necessary to purchase goods and services from home. This has led to a surge in purchases of products such as groceries, fashion, beauty and electronics.

Another reason for this continued growth is the growing convenience of shopping online, including increased reliance on the main online shopping platforms: online marketplaces. Online stores such as Lazada and Shopee have increasingly won over Thai consumers with their wide selection of products and the convenience of shopping with them.

This has led to an ever-increasing number of brands using and relying on these platforms to reach consumers and drive sales. But how does this affect their marketing mix and what considerations should be made when using marketplaces as part of the digital marketing mix?

Good

Let’s start by thanking the marketplaces. They played a pivotal role in encouraging first-time online shoppers to give it a try. Lazada and Shopee have been the main promoters of the online shopping experience and have really helped transform the perception of online shopping.

By focusing on operations, they made it easier for customers whose past perceptions of online purchases may have been skewed towards negative impressions related to issues such as the authenticity of products purchased, whether or not they arrived. of the product and what would happen if there was something wrong with their order.

Marketplaces have offered consumers a wealth of choice and transparency. At the same time, they enabled customers to pay for goods with methods they are already familiar with and enabled them to track the status of their deliveries through internal distribution networks and 3PLs.

For sellers, they offer almost instant access to a very large audience of buyers. This has allowed not only big brands, but also struggling retailers to have an online presence with little or no experience building online stores. This gives them access to thousands of potential customers and immediate sales without the marketing costs and resources otherwise required. Thus, marketplaces have become a natural part of Thailand’s online sales strategy.

This is a channel that you cannot ignore or at least ignore at your peril.

The bad

However, all is not rosy.

From the customer’s perspective, even though purchasing touchpoints are through the Marketplace, any order issues are escalated directly to stores that have varying degrees of customer service experience. It can make it a bit hit or miss if you receive a satisfactory resolution to an issue.

However, it is when looking at the vendor side that the most glaring problems appear.

First, there are leaks. When customers browse a store’s products, they are exposed to a large amount of leaks, which means marketplaces push similar products from competitors on the same page. Anyone who has visited one of these sites will be familiar with features such as “recommended products” or “people also viewed” ads, which can distract customers and even drive them away from selling from that seller.

Being in a marketplace with potentially hundreds of other stores selling similar products can also dilute your listings. Also, if other sellers are perceived to have a much lower price, this could be a problem. There have been reports of sellers on these platforms selling counterfeit or counterfeit products which are cheaper and due to this, the genuine retailer is losing sales.

It’s also not entirely free. Marketplaces charge at least a percentage fee on each sale made. Add that to the logistics costs they charge for holding and shipping the product and it can all eat into margins. And that’s not even taking into account the extra budget needed to pay for better placements to increase visibility.

Some may think that all it takes is to get the products listed, then sit back and watch the orders come in. No, it doesn’t work like that. As with everything, success takes effort. This can easily turn into a full-time job to simply support the general operation of maintaining a presence in one or more markets. But it’s getting worse.

The ugly one

There is another problem that weighs even more heavily. From a store perspective, the most critical issue in driving all sales through marketplaces is the fact that they never own the customer, the experience, or the transaction. All data collected belongs to the marketplace, and any remarketing, customer engagement or otherwise must go through them.

You also have no control over the shopping experience. It is completely controlled by the market. There is the possibility of interacting with the customer via chat, for example, but this is only possible via its ecosystem. Also, if there are any issues with a particular order, it can easily turn into a blame game between the marketplace and the store.

Algorithms can also be a problem. They decide what visitors see and when. One day, a brand may appear at the top of search listings for a product, then the next may disappear from the page entirely due to a change in the algorithm or listing structure. There is nothing the store can do and such drastic changes could potentially put stores out of business.

Related to this is data mining which marketplaces spend a lot of resources on. Many of these projects are innocent enough in that they are there to learn customer behavior on the site and help recommend products related to a customer’s interests. However, some analyze which products sell and are the most popular. That might not seem like a big deal, but what was happening on Amazon in the United States, for example, was that once they knew what was selling, they sourced and made the products. They overprice and outcompete other sellers to gain competitive advantages. In other cases, sellers were increasingly squeezed on their margins as their dependence on the market made them vulnerable.

We wonder if it will be the same in this region, especially for brands totally dependent on marketplaces.

The overreliance on using marketplaces ultimately means that the store turns into a supplier rather than a brand. The market controls the experience, the transaction and the relationship. Moreover, with the increasing dominance of brands, they are starting to become destination sites for consumers. Without stores collectively competing for market share in their direct channels through their own marketing, they may struggle to get a piece of the online sales pie, or at least struggle to be the ones who actually profit from it. .

What is the next step ?

From the customer’s perspective, marketplaces provide an all-in-one convenience hub or supermarket to find whatever one needs. Stick with reputable stores, read customer reviews, and you should be fine.

From a store perspective, there are many reasons, as above, why using marketplaces as the only channel to drive sales is not the right strategy. If they haven’t already, they should also consider growing their direct-to-customer (DTC) channel. Otherwise, their dependence on markets will only grow, making them vulnerable.

As an example of diversification, marketplaces charge a percentage commission for each product sold. Stores that are familiar with this business model can use it to their advantage. There are channels like affiliate marketing that allow the same payment model but at the same time allow the transaction to happen on their own platform. In this example, the store sets the commission rate. In other words, they can define the margin they are willing to give in commissions for these sales.

Stores should look to grow the DTC portion of their business through these marketing channels, complemented by social and potentially search activities. The store controls, not the other way around. They own the experience, the transaction, the data and ultimately the customer. This can then be supplemented with other channels like marketplaces as needed.

As e-commerce continues to thrive in Asia, it’s essential for brands to control their own channels. Own the customer, not the other way around.


About the Author: Anthony Quinn is the Managing Partner of Lodestar Marketing, which specializes in helping businesses launch profitable affiliate programs to drive sales from their direct-to-customer channel. He can be reached at https://lodestar-marketing.com

Anthony Quinn of Lodestar Marketing.

ESB and ESN will remain closed today on Mahashivratri

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Stock market holiday: Due to the Mahashivratri festival, there will be no stock market action today. Trading on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain suspended for the entire session on Tuesday, March 1, 2022. According to the List of Trading Holidays 2022, which is available on the official website of the BSE – bseindia.com – there will be no action in the equity segment, equity derivatives segment and SLB segment today.

Trading on the Commodity segment will remain suspended in the morning session from 9:00 a.m. to 5:00 p.m. but it will remain open in the evening session from 5:00 p.m.

Stock market holidays in March 2022

Mahashivratri is the second stock market holiday of 2022. The first stock market holiday of 2022 was on January 26 to commemorate the celebration of Republic Day. It is also first among the two stock market holidays in March 2022. The second stock market holiday in March 2022 falls on March 18, 2022 for the celebration of Holi.

Here is the full list of stock market holidays in 2022

Show full picture

Photo: Courtesy of ESB website

There will also be two stock market holidays in April 2022. These two stock market holidays fall on April 14, 2022 and April 15, 2022. On April 14, 2022, the stock market will remain closed for Mahavir Jayanti/Dr.Baba Saheb Ambedkar Jayanti while on April 15, 2022, the Indian secondary market will remain closed for good on Friday.

ESB and ESN will close today after an interval of more than a month, as the previous stock market holiday fell on January 26, 2022 for the celebration of Republic Day and there was no stock market holiday in February 2022.

After showing an excellent comeback on Friday, the Indian stock market posted another attempt at an upward rebound from intraday lows on Monday. NSE Nifty closed 135 points higher at 16,793 while BSE Sensex climbed 388 points and closed at 56,247 levels. However, the Nifty Bank index lost 225 points and closed at 36,205 levels. According to stock market experts, Nifty is currently positioned on the edge of crucial overhead resistance at around 16,800-17,000 levels (previous swing lows and 200-day EMA). Previously. this area offered crucial support to the market and resulted in a strong upside rally. After witnessing a decisive break down in this area last week, the market is now placed at the hurdle according to the concept of polarity shift.

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Mars4 metaverse listing on KuCoin

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Humans have always had the ambition to explore outer space. To this day, the moon landing remains etched in history. aIt’s one of the most beloved events of all time, one that continues to inspire more than half a century later.

Space travel is still far from universally available, so even the planets and moons of our solar system are beyond our reach without the hard work and effort of the world’s various space programs. Metaverse MARS4 aspires to bring this dream closer.

What is MARS4?

MARCH4 is a blockchain-based project consisting of three interconnected parts: NFTs, MARS4 dollars, and the game to come.

All of these elements will come together to create an interactive virtual Mars with a self-sustaining economy. Like many blockchain games, this will be a Play-to-Earn game where NFTs and tokens are used as tools to deliver a rich and exciting Mars experience to players.

With MARS4, you can own a unique terrestrial NFT on Mars, modeled after NASA Mars data. MARS4 land NFTs are already available for purchase and will be a crucial part of the upcoming game where their topography will shape the playable areas!

Landowners will be able to explore their territory and develop it by building stations, houses and exploiting the resources present.

KuCoin Listing and Staking

The MARS4 project expansion now sees the token listed on KuCoin. KuCoin is a trusted cryptocurrency exchange that is used by over 11 million traders worldwide.

This listing provides MARS4 customers with additional flexibility to buy and trade tokens.

Additionally, MARS4 has launched a staking program accessible from the project website. KuCoin’s listing schedule has aligned perfectly with the launch of the staking program, giving investors more options to choose from when purchasing MARS4 tokens.

It is also listed on SushiSwap, Bittrex and Mexc.

MARS4: NFT yield generator, play-to-earn game

MARS4 tokens will be used in the next game. The first playable version of the MARS4 game is expected to be released this year, Q3, while a web-based Mars Control Center will be accessible from Q1-Q2.

The browser-based Mars Control Center will allow NFT land owners to manage their assets: participate in the NFT marketplace, view owned NFTs, and collect revenue. MARS4 NFTs generate yield through the NFT economy.

This isn’t the only way to earn Mars4. Mars4 develops an exciting and immersive game that allows its players and owners to enjoy. There will be several ways to receive rewards from the game – both for landowners and landless players.

Players will work together to survive in the harsh Martian environment and produce everything from food and oxygen to assembling vehicles. These goods that players can provide to each other form the basis of the player-built in-game economy and can be bought and sold through the in-game market which uses the Mars4 dollar as its sole currency.

Players and landowners will also be able to create their own NFT creations using the planned dev kit to create additional exchangeable accessories and decorations for their survival habitats.

For landowners who do not wish to actively develop their land, they can appoint Land Managers to manage the development and leasing of their land to players.

Additionally, landowners benefit passively by receiving a small royalty on all transactions that are made on their land, encouraging them to develop their land and attract player-settlers as well as a royalty for all goods that are transported between players who cross their lands.

These systems combine to form an interconnected and thriving economy that helps players and landowners make Mars their own paradise.

Conclusion

MARS4 is growing rapidly and continues to attract more cryptocurrency exchanges. Being listed on KuCoin means an improved customer experience and more flexibility for users. Soon, humans will take their first steps on Mars.

Warning

All information contained on our website is published in good faith and for general information purposes only. Any action the reader takes on the information found on our website is strictly at their own risk.

Announcement of a new list of financial instruments – “CLN796” – SENS

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New Financial Instrument Listing Announcement – “CLN796”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement – “CLN796”

Stock Code: CLN796
ISIN Code: ZAG000184060

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN796 Senior Unsecured Mixed Rate Credit
Linked Notes due 31 March 2032 – sponsored by The Standard Bank
of South Africa Limited, under its Structured Note Programme.

Authorised Programme size ZAR80,000,000,000
Total notes issued
(including current issue) ZAR60,822,120,397.61
Full Note details are as follows:
Issue Date: 01 March 2022
Nominal Issued: ZAR30,000,000
Coupon Rate: Fixed Notes – From, and
including, 31 March 2026
until (but excluding) the
Maturity Date: 9.48% per
annum payable quarterly in
arrears, as per the
Applicable Pricing
Supplement
Floating Rate Notes – From,
and including, the Interest
Commencement Date to, but
excluding, 31 March 2026:
three month ZAR-JIBAR-SAFEX
plus 3.00% as per the
Applicable Pricing
Supplement

Coupon Indicator: Fixed Rate Notes – Fixed
Floating Rate Notes –
Floating

Interest Determination Dates: In respect of:

Fixed Rate Notes – Not
Applicable

Floating Rate Notes – Each
31 March, 30 June,
30 September and 31 December
of each year, commencing on
Interest Commencement Date
until (but excluding)
31 March 2026
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 March 2032
Interest Commencement Date: 01 March 2022
First Interest Payment Date: 31 March 2022

Interest Payment Dates: In respect of:

Fixed Rate Notes – From, and
including, 31 March 2026,
each 31 March, 30 June,
30 September and 31 December
until the Maturity Date,

Floating Rate Notes – From,
and including, the Interest
Commencement Date each
31 March, 30 June,
30 September and 31 December
until (and including)
31 March 2026
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Books Close: From each 26 March, 25 June,
25 September and 26 December
until the applicable
Interest Payment Date

Last day to register: By: 17:00 on 25 March,
24 June, 24 September and
25 December of each year, or
if such day is not a Business
Day, the Business Day before
each Books Closed Period
until the Maturity Date
Placement Agent: The Standard Bank of South
Africa Limited
Debt Security subject
to guarantee; security
or credit enhancement: Not Applicable

Additional Terms and Conditions: Investors should study the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific issuance.
Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.

Dated 28 February 2022

Sponsor – The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Johann Erasmus SBSA (Sponsor)
Email: [email protected]

Date: 28-02-2022 10:10:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.

NIO Inc. Announces Proposed Secondary Listing on Stock

0

SHANGHAI, China, Feb. 27 12, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO) (“NIO” or the “Company”), a pioneer and market-leading company in the premium intelligent electric vehicle market, today announced the listing proposed secondary of its Class A ordinary shares, with a par value of US$0.00025 per share (the “Shares”) by way of listing on the main board of the Stock Exchange of Hong Kong Limited (the “SEHK”) . The Company’s US Depositary Shares (the “ADS”), each representing one share, will continue to be primarily listed and traded on the New York Stock Exchange (the “NYSE”).

The Company received a letter of approval in principle of the listing application from the SEHK on February 28, 2022 (Beijing/Hong Kong time) for the listing of the Shares on the main board of the SEHK. The listing document relating to the proposed secondary listing of the Shares by way of an initial public offering to the Main Board of the SEHK was published on the website of the SEHK on February 28, 2022 (Beijing/Hong Kong time). Subject to final listing approval by the SEHK, the shares are expected to begin trading on the Main Board of the SEHK on March 10, 2022 (Beijing/Hong Kong time) under stock code “9866”. Shares will trade in board lots of 10 Shares. Upon listing on the Main Board of the SEHK, the Shares listed on the Main Board of the SEHK will be fully fungible with the ADSs listed on the NYSE.

With respect to the secondary listing offered on the Main Board of the SEHK, Morgan Stanley Asia Limited, Credit Suisse (Hong Kong) Limited and China International Capital Corporation Hong Kong Securities Limited act as co-sponsors. In addition, the Company has appointed Morgan Stanley Hong Kong Securities Limited as Designated Securities Dealer and China International Capital Corporation Hong Kong Securities Limited as Alternate Designated Securities Dealer to enter into transition agreements and other trading arrangements. in good faith and at arm’s length with a to facilitate liquidity to meet demand for our Shares in Hong Kong and to maintain an orderly market for a period of 30 calendar days, commencing 9:00 a.m. on March 10 2022 (Beijing/Hong Kong time).

This press release does not constitute an offer to sell or the solicitation of an offer or an invitation to buy securities of the Company, and there will be no offer or sale of the securities in any state or other jurisdiction in which a such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

We have made arrangements with our principal share register in the Cayman Islands and the Hong Kong share register for the withdrawal of a portion of our Class A ordinary shares (which includes the shares underlying our ADSs) from our Cayman share register and their transfer to our Hong Kong shares register at no additional cost to shareholders prior to registration. Please refer to the section entitled “Marketplace Provisions to Facilitate Transactions in Hong Kong” of the Listing Document for further details.

About NIO Inc.

NIO Inc. is a pioneer and leading company in the premium smart electric vehicle market. Founded in November 2014, NIO’s mission is to shape a joyful lifestyle. NIO aims to build a community from smart electric vehicles to share joy and grow with users. NIO jointly designs, develops, manufactures and sells premium smart electric vehicles, driving innovations in next-generation technologies in autonomous driving, digital technologies, electric powertrains and batteries. NIO is differentiated by its continuous technological breakthroughs and innovations, such as its industry-leading battery swap technologies, Battery as a Service, or BaaS, as well as its proprietary Autonomous Driving and Autonomous Driving as a Service technologies. , or ADaaS. NIO launched the ES8, a premium seven-seat smart electric SUV in December 2017, and began deliveries of the ES8 in June 2018 and its variant, the six-seat ES8, in March 2019. NIO launched the ES6, a five-seater premium high-performance smart electric SUV, in December 2018, and began deliveries of the ES6 in June 2019. NIO launched the EC6, a premium smart electric coupe SUV five-seater, in December 2019, and began deliveries of the EC6 in September 2020 NIO launched the ET7, a flagship premium electric smart sedan, in January 2021. NIO launched the ET5, an electric sedan mid-size premium smart phone, in December 2021.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by terms such as “will ‘, ‘expects’, ‘anticipates’, ‘aims’, ‘future’, ‘intends’, ‘plans’, ‘believes’, ‘estimates’, ‘is likely to’ and similar statements. NIO may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. . Statements that are not historical facts, including statements about NIO’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including, but not limited to, the following: NIO’s strategies; the future business development, financial condition and results of operations of NIO; NIO’s ability to develop and manufacture a car of sufficient quality and to please customers on time and at scale; its ability to secure and expand manufacturing capabilities, including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; the viability, growth potential and prospects of new BaaS and ADaaS; its ability to improve technologies or develop alternative technologies to meet changing market demand and industry development; NIO’s ability to meet mandatory motor vehicle safety standards; its ability to navigate the evolving and complex regulatory environment, including various laws, regulations and regulatory requirements relating to cybersecurity, privacy, data protection and information security; its ability to secure the supply of raw materials or other components used in its vehicles; its ability to secure sufficient reservations and sales for ES8, ES6, EC6, ET7 and ET5; its ability to control the costs associated with its operations; its ability to build the NIO brand; general economic and business conditions globally and in China and assumptions underlying or relating to any of the foregoing. Further information regarding these and other risks is included in NIO’s filings with the SEC and in the listing document posted on the SEHK’s website. All information provided in this press release is as of the date of this press release, and NIO undertakes no obligation to update any forward-looking statement except as required by applicable law.

For more information, please visit: http://ir.nio.com

Investor Relations

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Ranking the 6 players the Miami Dolphins need to target

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The Miami Dolphins hoped the decision to sign Alabama quarterback Tua Tagovailoa in 2020 would bring luck and playoff appearances. Although the team has gone 19-17 over the past two years, the two-time Super Bowl champions have failed to reach the playoffs every year, and the jury is still out on whether or not Tagovailoa is the answer. at Miami.

Looking back, that’s pretty much what we should have expected all along.

Now, former San Francisco 49ers offensive coordinator Mike McDaniel is poised to save Tagovailoa’s career and earn Miami’s first playoff victory since 2000. He’s sure to have his work cut out for him.

On the eve of the league’s new year, now seems like the perfect time to analyze which players McDaniel and the Dolphins should pursue in free agency. For this list, we’ve tried to focus on the Dolphins’ most important needs and find the players who best fit those holes. This list only includes players who are due to become unrestricted free agents in March; restricted free agents, cap losses and little-known draft prospects who are unlikely to be drafted were all ineligible.

Based on the aforementioned prerequisites, the top potential free agents for the Dolphins rank as follows:

Honorable mentions: David Njoku, TE, Cleveland Browns, and Rasul Douglas, BC, Green Bay Packers

Although the Dolphins have the cap of space to sign Douglas and Njoku, we list them as honorable mentions because they are not needed yet. Miami is only expected to pursue Douglas if All-Pro cornerback Xavien Howard demands another trade. Similarly, the Dolphins shouldn’t turn their eyes to Njoku, a former Miami Hurricanes standout, unless Mike Gesicki is walking around in free agency.

If Gesicki doesn’t return, the Dolphins could also choose to sign another starting-caliber tight end, like CJ Uzomah from the Cincinnati Bengals or Dalton Schultz from the Dallas Cowboys. However, the Dolphins may be in the best position to find the Penn State product’s long-term replacement in the upcoming draft.

6. Zay Jones, WR, Las Vegas Raiders

Do you know what the Miami Dolphins need in free agency? Receivers. We could have easily devoted this entire list to six or 10 or 15 receivers the Dolphins should sign this offseason because, outside of the dynamic Jaylen Waddle, the current picks are relatively thin. After only having 41 catches combined from 2019-2020, Jones broke out for 47 catches, 546 yards and a touchdown for the Raiders last season.

At 6-foot-2, 200 pounds, the East Carolina product would bring needed size to a Dolphins offense that desperately needs playmakers. Miami would be wise to pursue the veteran wide if the Dolphins can find him. cheap after his strong 2021 campaign. Jones will play the full 2022 season at 27 and could still have plenty in the tank.

5. Raheem Mostert, RB, San Francisco 49ers

Before we dive into Mostert, it’s worth noting that two-time Pro Bowler James Conner makes a lot of sense for the Dolphins. However, the Pittsburgh product will likely be a household name in the free agent market, and Miami doesn’t need to engage in a bidding war to reclaim deadly power.

Instead, Miami should consider a reunion with Mostert, who played for McDaniel on the 49ers from 2017-21. time with the team as an undrafted rookie in 2015.

Mostert will likely be extremely cheap after missing almost the entire 2021 season with a knee injury. Given his familiarity with McDaniel’s offense, the former Purdue player is an excellent candidate for a one-year contract in Miami. However, the Dolphins must dedicate one of their draft picks to finding a running back in April.

4. Jadeveon Clowney, EDGE, Cleveland Browns

Clowney has quietly had an impressive rebounding season for the Browns, totaling nine sacks, 11 tackles for loss and forcing two fumbles in 14 games. The three-time Pro Bowler will play the entire 2022 season at age 29 and could be looking for one last major contract.

Interestingly, Clowney was linked with the Dolphins in 2019 and 2020, but refused to play for them both times. Could the third time be the charm? It’ll be a fascinating pairing if the veteran passer is willing to play for a team that isn’t guaranteed to compete for a playoff spot.

3. Laken Tomlinson, G, San Francisco 49ers

Unlike Mostert, Tomlinson could realistically return to the 49ers next season. However, until the Duke alum officially signs his new contract, let’s not rule out a reunion with McDaniel in Miami.

Tomlinson won Pro Bowl honors for the first time in 2021 and has been a regular left guard since joining the 49ers in 2017. If Miami is serious about keeping Tagavolia on its feet, the Dolphins would be wise to invest in Tomlinson, who will turn 31 three days before Super Bowl 57. It is not yet known if he will play in the Big Game next year.

2. Tre’Quan Smith, WR, New Orleans Saints

We won’t blame Dolphins fans for wanting a marquee receiver like Green Bay Packers star Davante Adams or Los Angeles Chargers star Mike Williams in free agency. The problem is, the Dolphins can’t sell those types of players in the current quarterback situation. Money speaks for some, but victory and stability win out for others.

Instead, McDaniel and his friends might want to turn to Tre’Quan Smith, who grew up about an hour north of Boynton Beach’s Hard Rock Stadium and played collegiate for UCF. The 26-year-old had 112 catches for 1,486 yards and 17 touchdowns in 51 games and 29 starts with the Saints.

Smith isn’t the sexiest name, but he’s shown signs of being an explosive player and could be a welcome addition to the Dolphins’ offense. With all the talk of reunions, keep an eye out for this potential homecoming.

1. Terron Armstead, LT, New Orleans Saints

Should the Miami Dolphins sign left tackle Terron Armstead? | Fred Kfoury III/Icon Sportswire via Getty Images

Remember when we talked about the Dolphins needing receivers? Add an offensive line to that list, and Saints left tackle Terron Armstead would be a perfect fit for Miami. Although the three-time Pro Bowler played just eight games last year and turned 31 in July, he remains on track to land a lofty free agency contract.

The Dolphins could surround Tagovailoa with clones of Barry Sanders, Jerry Rice and Rob Gronkowski. In fact, they could sign the real Gronkowski. But if Miami doesn’t devote significant resources to keeping Tagovailoa on its feet, neither he nor McDaniel will stick around for too long.

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Etsy’s new make-to-order is missing a key ingredient

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Etsy launched a new tool for sellers of digital goods on Wednesday that felt like a game changer, but to sellers’ dismay, the make-to-order feature is missing a key ingredient.

Etsy offers a simple tool for sellers offering digital goods (such as a file containing artwork that the buyer can download and print themselves). But until this week, Etsy didn’t offer an automated solution for sellers who offer personalization — for example, files where buyers select colors or custom text that require the seller to personalize the digital file after purchase.

The Workaround before The new feature launched this week was to list made-to-order digital downloads as physical goods – that way sellers had time to customize the file. The only problem: there were no tracking numbers to upload since the files were sent electronically.

It wasn’t ideal, but when Etsy launched the Star Seller program in July, it became a big problem – sellers who do not upload 95% tracking numbers are not eligible for the Star Seller program. Although there is an exemption for digital downloads, there is not for personalized digital downloads listed as physical goods, because Etsy explained in a separate announcement on Wednesday:

“Previously, some sellers listed digital on-order items as physical items, making them ineligible for Star Seller because shipping scores depend on tracking. With this new process, converting your listings from physical items to digital to order can help you earn your Star Seller badge.”

But Etsy seemed to have forgotten one thing when it developed the MTO option: sellers who sold customizable files using this method had used the variations feature which required buyers to specify how they wanted to customize the file (for example, by selecting a color or Size).

Vendors say that the new MTO feature has no variations feature.

A seller who manages the JustArtinAround Etsy shop Explain that she sent MTO files to customers but also spent money to send a thank you note so she could upload a tracking number so she could qualify for the Star Seller program, she So was thrilled when she saw the new feature:

“For months we’ve been sending a thank you note for every MTO printable file to customers so we can provide follow-up and not get penalized in the Star Seller program. We ate that cost and didn’t pass it on to our clients.

“I was thrilled to see the announcement that MTO digital files are finally a thing on Etsy and we won’t need to ship thanks anymore! However, when I converted all of our MTO printable listings yesterday, I Didn’t notice that the variations disappeared.

“Before, customers could select their size and style from the list of ‘physical’ printable files, and that no longer exists.

“I hope this variation option comes back as soon as possible, because I will be spending hours today going back to the old way (shipping) so that customers can choose variations in order to purchase our products. “

Another vendor, PiggyBankParties, Explain:

“I’m disappointed that the variation option isn’t available for made-to-order digital products. We personalize (or personalize) a few digital products with color rather than text. Variations allow us to offer our customers 40 different color combinations.

“Without variations, we would only be able to offer 5 color combinations, as the additional expense of maintaining 40 listings is not cost effective.”

Etsy has released information about the new on-order digital SEO experience on Wednesday. Tell us what you think!

Nigeria: 12 things to know about Seplat’s $1.3 billion deal to take over Mobil Nigeria

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The agreement will increase Seplat’s production to 146,000 barrels of oil equivalent per day from 51,000.

Seplat Energy, the largest listed oil and gas company in Nigeria, agreed to buy the shallow water business of Exxon Mobil’s Nigerian subsidiary known as Mobil Producing Nigeria Unlimited (MPNU) for approximately $1.3 billion.

This is the latest of similar deals involving multinationals like Shell and Exxon offloading its onshore and shallow water assets in Nigeria to local companies, preferably for deep water fields, after years of pollution and community issues, and in an effort to embrace cleaner energy.

Here are 12 quick things to know about the deal:

1. The agreement could reach 1.6 billion dollars on the assumption that 300 million dollars could be added to the initial sum under certain conditions at the time of the conclusion of the transaction.

2. The contingent consideration of $300 million is payable between January 1 and December 31, 2026.

3. Exxon Mobil is not offloading all of its Nigerian assets, only its offshore operations into a joint venture held with NNPC, where it has a 40% stake. The company operates another unit in Nigeria called Esso Production Nigeria Limited, which focuses on deepwater activities. .

4. The proposed acquisition is the first of its kind since the Nigerian government signed the Petroleum Industry Act.

5. MPNU holds four oil mining leases comprising OMLs 67, 68, 70 and 104. It owns the Qua Iboe Terminal, one of the largest export facilities in Africa’s largest economy. It has a 51% interest in the Bonny River terminal and the natural gas liquids recovery plants at EAP and Oso. These will be taken over by Seplat.

6. MPNU will operate as an independent subsidiary of Seplat. But the latter, after obtaining regulatory approvals, will align MPNU with its overall strategic objectives and ESG objectives.

7. Seplat’s current cash resources and borrowings will partially fund the purchase, while a $550 million senior term loan facility and a $275 million junior draw down facility make up the balance.

8. A consortium of local and offshore lenders as well as commodity trading companies will finance the transaction.

9. Seplat, listed in both Lagos and London, will be mandated to submit a new request for admission to official listing on the London Stock Exchange when the transaction is consummated due to the nature of the reverse takeover transaction, according to UK Registration Rules.

ten . Seplat will pay $128 million according to the terms and conditions which will be returned to it in the event of termination of the contract by Seplat in certain circumstances.

11. The transaction takes effect on January 1, 2021 and will be finalized in the second half of this year.

12. The agreement will increase Seplat’s production to 146,000 barrels of oil equivalent per day from 51,000. It also includes significant undeveloped gas potential.

Japanese Stock Exchange JPX Invests in Digital Asset Markets, Gold Token Vendor Mitsui – Ledger Insights

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Today, the Japan Exchange Group (JPX) announced that it has invested 360 million yen ($3 million) in Digital Asset Markets (DAMS), giving it a 23.7% stake. The startup has been registered as a crypto-asset exchange in Japan for a year. It is currently the only outlet for Zipangcoin, a gold-backed digital asset issued by Mitsui & Co Digital Commodities that launched earlier this month.

The founder and major shareholder of DAMS is Intertrade, which provides trading systems for JPX’s Tokyo Stock Exchange. Mitsui & Co is also an investor in DAMS.

The founders of Intertrade previously stated, “Notwithstanding the pros and cons of virtual currencies, INTERTRADE believes that blockchain technology will change the way the world works just as the internet has, and a new era is approaching when we will see a steady stream of new services being launched based on blockchain technology. She therefore decided to be at the forefront of this movement by creating DAMS.

Although DAMS is initially the sole selling point of Zipangcoin, Mitsui & Co plans to expand token sales to other cryptocurrency exchanges, although we believe DAMS is the primary partner. We already wrote about Zipangcoin earlier this month.

The purpose of Zipangcoin is to provide an inflation hedge that consumers can use without the need for a large investment. However, it is also intended to be used as a means of payment.

Mitsui & Co aims to issue 2 billion yen ($17 million) of tokens in the first year and 12 billion yen ($104 million) over three years, with a maximum issuance of $337 million.

The symbolic price is approximately tied to the price of physical gold on the London Metal Exchange (plus fees), and Mitsui will purchase the equivalent physical gold. One Zipangcoin (ZPG) is equivalent to one gram of gold. Initially, the token is not exchangeable for physical gold, but there are plans to do so in the future. We imagine that a token holder might need a significant amount of gold for redemption. Otherwise, it could be quite costly for Mitsui to ship a bunch of gold coins.

If DAMS or Mitsui & Co Digital Commodities goes bankrupt, various safeguards are in place. For example, if Mitsui & Co Digital Commodities fails, this would trigger the payment of a bank guarantee to DAMS in a trust account for coin holders.

Coins are issued on BitFlyer’s “miyabi” enterprise blockchain.

Last week, JPX said it was exploring blockchain for green bonds.

Meanwhile, this week, other exchanges also announced digital asset activities. The London Stock Exchange Group has acquired trading technology provider TORA, citing one of the motivations as TORA’s ability to provide access to digital assets as well as conventional asset classes. And ICE, the parent company of the NYSE, has invested in security token startup tZERO.


Apple Watch Series 7 at the lowest price of 2022

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Apple

Why buy

  • Bigger, brighter screen
  • On-screen QWERTY keyboard
  • Faster charging
  • Improved user interface

This year’s entry in the high-end Apple Watch series, the Apple Watch Series 7, has many of the same features as the Series 6, with the main difference being the larger screen, which is around 20% bigger. Of course, the Series 7, which we crowned best smartwatch overall, is quite expensive, being the premium Apple product that it is, although luckily you can get it now on Amazon at a discount reduced from $349. And surprisingly, it’s cheaper now than it was during Black Friday, according to price-tracking website camelcamelcamel.com.

It’s hard to overstate the size of an upgrade to the larger screen, especially when it comes to everyday use, like reviewing messages, which are now easy to find and navigate. read. The bigger screen also means bigger buttons, and for those who often have a problem with the wrong press, this will be a pretty significant upgrade. Of course, this all ties into the new WatchOS 8, which comes with its own set of new upgrades, including things like the Breathe app and improvements to overall fitness tracking functionality. That being said, there aren’t any significant changes to the latter or anything new that’s specifically added, like pace features, sessions, and heart rate alerts, although the absence of those This shouldn’t be a deal breaker if you’re okay with The Basics.

Otherwise, there are many similarities between the Apple Watch Series 7 and the Apple Watch Series 6, and the Series 7 acts more like an incremental upgrade than anything else. If you already have Series 6 and want an upgrade, buying it in a trade probably makes the most sense. That way you get a bigger screen, 33% faster loading speed, and the few extra features of the upgraded design and OS without having to pay the full price of buying the watch from from zero. Of course, if you don’t have an Apple Watch then going straight to Series 7 is your best bet; even though the Series 6 is a little cheaper, the extra additions are well worth the difference.

When are the best Apple Watch Series 7 deals?

When it comes to electronics like the Apple Watch, there are usually three different days that tend to have the best deals: Prime Day, Black Friday, and Cyber ​​Monday. Out of these three, we have a good idea of ​​when two of them are, with Cyber ​​Monday falling on November 28 and Black Friday on November 25. Sure, deals tend to start in the days leading up to sales and a bit after, but generally you tend to find the best deals closer to the actual day. As for Prime Day, that one is a little harder to know because Amazon tends to keep it to itself until very close to Prime Day, although last year it happened on June 21st, we’re therefore likely to see it happen around this time as well.

That being said, if you can’t wait that long, we have deals; we’ve got a list of some of the best Apple Watch deals you’ll find so far. The list includes both the Apple Watch 7 and the Apple Watch SE, with the latter being the budget option if you’re not willing to spend around $350-$400 for the Series 7. Alternatively, we’ve other smartwatch deals you can check out if you’re not necessarily aiming for an Apple Watch, and that’s a much bigger list. We managed to find sales on everything, including the Fitbit Versa 2, the Garmin Venu, which is a great day-to-day fitness watch, and the Samsung Galaxy Watch 3, a great alternative to the Apple Watch series if you want something a little more upscale (and with a slightly lower price for premium).

Ultimately, if you’re looking for an Apple Watch Series 7, you should buy now because you’re unlikely to find a better deal until after the three events mentioned above. Even then, the difference might not be very significant.

We strive to help our readers find the best deals on quality products and services, and we choose what we cover carefully and independently. Prices, details and availability of products and offers in this article are subject to change at any time. Be sure to check that they are still in effect before making a purchase.

Digital Trends may earn a commission on products purchased through our links, which supports the work we do for our readers.

Editors’ Recommendations






What is the most expensive stock in the world in 2022? Top 10 list

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Did you know that the oldest stock exchange in the world was established in 1602, called the Amsterdam Stock Exchange? Today, investors are primarily interested in stocks, and even individual wealth is measured in stocks. So what is the most expensive stock in the world?

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These are the most expensive stocks in the world in 2022. Photo: Thana Prasongsin
Source: Getty Images

By offering stock instead of borrowing the capital needed for expansion, the company avoids incurring debt and paying interest charges on that debt. Investors can profit from buying stocks in two ways. First, some stocks pay regular dividends (an amount of money given for each stock someone owns).

What are the most expensive stocks right now?

Once a company goes public and its shares begin trading on the stock exchange, its stock price is determined by the supply and demand for its shares in the market. If there is a strong demand for its shares due to favorable factors, the price will increase. As a result, they are the most expensive stocks currently.

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1. Berkshire Hathaway / $465,515.00

Most expensive stock in the world
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. Photo: @BHHSRealEstate
Source: Facebook

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Is Berkshire Hathaway the most expensive stock? Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. Their equity is $465,515.00.

2. Lindt/ $112,026.71

Most expensive stock in the world 2022
The logo of Lindt, a Swiss chocolatier and confectioner, seen in downtown Sofia. On October 7, 2020, in Sofia, Bulgaria. Photo: Artur Widak
Source: Getty Images

Chocoladefabriken Lindt & Sprüngli AG, more commonly known as Lindt, is a Swiss chocolatier and confectionery company founded in 1845 and known for its chocolate truffles and chocolate bars, among other sweets. It is based in Kilchberg, where its main factory and museum are located. Their holdings total $112,026.71.

3. NVR, Inc./$4,636.58

What is the most expensive stock in the world in 2022?  Top 10 list
NVR, Inc. is a company engaged in building homes. Photo: Pavlo Gonchar
Source: Getty Images

NVR, Inc. has one of the most expensive stocks per share, which sells for $4,636.58. With 70 years of experience building quality homes and successful careers, NVR has developed its reputation for stability and accountability.

4. Seaboard Corporation/ $3,685.41

Read also

Africrypt: Everything you need to know about the founders and the BTC company

Most expensive stock in the world
Seaboard Corporation Multinational conglomerate company logo. Photo: Igor Golovniov
Source: Getty Images

Seaboard Corporation is a diversified multinational agribusiness and transportation conglomerate with integrated operations across multiple industries. In the United States, the company is primarily engaged in the production, processing and shipping of pork.

5.Amazon.com/$2,896.54

What is the most expensive stock in the world in 2022?  Top 10 list
Amazon.com, Inc. is an American multinational technology company focused on e-commerce, cloud computing, digital streaming, and artificial intelligence. Photo: @Orangebites.Technologies
Source: Facebook

Amazon.com, Inc. is an American multinational technology company focused on e-commerce, cloud computing, digital streaming, and artificial intelligence. It has been called “one of the most influential economic and cultural forces in the world” and is one of the most valuable brands in the world.

6. Alphabet Inc./$2,551.76

Most expensive stock in the world
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. Photo: @alphabetgoogl
Source: Facebook

Alphabet Inc. is an American multinational technology holding company that was created during the restructuring of Google on October 2, 2015 and became the parent company of Google and several former Google subsidiaries.

7. Booking Holdings Inc. – $2,469.83

Most expensive stock in the world
Booking Holdings Inc. is an American travel technology company organized in Delaware and based in Norwalk. Photo: @Michael11477553
Source: Twitter

Booking Holdings is the world’s leading provider of online travel and related services in more than 220 countries and territories through six leading consumer brands: Booking.com, Priceline, Agoda, Rentalcars.com, KAYAK and OpenTable, as well as only through a network of subsidiary brands such as Rocketmiles, Fareharbor, HotelsCombined, Cheapflights and Momondo.

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Top 10 richest families in America 2021: ranking of the richest

8. Autozone Inc./$1,794.28

What is the most expensive stock in the world in 2022?  Top 10 list
AutoZone, Inc. is an American aftermarket automotive parts and accessories retailer, the largest in the United States. Photo: @Michael11477553
Source: Twitter

AutoZone is the leading retailer and distributor of automotive aftermarket parts and accessories in the United States. They sell automotive and light truck parts, chemicals and accessories at AutoZone stores in 50 US states, plus the District of Columbia, Puerto Rico, Mexico and Brazil. Additionally, they deal with automotive diagnostic and repair software through ALLDATA, diagnostic and repair information through alldatadiy.com, and automotive and light truck parts and accessories.

9. Cable one/$1,396.44

What is the most expensive stock in the world in 2022?  Top 10 list
Cable One is a leading broadband communications provider committed to connecting customers and communities to what matters most. Photo: @Michael11477553
Source: Twitter

Cable One, Inc. is an American broadband communications provider. They are a former subsidiary of Graham Holdings Company. The company’s name and current orientation date back to 1997; before that time the company was known as Post-Newsweek Cable.

10. Markel Corporation/$1,221.73

Most expensive stock in the world
Markel Corporation is a holding company for insurance, reinsurance and investment operations worldwide. Photo: @MarkelCorp
Source: Facebook

Markel is a Fortune 500 holding company that operates a leading specialty insurer and has an impressive portfolio of product and service businesses. While Markel’s heritage is in insurance, they have evolved into much more today. They also provide services in reinsurance and investment operations worldwide.

Read also

Top of the most expensive watch brands in the world

Berkshire Hathaway is the most expensive stock in the world today. The success of all these companies is highly dependent on their stock prices, which change over time.

READ ALSO: List of South African millionaires who went broke | Where are they today?

What drives millionaires to go bankrupt? This is one of the questions many people ask when they hear about people who have gone from being rich to all-in.

Some of the ways to go bankrupt are overspending and financial responsibility. Briefly.co.za recently put together a list of South African millionaires who have gone broke.

Source: News in Brief

What is a no credit check loan?

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No credit check loans are loans where the lender does not check the borrower’s credit before approving and lending loans. These types of loans can be tempting if your credit is poor and you don’t qualify for other products. However, no credit check loans can be risky and are generally not well regarded as they tend to come with extremely high interest rates.

What is a no credit check loan?

A loan without a credit check is a loan that does not require a credit check. You might be tempted to apply if you don’t have the best credit and think you can’t be approved for other types of financing products. Here are some examples of loans without a credit check:

Payday loans

Payday loans are small, short-term loans that you can repay the next time you get paid. In most cases, you will pay them back within two to four weeks. These no credit check loans are designed to provide you with quick cash to hold you over until your next paycheck.

Installment loans without credit check

With no credit check installment loans, you borrow a lump sum of money and repay it over time via fixed monthly installments or installments. They usually come with larger loan amounts than payday loans and can be used to cover just about any expense.

Auto title loans

Auto title loans are secured loans that use your car as collateral. You give the lender title to your car in exchange for borrowing money. The amount you can receive will depend on the value of your car. Most lenders will let you drive your car while you pay off the loan. If you default on a car title loan, the lender can repossess your vehicle.

Secured credit cards

You cannot be approved for a traditional unsecured credit card with bad credit. This is where secured credit cards come in – some issuers don’t do credit checks for them. When you sign up for a secured credit card, you make a cash deposit which is usually equal to your credit limit. The credit card issuer will take your deposit if you do not pay your bill.

Co-signer loans

If you don’t qualify for a loan on your own, ask a trusted friend or family member to be your co-signer and apply for a loan with you. You’re more likely to be approved and earn a great interest rate if you have a co-signer with good or excellent credit. Just be sure to repay the loan so you can improve your credit and not leave your co-signer responsible for the payments.

Why are no credit check loans a bad idea?

Although no credit check loans may seem like a great option, you should avoid them if possible. Their sky-high interest rates lead to high payments, which can land you in a cycle of debt and wreak havoc on your credit. You may find that a loan without a credit check does more harm than good for your long-term financial situation.

Many no credit check loans are considered predatory loans because the exorbitant interest rates can trap people in a cycle where they will never be able to repay the loan. Some lenders also add additional fees that make it even more difficult to get your finances back in order. Many no credit check loans turn out to be scams. Finally, since this type of loan does not build your credit, you lose the possibility of having your payments contribute to increasing your credit score.

Can I get a loan with bad credit?

You don’t have to turn to a no credit check loan if you have bad credit. Fortunately, there are many lenders who accept borrowers with bad credit. They may look at factors other than your credit to determine if they should approve you for a loan, such as your income, work history, and debt-to-equity ratio.

What are the alternatives to loans without credit check?

There are several alternatives to no credit check loans that can give you the funds you need, even if you have bad credit or no credit. Here is a brief overview of them.

Bad credit lenders

A number of lenders specialize in providing money to borrowers with bad credit. If you go with a bad credit lender, you may be able to get a relatively low interest rate for someone with less than stellar credit.

credit unions

Compared to banks, credit unions often have lenient requirements. As long as you are a member, you may be able to get approved for a loan from a credit union, even with bad credit. Credit unions will likely look at your overall financial situation in addition to your credit. In addition, the interest rate they can charge is capped at 18%.

Alternative payday loans

Alternative payday loans (ALPs) are small, short-term loans offered by some federal credit unions. They are generally more affordable than traditional payday loans and come with longer repayment terms. If you apply for PAL, a credit union will ask you for proof of your income to ensure that you can repay your loan.

Secured loans

Secured loans are backed by collateral, which is something valuable that you own. Collateral can be a physical asset such as a house, car or boat. It can also be a cash deposit. Since secured loans are less risky for lenders, you can get approved for a loan with bad credit. The caveat, however, is that the lender can seize your collateral if you fail to repay your loan.

The bottom line

If you have bad credit or no credit and need to borrow money, do not resort to a loan without a credit check. Instead, explore the alternatives available to you and think about the pros and cons of each. By choosing an alternative such as a loan from a lender with bad credit, you can save on interest and significantly reduce the overall cost of borrowing.

Learn more:

Pacific Current: First-half 2022 results and presentation to investors

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Tacoma // denver // sydney // melbourne

ASX ANNOUNCEMENT

February 25, 2022

HALF YEAR RESULTS OF THE PACIFIC CURRENT GROUP

Half-year ended December 31, 2021

SYDNEY (February 25, 2022) – Pacific Current Group (“PAC” or the “Company”) (ASX: PAC) is pleased to announce the Company’s interim results for the six months ended December 31, 2021.

STRONG POINTS

  • Underlying NPAT rose 26% to A$14.6 million.
  • Underlying revenue growth of 21%, driven by higher performance fees and fee income.
  • Fully franked interim dividend of $0.15 per share, up 50% from HY21.
  • FUM grew 16% to A$165 billion. Excluding the new investment in Banner Oak, FUM increased by 11%.
  • GQG is listed on the ASX, generating proceeds of A$59 million and a remaining stake valued at A$210 million as of December 31.
  • Revenue growth achieved despite only recognizing 4 months of GQG contributions in earnings due to the change in recognition of earnings from accrual to cash.
  • US$35 million investment in private property manager Banner Oak Capital Partners on December 31.

OPERATIONAL RESULTS

PAC’s underlying NPAT attributable to members for the six-month period increased by 26%, from A$11.6 million to A$14.6 million. This growth was fueled by a significant increase in performance fees, resulting in a 21% increase in underlying revenue. Underlying expenses remained stable compared to the previous comparable period.

Victory Park’s performance fees increased significantly during the period, in part due to contributions from several company-sponsored special purpose acquisition companies (SAVS). Victory Park was PAC’s largest revenue contributor during the period and posted the highest FUM growth rate in the portfolio.

FUM was up 16% in 1H22. Excluding the new investment in Banner Oak, FUM increased 11%. At the end of August 2021, PAC projected that its portfolio companies, excluding GQG, would receive A$3-8 billion in gross new commitments by the end of FY23. This target was later revised to rising from AU$5 billion to AU$8 billion. After six months, PAC’s non-GQG stores have received A$2.2 billion in gross new commitments.

Although underlying revenue increased significantly, management fee revenue remained stable. Revenues would have been significantly higher had it not been for a change in accounting policy that caused PAC to change the way it accounts for GQG earnings. Following GQG’s IPO, PAC will no longer recognize GQG’s earnings on an accrual basis, but rather on a cash basis in the period dividends are received. This change is a timing item that will only impact reported results for FY22.

Specifically, for its 1H22 results, PAC recognized GQG-related revenue for the four months prior to GQG’s October 28 listing. In 2H22, PAC will recognize the interim dividend declared by GQG for the last two months of 2021 and the dividend GQG is expected to declare for the quarter ending March 31. In total, in FY22, PAC will “miss” recognition of two months of GHQ revenue in 1H22 and one month

Pacific Current Group Limited (ABN 39 006 708 792)

Suite 3, Level 3, 257 Collins Street, Melbourne VIC 3000 Australia

www.paccurrent.comTel: +61 3 8375 9611

ASX ANNOUNCEMENT

Page 2 of 3

in 2H22. In FY23, PAC will begin recognizing six months of GQG revenue in each semi-annual reporting period. The change in accounting policy for GQG has no significant impact on when PAC receives cash from GQG.

The first half statutory result was a loss of A$16.6 million. This loss arises from the way the change in the carrying value of GQG is treated. Following GQG’s IPO, changes in the value of PAC’s stake in GQG (i.e. change in GQG’s (ASX:GQG) share price) are now reflected in the PAC income statement. The decline in GQG’s share price after listing resulted in the statutory loss. Going forward, future changes in the value of GQG could have a material impact on PAC’s statutory results.

DIVIDEND

PAC declared a fully franked interim dividend of A$0.15 per share, up 50% from 1H21, reflecting PAC’s stated intention to reduce dividend distortion between the two halves.

HIGHLIGHTS OF PORTFOLIO COMPANIES

The listing of GQG on the ASX was the most significant development in PAC’s portfolio during 1H22, which generated significant cash proceeds for PAC. This product has already been redeployed through PAC’s US$35 million investment in Banner Oak Capital Partners, a leading real estate private equity firm based in Dallas, Texas.

From an earnings perspective, Victory Park stood out in 1H22. The company recorded large gains in incentive fees and obtained a large amount of new FUM. PAC expects the company’s commercial momentum to continue in FY23. EAM has also secured significant new commitments, primarily from a leading Australian institutional investor.

Earlier investments in IFP and Astarte hurt results, but both companies are making solid progress and should deliver better results in FY23.

OUTLOOK

PAC management expects continued strong growth in FY22, with the potential to accelerate growth in FY23 for the following reasons:

  • In FY22, PAC will receive 9 months of revenue from GQG, while in FY23, it will receive 12 months of revenue.
  • PAC’s investment in Banner Oak was completed on December 31, 2021 and will deliver six months of earnings in FY22 and 12 months in FY23.
  • PAC expects 2H22 fundraising progress from major private equity boutiques to have a significant impact on FY23.
  • Early-stage investments should produce better results as they move towards profitability.
  • Management fee income will increase for some private equity strategies as recently acquired FUM is invested.

According to PAC CEO Paul Greenwood, “We are delighted with how our portfolio has weathered the pandemic as well as the improved growth prospects we are seeing emerging across the portfolio.” Mr. Greenwood added: “Even if equity markets have a weak start to 2022, this is not expected to have a material impact on PAC due to our broad diversification. Our largest exposure to equity markets comes from GQG, a company that has historically produced its best relative performance when equity markets are weak.”

ASX ANNOUNCEMENT

Page 3 of 3

CONFERENCE CALL

Pacific Current Group would like to invite you to participate in our conference call to be held at 11:00 a.m. (AEDT) on Friday, February 25, 2022.

Presenters will be Paul Greenwood, MD & CEO and CIO and Ashley Killick, CFO.

CONFERENCE DETAILS FOR INVESTORS

The call will take place via webcast or conference call. Please use the links below to register before the event.

Webcast (listening mode only):

https://webcast.openbriefing.com/8534/

(An online archive of the webcast event will be available approximately four hours after the webcast)

Teleconference (Pre-registration required for Q&A participation):

http://apac.directeventreg.com/registration/event/4571728

AUTHORIZED FOR DEPOSIT BY:

Paul Greenwood

Managing Director and Chief Executive Officer and Chief Investment Officer

-ENDS-

CONTACT

For investor and media enquiries:

  • Paul Greenwood – Managing Director and CEO and CIO
  1. [email protected]
  1. (+1) 253 617 7815

ABOUT THE PACIFIC CURRENT GROUP

Pacific Current Group Limited is a multi-boutique asset management company dedicated to delivering exceptional value to shareholders, investors and partners. We apply our strategic resources, including capital, institutional distribution capabilities and operational expertise to help our partners excel. As of February 25, 2022, Pacific Current Group holds investments in 16 asset management companies globally.

FIRST HALF 2 0 2 2 RESULTS

PRESENTERS:

Paul Greenwood, Managing Director and CEO and CIO

Ashley Killick, Chief Financial Officer

February 2022

This is an excerpt from the original content. To continue reading it, go to the original document here.

Trading in Own Shares | Financial item

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Content of the article

Trading in Own Shares

February 24, 2022

• • • • • • • • • • • • • • • • •

Shell plc (the “Company”) announces that on 24 February 2022 it has purchased the following number of Shares for cancellation.

Aggregated information on Shares purchased by trading venue:

Date of purchase Number of shares purchased Highest price paid

(GBP)

Lowest price paid

(GBP)

Volume-weighted average price paid per share

(GBP)

Location
02/24/2022 1,700,000 £20.3100 £19.1320 £19.7350 LSE
02/24/2022 600,000 £20.3100 £19.1440 £19.7363 BATS (BXE)
02/24/2022 400,000 £20.3100 £19.1320 £19.7385 Chi-X (CXE)

Content of the article

These share purchases are part of the Company’s share repurchase agreement previously announced on February 3, 2022

With respect to this agreement, Citigroup Global Markets Limited will make trading decisions regarding the Company’s securities independently of the Company for a period from February 3, 2022 to May 4, 2022 inclusive.

Such purchases of shares will be made within certain pre-defined parameters and in accordance with the general authority of the Company for the repurchase of shares, Chapter 12 of the Listing Rules and Article 5 of the Rules on market abuse 596/2014/EU dealing with takeover. programs (“EU MAR”) and EU MAR as “integrated” into UK law from the end of the Brexit transition period (31st December 2020 23:00) through the Union Act 2018 European Union (Withdrawal Agreement) Act 2020 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, renewed, substituted or superseded by the relevant regulatory instruments (including the Market Abuse (Amendment) (Leaving the EU) (SI 2019/310)), from time to time (“UK MAR”) and Commission Delegated Regulation (EU) 2016/1052 (the “Regulation of EU MAR delegation”) and the EU MAR delegated regulation as “onshore” in British law from the end of the Brexit transition period (December 31, 2020 at 23:00) via the European Union (With withdrawal) Law of 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, Nov ed, superseded or superseded by the relevant regulations (including the Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time.

In accordance with EU MAR and UK MAR, a full breakdown of the individual transactions effected by Citigroup Global Markets Limited on behalf of the Company under the Repurchase Agreement is detailed below.

Requests

International Media: +44 (0) 207 934 5550

Media Americas: +1 832 337 4335

Shell plc LEI number: 21380068P1DRHMJ8KU70

Classification: Acquisition or sale of own shares of the issuer

Attachment

Here’s why Barclays stock is on my 2022 FTSE 100 Best Buys list

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It’s a good time to FTSE100 banks. After being held back during the pandemic, this cyclical sector is more than rebounding. It shows outstanding results. As in the case of Barclays (LSE: BARC), which released its full-year results update for 2021 earlier today. I have long been optimistic about the banking sector, and after reviewing the general macroeconomic situation and their latest results, I am even more so.

Barclays’ strong earnings

Let me elaborate. Barclays net profit rose nearly 275% on a year earlier to £7.2bn. Investment banking pre-tax profits hit a new high. It was helped by a release of credit impairment. This cancels charges set aside during the pandemic for fear of a rise in bad debts. Barclays dividends are also now at 6p per share, up significantly from 1p in 2020 as banks are free to set their dividends. The bank’s dividend yield, however, remains low at 3%, still below the 3.5% seen for the FTSE 100 index as a whole.

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Why so undervalued?

However, I am optimistic that dividends could improve in 2022. This could be a good addition to the potentially significant capital growth I expect from Barclays shares this year. After its latest results, the bank’s price/earnings ratio (P/E) is at a low 5.3 times, making it an extremely undervalued stock in my view. The FTSE 100 P/E is currently sitting at 16 times, which would be an indication of its price weakness. It can be argued that banks have a low P/E due to limited growth potential. It’s possible, but I still think Barclays is undervalued. Indeed, even among its peers, it has the lowest win ratio.

Bullish on Barclays stock

And the fact that its profits should to augment in 2022 indicates that the case for a Barclays share price rally has become more compelling. No wonder then that its share price exploded today. When I last checked on Wednesday afternoon, it was trading 3% higher than its last close. It is also the third biggest gainer on the FTSE 100 today so far. Plus, I like that analysts are really optimistic about it. Even the most pessimistic analysts expect its share price to rise slightly this year, and the most optimistic actually see a 75% increase according to estimates compiled by the FinancialTimes. These could change as circumstances change, of course, but they’re indicative of the stock’s potential at the moment.

What I would do

Sounds like a fairy tale investment, doesn’t it? Well, what’s one without a few dragons to slay! Inflation, in particular, is of concern. It is true that the bank benefits from rising prices which translates into higher interest rates as the economic recovery creates greater demand. But its costs are also expected to rise. Moreover, too much inflation is never good for growth and banks. So I would pay attention to that. Overall though, Barclays stocks look really good to me. I would buy it now.

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Home Depot, Macy’s, Medtronic and others

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Check out the companies making headlines before the bell:

Home Depot (HD) – Shares of the home improvement retailer rose 1% premarket after its quarterly profit and revenue beat Wall Street forecasts. Home Depot earned $3.21 per share, 3 cents above estimates, and same-store sales also beat estimates. Home Depot also announced a 15% increase in the dividend.

Macy’s (M) – Macy’s beat estimates by 45 cents with adjusted quarterly earnings of $2.45 per share, and the retailer’s revenue also beat estimates. Macy’s also authorized a new $2 billion share buyback program and announced a 5% dividend increase. The stock rose 7.9% in premarket shares.

Tempur Sealy (TPX) – The mattress company’s stock fell 5% pre-market after its adjusted quarterly profit of 88 cents per share missed estimates by 8 cents and revenue fell short of forecasts of Street. Tempur Sealy’s results were impacted by costs which rose faster than sales.

Medtronic (MDT) – Shares of the medical device maker had a mixed quarter. Revenue missed forecasts and its adjusted quarterly profit topped estimates by a penny at $1.37 a share. Medtronic said it is seeing an improvement in procedure volumes and its latest quarter was driven by strong demand for its cardiac devices. The stock initially fell 1.2% premarket, but later erased that loss.

Houghton Mifflin (HMHC) – The publishing company has agreed to be purchased by private equity firm Veritas Capital for $21 per share in cash, or around $2.8 billion. The stock jumped 14.9% in premarket trading.

SoFi Technologies (SOFI) – The fintech company has announced a deal to buy banking software maker Technisys for approximately $1.1 billion in stock, saying the addition will generate up to $800 million in revenue further through 2025. SoFi fell 2.7% in premarket stock.

Tegna (TGNA) – The TV operator’s shares jumped 7.4% in the pre-market after reaching a $24-per-share buyout deal with private equity firms Standard General and Apollo Global Management (APO).

McDonald’s (MCD) – Investor Carl Icahn has launched a proxy fight for two seats on the restaurant chain’s board of directors, as part of his push for more ethical treatment of pigs by McDonald’s suppliers. McDonald’s fell 1% premarket.

Krispy Kreme (DNUT) – The donut chain fell within a dime of forecast with adjusted quarterly earnings of 8 cents per share, although revenue beat Wall Street forecasts. Krispy Kreme was able to offset wage and commodity inflation with price increases. Krispy Kreme added 1.2% in premarket trading.

DraftKings (DKNG) – The sports betting company’s stock fell 5.5% pre-market after Wells Fargo downgraded it to “equal weight” from “overweight” and cut the price target at $19 per share versus $41. Wells Fargo is concerned about the company’s path to profitability given the pace of increased spending. DraftKings has fallen for the past three sessions, including a 21.6% drop on Friday after its quarterly report.

LeicestershireLive’s Top 200 Companies List 2022: Part Three of Four – Issues 50-21

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Here we reveal the third part of our countdown to the LeicestershireLive 2022 Top 200 Companies list – taking companies from positions 50 to 21.

The Top 20 will be unveiled later this morning (February 22) during a breakfast presentation at the Winstanley House hotel in Leicester, and will be published on BusinessLive shortly thereafter.

The list, based on annual turnover, was compiled by De Montfort University using publicly available information from Companies House for the 2019/20 financial year. It was sponsored by Leicestershire-based Patterson Commercial Law.

The companies included are national and international players, supporting tens of thousands of jobs and injecting billions into the economy.

As well as celebrating the list and the people involved in its creation, the breakfast event will also recognize Leicestershire’s biggest business, highest climber of 2022 and highest new entry.

Richard Edwards, regional events manager for LeicestershireLive and the parent company of BusinessLive Reach Plc in the Midlands and South East regions, said the list reflected the success of large and medium-sized businesses that have made the regional business community this that she is today.

Mr. Edwards said, “Never has it been more important to celebrate the vital role played by our county’s biggest companies.

“We have some exceptional businesses located in our area that are achieving great things – they are living proof of Leicestershire’s economic resilience and strong business vitality.”

Rik Pancholi, Managing Director of Patterson Commercial Law, said: “As a business and commercial law firm, all we do is support small and medium-sized businesses and it’s great to see some of our customers count among the best companies in Leicestershire.

“When the opportunity arose to work with LeicestershireLive to support Leicestershire’s Top 200 in January 2022, we thought there would be no better way to start the year than with such a fantastic celebration. .”

The Leicestershire list complements the East Midlands 500 Best Companies list, also published by BusinessLive. DMU has partnered with the University of Derby and Nottingham Trent University to compile this list.



Here’s part three of our Top 200 50-21 list – with the previous year’s numbers in parentheses:

50 (78) HAJCO 199 t/a Watling JCB

Sale of new used JCB machines in the construction, agricultural and industrial sectors

Turnover: £112,977,000

Employees: 171

End of year: 31/12/2019

Address: Watling JCB, Dog & Gun Lane, Whetstone, Leicestershire, LE8 6LJ



JCB celebrates 75 years of business today
JCBs are made and sold in the Midlands

49 (84) BROADTHORPE

Houses of William Davis

Turnover: £115,752,000

Employees: 467

End of year: 31/05/2020

Address: Forest Field, Forest Road, Loughborough, Leicestershire, LE11 3NS



Apprentices at William Davis Homes.
Apprentices at William Davis Homes.

48 (111) BELL ROCK WORKPLACE MANAGEMENT

Facilities Management, Property, Services, Mechanical and Electrical

Turnover: £116,489,000

Employees: 1056

End of year: 31/12/2019

Address: Bog 1 Waterloo Way, Leicester, LE1 6LP

47 (74) EENDEE PARTICIPATIONS

Civil engineering and earthmoving services.

Turnover: £117,927,000

Employees: 86

End of year: 30/06/2020

Address: 4 Bank Court, Weldon Road, Loughborough, Leicestershire, LE11 5RF

46 (81) DELIFRANCE (UK)

Manufacture and marketing of frozen pre-baked French breads and pastries

Turnover: £119,982,000

Employees: 366

End of year: 30/06/2020

Address: Chartwell Drive, Wigston LE18 2FL

45 (79) CENTRAL GARAGE (UPPINGHAM)

garage services

Turnover: £124,477,000

Employees: 275

End of year: 30/04/2020

Address: Regent House 80 Regent Road, Leicester, LE1 7NH

44 (86) SMITH BROTHERS (LEICESTER)

Manufacture and installation of dust extraction systems

Turnover: £126,471,000

Employees: 461

End of year: 30/09/2019

Address: 295 Aylestone Road, Leicester, LE2 7QJ

43 (87) DRUCK

Precision measuring equipment

Turnover: £131,280,000

Employees: 627

End of year: 31/12/2019

Address: 2 Groby Trading Estate, Fir Tree Lane, Groby, Leicestershire, LE6 0FH

42 (73) WALTER E. STURGESS & SON

Car sales and maintenance

Turnover: £134,553,000

Employees: 291

End of year: 31/12/2019

Address: Austral House Coventry Road, Broughton Astley, Leicestershire, LE9 6QD

41 (76) NATIONAL PLATFORMS

Rental of specialized motorized access equipment

Turnover: £135,602,000

Employees: 975

End of year: 31/12/2019

Address: 15 Midland Court, Central Park, Lutterworth, Leicestershire, LE17 4PN

40 (106) GLW FOODS

Merchants and agricultural advisers

Turnover: £144,777,000

Employees: 134

End of year: 09/30/2019

Address: Lindum Mill, Ashby Road, Shepshed, Loughborough, Leicestershire, LE12 9BS

39 (69) BOARD24

The manufacture of corrugated cardboard

Turnover: £147,261,000

Employees: 360

End of year: 31/12/2019

Address: 2 Franks Road, Bardon Hill, Coalville, Leicestershire, LE67 1TT

38 (67) LEICESTER CITY FOOTBALL CLUB

Premier League football club and FA Cup 2020 winners

Turnover: £154,833,000

Employees: 268

End of year: 31/12/2019

Address: King Power Stadium Filbert Way, Leicester, LE2 7FL



King Power Stadium

37 (72) BREEDON CEMENT

Cement manufacturing

Turnover: £154,833,000

Employees: 268

End of year: 31/12/2019

Address: Breedon-On-The-Hill, Derbyshire, DE73 8AP

36 (63) OFFICE DEPOT INTERNATIONAL (UK)

Distribution of office supplies by correspondence

Turnover: £158,420,000

Employees: 635

End of year: 31/12/2019

Address: 501 Beaumont Leys Lane, Leicester, LE4 2BN

35 (58) CEVA FREIGHT (UK)

Providing air and ocean freight forwarding and custom services

Turnover: £158,582,000

Employees: 306

End of year: 31/12/2019

Address: Ceva House Excelsior Road, Ashby-De-La-Zouch, Leicestershire, LE65 9BA

34 (66) SHOE AREA

Shoe retailer

Turnover: £162,047,000

Employees: 3,428

End of year: 05/10/2019

Address: Haramead Business Centre, Humberstone Road, Leicester, LE1 2LH



Shoe Zone is the largest footwear retailer in the UK

33 (61) GROUP IB

Distribution of confectionery

Turnover: £167,210,000

Employees: 596

End of year: 31/12/2019

Address: 25-27 Jubilee Drive, Loughborough, Leicestershire, LE11 5TX

32 (48) SMARTWAY PW. PARTICIPATIONS

Pharmaceutical products

Turnover: £171,728,000

Employees: 69

End of year: 31/03/2020

Address: The Old Mill, 9 Soar Lane, Leicester, LE3 5DE

31 (64) VWR INTERNATIONAL

Sale & distribution of laboratory equipment, consumables & reagents

Turnover: £184,866,000

Employees: 453

End of year: 31/12/2019

Address: Hunter Boulevard Magna Park, Lutterworth, Leicestershire, LE17 4XN

30 (49) JOULE GROUP

Creation and sale of clothing, accessories and household items

Turnover: £190,808,000

Employees: 1,690

End of year: 31/05/2020

Address: Compass House, Rockingham Road, Market Harborough, Leicestershire, LE16 7QD



Joules’ new HQ in Market Harborough

29 (57) FISHER SCIENTIFIC United Kingdom

Supplier of scientific equipment and chemicals

Turnover: £198,225,000

Employees: 628

End of year: 31/12/2019

Address: Bishop Meadow Road, Loughborough, Leicestershire, LE11 5RG

28 (68) STREVENS VEHICLE PORTFOLIOS

Sale of new and used commercial vehicles

Turnover: £199,376,000

Employees: 612

End of year: 31/12/2019

Address: Hazel Drive, Narborough Road South, Leicester, LE3 2JG

27 (60) DAVIDSONS DEVELOPMENTS

Residential and commercial real estate development

Turnover: £201,040,000

Employees: 295

End of year: 31/12/2019

Address: Unit R Ivanhoe Park Way, Ashby-De-La-Zouch, Leicestershire, LE65 2AB



Artists impression of some Davidsons houses

26 (54) EMERSON PROCESS MANAGEMENT

Sales and distribution of products to the process control industry

Turnover: £202,322,000

Employees: 597

End of year: 09/30/2019

Address: Meridian East, Meridian Business Park, Leicester, LE19 1UX

25 (42) GLOBAL PAYMENTS UK

Electronic transaction processing for retail

Turnover: £213,896,000

Employees: 325

End of year: 31/12/2019

Address: Granite House Granite Way, Syston, Leicestershire, LE7 1PL

24 (38) CROMWELL TOOLS

Industrial supplies

Turnover: £218,473,000

Employees: 1,000

End of year: 31/12/2019

Address: Chartwell Drive, Wigston, Leicestershire, LE18 1AT

23 (44) TOPPS TILES

Sale of ceramic and porcelain tiles

Turnover: £219,197,000

Employees: 1,905

End of year: 30/09/2019

Address: Thorpe Way, Grove Park, Enderby, Leicestershire, LE19 1SU



Victorian checkered tiles from Topps Tiles

22 (59) NOTTINGHAM REHABILITATION

Health services and products

Turnover: £219,796,000

Employees: 1,117

End of year: 31/03/2020

Address: Sherwood House, Cartwright Way, Forest Business Park, Bardon Hill, Coalville, Leicestershire, LE67 1UB

21 (41) SPORT AND LEISURE MANAGEMENT

Management of sports and leisure facilities

Turnover: £247,226,000

Employees: 5,354

End of year: 31/03/2020

Address: 2 Watling Drive, Sketchley Meadows, Hinckley, Leicestershire, LE10 3EY

IDBI: LIC reflects on IDBI-LIC housing relationship; hope to register before the end of March

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Life Insurance Corp of India (LIC) is exploring the possibility of making IDBI Bank a loan origination agent for LIC Housing Finance to ensure compliance with central bank rules that limit mortgage lending rights to a single entity. a financial group.

Chairman, MR Kumar said LIC has until November 2023 to make the switch if IDBI Bank does not find a buyer by then. Providing loans from IDBI Bank source for LIC Housing is therefore the second option, Kumar said.

“The central bank gave us a five-year time frame that ends in November 2023. If the IDBI divestment takes place before then, it doesn’t matter,” Kumar said. “The second option is that LIC Housing can source from IDBI Bank.”

LIC Housing is India’s second largest non-bank property financier, with a loan book of over Rs 2.43 lakh crore.

The Reserve Bank of India (RBI), while allowing LIC to acquire a majority stake in IDBI Bank, had said in 2018 that either IDBI Bank or LIC Housing Finance Limited will have to cease their housing finance business within five years. , because the housing finance activity must be carried out by a single entity.

LIC purchased a 51% stake in IDBI Bank in January 2019 by buying 827.5 million shares from the government. It further injected Rs 4,743 crore into IDBI Bank on October 23, 2019. LIC’s stake in IDBI has now fallen to 49.24% after Rs 1,435 crore was raised in a qualified institutional placement in December 2019.

Kumar said LIC would like to keep part of IDBI bank even if the government sells it.

“I would like to keep at least part of the stake because when we bought it we considered it a strategic stake. IDBI Bank is now the biggest bancassurance channel for us, so we want that relationship to continue. “, Kumar said.

IDBI Bank is also part of the government’s divestment program in addition to the mega sale of Rs 65,000 crore shares in LIC. The government plans to sell 5% of its stake in the insurance giant.

Kumar said he expects LIC to be listed before the end of the fiscal year ending in March. He also said more than 7 million policyholders had linked their plans to demat accounts in anticipation of the stock award. About one-tenth the size of the LIC issue was reserved for policyholders. LIC employees and policyholders will be offered a discount on the issue price.

Kumar said people holding policies through February 13, the filing date of the Red Herring Draft Prospectus (DRHP), will be eligible.

Dipam’s appointed actuarial firm, Milliman Advisors, pegged the company’s intrinsic value (EV) at Rs 5.39 lakh crore, down from Rs 95,605 crore at the end of March 2021, mainly due to an increase in the shareholder interest in the non-participant. 100% funds.

Previously, LIC had a single fund, and the valuation surplus from participating (at par) and non-participating (at par) business was split between policyholders and shareholders in a ratio of 95:5. Participatory policies allow investors to participate in the profits generated by investments. These could be insured returns or ULIP plans. Non-participating plans are where there are no profits generated like term plans.

Prior to the IPO, an amendment to the Life Insurance Company Law transferred all excess non-participating funds to shareholders and the ratio of participating business will eventually be reduced to 90:10, according to the companies private sector insurance by FY25.

“We plan to increase the share of non-participatory policies in our portfolio in the future. Changing products, our digitization and expanding channels will help us in the future,” Kumar said.

LIC has a network of 58,000 branches and thousands of agents. It holds more than half of the shares of a market that remains largely under-penetrated.

Kumar said the company plans to add a new digital vertical to its operations to expand its footprint and sell more fonts online.

British sports car maker Lotus eyes IPO to boost global expansion

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Lotus CEO Matt Windle said the brand plans to sell 100,000 vehicles worldwide by 2028. Photo: Dylan Martinez/Reuters

Carmaker Lotus is exploring options to drive international growth and has launched an international investor tour that could lead to a multibillion-pound IPO as early as next year.

Both The temperature and the FinancialTimes reported that Lotus is set to open a production plant in China and is aiming for annual sales of 100,000 by the end of the decade.

The Lotus group, majority owned by the Chinese Geely (GELYF), said that of this target of 100,000 sales per year, 90,000 will be electric sedans and SUVs produced by Lotus Technology.

The Norfolk-based sports car manufacturer currently produces 1,500 sports cars a year.

Specialized trade publication Coach said the company plans to launch its Lotus Technology division in a move valued at between £5 billion ($6.8 billion) and £6 billion.

Read more: UK car production falls to lowest since 1956

A spokesperson said the company favored an IPO over the special purpose acquisition company (SPAC) listing method recently employed by Geely stablemate Polestar, despite the additional scrutiny involved in moving further. traditional to the market.

Lotus aims to float in the next 12 to 24 months, but a decision on whether to float in Asia, London or New York has yet to be made, the company said.

The sports car maker plans to open a manufacturing plant in Wuhan next year that will start building the first Lotus 4×4, an all-electric sports utility vehicle, followed by a zero-emission executive car. The Wuhan-built Lotus SUV will cost around £100,000.

Although aimed at the Chinese electric car market, it will be made available to the UK and US markets.

Zhejiang Geely Holding Group acquired a majority stake in Lotus from Malaysian conglomerate DRB-Hicom in 2017.

Read more: Electric vehicles should be taxed to plug £35billion tax hole, say MPs

He pledged £1.5 billion to overhaul the company, turn it into an all-electric carmaker and expand the brand into premium “lifestyle vehicles” that would rival BMW (BMW.DE), Mercedes-Benz (MBG.DE) and Audi.

Geely’s investment included a major upgrade of the Lotus factory in Hethel, Norfolk, the addition of a design center in Coventry and a new technical center in Frankfurt, Germany.

Lotus CEO Matt Windle described the extent of the transformation as something “never undertaken in the automotive industry before”.

Lotus said half of its total sales could come from China in five years.

Watch: What are SPACS?

NSE: IPO of NSE likely to be delayed by one year; Sebi said he was in no rush to nod

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Mumbai: Investors in India’s biggest stock exchange may have to wait even longer for an exit through an initial share sale after regulatory probes into former National Stock Exchange (NSE) officials for alleged violations further delayed the timelines for a public listing.

With market regulator Sebi’s latest order on NSE for violating securities contract rules and a subsequent investigation launched by other agencies such as Income Tax and the Central Bureau of Investigation (CBI) against the Former CEO Chitra Ramkrishna, the sale of NSE shares is likely to be delayed by at least a year, bankers said.

“Sebi is unlikely to give NSE the green light to go public with the current situation, and it may take another year or so to clean up the whole system,” a senior bank official said. investment. “More actions against all involved in the roommate scam and violation of securities contract rules are likely in the coming months from various agencies. Until then, the regulator may not consider NSE’s request to go public.”

Email queries sent to Sebi and NSE received no response

NSE filed its Draft Red Herring Prospectus (DRHP) with Sebi on December 28, 2016, for an offer to sell up to 111.4 million shares by existing investors. However, the market regulator has asked the exchange to take back the DRHP due to an ongoing investigation into the colocation scam, bankers said.

According to insiders, foreign investors in the exchange wanted the exchange to go public a decade ago, but it was delayed due to various controversies including the co-location case.

In August 2016, the board appointed Citibank, JM Financial, Kotak Mahindra and Morgan Stanley as lead bankers for the IPO.

On October 4, 2016, NSE’s Board of Directors passed a resolution for an initial public offering and subsequent listing of the shares.

Before Sebi placed orders against NSE and its former senior officials in the collocation deal, expectations were high about the likelihood of an IPO in 2022.

However, large institutional investors are unlikely to pull back in the current situation. The share price on the unofficial gray market has almost quadrupled in the past two years from ₹850 to ₹3,400 currently. Brokers said demand for unlisted NSE shares remains robust, but there are no big sellers due to the exchange’s strong earnings track record.

India’s largest stock exchange reported a 56% increase in year-on-year net profit to ₹3,518 crore for the nine months ending December 2021.

Bulgarian Stock Exchange Launches 8 Crypto ETNs BlockBlog

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Bulgarians can now invest in crypto assets through their country’s stock market. The Bulgarian exchange recently launched eight ETNs based on two digital currencies, bitcoin and ethereum, following the example of the main European platforms that support these products.

Crypto-Based ETNs Offered to Bulgarian Investors

The Bulgarian Stock Exchange (BSE) has started trading crypto instruments following the price rates of bitcoin (BTC) and ethereum (ETH). “Investors looking for suitable innovative crypto products can now freely trade eight crypto exchange-traded notes (ETNs),” according to an announcement released last Thursday.

With their launch, the Bulgarian stock market follows in the footsteps of major European stock exchanges such as Deutsche Börse and Euronext, which introduced these instruments two years ago, the BSE noted in the statement. Commenting on the development, ESB Executive Director Prof. Dr. Manyu Moravenov said:

With the new products from BSE International, we are responding to the increased market interest in cryptographic instruments. We are pleased to be able to offer an alternative asset for cryptocurrency trading today, making the process easier and simpler for all interested investors.

ETNs will allow investors to invest money in digital assets without the need to create and own crypto wallets and crypto keys, Moravenov explained. At the same time, they will have access to regulatory-compliant crypto instruments, the executive pointed out.

The trading of crypto-based ETNs is a continuation of BSE’s long-term partnership with Deutsche Börse and market maker Tradegate AG, the Bulgarian exchange body explained. This will ensure the liquidity of crypto instruments, the announcement notes. Products are traded in Euros and during the regular trading session the BSE detailed.

The ETNs’ offer comes after Bulgarian Finance Minister Asen Vasilev revealed in a recent interview with Bloomberg that the Southeast European nation, a member state of the European Union, is exploring options to facilitate payments. in cryptocurrency.

A crypto payment mechanism could be introduced “in the short to medium term,” said Vasilev, who is also deputy prime minister. He added that the executive branch in Sofia was discussing the issue with the Bulgarian National Bank and representatives of the country’s crypto industry.

Keywords in this story

Bitcoin, BSE, BSE International, BTC, Bulgaria, Bulgarian, Crypto, Cryptocurrencies, Cryptocurrency, ETH, Ethereum, Finance, Instruments, Investors, supply, products, Sofia, exchange, Stock Market

Do you think investors will benefit from the new crypto instruments offered by the Bulgarian Stock Exchange? Tell us in the comments section below.

Lubomir Tassev

Lubomir Tassev is a tech-savvy Eastern European journalist who loves Hitchens’ quote: “Being a writer is who I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.

Image credits: Shutterstock, Pixabay, Wiki Commons

Warning: This article is for informational purposes only. This is not a direct offer or the solicitation of an offer to buy or sell, or a recommendation or endorsement of any product, service or company. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

This eBay shopping hack could save you £130 on a Shark vacuum cleaner

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  • We earn a commission for products purchased through certain links in this article.

  • If you’re looking to invest in a Shark or Dyson vacuum, eBay Certified Refurbished is the smart shopping hack you really need to know about.

    Shark is one of the best vacuum cleaners on the market, but it is priced high and usually costs between £200-400. However, we recently discovered eBay’s refurbished section, where you can get a discount on everything from vacuum cleaners to the best mattresses all year round.

    eBay recently created a landing page for its Certified Refurbished products. It’s a goldmine of amazing discount deals from top brands like Shark, Dyson, Tefal and Russell Hobbs.

    Photo credit: eBay

    Refurbished means that none of the products are brand new, but have been expertly restored to perform like new. They all come with a minimum one-year seller’s warranty and are usually sold by the brand itself for up to 30% off the regular price.

    We recently spotted a Certified Refurbished Shark Anti Hair Wrap Cordless Pet Vacuum Cleaner with a 1 year warranty selling for £199.99, from the Official Shark Store. That’s a saving of £130.00, compared to the original retail price of £329.99.

    You can also pick up a Dyson V7 Animal Cordless Vacuum – Certified Refurbished for £199.99 from the official Dyson store. A brand new version is currently being sold at Curry’s for £249.00, meaning you could save £50.00.

    What does Certified Refurbished on eBay mean?

    All products in the refurbished section have been classified into four categories: certified, excellent, very good and good. These categories are designed to help customers understand whether they are purchasing a vacuum that is in perfect condition with no damage or a product that has been enjoyed and exchanged by a previous owner.

    Certified Refurbished means the item will be in pristine, like-new condition. Any product labeled as certified has been inspected, cleaned and refurbished by the manufacturer or a professionally approved supplier to meet the manufacturer’s specifications.

    Shark Anti Hair Wrap Cordless Pet Vacuum – Certified Refurbished | £199.99, eBay
    The Shark Cordless Pet Vacuum Cleaner is sold by Shark Official Store. It has been checked, cleaned and restored by professionals. The product may have some minor cosmetic imperfections and some signs of use. It may also not be in its original packaging. However, it must be in perfect working order and deliver the same performance you expect from a Shark vacuum.

    See the offer

    In many cases, Certified Refurbished products may never have been used. The Shark store explains in its Certified Refurbished listing that: “Products are returned to Shark for a number of reasons, often simply because the buyer has changed their mind. All units are checked, cleaned and restored by professionals.’

    Simply because the brand can’t resell these returned items, you can get an incredible deal on a product that’s basically new.

    Are refurbished items guaranteed?

    All “Refurbished” items on eBay come with a minimum 1 year seller’s warranty. They all include free UK delivery and are backed by eBay’s money back guarantee, with 30 day returns.

    “Refurbished on eBay allows buyers to save up to 30% on a wide range of items from top brands,” an eBay spokesperson explains. “Especially in home appliances, including recent versions and previously scaled-down models.”

    “Not only is buying refurbished products better for your wallet, it dramatically extends the life of a product. Preventing it from going to landfill and reducing its impact on the environment.

    Better value and better for the environment, this eBay shopping hack is a win-win in our books.

    Kanye West shares a long list of people he’s had beef with

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    Earlier this month, Kanye West revealed Kid Cudi won’t be appearing on his upcoming album. 2 due to his friendship with Pete Davidson (or “Skete”, as Kanye calls him). Just like that, Cudi joined a long list of people Kanye had issues with. In case you forget everyone who got on Kanye’s bad side, the HipHopNumbers Twitter account noted a list, though they clearly forgot some names.

    The initial HipHopNumbers list included names like Taylor Swift, Wiz Khalifa, Billie Eilish, Pete Davidson, Drake, Ray J, South Park, Harriet Tubman, Bruno Mars, Louis Vuitton, Amber Rose, TMZ, the American Music Awards, 50 Cent and continued. However, today, just days after the initial list was shared, Kanye took to Instagram to add more names.

    “Come on guys… This list is twice as long,” Kanye wrote. “You have to put Apple, Spotify, Vivendi, Universal, [Lucian Grainge]Tik Tok, Black History Month, Obama, the whole cast of SNLHillary Clinton, The Devil Himself, Corey Gamble, [Jeff] Bezos, Charlamagne [Tha God]Disney, [Liberals], and of course Skete and all the corny shit in general. He added, “Can someone from Chicago let these people know what Skete meant when we were growing up? Let’s go for everyone!!!!!” before concluding with “Wow. Being rich is fun!!!!”

    Short-term stays trigger a long-term problem

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    Increase in overnight rentals makes it more difficult to solve the shortage of affordable housing

    Park City is one of the most popular vacation destinations among western mountain towns, attracting an influx of tourists and second-home owners and reshaping what it means to be part of the community.

    Overnight and short-term rentals have been on the rise for years, especially since 2016, as footfall increases. With the housing stock changing, many of the residents who live here – and the workers needed to keep businesses running – are the ones who struggle to find suitable housing.

    During the economic downturn of 2008, many people bought homes in Park City and converted them into second homes. Jason Glidden, director of housing development at City Hall, said today only 30% of homes in Park City are considered primary residences.



    Vacation rental company Airbnb, which started the same year, became an instant hit as it opened cities up to bigger crowds. Services like Airbnb allow owners to manage their properties independently and earn extra income by renting them out on a short-term basis. Short-term rentals are often much more lucrative for owners than renting their units on six- or 12-month leases.

    The number of short-term rentals, which are units where guests stay no more than 30 consecutive days, has increased significantly in recent years. There are currently 2,400 licensed nightly rentals within Park City boundaries, but Glidden estimates there are an additional 1,200 unlicensed units. Certified units must undergo health and safety inspections to ensure they are up to code.



    “How can we develop in a way that is both sustainable and addresses affordable housing issues? I think we can work together. I think the best outcome for our community is when we recognize (conservation and development) and say we can do both.

    Pat Matheson, Executive Director of Mountainlands Community Housing Trust

    With the increase in overnight accommodation and short-term rentals, seasonal workers are struggling as long-term accommodation is hard to come by.

    Pat Matheson, executive director of the nonprofit Mountainlands Community Housing Trust, which helps people find affordable housing in Summit County, said 99% of available long-term housing is constantly occupied, leaving workers arriving in town with few options.

    Only 15% of Park City’s workforce lives within city limits, Glidden said, and low housing inventory makes available rentals harder to track. But as house prices continue to rise without similar wage increases, the disparities will only grow.

    To mitigate the difference, area employers, including the Park City government, are trying to secure affordable housing for employees as a method of recruitment.

    “If you can’t attract employees, you can’t provide services. It’s detrimental to the economic future,” Glidden said.

    The Old Town, in particular, has become a hotspot for short-term rentals. For residents who live there full time, it is difficult to build relationships with neighbors if people are constantly coming and going. And it’s something that officials say endangers the vibrancy of the community.

    Until the past 15 or 20 years, the majority of homes in Park City were primary residences, but now neighborhoods are littered with homes that sit vacant for much of the year, or where short-term renters come and go. . When houses are in use, year-round residents may be disturbed by visitors who are often noisier or produce more waste than long-term tenants.

    Glidden and Matheson agree that a sense of lost community and a workforce that does not live in the city impacts Park City’s overall social equity and diversity.

    City officials face several hurdles when it comes to solving nightly rental issues, but the biggest hurdle is getting landlords to offer long-term leases instead of looking for new ones. bigger profits.

    Glidden said they are looking to other resort towns for ideas. For example, in Big Sky, Montana, a new program offers landlords money to convert short-term rentals into long-term homes. The program helps offset the difference in income so owners still receive a return on their investments.

    If long-term rentals are considered primary rather than secondary residences, owners will also benefit from tax breaks.

    The city is considering offering restrictions on acts that would increase the number of people living in the city, similar to a program in Vail, Colorado. The program could be used as down payment assistance to help increase long-term housing options for those who may not be able to afford it. Landlords would be paid cash to live in the houses or to offer six-month rentals.

    Another possibility could be the passing of ordinances that restrict overnight rentals in certain areas of Park City, but state law currently prohibits local governments from preventing rental operators from listing properties on sites. web or ban them.

    In 2016, the city set a goal of creating 800 new affordable housing units by 2026, or nearly 80 units per year, to maintain the community’s anticipated growth. Glidden said that as they continue to work towards the goal, they are looking to sponsor projects or work with private developers who are obligated to make 20% of units affordable.

    Officials are also considering changes to development codes, such as a proposal that would allow businesses to build secondary suites to house employees, to find solutions.

    But the biggest challenge is balancing the need for affordable housing with residents’ perspectives on density and the desire for open space. Glidden said that to achieve the city’s goals, there needs to be a community conversation about development in areas where it’s appropriate.

    Matheson agreed that there are technical solutions to the problem, such as construction and financing, but there are growing difficulties associated with development.

    “How can we develop in a way that is both sustainable and addresses affordable housing issues? Matheson said. “I think we can work together. I think the best outcome for our community is when we recognize (conservation and development) and say we can do both.

    “A community is built on people, and people who engage with each other can find solutions to these other things.”

    Chinese companies listed in US need Beijing approval for secondary listings

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    An investor sits in front of a board displaying stock information at a brokerage office in Beijing, China.

    Thomas Stone | Reuters

    BEIJING — While U.S. regulations force Chinese companies to drop from New York’s listing, Beijing’s new rules further complicate their path to fundraising in overseas public markets.

    Since Tuesday, new rules from China’s Cyberspace Administration require Chinese internet platform companies with personal data of more than 1 million users to obtain approval before registering overseas.

    While the rules don’t apply to companies that have already gone public, those seeking a dual or secondary listing overseas must follow the new CAC approval process, according to a CNBC translation of a Chinese article published Thursday on the regulator’s website.

    This is yet another consideration for international investors looking at Chinese companies.

    “The schedule for companies’ overseas listings has become longer and uncertainty has increased for the listing,” said Ming Liao, founding partner of Beijing-based Prospect Avenue Capital, according to a CNBC translation of the Chinese remarks.

    As regulators and companies determine how the new measures will be implemented, institutional investors hope to better understand the government’s thinking by seeing some approvals for overseas listings, he said.

    The fallout from the Chinese app Didi’s IPO in the United States in late June prompted Beijing to tighten regulatory scrutiny over what was a stampede of Chinese companies seeking to raise funds in New York.

    Chinese IPOs in the U.S. have essentially dried up in the months since, while existing Chinese stocks listed in the U.S. are at risk of delisting in the coming years due to stricter audit requirements. from Washington.

    Several of these Chinese companies, including Alibaba, have looked to Hong Kong for dual or secondary listings in recent years. This way, investors could swap their US stocks for stocks in Hong Kong in the event of a delisting.

    The Hong Kong option

    Only about 80 of the 250 Chinese companies listed in the United States would be eligible for a secondary or dual primary listing in Hong Kong, according to China Renaissance analysis by Bruce Pang and his team in January. This is due to Hong Kong’s strict minimum market capitalization requirements and other factors.

    Other Chinese companies listed in the United States would likely have no choice but to go private and then attempt a listing on the mainland A-share market, according to the report. “In practice,” the analysts said, “we believe Hong Kong will not be exempt from the cybersecurity process – the door is still open, in our view, for Beijing to impose a cybersecurity review on proposed listings in Hong Kong. Kong”.

    The mainland market is less accessible to foreign investors and is dominated by more sentiment-driven retail investors.

    Analysts also point out that the Hong Kong stock market does not compare to New York when it comes to trading volume and the price tech companies can get for their shares.

    It remains to be seen to what extent the cybersecurity scrutiny will apply to future Chinese stock offerings in Hong Kong.

    Learn more about China from CNBC Pro

    Chinese companies listed in the United States seeking a secondary or dual listing in Hong Kong only need CAC review if the regulator identifies a national security risk related to the companies’ products or data processing. said Marcia Ellis, global president of group private equity at Morrison & Forrester, Hong Kong.

    It is “a different threshold” from the CAC review required for listings outside of China in markets such as London or Singapore, Ellis said. In these cases, companies having personal data on more than one

    million users would need CAC approval before going public.

    “Indeed, the latest statements from the ACC have just clarified a few points and filled in some potential gaps,” she said.

    The latest CAC regulations do not mention Hong Kong.

    However, in Thursday’s article, the regulator said its new overseas listing regulations “do not mean that operators currently listing in Hong Kong can ignore relevant network security risks, data security and national security”.

    Days after Didi’s listing, the CAC ordered the company to suspend new user registrations and remove its app from app stores, while the regulator began a cybersecurity review into the issues. data privacy.

    In December, Didi announced his intention to withdraw from New York and re-register in Hong Kong. The company has yet to confirm when this transition will take place, and it’s unclear if the cybersecurity review is complete.

    Shares are down more than 14% so far this year, after falling 64% in the roughly six trading months of 2021.

    The next stock market move is lower. It’s not just Russia and the Fed.

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    Text size

    The floor of the New York Stock Exchange on Friday.

    Spencer Platt/Getty Images

    The only thing between the stock market and a full-scale correction could have been a long weekend.

    the


    S&P 500 Index

    fell 1.6% last week, while


    Dow Jones Industrial Average

    fell 1.9% and the


    Nasdaq Compound

    lost 1.8%.

    Despite all of this, it’s easy to look at this market and see losses as a win. The week’s decline was uncomfortable, but the S&P 500 is still 0.5% above its January closing low. It was beaten by Ukraine and Russia and concerns over the Federal Reserve and rising interest rates over the past three weeks, but failed to hit a new low. The index even managed to rebound after a near correction on Friday, although it still ended the day lower.

    But it may only be a matter of time before the ground beneath the market gives way. For one thing, he was unable to rally on days when it looked like he should have. On Thursday, oil prices fell, as did bond yields and the likelihood of a half-point rate hike. That should have been good news. Instead, the Dow fell 1.8%, its worst one-day drop of the year.

    However, the reduction in Friday’s losses after another big drop could be less than it looks, if only because of the long Presidents’ Day weekend – a weekend of which, if you are a trader, you may prefer to profit without having to worry about Tuesday’s action. “We continue to urge caution and want to see a real push before stepping in to buy this market,” says Nicholas Colas, co-founder of DataTrek Research.

    This flush has already happened for some parts of the market. Around twenty shares in the


    Russell 1000

    fell 15% or more in the past week, including


    Roku

    (symbol: ROKU),


    Quickly

    (FSLY),


    DraftKings

    (DKNG),


    Albemarle

    (ALB), and


    World Paramount

    (PARA), formerly known as ViacomCBS. the


    iShares expanded the technology software industry

    The exchange-traded fund (IGV), which holds some of the most speculative tech names in the market, fell 5.4% last week and 18% this year.

    More sales may be on the way. The decline in U.S. stocks was driven by a rotation from the U.S. to Europe and from growth stocks to value, according to Citigroup strategist David Groman. But the dollar amounts driving the turnover have been relatively small, he says, which could mean there’s more to come.

    “[We] have seen very tentative signs that these trends may be reversing,” writes Groman. “There is still plenty of capital available to drive additional rotation.”

    Russia will likely remain a problem, says Lori Calvasina, head of US equity strategy at RBC Capital Markets. The problem could be even bigger for Europe, where a recession could be in sight. “We continue to believe that geopolitical risk emanating from Russia/Ukraine is not priced into the US equity market, should conditions worsen, and will be a key issue to watch in the weeks and months ahead. “, she writes.

    The market, however, will still have to contend with the Fed. Yes, the odds of a half-point rate hike in March have diminished. But if the Fed hikes just a quarter point, that could mean it needs to go faster for the rest of the year if inflation data doesn’t ease.

    For now, the path of least resistance for the market still looks lower.

    Write to Ben Levisohn at [email protected]

    Alkali movement kicks off in India and Asia’s hospitality industry from ACOHI

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    NNA |
    Update:
    February 18, 2022 6:38 p.m. STI

    Pune (Maharashtra) [India]February 18 (ANI/NewsSee): The alkaline movement has started with a bang and hopes to bring health and safety to India’s hospitality industry here in Pune at ACOHI Asia headquarters.
    The human body consists of 70% water and hence this element of water becomes the most essential one which has always been underestimated and overlooked.
    “With this fresh start, the industry will give an opportunity to all manufacturers and suppliers who are in the business of alkaline water. As researchers say that this water has medicinal values ​​and cures many diseases and ailments, it will act as a revolution in We have defined the use and envision that, from flagship properties to large and small restaurants to the food service industry, everyone should use this water for the benefit of their customers, ensuring finally that they appreciate the most important post-Corona hygiene, safety and nutrition methodology which is the greatest need of the future,” said ACOHI President Sanee Awsarmmel during a press conference at the ACOHI Asian Secretariat here in Pune.
    VRH Aqua is the first company in India to have been awarded Culinary ID after verification of its business process as it has been listed with ACOHI chamber nationally after BOG exam for the year 2022 it will have access to the industry to make sure that they serve the industry in terms of alkaline machine sales, servicing and can execute the annual maintenance contracts for the industry across India.
    They have a wide range of Enagic branded machines producing healthy water widely known as Kangen Water exclusively defined for this purpose. We are extremely excited to achieve culinary identification and national listing with the ACOHI chamber and will do our best to meet industry standards and expectations,” said VRH Aqua President Nirmal Hinduja.

    What is culinary identification and the registration procedure?
    Culinary identification is only given to people who are experts in their product which is only for one year and has a series of documents and procedures that the brand must follow. Upon satisfaction and completion of the paper review work, the Culinary ID is awarded at the city, state, national and international levels, which is termed as very prestigious for any brand in the hospitality industry which is rewarded.
    Culinary ID & Listing (2022) is the Asia-wide process that talks about background check and specialty of person, brand or business. Previously, many times due to unavailability or extensive research, information, background, many wrong vendors, people and products served the industry leading to many negative results in the past. The Culinary Identification and Registration process will strengthen the backbone of the industry and provide value for money, verified, researched and most needed products and suppliers through this international process which is expected to become the benchmark in safety, security and quality that our industry needs. .
    Better Alkaline Water Days Ahead for India and Asia Hospitality Industry as it Started on Same Day as Food Prep India’s Highly Renowned Catering Brand GAC – Grand Affair Catering has been identified to prepare functional foods using the most popular alkaline water. with (11.5 alkalinity water) for deep cleaning and pesticide removal from vegetables and (9 alkalinity water) was used for cooking and serving purposes. GAC has become the first in India and Asia to officially use water using the parameters of the ACOHI Alkaline Movement and we are delighted to get this honor and opportunity, said GAC President Yogesh Turvankar.
    To list your valuable product with Hospitality Industry of India & ACOHI, please send the details to [email protected] to know more about us at www.acohi.org.
    This story is provided by NewsSee. ANI shall in no way be responsible for the content of this article. (ANI/NewsView)

    Reliance Industries, Future Retail, telecom operators, Indian Oil, ONGC

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    NEW DELHI: Here is a list of 10 stocks that could be in the spotlight on Friday:

    Trust Industries: Listed its existing foreign currency bonds of over $7 billion on India INX, becoming the largest such listing by a private entity in India INX and GIFT IFSC. The list includes the $4 billion jumbo bond raised in January 2022, which has been dubbed the largest foreign currency bond issue ever in Southeast Asia.

    Future Retail: Approached the lenders with a plea to allow him to pay about $14 million in interest on the foreign currency denominated bonds. He already missed the refund due last month and the 30-year grace period ends early next week.

    Telecom stocks: The number of Indian mobile users fell by 1.28 crore month-on-month in December, according to data from Trai. Reliance Jio lost around 1.29 crore wireless subscribers, bringing its total down to 41.57 crore while Vodafone Idea lost 16.14 lakh mobile subscribers, with its base at 26.55 crore in December. Airtel added 4.75 lakh customers, pushing the subscriber base to 35.57 crore.

    Oil from India: Raised 1,500 crores of debt through a bond issue at a lower coupon rate than government bonds. The state-owned company had priced its five-year rupee bonds at a coupon rate of 6.14% tighter than a similar maturing government bond which trades at an annualized yield of 6, 29%.

    CGSB: In the seventh round of the Open Acreage Licensing Policy (OALP), state-owned Oil and Natural Gas Corp. bid for five of the eight blocks or areas proposed for oil and gas exploration and production, while Oil India Ltd was the sole bidder for the two blocks it bid on. GAIL was the sole bidder for the single block offered by Rajasthan.

    Nestle India: Doing its best to mitigate the effects of high inflation, both for food and other commodities, and may consider price action if inflation remains unrelenting, said Suresh Narayanan, chairman and Managing Director of Nestlé India. The company reported a 20% drop in net profit for the December quarter to 387 crores, while operating income increased by 8.93% to reach 3,739.32 crore.

    Lupine Ltd: Received approval from the United States Food and Drug Administration (US FDA) for its supplemental new drug application (sNDA) for the use of its antibiotic Solosec in adolescents for the treatment of bacterial vaginal infections in women and sexually transmitted infections, trichomoniasis.

    Power of torrents: Crisil has upgraded the long-term credit rating of the non-convertible debentures and long-term bank facilities from “AA/Positive” to “AA+/Stable” on the basis of continued solid profitability and continued improvement debt levels. It reaffirmed its rating on the company’s short-term bank facilities and commercial paper program to ‘A1+’.

    Bajaj Auto: plans to double the network of its Chetak electric scooter in the coming weeks to meet growing demand. Bajaj Auto, which brought its iconic scooter brand back to electric in October 2019, said it added 12 new cities to the network in the first six weeks of 2022. It had previously opened bookings for its e-scooter in eight cities of 2021.

    Ambuja cements: The company, which is part of the Swiss group Holcim, will invest 3,500 crore to expand its cement grinding capacity. Ambuja Cements reported a 55.5% year-on-year decline in consolidated net profit at 430.97 crores for the December quarter. Operating revenue increased by 2.31% to 7,625.28 crore.

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    NINETY ONE LIMITED – Securities trading – SENS

    0
                                

    Dealing in securities

    Ninety One Limited Ninety One plc
    Incorporated in the Republic of South Africa Incorporated in England and Wales
    Registration number 2019/526481/06 Registration number 12245293
    JSE share code: NY1 LSE share code: N91
    ISIN: ZAE000282356 JSE share code: N91
    ISIN: GB00BJHPLV88

    As part of the dual listed company structure, Ninety One plc and Ninety One Limited (together ‘Ninety One’) notify both
    the London and Johannesburg Stock Exchanges of those interests (and changes to those interests) of (i) directors of both
    entities and the respective company secretaries and such persons’ respective associates and persons closely associated
    with them, (ii) prescribed officers and persons discharging managerial responsibilities (‘PDMRs’) and such persons’
    respective associates and persons closely associated with them, and (iii) in certain instances the directors and company
    secretaries of major subsidiaries of Ninety One and such persons’ respective associates, in the securities of Ninety One
    plc and Ninety One Limited which are required to be disclosed under Article 19(1) of the Market Abuse Exit Regulations
    2019 (“UK MAR”), the Listing Rules, and the Disclosure Guidance and Transparency Rules of the FCA and/or the JSE
    Listings Requirements. Clearance was obtained for the below dealing in securities.

    Notification of transactions by relevant Directors, Persons Discharging Managerial Responsibilities
    (‘PDMRs’) and persons closely associated with them, prescribed officers, company secretaries and
    associates.

    1 Details of the person discharging managerial responsibilities / person closely associated / associate

    a) Legal person Forty Two Point Two

    2 Reason for the notification

    a) Position/status In terms of UK MAR, the Listing Rules, and the Disclosure Guidance
    and Transparency Rules of the FCA, this notification concerns a
    person closely associated with Hendrik du Toit and Kim McFarland,
    each of whom is a Director of Ninety One plc (i.e. a PDMR).

    In terms of the JSE Listings Requirements, Forty Two Point Two is
    wholly owned by the Marathon Trust and the undermentioned
    persons (who are directors of Ninety One plc, Ninety One Limited
    and/or major subsidiaries of Ninety One) are beneficiaries of the
    Marathon Trust. Forty Two Point Two is an associate of these
    persons for the purpose of the JSE Listings Requirements:-

    • Hendrik du Toit – Director of Ninety One plc and Ninety
    One Limited
    • Kim McFarland – Director of Ninety One plc and Ninety
    One Limited
    • Johan Schreuder – Director of Ninety One Assurance
    Limited
    • Adam Fletcher – Director of Ninety One Guernsey Limited
    • David McGillveray – Director of Ninety One Guernsey
    Limited

    b) Initial notification /Amendment Initial notification

    3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

    a) Name Ninety One plc

    b) LEI 549300G0TJCT3K15ZG14
    4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction;
    (iii) each date; and (iv) each place where transactions have been conducted

    a) Description of the financial instrument, type
    of instrument
    Ordinary shares of GBP0.0001 each

    Identification code
    GB00BJHPLV88

    b) Nature of the transaction Acquisition of shares

    c) Price(s) and volume(s) a)
    Price 2.63

    Volume 24,509

    b)
    Price 2.653

    Volume 48,361

    c)
    Price 2.63

    Volume 34,809

    d)
    Price 2.67

    Volume 50,000

    d) Date of the transaction a) 15 February 2022
    b) 15 February 2022
    c) 16 February 2022
    d) 16 February 2022

    e) Place of the transaction London Stock Exchange

    Date of release: 17 February 2022

    JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

    Date: 17-02-2022 03:00:00
    Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
    The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
    the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
    indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
    information disseminated through SENS.

    Biosimilars available for 3 more expensive drugs in hospitals and doctors

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    AHIP published a report examining the price mark-ups of 10 drugs that can be delivered more cheaply by specialty pharmacies, including 3 drugs with multiple biosimilars available.

    According to a new report from AHIP, drugs dispensed in a hospital or doctor’s office can cost up to twice as much as the same drugs dispensed in specialty pharmacies.

    Researchers analyzed the cost of 10 drugs that are purchased, stored and administered in a hospital office or doctor’s office, but can also be delivered safely through a specialty pharmacy. Among the 10 drugs evaluated, 3 have several biosimilars available.

    On average, drugs dispensed in doctors’ offices cost $1,400 more, and the cost per single treatment in hospitals averaged $7,000 more than those purchased in specialty pharmacies. Hospitals charged, on average, 108% higher prices for the same drugs than specialty pharmacies, and doctors’ offices charged 22% higher.

    It should be noted that the cost estimate for drugs in doctors’ offices and hospitals did not include the cost of administering the drugs. Additionally, while mark-up amounts were estimated for a single treatment, all 10 drugs assessed require multiple treatments.

    “Specialty pharmacies reduce a patient’s healthcare costs by preventing hospitals and physicians from charging exorbitant fees to purchase and stock specialty medications themselves,” the authors write in the report. “Direct and secure delivery is more efficient and effective and reduces healthcare costs.”

    Researchers identified the 10 drugs evaluated using the list of top 25 drugs by spending in Medicare Part B in 2019, as well as consulting AHIP member plans on drugs commonly dispensed by specialty pharmacies. . They used medical and pharmaceutical claims data from the IBM MarketScan commercial database from January 1, 2018 to December 31, 2020 and calculated the average cost over 3 years for a single treatment for each of the 3 parameters.

    The 3 drugs examined with the biosimilars were:

    • Herceptin (trastuzumab, Genentech), which has 5 biosimilars available in the United States
      • Kanjinti, approved in June 2019 and launched in July 2019 by Amgen/Allergan
      • Ogivri, approved in December 2017 and launched in December 2019 by Viatris/Biocon
      • Ontruzant, approved in January 2019 and launched in April 2020 by Organon/Samsung Bioepis
      • Herzuma, approved in December 2018 and launched in March 2020 by Celltrion/Teva
      • Trazimera, approved in March 2019 and launched in February 2020 by Pfizer
    • Remicade (infliximab, Janssen Biotech), which has 4 biosimilars approved in the United States, but only 3 on the market
      • Renflexis, approved in May 2017 and launched in July 2017 by Organon/Samsung Bioepis
      • Avsola, approved in December 2019 and launched in July 2020 by Amgen
      • Inflectra, approved in April 2016 and launched in November 2016 by Celltrion/Pfizer
      • Ixifi, approved December 2017 by Pfizer, which has chosen not to market this product in the United States to avoid competition with Inflectra
    • Rituxan (rituximab, Biogen/Genentech), which has 3 biosimilars available in the United States
      • Truxima, approved in November 2018 and launched in November 2019 by Celltrion/Teva
      • Riabni, approved in December 2020 and launched in January 2020 by Amgen
      • Ruxience, approved in July 2019 and launched in January 2020 by Pfizer

    Other drugs reviewed were Botox (onabotulinumtoxinA), Keytruda (pembrolizumab), Ocrevus (ocrelizumab), Opdivo (nivolumab), Prolia (denosumab), Tecentriq (atezolizumab), and Xolair (omalizumab). The indications covered by the 10 drugs covered gambit, including various cancer indications, chronic migraine, multiple sclerosis, osteoporosis, psoriasis, Crohn’s disease, rheumatoid arthritis and asthma.

    Prolia had the highest margins, on average 215% in hospitals and 49% in medical practices, compared to specialty pharmacies. The smallest hospital market was 76% for Xolair and the smallest physician office profit margin was 7% for Rituxan.

    “The data is clear, specialty pharmacies reduce patient costs by preventing hospitals and physicians from charging patients, families and employers excessively high prices to purchase and stock specialty medications themselves,” said Matt. Eyles, president and CEO of AHIP, in a statement. “Secure Drop Shipping is a safe and smart competitive alternative that improves affordability and access for all.”

    Forbes Names AMN Healthcare to America’s Top Employers List

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    AMN Healthcare (NYSE: AMN), the leader and innovator of global talent management solutions for healthcare organizations across the country, today announced it has been named one of America’s Top Employers for 2022 by Forbes magazine.

    “We are thrilled to be part of this list of prestigious and dynamic companies that have been identified by their own team members as the best employers in the country,” said Susan Salka, President and CEO of AMN Healthcare. . “We strive to be an employer of choice and are delighted with the strong validation from our team members that inclusion on this list entails.”

    The Forbes list of America’s Best Employers for 2022 comes from a survey of more than 60,000 employees working for companies with at least 1,000 people. Conducted anonymously, the survey asked employees if they would recommend their company to friends and family on a scale of 0 to 10, with 10 indicating they would definitely recommend their employer. The survey was also based on statements and ratings provided by employees on topics such as wages, working conditions, opportunities for advancement and the image of their company.

    According to Salka, a key driver of the high ratings AMN Healthcare has received from its team members is the company’s long-standing commitment to diversity and inclusion. Sixty-seven percent of AMN Healthcare’s team members are women while 36% are people of color. Additionally, AMN Healthcare has a strong commitment to supporting and retaining team members during Covid-19, according to Salka.

    “We have transformed our operations in response to the pandemic to meet the needs of our team members, emphasizing worker safety and providing essential work-from-home options for employee satisfaction,” said Salka. “We are proud that our team members continue to see AMN as an employer of choice, even during a particularly difficult time.”

    About AMN Health

    AMN Healthcare is the leader and innovator of global talent management solutions for healthcare organizations across the country. The Company provides access to the most comprehensive network of quality healthcare professionals through its innovative recruitment strategies and breadth of career opportunities. With knowledge and expertise, AMN Healthcare helps providers optimize their workforce to successfully reduce complexity, increase efficiency and improve patient outcomes. AMN’s global talent management solutions include managed service programs, clinical and interim health managers, temporary staffing, executive search solutions, vendor management systems, recruitment, predictive modeling, language interpretation services, revenue cycle solutions, accreditations and other services. Customers include acute care hospitals, community health centers and clinics, physician groups, retail and urgent care centers, home health facilities, schools and many other institutions health care. AMN Healthcare is committed to fostering and maintaining a diverse team that reflects the communities we serve. Our commitment to the inclusion of many different backgrounds, experiences and perspectives enables our innovation and leadership in the healthcare services industry. For more information about AMN Healthcare, visit www.amnhealthcare.com.

    Centaurus Metals: Corporate presentation – RIU Explorers Conference

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    Warning

    This presentation does not constitute investment advice. Neither this presentation nor the information contained herein constitutes an offer, invitation, solicitation or recommendation to buy or sell shares in any jurisdiction. This presentation does not take into account any particular investment objectives, financial resources or other relevant circumstances of any person and the opinions and recommendations contained in this presentation are not intended to represent particular investment recommendations to any person. particular. All securities transactions involve risks, which include (among others) the risk of adverse or unexpected developments in the market, financial or political situation.

    To the fullest extent permitted by law, the Company makes no representations or warranties, express or implied, as to the accuracy or completeness of any information, statement, opinion, estimate,

    aloneforecasts or other representations contained in this presentation. No liability for any errors or omissions in this presentation resulting from negligence or otherwise is accepted.

    This presentation may include forward-looking statements. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions beyond the control of Centaurus Metals. These risks, uncertainties and assumptions include commodity prices, currency fluctuations, economic and financial market conditions in various countries and regions, environmental risks and legislative, tax or regulatory developments, political risks, delays or project progress, approvals and cost estimates. Actual values, results or events may differ materially from those expressed or implied in this presentation. Given these uncertainties, readers are cautioned not to rely on any forward-looking statements. All forward-looking statements contained in this presentation speak only as of the date of this presentation. Subject to any continuing obligation under applicable law and ASX listing rules, Centaurus Metals undertakes no obligation to update or revise any information or any of the forward-looking statements contained in this presentation or any changes of events, conditions or circumstances on which any such forward-looking statement is based.

    The scoping study referred to in this presentation was undertaken for the purpose of an initial assessment of a potential development of the Jaguar Nickel Sulphide project. This is a preliminary technical and economic study (±40%) of the potential viability of the Jaguar Nickel Sulphide project. The results of the scoping study, the production target and the forward financial information mentioned in this presentation are based on technical and economic evaluations of low level of precision which are insufficient to support the estimate of the ore reserves. Although each of the modifying factors has been considered and applied, there is no certainty

    useeventual conversion into ore reserves or that the production target itself will be achieved. Further exploration and evaluation work and appropriate studies are required before Centaurus is able to estimate ore reserves or provide any assurance of an economic development case.

    The assumptions also include assumptions about the availability of funding. Although Centaurus considers all material assumptions to be based on reasonable grounds, there can be no certainty that they will prove to be correct or that the range of results indicated by this study will be achieved. To achieve the range of results indicated in the scoping study, pre-production funding in the order of US$288 million will likely be required. There is no certainty that Centaurus will be able to find this amount of funding should the need arise. It is also possible that such financing may only be available on terms that could dilute or otherwise affect the value of the Centaurus shares. It is also possible that Centaurus will pursue other value realization strategies such as a sale, partial sale or joint venture of the Jaguar Nickel Sulphide project. This could significantly reduce Centaurus’ proportionate interest in the Jaguar Nickel Sulphide project.

    The information contained in this report regarding exploration results is based on information compiled by Mr. Roger Fitzhardinge, Fellow of the Australasia Institute of Mining and Metallurgy. Mr. Fitzhardinge is a permanent employee and shareholder of Centaurus Metals Limited. Mr. Fitzhardinge has sufficient experience that is relevant to the style of mineralization and type of deposit being investigated and to the activity he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Sir

    staffFitzhardinge consents to the inclusion in the report of matters based on its information in the form and context in which it appears.

    The information in this December 2021 Jaguar Mineral Resource report is based on information compiled by Mr. Lauritz Barnes (consultant to Trepanier Pty Ltd) and Mr. Roger Fitzhardinge (permanent employee and shareholder of Centaurus Metals Limited). Mr. Barnes and Mr. Fitzhardinge are both Fellows of the Australasian Institute of Mining and Metallurgy. Mr. Barnes and Mr. Fitzhardinge have sufficient experience relevant to the styles of mineralization and types of deposits under consideration and the activities undertaken to qualify as competent persons as defined in the edition 2012 of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves. Specifically, Mr. Fitzhardinge is the competent person for the database (including all drilling information), geological and mineralization models as well as site visits. Mr. Barnes is the competent person for the construction of the 3-D geology/mineralization model plus the estimate. Mr. Barnes and Mr. Fitzhardinge consent to the inclusion in this report of matters based on their information in the form and context in which it appears.

    The Company confirms that it is not aware of any new information or data that materially affects the information included in the initial market announcements and, in the case of mineral resource estimates, that all significant assumptions and technical parameters underlying estimates in the original market announcements continue to apply and have not changed materially. The Company confirms that the form and context in which the Competent Persons findings have not changed materially from the original announcement.

    This presentation contains information extracted from the Company’s ASX market announcements dated March 29, 2021 and May 31, 2021 which are available on the Company’s website at www.centaurus.com.au. The Company confirms that all material assumptions underlying the Jaguar project scoping studies, as detailed in the ASX market announcements of March 29, 2021 and May 31, 2021, continue to apply and have not materially changed. exchange.

    2

    Nigerian stock exchange wants to attract tech IPOs

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    By Seth Onyango, Bird Stories Agency

    Nigeria has set in motion what could herald a new dawn for African tech start-ups as it considers adopting new listing rules to encourage tech companies to go public.

    The Nigerian Exchange Group (NXG) is launching a charm offensive to attract tech unicorns to the stock exchange, in part to resuscitate the market after a lull in new listings.

    Its pivot to fintech companies underpins the maturing of Africa’s tech ecosystem – now a prime destination for foreign direct investment.

    NXG is building a NASDAQ-style board of directors to cement itself on the fast-growing internet economy being created by local tech companies.

    Olumide Bolumole, Division Head of Listing Business at NXG, revealed that the exchange will make sweeping changes to make listing attractive for tech companies.

    He singled out the “break-even point,” one of the current prerequisites for listing a company on the stock exchange, saying the requirement hinders the growth potential of tech companies.

    NGX demutualized in 2021, taking the company private in a move it hopes will attract greater flows of foreign and domestic investment to the Nigerian stock exchange, with a renewed focus on corporate governance and the ability to expand into other markets and sectors.

    NGX consists of a holding company and three subsidiaries which cover the operations of the Nigerian Stock Exchange (NSE), its regulation and its real estate. This structure is similar to those of other international exchange groups such as the London, New York and Johannesburg exchange groups.

    Nigeria and a few other African states have unicorns – start-ups that have reached a market valuation of over US$1 billion – including: Jumia Technologies, Interswitch, Flutterwave, Andela, Wave, OPay and Chipper Cash.

    Five of them have become unicorns in 2021, including two in September alone, indicating unprecedented levels of interest in Africa’s start-up market.

    But despite being Africa’s fourth-largest stock market, none of the top Nigerian start-ups to date have listed on the Lagos-based NSE. The proposed reforms should help tech companies access broader capital markets, starting at home.

    According to little trackerthe Nigerian government is in the process of implementing the Nigerian Startup Bill (NSE).

    It will create a new regulatory framework that should allow innovation-driven businesses to thrive.

    “The bill also aims to address common shortcomings such as insufficient digital infrastructure, tax exemptions and access to capital,” little tracker noted.

    Listings of African tech companies have many benefits, including raising funds and providing an exit route for investors, supervising and monitoring securities transactions, and fair pricing for securities.

    Timely disclosure of company information and better business practices are also some of the benefits of a company going public. Studies have shown that consumers are often more willing to support listed companies.

    For Nigeria, listing start-ups could help revive the country’s stock market after a three-year drought. Over the past few decades, Nigeria’s market capitalization has fallen far below its potential.

    “In 2020, the market capitalization of the Johannesburg Stock Exchange (JSE) reached $1,050 billion, or 235% of the country’s GDP, which stands at $301 billion,” according to little tracker.

    While the NSE has outperformed in 2020, growing as much as 50% with $4.5 billion in new listings, its market capitalization of $56.6 billion – just 13.1% of the relatively huge GDP of $432.3 billion – shows that there is considerable room for growth.

    /bird story agency

    The Best Backup and Disaster Recovery Services of 2021

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    The Winners of the Backup and Disaster Recovery Hardware, Software and Services Category of the 2021 Competition Storage magazine and the SearchStorage Products of the Year competition reflect some of the top concerns of data protection professionals, as well as growing market trends.

    Increased ransomware protection is common to all three winners. With widespread remote working continuing, critical data is more vulnerable to attack than ever. This has led to backup-specific developments in ransomware technology.

    Cloud-native backup is a core component of the top two offerings — from Druva Inc. and Veeam Software — in this category. Cloud backup and recovery are abundant on the market today, but products that simplify the cloud and improve reliability stand out from the competition.

    Immutability is a useful data saving feature, especially against ransomware. Immutable backups can prevent malicious or accidental deletion of data because they are not modifiable. Both Veeam and our bronze winner, Kasten by Veeam, offer unchanging products.

    Additionally, Kubernetes integration, a feature of Veeam and Kasten, is an area of ​​increased focus in the backup landscape.

    The overall category included data protection hardware, backup software built into hardware appliances, tape libraries and drives, backup media, disk backup targets, and deduplication devices. It also covered backup and restore software; cloud backup and recovery services; and on-premise backup and disaster recovery (DR), snapshot, replication, and archiving products.

    Gold Winner: Druva Cloud Platform

    Updates to the Druva Cloud Platform, now called Druva Data Resiliency Cloud, impressed the judges this year, earning it first place in the Backup and DR Hardware, Software and Services category. The cloud-native data protection platform added anomaly detection, hybrid workload protection, and orchestrated cloud disaster recovery.

    These features have made an already solid data protection platform even better suited to the growing threat of ransomware. “Zero-Trust security models are increasingly important, especially when it comes to providing backup and ransomware protection,” a judge said.

    In addition to providing protection for SaaS applications, the product is reasonably priced for high performance without added complexity.

    “It offers cloud-like simplicity from a cloud-delivered service,” said another judge, who also cited the platform’s pricing flexibility as a major benefit.

    The Druva Cloud Platform Console provides a snapshot of protected enterprise data and centralized access to protection, governance, and cyber-resilience services.

    Easy installation, industry-leading application support, and scalable framework are other key features that helped Druva strike gold.

    As one judge succinctly put it, “Druva just works.

    Silver Winner: Veeam Backup & Replication v11

    Veeam Backup & Replication is a major player in the market. Version 11 of the product not only continued to do what Veeam does best, but introduced over 200 improvements.

    The continuous protection of virtual machine data was a highlight for the judges, along with the immutable backup features that make backup and replication well suited for ransomware protection. The product integrates native backup and recovery for major cloud services including AWS, Google Cloud, and Azure.

    The integration of Kubernetes and AI support made this offering stand out to a judge, who called it “super tech.”

    Other user-friendly platform updates enable customers to better meet service level agreements with disaster preparedness and ransomware protection. These features help mitigate downtime and data loss, as well as help meet data retention compliance requirements.

    Veeam Backup and Replication v11
    The Veeam Backup & Replication v11 CDP Policy Dashboard allows users to specify policy scheduling and retention options.

    Kubernetes support is an increasingly important feature for data backup and DR services, and many backup vendors have begun to extend or release Kubernetes features.

    Bronze winner: Kasten K10 v4.5

    Acquired by Veeam Software in September 2020, Kasten has seen a tear in the backup and disaster recovery services market with its Kubernetes-focused protection. K10 v4.5 added immutability for ransomware protection and accidental deletion insurance. It supports container services, such as HPE Ezmeral Container Platform, Microsoft Azure Stack, Nutanix Karbon, and Red Hat OpenShift.

    “Kasten’s K10 is one of the most innovative solutions for cloud-native data protection,” a judge said. “It’s heavily integrated with Kubernetes, while offering a level of ransomware protection that goes beyond what many of its competitors can offer.”

    “Kasten was and continues to be the premier container backup software,” said another judge.

    Kasten K10 v4.5
    Kasten K10 v4.5 Multicluster Dashboard allows users to create and distribute policies and profiles to multiple clusters.

    Kasten K10 took first place in this category in 2020 with an earlier version, and the vendor has continued to innovate and improve the product. According to Kasten, this release incorporates the industry’s first native Kubernetes ransomware protection capabilities.

    Get the full list of Storage magazine and the winners of SearchStorage’s 2021 Product of the Year category.

    List of Credit Suisse Inflation Boosted Stocks

    0

    With inflation climbing 7.5% in the 12 months to January, you might be wondering which stocks could benefit.

    The last 12 months have been a good period for stocks that benefit from inflation, according to Credit Suisse.

    “Over the past year, inflation-sensitive stocks have outperformed their benchmarks,” Credit Suisse analysts, led by Patrick Palfrey, wrote in a commentary.

    For large caps, the outperformance ranged from 25% for inflation beneficiaries to 14% for the S&P 500. Inflation beneficiaries make up the top third of the index.

    “In addition, more inflation-sensitive stocks are trading at a lower price than the rest of the market,” Credit Suisse said.

    He offered a list of top stocks filtered out for inflation beneficiaries for various market indices. Credit Suisse began by calculating each stock’s response to daily changes in inflation thresholds.

    This is equivalent to calculating the average daily return of the stock on days when inflation rises and days when inflation falls over the past 12 months.

    The company’s inflation sensitivity score is the difference between the return on up days minus down days.

    Top 50 beneficiaries of inflation in the S&P 500 include Exxon Mobil (XOM) – Get Exxon Mobil Corporation reportSchlumberg (SLB) – Get Schlumberger NV report Dow (DOW) – Get the report from Dow, Inc.Las Vegas Sands (LVS) – Get the report from Las Vegas Sands Corp.Etsy (ETSY) – Get the report from Etsy, Inc.Norwegian Cruise Line (NCLH) – Get the report from Norwegian Cruise Line Holdings Ltd.under protection (UAA) – Get Under Armour, Inc. Class A ReportState Street (STT) – Get the report from State Street CorporationCapital One Financial (COF) – Get Capital One financial company report and SolarEdge technologies (SEDG) – Get the report from SolarEdge Technologies, Inc.. The list is heavy on energy and financial companies.

    Rising interest rates, inflation and market volatility are on the horizon. You don’t want to miss this exclusive opportunity to unlock Action Alerts PLUS at our lowest price of the year.

    The Tel Aviv Stock Exchange shaken by the Ukrainian crisis

    0
    YERUSHALAYIM

    View of the Tel Aviv Stock Exchange (Avshalom Sassoni/Flash90/File)

    The news that Israel is urging its citizens in Ukraine to leave as soon as possible because a Russian invasion seems likely, echoed on the Tel Aviv Stock Exchange on Sunday.

    The shares fell sharply, globes reported: The Tel Aviv 35 index fell 3.03% to 1,926.48 points; the Tel Aviv 125 index fell 3.15% to 2,018.31 points; and the BlueTech Global Index fell 3.38% to 483.73 points. The All Bond corporate bond index fell 0.14% to 387.96 points. Turnover totaled NIS 1.42 billion in stocks and NIS 1.65 billion in bonds.

    The Bank of Israel on Friday raised the representative shekel-dollar exchange rate by 0.435%, to 3.235 NIS/$, and the representative shekel-euro rate was fixed at 0.052%, at 3.685 NIS/€.

    Banks played a leading role in the decline, with Bank Leumi falling 2.51%, Bank Hapoalim 3.07%, Israel Discount Bank 3.13% and Mizrahi Tefahot Bank 3.10%. .

    Nova Measuring Instruments fell 6.07% for the biggest drop in the Tel Aviv 35 index today. Tower Semiconductor fell 5.29% and NICE-Systems 3.23%.

    Israel Corp. rose 0.31%, the only stock to rise on the Tel Aviv 35 index on Sunday.

    Analysis: Rams know the ring is the thing that will win LA

    0

    LOS ANGELES (AP) — When Kevin Demoff starts listing the reasons Los Angeles can become a Rams hometown again, it’s pretty hard not to buy what he’s selling.

    After all, the talkative Rams COO has a tantalizing product to offer this week.

    The Los Angeles Rams have a star-studded roster, a charismatic young coach and a risk-taking general manager. They played exciting and innovative football in a half-decade of winning seasons and championships, culminating Sunday with their second Super Bowl appearance in four years.

    And this Super Bowl? It coincidentally takes place at SoFi Stadium, the 2-year-old home ground of the Rams and the centerpiece of a multi-billion dollar football mecca being built by Rams owner Stan Kroenke.

    “If it was a Hollywood script, it would be thrown out because no one would believe it,” Demoff said.

    All that’s missing is a triumphant ending that would cap off this epic journey – and set up a whole lot of sequels.

    The Rams returned home to Southern California in 2016 with a grand vision that extends far beyond the confines of their lavish arena.

    They already have a passionate local fanbase – far larger than perceived by uneducated national prospects. But the Rams want to be the footballing peers of basketball’s Lakers and baseball’s Dodgers, two global sports brands and by far the two most popular sports institutions among the roughly 19 million residents of the vast Los Angeles metropolitan area. .

    The Chargers, who arrived in 2017, share those goals, but the Rams have a huge head start that could become almost insurmountable on Sunday. The Rams believe this SoFi Super Bowl will be a catalyst for realizing their greatest ambitions in Inglewood and beyond.

    “I think this is an unprecedented opportunity for the Los Angeles Rams,” Demoff said. “When you get the chance to play in a Super Bowl, it always helps win hearts and minds. When you get the chance to host a Super Bowl, it obviously helps elevate your brand. … When you combine those two , it’s an incredibly powerful mix to grow that next generation of fandom.

    While the Rams have already managed to create a very attractive product – they even have flashy, fashion-forward uniforms for the sizable portion of fans drawn to sports fashion – they all realize that the most irresistible item for any fan is a championship. Ring.

    And then another. And then another.

    If the Rams earn the first Super Bowl win of their two eras in Los Angeles on Sunday, they’re confident it will be a watershed moment for a team that wants to be LA’s football team for generations.

    “It’s super impactful for kids growing up, for new fans growing up,” Rams wide receiver Robert Woods said. “That’s how you become their favorite team. This is how you get long loyal fans. You get rings. You get trophies.

    Woods knows a lot about the people who live and die for LA sports: He’s a Los Angeles native and a product of USC who joined the Rams in 2017 in the same offseason as Sean McVay, left tackle Andrew Whitworth and rookie receiver Cooper Kupp, forming the foundation of this football powerhouse.

    Woods will miss the Super Bowl with a knee injury, but he hopes to see the Rams take the next step in the heart of his city.

    “For me, growing up in LA, it’s the championship city,” Woods said. “Seeing the Lakers, Shaq and Kobe dominate. See the Dodgers dominate. See the Kings win their championships. I feel like it’s time for us. We have to be part of this LA legacy, this LA story. You have to win championships in Los Angeles.

    “We could win NFC championships. You might win playoff games, but that’s not what we do here in Los Angeles. I feel like we’re winning championships. We make our fans proud. We make them loyal fans, and this is how you do it: you win championships, you organize parades in Figueroa (street).

    The Rams have been realistic about what it takes to achieve the place they seek in a city’s sports hierarchy with incredibly fragmented fan loyalty after a 21-year absence from the NFL. Demoff has few illusions about changing the minds of the millions of Generation X Raiders fans in Los Angeles, or the midwestern transplants who cling to their cold-weather teams in their sunny new home.

    “The most important thing we can do to build this franchise after 20 years away is capture the next generation of fans,” Demoff said. “There are so many fans who grew up from 1995 to 2016 without a team to support. … What it’s about are the 8, 9, 10 year old kids growing up wearing Cooper Kupp jerseys, wearing Aaron Donald jerseys and becoming lifelong Rams fans.

    Sunday is the most important moment in this six-year quest, but it is only a moment. While observers watch the Rams’ aggressive roster-building strategies and wonder when unpaid bills will come due, the Rams believe they have a business model that can win indefinitely, especially with McVay in charge.

    They also believe the wins and attention they garnered over this exciting five-year span have sown the seeds that will blossom into something that can reach the heights currently achieved by Los Angeles’ most beloved teams.

    “I absolutely believe we can be at the level that the Dodgers and Lakers have been and continue to be,” Demoff said. “These teams have had decades of success building a deep, multicultural fan base. Stars, legends, Hall of Famers and building consistency. The next two weeks are important, but so is 2022, and so is 2023.

    “You can’t get to the top of this market by having one great season. You get to the top of this market by having a great season after a great season, after a great decade, after a great decade, and building generations fans with it.

    Arjun Kapoor shares his list of special films for Valentine’s Day and salutes the films of Imtiaz Ali | Hindi Movie News

    0
    From flowers to dinner reservations, we’ve all already planned what to do on Valentine’s Day. Spending quality time with loved ones and making them feel extra special is what the celebration of love needs. Our own Bollywood stars are no exception. For example, Arjun Kapoor shared great ideas with his fans on how to spend this Valentine’s Day with their loved ones.

    The popular actor took to his Instagram handle and shared a video compiling an elite list of some of the most critically acclaimed romance films in Bollywood. On the list, Arjun clearly pays homage to acclaimed filmmaker Imtiaz Ali as the actor kept Imtiaz’s films in the list. He captioned the video as follows: “February means love, and love means @imtiazaliofficial 💯 #ArjunRecommends.”

    Celebrating love, the list of recommendations includes Imtiaz Ali films like “Tamasha”, “Jab We Met”, “Love Aaj Kal”, “Rockstar” and “Socha Na Tha”. His fans agreed with the list of movies as one wrote, “Imtiaz’s love movie. he wrote, ‘2 STATES 😍 ISHAQZADE ❤️❤️❤️ HALF Girlfriend ❤️ Ki&ka. ”

    Meanwhile, work-wise, Arjun is currently busy filming his upcoming movie “Kuttey”, directed by Aasmaan Bhardwaj.

    anil ambani: Sebi bars Anil Ambani, RHFL, 3 securities market executives

    0
    Mumbai: The Securities and Exchange Board of India (Sebi) on Friday banned Reliance Home Finance Ltd (RHFL), industrialist Anil Ambani and three others from trading directly or indirectly in the securities market for allegedly engaging in fraudulent business-related activities. The regulator has also barred Ambani and the three individuals from associating with any listed company or intermediary or acting as a director or promoter of any listed company until further notice.

    The others are three of Reliance Home’s senior executives, Amit Bapna, Ravindra Sudhakar and Pinkesh R Shah.

    Sebi alleged that the company engaged in embezzlement and misrepresentation of books of accounts and falsification of financial statements, resulting in the non-disclosure of true and fair information to the general public.

    “..it should be noted that the investigation of Sebi has already brought to light how Noticee no. 2(Anil Ambani), (the Promoter/Chairman and the person under whose control and influence the Company acted), behaved beyond his attributions by sanctioning loans in flagrant derogation from the standards (internal and regulatory) and also by going against the explicit guidelines of the board of directors under which such loans should have been prevented from being sanctioned, he further sanctioned GPCL (general purpose corporate loan) at various related entities,” Sebi said in his late-released 100-page order. Friday.

    “Such a fault on the part of Noticee no. 2 (Anil Ambani) as Chairman of the company senses the fraudulent intent of the senior management of the company, firstly, to divert funds borrowed from the company intended to be advanced to genuine third party borrowers to the coffers of various entities of the promoter group under the cover of a series of false loans GPC (general objective of the company), then to cover the losses and NPA (non-performing asset) resulting from these transactions by concealing the real financial health of the company from the shareholders and the general investing public, who could never know the real financial situation of RHFL by looking at the prepared books of accounts presented to them through the stock exchanges,” said SK Mohanty, a full-time member of Sebi, in his order.

    Reliance Home Finance could not be reached for comment.

    The regulator said the other three individuals, who were senior executives (KMPs) of the company, allegedly colluded with senior management and actively associated with the embezzlement of funds from Reliance Home.

    These executives also allegedly misrepresented accounts as well as false disclosures to the public, Sebi said.

    Daily Briefing: SC No to Urgent Registration of Hijab Petition; People want more accountability on social media, says IT minister

    0

    Big story

    On the day the Karnataka High Court issued its observations on the hijab issue in its interim order, reiterating its call for classes to reopen and for students to attend without wearing religious attire, the The Supreme Court also refused to grant emergency registration for an appeal against the interim order and asked the petitioners not to “extend” the controversy to “wider levels”.

    Only in the Express

    Addressing The Indian Express, Union Minister for Communications, Electronics and Computers, Ashwini Vaishnaw, says that the government wants to build consensus when it comes to having stricter guidelines for social media. “People all over the world are saying there needs to be more accountability on social media, mainly because our children and family members are affected by it. So, do we need to have a more self-regulatory regime where accountability is higher on social media? that is the question,” he said.

    From the first page

    Minister of Foreign Affairs S Jaishankar joined his counterparts of the United States, Japan and host Australia at the Quad foreign ministers’ meeting in Melbourne to send a clear signal to Beijing, underscoring their pursuit of a “shared vision” to maintain “an international order rules-based, free from coercion – one based on respect for territorial integrity and sovereignty”. However, Jaishankar publicly took a slightly nuanced position compared to the other three foreign ministers on at least two important issues. : the Russian-Ukrainian dispute and the question of Myanmar.

    While Prime Minister Narendra Modi can call dynasties greatest enemies of democracy, some candidates, who cross party lines, are using the Punjab Assembly polls to introduce voters to their political heirs in not-so-subtle ways. Enter the industrial town of Batala and you’ll be greeted by large billboards of Congress candidate Ashwani Sekhri and his sworn opponent, Fateh Jung Bajwa of the BJP. A common feature of the two is the photo of their offspring on the posters.

    Both women were inside the safety of their homes, with loved ones, when tragedy struck. A much of the sixth floor collapsed to the first floor of the ‘D’ tower of the Chintels Paradiso company in Sector 109 of Gurgaon, killing Ekta Bhardwaj (40) on the second floor and Sunita Srivastava (55) on the first floor on Thursday.

    must read

    After at least 60 people died from illicit alcohol consumption in just four months, the Bihar government is considering the use of “scan tunnels” to prevent alcohol smuggling neighboring states of UP, Jharkhand and West Bengal, and Nepal. The ambitious project is expected to cost over Rs 100 crore, a senior excise department official said. But how does a scanning tunnel work? Well, it’s based on industrial technology with high-tech cameras that can take images of a package from all sides and software to decode product information into barcodes.

    For days, two women have been sending letters and going around the offices of different political parties here with a request: that a the ticket is not delivered to Aman Mani Tripathi. On Thursday, the BSP identified the accused of Nautanwa’s murder, in Maharajganjthe seat the 31-year-old won as an independent in 2017.

    Virtual campaigning is futile in Ranikhet in Uttarakhand, the scenic hill town nestled in the Himalayas. Located around 1,800 meters above sea level, internet connectivity here is poor and often dependent on clear weather conditions. No one understands the struggle better than the candidates in the next election. We spent the day with constituency BJP candidate Pramod Nainwal, who showed us how he campaigned without physical rallies, road shows and an online presence.

    At Rajya Sabha earlier this week, Prime Minister Modi gave a little history lesson on the coastal state of Goa. His speech included some mockery directed at former Prime Minister Jawaharlal Nehru, under whose leadership Goa was liberated in December 1961. Key BJP leaders campaigning in Goa ahead of the assembly elections also claimed that if he wanted, Nehru could have liberated Goa in 1947 itself. Professor Rahul Tripathi from the University of Goa explains what really happened during the liberation of Goa struggle, and in what national and global context.

    And finally

    Only Indian athlete at the Beijing Olympics, alpine skier Arif Mohammed Khan got into winter sports after being encouraged by his father, who owned a ski shop in Gulmarg. From funding to full-fledged controversy over a trip to Pakistan – Arif had to navigate many hurdles before making it to Beijing. But as his father soon realized after he started skiing: Arif is not “darpok” (cowardly).

    Delhi Confidential: Finance Minister Nirmala Sitharaman, while responding to the budget discussion, lost her temper when CPI(M) MP John Brittas lashed out at her own leftist colleague from Kerala, the leader of the ICC Binoy Viswam. Brittas stood up and told Sitharaman in a lighter vein that Viswam had “a right to be agitated as the finance minister repeatedly referred to the CPI slide!”.

    Until tomorrow,
    Rahel Philipose and Rounak Bagchi

    Express cartoon by EP Unny.

    SOS Announces Receipt of NYSE Non-Compliance Letter Regarding ADS Trading Price

    0

    QINGDAO, China, February 11, 2022 /PRNewswire/ — SOS Limited (NYSE: SOS) (the “Company” or “SOS”) announced today that the Company has received a letter from the New York Stock Exchange (the “NYSE”) dated January 14, 2022notifying SOS that it is below compliance standards due to the trading price of SOS’s American Depository Shares (the “ADS”).

    In accordance with NYSE 802.01C, a company will be considered below compliance standards if the average closing price of a security as shown on the consolidated tape is less than $1.00 over a period of 30 consecutive trading days. Once notified, the company must bring its share price and its average price above $1.00 within six months of receipt of the notification. The company may revert to compliance at any time during the six-month recovery period if, on the last trading day of any calendar month during the recovery period, the company has a closing price of at least $1.00 and an average closing price of at least $1.00 over the 30 trading day period ending on the last trading day of that month. In the event that upon expiry of the six-month cure period, both a $1.00 closing price of the share on the last trading day of the cure period and a $1.00 the average closing price of the stock over the 30 trading days ending on the last trading day of the correction period is not reached, the NYSE will initiate suspension and delisting proceedings.

    The notice has no immediate impact on the listing of the Company’s ADSs, which will continue to be listed and traded on the NYSE during the cure period subject to continued compliance with the other listing requirements of the NYSE.

    About SOS Limited

    SOS is an emerging provider of blockchain and big data-based marketing solutions, with a national base of approximately 20 million members in China. SOS is also engaged in blockchain and supercomputing operations, and may expand into cryptocurrency security and assurance in the future. Because April 2021, SOS launched commodity trading through its subsidiary SOS International Trading Co. Ltd. The basic infrastructure of marketing data, technology and solutions of SOS for insurance and emergency relief services is based on big data, blockchain-based technology, cloud computing, AI, satellite, and 5G network, etc. SOS has created a “software as a service (SaaS)” cloud platform for emergency rescue services, with three main product categories: basic cloud, cooperative cloud and information cloud. This system provides innovative marketing solutions to customers such as insurance companies, financial institutions, medical institutions, healthcare providers, car manufacturers, security providers, elderly assistance providers and other service providers in the emergency rescue services industry.

    For more information about SOS, please visit http://www.sosyun.com/

    Safe Harbor Statement

    This press release contains forward-looking statements made under the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “will”, “expect”, “anticipate”, “future”, “intend”, “project”, “believe”, “estimate”, ” confident”, “optimistic” and similar statements. SOS may also make written or oral forward-looking statements in its reports filed with or furnished to the United States Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. All statements that are not historical facts, including statements about SOS’s beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from forward-looking statements. These factors and risks include, but are not limited to: local government policies and regulatory oversight of cryptocurrency mining and other SOS operations; SOS’s blockchain and supercomputing, commodity trading and marketing solutions businesses are still under development, with many uncertainties about the future direction and integration of these different business segments; the inability to effectively manage newly launched commodity trading businesses; loss of key commodity trading customers; the inability to access a large amount of electricity at reasonable costs could significantly increase SOS’s operating expenses and adversely affect demand for SOS’s mining operations; any significant or prolonged failure of the data warehouse facilities and data mining facilities that SOS operates or the services that it provides, including events beyond its control, would result in significant costs and disruptions and reduce the attractiveness of its facilities, would harm its commercial reputation and have a material adverse effect on its results of operations; security breaches or alleged security breaches of our data warehouses could disrupt SOS’s operations and have a material adverse effect on its business, financial condition and results of operations; uncertainty in the global supply chain and international shipping. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the United States Securities and Exchange Commission. All information provided in this press release is current as of the date of the press release, and SOS assumes no obligation to update such information except as required by applicable law.

    SOS SOURCE limited

    POLARITYTE, INC. : Notice of expungement or non-compliance with a continuing registration rule or standard; Transfer of Enrollment (Form 8-K)

    0
    Item 3.01   Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
                Standard; Transfer of Listing.
    
    
    
    

    As stated earlier, on August 13, 2021, PolarityTE, Inc. (the “Company”) received a staff deficiency letter from the Rating Qualifications Department (the “staff”) of the Nasdaq Stock Exchange (“Nasdaq”) advising the Company that the Company has failed to comply with the $1.00 the minimum bid price requirement per share for continued inclusion in the Nasdaq Capital Markets pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement” ). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company was granted an initial period of 180 calendar days to comply with the minimum offering price requirement, which expired February 9, 2022. At February 10, 2022the Company has received an additional notice from Staff (the “February Notice”) stating that, although the Company has not regained compliance with the minimum bid price rule in February 9, 2022staff have determined in accordance with Nasdaq listing rule 5810(c)(3)(A) that the company is eligible for an additional 180 calendar days from the date of the November notice, or until August 8, 2022, to regain compliance with the minimum bid price rule. To restore compliance, the bid price for the common shares of the Company must close at $1.00 per share or more for at least 10 consecutive business days.

    The February Notice has no effect on the listing or trading of the Company’s common stock at this time, and the Company is currently evaluating its alternatives to resolve this listing failure, including, if necessary and subject to the approval of its Board of Directors and shareholders, implementing a reverse stock split.

    © Edgar Online, source Previews

    Analyze the numbers on brand ROI requests from esports activations

    0

    The relationship between esports organizations and their brand partners is no longer in the honeymoon phase. In the past, non-mainstream brands viewed esports partnerships as an opportunity to establish a presence in the gaming community.

    In 2022, the same brand partners are taking things a step further by requiring accurate tracking of engagement and ROI.

    “Brands are getting more sophisticated and saying, ‘Here are the criteria that will get me a successful ROI on my marketing spend, and you have to prove it to me,'” said Adrian Montgomery, CEO of ‘Enthusiast Gaming, at Digiday earlier this week. . “So if you’re the company that aggregates audience data that can’t back it up, it won’t be enough for a Procter & Gamble; it won’t be enough for a Bacardi or a Coca-Cola.

    The past few years have been a boon for esports companies; Teams have set successive records with the size and scope of their brand partnerships. In June 2021, TSM changed its name to TSM FTX after signing a ten-year, $210 million deal with a cryptocurrency exchange. In January of the same year, Team Liquid also signed a 10-year extension of its partnership with PC maker Alienware. With gaming gradually becoming the dominant form of entertainment, brands are turning to esports to reach this growing audience. “I think brands are finally starting to realize that the way you get Gen Z’s attention has totally changed,” said Lavell Juan, whose college esports platform Brag House has McDonald’s and Coke. -Cola among its brand partners.

    Despite this increase in brand activity, precise numbers describing the returns on brand investments in esports are scarce. A recent report published jointly by Nielsen and leading esports team Fnatic attempts to outline some of the benefits for brands that partner with esports organizations. Digiday reached out to Nielsen, Fnatic and other experts to shed light on the findings and methodology behind the report.

    The key details

    • The report was a joint effort between Nielsen and Fnatic, but the research itself was carried out by Nielsen, who Fnatic’s Director of Partnerships George Mead described as “an independent third party.” Nielsen’s basic tracking method is based on recognizing logo placement in esports broadcasts: using an algorithm, the company assigns value to partnerships based on how long they are viewed. brand logos on screen and the percentage of screen they occupy. The report also pulled data from surveys of esports fans, though it didn’t specify the sample size. “There are a number of elements to this; I don’t know if I would say there is a specific methodology,” said Phelan Hill, chief strategy officer at Nielsen Sports. “It’s just about understanding size and scale, and comparing them.”
    • The core of the report is its tracking of metrics such as viewership, specifically average concurrent viewers (the number of concurrent viewers), peak concurrent viewers, and total hours watched of events. ports. The report says last year’s League of Legends World Championships drew an average of 30.6 million concurrent viewers, more than the 9.9 million who tuned in to the 2021 NBA Finals. But while that number be promising, that’s only part of the picture. When tracking average concurrent audience, it’s important to keep in mind the denominator of the equation: available audience. While the League of Legends World Championship’s average concurrent viewership is an impressive number, no matter how you slice it, its percentage of the total available viewership was likely much lower than the NBA Finals.
    • Another promising statistic is the marked increase in brand recall resulting from brand activity in the esports community. According to the report, 87% of esports fans can name at least one esports event sponsor, with Red Bull, Nike and Xbox leading the charge when it comes to brand recognition. Part of this increase is the result of increased efforts by the esports organizations behind their brand activations. “We don’t really look at partnerships without having the storytelling as part of it,” Mead said. “Brands want to be able to tell their story in a natural, authentic and meaningful way – it’s no longer about slapping jerseys or putting your logo on different assets, which was essentially the old way of thinking in traditional sports. “

    International expansion

    Another goal of the report was to track general fan sentiment towards esports sponsors. In general, esports fans are more likely to have a positive opinion of event brand partners than traditional esports fans. “The main message for us is that the average sentiment is 55% positive around brands in this space,” Mead said.

    The report indeed indicated an average positive sentiment of 55%. Fan sentiment towards brands was slightly higher in the US market and slightly lower in the UK. However, these results focus on the markets most relevant to Fnatic and its LEC fan following: the US, France, Germany and the UK. 85% of the global esports audience is not included in these markets, and almost a third of the total audience is in China. That doesn’t mean the numbers are necessarily so far off, globally: China is teeming with esports companies, and so brand recall and sentiment in that market is likely to be equally high there. low.

    Make calculations, socially

    Esports teams are able to leverage their extensive social networks to support their sponsors – an advantage the report highlights by listing Fnatic’s social network total at 7.6 million. This figure only includes official brand accounts, not social accounts of Fnatic team members. “When you do that, people move around a lot and there’s this fluctuation,” Hill said.

    Indeed, the combined number of followers of esports organizations may see significant drops after losing high-profile influencers. But it’s the combined number that matters most for measuring brand exposure, and one that esports organizations often use to pitch their social reach to potential partners. Fnatic’s official brand accounts have 7.92 million subscribers, according to gaming and esports data platform GEEIQ – but its total social reach is 33 million, including its player accounts. In this case, the report is arguably underestimating an important aspect of the potential ROI value of esports teams. “The way we see it, the full ecosystem is what’s really engaging and powerful, not just the official channels,” Mead said.

    Many fish in the sea

    The report focuses on the growing ROI of brands partnering with esports teams, but partnering with organizations is just one way for brands to get involved in the esports community. All major esports leagues also have brand partners; brands such as BMW and Ford have had success sponsoring events in smaller esports such as Rocket League. While sponsorships from esports organizations can be a powerful asset, brands with deeper pockets can sign league-level partnerships to reach a relatively large fan base.

    SWK: Cancellation/Failure to Meet Registration Rule/Transfer of Registration – Form 8-K

    0

    UNITED STATES

    SAFETY AND EXCHANGES COMMISSION

    Washington, D.C. 20549

    FORM 8-K

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

    Report date (date of first reported event): February 4, 2022

    SWK HOLDING COMPANY

    (Exact name of the holder as specified in his charter)

    Delaware

    (State or other jurisdiction of incorporation)

    001-39184 77-0435679
    (commission file number) (IRS employer identification number)
    14755 Preston Road, Office 105, dallas, TX 75254
    (Address of main executive offices) (Postal code)

    (972)687-7250

    (Telephone number of holder, including area code)

    Check the appropriate box below if the filing of Form 8-K is intended to concurrently satisfy the filer’s filing obligation under any of the following provisions:

    oh Written communications pursuant to Rule 425 of the Securities Act (17 CFR 230.425)
    oh Solicit material in accordance with Rule 14a-12 of the Exchange Act (17 CFR 240.14a-12)
    oh Pre-opening communications pursuant to Rule 14d-2(b) of the Exchange Act (17 CFR 240.14d-2(b))
    oh Pre-opening communications pursuant to Rule 13e-4(c) of the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

    Title of each class Trading symbol(s) Name of each exchange on
    who recorded
    Ordinary shares, par value
    $0.001 per share
    SWKH

    the NasdaqFellowship LLC

    Favorite stock
    Purchase rights
    SWKH

    the NasdaqFellowship LLC

    Indicate with a check mark whether the registrant is an emerging growth company within the meaning of Rule 405 of the Securities Act of 1933 (§230.405 of this Chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b- 2 of this chapter). Growing emerging company oh

    If the company is an emerging growth company, indicate with a check mark whether the registrant has elected not to use the extended transition period to comply with new or revised financial accounting standards under the section 13(a) of the Exchange Act. oh

    Section 3.01 Notice of delisting or non-compliance with a rule or standard for maintaining registration; Registration transfer.

    On February 4, 2022, SWK Holdings Corporation (the “Company”) received a letter (the “Letter”) from the Nasdaq Stock Market, LLC (“Nasdaq”) stating that following the resignations of Messrs. Aaron Fletcher, D. Blair Baker, Edward B. Stead, Christopher W. Haga and Michael Weinberg of the Company’s Board of Directors (the “Board”), as previously disclosed in the current reports on Form 8-K filed by the Company on January 4, 2022 and January 7, 2022, respectively, the Company is no longer in compliance with Nasdaq listing rules 5605(b)(1), 5605(c)(2), 5605(d)( 2) and 5605(e)(1), which require that the board be composed of a majority of independent directors, that the audit committee of the board (the “Audit Committee”) be composed of at least three independent members and that the remuneration committee of the Board (the “Compensation Committee”) is composed of at least two independent members, and that the candidates for directorships are selected, or recommended for the selection of the Board, by a vote of a majority of independent directors or of a committee composed entirely of independent directors.

    In the letter, Nasdaq said that while a company normally has 45 calendar days to submit a plan to restore compliance to Nasdaq, Nasdaq has determined, pursuant to Nasdaq’s discretion set out in the listing 5101, to shorten the time for the company to submit its plan to regain compliance until February 16, 2022. If the company’s plan is accepted, the Nasdaq said the company could be granted up to 180 days from date of letter to demonstrate compliance.

    In addition to the appointment of Laurie Dotter, as indicated in item 5.02 below, the Company is working to identify and appoint new independent directors to the board and its committees. The Company also intends to submit the compliance plan within the timeframe requested by Nasdaq. Except as required by applicable law, the Company undertakes no obligation to provide updates regarding the Company’s efforts to appoint additional directors or the compliance plan to Nasdaq.

    Section 5.02 Departure of directors or certain managers; Election of directors; Appointment of certain leaders; Compensatory provisions of certain executives.

    On February 9, 2022, the board appointed Laurie Dotter, effective immediately, as a member of the board for a term expiring at the company’s 2022 annual meeting of shareholders. The Board has also appointed Ms. Dotter to serve on the Board’s Governance and Nominating Committee (the “Governance Committee”) and, given the current composition of the Board, has decided to amend the Charter of the Governance Committee to establish the minimum size of such a committee to one director. The Board also plans to appoint Ms. Dotter to serve on the Compensation Committee and the Audit Committee; however, no decision regarding these appointments has been finalized by the Board. The board has determined that Ms. Dotter is independent under applicable Nasdaq listing rules and otherwise meets all applicable requirements to serve on the governance committee, including applicable rules and regulations of the Securities and Exchange Commission (the ” SEC”). As an independent director and sole member of the Governance Committee, Ms. Dotter must approve director nominations for selection by the Board.

    Ms. Dotter, 61, has held senior positions in several investment companies which have generated attractive investment returns on commercial real estate operating companies, development and management companies and portfolios requiring a repositioning to increase value. Ms. Dotter has been a member of the investment advisory board of Employee Retirement System of Texas, since 2019, and of Texas Treasury Safekeeping Trust Company, since 2009. Ms. Dotter has also served as a member of the board of directors of Stratus Properties Inc., a company diversified real estate company engaged primarily in the acquisition, development and sale of real estate since 2021 and Lifespace Communities, Inc., a non-profit organization that owns and operates retirement homes, and its predecessor since 2018. From 2010 in 2016, she served as President of Transwestern Investment Group, then founding partner of Corporate Properties Trust I, II and III, large-scale commercial real estate investment vehicles with a combined capitalization exceeding $2 billion, from 2016 to 2017. Ms. Dotter also served as Executive Director of Investments at Hunt Realty Investments under the umbrella of Hunt Oil Company, a oil exploration and production company, from 199 8 until 2010. Ms. Dotter worked as director of real estate investments at the Teacher Retirement System of Texas, from 1993 to 1998; and as Director of Financial Advisory Services at PricewaterhouseCoopers, from 1989 to 1993. Ms. Dotter is currently an advisor at Dottid, a company focused on developing comprehensive workflow technology to maximize revenue generation for the commercial real estate. From 2020 to 2021, she served as an advisor to the Investment Committee of the Board of Children’s Health System of Texas, providing interim oversight of the investment portfolio and review of the system’s governance framework. Ms. Dotter was a member of the board of directors of Parkway Properties (“Parkway”), a national commercial real estate company, from 2010 to 2016, where she served as chair of Parkway’s audit committee and a member of its compensation committee. . She was elected by her peers to serve as Vice Chair of the Pension Real Estate Association’s PREA Plan Sponsor Council from 2008-2010. Ms. Dotter received her Bachelor of Business Administration from Texas A&M University and also holds a CPA license. in the state of Texas.

    In addition to being eligible to receive the standard directors’ compensation generally available to other non-employee directors and disclosed in the company’s 2020 proxy statement filed June 7, 2021, in the section titled “2020 Directors’ Compensation Ms. Dotter has not entered into any material plan, contract or arrangement in connection with her appointment as a director. Ms. Dotter is not a party to any transaction with the Company that would require disclosure under SEC SK Section 404(a).

    SSIGNATURE(S)

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Holder has duly caused this report to be signed on its behalf by the undersigned, duly authorized.

    SWK HOLDING COMPANY
    Dated: February 10, 2022 Through: /s/ Winston L. Black III
    Winston L. Black III
    Chief executive officer

    ChipMOS REPORTS RECORD REVENUE IN JANUARY 2022

    0

    HSINCHU, February 10, 2022 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), a leading provider of outsourced semiconductor assembly and test (“OSAT”) services, today reported its unaudited consolidated revenue for the month of January 2022. All US dollar figures quoted in this press release are based on the exchange rate of NT$27.82 at US$1.00 as of January 31, 2022.

    Revenue for the month of January 2022 was NT$2,2730.0 million or $81.7 millionan increase of 5.1% compared to January 2021 and an increase of 0.3% compared to December 2021. The record level of turnover in January reflects favorable supply and demand dynamics. The Company noted that strong demand more than offset the shorter number of working days in January compared to December.

    Consolidated monthly turnover (unaudited)


    January 2022

    December 2021

    January 2021

    MoM Change

    Annual change

    Revenue

    (millions of NT$)

    2,273.0

    2,265.5

    2,163.3

    0.3%

    5.1%

    Revenue

    (millions of dollars)

    81.7

    81.4

    77.8

    0.3%

    5.1%

    About ChipMOS TECHNOLOGIES INC. :

    ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (https://www.chipmos.com) is a leading provider of outsourced assembly and testing of semi -drivers. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in TaiwanChipMOS provides assembly and test services to a wide range of customers, including leading fabless semiconductor companies, integrated device manufacturers, and independent semiconductor foundries.

    Forward-looking statements

    This press release may contain certain forward-looking statements. These forward-looking statements can be identified by words such as “believes”, “expects”, “anticipates”, “projects”, “intends”, “should”, “seeks”, “estimates”, “future” or similar expressions or discussing, among other things, strategy, objectives, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations regarding future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in the forward-looking statements contained herein, due to a variety of factors, including the continued impact of COVID-19. Further information regarding these risks, uncertainties and other factors is included in the Company’s most recent annual report on Form 20-F filed with the United States Securities and Exchange Commission (the “SEC”) and other documents filed by the Company with the SEC.

    contacts:

    SOURCEChipMOS TECHNOLOGIES INC.

    Check out Wolfe Research’s list of quality stocks

    0

    With bond yields rising and the Federal Reserve poised to raise interest rates, which companies can weather the storm?

    Barron’s cites a list of “quality” stocks from Wolfe Research with high levels of profitability and valuations below the S&P 500 forward price-earnings ratio of around 20.

    “These stocks can easily service their debts and their valuations are unlikely to be hit as credit spreads widen,” Barron’s said. “Spread widening” refers to the fact that corporate bond yields are rising faster than treasury yields, which means corporate borrowing rates are rising rapidly.

    The Wolfe list includes semiconductor company Qualcomm (COMQ) – Get the Qualcomm Inc reportMcKesson medicine dispenser (MCK) – Get the McKesson Corporation report and home builder PulteGroup (MPS) – Get the report from PulteGroup, Inc..

    Qualcomm has a net debt to EBITDA (earnings before interest, tax, depreciation and amortization) ratio of 0.2. Most companies have net debt that exceeds EBITDA for a year, according to Barron’s.

    Qualcomm has a price-to-earnings ratio of 15.9 based on 2022 earnings and a sports free cash flow yield of 6%. The S&P 500’s overall free cash flow yield is 4.2%, according to Barron’s.

    McKesson has a net debt to EBITDA ratio of 1.2 and a PE ratio of 12. Its free cash flow yield is 8%.

    PulteGroup has a net debt to EBITDA ratio of 0.2, a PE ratio of 5.2 and a free cash flow yield of 11%.

    As for Qualcomm, the company’s fiscal first-quarter revenue, reported last week, was “at the top of management’s guidance, with the company benefiting from the continued ramp-up of 5G smartphones and widespread demand. chips,” wrote Morningstar analyst Abhinav Davuluri. in a comment.

    “Despite the continued shortage of chips, the company was able to secure sufficient supply to achieve significant growth through multi-sourcing initiatives.”

    But he said he considers Qualcomm shares to be overvalued, with a fair value of $163 and a recent listing of $182.66.

    UMH PROPERTIES, INC. ANNOUNCES DUAL LISTING OF COMMON SHARES

    0

    FREEHOLD, N.J., Feb. 08, 2022 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE: UMH), today announced that its common stock has been approved for listing on the Tel Aviv Stock Exchange (TASE). Trading on the TASE is expected to begin on or about Wednesday, February 9, 2022, under the symbol UMH.

    UMH’s common stock will continue to be listed on the New York Stock Exchange (NYSE) and the Company will remain subject to the rules and regulations applicable to NYSE-listed companies. Investors should note that trading on the TASE takes place Sunday through Thursday from 9:30 a.m. to 5:30 p.m. Israel time, excluding TASE holidays. The TASE clearinghouse is electronically linked to the Depository Trust Company, a subsidiary of the Depository Trust & Clearing Corporation, to automate cross-border settlement of stocks listed on both the TASE and the NYSE. No new ordinary shares of the Company are issued in connection with the TASE listing.

    Samuel A. Landy, President and CEO, said, “We are proud to be the first dual-listing NYSE listed REIT in Israel and the il.A+ rating we have received at the company of S&P Global Ratings Maalot Ltd. , an Israeli rating agency. We are excited to create an opportunity for the Israeli public to invest in our business and the prefab home industry. The additional liquidity of our common stock and the Company’s increased access to capital should benefit our shareholders.

    ABOUT UMH PROPERTIES, INC.

    UMH Properties, Inc., which was incorporated in 1968, is a public REIT that owns and operates 127 manufactured home communities with approximately 24,000 developed residential sites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, and South Carolina. UMH also owns and operates a community in Florida, containing 219 locations, through its joint venture with Nuveen Real Estate.

    FORWARD-LOOKING STATEMENTS

    This press release may contain statements that are not historical facts and may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and the Section 21E of the Securities Exchange Act. of 1934, as amended (the “Exchange Act”). Forward-looking statements provide our current expectations or predictions of future events. Forward-looking statements include statements about the Company’s expectations, beliefs, intentions, plans, objectives, goals, strategies, future events, performance and underlying assumptions and other statements that do not are not historical facts. Forward-looking statements can be identified by their use of forward-looking words, such as “may”, “will”, “anticipate”, “expect”, “believe”, “intend”, “plan”, “should”, “seek” or comparable terms, or the negative use of such words, but the absence of such words does not necessarily mean that a statement is not forward-looking.

    Forward-looking statements are based on our beliefs, assumptions and expectations about our future performance, taking into account all information currently available to us. Forward-looking statements are not predictions of future events. These beliefs, assumptions and expectations may change due to many possible events or factors, not all of which are known to us. Any forward-looking statement speaks only as of the date on which it is made. New risks and uncertainties arise over time, and it is not possible for us to predict these events or how they may affect us. Except as required by law, we are under no obligation and do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact: Nelli Madden
    732-577-4062

    # # # # #

    One-stop-shop solution enables crypto traders to optimize the use of their capital

    0

    The war between crypto exchanges is not only an altcoin listing war, it is also a technological innovation war.

    Better matching engine, lower latency, higher TPS, no more rate limit, smarter command types, no downtime, the list goes on. In particular, traders are insatiable about capital efficiency when trading crypto, be it spot trading or derivatives.

    Technological advancement is that once you have tried the new thing, there is no turning back. When your capital can be used at 200% all the time, 101% is not acceptable. As of 2021, major crypto exchanges are offering advanced collateral management products, which has significantly increased market turnover.

    One such product is Unified Margin (UM) from bit.com, which includes a comprehensive set of enhanced trading and risk management system that helps users manage the assets they have secured for trading.

    According to John Ge, CEO of bit.com, the platform will help users better manage their investments.

    “Given the volatility of the market, managing profit and loss positions with high efficiency is paramount. A unified margin account combined with our portfolio margin model allows our users to benefit from a cutting-edge risks with optimized use of capital,” he added.

    More information on Unified Margin here

    Unified Margin offers several advantages to its users compared to existing players in the market.

    First, it streamlines user accounts. It is a one-stop-shop where users can trade different investment products from a single account. These products include spot, options, futures, leveraged and perpetual trading. This means that there will be no further transfer of funds from the cash account to the derivatives account or vice versa.

    Second, users of the platform share the collateral currency in its unified account as margin, thereby improving their capital utilization. Users can also trade spots and derivatives in multiple currencies simultaneously without having to move funds across multiple accounts and exchanges. For example, users can buy Solana (SOL) with Dogecoin (DOGE) balance in the account, even if there is no such trading pair on the platform.

    Third, it optimizes the use of capital. The tool provides haircut ratios for all margins (because they are all based on USDT). It also ties the risk rating to the Tether (USDT) value of the margin. The platform also consolidates profit and loss positions and offsets them against each other. Thus, a loss in one position does not trigger a forced liquidation if there is another open position in a profit.

    Last but not least, Unified Margin improves borrowing. It uses one currency for margin trading while allowing spot and derivative trades to be settled in any currency. If the balance in USDT is sufficient, the platform will accept forex or derivatives trading even if the balance of the chosen currency is insufficient.

    Warning. Cointelegraph does not endorse any content or product on this page. Although we aim to provide you with all important information we may obtain, readers should do their own research before taking any action related to the company and take full responsibility for their decisions, and this article cannot no longer be considered as investment advice.

    sensex today: Live stock market updates: Sensex, Nifty extend losses; except FMCG, pharma, all indices in the red; Adani Wilmar bounces back from lukewarm announcement

    0

    !1 new updateClick here for the latest updates

    AMAZON-FUTURE SUITCASE

    > CJI opposes new bid solicitations in Amazon-Future Retail case
    > Observes new submissions to complicate, drag out disputes when orders are reserved

    Sensex Heater | Major gainers and losers as the index drops more than 500 points

    Nifty weakness must have extended to 17200 and beyond for a brief period before the sellers pulled back. While the 16800s seem fairly close today, we believe consolidation is now in order. If 17280-300 is not broken on the rebound, the bears will resume their dominance and Nifty will most likely look for support in 16900. A vertical recovery is not expected, if 17280-300 is broken, and bullish targets will be modest and limited to 17350-400-460.

    – Anand James – Chief Market Strategist at Geojit Financial Services

    Top 10 losers of the morning

    Price as of 08 Feb. 2022 10:53Click on company names for their live prices.

    Slump! Nifty slips below 17,150

    Slump!  Nifty slips below 17,150

    An interesting trend in the market is that selling is in large caps. High quality large cap stocks like the HDFC twins are being hammered by bears simply because FIIs hold a large amount of these stocks and bears expect FIIs to sell them more, regardless of their strong fundamentals and the visibility of their profits. Such market aberrations can provide buying opportunities for sophisticated long-term investors.

    – Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services

    Airtel Q3 Earnings Snapshot: Earnings May Fall 50% QoQ; Arpu seen to rise to Rs 162

    Bharti Airtel is expected to report a 53.5% sequential decline in its consolidated profit to Rs 928 crore for the December quarter, according to an ET NOW poll of analysts. Lower earnings would be seen as September quarter figures were helped by the spectrum asset sale proceeding to Reliance Jio. Consolidated revenue is expected to grow by 3.7% QoQ to Rs 29,367 crore.

    Sensex oscillates between gains and losses

    Sensex oscillates between gains and losses

    REGISTRATION DAY | Adani Wilmar bounces back strongly from lukewarm start

    REGISTRATION DAY |  Adani Wilmar bounces back strongly from lukewarm start

    Bitcoin near $44,000; XRP, Shiba Inu zoom up to 20%

    Except for the dollar-pegged USD coin, the other nine of the top 10 digital tokens were trading with decent gains on Tuesday. Bitcoin hit a four-week high, climbing for back-to-back sessions lately, in part due to the liquidation of some short positions that built up in the virtual currency’s recent three-month downtrend. XRP zoomed 20%, while Shiba Inu rebounded 15%.

    ALERT: Adani Wilmar pre-open indicative price at Rs 221 vs issue price of Rs 230

    ALERT: Adani Wilmar pre-open indicative price at Rs 221 vs issue price of Rs 230

    IMPACT ON PROFITS

    Price as of 08 Feb. 2022 09:46Click on company names for their live prices.

    JUST IN: Eclat Media Group selects Tata Communications to bring global sports to pan-Asian viewers; stock up to 1%

    Price as of 08 Feb. 2022 09:36Click on company names for their live prices.

    Most active stocks on NSE

    Price as of 08 Feb. 2022 09:25Click on company names for their live prices.

    Sector watch | All indices start on solid foundations

    Sector watch |  All indices start on solid foundations

    OPENING BELL: Sensex rises 150 points, Nifty50 above 17,250; Maruti and Tata Steel earn 2% each

    OPENING BELL: Sensex rises 150 points, Nifty50 above 17,250;  Maruti and Tata Steel gain 2% each

    SGX Nifty reports positive start

    Nifty futures on the Singapore Stock Exchange traded 18 points, or 0.10%, at 17,232, signaling Dalal Street was heading for a positive start on Tuesday.

    Asian stocks trade mixed

    Asian shares opened mostly higher on Tuesday despite falls on Wall Street on lingering uncertainties over the fast-spreading Omicron variant, inflation and worries in Ukraine, but investors focused on earnings from stocks. businesses. The MSCI Asia-Pacific ex-Japan equity index rose 0.06%.

    Technical view

    The Nifty50 fell for the third session in a row on Monday and also slipped below its 50-day moving average. The index formed a bearish candle on the daily scale and fell high-low for the third consecutive session, suggesting that the bears have an advantage over the bulls.

    India VIX

    The Fear Gauge climbed more than 8% to the 20.44 level on Monday from its close at 18.90 on Friday

    US stocks have stabilized

    Wall Street ended lower on Monday as investors digested recent quarterly results from Facebook owner Meta Platforms and other megacaps, while Peloton surged on reports of interest from potential buyers including Amazon. fell 0.58% to 14,015.67

    Euro rebound pauses ahead of US inflation

    A resurgent euro was pushed back just short of high resistance levels on Tuesday as traders awaited US inflation data due later in the week, fearing it could trigger gains on the dollar. The yen fell to 115.22 to the dollar The yuan traded at 6.3574 against the greenback

    FII sell shares worth Rs 1,157 cr

    Net-net, Foreign Portfolio Investors (REITs) became sellers of domestic equities to the tune of Rs 1157.23 crore, according to data available with NSE. DIIs became net sellers to the tune of Rs 1,376 crore, according to the data.

    Third quarter results today

    Bharti Airtel, Godrej Consumer Products, Gujarat Gas, IRCTC, Jindal Steel and Power, NMDC, Tata Teleservices (Maharashtra), Indraprastha Gas, Bata India, Escorts, Endurance Technologies, Suven Pharmaceuticals, BSE, Redigton (India) and EID Parry are among companies that will announce their results for the December quarter today.

    Adani Wilmar registration today

    Adani Group’s FMCG will go public on Tuesday, being the second player to debut on Dalal Street on the stock exchange. The company raised Rs 3,600 crore via its IPO between January 27-31 by selling its shares in a range of Rs 218-230 each.

    Emerald Resources NL – Recommended Unconditional Takeover Bid for Bullseye

    0

    Emerald Resources NL (ASX: EMR) (“Emerald”) refers to its previous announcements regarding its recommended unconditional tender offer for all issued shares of Bullseye Mining Limited (Bullseye) that he does not already have (Offer).

    Emerald can confirm that it has been advised by Bullseye’s board of directors that Bullseye has received a notice of intent to make an off-market takeover bid from At Xingao Investment Pty Ltd (Xingao). Bullseye indicated that Xingao’s proposal is highly conditional and does not constitute or give rise to an offer likely to be accepted by its shareholders. Thus, the unanimous recommendation of the Emerald Offer remains unchanged.

    As of the date of this announcement, Emerald confirms that it holds a relevant interest in 55.87% of the 445,599,851 Bullseye shares currently outstanding, comprising: 75,692,283 shares held directly by Emerald and 173,250,196 shares following the acceptance of the Offer by Bullseye shareholders

    CEO of Emeraude, Morgan Hartcommented: “The Emerald offer remains open for acceptance and we look forward to Bullseye shareholders joining us and participating in the growth of Bullseye’s highly prospective gold exploration properties alongside our own development opportunities. advanced exploration in Cambodia create more value for our shareholders.

    “We are very proud of our highly skilled gold project development team who have delivered an operating Okvau gold mine on time and on budget, generating substantial cash flow, creating a new industry for Cambodia and bring opportunities and benefits to the populations of Cambodia.

    “These highly skilled and motivated mine builders and operators, with many years of experience and a proven history of developing gold projects successfully, quickly and profitably, are eager to maximize the opportunities presented by the Goofy range greenstone belt.’

    This ASX release was licensed on behalf of the Emerald Board by: Morgan HartGeneral manager.

    Contact:

    Morgan Hart

    Tel: +61 8 9286 6300

    Fax: +61 8 6243 0032

    Web: www.emeraldresources.com.au

    On Emerald Resources NL

    Overview Emerald is a gold project developer and explorer. In particular, Emerald focused on the development and commissioning of its most advanced project, the Okvau gold mine in Cambodia which saw its first production in June 2021. Since the start of production in June 2021, Emerald has now poured over 1,000 kg of gold bullion from its operations. Emerald also owns a number of other projects in Cambodia which consist of a combination of granted mining licenses (100% owned by Emerald) and joint venture agreements. Together, Emerald’s interest in its Cambodian projects covers a combined area of ​​1,239 km2.

    Forward-looking statement

    This document contains certain forward-looking statements. These forward-looking statements are not historical facts but rather are based on the Company’s current expectations, estimates and projections regarding the industry in which Emerald Resources operates, as well as beliefs and assumptions regarding the Company’s future performance. Words such as “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “potential” and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors, some of which are beyond the Company’s control, are difficult to predict and could cause actual results differ materially from those expressed or anticipated. in forward-looking statements, which reflect the views of Emerald Resources only as of the date of this announcement. Forward-looking statements made in this release relate only to events as of the date the statements are made.

    Emerald Resources undertakes no obligation to publicly release revisions or updates to these forward-looking statements to reflect unforeseen events, circumstances or developments occurring after the date of this announcement, except as required by law or any applicable regulatory authority. ‘required. This document has been prepared in accordance with the current JORC Code 2012 Edition and ASX Listing Rules. The Company believes that it has a reasonable basis for making the forward-looking statements contained in this announcement, including with respect to production targets and financial estimates, based on the information contained in this announcement. Reference is made to the ASX announcements of the May 1, 2017 and November 26, 2019. All material assumptions underlying the production target or forecast financial information continue to apply and have not changed materially. 100% of the production target mentioned in this announcement is based on probable ore reserves. Emerald has a highly experienced management team, arguably one of the best accredited gold development teams in the Australia with a proven history of developing projects successfully, quickly and affordably. It is a team of highly skilled mining engineers and geologists who have overseen the successful development of gold projects in developing countries such as the Bonikro Gold Project in Ivory Coast for Equigold NL and more recently, Regis Resources Ltd.

    sensex today: Live Stock Market Updates: Sensex Accumulates 500 Points, Nifty Nears 17,300; SBI and Tata Steel up 3% each; IndiGo jumps 8% after Q3 show

    0

    !1 new updateClick here for the latest updates

    Passenger vehicle retail sales drop 10% in January as chip shortage continues: FADA

    • Retail sales of passenger vehicles fell 10% year-on-year in January 2022 as companies continued to suffer production losses due to shortages of semiconductors, the dealer body FADA said on Monday. automobiles.

    • Passenger vehicle (PV) sales fell to 2,58,329 units last month, down 10.12% from 2,87,424 units in January 2021.

    • Sales of two-wheelers last month fell 13.44% to 10,17,785 units, from 11,75,832 units in January 2021.

    • Tractor sales were 55,421 units last month, down 9.86% from 61,485 units in January 2021.

    Sensex extends its decline, down more than 350 points

    Top 10 winners on NSE in morning trading

    Price as of February 07, 2022 10:46Click on company names for their live prices.

    Ashok Leyland supplies 200 buses to Bangladeshi government

    Price as of February 07, 2022 10:28Click on company names for their live prices.

    DCGI grants approval to single-shot Sputnik Light Covid vaccine for emergency use: Dr Reddy’s; the action cancels its first gains

    DCGI grants approval to single-shot Sputnik Light Covid vaccine for emergency use: Dr Reddy's;  the action cancels its first gains

    IMPACT ON PROFITS

    Price as of February 07, 2022 09:48Click on company names for their live prices.

    The surge in the US 10-year bond yield to 1.91% reflects growing concerns about high inflation and the Fed’s lag on the curve. The January employment report in the US at 4.67 lakh new jobs was well ahead of market expectations. Now, there is no doubt that the Fed will have to act decisively on inflation. If the Fed becomes very hawkish and proposes a 50 basis point rate hike in March, it could cause the markets to correct sharply. Brent Crude above $93 appears as a major macro headwind for India. The sale of FII impacts the market in the short term, but not in the medium term. FIIs have sold shares worth Rs 114100 cr since October 2021. But the Nifty now remains where it was at the beginning of October 2021. The sale of FII causes short-term gyrations but no significant medium-term impact term. A significant trend in the market is the turnover of IT to banks. Banks are likely to remain resilient and in IT there will be buying on the downside as earnings visibility is high.

    – Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services

    BUZZING: Godrej Properties shares rebound strongly after DB Realty deal canceled

    BUZZING: Godrej Properties shares rebound strongly after DB Realty deal canceled

    Most active stocks on NSE at start of trade

    Price as of February 07, 2022 09:24Click on company names for their live prices.

    Sector watch: Metal, FMCG & IT only sectors in the green

    Sector watch: Metal, FMCG & IT only sectors in the green

    Heat map | Main Sensex winners and losers at the opening tick

    Heat map |  Main Sensex winners and losers at the opening tick

    OPENING BELL: Sensex drops 100 points, Nifty50 below 17,500; Affle India jumps 10%

    SGX Nifty reports a negative start

    Nifty futures on the Singapore Stock Exchange traded 29.5 points, or 0.17%, at 17,460.50, signaling that Dalal Street was heading for a negative start on Monday.

    Asian stocks generally trade lower

    Asian stock markets mostly eased on Monday after incredibly strong U.S. jobs data eased concerns about the global economy, but also added risk of aggressive tightening from the US. the Federal Reserve. The MSCI Asia-Pacific ex-Japan equity index fell 0.24%.

    US stocks sold mixed results

    Another bumpy ride ended on Friday, with the Nasdaq recouping much of the ground it lost in the previous session as positive earnings from Amazon capped a week of mixed big tech numbers. increased by 1.58% to 14,098.01

    Technical view

    On Friday, Nifty50 faced resistance at the 20-day exponential moving average, but settled above the 17,500 mark. The index respected its 50-day moving average at the close and formed a small bullish candle with an upper wick on the weekly scale, suggesting selling at highs.

    India VIX

    The Fear Gauge was down more than one percent to the 18.90 level on Friday from its close at 19.16 on Thursday.

    Fed tightening to support the dollar

    The euro was close to Friday’s three-week high on Monday morning after the European Central Bank’s hawkish turn last week, but analysts said further near-term gains looked less likely with the looming tightening. Fed supporting the dollar. stable at $1.1451 The pound rose to 1.35310 The yen fell to 115.16 per dollar The yuan traded at 6.3328 against the greenback

    Oil starts the week with a fall

    Oil prices fell on Monday on expectations that U.S.-Iranian talks could be close to concluding on reviving a deal restricting the OPEC country’s development of nuclear weapons, which would boost the crude supply, although global supply concerns limited losses. Brent crude was down 53 cents, or 0.6%, at $92.74 a barrel at 0055 GMT. U.S. West Texas Intermediate crude fell 74 cents, or 0.8%, to $91.57 a barrel.

    FII sell shares worth Rs 2,268 cr

    Net-net, Foreign Portfolio Investors (REITs) became sellers of domestic equities to the tune of Rs 2,267.86 crore, according to data available with NSE. DIIs became net sellers to the tune of Rs 621.98 crore, according to the data. REITs withdrew Rs 3,627 crore from shares during the period Feb 1-4. REITs are net sellers for the fourth consecutive month.

    Third quarter results today

    PB Fintech, Tube Investments of India, Union Bank of India, TVS Motor Company, Minda Industries, GSK Pharma, Sundaram Finance, Clean Science & Technologies, KPR Mills, National Aluminium, Indian Bank, Phoenix Mills and Castrol India are among the companies that will announce their results for the December quarter today.

    Rupee earned

    The rupiah ended its three-day losing streak as it recovered 19 paise to close at 74.69 against the US dollar on Friday, following a weaker greenback against its main overseas rivals.

    10-year bond yields eased

    India’s 10-year bond fell 0.15% to 6.87 after trading in the 6.86-6.95 range on Friday.

    Call rates

    The weighted average overnight money rate stood at 3.23% on Friday, according to RBI data. It evolved within a range of 2.20 to 3.50%.

    According to Verified Market Research, Global Pregnancy Products Market was valued at circa USD XX Billion in 2022 and is projected to reach circa USD XX Billion by 2028, at a CAGR of slightly above XX% between 2022-2028.

    0

    Esticast Research has published a new report titled “Pregnancy Products Market – By Product Type (Body Restructuring Gel, Toning/Firming Lotion, Nipple Protection Cream, Stretch Mark Minimizer, Itch Prevention Cream, Breast Cream, Product for Stressed Legs) and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast 2019-2026”. According to the report, according to the report, the global pregnancy products market was valued at approximately USD XX billion in 2022 and is expected to reach approximately USD XX Billion by 2028, at a CAGR of slightly above XX% between 2022 and 2028.

    Key market players covered in this report are: Nine Naturals, LLC., Expanscience Laboratories, Inc. (Mustela), Clarins Group, Noodle & Boo, Novena Maternity, and Mama Mio US Inc. (Mio), among others.

    Download Free PDF Sample Report with Full TOC, Figures and Charts (with covid 19 impact analysis): https://www.esticastresearch.com/request-for-sample/?utm_source=According to report, the pregnancy products market

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    Esticast Research latest market report is split into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. The report includes detailed financial data for each region based on its segments. In addition, detailed revenue and market share analysis is provided for major countries in each region.

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    Alphabet, Payal and other growth stocks that can thrive in labor shortages

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    Text size

    PayPal is one of the companies that make their employees happy, according to Just Capital.

    Justin Sullivan/Getty Images

    The inability to hire workers and a labor shortage is an oft-repeated concern of corporate CEOs struggling with the great resignation. includes wages, benefits, and flexibility, as well as how they promote and train their workforce. “Companies that perform better for workers outperform the market,” says Alison Omens, chief strategy officer at Just Capital, a nonprofit that tracks how America’s largest public listed companies stock exchanges are doing on a variety of measures, including how they treat their workers. A basket of 100 equally weighted companies that topped Just Capital’s rankings on labor issues outperformed the


    Russell 1000
    2.68% last year. Just Capital ranks companies based on factors such as paying a living wage, offering paid family and sick leave, meeting safety and health standards, and workforce diversity employment, training and advancement opportunities for different types of workers and the ability to retain them.

    Company / Symbol PER before EPS Growth 2022E DEER
    Merck / MRK 14.1 25.6% 22.2
    Alphabet/GOOG 23.7 17.8 32.1
    Meta platforms / FB 21.0 14.3 31.1
    BlackRock / BLK 19.4 11.7 16.4
    PayPal / PYPL funds 27.2 23.6 20.0
    Conoco Phillips / COP 15.3 37.0 12.5
    Bank of America / BAC 14.4 16.3 12.4
    SVB Financial / SIVB 19.5 30.2 17.3
    Wells Fargo/WFC 14.4 24.0 12.3

    Source: Bloomberg

    Poor work practices hurt productivity, adds Omens. Overreliance on part-time or contract labor also gets lower marks, in part because it can lead to lower loyalty levels and higher turnover. Earnings reports from the past year illustrated some of the labor challenges. . Just last year,


    fedex

    (ticker: FDX), which relies on a freelance workforce, cited labor shortages as it reported weaker-than-expected first-quarter revenue last fall. Corn


    United Parcel Service

    (UPS), which has a unionized workforce and pays a higher wage, fared better than its rivals. Its stock has also outperformed, up 41% over the past 12 months, outpacing the


    S&P500
    rose 17%, while FedEx shares slid 0.9%. The problem is likely to persist. One in 10 people surveyed this month by The Conference Board said they plan to leave their organization in the next six months, with 45% citing better pay and 28% citing the ability to work from anywhere as reasons. Attention to labour-focused metrics among investors is growing and could gain momentum as the Securities and Exchange Commission considers requiring companies to provide “human capital” disclosures. These could include metrics around labor turnover, compensation, benefits, skills development and training, and demographics.Barrons took Just Capital’s list of companies that rank well on a range of these employment-focused metrics, and selected those with earnings growth at or above the average S&P 500 stock at 10%, and cheaper than the market, or less than 20 times in advance earnings. We took a closer look at companies with double-digit return on equity as a quality indicator to surface nine stocks for closer examination. The list includes tech stalwarts such as


    Alphabet

    (


    GOOGL

    ), which is among 11% of Russell 1000 companies that disclose intersectional demographics about their workforce by gender, race, ethnicity and job category, according to Just Capital. In the spirit of you can’t fix what you can’t see, this type of disclosure sets the company apart, especially with its commitment to increasing the share of underrepresented groups in senior ranks by 2025.


    PayPal Credits

    (PYPL), which posted disappointing earnings that led to weaker growth expectations, tops Just Capital’s list in terms of workers. One reason: The company analyzes the financial health of its workforce using metrics such as employees’ net disposable income and adjusts compensation to ensure they are paid enough to meet needs. basic. PayPal is also focused on financial wellness, providing financial coaching and stipends for remote work and has closed its global gender pay gap and its ethnic pay gap in the US as of 2020. according to analysts at Just. The company might struggle in the meantime, however, as it focuses on fewer users bringing in more money.


    Bank of America

    (BAC) is also providing more information about its workforce and implementing pay equity initiatives, according to Just Capital. The bank also raised its minimum hourly wage to $21, with plans to raise it to $25 by 2025, and required all of its suppliers to pay a minimum hourly wage of at least $15.


    black rock

    (


    NOIR

    ) ranks among the best financial services companies in terms of compensation for its employees and offers quality benefits and initiatives to help with work-life balance, according to Just Capital. In a letter to CEOs this year, Larry Fink, the head of the investment firm whose assets recently topped $10 trillion, highlighted the shift in the relationship between employees and employers during the pandemic, telling chiefs corporate than workers expecting to come into the office five days a week, never talking about sanity, and static low- and middle-income wages are relics of the past.

    Write to Reshma Kapadia at [email protected]

    SHIKIGaku Co., Ltd. (7049, TSE Mothers) Performance for the nine months ending November 30, 2021

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    TOKYO, February 4, 2022 /PRNewswire/ — Supported by substantial growth in SHIKIGAKU’s core services, the company maintained significant increases in sales and profits in the nine months ended November 30, 2021.

    Summary of results

    In the nine months ended November 30, 2021, Japan’s economic outlook remained opaque due to the continued impact of the COVID-19 pandemic. However, the market demonstrates a strong need for improved organizational productivity achieved through means such as results-based employee management and rule-based organizational management that generates results regardless of the workplace used. As a result, demand for the Company’s services remains robust.

    As part of its corporate philosophy “Disseminate Shikigaku and Maximize People’s Potential”, in its organization consulting business, the Shikigaku Group provides services that facilitate the dissemination of its organizational management theory “Shikigaku” to the within client organizations. To do this, the Group actively recruits and trains instructors in order to manage the quality of its instructors as closely as possible. In the sports entertainment industry, the B.LEAGUE professional basketball season has started, and the company has been engaged in marketing and actively carried out sales activities.

    In the venture capital fund sector, Aidma Holdings, Inc., the first company in which SHIKIGAKU No. 1 Investment Limited Partnership invested, successfully listed shares on the TSE Mothers Index. With this listing, two beneficiary companies of SHIKIGAKU No. 1 Investment Limited Partnership proceeded to IPOs within a year and a half of its establishment. The Company considers these results as evidence that the Shikigaku method supports organizational management aimed at obtaining public listings.

    For the nine months ended November 30, 2021the Company reported net sales of ¥2,808,198,000 (+65.6% over one year), EBITDA (operating income + depreciation + amortization of goodwill + amortization of rental deposits) of ¥330,080,000 (+305.4% over one year), operating profit of ¥277,565,000 (+657.7% YoY), current result of ¥263,158,000 (+134.1% over one year), and ¥141,569,000 net income attributable to owners of the parent company (versus ¥79,240,000 in net loss for the nine months ended November 30, 2020).

    Through its organization consulting business, the Company provides management consulting services and platform services.

    DIn the nine months ended November 30, 2021, the Company continued its investments supported by vigorous marketing activities to facilitate the active recruitment of consultants and the expansion of its client base. As a result, its number of consultants increased to 69, up 15 from February 28, 2021. From November 30, 2021the company reported that it had entered into management consulting services contracts with a cumulative total of 2,735 companies, compared to 2,187 companies at February 28, 2021. Its management consulting services have generated ¥1,645,370,000 in revenue over the nine months ended November 30, 2021 (+27.0% over one year).

    DDuring the period under review, in the platform services category, the Company focused on expanding sales of its core SHIKIGAKU services, which provide ongoing operational support through to organizational management based on his Shikigaku theory (corresponding service launched in September 2020) seize. The diagnoses that accompany these services clarify the organizational problems and make it possible to accompany their possible resolution. As a result, the Company has made efforts to improve customer satisfaction. From November 30, 2021the company had entered into SHIKIGAKU Basic Service Agreements with 468 companies (compared to 167 as of February 28, 2021) while reporting 134 SHIKIGAKU Cloud agreements (compared to 229 as of February 28, 2021) and 289 Shikigaku member customers (compared to 479 as of February 28, 2021). Generated platform services ¥803,216,000 in revenue over the nine months ended November 30, 2021 (+181.9% over one year). As a result of these elements, the revenue from the Organization Consulting activity amounts to ¥2,448,586,000 (+54.9% over one year) while operating profit was ¥456,308,000 (+312.8% over one year).

    In the sports entertainment sector, the Company fulfilled its function as a community club by leading initiatives aimed at stimulating and developing interest in local sports while working to facilitate team building in the pursuit of promotion at League B1 level. In the nine months ended November 30, 2021the Company expanded its business activities aimed at acquiring sponsors, broadened its scope of recruiting vendors, and strengthened its collaboration with local governments to increase tax payments made under the corporate version of from Japan hometown tax system, which became a new revenue base. Thanks in part to these efforts, sponsorship orders have been strong, growing to ¥137,395,000 (+66.7% over one year). However, costs outweighed benefits during the reporting period as the Company continued to invest in operations to strengthen the team. As a result, sales generated by the Sports Entertainment business amounted to ¥164,066,000 while the company’s operating loss amounted to ¥135,744,000.

    In the area of ​​contract development, the Company leveraged its expertise and cultivated engineering sources while developing its own business group’s platform services and contracted development related to learning systems online related to certification courses. In March 2021, the company launched Work Experience DX, a recruitment matching service that allows users to simulate the experience of joining participating companies, gaining knowledge of the work they do and an understanding of their fit with those companies. In October 2021, the Company launched “Digital Interview”, a service that digitizes corporate presentations. As a result of these factors, the revenue generated by the contract development activity amounted to ¥195,545,000while the corresponding operating loss amounts to ¥3,246,000.

    In the venture capital fund sector, the company has made investments focused on building and expanding organizational power and becoming a growth-generating organization. In the meantime, she has also operated venture capital funds that support growth by facilitating organizational improvements in the companies they invest in by implementing the Shikigaku Theory of Society. In June 2021, the company established SHIKIGAKU No. 2 Investment Limited Partnership, converted it into a subsidiary, and began including its performance in consolidated financial results. In October 2021the Company sold part of the shares held by SHIKIGAKU No. 1 Investment Limited Partnership and registered a 49 million yen gain on sales of marketable securities, qualifying this gain as exceptional income because it was generated by an investment made on or before June 29, 2021. Consequently, the operating loss of the Venture Capital Funds activity amounted to ¥28,928,000.

    In the Hands-On Support Fund business, the Company has managed hands-on support funds which provide organizational improvement and financial support and derive income from capital gains generated by investment exits (IPO, M&A, etc). In June 2021, the Company established Shinsei Shikigaku Growth Support I Investment Limited Partnership and converted it into an equity accounted affiliate. The objective of this fund is to invest in companies destined to develop, to provide concrete support aimed at improving their financial performance and to facilitate this growth, and to raise investment capital through their sale. later. Due to the expenses associated with these efforts, the Practical Support Fund activity generated an operating loss of ¥2,716,000.

    Shikigaku Co., Ltd. (7049, TSE mothers) https://ir.shikigaku.jp/en/

    Please visit the following URL for a summary of consolidated financial results for the nine months ended November 30, 2021.
    https://global-assets.irdirect.jp/pdf/tdnet/batch/140120211227562063.pdf

    Disclaimer
    This press release is intended to provide information as a reference for investment decisions and not for the purpose of soliciting investment. Please exercise your own judgment on final decisions such as investment policy, timing and selection. Please note that we take no responsibility for damages caused by this service.

    Borderless IR specializes in the global distribution of IR content, including the distribution of newsletters and annual reports providing the latest information and key highlights of Japanese companies directly to foreign investors via major global media, database services and databases. company information and mailing lists. Borderless is also committed to supporting other global IR efforts.

    ©Borderless IR Co., Ltd. All rights reserved
    The contents of this release may not be duplicated or reproduced.

    Quote

    Show original content:https://www.prnewswire.com/news-releases/shikigaku-co-ltd-7049-tse-mothers-performance-for-the-nine-months-ended-november-30-2021-301476148.html

    SOURCESHIKIGAKU Co., LTD.

    Similar gains for BOV, HSBC on Malta Stock Exchange

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    The MSE Equity Total Return Index (MSE) turned negative despite gains in the stock prices of the two major banks.

    The MSE recorded a weekly decline of 0.4%, to close at 7,851.062 points.

    In the equity market, there were 17 active stocks, with the positive performance of six stocks offset by eight negative moves.

    A total of €1m was traded, with almost half of that turnover taking place in Bank of Valletta plc (BOV) and Trident Estates plc.

    In fact, €0.25m was traded in BOV shares, with the bank’s share price swinging between a weekly low of €0.805 and a high of €0.86.

    Yesterday, BOV shares closed a volatile week at €0.845 and thus up 1.8% on the week.

    HSBC Bank Malta plc (HSBC) maintained its 2.2% gain from Tuesday to end the week at €0.92.

    Revenue of €29,321 was recorded, with 31,873 shares traded in six transactions. Bank stocks were only active on Tuesday and Wednesday.

    Meanwhile, FIMBank plc ended the week unchanged at the $0.27 level, albeit on insignificant volumes, while MAPFRE Middlesea plc traded down 5.2% to €2.18, after closing at €2.30 for four consecutive weeks.

    Two trades involving 6,211 shares were executed.

    The company announced that the annual general meeting will be held remotely on April 29.

    Malta International Airport plc’s loss in the previous week proved unsustainable as equity rose 0.9% to €5.85.

    Trading volume was 16,990 shares across 19 trades.

    GO plc’s share price fell on Tuesday and rallied on Thursday to end the week unchanged at the €3.22 level. It was the result of 13 trades involving 25,660 shares.

    In the IT sector, RS2 Software plc Ordinary’s share price fell to €1.65 on Wednesday.

    Shares recovered some of the lost ground yesterday, to end the week down 0.6% at €1.70. A total of 43,830 shares were traded over 10 trades. The company’s preferred shares were not active during the week.

    Similarly, shares of BMIT Technologies plc fell 1.2% to end the week at €0.49. Four trades worth €124,000 were executed.

    In the real estate sector, VBL plc rose 0.7% to €0.288 following two low volume trades, while Malta Properties Company plc traded at €0.50.

    Trident Estates plc was the worst performer this week.

    A total of 162,349 shares that traded their properties in 10 trades, dragged the stock price down to €1.37, down 7.4% on the week.

    The capital recorded a turnover of €223,313.

    Malita Investments plc traded twice during the week, generating turnover of just €9,480.

    The result was a depreciation of 1.3%, to close at €0.79.

    Similarly, International Hotel Investments plc erased the gain recorded over the previous two weeks, as it closed down 2.4% at €0.605. This is the result of 15 transactions involving 60,979 shares.

    A single trade for 15,000 shares of MedservRegis plc sent the share price up 1.4% to the €0.75 level. Conversely, Grand Harbor Marina plc ended down 6.7% as a trade of just 300 shares took the share price to the €0.625 level.

    Retail conglomerate PG plc followed suit with a price drop of 4.4%, to close at €2.20. Four transactions involving 18,850 shares were executed.

    At the same time, Santumas Shareholdings plc shares jumped 10% to €1.10. Three operations relating to 16,640 shares were carried out with turnover of €17,867.

    The MSE MGS Total Return Index fell 1.4% to 1,070.604 points. Out of 17 active issues, the 2.3% MGS 2029 (II) issue was the most liquid, with revenue of €0.5 million. The bond closed the week at €111.74 following three trades.

    The MSE Corporate Bonds Total Return Index fell 0.4% to close at 1,139.731 points. Of the 49 active bonds, the 4.55% St. Anthony Co plc Secured €2032 bond had the highest turnover of €214,173, with 23 trades executed.

    On the Prospects MTF market, a total of five stocks were active with a total of eight trades. The most liquid bond was the 4.875% AgriHoldings Plc Senior Secured €2024 bond after three trades which generated turnover of €23,760.

    In terms of IPO activity, Hili Finance Company plc announced that it had obtained regulatory approval from the MFSA for the issuance and eligibility for listing on the MSE of a 50 millions of euros. The bond, which is unsecured, will bear a coupon of 4% and will mature in 2027. The issuer will give preference to the bondholder of Hili Ventures and the shareholders of Hili Properties plc and Harvest Technology plc. Applications will open on February 14, 2022.

    In addition, M&Z plc, a local company in the growing consumer goods market, plans to issue 26.25% of the company’s ordinary shares. Last week, M&Z plc published a prospectus relating to this share offering of nearly 11.6 million ordinary shares at €0.72. Applications for this new IPO opened last Thursday.

    This article, compiled by Jesmond Mizzi Financial Advisors Limited, does not intend to provide investment advice and its contents should not be construed as such. The company is authorized to provide investment services by the MFSA and is a member of the Malta Stock Exchange and the Atlas Group. The directors or related persons, including the company, and their customers are likely to have an interest in the securities referred to in this article. For more information, contact Jesmond Mizzi Financial Advisors Limited at 67, Level 3, South Street, Valletta, tel. : 2122 4410, or send an e-mail to [email protected]

    Independent journalism costs money. Support Times of Malta for the price of a coffee.

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    Verte brings new life to the old Snapper building in McDonough

    0
    Aerial photo of the former Snapper building in McDonough (photo King Industrial Realty, Inc.).

    The Atlanta-based Green Company has rented space in the old Snapper Building from McDonough. The supply chain business will bring new life to what was once Henry County’s largest private employer.

    Verte will be the first long-term tenant since Briggs & Stratton closed the Snapper factory in early 2015. The oldest part of the building was built in 1947.

    Green

    Verte is a cloud-based, AI-powered supply chain platform. The company enables brands and retailers – from small and medium to large enterprises – to expand and connect their online sales channels, automate product listing, inventory management and establish comprehensive business visibility. In addition, Verte offers a growing distribution network of partner warehouses. They offer two-day shipping to 95% of the United States.

    The Snapper building will be Verte’s second location in McDonough. They also operate a facility in the Liberty Industrial Park. This location opened in 2019. It employs over 200 people.

    Now Verte will revitalize the former Snapper factory located on Georgia 42. The move also creates 100 new jobs. Verte will begin operations at the new center in the second quarter of 2022. Those interested in employment opportunities can visit Verte’s website to learn more: https://projectverte.com/careers/

    snapper

    Snapper developed its “Snappin’ Turtle” lawn mower in 1951. Articles online suggest the factory employed up to 1,300 people at a time. Briggs & Stratton acquired the company in 2004. The Snapper brand remains available today, although it is no longer manufactured in Henry County.

    Parts of this article are copied from the Development Authority press release. Featured image shows an aerial photo of the old Snapper Building. image copyrightKing Industrial Realty Co.

    Support Henry’s Advancement

    If you appreciate my work on this article, consider supporting the site. For as little as $3 a month, you can help me keep you up to date with our community. To become a supporter, click here.

    Sign up for my email newsletter. The newsletter is a great way to stay connected with Advance Henry.

    Clayton Carte is the founder and owner of Moving Henry Forward Community News. Since 2017 he has written over 850 articles sharing local updates with the community. Now, in 2022, he is running for Georgia State House District 117 to defend Henry County at the State Capitol.

    Airbnb removes over 1,000 listings and starts cracking down on Maui hosts who don’t do these 2 things

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    HONOLULU (KHON2) — As part of a new agreement with Maui County to promote responsible lodging, Airbnb recently removed more than 1,300 listings in accordance with local laws.

    This is the first enforcement action taken by the company after signing a Memorandum of Understanding (MOU) in July which allows the county to better enforce its rules in the short term. The agreement is similar to those signed with Kauai and Honolulu in 2020.

    Download the KHON2 app to iOS Where android to stay informed of the latest Hawaii news

    Under the new agreement, Airbnb hosts must enter two items on their listing: their county-issued Tax Card Key (TMK) number and the state-issued Transitional Lodging Tax License (TAT) number.

    This applies to hosts offering a bed and breakfast (B&B), short-term rental home, or other temporary vacation rental for stays of less than 180 days on Airbnb. They are required to provide TMK and TAT numbers to continue hosting on the platform.

    According to Airbnb, it shares a monthly report with the county that includes each ad’s URL and corresponding TMK numbers. Hosts who do not provide their numbers or enter invalid numbers are subject to removal. They are only allowed to relist once they have provided the information.

    “The actions we have taken demonstrate our commitment to working hand-in-hand with government for clear and fair regulation. We look forward to continuing to partner with Maui County to promote the return of responsible and sustainable travel and to preserve lodging as an important source of income for local residents.

    Toral Patel, Head of Public Policy at Airbnb

    A recent report from Airbnb said the typical American host earned more than $8,000 from January to September 2021. Since 2010, hosts in Hawaii have earned approximately $2 billion in total.

    Get more coronavirus info: COVID vaccines, reminders and safe travel info

    Airbnb says it continues to play a role in Hawaii’s post-pandemic recovery by elevating local hosts.

    Delta CEO wants US to place convicted unruly passengers on no-fly list By Reuters

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    © Reuters. FILE PHOTO: A Delta Air Lines commercial jet approaches for landing at John Wayne Airport in Santa Ana, California, U.S., January 18, 2022. REUTERS/Mike Blake

    2/2

    By David Shepardson

    (Reuters) – Delta Air Lines wants the U.S. government to place passengers convicted of onboard disruptions on a nationwide ‘no-fly’ list that would bar them from future travel on any commercial airline, according to a letter seen by Reuters.

    Delta Chief Executive Ed Bastian, in an unpublished letter to U.S. Attorney General Merrick Garland, said the action “will help prevent future incidents and serve as a strong symbol of the consequences of not following instructions.” crew members on commercial aircraft”.

    The request comes amid a record spike in disruptive passengers reported over the past 13 months. The Justice Department did not immediately comment.

    In November, Garland ordered federal prosecutors to prioritize prosecutions against airline passengers who commit assaults and other crimes on board aircraft.

    Delta noted that there is currently a no-fly list which is a subset of the Terrorism Watch List which allows the US government to prohibit individuals deemed a threat to civil aviation from traveling to airline board.

    The Federal Aviation Administration said last year it had taken a “zero tolerance” approach and referred more than three dozen unruly passengers to the FBI for possible criminal prosecution.

    Bastian said Delta placed nearly 1,900 people on Delta’s no-fly list for refusing to comply with masking requirements and submitted more than 900 banned names to the Transportation Security Administration to pursue civil penalties. .

    Delta has previously called on other airlines to share their unruly passenger no-fly list to ensure people “who have endangered the safety and security of our people do not continue to do so on a another carrier,” Bastian wrote.

    Last month, three New York residents were charged with assaulting a Delta security guard at JFK airport in September. The three men were charged with “violently assaulting an airline security officer by knocking him to the ground with his radio and then kicking and punching him in the face and body while he was down “U.S. Attorney Breon Peace said last month.

    On October 8, President Joe Biden said he had instructed the Justice Department to “address” the growing number of violent incidents on planes.

    Warning: Merged media would like to remind you that the data contained in this site is not necessarily in real time or exact. All prices for CFDs (stocks, indices, futures) and Forex are not provided by exchanges but rather by market makers, and therefore prices may not be accurate and may differ from the actual market price, which which means that the prices are indicative and not suitable for commercial purposes. Therefore, Fusion Media assumes no responsibility for any business losses you may incur due to the use of this data.

    Merged media or anyone involved with Fusion Media will accept no liability for any loss or damage resulting from reliance on the information, including data, quotes, charts and buy/sell signals contained in this website . Please be fully informed of the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investment possible.

    LSE reforms could successfully build on Bumper 2021

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    By Marcus Young and William Morris (February 3, 2022, 6:37 PM EST) — If 2021 is anything to go by, the regime governing the London Stock Exchange is a resounding success. Last year was a bumper year for initial public offerings on the LSE as companies and market participants rebounded from the initial shock caused by the onset of the COVID-19 pandemic in 2020.

    The LSE has sought to capitalize on this increase in market activity with an overhaul of UK listing rules, primarily the listing rules introduced by the Financial Conduct Authority in July, which were also aimed at attracting companies from acquisition with a specific vocation to the LSE.

    In November, Hambro Perks Acquisition Company…

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    Bulls regain momentum as market gains over N200 billion in single day

    0

    NGX closed on a positive note amid interest selling and buying as the benchmark All-Share Index (ASI) rose 85 basis points.

    ASI NGX closed at 47,329.80 points, reflecting growth of 0.85% from the previous trading day and a year-to-date (YTD) return of 10.80%. Meanwhile, the market capitalization increased by N215.08 billion.

    As of market close on Thursday, February 3, 2022, the market value currently stands at N25.50 trillion, down from N25.29 trillion on the previous trading day.

    The breadth of the market closed positive with OANDO leading 23 winners and 19 losers, dominated by PHARMDEKO at the end of today’s session.

    The stock market has advanced by 4,613.36 basis points since the beginning of the year.

    NGX ASI Top Winners

    • OANDO up +10.00% to close at N5.17
    • ACADEMY up +9.73% to close at N1.24
    • SCOA up +9.62% to close at N1.14
    • LASACO up +8.00% to close at N1.08
    • RTBRISCOE up +7.69% to close at N0.28

    NGX ASI Top Losers

    • PHARMDEKO down -10.00% to close at N1.98
    • CHAMPION down – 8.70% to close at N2.10
    • IKEJAHOTEL down – 6.99% to close at N1.33
    • UNITY down – 3.77% to close at N0.51
    • MBENEFIT down – 3.70% to close at N0.26

    NGX ASI Top Traded by Volume

    • LOYALTY – 55,939,527 units
    • FBNH – 27,952,312 units
    • GTCO – 21,295,261 units
    • TRANSCORP – 20,440,099 units
    • OANDO – 18,361,598 units

    NGX ASI Top Traded by Value

    • GTCO-N584 955 705.50
    • NGX GROUP – N397,732,790.30
    • ZENITHBANK – N337 102,809.95
    • NB – N320 257,687.40
    • FBNH – N318 015 746.50

    Market sentiment is trending towards the bulls, with the market differential in favor of the advanced, with 23 winners outpacing 19 losers.

    Democrats break with leaders over congressional stock negotiation

    0

    The bills have broad support – the 42 co-sponsors of Ms. Spanberger’s TRUST in Congress Act include Representatives Matt Gaetz of Florida, Scott Perry of Pennsylvania and Andy Harris of Maryland, all firmly on the Trump wing of their party – and if anything, they put Ms Pelosi in the spotlight.

    “You have the Speaker of the House doing business and her husband making millions and millions of dollars a year,” Mr. Hawley said.

    Democrats are equally eager to compare their position to that of Ms. Pelosi. They said her refusal in December to consider a ban on stock trading – “We are a free market economy,” she said when asked about the push – made the issue a cause celebre.

    “Speaker, I don’t want to call him outright, but a handful of members have put decades and decades here. They’re approaching this from a different time and from a different perspective,” Ms. Stevens, who almost certainly faced another Democrat, Andy Levin, in the upcoming House primaries in redistricted Michigan.Both signed last week’s letter demanding action on a trade ban.

    Democratic leaders remain wary. They argue that once Congress starts trying to regulate its own members outside of investments, it’s hard to draw the line between what’s allowed and what’s not. If stock ownership is prohibited because it could conflict with the law, would having student loan debt make it inappropriate for a member to lobby for loan relief? Would owning real estate confer an undue personal interest in environmental or land-use policy?

    Mr. Roy admitted that there were complexities, but, he said, a line had to be drawn.

    “If you’re talking dirt, well, are you talking about your family farm or engaging in thousands of real estate transactions?” He asked. “Are you buying and selling and engaging in developing commercial real estate transactions while you’re in Congress?” There are limits to what we are supposed to do.

    Drew Hammill, Ms Pelosi’s deputy chief of staff, said the speaker had asked Rep. Zoe Lofgren, a California Democrat and chair of the House Administration Committee, to consider a series of proposals to lawmakers regulate trade, including a ban on owning shares. Ms Lofgren is also considering increasing penalties for “unacceptable non-compliance” with the Stop Trading on Congressional Knowledge (STOCK) Act, a 2012 law that requires lawmakers to disclose their stock transactions, a step he said supported. by Ms. Pelosi.

    A new method can significantly improve the conversion of CO2 into concrete

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    Carbon Cure Technologies, a Canadian carbon technology company, makes a cement-like material from CO2 that reduces the carbon footprint of concrete. The material has attracted a lot of attention since it acquired a major investment from Amazon’s $2 billion Climate Pledge Fund in 2020, and the company is also backed by Bill Gates.

    The company had set a goal of achieving net zero carbon emissions by 2040, a decade ahead of global commitments for carbon. Paris Climate Agreement.

    CarbonCure is among 86 companies large and small pledging to reduce their carbon footprint in the latest round of Climate Pledge, an effort led by Amazon and a climate action advocacy group Global optimism.

    Additionally, more than 200 companies representing $1.8 trillion in revenue have agreed to pursue a tougher carbon reduction target, reducing their total emissions by 1.98 billion metric tons per year through 2040.

    The resulting cement, however, is stronger than conventionally made concrete, so builders can use smaller amounts in their mixes. The company claims that CarbonCure concrete has a 5% smaller footprint than regular concrete.

    Approximately 400 concrete plants worldwide use CarbonCure’s concrete technology; the company introduces recycled carbon dioxide into its recipe, even though the recipe still includes cement.

    CarbonCure has developed technology to make an additive from carbon dioxide extracted from the stacks of emitters such as fertilizer plants and industrial gas manufacturers, the company explains. It provides a dual environmental benefit, by diverting greenhouse gas from the atmosphere and converting it into a mineral, then encasing the resulting product in concrete for use as a replacement for Portland cement.

    CarbonCure permanently locks in carbon dioxide captured in concrete for up to millennia, according to the company. Upon injection, the CO2 immediately turns into rock. Even if this concrete is broken, the mineralized CO2 does not leak out and return to the atmosphere.

    The process adds enough strength to reduce the concrete needed for a project by about 5%, according to the company.

    The cement industry has historically been one of the largest sources of CO2 release with 1984 lbs (900 kg) of CO2 released with each production per metric ton of cement. CarbonCure is one solution among others to reduce cement emissions, which represent up to 8% of the global total.

    Although there are no current plans, CarbonCure may seek public listing as the company expands, according to CarbonCure CEO Rob Niven.
    “We are definitely thinking about it. I think you have to keep all your options open, but that would definitely be a likely outcome for CarbonCure,” he said.

    A company that might be able to cut emissions from a huge industry like cement manufacturing is great news, because some companies might be. make things worse than they already are by releasing more carbon than they capture.

    Motorola MA1 Android Auto dongle will be restocked soon

    0

    The first dongle certified by Google to bring wireless Android Auto to cars is launching today, but launch inventory sold out instantly. Thankfully, a restock of the Motorola MA1 is on the way.

    If you head to the Motorola MA1’s Amazon listing today, you’ll see the product is listed as “currently out of stock” with no pre-order option. This has been the case, intermittently, for most of the past month. The listing was accepting pre-orders yesterday when we posted our hands-on impressions of the product, but they have since been closed.

    Speaking to SGW Global, the company behind this Motorola-branded product, we are told that the Motorola MA1 will be back in stock soon. SGW tells us that Amazon restocking is the main bottleneck at the moment, but the listing should be restocked in the “next few days” with the next batch of inventory after that already on the way.

    Beyond that, interested buyers will have another choice this weekend, as the Motorola MA1 launches on Target.com starting January 30.


    Update 2/1: The Motorola MA1 listing has finally surfaced on Target.com, but predictably, it’s also sold out.


    It’s not hard to see the appeal of this product. Android Auto is a wonderful tool in the car, but its wired form can be a bit awkward for short trips, and it limits charging speeds considerably. Using Android Auto in its wireless form is more convenient and opens up the USB port to a faster charger. Additionally, other options such as crowdfunding-launched AAWireless are also seeing lagged inventory.

    Learn more about Android Auto:

    FTC: We use revenue-generating automatic affiliate links. Following.


    Check out 9to5Google on YouTube for more info:

    Centurion International AG’s successful listing on the Düsseldorf Stock Exchange marks the only listing of an Africa-focused service company in Germany

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    DGAP-News: Centurion International AG / Keyword(s): IPO

    Centurion International AG: Successful listing of Centurion International AG on the Düsseldorf Stock Exchange, marks the only listing of an Africa-focused service company in Germany

    01.02.2022 / 10:00
    The issuer is solely responsible for the content of this announcement.

    Centurion International AG’s successful listing on the Düsseldorf Stock Exchange marks the only listing of an Africa-focused service company in Germany

    Frankfurt am Main, February 1, 2022

    Centurion International AG (“CIAG”, WKN: A2YN5X / ISIN: DE000A2YN5X9), a growing pan-African services group active in business advisory between Germany and the African continent, announces the successful listing of its shares on the free market (allgemeiner Freiverkehr) of the Düsseldorf Stock Exchange. The lead manager of the stock transaction is Small & Mid Cap Investmentbank AG.

    CIAG’s listing on a German stock exchange marks the only listing of an Africa-focused services company in Germany, offering German capital markets and European institutional investors the opportunity to participate directly in the African growth story. . CIAG’s listing on the Düsseldorf Stock Exchange is against the backdrop of the company’s growth strategy in Germany and Africa.

    NJ Ayuk, CEO of CIAG, said: “By listing our shares on the Düsseldorf Stock Exchange, we aim to provide investors with a gateway to participate in Africa’s vast economic growth potential. Additionally, we are looking to tap into the German capital markets to fund the acquisition. small and medium-sized consulting companies, regardless of our current share price and thereby increase earnings per share for our investors.”

    About CIAG:

    Centurion International AG is a pan-African services group, headquartered in Frankfurt am Main and listed on the Düsseldorf Stock Exchange. CIAG currently operates as the management holding company of its subsidiaries in South Africa and Mauritius and primarily provides capital, management skills and strategic advice to its subsidiaries. The CIAG Group provides extensive professional services, legal advice in all African jurisdictions and advice, such as market entry and pan-African expansion strategies for private and public sector companies, with a focus on on the African energy industry.

    www.centurion-international.de

    Contact for IR and media inquiries:
    Centurion International S.A.
    Julius Moerder, Investor Relations
    Opernplatz 14, 60313 Frankfurt am Main
    Phone. : +49 69 1532944 42
    [email protected]

    01.02.2022 Broadcast of a Corporate News, transmitted by the DGAP – a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

    DGAP distribution services include regulatory announcements, financial/corporate news and press releases.
    Archive at www.dgap.de

    2022 Oscar Nominations: Voting and Counting Explained

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    Voting for the 2022 Oscar nominations in 15 races ends February 1 after just six days of voting. Nominations for the 94th Academy Awards will be announced on February 8. Applicants in the acting, directing, writing and craft categories (excluding makeup/hair and visual effects) will be selected under the preferential system that has been in place for years. To illustrate how this counting method works, let’s apply it to last year’s Best Actress race.

    Between our experts (journalists who cover this beat year-round), website editors, and readers like you, we’ve filed 8,157 Best Actress nomination ballots. (In comparison, the actor branch of the academy had 1,363 members last year.) In accordance with the preferential system, we sorted these ballots by first choice and only women who appeared at the top of at least one ballot. voting continued in the process.

    There are five nominees for Best Actress. In our scenario, the initial threshold—that is, the magic number—for a nomination was set at 1,360 votes (that is, 8.157 divided by 6 and rounded up). If each of the five women reaches this threshold, they will count for 6,800 votes, which makes it mathematically impossible for a sixth actress to obtain more than 1,357 votes.

    Carey Mulligan (“Promising Young Woman”) got 4,957 votes for first place and won a bid (as she did in the actual nominations). Usually these ballots would be set aside at this point.

    However, this newly minted candidate was so popular that she garnered at least 20% more first-place votes than needed to be nominated – in our scenario, that’s 1,632 – thus triggering the overage rule ( the best picture ballot invokes the overage rule with a 10% overage). The rationale for this rule is to ensure that someone can vote for an extremely popular candidate without worrying that their ballot won’t matter.

    When this happens, the ballots for that candidate are distributed as follows: one share goes to the candidate so that they reach the number needed for a nomination and the remaining share goes to the candidate below them on the ballot. vote which is still in the running and not yet named.

    Mulligan only needed 1,360 first-place votes to reach the initial threshold, so each of her 4,957 votes is split with 0.274 of the votes remaining with her and 0.726 for the actress listed in second place, in assuming she got at least a first-place vote from someone to remain eligible and is not already considered a candidate. These split votes equal 3,597 ballots in all.

    french McDormand (“Nomadland”) got 1,386 first-place votes. As with Mulligan, this carry triggered the overage rule, with a split of 0.981 for McDormand and 0.019 for the second-place pick.

    And so ends the first round with two of the five slots filled.

    TO DISCUSS All the Oscar contenders with Hollywood insiders in our notorious forums

    Before starting the second round, a new second threshold must be calculated based on the ballots remaining in the process and the number of candidates remaining to be determined.

    We started with 8,157 ballots and removed 6,343 [4,957 (Mulligan) + 1,386 (McDormand)] leaving 1,814.

    Since there are three spots left, we divide those 1,814 ballots by four and round up which gives us a new second threshold of 454. If three actresses each got that many votes, they would represent 1,362 votes, leaving only 452 in play .

    Viola Davis (“Ma Rainey’s Black Bottom”) originally had 1,221 votes and would have become the third nominee at this point.

    vanessa kirby (“Pieces of a Woman”) entered this round with 253 votes for first place. Perhaps she received enough fractional votes from the surplus rule applied to ballots listing Mulligan and McDormand first to reach that new threshold to become the fourth candidate, as she actually was.

    Before starting the third round, a new third threshold is calculated. We remove Davis’ 1,221 ballots and Kirby’s 253 of the 1,814 that were used in the second round, leaving a new total of 340. With one spot remaining, we divide that by two and round up for a new third threshold of 171 If an actress achieves this, there will only be 169 votes at stake.

    At this point, the accountants redistribute the ballots from the actress with the fewest votes for first place to the next actress lower on the ballot who is still seeking a nomination. The accountants search each of these ballots for the next highest ranked actress still in the running. This will be done with the ballots of each actress who has the fewest votes for first place until someone reaches the new threshold of 171.

    The eventual fifth candidate was Andra Day (“The United States vs. Billie Holiday”), which started with 168 votes.

    While the Best Picture champion is determined by a version of this preferential system, the winners of the other races are those who are ahead in the popular vote – that is, a voter chooses just one of the nominees and the ‘Oscar goes to the nominee with the most votes.

    TO PREDICT the 2022 Oscar nominees until February 8

    Make your Gold Derby predictions now. Download our free and easy app to Apple/iPhone devices Where Android (Google Play) to compete against legions of other fans as well as our experts and editors for the highest prediction accuracy scores. Check out our latest prediction champions. Can you then top our estimated rankings? Always remember to keep your predictions up-to-date as they impact our latest racetrack odds, which are terrifying chefs and Hollywood stars. Don’t miss the fun. Have your say and share your opinions on our famous forums where 5,000 showbiz leaders hide out every day to follow the latest awards rumours. Everyone wants to know: what do you think? Who do you predict and why?

    NAR Counter pursues REX online brokerage – NMP

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    The National Association of Realtors has counter-sued REX-Real Estate Exchange Inc., claiming the online brokerage has made false and misleading advertisements and statements about its services to mislead consumers.

    NAR’s lawsuit was filed as part of ongoing litigation between NAR and REX in the U.S. District Court for the Western District of Washington in Seattle. NAR seeks damages, an injunction restraining REX from continuing its false and deceptive practices, and reimbursement of costs and attorneys’ fees.

    NAR’s lawsuit follows an antitrust lawsuit filed by REX in March 2021 against NAR, Zillow and Trulia. REX said at the time that its lawsuit was filed on behalf of its US clients and consumers concerned about competition and transparency in real estate.

    In a statement released when the antitrust lawsuit was filed last year, REX CEO Jack Ryan said his company believes “this litigation will define whether the technology will serve and protect the big brokers and the NAR Cartel, or whether it will deliver on its promise of greater convenience, service, transparency and lower commission costs for consumers.”

    In its countersuit last week, NAR claims that REX’s false and misleading advertisements have the effect of discouraging consumers from obtaining “the pro-consumer and pro-competitive benefits provided by NAR members” and service markets. independent and multi-list local.

    “NAR will oppose attempts to mislead consumers, including attempts to mislead consumers about buying or selling a home in general or about services or the cost of using real estate agents, most of whom are small business owners,” said NAR President Leslie Rouda Smith. “Local and independent multiple listing services benefit competition and fair housing, and NAR will ensure that consumers can make the choice whether or not to participate in local brokerage markets, with a full understanding of how they operate.”

    Smith added: “The truth is that if home buyers and sellers are tricked into avoiding multiple listing services, they would lose the pro-consumer and pro-competitive benefits of the services. Sellers lose exposure to the largest pool of available buyers, and buyers lose access to the largest pool of properties for sale. Our goal with this action is to protect consumers.”

    NAR’s complaint states that REX misleads consumers by:

    • False advertising that sellers will receive higher proceeds because in a REX transaction sellers do not pay commissions to the buyer’s broker.

    NAR states in the lawsuit that REX admitted that, as is customary in the industry, when a homebuyer is represented by an agent, sellers-clients of REX may pay buyer-agent commissions.

    • Falsely claiming that he has developed innovative and superior technology that can proactively identify the “perfect” buyer for a seller’s property using artificial intelligence and data analytics, allowing him to offer lower commissions.

    NAR says REX has admitted that he relies on the Zillow website to display his listings and that he believes he needs access to aggregators like Zillow to compete effectively. NAR says this means that the viability of REX’s business depends on its ability to access and use proprietary technology that has been built by Zillow on the exact terms that REX wants.

    • False advertising that NAR has adopted a series of anti-competitive policies – including making agent commissions non-negotiable for brokers who wish to put their listings on the MLS – to prevent competitors from offering consumers lower transaction fees.

    NAR states that its multiple listing service rules and policies have always permitted trading between the listing broker and a cooperating broker at any time during the transaction. NAR said its rules expressly allow the listing broker and the cooperating broker to enter into an agreement to change the cooperative compensation, and this can happen before a property is shown, after a viewing or even after an agreement is accepted. an offer.

    Michael Toth, senior vice president and general counsel at REX, said the NAR countersuit is standard operating procedure (SOP) for NAR.

    “We’ve seen this playbook before,” Toth wrote. “NAR’s SOP when called upon to limit competition and consumer choice is to try to create a false narrative. NAR has not filed a new lawsuit against REX, it has filed a counterclaim without foundation in our lawsuit against Zillow and NAR’s collusion to prevent consumers from having digital access to all homes for sale.”

    Toth continued, “NAR did the same thing last fall regarding the US Department of Justice. NAR claimed it was suing the DOJ, when in fact NAR was simply trying to overturn a legitimate subpoena. in NAR’s anti-competitive practices, and he did the same in our case when he misrepresented the prior consent decrees with the DOJ, which resulted in the Department of Justice intervening in our case to correct the record. The facts and the law are on the side of REX and consumer choice, not NAR and industry scrutiny.

    The National Association of Realtors is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries.

    REX, based in Austin, Texas, was founded in 2015 by Jack Ryan and Lynley Sides. It does business in 15 states – Arizona, California, Colorado, Florida, Georgia, Illinois, Maryland, Nevada, New York, New Jersey, Oregon, Pennsylvania, Texas, Virginia and Washington – and the District of Columbia.

    Fiji Kava Limited (ASX:FIJ) Launch of Fiji Kava on Alibaba’s Tmall platform

    0
    Fiji Kava launches on Alibaba’s Tmall platform

    Brisbane, 31 January 2022 AEST (ABN Newswire) – Fiji Kava Ltd (ASX: IJF) is a health and wellness company with operations in Australia, Fiji and the United States. The company that makes natural products to reduce anxiety, promote relaxation, improve sleep and support sports recovery and performance launched today on Alibaba’s Tmall e-commerce platform to reach more of consumers in China.

    – Fiji Kava to increase presence in China as it launches on Alibaba’s Tmall e-commerce platform

    – Starting today, Fiji Kava’s Noble Kava(R) extract capsules and two Noble Kava varieties from the Noble Sleep(R) and Noble Body(R) capsule ranges are available on the e-commerce platform Alibaba’s Tmall

    – China is the second largest market for vitamins and supplements in the world, estimated at 149 billion RMB (~ 30 billion Australian dollars).

    Chinese consumers will be able to access a wide range of Fiji Kava products on Tmall, including its Noble Kava(R) extract capsules and two Noble Kava varieties of Noble Sleep(R) and Noble Body(R) with launches of new products to closely follow those of the Australian market.

    Tmall is part of the Alibaba Group, China’s largest e-commerce company. It is a leading third-party online and mobile e-commerce platform where international brands can access consumers in China. China is the second largest market for vitamins and supplements in the world, estimated at 149 billion RMB (~ 30 billion Australian dollars1).

    Fiji Kava CEO Anthony Noble said, “Despite global disruptions and growing geopolitical tensions, cross-border e-commerce in China has seen strong growth in the vitamins and supplements sector. We are excited to launch on Tmall today to start building our business footprint. in China.

    “The launch of Tmall has been facilitated by the previously announced partnership with PuMate (Shanghai) Limited, which will see Fiji Kava branded products and raw materials sold to the Chinese complementary medicine, personal care and pharmaceutical industry, as well as than through commercial e-marketplaces, such as Tmall.

    “The Chinese market has been difficult for FijiKava and the ongoing political and trade tensions between Australia and China have not made matters any easier. However, with persistence and hard work, our Chinese partners have now made a first Tmall and other Chinese online sellers have effectively transformed the landscape of cross-border e-commerce over the past few years and listing here is therefore key to opening up future sales channels.

    As we grow and evolve, the company will continue to focus on the core health needs of reducing stress and anxiety, improving sleep, and athletic recovery and performance. . Consumers increasingly recognize the importance of meeting these needs, particularly through self-medication. We believe there is a huge untapped market for natural products like ours around the world, including China. »

    *To view the Fiji Kava range on Tmall, please visit:
    https://abnnewswire.net/lnk/QNJ27NM4

    About Fiji Kava Limited

    Fiji Kava LtdFiji Kava Limited (ASX:FIJ), an Australian-Fijian medicinal kava health and wellness company, producing ‘noble kava’ natural products for the natural medicine market, is expected to surpass $210 billion Americans by 2026 in the world.

    As the first foreign company with Fijian government approval to operate in the kava industry. FijiKava has established a world-leading certified, sustainable and 100% traceable organic supply chain of ‘noble kava’, including a central farm in Levuka, Ovalau Island, Fiji.

    FijiKava is focused on expanding the availability of noble kava products in Western markets to provide a natural alternative to prescription medications to promote sleep, soothe and calm nerves, promote muscle relaxation, and relax the mind. spirit.

    Backed by years of independent research, Fiji Kava medical kava products are manufactured to high quality GMPs and comply with TGA and FDA standards.

    Related companies

    Fiji Kava Limited

    ABN Newswire
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    Stock up on senators full of schedules

    0

    Get ready for a steady dose of Canadian content, it’s NHL catch-up time.

    At the start of the season, fantasy owners were banking on some rest and relaxation in the month of February. Instead, thanks to the obvious, it will be like nothing happened, and more.

    A total of 95 games were added between February 7 and February 22, a period originally designated for the Olympic break. Additionally, on top of all the postponements due to attendance restrictions in Canada, a slew of January games have also been postponed.

    FEBRUARY

    As you can see, navigating this uneven schedule will be fun. At this point, it is what it is.

    1. Due to the four-day All-Star break, Week 16 will continue until February 13.

    Monday: 7 games
    Tuesday: 9 matches
    Wednesday: 5 games
    Thursday: ALL-STAR
    Friday: ALL-STAR
    Saturday: ALL-STAR
    Sunday: ALL STAR

    Total: 21 games

    Monday: 2 games
    Tuesday: 7 matches
    Wednesday: 6 games
    Thursday: 7 matches
    Friday: 4 games
    Saturday: 8 games
    Sunday: 4 games

    Total: 38 games

    2. Stock up on the Ottawa Senators, they’re expected to play a league-high six times over the next two weeks. On the other side of the spectrum, the Kings, Rangers and Sharks will only play once. Keep that in mind.

    6 games: OTT (1)

    5 games: ARI, CGY, EDM, NJD, NYI, TOR, VAN, WSH (8)

    4 games: BOS, CAR, CHI, CBJ, DAL, MTL, PIT, SEA, WPG (9)

    3 games: BUF, COL, DET, MIN, NSH, TBL, VGK (seven)

    2 games: ANA, FLA, PHI, STL (4)

    1 Games: LAK, NYR, SJS (3)

    3. However, it is difficult for the Senses to be busy. Just last week they lost two-thirds of their top-line. All-Star Drake Batherson will be out for at least two months with a sprained ankle. Meanwhile, Josh Norris has a shoulder problem and is also out indefinitely.

    With that in mind, Tim Stutzle and veteran Tyler Ennis are worth grabbing. They were pushed to the first line to play with Brady Tkachuk.

    4. Speaking of which, I wonder what all of this means for the value of Tkachuk’s rest of the season. Honestly, a compelling argument could be made for both sides. On the one hand, it is possible to suggest that its stock could continue to decline given that it has been cold for some time now. But on the other hand, it’s easy to justify buying low just because the dude is so talented it doesn’t matter who he plays with.

    Tkachuk hasn’t scored since Dec. 14, 12 games and 50 shots ago. For what it’s worth, I’d still go for the purchase; he’ll be fine.

    5. Believe it or not, Matt Murray has started to emerge again as a viable goalie option. In five appearances since being recalled from the AHL, the two-time Cup champion is 3-0-2 with a 1.97 goals-against average, .937 save percentage and one shutout. A few lines of thought.

    6. Some RW-eligible Batherson replacement options: Jeff Carter, Adrian Kempe, Tage Thompson and Alex Tuch.

    seven. New tanker Evander Kane is another. If it’s available in your league, take it immediately. The 30-year-old, who is coming off a career-high 0.88 points per game last season with San Jose, scored 17:52 in his debut on Saturday night in Montreal.

    Oh yeah, at first he skates a line with Connor McDavid.

    8. Put Kailer Yamamoto, Kane’s other new linemate, on your watch list. Talk about a garden seat.

    9. It might be time to cut your losses and start doing business deals on Connor Hellebuyck. In general, there’s just something wrong with Winnipeg this season. The 2020 Vézina winner had a terrible January going 3-5-2 in 10 starts with a lackluster 3.49 goals-against average and .896 save percentage.

    Maybe he’s just tired. After making 13 consecutive starts, Hellebuyck was finally able to breathe on Saturday afternoon in Saint-Louis. Eric Comrie was fantastic.

    ten. No Nathan MacKinnon for the foreseeable future means more for Valeri Nichushkin, Alex Newhook and JT Compher at Colorado.

    11. On the outside, Brayden Schenn, Trevor Zegras, Robert Thomas and Mikael Granlund are four eligible center options worth considering.

    12. Cut the cord on Jamie Benn. The Stars captain has been knocked off the scoresheet in 11 straight games. Ouch.

    13. Do the same with Ivan Barbashev, who is now useless in five straight games. In my opinion, the Blues will not play again until February 10, so there is no reason to stay. You can always go back on the road.

    14. Pick up Dylan Strome and ride the hot hand. In his last nine outings, the Hawks forward has four goals and 11 points. In recent games he skated with Patrick Kane and Brandon Hagel.

    Strome has been on the trading block for a while, this push should help his market value.

    15. Attention Erik Karlsson owners: You will likely have to go the commercial route to find a suitable long-term replacement. Until then, Jared Spurgeon, Nate Schmidt, Mark Giordano and Evan Bouchard are some short-term looks.

    16. For my money, there are plenty of low-cost shopping opportunities in Washington right now, but you better act fast. The Capitals are 4-6-2 over the last 12 games. I don’t know how long this cold streak will last. Tom Wilson, John Carlson and Nick Backstrom should be firmly on your radar.

    17. Pick up Jeremy Swayman. Tuukka Rask is struggling with a lower body issue, which has opened the door for the 23-year-old to be recalled from the AHL. In 16 appearances this season for Boston, Swayman has been very steady (8-6-2, 1 SO, 2.26, .918). The youngster could get the green light on Tuesday night against Seattle.

    18. Make a move for John Gibson. In five starts since returning from injury, the Ducks goalie is 3-1-1 with a 1.78 goals-against percentage and .949 save percentage. Health is always a talking point with Gibson, but there’s no denying that when he’s healthy, he’s as elite as he is in the NHL. Anaheim has been a great story this season.

    19. If you can afford it, pick up and stash Jakub Vrana. Slowly but surely, the Red Wings winger, who is returning from shoulder surgery, is getting closer to a possible comeback. In theory, it could happen sometime in February. Stay tuned.

    20. File this one under a possible cheeky DFS game. With Chandler Stephenson in the Covid protocol, Nolan Patrick is at the center of the Vegas front row alongside Max Pacioretty and Mark Stone. Looked.

    Respecting the rules of reference can avoid a delicate situation

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    Jeanine “JT” Tanner O’Donnell is a career coach and founder of the leading career site www.workitdaily.com. Dale Dauten is the founder of The Innovators’ Lab and the author of an HR novel, “The Weary Optimist”.

    Dear JT & Dale: A colleague told me she was looking for a new job and asked me to be a reference. I accepted because I am also thinking of leaving the company and I felt that she could be a reference for me. However, my company has a policy that only managers can give references, so if I get caught I could be in trouble. Well, I got a call from a potential employer, and they wanted to confirm all of the accomplishments she claimed were hers in her current role. She took a lot of liberties and a lot of credit for things she didn’t do on her own.

    Honestly, I didn’t know what to say because I didn’t want to contradict him, but at the same time, I’m not saying that she actually did those things when she didn’t. Basically, I put myself in a very bad position and I don’t know how to get out of it. Thoughts? —Kandace

    JT: First, you need to know that there’s a reason companies set strict rules about who can give referrals. This is because a company can be sued for the reference it gives, so it trains its employees on what they can and cannot say. I knew of a company that had an employee who stole $10,000. They didn’t want their clients to know, so they just told him to find a new job. When a new employer asked for a reference check, the old company said they had no problem with it. Well guess what? She ended up stealing from her next employer. This employer ended up suing the former employer for lying. This is why you need to be very careful when checking references.

    VALLEY: This also explains why many companies simply refuse to give references and only check dates of employment.

    JT: Now at this point I think you should start looking for a new job immediately. Hopefully breaking the rules doesn’t come back to bite you. From now on, leave the reference check to management.

    VALLEY: One more thing: be open-minded about the accomplishments your former co-worker listed that she “didn’t accomplish alone”; after all, if you’re on the team, you win.

    Dear JT & Dale: I worked for the government for 20 years and am now about to retire with a pension. I want to find a whole new career path. Do you think I have to go back to college to do this? I currently do not have a university degree. —Brooks

    VALLEY: Oh, it’s painful for me. My father was a university professor, as were two of my uncles. And, early in my career, I served on the adjunct faculty of two colleges. I like college. But your question forces me to confront the fact that I mostly like it as the transition from adolescence to adulthood, a safe place to get away from home and try out characters, which might help find a career path. And, oh yeah, you get to learn a bit of history, science, English, and math, and it also helps you know what you were meant to do and be. Looking at this list, not everything applies to you. And that brings us to what so many colleges are becoming: vocational training centers. The result is that the university becomes a decision whether or not a degree is required for what you want to do next.

    JT: A college degree would be an expensive way to figure this out. So I would not immediately rush back to school. Often you will not see the return on this investment. I think you should first figure out what profession you want to go into by conducting informational interviews with people who have jobs that interest you. Many times you can learn how to enter a field without a college degree. There might be some kind of certification you can get that is much less expensive and takes less time.

    Jeanine “JT” Tanner O’Donnell is a career coach and founder of the leading career site www.workitdaily.com. Dale Dauten is the founder of The Innovators’ Lab and the author of an HR novel, “The Weary Optimist”. Please visit them at jtanddale.comwhere you can email questions or write to them c/o King Features Syndicate, 628 Virginia Dr., Orlando, FL 32803. (c) 2022 by King Features Syndicate, Inc.

    It’s been a crazy week for stocks. Here are 4 things to keep in mind: NPR

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    In this photo provided by the New York Stock Exchange, a trader works on the trading floor on January 26. Stocks have endured an incredibly volatile week as the Federal Reserve prepares to raise interest rates.

    Allie Joseph/AP


    hide caption

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    Allie Joseph/AP


    In this photo provided by the New York Stock Exchange, a trader works on the trading floor on January 26. Stocks have endured an incredibly volatile week as the Federal Reserve prepares to raise interest rates.

    Allie Joseph/AP

    It’s been a week that has rocked Wall Street as an era of easy money draws to a close.

    Markets went on such a rollercoaster ride that it baffled even the most seasoned investors, ending, in remarkable fashion, with the biggest rally of the year for major stock indices.

    The reason for all this volatility? The Federal Reserve telegraphed this week at its first policy meeting of the year that it plans to start raising interest rates as early as March to tackle inflation, which is at 40-year highs.

    Markets are eyeing four to five rate hikes this year, with Bank of America predicting as many as seven hikes in 2022 on Friday.

    Here’s what to know about an incredible week in the markets – and what it means for you.

    Why are investors so scared?

    Turns out, it’s not just average Americans who worry about the economy and inflation.

    So are professional investors. A unique period in the history of Wall Street is coming to an end. For most of the period since the 2008 global financial crisis, inflation has remained relatively low and the Fed for the most part has kept interest rates near record lows.

    It made it very inexpensive for companies to borrow money, and it fueled Wall Street’s record run.

    This era seems to be over or coming to an end.

    The central bank hopes to raise interest rates just enough to lower inflation, but not enough to hurt the economy. Investors are deeply uncertain about the Fed’s ability to strike this balance.

    This has led to incredible swings in the markets this week, often within the same day. On Monday, for example, the Dow Jones Industrial Average fell more than 1,000 points to end the day with a modest gain.

    The Dow Jones ended Friday with a gain of more than 500 points, the biggest of the year, while the Nasdaq jumped more than 3% after companies like Apple provided some comfort by reporting good profits. .

    Even Wall Street veterans say they haven’t seen this kind of sustained volatility since the dotcom bubble burst in 2000 or during the 2008 financial crisis.

    So what should we expect from the economy?

    Analysts widely expect economic growth to slow this year after recording its strongest growth since 1984 last year.

    That growth, however, was uneven, which is why many Americans don’t feel positive about the economy according to recent polls.

    It’s not just inflation. The biggest challenge remains the pandemic itself. Whenever infections break out, it makes people nervous about going out and traveling, and it reduces consumption.

    The pandemic is also keeping would-be workers on the sidelines, only prolonging staff shortages and supply chain issues that have weighed on the economy.

    Take Lindsay Mescher, who runs the Greenhouse Cafe restaurant in Lebanon, Ohio. Right now, she’s struggling with not having enough customers, because of Omicron, but even when business picks up, she worries about rising prices.

    “Just yesterday I received a text message from my farmer. Our chicken has gone up a dollar a pound. And I understand that. Its costs have also increased. But I cannot continue to pass on these costs. a chicken and salad sandwich in this town. It just won’t work,” she said.

    The International Monetary Fund this week lowered its growth forecast for the U.S. economy to 4%, down 1.2 percentage points from its previous estimate.

    What do these economic challenges mean to us?

    Borrowing costs will rise as the Fed raises interest rates. We have already seen mortgage rates climb to their highest level since the start of the pandemic.

    Auto loans and other forms of credit will also rise as the Fed raises rates. However, it is also important to keep things in perspective: rates are likely to still be low by historical standards.

    The federal government will also put less money in people’s pockets now that most pandemic relief programs have ended.

    But on the positive side, we are seeing increased wages and better benefits as employers have to compete for scarce workers, giving employees greater bargaining power. Friday’s data showed employer spending on wages and benefits rose 4% last year, the biggest increase in two decades.

    Yet, on average, wages are still not keeping pace with inflation.

    And what will this mean for stocks?

    Some seasoned investors are sounding the warning that we are in really dangerous times.

    One of them is the influential fund manager, Jeremy Grantham, who predicted this month that we are in the middle of a “superbubble”, with inflated stock, housing and commodity prices because that the Fed has kept interest rates too low.

    But this is not a widespread opinion.

    Other investors are calling it a natural recalibration after three years of strong stock market growth that stretched some companies’ valuations.

    “I think what we’re seeing right now is sort of justified based on valuations and what the Fed has been telling us, which is why we were relatively cautious at the start of the year,” he said. Savita Subramanian, head of US equity research at Bank of America.

    Tech stocks, in particular, have had an incredible rally, with the Nasdaq more than doubling in the past three years.

    The high-tech index is now in correction territory after falling more than 10% this year, a decline that scares investors.

    But in the end, professional investors call for patience. Markets have been steadily rising over the long term. We happen to be in the midst of a volatile race as stocks navigate an uncertain economy – and the end of an era of easy money.

    Technology issues may not be the only reason Block (ASX:SQ2) shares have fallen 17% since listing

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    Image source: Getty Images

    Key points

    • Block shares have slumped since listing on the ASX
    • The sale of the technology weighed on its shares, as did rumors about Apple’s plans
    • Apple could be about to disrupt the disruptor with its iPhones

    It hasn’t been a good start to life in the Australian equity market for the Block Inc. (ASX: SQ2) share price.

    After hitting $178.88 shortly after listing, shares of the payments company fell 17% to $149.27.

    Why is Block’s stock price under pressure?

    While much of the weakness in Block’s stock price was due to a sell-off in the tech sector on the prospect of interest rates rising sooner than expected, it’s not isn’t the only reason for the underperformance.

    Shares of the company came under pressure this week amid reports that tech giant Apple may be set to challenge Square in the payment terminal market. This adds to existing speculation that Apple wants to launch a buy it now, pay later (BNPL) offering that would compete with the newly acquired Afterpay business.

    What’s the latest?

    According to Bloomberg, Apple is currently developing a new payment service that will allow ‌iPhones‌ to accept debit and credit cards without additional hardware. All of this technology requires an NFC chip, which has been present in iPhones since the iPhone 6. This is made possible by Apple’s acquisition of Canadian Mobeewave for around US$100 million in 2020.

    This means that small business owners could accept payments from customers without the need for hardware like the Square Reader or EFTPOS machines from Tyro Payments Ltd (ASX:TYR).

    What impact this ultimately has on Block’s performance, only time will tell. But judging by Block’s share price in recent days, investors seem to fear it could slow its terminal growth and gross payment volume if Apple starts gaining market share.

    However, it should be remembered that Apple has not confirmed this technology or its BNPL aspirations.

    Hint – Sales Merchandiser, Seattle – BevNET.com Beverage Industry Job Listing

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    Sales Merchandiser,

    THE OPPORTUNITY:
    Hint, one of the fastest growing beverage companies in the market, is looking for a Sales Merchandiser to help drive Hint’s expansion into the enhanced water category. This is a great opportunity for someone looking to enter ground level with a growing beverage business.

    You will work closely with our regional sales managers and distribution partners following a specific delivery schedule/route, ensuring that our products are received, invoiced and placed on displays/shelves in a timely manner and according to plans sold by managers local traders. .

    The ideal candidate will be independent, enthusiastic and collaborative. You will support our regional sales managers in all aspects of the sales cycle: developing and maintaining key accounts, identifying growth opportunities and fostering closer customer relationships. A proactive approach to all aspects of customer service and development is a must!

    WHO YOU WORK WITH:

      • Sales team
      • Field marketing team

    WHAT WE OFFER:

      • Competitive salary and bonuses
      • Car allowance or company car
      • 100% of health care premiums for employees and dependents covered by the company
      • Life insurance (company paid and voluntary)
      • Flexible Spending Accounts
      • 401K (regular and Roth)
      • $150/month gym allowance
      • $100 per month for your cell phone and $50 per month for internet (if applicable)

    WHO YOU ARE AND WHAT YOU BRING:

      • At least 1 year of relevant work experience preferred, including internship
      • You have experience with sales KPIs and know how to achieve quotas and targets
      • You have excellent communication skills (written and verbal)
      • You have strong organizational and time management skills
      • Independent and reliable: you know how to follow instructions and follow them to get results
      • Service oriented: You like to serve your team and your customers
      • You thrive in a dynamic and fast-paced environment
      • Experience in the CPG industry, hotel/restaurant or retail industry preferred
      • You live an active and healthy life and want to help our customers do the same!
      • A good driving record is essential (a company vehicle will be provided)

    WHAT YOU WILL ACHIEVE:

      • Account Relationships: You will work with a set of specific retail store accounts. Your goal is to build good relationships with key people such as store managers and receivers for each account. You’ll follow up regularly to make sure orders are consistent, current customers still have the product in stock, and Hint looks great on the shelves!
      • Account management: you will ensure that prices and products are displayed correctly. Creativity and attention to detail are key! You will also learn about our business initiatives and communicate any stock shortages, other issues or possible opportunities to your local manager.
      • Promotions and Point of Sale: A big part of the role is building and maintaining displays to drive sales. You will assist Sales Managers with marketing racks, coolers, sliders and banners, as well as other sales areas, ensuring point of sale and signage is up to date. From time to time, you restock coolers and shelves using back stock to minimize stockouts.
      • Account Growth: You will introduce local account managers to new flavor options available from distributors and assist with customer demonstrations and local events. You will sell new flavors and additional SKUs when possible.
      • Time and Territory Management: You will plan your day with your manager to reach all of your accounts and provide every customer with a great Hint experience. You will also communicate with District Managers to plan promotional weeks, displays and other sales efforts. You will track and monitor progress by systematically using CRM tools (Repsly) to document important information, take photos and schedule follow-ups.
      • Travel: You will need a valid driver’s license for this role. Some travel to other regions may be required to support adjacent territories.

    WHAT WE OFFER:

      • Competitive salary and bonuses
      • Car allowance or company car (if applicable)
      • 100% of health care premiums for employees and dependents covered by the company
      • Life insurance (company paid and voluntary)
      • Flexible Spending Accounts
      • 401K (regular and Roth)
      • $150/month gym allowance
      • $100 per month for your cell phone and $50 per month for internet (if applicable)

    Please note: Hint requires all employees to show proof of Covid-19 vaccination unless an accommodation request is/has been approved. All new hires will be required to submit proof prior to their first day of employment.
    Hint is an equal opportunity employer and reasonable accommodation will be considered.

    ABOUT US:
    Hint is on a mission to help the world achieve a healthy lifestyle by helping people fall in love with water. The idea behind Hint is simple: pure water, nature’s original refreshment, enhanced with fruit essence. No sugar, no diet sweeteners. NEVER.
    Based in San Francisco, Hint is looking for passionate people to help us achieve our mission of healthier lifestyles for all. Hint is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
    We are #NowHiring talented people across the United States to help us make healthier choices more enjoyable. We do not accept submissions from agencies. All unsolicited resumes will be considered the property of Hint.

    Apple launches support for unlisted App Store apps accessed through a link

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    AppleInsider is supported by its audience and is eligible to earn an Amazon Associate and Affiliate Partner commission on qualifying purchases. These affiliate partnerships do not influence our editorial content.

    The App Store now supports unlisted apps that can only be accessed with a link, Apple announced in an update on its developer website.

    Unlisted app distribution allows developers to publish apps that are not intended for public use. These apps will not appear in any of the App Store’s categories, recommendation tables, search results, or listings. The apps can also be accessed through Apple Business Manager or Apple School Manager.

    Developers will be able to distribute apps to a limited audience, which could include part-time employees, partners, affiliates, or conference attendees. Additionally, apps may be distributed to employee-owned devices that may not be eligible for an MDM platform.

    Apple says apps for “specific organizations, special events, or research studies, or apps used as employee resources or sales tools” are all good use cases for app distribution. listed.

    The feature is currently available on request only. Developers will need to submit a request to receive a link to an unlisted app. Apple notes that unlisted apps must be ready for distribution — the company will deny any beta or pre-release apps.

    Developers will be able to create unlisted distribution links for new and existing apps. If a request is approved, the app distribution method will change to “Unlisted app” for current and future releases. If the app is already listed on the App Store, its main listing will remain unchanged.

    What is unclear is how the application review process may change, if at all. Historically, Apple took a hands-off approach to apps distributed with enterprise certificates, until they saw massive abuse.

    More information about distributing unlisted apps, as well as links to submit a request, is available from Apple. developer update website.

    NAR Sues REX Homes for Deceptive Practices and Seeks Damages

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    There’s been a lot of advice lately about real estate agent safety, but what about home seller safety?

    This area seems a bit poor in advice, as a profession we probably owe more consideration to the vendors who pay for the food on our table. The appropriate time to discuss security with your new client is probably right after signing up.

    There are the points you should cover with your salesperson:

    Explain that you cannot protect valuables

    If you’re planning on hosting an open house, remind them that you probably won’t be following every potential buyer around the house. Unless you insist that visitors log in or check their IDs, you also won’t know exactly who is walking around the house.

    Unless you, as the agent, plan to be present at every visit, you will need to explain that you cannot protect their valuables.

    Delete pharmaceutical products for each round

    Jewelry, laptops, iPads, personal mail, and especially pharmaceuticals are prime targets for thieves if not stored properly. Encourage your salesperson to remove prescription drugs from the house before each visit or to properly dispose of expired prescription drugs.

    The mail may contain personal information and bank statements and poses a risk of identity theft. Explain that officers do not want to be confronted with someone taking these types of items from a home.

    Store knife blocks

    Ask the seller to put away all the knife blocks before showing. These can be a security concern for any officer showing up at home.

    With all those high definition images of the inside of the house on every listing site, it’s like a takeout menu for a thief. Suggest that your seller consider stocking high-end stereos, flat screen TVs, etc., until they are sold.

    Surprising Tip: Delete Photos of Children

    If your client has pictures of his wife, teenage daughter, or children, tactfully suggest that it might not be appropriate, if for example a pedophile or stalker has walked through his house.

    Tell sellers not to offer tours on their own

    Even without a sign outside a property, the fact that the address is on every city website is an open invitation (or excuse) for someone to knock on the door and ask sellers to “peek” inside. Explain to them that it’s not a good idea to let them in and that they should just say, “Please call my agent with any questions or to book an appointment.”

    Explaining Craigslist Scams

    With the growing rental fraud scams (ads being taken down by scammers who post fake rental ads on Craigslist and other sites), potential tenants might also be showing up at their doorstep ready to move in.

    Check locks after tours

    Discuss with them how to make their home burglar-proof when it’s on the market and the need to check that a prospect hasn’t deliberately left a door or window unlocked, so they can gain access easily later.

    If they don’t plan to go straight home after a visit, recommend that they ask a trusted neighbor to drop by to make sure your doors are locked and the windows are secure.

    Consider that there would actually be a lot less to worry about if we knew exactly who is looking at a house.

    How do we protect sellers?

    So why do we let any old Tom, Dick or Harry look at houses in the first place? Why do we allow unverified buyers into our sellers’ homes?

    Agents should consider advising the seller to only allow verified leads into their home.

    The Des Moines Area Association of Realtors has already come up with an innovative Seller’s Agreement, which states that no real estate agent is allowed to show the home to anyone the agent has not met and identified before.

    As a positive side effect, with this contract in place, it allows agents to tell potential buyers that they have no choice but to meet the agents in public first as this is required by the contract with the seller .

    The other advantage is to respect the seller’s time and effort in the preparation of each exhibition.

    After all, sellers are expected to maintain order and be ready for the next show. I’m sure many sellers spend some time getting ready for the next show and then leaving the house, sometimes with kids and pets in tow.

    The cheat sheet for your salespeople:

    Here is an abbreviated version of the suggested list of points you should discuss with a door-to-door salesperson:

    • Explain that you cannot be present at every visit or be responsible for their valuables.
    • On open days, you will not show the house to all visitors.
    • Jewelry, cash, laptops, cell phones, gaming systems, and pharmaceuticals should all be stored out of sight and out of drawers.
    • Store high-end stereos, flat screen TVs, etc., until they are sold.
    • Remove all knife blocks and mail from their kitchen counters
    • Delete personal photos of your wives, teenage daughters or children.
    • Never agree to let in a stranger who knocks at the door.
    • Check doors and windows after each visit.

    September is Realtor Safety Month

    Consider making these recommendations your own personal standard. Ask your broker to include them in their broker security policy (they have one, don’t they?)

    Talk to your local realtor association about Des Moines area association initiatives and how you can implement them.

    (Disclosure – Peter Toner is the founder of the Verify Photo ID security app that verifies the photo identities of weird prospects and checks them against a national sex offender list).

    Delta Drone International (ASX:DLT) to sell ParaZero for $6 million in cash – Reuters

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    Delta Drone International Limited (the “Company”) (ASX: DLT) has entered into a binding agreement with a consortium of investors* led by NASDAQ-listed Medigus Ltd and facilitated by Israeli venture capital firm LIA Pure Capital Ltd (collectively the ” Buyers”) to sell
    ParaZero Technologies Ltd (“ParaZero”), which operates the Company’s drone security business, for a total consideration of A$6 million in cash.

    This transaction allows the company to focus on becoming one of the world’s leading drone service providers following its successful acquisition of the Delta Drone South Africa business in December 2020 and purchase of Arvista Pty Ltd. in Australia in September 2021. Post-sale, this will leave the company with a strengthened balance sheet and a significantly reduced cash requirement to fund the ongoing R&D investment that had been required by the ParaZero business, allowing the company to focus on aggressively growing its global drone services business.

    Key terms of the sale include:
    • Purchase price of A$6 million payable to the Company in cash, of which $5.1 million
    received on completion and $0.9 million to be released from escrow after 12 months
    (provided there is no warranty claim);
    • The Company retains the rights of use related to the use of the technology and
    products developed by ParaZero (see appendix for more information); and
    • The Company will retain additional equity on the upside in the transaction value of the issue
    of Warrants to invest again in ParaZero in the future under certain conditions

    As the Company has sought and obtained confirmation from the ASX that Listing Rules 11.1.2,
    11.1.3 and 11.2 do not apply to this transaction, there are no regulatory conditions that would prevent the completion of the transaction, which is expected to close in January 2022.

    Commenting on the sale, Delta Drone International CEO Christopher Clark said:
    “ParaZero and its dedicated team were the inspiration for the company’s listing on the ASX in 2018 and have been an important part of the company ever since. With the drone
    On the service side of our rapidly growing business, we believe now is the time to focus on the drone service sector while retaining the ability to use ParaZero products and services on a commercial basis. The exposure to ParaZero that we have retained through the transaction will also allow shareholders of the Company to benefit from the future success of the ParaZero technology.

    “For the Company, this sale allows us to invest in building our team and
    accelerate the growth of all our drone services businesses, with the vision to become one of the world’s leading drone service providers.

    “We would like to thank the entire ParaZero team for their efforts over the past few years as they realized their vision of developing cutting-edge technology for the safe use of drones in commercial applications.”

    The sale is not subject to any regulatory conditions and is expected to be finalized once the remaining conditions have been met, which are expected to be finalized in the coming weeks.

    The buyers have already paid their respective shares of the completion payment into an escrow account for greater certainty of financing pending completion.

    The proceeds from the sale will significantly strengthen the Company’s balance sheet with
    approximately $5.1 million in cash available at completion (less ParaZero’s net debt assumed by buyers and transaction costs, which together will amount to approximately $0.45 million) and 0, An additional $9 million which will be available 12 months after completion (subject to there being no future warranty claims). These funds will enable the Company to invest in building its team, particularly in its sales, marketing and service areas, so that it can offer its core drone services to more customers in the mining and agricultural industries, where it sees significant growth opportunities.

    Specifically, the funds received will be retained by the Company and used to meet both its existing financial obligations and to pursue investment opportunities in new drone-based software and geospatial data technologies that are most directly related to its ongoing service offerings within the Australian and African markets. The Company also intends to pursue other acquisition opportunities that will allow it to complement its current services with new technical capabilities or expand to new geographic locations.
    There will be no changes to the Board of Directors or senior management of the Company as a result of
    the transaction. The Company intends to provide an update of its aggregate capital and
    management planning in connection with the announcement of its fiscal year results in February 2022.

    This announcement has been cleared for publication by the Board of Directors Delta Drone International Limited.

    Massy floats on the Jamaican Stock Exchange

    0

    Business



    Massy Motors dealership on Richmond Street, Port of Spain. The Massy group announced Thursday its cross listing on the Jamaica Stock Exchange. – Photo by Marvin Hamilton

    Massy Holdings Ltd announced on Thursday that it had floated on the Jamaica Stock Exchange (JSE) and is now trading under the symbol Massy with an open list price of J$2,463.08.

    In a press release, he said the cross-listing represented a critical transaction and the decision at this time was a major step in building a more regional capital market.

    The initial announcement of its intention to list came in May 2021, and after the appointment of Barita Investments Ltd and First Citizens Brokerage & Advisory Services as advisers in August. Massy said the teams have given shareholders and potential investors in Jamaica an attractive opportunity to invest in one of the largest and most diverse companies in the region.

    In December, Massy also sought shareholder approval for a 20-for-one stock split to increase its issued share capital to 1.9 billion shares, which was intended “to support the success of the cross-listing and to ensure the continued accessibility of Action Massy to all individual shareholders,” said the group’s chairman, Robert Bermudez.

    The vice president of investment banking at Barita Investments, Terise Kettle, said the cross-listing gave Jamaican investors an opportunity to broaden their portfolio to both unrepresented and underrepresented sectors.

    “These industries are part of Massy’s key industrial portfolios which include gas products, engines and machinery and integrated distribution. Beyond sector diversification, Massy will enable JSE investors to diversify their geographic portfolios, as Massy operates in more than 15 countries in the Caribbean Basin, with the largest contributions coming from TT, Guyana, Barbados , the Eastern Caribbean, Colombia, Jamaica and the United States; offering investors an immediate foothold in these countries with the purchase of a single stock,” Kettle said.

    She added that with the current size of its balance sheet and a renewed focus on growth, Massy’s intention was to become one of the most global Caribbean companies and its JSE listing was a step in its strategic plan. longer term.

    “Essentially, after 99 years in business, Massy recently restructured its organization from a conglomerate to an investment holding company, giving greater autonomy to its portfolios while strengthening portfolio governance. The benefits have been impressive, the company’s balance sheet has strengthened significantly with additional cash that can be deployed in growth initiatives, its debt has been reduced and its profitability has increased commendably.

    Group Executive Director, Chairman and Chief Executive Gervase Warner said Massy had unlocked the sustainable growth formula and future plans included geographic expansion both in the region and globally, as well as new investments in existing countries where growth prospects were most attractive.

    “Future investments will be focused on our three main portfolios and the group is increasingly confident to start looking for global opportunities beyond the Caribbean Basin. Although we have a considerable cash reserve and significant borrowing capacity to fund our growth plans, the cross-listing on the JSE enhances our prospects of raising additional capital in the future to support our most ambitious growth aspirations. “, he explained.

    Warning issued to buyers after sale of fake Dyson Airwraps

    0

    The Office for Product Safety and Standards has issued an urgent warning about fake Dyson Airwraps.

    Counterfeit Airwraps have been sold on eBay under the guise of being a genuine product.

    The product listing said ‘Dyson Airwrap Complete Hair Styler Gift Edition Copper Gold £339’ and was sold by eBay seller nana_6036.

    READ MORE:Woman, 23, feared the club would empty out after her birthday dress disaster

    It was described as a navy blue and copper-gold cylindrical styler with a twisted, heated end for styling hair in the form of a Dyson Airwrap and supplied with accessories and a carrying case.

    However, the product has been identified as presenting a serious risk of electric shock.

    The internal wiring of the product is inadequate with insufficient creepage distances and clearance distances.

    If the wiring fails, the creepage distances and insufficient creepage distances may cause the product to become energized, which, if touched by a user, may result in an electric shock.

    Insufficient creepage and creepage distances also pose a fire hazard.

    The product therefore does not meet the requirements of the Electrical Equipment (Safety) Regulations 2016.

    The listing has been removed by eBay and owners have been advised to immediately stop using this product.

    The CTSI advised customers to contact the distributor they purchased from to request a refund.

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    Fondul Proprietatea celebrates 11 years of listing on the Bucharest Stock Exchange – The Diplomat Bucharest

    0

    Franklin Templeton, in its capacity as alternative investment fund manager and sole administrator of Fondul Proprietatea, celebrates the eleventh anniversary of the Fund’s listing on the Bucharest Stock Exchange on January 25, 2011.

    Ilinca von Derenthall, President of the Candidates Council, said: “Fondul Proprietatea has continuously supported the development of the Romanian capital market and the implementation of best corporate governance practices at portfolio company level. There is still a lot to do and the only way forward is to list new companies on the stock market. We strongly advocate for these IPOs and in Hidroelectrica and Salrom we have two leading companies ready to start the listing process. We intend to take advantage of the strong dynamics of the local capital market and work for the benefit of all stakeholders. With the listing of these two companies, Romania takes an important step towards its promotion to emerging market status by MSCI, which will allow new inflows of funds to the Bucharest Stock Exchange.

    On this occasion, Johan Meyer, CEO of Franklin Templeton Bucharest Branch and portfolio manager of Fondul Proprietatea said: “In the 11 years since listing, Fondul Proprietatea has made a significant contribution to the development of its portfolio companies by being closely involved in the implementation of corporate governance standards and advocating for greater transparency. The resulting improvement in financial performance has directly translated into value creation for investors in the Funds. We are ready to support the listing of public companies in the near future, as we believe this is a great opportunity to encourage more investment in Romania and create shareholder value. Companies such as Hidroelectrica and Salrom are well positioned to be major beneficiaries of their listing and will put Romania on the radar screen of investors around the world.

    Last year, Fondul Proprietatea received approval in principle from the Ministry of Economy to list its stake in Salrom on the Bucharest Stock Exchange, and this year the Fund is seeking the necessary approvals from the Ministry of Energy to the Hydroelectrica listing.

    The most significant achievements in the 11-year period since the Fund’s listing with BVB:

    • The share price reached an all-time high of RON 2.22 per share on January 17, 2022, more than double RON 1.00 per share, which was the nominal value of the share at the inception of the Fund, thus reinforcing the consistent performance over the past 11 years.
    • Since Franklin Templeton took over management of Fondul Proprietatea in September 2010, the Fund has made gross cash distributions of RON 7.2 billion ($2.1 billion) to shareholders and completed 12 buyback programs, worth more than RON 7.3 billion.
    • Fondul Proprietatea completed approximately half of the special transactions (such as IPOs, SPOs and ABOs) executed on BVB between 2012 and 2021. The most significant transactions concluded by the Fund include: Transgaz ABO (2013), Transelectrica ABO (2014), Conpet ABO (2014), Romgaz ABO (2014, 2015, 2016) and Petrom ABO (2013, 2016, 2017, 2020, 2022).
    • The volume of Fondul Proprietatea shares traded on BVB represents 33% of the total volume of shares traded on BVB between 2011 and 2021.
    • PF rated 1st place among the most traded issuers on the BVB during the 11-year period, with an average trading value of 9.9 million RON, and was the 5th largest Romanian company listed on the BVB, representing nearly 6 % of total market capitalization at the end of 2021.


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    1,834


    Corp Fin chief accountant addresses restatements | Cooley LLP

    0

    In November 2021, Audit Analytics published its 20 year review of restatements, showing that the number of “Big R” reissue restatements in 2020, the final year of the review, was at an all-time high. According to the report, there were “81% fewer retreatments in 2020 than the 2006 peak and 26% fewer than in 2019.” Notably, however, while in 2005 reissue restatements accounted for the majority of restatements, in 2020 reissue restatements only accounted for 24.3% of restatements; revision restatements represent 75.7% of all restatements. Yesterday at the annual meeting of the Securities Regulatory Institute at Northwestern Pritzker School of Law, Lindsay McCord, chief accountant of Corp Fin, raised a question: were companies properly “objective” when did they assess whether a restatement should be a “Big R” or a “small r” restatement?

    [Below based on my notes, so standard caveats apply.]

    At SRI, the accounting panel pointed out that the materiality test provided for in Basic vs. Levinson still applies in this context and that the analysis under SABS 99 must include both quantitative and qualitative factors. But McCord pointed out that while it is not inevitable, it is very difficult to conclude that an error is immaterial when it is quantitatively significant. In this context, the SEC often ended up disagreeing with management and demanding a “Big R” restatement. On the other hand, the errors could be quantitatively small but qualitatively significant.

    McCord also observed that in the context of the SPAC – where SEC staff had provided advice on warrants and equity classification that forced many companies to retreat – some companies attempted to use an argument of the “passage of time”, i.e. they argued that the errors in the financial statements were not really material because those old financial statements were not really important for the investors, who instead focused only on the latest financial statements. But, she says, investors aren’t just focused on current financial results; many also consider historical information. For example, an error pattern might lead to questions about reliability. Former Corp Fin chief accountant Mark Kronforst, back at EY, pointed out that you’re probably in the wrong place if your argument to the SEC is that financial statements aren’t important.

    [View source.]

    2022 Budget for Stock Markets and Mutual Fund Investors: LTCG Tax Relief Expected

    0

    EU Budget 2022 Expectations for Stock Markets and Mutual Fund Investors: Long-term capital gains tax relief for stock markets and mutual fund investors expected.

    EU Budget 2022 expectations for stock market and mutual fund investors: The upcoming 2022 budget is expected to offer various long-term capital gains tax relief to stock markets and mutual fund investors. Experts believe that eliminating the LTCG tax on the sale of shares listed in India would boost investment through the stock exchange.

    “The imposition of the Long Term Capital Gains Tax (LTCG) had shaken investor confidence. Long-term capital gains on the sale of listed shares in India should be exempted by the government. Alternatively, it could offer tax relief to investors who have held the assets for more than two years. Major economies do not have an LTCG tax. The government may consider removing this tax to stimulate investment through the stock exchange,” Tax2Win experts said in their budget forecasts for this year.

    Saurrav Sood, international tax expert at SW India, said the disparity between LTCG and annual income up to Rs 5 lakh should be removed.

    “For an individual, income is taxable at slab rates, which makes income up to Rs 2,50,000 tax exempt. Adding the standard deduction, marginal relief benefit and Section 80C benefit, there may be a situation where no tax is payable on income up to Rs 500,000 per annum. However, in the case of a long-term capital gain, this exemption cannot go up to Rs 100,000 only. This disparity should be addressed by raising the long-term capital tax exemption limit to a higher level,” Sood said.

    READ ALSO | Income tax slab, rate changes expected in budget: Will basic exemption limit of Rs 2.5 lakh increase?

    Sood added that the flat tax rate for an individual goes up to 30% at present. Such a high tax rate should be reduced and the government should instead find ways to increase the tax base by tightening the criminal provisions for non-filing of tax returns. The larger the base of taxfilers in India, the more this argues for a reduction in tax rates, as the loss of revenue due to the reduction in tax rates will be compensated by a larger base of taxpayers and wider.

    Simplify LTCG across all asset classes

    Experts from the Confederation of Indian Industry (CII) also recommended the government to “simplify the taxation of capital gains to ensure consistency of tax rates and holding period across different asset classes. “.

    Remove the concept of speculative income

    Experts are of the opinion that the 2022 budget helps to create momentum in the stock markets and that all possible avenues must be considered by the government to achieve this.

    “The government should remove the concept of speculative income and restrict the classification of income arising from financial market transactions to business income, long-term capital gains and short-term capital gains. We expect the government to consider a tax exemption of up to Rs 1,00,000 lakh on short-term capital gains tax as well as a tax exemption on dividends of up to Rs 50,000 for the elderly,” said Puneet Maheshwari, director of Upstox.

    Maheshwari further said that the government may consider relieving traders of securities transaction tax (STT). “By doing so, new investors would be encouraged to start trading. There needs to be more participation in indices or exchange-traded funds. equity, the government can encourage long-term savings in Nifty or Sensex Greater allocation of provident funds and public pension funds to stock markets could also help.

    Tax parity in ULIPs, MFs

    The Association of Mutual Funds in India (AMFI) has proposed “to bring parity in the tax treatment of capital gains on the withdrawal of investments in ULIPs from life insurance companies and the redemption of units of mutual funds, in order to establish fair conditions of competition between ULIPs and MF schemes.

    Justifying the proposal, AMFI said in its pre-budget suggestions that while ULIPs are considered insurance products for tax purposes, they are essentially investment products that invest in securities like mutual funds. placement but with insurance benefits.

    “SEBI, in its “Long-Term Policy for Mutual Funds”, published a few years ago, had emphasized that similar products should receive similar tax treatment, and the need to eliminate arbitrage which results in the launch of similar products under the supervision of different regulators.We have also highlighted the tax arbitrage between mutual fund regimes and ULIPs in the past and the need to establish parity between both,” AMFI said.

    “While the 2021 finance law has reduced this gap to some extent, it is requested to bring full parity, so that there are fair conditions of competition between players in the financial industry”, a- he added.

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    You can always find refuge in tech stocks: these 20 provide the safety net of very stable earnings

    0

    Even though it is a recurring pattern, the daily routine of a stock market correction can surprise investors after a bull market.

    This headline from The Wall Street Journal sums up the action so far in 2022, as investors flee some of the most speculative stocks: With rate hikes looming, investors dump stocks of companies that are losing money .

    The Journal’s analysts concluded that “stocks of unprofitable companies in the Nasdaq Composite Index slipped while their profitable counterparts traded nearly flat.”

    Below is a screen of technology companies in the S&P 500 SPX Index,
    -2.03%
    showing those who have had the highest average operating margins over the past five years. Such consistent profit generators could be seen as safer games when investors fear rising interest rates.

    During the early stages of the coronavirus pandemic, federal stimulus and other efforts to help businesses stay afloat, and the Federal Reserve’s simultaneous decision to lower interest rates and raise the money supply, led to a huge flow of liquidity from the debt markets to the United States. shares.

    And all that new money has fueled a frenzy of initial public offerings, including those bypassing the usual IPO process with quick offers through special purpose acquisition companies, or SPACs.

    These stocks are included in the Nasdaq Composite Index COMP,
    -2.93%,
    which, as of 10:10 a.m. ET on Jan. 25, was down 2.9%, down 17% from its intraday high on Nov. 22. The S&P 500 index fell 2.6% for the session, down 11% from its peak on Jan. 4 and the Dow Jones Industrial Average DJIA,
    -1.17%
    was down 2.1% for the day and down 9% from its high reached on January 5.

    Screen for Big Tech Profits

    The Nasdaq is heavily loaded with tech stocks, and many of these companies are trading at high earnings as they are in their early stages. Many others are not yet profitable.

    So the next screen starts with the 76 companies in the information technology sector of the S&P 500, then adds several technology players from the communication services sector, such as Netflix Inc. NFLX,
    -4.82%,
    Meta Platforms Inc. FB,
    -2.72%,
    Alphabet Inc. GOOGL,
    -3.04%
    and Activision Blizzard Inc. ATVI,
    -0.63%,
    which agreed to be acquired by Microsoft Corp. for $69 in cash, in a deal that is subject to antitrust review.

    From the consumer discretionary sector, Tesla Inc. TSLA,
    -2.35%
    and Amazon.com Inc. AMZN,
    -4.07%
    were also added to the list, bringing the initial selection to 85 companies.

    We looked at company operating margins for the last 20 reported quarters, using data provided by FactSet. A company’s operating margin is its profit per dollar of revenue after paying the cost of production, including labor and materials, but before interest, taxes, and certain one-time items that can distort the results.

    Here are the 20 companies from our initial selection of 85 S&P 500 technology companies that have had the highest average operating margins over the past 20 years. The list also includes the minimum and maximum margins over this five-year period:

    Society Teleprinter Average operating margin – 20 quarters Maximum operating margin Minimum operating margin

    Visa Inc. Class A

    V,
    -0.82%

    68.99%

    73.10%

    65.59%

    VeriSign Inc.

    VRSN,
    -3.58%

    67.57%

    70.38%

    63.84%

    Netflix Inc.

    NFLX,
    -4.82%

    60.83%

    65.82%

    54.97%

    Mastercard Inc. Class A

    MY,
    -2.49%

    58.35%

    62.70%

    51.85%

    Fleetcor Technologies Inc.

    FLT,
    -0.67%

    54.08%

    58.01%

    39.98%

    Micron Technology Inc.

    MU,
    -3.00%

    51.44%

    66.99%

    35.21%

    Meta Platforms Inc. Class A

    fb,
    -2.72%

    50.69%

    63.25%

    41.03%

    Texas Instruments Inc.

    TXN,
    -2.60%

    48.50%

    56.11%

    43.68%

    Broadcom Inc.

    AVGO,
    -1.46%

    46.47%

    55.73%

    40.40%

    Intel Corp.

    INTC,
    -2.25%

    44.49%

    51.69%

    38.29%

    Microsoft Corp.

    MSFT,
    -2.93%

    44.24%

    51.75%

    38.59%

    Oracle Corp.

    ORCL,
    -1.86%

    43.74%

    49.02%

    39.33%

    paychex inc.

    PAYX,
    -1.95%

    41.89%

    46.81%

    36.33%

    Analog Devices Inc.

    ADI,
    -3.52%

    41.13%

    46.31%

    27.66%

    Skyworks Solutions Inc.

    SWKS,
    -3.18%

    40.15%

    43.52%

    33.02%

    Jack Henry & Associates Inc.

    JKHY,
    -2.56%

    39.47%

    43.77%

    34.73%

    Activision Blizzard Inc.

    ATVI,
    -0.63%

    38.95%

    47.78%

    26.82%

    KLA Corp.

    KLAC,
    -5.14%

    38.81%

    43.36%

    31.72%

    Fidelity National Information Services Inc.

    SIF,
    -1.92%

    38.78%

    45.21%

    29.86%

    Microchip Technology Inc.

    MCHP

    38.10%

    42.67%

    31.88%

    Source: FactSet

    A screen on a data item can only be a starting point for further research. You can click on the tickers to learn more about each company. Click here for Tomi Kilgore’s in-depth guide to the wealth of information available for free on the MarketWatch quotes page.

    Don’t miss: Here are Wall Street’s favorite Nasdaq stocks as ‘signals around funds start to appear’

    Letter of Intent from NOVONIX Limited (ASX: NVX) for Supply Agreement and Investment in KORE Power

    0
    Letter of Intent for Supply Agreement and Investment in KORE Power

    Brisbane, 25 January 2022 AEST (ABN Newswire) – NOVONIX Limited (ASX: NVX) (EN:GC3) (OTCMKTS: NVNXF), an advanced battery technology and materials company, today announced that it has signed a letter of intent to enter into investment and supply agreements with KORE Power, Inc. (“KORE Power” ), part of an ongoing joint effort to strengthen the North American battery supply chain, from key materials to manufacturing cells and packs for electric vehicles and energy storage systems.

    Pending board approvals of both companies and execution of definitive documentation, NOVONIX will acquire an approximate 5% stake in KORE Power and become the exclusive supplier of graphite anode materials for the KORE Power’s large-scale battery cell manufacturing plant in the United States. intent is non-binding and subject to execution of definitive documents and other customary terms. If approved, these deals are expected to close in early 2022.

    NOVONIX and KORE Power began working together in 2019 when the parties entered into test agreements to focus on the validation and development of KORE Power’s battery cell technologies. Through this agreement, the parties continued to test existing and new materials and designs for use in future KORE Power products found in electric vehicles and energy storage systems. KORE Power has announced plans to build a 12 gigawatt-hour (GWh) facility in Buckeye, Arizona to meet local market needs for battery cells and systems, and this facility will require nearly 12,000 tons per year of graphite anode material when fully operational. .

    “NOVONIX and KORE Power have actively worked together to improve battery technology using NOVONIX’s proprietary cell testing technologies, and these agreements deepen our longstanding collaboration,” said Dr. Chris Burns, Co-Founder and CEO. by NOVONIX. “Through our partnership, we have shown that KORE Power’s cell performance is comparable to that of global Tier 1 cell suppliers, and we are excited to continue to strengthen this technology. We are reducing reliance on foreign materials and strengthen the United States’ position as a leading global storage supplier by supplying high-capacity, long-life synthetic graphite anode material to a leading domestic developer.”

    “This partnership represents a natural fit for two companies committed to building a North American battery industry and facilitating a sustainable future,” said Lindsay Gorrill, co-founder and CEO of KORE Power. “The growing US market is leading the global transition to grid-scale battery systems, and with the support of NOVONIX, we are motivated to work towards building a secure national supply chain for storage. Energy.

    Under the proposed securities purchase agreement, NOVONIX would agree to purchase 3,333,333 common shares of KORE Power (“Shares”) at an issue price of $7.50 per share. The aggregate offer price for the Shares will be paid in a combination of 50% cash and 50% ordinary shares of NOVONIX (“NOVONIX Shares”), at a valuation equal to 95% of the volume-weighted average price over 20 days of NOVONIX. Actions on the ASX ending three days before the closing date. Concurrent with the proposed investment, NOVONIX and KORE Power will enter into a supply agreement on mutually agreed terms. The cash component of the offer price will be funded from NOVONIX’s existing cash reserves. NOVONIX Shares which are issued as part of the purchase price of the Shares will be issued to KORE Power within the limits of NOVONIX’s existing placement capacity under the ASX Listing Rules.

    About KORE Power

    KORE Power, Inc., is the leading US developer of battery cell technology for the clean energy industry. With customers in the energy storage, e-mobility, utility, industrial and mission-critical markets, KORE Power provides the backbone of decarbonization across the globe. Powered by its battery management system, KORE Power designs and manufactures its own NMC and LFP cells, modules and VDA packs. With the construction and operation of its large-scale battery cell manufacturing plant in the United States, KORE is positioned to operate at a capacity of 12 GWh per year. The facility (the “KOREPlex”) will operate with net zero carbon emissions through strategic partnerships and solar and storage cogeneration.

    KORE Power’s differentiated approach provides customers with direct access, unparalleled service, superior technology and Tier 1 product availability. Focused on building sustainable communities, clean energy jobs and economic expansion green, KORE Power prides itself on offering a functional solution to real-world problems and meeting market demand to deliver a carbon-free future. The KOREPlex is expected to arrive in Buckeye, Arizona and be the anchor for sustainable Valley development by the end of 2023.

    About NOVONIX Limited

    Graphitecorp Ltd ASX GRANOVONIX Limited (ASX: NVX) (EN:GC3) (OTCMKTS: NVNXF) is an integrated developer and supplier of high-performance materials, equipment and services to the global lithium-ion battery industry with operations in the United States and Canada and sales in more than 14 country. NOVONIX’s mission is to support the global deployment of lithium-ion battery technologies for a cleaner energy future.

    Related companies

    NOVONIX Limited

    ABN Newswire
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    The situation worsens in the stock markets as fears over inflation trigger a sharp fall

    0

    It was a rough start to the year for equities, and it puts an abrupt end to a three-year rally in the markets.

    The Dow Jones Industrial Average fell more than 700 points on Monday, down more than 2%, and was heading for a seventh consecutive daily decline.

    It was even worse for the S&P 500 and the Nasdaq, which also fell on Monday and are now both down more than 10% each from their records – a fall known in the markets as “a correction”.

    Cryptocurrencies were not spared the rout, with Bitcoin down 5% to around $34,000.

    Concerns about rising tensions in Ukraine, where Russian troops are massed at the borders, contributed to the decline.

    But ultimately, fears are fueled by the recent surge in inflation to 40-year highs, which will force the Federal Reserve to raise interest rates in order to cool prices.

    Why the outlook is so uncertain

    How the Fed goes about it is tricky, though.

    Higher interest rates will drive up borrowing costs for consumers and businesses, and investors are trying to figure out how much that will affect businesses.

    Raising rates too much could slow the economy excessively. Yet raising them too little raises the opposite concern that they will not bring inflation down too much.

    For now, Wall Street expects the Fed to raise interest rates four times this year, potentially as early as March. At some point, the Fed is also expected to start selling assets — including bonds and mortgage-related securities — it bought during the pandemic to support markets and the economy.

    In a new research note, economists at Goldman Sachs said they expect the Fed to raise interest rates four times. But they added a caveat that the Fed could raise interest rates more aggressively if inflation remains high, a process known in markets as policy tightening.

    “We see a risk that the FOMC will want to take tightening action at every meeting until this situation changes,” Goldman said in a note, referring to the Federal Open Market Committee (FOMC), the group that takes the decisions on interest rates à la Nouris.

    Tech companies are being routed

    Interest rate uncertainty has hit technology companies particularly hard, including Meta, the parent company of Facebook, and Alphabet, owner of Google.

    Tech company stocks tend to do better in high-growth economies and less so when rates start to climb.

    Inflation is also eating away at future earnings, and investors are recalibrating their expectations after soaring tech stock prices over the past few years.

    Of course, it is difficult to predict the path of inflation, which means that the uncertainty in stock markets could continue for some time.

    Most analysts still expect stock markets to gain this year after rising in each of the previous three.

    But the gains might not be as big as in recent years. Stocks actually surged during the pandemic as consumers went on a shopping spree, while millions of amateur investors hit the markets for the first time.

    Much of what happens will depend on how inflation, the economy and corporate earnings progress.

    The Fed meets on Tuesday and Wednesday, and Fed policymakers are expected to share new details on their interest rate hike plans, although no significant action is expected.

    On Friday, the Commerce Department is expected to release several economic indicators, including consumer spending and inflation.

    Meanwhile, a slew of companies, including Microsoft and Apple, are set to release earnings for the last three months of 2021 this week, and investors will be eager to see how corporate earnings have held up during a period marked by inflation. high, supply chain and staffing issues. shortages.

    Michael Wilson, chief U.S. equity strategist and chief investment officer at Morgan Stanley, said he would pay close attention to how each company is performing and how executives are managing higher costs.

    Like tech companies, stocks that have been pushed higher by speculation could continue to fall, he said.

    “The scum is coming out of a stock market that has simply overextended on valuation,” Wilson wrote in a note to clients.

    Copyright 2022 NPR. To learn more, visit https://www.npr.org.

    Introducing Airbnb’s New Tech Hub in Atlanta

    0

    Key points to remember

    • From its West Midtown office space affiliated with the Georgia Institute of Technology, the Atlanta Tech Hub will create new highly skilled technical and non-technical roles, building on our commitment and investment in the city.

    Last year we announced plans to open a technical center in the city of Atlanta to house one of our product development teams, the regional base for new technical and non-technical roles over time. – and the first step in a broader commitment to a long-term presence in the region.

    “With the opening of our Atlanta Tech Hub, we hope to create many new, high-skilled jobs over time and expand our commitment to serving all stakeholders in Airbnb’s diverse community: hosts, guests, communities, employees and shareholders”, said Dave Stephenson, Airbnb’s chief financial officer. “Atlanta emerged as the perfect choice for our new Tech Hub because of its strong educational infrastructure and institutions committed to supporting communities of color.”

    Today we are proud to announce that we have chosen an initial location at the corner of 14th Street and Howell Mill Road in the heart of Atlanta’s West Midtown – with current plans to open the hub later this year, subject to pandemic conditions. The space is in the mixed-use Interlock complex and is managed by Georgia Advanced Technology Ventures (GATV), an affiliate of the Georgia Institute of Technology. GATV acquires and develops properties near campus that serve both the academic needs of Georgia Tech and those of technology companies interested in harnessing its research innovations and student talent. We were represented by T. Dallas Smith & Company, the largest African American-owned, pure tenant-owned commercial real estate brokerage firm.

    “Atlanta is and always will be open for business, innovation and attracting talent. This investment is a vote of confidence in the strength of our tech industry and existing Atlanta talent. We welcome the new tech hub of Airbnb and look forward to working together to create a pipeline of technical jobs and economic opportunity for our residents.Andre Dickens, Mayor of Atlanta and Georgia Tech alumnus.

    Committed to the next generation

    As part of our recruiting and hiring efforts, we are constantly innovating and creating new programs to provide local candidates of all backgrounds and experience levels with the opportunity to join the company. With the opening of the Atlanta Tech Hub, we will continue our work of developing community partnerships in the city to expand entrepreneurial opportunities and create pathways for Atlanta residents to pursue careers in technology. . This work builds on our existing partnerships with the NAACP, the Russell Center for Innovation and Entrepreneurship (RCIE), Tech Bridge, and others in the Atlanta community.

    Support the Atlanta Community

    Airbnb is a tool for economic empowerment, providing a pathway to entrepreneurship for Atlanta residents and helping local families pay their bills by sharing their homes. In the first three quarters of 2021, Airbnb brought more than 500,000 total guest arrivals to Atlanta and 1.7 million to Georgia. Since 2010, Airbnb hosts in Georgia have earned a total of $1.2 billion, and home sharing has served as a source of income for more than 40,000 hosts across the state. 56% of Atlanta Hosts identify as female and 35% are families.

    Most hosts on Airbnb are regular people who share the homes they live in, and the typical host earns $9,600 a year. According to a survey of our host community in the United States, 42% said the money they earn on Airbnb helps them stay in their homes. A quarter of Atlanta hosts said they or someone in their household took a pay cut or lost work hours in 2020 because of the pandemic; 18% said they lost their job or were made redundant themselves, or lived with someone who did.

    Airbnb guest spending also supports local businesses. Last year, a study by Oxford Economics found that in 2019, spending by Airbnb customers in Atlanta supported 3,400 jobs, including 1,200 in the restaurant industry. Nearly 40% said saving money on their accommodation by staying in an Airbnb listing allowed them to spend more on other goods or services in Atlanta.

    We are committed to being a long-term partner of the City of Atlanta and look forward to continuing our work with local leaders as they promote entrepreneurship and tourism recovery.

    About Airbnb

    Airbnb was born in 2007 when two Hosts hosted three guests in their San Francisco home, and has since grown to 4 million Hosts who have hosted over 1 billion guest arrivals in over 220 countries and regions . Traveling on Airbnb retains more of the financial benefits of tourism with the people and places that make it happen. Airbnb has generated billions of dollars in revenue for hosts, 90% of which are individuals listing the homes they live in. Of Hosts who self-identify, more than half are female, and one in five employed Hosts is either a teacher or healthcare worker. In 2019, Airbnb directly supported 300,000 jobs in just 30 destinations, an average of nine jobs per 1,000 guest arrivals. Travel on Airbnb has also generated more than $4 billion in tax revenue worldwide. Airbnb has helped advance more than 1,000 regulatory frameworks for short-term rentals, including in 80% of our top 200 geographies. In late 2020, to support our continued expansion and diversification, we launched the City Portal to provide governments with a one-stop-shop that supports data sharing and compliance with local registration rules. We continue to invest in innovations and tools to support our ongoing work with governments around the world to advance travel that best serves communities.

    Six signs your Facebook customer might be a scammer

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    According to a survey, one in six people have been scammed using Facebook Marketplace.

    According to personal finance experts, the most common downsides are falling into fake profiles and paying for goods that never arrived. think about the money.

    Facebook Marketplace is a sales platform that allows users of the social media platform to buy and sell items, usually to local people.

    Go here for the latest crime news and North East Police updates

    But scammers are increasingly using the site to target people posing as local sellers or buyers.

    One in six people surveyed by Thinkmoney admitted to being scammed on Marketplace and scammers use several techniques to separate them from their money, including fake profiles, dubious links that steal bank details and more.

    In response to this, Thinkmoney has compiled a list of tips for staying safe when using Facebook Marketplace.

    1) Treat new Facebook profiles with caution

    Take a look at a person’s profile before you buy anything from them or sell them anything.

    Newly created accounts can reveal that your customer or seller may not be all they say they are.

    Many sellers find that new buyers have accepted items but disappeared without paying and the same is true for those who purchased items but never received them.

    2) Do not part with your money until you receive your item

    Always try to exchange the money and the item at the same time (if buying locally), in public, and with a friend or family member if possible.

    If someone sends the item be sure to get proof of postage and a tracking number, although this does not guarantee the item will arrive as described so try to get photographic proof of the item. item sent.

    3) Think about how you pay

    PayPal can be safe for buyers as they will investigate any complaints on your behalf. They also provide security for sellers.

    But don’t be tempted to avoid the fee by paying through the “friends and family” method if you’re dealing with a stranger, as that doesn’t come with any protection. Use the “goods and services” option instead.

    And be very careful if your seller wants you to use this method.

    4) Insist on Tracking Mailed Items

    If you need to receive an item in the mail, insist on a shipping method that allows you to track postage.

    This way you can make sure they mailed the item to you, although as above this only proves that an item was sent, not necessarily the item you paid for.



    Nearly a quarter of Facebook Marketplace users fell for a scam, survey finds

    5) If the listing price changes, be careful

    If you’re looking to buy an item but the price goes up once you’re interested, walk away or at the very least question it.

    Many sellers use this tactic to lure you in and then try to get more money.

    6) Block and report any seller who harasses you for money

    If you showed interest in something on Facebook Marketplace and contacted the seller, but they’re harassing you now, block it and report it.

    You can report a seller by clicking on the item you are interested in and then clicking on their name.

    Once on their profile, click on the three dots on the page and choose “Report”.

    You must then block them so that they can no longer contact you.

    Jonny Sabinsky, Head of Communications at Thinkmoney, said: “It’s no surprise that more people than ever are being scammed via social media platforms, especially Facebook.

    “When it comes to spotting a scammer, here are some red flags to watch out for: a fake profile, a seller harassing you for payment, or a seller asking for a ‘friends and family’ payment. It’s important that you are always aware of who you are talking to and their intentions regarding you and your money.

    To receive daily crime news in your area straight to your inbox, go here to sign up for our free newsletter

    Why API3 could be a big winner in 2022

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    Fool.com contributors Chris MacDonald and Jon Quast explain why API3 (CRYPTO:API3) could be one of the top cryptocurrencies to watch this year. This conversation comes from January 12 edition of “The Crypto Show” on Backstage pass.

    Jon Quast: The first one here is the one you mentioned, API3.

    Chris McDonald: API3 is the one I started to dive into. I introduced it earlier in terms of allowing APIs that are essentially the building blocks of applications to be integrated into the blockchain from off-chain data sources.

    One that we’ve talked about on a few different shows is Chain link (CRYPTO:LINK). This is called the oracle network, which helps bridge the gap between off-chain data streams such as price streams. If you’re a decentralized exchange, it’s probably a good idea to have real-time price feeds from the outside world, feed, or exchange. Or whether it’s weather-related operations with real-time weather data. Whatever real-time data source is needed for a blockchain-based application, they need to use an oracle network right now to solve this problem.

    API3 is a smaller scale project. Its market cap is $140 million. It’s way down, 360th on the list right now. But this is one of the more speculative ones I’m looking at because API3 approaches the problem of off-chain data integration differently.

    They are looking to launch what are called decentralized APIs or dAPIs I guess. With these, essentially those that developers or vendors of proprietary APIs can directly and seamlessly integrate with the blockchain. Not only that, it would be blockchain independent. If you are doing a project that you would like to cover different blockchains, this might help solve this problem.

    Right now it’s in beta, so it’s early stages of development. It’s high risk, but the team behind seems to know what they’re doing. This is an intriguing use case and an intriguing potential market they could tap into. There are a lot of risks with that. This is one that is definitely like a much higher risk.

    But digging through the weeds and trying to find some interesting ones is one that really caught my attention in terms of what might be perhaps the riskiest and most profitable investment I would be interested in. This would probably be one of the ones that would pique my curiosity.

    This article represents the opinion of the author, who may disagree with the “official” recommendation position of a high-end consulting service Motley Fool. We are heterogeneous! Challenging an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and wealthier.

    ASPI calculation method to be reviewed

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    The Colombo Stock Exchange (CSE) plans to revise the calculation method of the All Share Price Index (ASPI) by changing the weighting method of the constituents from full market capitalization to float-adjusted market capitalization.

    This interview with CSE’s Head of Research and Strategy, Nishantha Hewavithana, provides key insights in that regard.

    Q: What is a stock index and its purpose?

    A: A stock index is a statistical measure that shows the changes that occur in