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ChipMOS REPORTS RECORD REVENUE IN JANUARY 2022

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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

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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

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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

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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

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!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

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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

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!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.

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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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In order to perform important actions to lead the companies on the path to success, it is important to obtain all the data related to the growth of the market and nothing better than to refer According to the report, the survey report on the pregnancy product market. It covers the current market scenario and forecast of the upcoming market scenario for the period 2022-2028. According to the report, the Pregnancy Products market survey report outlines how the trends will affect the overall development and growth of the company. It further makes available lucrative business opportunities to make the most of it. It further makes the key observation of the market framework within the economy. Market trade statistics, major players, their strategies adopted, market share, major vendors, trade statistics and trend analysis are some of the key factors provided in this report. According to the report, the Pregnancy Products Market survey report to help companies to make their business lucrative and get the best investment options.

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What does this report provide?

According to the report, this report provides a detailed understanding of the global pregnancy products market from a qualitative and quantitative perspective over the forecast period. The key market drivers, challenges and opportunities for the world According to the report, the pregnancy products market has been covered in the report. This report further includes the market shares of major companies operating in the global market along with their production capabilities and growth strategies adopted by them.

Investigate Before Buying https://www.esticastresearch.com/get-discount/?utm_source=According to Report, Pregnancy Products Market

Objectives of this report:

  • To estimate the market size for the According to the report, the Pregnancy Products Market on a regional and global basis.
  • To provide a competitive scenario for the Pregnancy Products Market according to the report, with major developments observed by major companies in the historical years.
  • To assess the key factors governing the dynamics of the Pregnancy Products market with their potential growth over the forecast period, according to the report.

Key question answered in the report:

  • What are the key growth drivers and market trends impacting the Global Pregnancy Products Market report?
  • What is the market size both in terms of value and volume for the global market? According to the report, the market for pregnancy products?
  • Who are the key market players and who are the new market players operating in the global market according to the report, Pregnancy Products Market with estimated market share?
  • What are the future investments and opportunities in the Global Pregnancy Products Market report?
  • Global Market Impact of COVID-19 According to Report, Pregnancy Products Market

Customization of market analysis:

  • By sub-segment
  • Upon specific customer request for additional customization, including application type, country and market analysis
  • by potential customer listing and price assessment
  • Type Specific Competitive Analysis

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The report includes the competitor landscape:

Key trends and growth projections by region and country
Top Winning Strategies Followed by Competitors
Who are the main competitors in this industry?
What will be the potential of this industry over the expected duration?
What are the factors driving the demand for the Pregnancy Products Market report?
What are the opportunities that will contribute to a significant proliferation of market growth?
What are the regional and country-level regulations that will hinder or drive the demand for According to the report, the Pregnancy Products market?
How has Covid-19 impacted market growth?
Has the supply chain disruption led to changes across the entire value chain?

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Esticast Research is a research company providing research reports on various industries with a unique combination of authenticity, thorough research and infallibility. We provide syndicated market research reports, customization services and consulting services to help businesses around the world achieve their goals and overcome complex challenges. We specialize in providing a 360 degree view of markets to help clients identify new opportunities and develop business strategies for the future with data and statistics on changing market dynamics. Esticast Research & Consulting has expert analysts and consultants who can work collaboratively with clients to meet their business needs and give them opportunities to thrive in a competitive world. Comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided covering hundreds of industry segments. Research reports offering market forecasts, market entry strategies, and customer insights will help customers around the world get the most out of their investment and realize their optimum potential.

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Alphabet, Payal and other growth stocks that can thrive in labor shortages

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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.

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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

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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.

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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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2/2

© 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.

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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

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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

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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

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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:

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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

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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

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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


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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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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

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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

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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

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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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Corp Fin chief accountant addresses restatements | Cooley LLP

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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

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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

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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

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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

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The situation worsens in the stock markets as fears over inflation trigger a sharp fall

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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

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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.

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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 the stock market. Therefore, an index reflects general market sentiment and the direction of stock market price movements. These indices can be calculated for the whole market (broad market index), a selected segment (sector indices) or based on any other theme (eg dividend index and ESG index). Indices are primarily useful in determining the performance of the market segment, understanding the general direction of the market.

Q: What are the different types of calculation methods?

A: There are different types of calculation methodologies based on different aspects. One of these aspects is the weighting of the constituents of the index.

Two main weighting schemes weight the constituents of the index by the total market capitalization of each constituent and weight the constituents of the index by the float-adjusted market capitalization of each constituent.

Q:What is free float-adjusted market capitalization?

A: This simply means that the total market capitalization is multiplied by the percentage of public ownership. Public participation is the part of the issued quantity of shares readily available to investors and expressed as a percentage. This is calculated by the companies and published in the interim financial statements.

The definition of public holding can be found in the “Content Definitions and Introduction” section under Entry Rules, accessible at cdn.cse.lk.

For example, in a given company, the percentage of public ownership is 19%, which means that only 19% of the amount of issued shares are readily available to go along with general investors.

The remaining 81% is held by strategic investors who cannot be expected to be traded in the general market. Thus, 19% of market capitalization (known as float-adjusted market capitalization) is ready to live together on a daily basis.

Q: What is the ASPI Method Review?

A: The ASPI was calculated on a full market capitalization basis, which means that the constituents of the index are weighted according to the full market capitalization of each security. Alternatively, it could be weighed on float-adjusted market cap.

The revision consists of changing the weighting scheme from full market capitalization to free float-adjusted market capitalization.

Since companies disclose their public holdings quarterly in their interim financial statements, the index weightings would be revised quarterly (known as index rebalancing).

Q: What is the cap and why at 5%?

A: Capping is the technique used in the calculation of the index to solve the problem of the overrepresentation of one of the few stocks in an index.

The index is capped at 5% to solve the problem of overrepresenting one of the few stocks in an index.

Once capped, the excess weight is allocated proportionally among the remaining stocks in the index. The same procedure is repeated until no security exceeds 5% of the ceiling rate.

We calculate the Float ASPI index and cap at different capitalization rates. On a return per unit of risk basis, the 5% cap level was the best.

Q: What prompted the CST to opt for this change?

A: Indices based on float-adjusted market capitalization are better able to generate realistic market returns than those based on total market capitalization because they are based on tradable quantities.

Since the introduction of this idea in the early 2000s, most markets have adopted it in their index calculation methodologies.

All index service providers such as S&P Dow Jones, FTSE use this method and are considered best practice in index calculation methodologies.

Q: What are the advantages and disadvantages of this move?

A: The main advantages of the revised index would be that it would generate more realistic returns and that the index methodology would be consistent with generally accepted best practices in index calculation. There are no downsides.

Q:Will the value of the ASPI index suddenly change due to the implementation of this change itself?

A: No. On the effective date of the methodology review, the ASPI will start moving from the same value it closed on the day immediately preceding the review.

When this methodology revision is implemented, the serial continuity of the index will be maintained and there will be no sudden change in the level of the index solely due to the launch of the new index.

1. How will this affect the ASTRI (All Share Total Return Index)?

The All Stock Total Return Index (ASTRI) measures total return (price return + dividend yield).

ASTRI reflects returns due to price changes and dividend income. Following the implementation of ASPI’s revised methodology, the price return component will be based on float-adjusted market capitalization. This means that the ASTRI is also calculated based on the float-adjusted market capitalization

Q:Is the new CSE indexing method publicly available?

A: Yes. It is available on the CSE website.

Warren Buffett closes in on Cathie Wood as tech stocks tumble

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Cathie Wood’s flagship Ark fund is set to be overtaken by Warren Buffett’s Berkshire Hathaway in the post-pandemic performance chart, reflecting a dramatic change in fortunes between the two top investors.

Ark Invest’s Innovation exchange-traded fund – known by its ticker symbol ARKK – crushed most of its competition in 2020, thanks to Wood’s aggressive bets on high-growth disruptive companies like automaker Tesla. It attracted billions of dollars from investors, taking Ark Invest’s overall assets to a peak of $61 billion early last year, and helped make Wood the face of the bull run.

However, many of Wood’s biggest bets began to falter last year and have fallen again this year in a violent pivot to cheaper stocks in often less glamorous, old-fashioned or otherwise disadvantaged sectors.

Meanwhile, shares of Berkshire Hathaway have continued to climb steadily, narrowing the performance gap between Buffett’s investment conglomerate and ETF Ark Innovation since the start of 2020 to just 8 percentage points.

The relative performance of the two fund managers has been particularly striking this month, with Berkshire’s stock up around 2% since early January, even as Ark’s largest ETF has fallen 24%. ARKK is now down 43% from the start of 2021 to Friday’s close, while Berkshire Hathaway is up 34%.

Wood’s Ark Invest ETF and Berkshire Hathaway are often seen as prime examples of two very different investment styles – growth and value respectively. The reversal in their stock price reflects a jarring rotation between the two tribes in recent years.

The start of 2022 has been particularly challenging for the often unprofitable tech growth stocks favored by Wood, and dynamic for the more stable stocks that characterize Buffett’s style of investing. The potency of this change has raised eyebrows in the markets and sparked speculation that a new market environment is looming.

“Does the violence of [the] rotation suggest that a regime shift is upon us and a sustained reversal in growth versus value performance is underway? The Wellington Management analyst team reflects in a recent note.

Growth investors seek companies that may not be profitable but are growing quickly, often in hot sectors like technology. Value investors are more price sensitive and often look for bargains in older or beaten sectors, such as energy and banking recently.

The improving outlook for economic growth and central banks’ shift to a more hawkish stance on inflation – led by the US Federal Reserve – were the main triggers for investors to spin from growth to value. Value stocks are typically found in sectors that benefit from stronger growth and higher interest rates, while the appeal of growth stocks wanes somewhat in such environments, analysts say.

Many fund managers polled by Bank of America expect this shift to continue, with 50% of those surveyed in January predicting value would continue to outpace growth — near a record high.

“With the Fed moving toward tightening, there is potential for rates to rise with some persistence,” Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, said in a note. “That would signal that the value-growth spin we’re seeing has legs in 2022.”

Doctor Strange 2 Merch May Tease the Arrival of the Multiversal Avengers

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A now-deleted product description for a Doctor Strange tie-up shirt in the Multiverse of Madness teases the arrival of a multiversal Avengers team.

WARNING: The following article contains potential spoilers for Doctor Strange in the Multiverse of Madnessin theaters May 6.

An official merchandise tied to director Sam Raimi’s upcoming Marvel Studios movie Doctor Strange in the Multiverse of Madness seems to suggest that a multiversal version of the avengers will factor into the story to some degree.

Recently an Amazon listing went live for the Marvel Doctor Strange Multiverse of Madness Avengers Logo Premium T-Shirt. There isn’t too much stuff on the shirt, just a silver and red Avengers logo. Although the design vaguely resembles strange doctor-esque, it’s honestly more reminiscent of the 2015 Marvel Cinematic Universe movie Avengers: Age of Ultron.


RELATED: Doctor Strange 2 Officially Ends Reshoots


What makes it interesting is the fact that initially the shirt was specifically marked as being a Doctor Strange in the Multiverse of Madness product. Additionally, the original product description read: “Discover Doctor Strange in an all-new mind-bending adventure with Marvel Studios.” Doctor Strange in the Multiverse of Madness. This Avengers t-shirt features the Avengers logo for Earth’s Mightiest Heroes Who Could Be From A Whole New Multiverse. Available in youth and adult sizes. Get it in a t-shirt, premium t-shirt, tank top, v-neck, long sleeve t-shirt, and sweatshirt.”



However, the list has since been updated. The t-shirt itself is now simply called “Marvel Avengers Silver and Red Logo Premium T-Shirt”, with the description updated to read “Avengers Assemble! This silver and red Avengers t-shirt features the Avengers’ A logo. ‘ worn by Earth’s Mightiest Heroes. . Available in youth and adult sizes. Get it in a t-shirt, premium t-shirt, tank top, v-neck, pullover t-shirt. long sleeves and a sweatshirt. That said, the listing URL still refers Doctor Strange in the Multiverse of Madness. It is not clear if the original version of the list was a real mistake, or if legitimate information on the strange doctor the sequel was released too soon.


RELATED: Doctor Strange’s Wong Is Positively Enchanted In The New Multiverse Of Madness Pic


After all, while some tie-in products have offered details of upcoming movies in advance, it’s not all on a t-shirt or in a toy set. It’s worth mentioning, though, that Marvel Studios’ Disney+ animated series What if…? recently introduced a multiversal “Avengers” team in the form of the Guardians of the Multiverse. This is particularly interesting, given how Multiverse of Madness‘ first trailer features the live-action debut of what appears to be Strange Supreme, Doctor Strange’s evil variant of What if…?. That being said, if Multiverse of Madness indeed features its own Avengers team, we don’t know if it will really be the Guardians of the Multiverse, or something else entirely.


Either way, it sure would be weird for a shirt with the Avengers logo to be branded as a strange doctor produced if Earth’s Mightiest Heroes disregarded the sequel in some way. There is an official Loki shirt with its own spin on the Avengers logo, but even Loki Season 1 featured Avengers cameos via recap images from Avengers: Endgame. Nonetheless, with the multiverse open and all bets off, it looks like Doctor Strange will have his hands full on his next solo outing.

RELATED: RUMOR: Doctor Strange 2 Features ‘Impressive’ Body Count

Doctor Strange in the Multiverse of Madness released in theaters on May 6.


Source: Amazon

marrow, maggot and husk of x men

Marvel’s Weirdest X-Men Superpowers Are Way Too Gross For The MCU


About the Author

Rakesh Jhunjhunwala exits this new Dolly Khanna portfolio stock in Q3

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Investor Ace Rakesh Jhunjhunwala posted profits in one of his portfolio stocks – Prakash Pipes. The news fell into the public domain after BSE shared Prakash Pipes’ shareholding pattern for the October to December 2021 quarter. Rakesh Jhunjhunwala’s name is missing from the list of individual shareholders who hold 1% or more shares of the company. However, there has been a surprise entry in the list and the new entrant is Chennai-based investor Dolly Khanna. Dolly Khanna bought a 1.35% stake in the company while Rakesh Jhunjhunwala sold his 1.31% stake in the company during Q3FY22.

Participation of Rakesh Jhunjhunwala in Prakash Pipes

According to Prakash Pipes shareholding scheme for the recently closed December 2021 quarter, the name of Rakesh Jhunjhunwala is missing from the list of individual shareholders, who hold 1% or more of Prakash Pipes shares. But, in the September 2021 quarter, Rakesh Jhunjhunwala owned 3,12,500 Prakash Pipes shares or 1.31% of the company’s share capital. This means that Big Bull posted profits in the business during the third quarter of the 2021-22 financial year. However, it is impossible to determine whether “Warren Buffett of India” recorded a 100% profit in the last quarter of the current financial year or whether it recorded a partial profit in the company during this quarter. Under the exchange’s filing rules, companies are not required to determine individual shareholders who hold less than 1% of the company’s total issued paid-in capital.

Shareholding of Dolly Khanna in Prakash Pipes

As Rakesh Jhunjhunwala’s name is missing from Prakash Pipes shareholding plan for Q3FY22, Dolly Khanna’s name is included in the list of individual shareholders. Khanna owns 324,000 Prakash Pipes shares, or 1.35% of the company’s total issued paid-in capital. Since then, Dolly Khanna’s name was absent from this list in the company’s shareholding plan for the September 2021 quarter; this means that an ace investor bought these shares during the October to December quarter of 2021.

Thus, in the third quarter of the 2021-22 financial year, Prakash Pipes lost an ace investor in the form of Rakesh Jhunjhunwala, but this loss was compensated by the entry of Dolly Khanna into its shareholding.

As a result, it can be confusing for those browsing the portfolio of ace investors to find value picks, as one investor exited that stock while another entered.

Resolve the confusion of these investors; Sumeet Bagadia, Executive Director of Choice Broking, said, “The stock looks bullish on the chart. Once can buy the counter at the current price for a short-term target of 180 to 190 hold stop loss at 150 levels each.”

Warning: The opinions and recommendations made above are those of individual analysts or brokerage firms, and not of Mint.

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Students save teacher’s life with CPR

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A Missoula Fire Department call for duty that took place in the early morning of Dec. 27 helped save the life of a Spokane Valley firefighter, using equipment and a new technique of mine crew CPR taught to the Missoula Firefighter/EMT by the Spokane Valley Fire Department in 2015.

Missoula Fire Department Captain Phillip Keating described what happened in the early morning of Dec. 27.

“We were dispatched around 1:15 a.m. to a CPR call for a man in cardiac arrest and his son was performing CPR,” Captain Keating said. “The Missoula Police Department arrived around the same time with two officers. They arrived at the same time as our Engine 131. The patient was found on the floor with his son doing chest compressions. Her son is a recently certified EMT and volunteer firefighter in the Spokane Valley.

Using CPR equipment from the Pit Crew and training received from the Spokane Valley Fire Department, Keating described what happened at the scene.

“We ended up electrocuting him several times,” he said. “He was in cardiac arrest when we arrived. We electrocuted him, picked him up and then transported him to the hospital where he remained for three days. He almost fully recovered; in fact, he’s starting cardiac rehab next week.

This is where the sweet irony of history comes in, said Captain Keating.

“The interesting part of the whole story is that about five years ago we sent our EMS coordinator to Spokane to learn this new type of CPR,” he said. “And so Mike Rossi, the man we were performing CPR on, is himself a firefighter for the Spokane Fire Department, and they were the ones who taught us a new method of CPR that ultimately saved one of theirs.”

Rossi told KGVO News that the Pit Crew CPR method is a lot like the pit crew at a NASCAR race, where each member has an assigned task during an emergency medical call, and the fire department of Missoula City adopted the method that helped save Rossi’s life. .

“We have seen our success rates with CPR increase significantly and thought this would be a great opportunity to reach out to the public and let them know that we offer CPR classes and that early and effective CPR is very important for survival,” Keating added. “The public can contact the Missoula Fire Department at 406-552-6210 and they can sign up for the list of CPR courses run by the Fire Department. of Missoula.”

Rossi said he is recovering at his home in Spokane and is grateful for the excellent training Missoula Fire has received from the Spokane Fire Department.

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Trading in Own Shares | Financial position

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Content of the article

These share purchases are part of the Company’s share repurchase agreement previously announced on December 2, 2021.

As part of this agreement, BNP Paribas Exane will make trading decisions relating to the Company’s securities independently of the Company for a period from December 2, 2021 to January 28, 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 (“Regulation of EU MAR Delegation”) and the EU MAR Delegated Regulation as “integrated” into UK law from the end of the Brexit transition period (on 23:00 on 31 December 2020) via the European Union (withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, renewed, su bstituted or superseded by relevant regulations (including the Market Abuse (Amendment) (Leaving EU) Regulations (SI 2019/310)), from time to time.

In accordance with EU MAR and UK MAR, a full breakdown of the individual transactions carried out by BNP Paribas Exane 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 4355

Royal Dutch Shell plc LEI number: 21380068P1DRHMJ8KU70

Classification: Acquisition or sale of own shares of the issuer

Attachment

ChrisCCH shares Street Fighter 5 tier list

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We’re on the verge of a major balancing update for Street Fighter 5, and before that, we’ll potentially be making some big changes to levels as players share their tier lists for the current version of the game.

UYU|ChrisCCH is the latest contender to put together a Street Fighter 5 tier list here in early 2022. Now that we’ve had the latest DLC character, Luke, in the game for a few months, here’s how player Sakura/Seth feels about the whole cast stacks up.

This tier list is divided into six categories ranging from S-rank to D-rank. There is also an A+ rank between S and A for those just outside the best of the best tier.

As with most of the tier lists we see here on our homepage, Chris has some of the usual suspects we’d expect for the top tier. Urien, Balrog, Cammy, and Rashid are all S-tier, and we even see newcomer Luke among those veterans, which isn’t too surprising.

Right now, many in the community seem to think Luke is strong here in Street Fighter 5 Season 5, with top 5 and top 10 finishes being quite common. What’s a bit more surprising, however, is seeing Dhalsim as the #1 character in Street Fighter 5.

The stretchy yoga master is prone to polarized opinions, as some definitely think he’s top notch. It takes incredible skill and dedication to properly play Dhalsim at the highest level, but when you meet a player who can do it effectively, the argument that this character is at the top starts to have more weight.

As for the worst in the game, there are a handful of interesting placements here. While Dan, Gill, and Blanka are generally considered pretty bad in this game, characters like Zangief, R. Mika, and Necalli are often found higher up on the tier list – just not at the top tier.

Check out ChrisCCH’s tier list below and let us know if you agree with it in the comments.

Image of ChrisCCH Street Fighter 5 tier list #1

Click on images for larger versions

Marnie Beauchamp: Reinvent the presentation of your ad

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Reinvention is about reimagining and redefining what you do on every level.

As an industry, we have been around for a very long time.

We have witnessed many technological developments and the emergence of artificial intelligence, which has contributed to functionality, efficiency and systematization.

But we must be careful not to forget the power of communication and connection.

Because people still want to deal with people.

So, the question you need to ask yourself, as an agent in an evolving world of digitalization, is how do you manage to stand out from the crowd and become an agent of attraction.

The key is to create a lasting connection through personal and human interaction with a focus on producing a customer-centric customer experience in every interaction.

You are the point of difference that customers are looking for, and how you communicate with them will ultimately determine whether or not they choose you.

The biggest opportunity for you to develop a link is in list submission.

Reinventing your delivery and changing the emphasis from “presenting” to “making a connection” lets your personality and gratitude shine through.

By asking questions, you bring your customer into the process and take care of it.

The objective is essentially to deliver information, added value and satisfy the expectations of your customers so that they speak for themselves rather than you telling them what to think or do.

The details then manifest as a better understanding and belief that you are on the same page, confirming that their needs have been met.

Simply put, it builds trust.

When you engage through a question-based approach and actively listen to their responses, you psychologically connect by aligning with their need to be heard and included.

Communication is 7% the words you speak, 38% the inflection and pitch of your voice, and 55% non-verbal, which includes listening, alertness, and interest. , maintaining eye contact, relaxation, and nodding approval and acceptance.

And smile, even while you talk!

To get your message across, you need to listen more than talk.

To better understand your customers, begin engagement before booking the assessment. Just ask a few simple questions.

  • How long have you owned your home?
  • Have you done any renovations or extensions since you owned it?
  • Are you looking to move or can I help you find your next home?
  • Have you had any other assessments in the past few months?
  • So that I can do the right research before I arrive, do you have any idea what price range your home might be in?

You will get so much background information from these questions!

Your follow-up digital pre-list should be short and informative, providing an agenda and a snapshot of you. When confirming the appointment, send a short video SMS, which is much more personal than an SMS or an e-mail.

Your meeting should start with a simple opening question such as:

  • What is the most important thing for you in choosing an agent?
  • What are you looking for?

This sets the tone for the rest of your presentation as you focus on their response throughout.

No two list layouts should be the same if you do it right.

Always start with a question and end with a confirmation.

For example:

The market

Ask, “Are you aware of what’s going on in the market right now, or is there something more you’d like to know?” »

Sales method

Ask: “Have you ever bought or sold at auction?”

Or try: “How did you buy this house?” Tell me about that experience, and would you be comfortable selling at auction this time around? »

End with “Perfect, so just confirm that you are comfortable going to market through auctions/sales”.

Marketing

Ask: “When looking for a property, where do you mainly look?”

Or try asking, “Are you looking further than the first page or two on sites like realestate.com.au?” »

Conclude by saying, “We will promote your property with a package that includes XYZ. Is there anything else we haven’t covered that you’d like to include? »

Pricing

First do your benchmarking with detailed information.

Then you can ask, “Based on this information, where do you see your house sitting?” You can follow this with a discussion.

Conclude by saying, “Okay, so we’re going to present your property to the market with a $XXX guide.”

About you

Ask a simple question to your suppliers: “Do you have any questions about me or my experience?” »

Conclusion

First, ask salespeople, “Have we covered everything you hoped to cover?”

And follow that with “If you decide to list your property, how soon would you like to be on the market?”

And finally, ask, “Would you trust me as your agent?” »

To make an unmistakable impression, speak clearly and succinctly and continually clarify and summarize as you go.

Forget scripts, forget booklets and forget statistics. Instead, discuss each category and let the conversation flow.

Agents spend hours generating leads but not improving conversion rates.

Regardless of new leads, an inability to convert them can do more harm to your personal brand than good.

What’s worse? Not seizing the opportunity or seizing the opportunity and losing it?

By improving your review to listing ratio, not only will you do less work with a better result, but you’ll receive more referrals, more repeat customers, and create a healthier, more active pipeline.

The ability to communicate effectively is essentially what will make or destroy an agent’s career.

Practice your pitch regularly, but not on customers.

Find team members, family, friends – anyone to role-play with you.

Ask for honest feedback and film yourself so you can review your body language, tone, verbal content, eye contact and engagement.

Always have a positive mindset and be yourself!

Honesty and transparency are imperative because people can see through fake dialogue.

If you are not humbly confident, why would they trust you?

If a customer likes you, they will trust you. If they trust you, they will believe in you. And if they believe in you, they will hire you.

National Grid: ‘National Grid’ or ‘the Company’) Board Appointment – Form 6-K

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National Grid plc (“National Grid” or “the Company”)

Board Appointment

National Grid is pleased to announce the appointment of Anne E. Robinson as Non-Executive Director of the Board of Directors with immediate effect. Anne also becomes a member of the safety and sustainability committee by appointment.

Anne is currently the Managing Director, General Counsel, Corporate Secretary and member of the Executive Committee of Vanguard, with responsibility for government relations, legal, compliance and global investment stewardship. Anne brings to the Board a wide and varied legal experience in the areas of financial services and consulting as well as experience working closely with boards and investors (on a wide range of ESG issues) . Through her government relations leadership, she also brings relevant experience working with governments and regulators on a wide range of policy developments.

Anne spent her early career in private law practice with Milbank, Tweed, Hadley & McCloy. Anne then held various legal positions of increasing responsibility at Deloitte Consulting LP, American Express and Citi. She earned a bachelor’s degree in political science with honors from Hampton University in 1991 and graduated from Columbia Law School in 1994.

Paula Rosput Reynolds, Chairman of National Grid, said: “I am delighted to welcome Anne to National Grid as part of our board refresh process. Her governance experience is unique and we look forward to the wisdom and challenge she will bring to the Board. room.”

In accordance with the listing rules, there are no other matters which would require disclosure under section 9.6.13R of the UK Financial Conduct Authority’s listing rules.

CONTACTS

Investors:

Nick Ashworth +44 (0) 7814 355590

Media

Molly Neal +44 (0) 7583 102727

Warning

National Grid plc published this content on January 19, 2022 and is solely responsible for the information contained therein. Distributed by public, unedited and unmodified, on January 19, 2022 6:04:05 PM UTC.

Cardiex Ltd offers to apply for a secondary listing on the US OTCQX market

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CardieX has begun the process of applying for a listing of its shares on the OTCQX.

CardieX Ltd (ASX:CDX) is offering a new initiative: to seek a secondary listing of its fully paid ordinary shares on the US OTCQX market.

The timing of the OTCQX secondary listing is expected to be once the OTCQX criteria are met, which is expected to occur within one month of the company’s next Extraordinary General Meeting (EGM).

CardieX has begun the process of applying for a listing of its shares on the OTCQX.

Meet the registration criteria

A successful application requires certain criteria to be met.

It is expected that this and other criteria will be met in the month following the company’s EGM to be held on February 16, 2022.

The main reasons for the planned OTCQX listing include:

➢ Provide direct access to US strategic and institutional investors to invest in the company through a known US stock market;

➢ Raise the profile of the company before the launch of several new FDA-approved products in the US market and worldwide;

➢ Increase the company’s revaluation potential in line with other comparable wearable technology and health companies in the United States such as WHOOP, Oura, Levels, Supersapiens and Fitbit (NYSE: FIT); and

➢ Provide greater visibility of its core technology and product ecosystem to strategic partners and investors globally.

Corporate communication plan

As part of the OTCQX listing, the company has appointed Integrous Communications, a U.S. investor relations and corporate communications firm, to work with management and the board on investor relations. American investors.

Integrous provided a detailed first-year corporate communications plan to increase the company’s visibility with US investors and guide management on other strategic and financial opportunities.

Proposed reverse stock split

CardieX’s EGM will allow shareholders to vote on a proposed 10-for-1 consolidation of its fully paid ordinary shares, performance rights and unlisted options.

The directors are of the opinion that beyond the logic detailed in the explanatory memorandum to the EGM, a consolidation will benefit shareholders by reducing the number of shares issued (from around 1.1 billion to around 10 million shares) and share price, more in line with the company’s peer group.

In addition, the consolidation will ensure that the company’s share price is suitable for listing on the OTCQX – which has a minimum share price of $0.25.

Subject to shareholder approval at the EGM, normal T+2 trading would begin on a consolidated basis on the ASX on March 1, 2022.

OTCQX

The OTCQX is the top tier of the three markets for over-the-counter (OTC) stock trading in the US market.

OTCQX is provided and operated by the OTC Markets Group.

Stocks traded on this platform must meet strict qualification and reporting criteria.

Trading lessons learned from Paytm’s post-listing stock market performance

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Since its IPO, One 97 Communications, or Paytm as it is better known, is down more than 50% from its issue price. Since this was India’s biggest initial public offering to date, many investors must have lost a lot of money.

This in an environment where even public sector stocks have risen. So what was wrong with Paytm? Investors all over the world place great importance on loss-making digital companies simply because they expect them to become monopolies or at least near-monopolies in the coming years. Like Zomato and Swiggy, they are expected to hold huge market shares in the food delivery industry.

Regarding Paytm, although it is present in several companies, 70% of its income comes from its digital payments activity. How are things looking on that front? Typically, when evaluating a digital company, investors look for “network effects” that could cause it to exercise some form of monopoly power. As Jonathan Knee writes in The illusion of the platform“Network effects have been touted as the primary source of competitive advantage in the digital age. This phenomenon makes a product inherently better with the addition of each new user.” For example, each new user of WhatsApp increases the value of this network by reinforcing the dynamic of “I am on WhatsApp” because everyone is on this platform .

In the case of Instagram, celebrities open accounts there because that’s where their fans are, while regular users do the same because that’s where the celebrities are.

In the case of Paytm, this would mean that merchants must accept payments through this platform because users like to pay that way and buyers must use Paytm to pay because merchants prefer it that way. However, this dynamic is unlikely to occur in our market simply because other major competitors like Google Pay and PhonePe have equally deep pockets. Furthermore, India’s Unified Payments Interface (UPI) has partly removed network effects in the digital payments industry from the equation.

Moreover, as Suresh Ganapathy and Param Subramanian of Macquarie Research point out in a recent research note:[Reserve Bank of India’s] proposed regulations on digital payments could cap wallet fees… Add to that, Paytm’s foray into insurance was recently rejected by the insurance regulator…. full commercial banking license.

Paytm has also been betting big on lending. Nevertheless, the average ticket size of its loans has decreased. As Macquarie analysts note: “Over the past 12 months, Paytm’s average ticket size for loans it has disbursed has steadily declined to less than 5,000 levels. This led them to conclude that the company mainly provides low-value loans to buy now and pay later. This limits the potential of the business to generate higher revenue.

This brings us to the much larger issue of all the so-called innovation that is happening in finance. There is no denying that genuine efforts are being made to speed up international payment systems or advance financial inclusion at a much faster rate. But the problem is that investors, markets and the media tend to get carried away with the buzzwords thrown at them. As Knee writes: “…’artificial intelligence’, ‘winner takes all’, ‘network effects’, ‘big data’ and other buzzwords are regularly invoked as a sort of of ‘trigger’ to inspire the belief that you clearly have a winner in your hands and no further scrutiny is needed.”

But there is a rather fundamental point that we seem to forget here. As John Kenneth Galbraith writes in A Short History of Financial Euphoria: “The world of finance continually hails the invention of the wheel, often in a slightly more volatile version. All financial innovation involves, in one form or another, the creation of debt.

This also applies to the latest round of financial innovations, where terms such as “buy now, pay later”, “peer-to-peer lending”, etc., have become buzzwords. It’s worth asking what kind of social need solves something like “buy now, pay later.” Also, unlike bank lending, in peer-to-peer lending the lending risk is borne by the individual using a platform to make such a loan.

In conclusion, financial innovations can ensure that our loan market expands. Consider the case of subprime mortgage loans granted in the United States and Europe due to the innovation of asset securitization. It expanded the market. But what she couldn’t guarantee was that those loans would be repaid. Therefore, success in finance depends not just on granting more loans, but on repaying those loans. This remains a major risk, which may impose limits on the growth of such platforms.

Also, keep in mind that the financial system is already a very competitive space, with commercial banks, non-banking financial corporations (NBFCs), small banks, cooperative banks, micro- finance and even individual lenders competing for business. Many of the positive reviews of new-age fintech companies don’t seem to take this competition into account. Not all of the competitors that exist will sit idly by on defense.

Vivek Kaul is the author of “Bad Money”.

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Man Falsely Listed His Apartment On Carousell And Raised S$17,250 From 8 Victims And Is Jailed

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SINGAPORE: Struggling to pay the bills, a Shopee delivery driver decided to trick interested tenants into listing his apartment for rent on Carousell.

Lee Chee Tiong, 41, collected more than S$17,000 in rent from eight victims who were urgently looking for accommodation, without renting his house to them at all.

Lee was sentenced to 10 months in prison on Tuesday (January 18) for his crimes. He pleaded guilty to three cheating offenses, with five other counts considered.

The court heard that Lee earned more than S$3,000 a month as a delivery driver and lived with his wife in an apartment in Bedok.

After facing financial troubles, he placed an ad on Carousell offering to rent his unit at Bedok North Avenue 2 for S$1,550 per month.

Several people responded to his ad. One, an Indian national living with his wife and daughter, asked to see the unit.

Lee let the family see his apartment, before having the victim sign a written rental agreement he had prepared.

The victim transferred S$3,000 to Lee on January 19 last year via PayNow for the security deposit and one month’s rent.

Lee said he would submit the details to the Housing Board for registration the next day and it would take three working days to process.

The victim repeatedly checked with Lee about the registration status, but Lee gave him an apology and demanded more rent in advance.

Eventually, the victim demanded the cancellation of the rental contract and the refund of his money. He later filed a police report as he found the case “strange”.

Lee then made a partial restitution of S$1,200 to this victim in December 2021 and January this year. However, he made no restitution to any of his other victims.

When Lee was questioned by police in February last year, he admitted he had never intended to rent out his flat.

He advertised it on Carousell only to raise funds for his own use, including paying off his debts to loan sharks. He said he Googled rental agreement templates and printed them out for his victims to sign.

ANXIETY AND INCONVENIENCE CAUSED TO VICTIMS: PROSECUTOR

The prosecutor called for 10 to 12 months in prison for Lee, saying he defrauded eight victims of a substantial sum of S$17,250.

“In doing so, he also caused considerable inconvenience and anxiety to them and their families, including young children,” she said.

Many victims visited the apartment with their family members and expected to move in at short notice. Some of the victims didn’t even realize they had been cheated on until police contacted them and were still waiting to move in, the prosecutor said.

Defense lawyer Riko Isaac Chua has asked for no more than 10 months in prison, saying his client finds it “very difficult” to support his family as the sole breadwinner.

Lee borrowed from approved and unapproved lenders and tried to think of ways to repay his creditors, Chua said.

“He tried to rent out his house but (…) due to the huge response he was getting regarding rental inquiries, he then realized that he could trick money seekers by using this method,” the attorney said.

“Obviously he did it out of financial desperation with a sense of having to find ways to support his family.”

The judge said there was a clear public interest in deterring such rental scams, noting that Lee even went so far as to prepare rental contracts to deceive his victims.

He allowed Lee to defer his sentence to February 8.

LIC listing: part of all-out campaign to prepare for India’s biggest IPO

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In the sleek skyscrapers of Mumbai, busy bankers race against time to appraise a company that hasn’t been valued for decades. Bureaucrats are burning midnight oil in New Delhi, working through blackouts to stage an initial public offering to rival any offering in Asia this year. And across the hinterland, front-page newspaper advertisements are alerting more than 250 million policyholders to the possibility of owning part of a company almost as old as post-independence India.

For nearly two years, India has prepared for a gargantuan task: preparing the country’s top insurer – with nearly $500 billion in assets and an estimated valuation of $203 billion – for what could become its largest stock market listing. Some bankers have described Life Insurance Corp’s public offering. of India, or LIC, like the Indian Aramco Moment. As with the $29.4 billion listing of the Gulf oil giant, the world’s largest, LIC’s debut will test the depth of the country’s capital markets and the global appetite for its gem of the state-owned crown.

Success is far from assured. With about two months to go until the targeted launch, the consultants sifted through tons of policy documents to find the intrinsic value of LIC – a key valuation metric. Bankers say global investors are worried about the autonomy of an institution routinely brought into service to rescue faltering banks and troubled state assets. Local investors are skeptical of the 65-year-old company’s ability to compete with newcomers.

A knock-out listing could allow LIC to raise up to $10 billion through the IPO with a minimum dilution of 5%. This would make it the third largest in the world involving an insurer. More importantly, it would bolster Prime Minister Narendra Modi’s reputation as a market-oriented reformer ahead of key parliamentary elections and help close a gaping budget gap.

“If the listing takes place, it could change the overall image of India,” said James Beeland Rogers, who has been investing in emerging markets for a few decades and is the chairman of Beeland Interests Inc. and Rogers Holdings.

measure a giant

LIC is a household name in India. With 2,000 branches, over 100,000 employees and 286 million policies, the Mumbai-headquartered company covers virtually every corner of the country. The sheer size of LIC lays bare the challenges of enumerating what is effectively a black box.

The insurer only publishes its balance sheet once a year, which means there are no publicly available figures to discern its intrinsic value, which combines the present value of future profits with the net value of assets. . Milliman and Ernst & Young executives overseeing the valuation must sift through stacks of policies to account for parameters as varied as mortalities, morbidities, lapses and surrenders.

Peer comparisons are tricky. LIC, which was founded in 1956, follows the rules set by a single parliamentary act rather than the law that governs other insurance companies in the country. As of March 2020, LIC’s real estate was internally valued at approximately $5.8 billion, according to someone knowledgeable, although it’s unclear if all of this has been adjusted to current market rates.

LIC plans to file the draft IPO prospectus in the last week of January, which will provide intrinsic value as well as the number of shares to sell, according to people familiar with the matter.

“The required internal assessment, which must be done almost every year by a company of this size, has not been done,” Nirmala Sitharaman, India’s finance minister, said in an October interview with Bloomberg. “The essentials of keeping ratings correct and correct – and the efforts to keep them properly rated – are all underway now.”

Sitharaman has set a March deadline for registration. If investors agree with the $203 billion valuation sought by the government, LIC would be in competition with India’s largest companies – Reliance Industries Ltd. and Tata Consultancy Services Ltd. The IPO would represent the bulk of a $23.5 billion asset sale target needed to plug India’s growing budget deficit, which is expected to be 6.8% this year.

LIC declined to comment.

Investors want answers

Another challenge is to convince foreign investors that LIC will bring them.

Ten bankers managing the listing have spoken with nearly every major fund that may be interested in buying shares, including GIC Re, Canada Pension Plan Investment Board, Blackrock Inc. and Abu Dhabi Investment Authority, according to people familiar with the matter.

Many globe-trotting Mumbai investors wanted to know if LIC would have more autonomy from the Indian government after listing. They were initially skeptical, the people said, noting that the company bears the marks of a slow arm of the establishment.

With the arrangers each receiving at least 10 million rupees ($135,000) in fees, the actual revenue from the LIC transaction would be miniscule if you took away the prestige of delivering what would be the biggest sale of shares in the already scorching market of India, some people said.

GIC and Blackrock did not respond to requests for comment. CPPIB and the Abu Dhabi Investment Authority declined to comment.


graphic

But for deep-pocketed investors who don’t have many places to park their money after China’s tech restrictions last year, LIC could still be a good bet. The company has one of the highest assets under management by any insurer in the world, holding two-thirds of the insurance market share in India.

LIC also has a sovereign guarantee on all payment obligations, which means it can operate with a thinner capital base than its competitors. With a valuation potentially four times that of AIG, the company could attract investors looking for yield and security.

“Life Insurance Corporation’s IPO is a great development not only for Indian capital markets, but also for India’s economic growth,” said Mark Mobius, veteran emerging markets investor and founder of Mobius Capital. Partners LLC.

He said the listing of massive state-owned companies like LIC results in “broader market capitalization of the Indian market generally with greater liquidity, making it attractive to large investors like pension funds and non-financial endowments. only in India but abroad”.

Mark Mobius, co-founder of Mobius Capital Partners, poses for a photo following a Bloomberg Television interview in London, UK, Wednesday, May 15, 2019. (Photo: Bloomberg)

Mark Mobius, co-founder of Mobius Capital Partners, poses for a photo following a Bloomberg Television interview in London, UK, Wednesday, May 15, 2019. (Photo: Bloomberg)

India had a bumper year for IPOs last year and a strong start for LIC would only build on that momentum. Listings raised around $18 billion in 2021, even with mixed results from some of the highest-profile entries, which included Paytm, a digital payment service, and Zomato, a food delivery startup.

An All India Uprising

As the deadline approaches, India’s labyrinthine bureaucracy has become a pressure cooker.

Divestment Department officials work sleepless nights, check hundreds of documents and open their doors to let in the dim winter sunlight when New Delhi’s power grid fails. Bankers work through vacation trips to the Himalayas and the Maldives. LIC leaders said they were missing birthdays, giving up weekends and working on illnesses.

Rural Indians rush to ensure their eligibility for a slice of the pie. LIC began texting its agents and publishing newspaper ads with the headline, “It’s better in life to be prepared.”

Raj Kumar Shukla, a marketing manager who lives in Kiraoli, a village in northern India, said a friend alerted him to the IPO, prompting him to download an app to track stock market indices. He saved 50,000 rupees (about $670) and opened a demat account so he could invest in LIC.

“The government will benefit from this list,” he said. “They can use the money for the development of the nation.”

Modi’s critics framed the divestment campaign differently. Anshul Avijit, national spokesperson for the Indian National Congress, the largest opposition party, said in an interview that the IPO was tantamount to “handing over our critical resources, slowly and gradually, to a select few private hands. “. He called the measure “anti-poor”.

But unlike Aramco’s IPO in 2019, when Saudi Arabia relied on wealthy citizens to buy shares after global funds balked at the kingdom’s high initial valuation, the government of Modi pushed for a different approach: offering up to 10% of LIC’s IPO shares to distributed policyholders. Across the country.

Giving ordinary Indians a share of the LIC could offer political ammunition ahead of regional elections starting next month. Many policyholders are scattered across northern India, where the ruling Bharatiya Janata party hopes to retain power.

“The prime minister has always said ‘government has nothing to do with business’,” said BJP national spokesperson Gopal Krishna Agarwal. “As a party, as an ideology, we believe in the free market economy.”

Whether all the pieces fit together is anybody’s guess. But the potential rewards are plentiful: Almost half of the IPO could come from individual investors, including teachers, small-business owners and parents saving for their children’s college funds.

A local brand that has long been recognized in every pocket of India, from mountainous Kashmir to the villages of the Andaman Islands, could soon have weight around the world.

“I tell all my clients to invest in it,” said Bhagvati Prasad Sharma, one of LIC’s 1.3 million agents.

Subway Brands Stock Price: Subway Brands See Significant Growth in Higher Priced Products: CEO

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“We are seeing traction in the four tier cities where we operate as number one. We are seeing traction in the growth of our four concepts, namely Metro, Mochi, Walkway and Crocs, and we are seeing continued double-digit growth in our e-com business,” says Nissan-Joseph, CEO, Metro brands.

Strong pent-up demand emerged in the third quarter. Is this a one-time event or is this the trajectory you expect for the future as well?
This is our first results release after listing and the numbers were quite sensational. We increased our revenues by 59%. We increased EBITDA by 69%. What also pleases us is that we are seeing traction in the four tier cities where we operate as number one. We are seeing traction in the growth of our four concepts, namely Metro, Mochi, Walkway and Crocs, and we are seeing continued double-digit growth in our e-com business.

So to answer your question in a nutshell, we see growth coming from all markets, all levels, all channels, or all shoe categories. Yes, there is pent-up demand, mostly related to wedding season, but we’re also seeing consistent high growth in our occasional business, which isn’t necessarily pent-up demand that’s been going on for a while. We’re also surprisingly seeing that paperwork is in demand, indicating that there’s a bit of desk movement coming back.

The trajectory we’ve been on over the past 10 years has been 16% growth in our sales base and 18% growth in our earnings base. There are other issues like Omicron and we have exercised strong discipline and financial austerity in those times. We are confident that we should be able to continue to maintain the performance we have maintained over the past 10 years.

I’m just wondering if it was this discipline that led to the expansion of margins to 35%? Is it that or were you able to raise prices in some or all areas?
It’s not so much the price hike as the preference for our most expensive products. We have seen significant growth in the over Rs 3,000 category. We are also fortunate to not have a lot of business under Rs 1,000 which will be affected by GST. What we’re seeing on the fringes is just continued discipline and our own house brands continuing to grow. They increased by 300 basis points as a share of activity, from 70% to 73% in the last quarter.

There has been inflation in raw material prices and many manufacturers are facing this across the country. What has been the impact on your business, on your revenue and what is your ability to pass this on to consumers?
We maintain close relationships with our supplier base. Some of them go back three generations; so it’s number one. We are working closely with them to monitor the situation and provide them with enough data so that they can make forward-looking assumptions and start making raw material purchases and production schedules accordingly.

That said, our inventory is now stocked as we anticipated some of these supply chain disruptions and protected against them by ensuring both we had the inventory and were also able to purchase it from a time when commodity prices weren’t going through the roof. At some point, there will be a translation of this into the consumer price, but at the same time, we would not be the only ones doing this. We will probably be a little slow in increasing prices simply because we have been buying futures on both the commodity side and the inventory side. So we see that headwind coming. We are well planned for this. We also have deep supply chain capabilities that we rely on.

When do you see it starting – maybe a few more quarters? I’m trying to understand the product line you were referring to as the higher end products got a bigger share. Is this likely to continue in the short or medium term as well?
I think it’s because of our product offering in this segment. Metro believes in delivering affordable and aspirational yet high-end products, so we want to make sure we hit all three of these – it’s premium, it’s affordable, and it’s aspirational. If you look at the growth of our business, you can see that we are focused on products that bring that value to customers. It will likely lean toward the higher end of the price range.

In terms of the amount of inventory you had, when do you expect to go for price increases?
At present, we had to take a small price hike for GST adjustments for shoes under Rs 1000 and it is very small, less than 13% of our business. Of course, we keep watching it constantly to make sure we don’t miss anything. We are not seeing a general rise in prices over the next few months unless things get worse.

You had a significant addition to physical stores. What is the trajectory for the current quarter and for the current year? Where do you also see the share of online sales?
We opened 31 net stores in the fourth quarter out of a total of 65 stores that we opened this year in the first three quarters. We see this trajectory continuing to grow and that is our intention. We see many opportunities to grow our channels across the different levels and we also continue to view e-commerce as a complementary channel rather than a cannibalistic part of the business. This is not a discount for us. More than 25% of our sales come from omnichannel sales. Due to intense investment and allocation of resources towards the e-commerce channel, it has grown from less than 1% before Covid to double digits now and it continues to grow.

CEO: Massy will cross-list the shares on January 27 | Local company

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MASSY Holdings CEO Gervase Warner confirmed yesterday that the group is expected to list its shares on the Jamaica Stock Exchange (JSE) on January 27, 2022.

Massy posted an abbreviated statement on the JSE’s website last Friday “in accordance with the listing requirements of the Jamaica Stock Exchange.”

In the abbreviated statement, Massy describes itself as an investment management/holding company engaged in three main industry portfolios; integrated retail trade, engines and machinery and gas products in Trinidad and Tobago and the wider Caribbean region.

The declaration also presented the surnames, first names, descriptions and main professions of the directors of Massy as well as their holdings in the applicant company.

The document also provides potential Jamaican investors with Massy’s latest audited balance sheet, which indicates that the group had total assets of $13.53 billion ($2 billion) and shareholders’ equity of $6.83 billion. ($1.01 billion).

And the abbreviated statement refers to Barita Investments Ltd as Massy’s sponsoring member of the JSE.

Barita Investments Ltd is the Jamaican listed brokerage and investment company that has developed close ties with majority company First Citizens since the APO (supplemental public offering) of shares in the Jamaican company in September 2020. Subsidiary at 100% of First Citizens, First Citizens Investment Services, is now the second largest shareholder of Barita Investments. First Citizens also loaned Barita’s parent company, Cornerstone Financial Holdings Ltd, US$25 million in September 2020.

RBC Royal Bank is listed as Massy’s bankers and PWC as its auditors.

Massy will list on the JSE the 98,969,227 shares that make up its issued share capital. The company has a market capitalization of $10.49 billion ($1.55 billion) based on a stock price of $106.02 last Friday.

Massy’s largest shareholder is T&T’s social security provider Caisse Nationale d’Assurance, which owns 19,901,051 shares in the group, or exactly 20% of the company.

Among Massy’s top ten shareholders are Republic Bank Ltd, Unit Trust Corporation, Kiss Baking Company, Guardian Life of the Caribbean and the National Insurance Board of Barbados, according to the company’s 2021 annual report.

Massy chairman Robert Bermudez, who is the chancellor of the University of the West Indies, has a 3.15% stake in the group through associated shares. He holds 14,820 shares in his own name.

In an interview published in the December 22, 2021 edition of Express Business magazine, Warner said publicly listed company Massy Holdings Ltd had developed a fully diversified investment portfolio, which then totaled approximately US$90 million.

Interviewed on Dec. 17, 2021, the day Massy’s 2021 earnings were released, Warner agreed that the investment portfolio was a war chest that could be deployed for future M&A activity.

He said that when the sale of Barbados-based Massy United Insurance to Bermuda’s Coralisle Group is completed, proceeds from that sale of $90.5 million are expected to be added to the portfolio, bringing it to $180 million. .

Warner has also agreed that Massy’s US dollar investment portfolio can be leveraged (borrowed against) if the group is positioned to acquire a significant asset.

The portfolio is overseen by Massy’s chief financial officer, Ian Chinapoo, and group treasurer, Duane Hinkson, and is managed by Rachel Belgrave. Warner himself is part of the ALCO (asset-liability) committee which is responsible for overseeing the portfolio.

Life Clips (OTCMKTS:LCLP) Stock Resumes Another Round of Rally: Here’s Why

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Shares of Life Clips (OTCMKTS:LCLP) closed sharply higher in the previous session after the recent consolidation.

Commercial data

On Friday, LCLP stock jumped 42.76% to $0.0217 with more than 88.82 million shares traded, compared to its average volume of 26.24 shares. The stock moved in a range from $0.0152 to $0.0233 after opening trading at $0.0170.

Belfrics, subsidiary of Life Clips, lists Belrium on VinDAX Exchange

Belfrics Global and Cognitive Apps Software Solutions parent company, Life Clips (OTCMKTS: LCLP) announced on January 14, 2022 that BelfricsBelrium had launched on VinDAX Exchange, which would be paired with USDT.

The exchange is a crypto asset exchange, which is placed in Vietnam, which is live and available to users worldwide for cryptocurrency trading since March 2019. Focus on providing exchange services for digital cryptocurrency transactions having a good level of security, brilliant efficiency and large trading fees.

The exchange serves over 1.5 million users from all regions and countries, but is not available in Canada and the United States. The VinDAX mobile crypto trading app is also available on Android and IOS (Apple), as well as MacOS and Windows devices.

Nomics estimates trading volumes over the past 2 years to be US$66.69 million. The exchange has 180 markets, with popular markets being BTC/USDT, GCZ/BTC, and XRP/USDT.

Listing on the exchange will increase the adoption of BelfricsBelrium in the Asian market, thereby increasing brand recognition in the region. The exchange has a large daily trading volume which should facilitate continued investment and interest in BelfricsBelrium. A higher trading volume from listing will contribute to stable price floors and stable long-term growth.

Belfrics Global is a Malaysia-based blockchain provider as well as a cryptocurrency exchange.

technical data

LCLP stock is above the 20-day and 50-day moving averages of $0.0172 and $0.0197 respectively. However, the stock is trading above the 200-day moving average of $0.0185.

Marvel’s Official Site Could Confirm Four Disney+ Shows In Summer 2022

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This summer could be pretty busy for fans of the Marvel Cinematic Universe. A new announcement discovered on the official website of Marvel Studios Japan suggests that at least three shows could come out between Doctor Strange in the Multiverse of Madness on May 4 (when it opens in Japan), and Thor: Love and Thunder, which currently has a July release date. She-Hulk, I’m Groot, and What if…? Season two are all listed between the aforementioned blockbusters.

Imam Vellani with Ms. Marvel is then listed after Thor: Love and Thunder, but still holds a “Summer 2022” release time window, suggesting the series could release during the sweltering summer days around August or September. Secret Invasion is then listed before Black Panther: Wakanda Forever, which is due to hit theaters in November.

(Picture: Marvel Studios)

If the list turns out to be accurate, this would be the first official confirmation. What if…? season 2 is coming this year. Executives had only previously suggested that they wanted to release seasons every year, though uncertainty and extended production deadlines in animation may complicate matters.

“I mean, you’re completely free of any kind of rules, which is both the most exciting and the most disheartening thing about it, because then you have to make your own rules,” the director of Marvel Studios animation Brad Winderbaum at ComicBook. com. “But I mean, it’s really, in many ways, the purest interpretation of the imagination of the people behind it. There’s an element of chaos in all things. There’s an element of chaos in the animation. Definitely a major factor in live-action. Moviemaking is chaos. And how things don’t go to plan and how you end up with a completely different set of tools than you think you have. In an animation, start working with this infinite canvas where anything you desire can be achieved. And if you can design it, you can do it. If you can dream it, you can do it.

Doctor Strange in the Multiverse of Madness hits theaters on May 6. What other characters do you think will end up appearing in the next feature film? Let us know your thoughts in the comments section or by hit up our writer @AdamBarnhardt on Twitter to discuss all things mcu!

Do you want to sell old technological equipment? Here’s how and where to unload it

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If you unboxed a brand new iPhone or Fitbit over the holidays, what are you going to do with your old device?

Or maybe you treated yourself to a shiny new DSLR or mirrorless camera on Black Friday and so you no longer need to hold your Canon Rebel T5i from 2013.

Naturally, many are turning to apps and the web to sell used or unwanted technology.

After all, not only will you be helping to declutter your home by getting rid of gadgets you no longer need, but chances are you can use that extra money to pay those big credit card bills you’ll have to pay. maybe deal with later. in January.

You have several ways to offload your business: online classifieds sites (like Craigslist, Facebook Marketplace), peer-to-peer marketplaces (like eBay) and an increasingly popular option is to sell to a platform. form that gives you money to take the technology out of your hands and they can resell it to someone looking for a deal. Examples include Decluttr and Gazelle for cellphones and MacBooks and MPB for camera equipment.

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“Frankly, a lot of people are surprised at the value they can get from their used technology, especially photo and video equipment,” says Tammy Oler, brand marketing manager for MPB in North America.

“There’s often a sort of ‘Antiques Roadshow’ type reaction, where people pick up their quote and they’re like, ‘Oh wow, I didn’t know it would be worth that much,'” Oler adds. “You’re also helping to put this in the hands of someone who might appreciate spending less on your used equipment, which we inspect and guarantee first.”

What follows is a more in-depth look at each of the three main ways to sell your technology online, with tips for maximizing your experience on each:

Online classifieds

It’s nothing new, but many are turning to online classifieds sites and apps to find a buyer for their unwanted tech.

With platforms like Craigslist and Facebook Marketplace and Kijiji (popular in Canada), you can post your ad for free and hope to find a buyer in your area.

You will usually meet in person for the transaction, so be careful when doing so; only meet in public places, during the day and maybe bring a friend. Obviously, selling bigger items like a TV is another story, so make sure other adults are home with you.

Classifieds sites like Facebook Marketplace and Craigslist are ideal in larger cities because you can safely find and meet sellers in your area.

Only accept cash, not checks. The buyer will naturally want to inspect what you’re selling, so make sure everything is powered on and include as much original packaging, documentation, and accessories (like charging cables).

For your message, try to make it stand out from the rest. Use catchy words in your title, for example phrases such as “REDUCED PRICE” or “MINT QUALITY”. Take good photos of what you are selling and be as descriptive of the product as possible to avoid frustration during the sales process, including the model number and condition of the product.

► Need to take a screenshot? Here’s how to capture them on any device

My favorite tip for online classifieds is to maximize your reach, which you can do in two (free) ways. The first is to post many ads for the same product but in a different category. For example, a Bluetooth speaker might be listed in Audio, Electronics, Smartphone Accessories, and Home. Since it’s free, just copy and paste the text and maybe edit the title, description or photos.

You can also post in different nearby neighborhoods: while you select a specific city to post your ad, also post in a few surrounding suburbs to increase the chances of your ad being seen.

Some online classified ad sites allow you to pay a little to get your ad higher on the page.

Online markets

Online marketplaces like eBay are a great way to turn your unwanted stash into cash.  Be as descriptive as possible in your post, take good photos, and ship quickly to improve your chances of a smooth experience — and a great review.

Compared to online classifieds sites, the advantage of a huge marketplace, like eBay, is that you’re reaching out to potential buyers nationwide — or even internationally — rather than locally.

Once someone buys (or successfully bids) the gadget you’re selling, you ship it to them, which you should do soon after you sell it, to make sure the buyer is happy – and you will likely give a good review (if happy with the product too) which helps your seller’s reputation and hopefully leads to repeat business from the same buyer.

Reviews and star ratings are extremely important in marketplaces.

When it comes to the selling price of your item, make sure your item is priced competitively as buyers compare your item to others. One trick is to offer free shipping – even if you have to raise the price of the product a bit, you’ll probably sell it faster.

► Oh, chip: Canon scrambles as its own printers think ink cartridges are fake due to chip shortage

When buyers show interest in your product but haven’t yet completed the transaction, eBay suggests using its buyer offer tool, which lets you initiate the negotiation process with potential buyers. You can make a buyer an offer if they’re watching your item or if they’ve placed it in their cart but haven’t paid for a few days.

To increase the chances of selling your item quickly, think about the time of year and offload the things people want. Sell ​​your camping gear in the summer, not in the middle of winter. Christmas items will do better in early December than in March. You had the idea.

Interestingly, eBay lists Sunday as the busiest day for shopping, followed by Saturday and Monday.

► Sell it safely: 6 apps and sites where you can sell just about anything

Sell ​​your technology to a platform

If you don't have the time or interest to find a seller on your own, some platforms like MPB will purchase your photography and videography equipment, which is inspected by specialists, and then the money is deposited into your account .  Your used equipment can be sold on the same platform.

Opposed to a “peer-to-peer” approach, where you have to find a buyer and deal with them, a multitude of sites offer to buy your used technology directly, which could be more ideal for those who don’t. don’t have much time to sell it directly to someone else (and with the classifieds, meet them in person for the transaction).

These same platforms sell used technology to those who otherwise couldn’t afford a brand new device at retail.

In other words, it’s a win-win situation for both parties, not forgetting that the “circular economy” is also a boon for the environment, since it focuses on reuse, repair, refurbishment and reuse of old or unwanted electronic devices.

Like Decluttr does for smartphones, MacBooks and games consoles, MPB asks sellers to fill out an online form to get an instant quote on photography and videography equipment, before packing and shipping it. to its Brooklyn, New York facility (via secure Fedex, paid for by MPB).

You will need to specify the make, model and condition of what you are looking to sell – camera bodies, lenses, filters and accessories – which will then be inspected and checked by a team of camera experts.

MPB, the “world’s largest online platform specializing in used photo and video equipment”, says Oler, will then deposit the money into the seller’s bank account.

“While it’s more of an emotional thing, it’s important to us that sellers know that the equipment you may have used and loved and may have done a fantastic job with, falls into the hands of someone else who, in turn, is going to do something really interesting with it,” Oler adds.

MPB states that all used items purchased by others, including exchanges, are covered by a six-month limited warranty.

Gardening: Planting bulbs – gardener Arthur Parkinson’s “list of summer bulbs” for the garden

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Arthur Parkinson is a gardener from Nottingham who has won a legion of fans on Instagram. The Gardener’s World guest is known for his adorable hens, as well as his stunning displays of bulbs he grows in his garden.

The Kew Gardens-trained gardener published his book The Flower Yard: Growing Flamboyant Flowers in Containers in March last year.

He also runs the “Grow, Cook, Eat, Arrange” podcast with fellow gardener Sarah Raven.

The blub growing aficionado detailed his “list of summer bulbs” to his 80,000 Instagram followers.

Dahlia was first on Arthur’s list.

The gardener is looking to buy a number of varieties from Sarah Raven.

READ MORE: ‘Risks’: Laundry expert shares clothes that should never be machine washed

Lilies are another plant that Arthur will add to his garden, sourcing his own from online seller Farmer Gracy.

Cannas will also be making an appearance in Arthur’s garden this year after he “love the foliage and the presence of Cannnas in the Chatsworth Exotic Garden last September”.

He continued, “I grow Wyoming canna and they also have a brilliant collection of gladioli of my three favorite varieties of plum pie, bimbo and espresso.

“Try gladioli, the easiest thing to grow for summer rockets, and these varieties are amazing.”

Tips for planting bulbs in pots

Plant bulbs the right way

It can be difficult to tell the correct way to point your bulbs. The more pointed end is the one that should face up.

However, if you really can’t tell, plant the bulb on its side.

Properly space the bulbs

Make sure to put enough space between bulbs. Leave about the width of a bulb between each bulb.

Choose the right container

Bulb containers should have good drainage, retaining enough water to keep the plants healthy but not to soak them.

Another gardener suggested a trick for growing sweet peas in used toilet paper rolls.

The gardening Instagram account, Old House in the Shires, is run by an avid gardener, Sophie, who has been gardening for 15 years.

She wrote: “Sweet peas can be grown easily from seed anytime from October to April.

“They are particularly great for beginners because they grow quickly.”

Prominent Bitcoin Analyst Invests in $SHIB Despite $DOGE’s Surge After Tesla Approval

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A closely-watched bitcoin analyst has revealed that he has invested in meme-inspired cryptocurrency Shiba Inu ($SHIB), despite rival memecoins Dogecoin ($DOGE) seeing a significant surge after Tesla started l ‘accept as the method of payment for the goods.

Pseudonymous bitcoin analyst Pentoshi, who has over 460,000 followers on the microblogging platform Twitter, revealed that he “bought SHIB” believes his risk-reward ratio, which marks the potential reward that an investor can earn for the risk of the investment, justifies the move.

Pentoshi noted that he will be watching the price of the cryptocurrency to see “how it develops as we get closer to February” and that he prefers it to its “near relative” at this time. This parent, DOGE, pumped after Tesla allowed payments for goods on its website.

As CryptoGlobe reported, Tesla’s DOGE payment feature has gone live with the company allowing the sale of specific products such as its “cyberwhistle”, its “Giga Texas” belt buckle and its four-way “cyberquad”. children’s wheels for DOGE. These items are all priced in DOGE, ranging from 12,020 coins for the four-wheeler to 300 DOGE for the cyberwhistle.

At Tesla Dogecoin Support Page, the company notes that it only accepts DOGE as a form of payment and that it “cannot receive or detect other digital assets”. It asks users to ensure they are using DOGE when purchasing as sending “any other digital asset may result in the assets being lost or destroyed”.




Notably, Pentoshi chose to invest in Shiba Inu at a time when rumors that it would be listed on Robinhood (NASDAQ:HOOD) in February helped its price rise. Shortly after Robinhood signup rumors started spreading, an Ethereum whale bought 58.9 billion SHIB. The Shiba Inu has lost around 53% of its value since hitting an all-time high of around $0.00008 in mid-October 2021.

SHIBUSDT chart via TradingView

Dogecoin, on the other hand, hit an all-time high of nearly $0.70 in May last year and has since lost around 72% of its value, as it is currently trading at around $0.19, according to CryptoCompare Data. Meme-inspired cryptocurrency surged 11% on Tesla endorsement.

WARNING

The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing in or trading crypto-assets involves the risk of financial loss.

IMAGE CREDIT

Image selected via Pixabay

CSRC provides rules on offshore listings of onshore companies

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On December 24, 2021, the China Securities Regulatory Commission (“CSRC”) released draft rules and measures on direct and indirect offshore listing of onshore companies for public comment. The deadline for submitting public comments is January 23, 2022.

Applicable to LIFE Companies

The draft rules and measures consist of general rules for the management of offshore listings of onshore companies (“Management Rules”) and implementing measures related to the filing of such offshore listings (“Filing Measures”, as well as the Business Rules, the “Draft Rules”). The draft rules require onshore companies to file certain reports and information with the CSRC and other relevant government authorities before applying for a direct or indirect offshore listing. In addition to direct overseas listing (as defined by the draft rules), which includes traditional IPO and bond issuance, the draft rules also defines indirect overseas listing as offshore public offering by offshore companies that are controlled by onshore companies or beneficial owners through variable interest entity (VIE) arrangements, also known as “red chip companies”. The filing requirements under the draft rules apply to direct and indirect foreign listings.

The draft rules define “indirect offshore listing” to include offshore listings of companies whose principal business activities are conducted in the PRC, even if they are incorporated in other jurisdictions. The determination of whether a company’s principal business activities are conducted in the PRC will be primarily based on facts, including consideration of factors such as turnover, gross profit, l total assets and net assets of the PRC domestic entities in the issuer group are more than 50% of those for the entire issuer group, the citizenship and residency of the senior management of the issuer and the location of the issuer’s registered office.

Lists and events that would require a deposit

Listings that would require filing under the proposed rules include initial public offering, issuance of publicly traded securities (including, but not limited to, refinancing), SPAC and De-SPAC transactions, full circulation transactions (applicable to offerings on the Hong Kong Stock Exchange), etc. Some are concerned that providing documentation for some of these transactions will be inconvenient and that it will be very difficult to complete these documents within the prescribed time limits, and it remains to be seen whether the rules enacted in the future will address these concerns. In addition to the initial filing, in the event that certain material changes listed in the filing measures (for example, a material change in the issuer’s principal business, equity structure or listing plan) occur After the completion of the filing, but before the actual listing takes place, the issuer must prepare updated filing materials. If certain material events listed in the filing actions (for example, change of control, material non-compliance with laws, government investigations, voluntary or compulsory termination of listing) occur after listing, the issuer has an obligation to report the details of these events. events at the CSRC in accordance with archival measures.

Prohibited Review and Ads

Under the proposed rules, the CSRC will not undertake a substantive review to determine whether that issuer has met the applicable listing requirements. Instead, the draft rules set out the bottom line and negative list for offshore listings. Specifically, the draft rules prohibit overseas listings that would fall into the following broad categories: listings that are prohibited by other applicable laws and regulations of the PRC, or that may endanger national security, such as than determined by the State Council, or involve material disputes relating to the ownership of equity, major assets or core technology of the issuer, or which involve violations of laws or criminal activities, etc. the information and documents filed, and also require intermediaries involved in the registration process to ensure the accuracy and completeness of the documents produced or issued by them.

It should also be noted that the management rules have linked the filing of the offshore list to the security review for cross-border transfer of personal information and important data under the laws and regulations of the PRC relating to cybersecurity and to the protection of privacy. Official regulations relevant to such a security review have not been issued, but the management rules have specified that if, on the basis of the information filed, such a security review should be carried out, then the authorities concerned should ensure that that this security review takes place.

Copyright © 2022, Sheppard Mullin Richter & Hampton LLP.National Law Review, Volume XII, Number 14

Share Market Today LIVE | Sensex, Nifty, BSE, NSE, Stock Quotes, January 13 Stock Market News Updates

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Share market news today | Sensex, Nifty, LIVE stock prices: Indian benchmarks opened lower on Friday amid weak global signals. The Sensex was down more than 400 points at 60825.18, and the Nifty was down 114.30 points or 0.63% at 18143.50.

Market News Today | Sensex, Nifty, LIVE Stock Quotes: Indian benchmarks opened lower on Friday January 14 amid weak global signals. The BSE Sensex lost over 400 points to 60757, and the Nifty fell 18,200 points and fell 114.30 points or 0.63% to 18143.50. With the exception of Autos and Oil & Gas, all other sector indices are trading in the red with the IT index down 1%. In broader markets, the BSE midcap and smallcap indices are trading flat. HDFC, HCL Tech, Asian Paints, Wipro, and UPL were among the top losers in the Nifty pack, while Cipla, IOC, L&T, Titan Company, and Divis Labs were the top gainers.

Shares of Mukesh Ambani’s Reliance Industries Ltd will remain in the spotlight as the company announced on Thursday that it will invest nearly Rs 6 lakh crore in green energy and other projects in Gujarat. RIL has already started looking for land for 100 GW renewable energy projects to be set up in the next 10 to 15 years. The company will also invest an additional Rs 60,000 crore to manufacture photovoltaic solar cells and other renewable energy equipment, he said.

Share market today | Sensex, Nifty, BSE, NSE, Stock Quotes, Stock Market News Live Updates January 13

Nest Hub Max may soon run Fuchsia as testing ramps up

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The Nest Hub Max may soon switch to Fuchsia – Google’s in-house operating system – as internal testing intensifies.

Update: Upgrading Nest Hub Max to Fuchsia is becoming more likely as more evidence emerges.

Earlier this year, Google took the bold step of updating existing first-generation Nest Hub smart displays from their Linux-based Cast OS to the long-in-development Fuchsia OS. This marked the operating system’s official debut, though it was done largely without fanfare, if only to prove that Fuchsia could replace Linux under the hood on some devices without most people don’t notice. The launch wasn’t without its problems, but Google has finally got things under control for Nest Hub owners.

Prior to that debut, we reported that Google had started testing Fuchsia on the Nest Hub. The term “dog food” comes from the phrase “eat your own dog food”, which basically means “prove to customers that your product is good by using it yourself”. Within Google, dog food is usually the last stage of a product’s internal testing before members of the public get their hands on it.

Before dogfood, there are two more testing phases, teamfood and fishfood, both of which involve testing with smaller groups of Googlers. Dogfood, on the other hand, is usually a much larger test, involving Google employees who are not involved in the development of a particular project.

According to a comment on a Fuchsia code change, Google has started testing the Fuchsia OS on the Nest Hub Max – codenamed “Sherlock”. Google has also confirmed 9to5Google that this test started well.

This cherrypick at f6 must occur before ~Sunday 12/19, otherwise we will miss getting the necessary PatternCheckFailed instances of sherlock f6 dogfood from Monday 12/20 to 1/3.

For a quick explanation of what we’re seeing here, an issue has been discovered in the most recent version of Fuchsia – version 6 or “f6” – which appears to be preventing Nest Hub Max devices on the new OS from reporting other potential issues with smart displays during Google holidays. Here, a Googler was trying to put together a fix and roll it out to devices before this break.

The important part here is that dogfood testing has begun, which means the Nest Hub Max could soon be updated to run on Fuchsia, making it the second retail device with the OS. That’s no surprise, as the Fuchsia team has been working on and with the Nest Hub Max since before it arrived.


Updated 01/13/22: A new Google product has appeared in the list of Vulkan-compliant devices and software. Vulkan, for reference, is a cross-platform 3D graphics API used in Fuchsia, among many other places. What’s important here is the listing itself, which lists “Fuchsia” as the operating system, confirming our suspicions that Google is preparing to update another device to Fuchsia or launch a new one with the operating system.

Digging a little deeper, while the product name is “undisclosed”, there’s still a clue in the listing that helps narrow things down. Specifically, the mysterious Fuchsia product is listed as using the “ARM Mali G52” as its GPU. In today’s Project Fuchsia, there are actually only two devices with this particular GPU: the Khadas VIM 3 (a Fuchsia-compatible developer test card) and the Nest Hub Max.

Knowing that Google has already started large-scale internal testing of Fuchsia on the Nest Hub Max, it seems this new Vulkan listing is just one more formality on the way to updating the smart display to use. Google’s latest operating system. That said, it’s worth noting that no such Vulkan listing has ever appeared for the original Nest Hub before or after it was updated to Fuchsia last year.


At this point, there’s no way of knowing how long it will be before retail Nest Hub Max devices update to Fuchsia, if at all. If things follow the model of the original Nest Hub, Fuchsia will first be made available to those in the preview program in the Google Home app.

Learn more about Fushia:

FTC: We use revenue-generating automatic affiliate links. Following.


Check out 9to5Google on YouTube for more info:

EPA Adds N-Propyl Bromide to List of Hazardous Air Pollutants

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The EPA has set a new precedent and is adding a new chemical, n-propyl bromide (also known as 1-bromopropane), to the Clean Air Act list of hazardous air pollutants (PAHs) . This chemical is used as a degreaser and cleaner for metal parts in the surface finishing industry, with specific aeronautical and aerospace applications. PAHs are pollutants known or suspected to cause cancer or other serious health effects. The original list of PAHs in the Clean Air Act amendments of 1990 included 189 pollutants. Since 1990, the EPA has removed two pollutants from the list, but so far has not added any new ones.

The final rule was published in the Federal Register on January 5, 2022. The consequences of a new HAP list could be significant. New PAH listings could reopen the current air rules for industry source categories and result in changes to installation permits. The additional potential new emissions of PAHs could also cause some (smaller) sources to become major sources with more stringent requirements. EPA will endeavor to review current NESHAP regulations and identify if additional NESHAPs are warranted.

The addition of this new PAH will likely be the subject of a legal challenge as the administrative process the EPA used to add the new PAH was criticized by several stakeholders for not complying with notification requirements and Commentary on the Administrative Procedure Act. Several industry trade groups have indicated that they intend to challenge the EPA’s perceived “regulatory shortcut” to listing new pollutants. The outcome of the legal challenge will likely set a precedent for future HAP listing decisions, such as possible HAP listings for PFOS and PFOA.

EPA will endeavor to review current NESHAP regulations and identify if additional NESHAP requirements are warranted. As a separate action, the EPA is developing a regulatory infrastructure that will address compliance and enforcement issues that may arise from adding a new chemical to the PAH list. More information is available on the EPA website at: https://www.epa.gov/haps/addition-1-bp-npb-clean-air-act-list-hazardous-air-pollutants.

The NASF will continue to work with other industry trade groups on this effort and provide updates to members. If you have any questions or would like additional information on this issue, please contact Jeff Hannapel of NASF at [email protected]


This the update is courtesy of the National Association for Surface Finishing (NASF). For more information or to become a member, visit nasf.org.

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David Draiman says rock isn’t dead, shares booming band roster

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The return of the disturbed singer David Draiman on Twitter has already given rise to the cries of the rocker to a few groups which, according to him, give him hope for the future of rock music. Now the singer has taken it a step further with a list of four bands that he says proves rock is not dead.

Indeed, on January 8, the rocker took advantage of his renewed presence on Twitter to attract the attention of groups Motionless in White, Bring Me the Horizon, Nothing More and Bad Wolves. He indicated that the four thrive in rock.

“Anyone who tells you ‘rock is dead’ clearly doesn’t care,” Draiman said in his tweet. “Look at what @MIWband, @bmthofficial, @nothingmorerock and many more have been up to over the past few years. Young rock groups are thriving. Who’s next ? “

In a follow-up response, the singer added: “I can not forget @badwolves. Revolutionary group of the last 5 years. Been crazy to watch. (See Draiman’s tweets towards the bottom of this article.)

A few days earlier, Draiman praised two acts composed of women. “New groups like [The Warning] and [Plush] give me hope, “he said.” Powerful young women playing real instruments and writing and playing songs that any rock genre can be proud of. “

The Warning is a trio made up of sisters Daniela, Paulina and Alejandra Villarreal. They gained attention in 2021 for their Help EP plus a collaborative cover of Metallica’s “Enter Sandman”. Plush is a four-piece group led by singer Moriah Formica. They created a buzz last year and will tour with Slash next month.

This week, Draiman’s recent duet with Nita Strauss, “Dead Inside”, hit number 1 on rock radio. Disturbed is working on a new album which Draiman says is “old-school Disturbed”. The group, known for “Down With the Sickness” in 2000, was released for the last time. Evolution in 2018.

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[MADE IN KOREA] Plasmapp, has obtained FDA certification with its mini plasma sterilization system … Spreading its wings to expand into global markets!

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[MADE IN KOREA] Plasmapp, has obtained FDA certification with its mini plasma sterilization system … Spreading its wings to expand into global markets!

LOS ANGELES, CA, January 11, 2022 / 24-7PressRelease / – Plasmapp Co., Ltd. (CEO Yoo-bong Lim) is a plasma company established in 2015 in the laboratory of KAIST. With their original plasma technology, it holds 140 patents and was selected as a “Preliminary Unicorn” and was included in the Top 100 Small Business Startups by the Ministry of SMEs and Startups. In addition to attracting 46 billion won in investment, it was recently recognized for its technological prowess by receiving an A rating in the special cases assessment for the technology list. It currently exports to more than 50 countries around the world, reaching the “top $ 3 million in exports” in 2021. In November 2021, it was the first mini plasma sterilizer to be approved by the FDA.

Existing medical sterilizers had to be manufactured in high capacity because they took a long time to sterilize. This led to the manufacture of expensive equipment, and there were limitations as it could not be used in small and medium-sized medical facilities (at the clinic level). Plasmapp has caught the attention of those small and medium-sized medical institutions and hospitals that have high frequency of surgeries by introducing low-capacity, high-speed plasma sterilization technology with low thermal damage.

In addition, by introducing plasma technology to regenerate and activate medical implants and launching a product that improves osseointegration performance by sterilizing and removing impurities in one minute, Plasmapp is expected to consolidate its position in a market that requires performance. high surface treatment.

Direct Plasma Sterilization (Medi-DSP) is a sterilization technology that can extend the life of medical devices by minimizing damage using low temperature sterilization methods with plasma. Existing sterilizers have limitations in terms of damage to medical devices due to high temperatures and high pressure.
Bio-RAP (Regenerative Plasma Activation) is a biological regeneration and activation technology that can dramatically shorten the stabilization period of surgery by removing hydrocarbons and impurities from the implant surface and improving hydrophilicity. and protein absorption.

STERLINK’s sterilization solution is the world’s first direct injection sterilizer that achieves sterilization performance in at least 7 minutes, which is 10 times faster than bag-type sterilizers. With impermeable film, aseptic preservation is improved by automatically sealing after sterilization, and complete infection management is possible by intuitively checking asepsis (infection state) in a vacuum state.

The ACTILINK regeneration / activation solution differs from the conventional UV method, which has low permeability, and from the argon plasma method, which requires removal of the packaging. It regenerates and activates the implants by eliminating the hydrocarbons and impurities generated by the plasma treatment in the minute preceding the operation.

Meanwhile, Plasmapp has obtained FDA certification for the first time for its mini plasma sterilizer which is expected to enter the US market. He also discusses ODM contracts with global medical device manufacturers in the United States, Europe and Japan, and continuously prepares to enter overseas markets. Based on this, Plasmapp expressed their ambition to move from a preliminary unicorn to a global unicorn.

Interview: Plasmapp, obtained FDA certification with its mini plasma sterilization system …

Hot Spot MIK (MADE IN KOREA) online exhibition is expected to be held regularly according to the field, target market and participating institutions, and it will be presented as a new kind of online business by transforming know-how and values of participating companies according to the trend. Businesses wishing to participate can apply and apply through the Marketing Support Projects of Local Government Support Institutions. Refer to the establishments for more information.


Press release service and press release distribution provided by http://www.24-7pressrelease.com

Government to allow 20% foreign direct investment in LICs before listing

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The Center decided to allow 20% foreign direct investment in the Life Insurance Corporation of India (LIC), as in the case of public sector banks (PSB), according to people in the know.

This is expected by the modification of the rules of the Foreign Exchange Management Act (FEMA) in order to attract foreign investors before the public listing of LIC. The Department of Financial Services (DFS) and the Department of Investment and Public Asset Management (DIPAM) finalized the plan to amend the foreign direct investment (FDI) policy in consultation with the Department of. ..

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First published: Tue 11 Jan 2022 06:03 IST

Genflow Biosciences PLC will bring longevity to the London Stock Exchange

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Genflow Biosciences PLC will become the first longevity-focused biotechnology to float in Europe when it joins the standard listing on the London Stock Exchange.

An oversubscribed share placement raised £ 3.7million and assigned an initial valuation of £ 23.4million to the fledgling company.

In the United States, a new industry is growing around companies developing treatments designed to allow people to enjoy healthy old age.

Billionaire entrepreneurs Jeff Bezos and Peter Thiel have invested heavily, as the race to find life-enhancing treatments has spawned R&D-based companies such as Unity Biotechnology, Samumed, Bioage and Frequency Therapeutics.

Genflow’s plan to list on the London Stock Exchange, rather than going on the Nasdaq stock exchange that spawned the generations of great biotech, is a deliberate move.

Managing Director Eric Leire: “It was very important for me to capture the open field in Europe.

“London’s investment history in biotechnology is unmatched by Euronext [the rival mainland Europe exchange]; there is not the same either [investor] expertise, ”he added in an interview with Proactive.

Genflow focuses on the Sirtuin 6 gene, or SIRT6 for short, which is considered to be the “primary regulator of healthy aging”.

It targets four of the nine “characteristics of aging” rather than the unique facets that are unique to other drug candidates.

The company’s R&D effort relies heavily on research conducted by Dr. Vera Gorbunova of the University of Rochester in the United States, who is also on the company’s scientific advisory board.

Xlife Sciences AG plans to list on the ‘Sparks’ segment of SIX Swiss Exchange

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Xlife Sciences AG / Keyword (s): Regulatory admission / Forecast
Xlife Sciences AG plans to list on the ‘Sparks’ segment of SIX Swiss Exchange

10-Jan-2022 / 06:30 CET / CEST
Disclosure of inside information acc. in Article 17 MAR of Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this advertisement.

Press release

Xlife Sciences is considering listing on the “Sparks” segment of SIX Swiss Exchange

Listing on the new “Sparks” segment of SIX Swiss Exchange for small and medium-sized enterprises is scheduled for the first quarter of 2022, subject to the market environment.

– Xlife Sciences AG is a Swiss company focused on developing the value and commercializing promising research projects of universities and other research institutes in the field of life sciences

– The company is involved as an incubator and accelerator in 23 project companies until the successful exit after the proof of concept phase with the aim of participating in their
long-term value development

– Xlife Sciences is currently listed on the Munich Stock Exchange and has a market capitalization of 233 million euros at the end of 2021.

Xlife Sciences AG (XLS DE) confirms its intention to be listed on the SIX Swiss Exchange, as communicated in November 2021. Subject to the market environment, the listing on the new “Sparks” segment of SIX Swiss Exchange is still scheduled for the first quarter of 2022.

Dr. Bernhard Scholz, Chairman of the Board of Xlife Sciences, comments: “Switzerland has a strong and dynamic life sciences industry and knowledgeable investors and analysts. The new Sparks segment of the Swiss stock exchange is attractive for Xlife Sciences as an emerging growth. company and should further increase our visibility and market transparency. “

Oliver R. Baumann, CEO of Xlife Sciences, added: “With the planned listing in Switzerland and the accompanying move to a regulated market, we aim to make our business more accessible to institutional investors, to increase the liquidity of the market. ‘action and further improve the transparency of Xlife Sciences. “

The company
Xlife Sciences is a Swiss company focused on developing the value and commercializing promising research projects of universities and other research institutes in the field of life sciences. The aim is to bridge the gap between research and development and healthcare markets.

Xlife Sciences brings carefully selected early stage projects across the four areas of Technology Platforms, Biotechnology / Therapies, Medical Technology and Artificial Intelligence / Digital Health to the next stage of development. The focus is on preclinical biotechnology projects that are successfully acquired by a university, clinical center or research institute. Currently, eleven employees and eight consultants work for Xlife Sciences AG; in all the project companies there are more than 120 scientific staff, researchers and project managers in total.

The Xlife Sciences team has a proven track record in the life sciences industry thanks to the many years of successful partnership expertise of the founders of the company and the Scientific Advisory Board. In addition to Chairman Dr. Bernhard Scholz, the Board of Directors includes Christian Faber, Prof. Dr. Habil. Michael B. Klein, Mark S. Müller and Simon Schöni. The management team consists of CEO Oliver R. Baumann (also member of the Board of Directors), CFO Carl von Halem, Chief Scientific Officer (CSO) Frank Plöger and Beat Kläui as Head of Accounting & Taxation .

The value chain
Xlife Sciences generally focuses its involvement in a project on the upstream phase, that is to say until the completion of the so-called “proof of concept” phase, and then endeavors to market the project company, for example through a sale of the company or individual product candidates (“commercial sale”), through the granting of product licenses or patents, or through an IPO of the project company. This strategy allows Xlife Sciences to achieve an increase in value already after the proof of concept phase. Potential future growth opportunities are also seized with possible milestone payments and royalties in the subsequent market phase.

Project companies
Xlife Sciences cooperates with 15 leading universities and research institutes in Germany and Switzerland, and examines invention disclosures and project ideas through an in-depth and structured three-step due diligence process. If Xlife Sciences decides to take on the invention disclosure, a separate project company is usually founded for this purpose and prepared for possible exit after a successful proof of concept phase (2-3 years). In addition, these companies are supported in the positioning, structuring and implementation of their concepts, for example by providing management services. In addition, Xlife Sciences aims to create and exploit synergies between the companies in the project.

Currently, Xlife Sciences’ portfolio includes 23 project companies. Five project companies are based in Switzerland, the others mainly in Germany. According to the current assessment of the management team, the project companies Veraxa Biotech, Laxxon Medical, Lysatpharma, Quadira Biosciences, Saniva, Vitruvia, Synimmune, Ix Therapeutics and Baliopharm are among the short and medium term growth drivers of Xlife Science. These growth drivers can be, for example, an exit, the completion of the preclinical development phase, new commitments of federal funds or even the first generation of income.

Listing on the SIX Swiss Exchange
Currently, the company is admitted to trading on the Munich Stock Exchange (unregulated market [“Freiverkehr”] in the m: access segment) with a market capitalization of 233 million euros at the end of 2021. Along with the listing on the SIX Swiss Exchange on the new “Sparks” segment, trading of Xlife Sciences AG shares on the Munich Stock L The exchange will be interrupted for regulatory reasons. The shares will be tradable on SIX Swiss Exchange after the transition to SIX Swiss Exchange.

Following the planned listing on the SIX Swiss Exchange, the proportion of freely negotiable shares (“free float”) should remain at around 44%, the current proportion on the Munich Stock Exchange. The majority of the shares will continue to be held by the two founders as well as the members of the Board of Directors and the management team.

As of October 1, 2021, fast growing small and medium-sized enterprises (SMEs) can be listed on the “Sparks” segment of SIX Swiss Exchange. It is a regulated trading segment adapted to the needs of SMEs and their investors. Among other things, the segment provides easier access for start-ups and a condensed trading window. Apart from this, SMEs are subject to the same prospectus requirements, regulatory oversight and reporting obligations as companies trading on the main segment of SIX Swiss Exchange.

About Xlife Sciences AG
Xlife Sciences is a Swiss company focused as an incubator and accelerator on developing the value and commercializing promising research projects of universities and other research institutes in the life sciences sector, with the aim to provide solutions for unmet medical needs and a better quality of life. The aim is to link research and development to healthcare markets. Xlife Sciences takes carefully selected projects across the four areas of Technology Platforms, Biotechnology / Therapies, Medical Technology and Artificial Intelligence / Digital Health to the next stage of development, and participates in their subsequent performance. For more information, visit www.xlifesciences.ch

Contact:
Information for journalists: IRF Reputation AG, Valentin Handschin, [email protected]
Information for investors: Xlife Sciences AG, Dennis Lennartz, [email protected]

Warning
This press release may contain “forward-looking statements”, such as directions, expectations, plans, intentions or strategies regarding the future. These forward-looking statements are subject to risks and uncertainties. The reader is warned that actual future results may differ from those expressed or implied by statements, which constitute projections of possible developments. The company assumes no obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.

THE INFORMATION CONTAINED IN THIS AD IS FOR CONTEXT PURPOSES ONLY AND IS NOT ENTIRE OR COMPLETE. NO TRUST SHOULD BE PLACED BY ANY PERSON FOR ANY PURPOSE WHETHER THE INFORMATION CONTAINED IN THIS ADVERTISEMENT OR ITS ACCURACY, FAIRNESS OR COMPLETENESS.

THIS INFORMATION DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE OR PURCHASE ANY SHARES OR OTHER SECURITIES OF THE COMPANY TO ANY PERSON IN THE UNITED STATES OR IN ANY JURISDICTION FOR WHOM OR SUCH OFFER OR SOLICITATION IS ILLEGAL. IT IS NOT ISSUED IN COUNTRIES WHERE PUBLIC RELEASE OF THE INFORMATION CONTAINED HEREIN MAY BE RESTRICTED OR PROHIBITED BY LAW. DISTRIBUTION OF THIS ADVERTISEMENT MAY BE RESTRICTED BY LAW IN CERTAIN JURISDICTIONS AND PERSONS IN POSSESSION OF ANY DOCUMENT OR OTHER INFORMATION MENTIONED HEREIN SHOULD INFORM AND OBSERVE THIS RESTRICTION. ANY NON-COMPLIANCE WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF SUCH JURISDICTION. THE SECURITIES OF THE COMPANY ARE NOT AVAILABLE TO THE PUBLIC. THE SECURITIES MENTIONED HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT,

THIS DOCUMENT IS NOT INTENDED TO CONSTITUTE AN OFFER OR SOLICITATION TO PURCHASE OR INVEST IN THE SECURITIES. THE SECURITIES MAY NOT BE OFFERED TO THE PUBLIC, DIRECTLY OR INDIRECTLY, IN SWITZERLAND WITHIN THE MEANING OF THE SWISS FINANCIAL SERVICES ACT (FINSA). NEITHER THIS DOCUMENT NOR ANY OTHER MARKETING MATERIAL RELATING TO THE SECURITIES CONSTITUTES A PROSPECTUS UNDER FINSA OR ANY APPLICABLE LAW OR REGULATION.

10-Jan-2022 CET / CEST DGAP’s distribution services include regulatory announcements, financial / corporate news and press releases.
Archives on www.dgap.de


Delayed decision on foreign listing rules

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NEW DELHI : Legislative amendments allowing Indian entities to register directly overseas could be further delayed as the government is still in talks with stakeholders, including industry leaders, said Anurag Jain, secretary of the department promotion of industry and internal trade (DPIIT), during a virtual conference. media call Sunday.

Regarding the possibility that the new rules will be announced in the Union budget 2022-2023, he said: “I don’t think it can be resolved so quickly.”

Startups have long been asking the Center to change the rules that would allow companies to register directly abroad. Venture capital and private equity firms had also raised the issue in a recent meeting with Prime Minister Narendra Modi.

Under the existing rules, Indian companies cannot be listed directly on foreign stock exchanges if they are not listed on national stock exchanges.

Many startups, including food delivery giant Zomato and digital payments giant Paytm, went public in 2021. 2022 is expected to see more public listings of Indian startups on national and global stock exchanges. On Sunday, Jain briefed the media on Startup India Innovation Week, which begins January 10. The event is organized by DPIIT.

The government seeks to encourage entrepreneurs, investors, incubators, financiers, policymakers and national and international stakeholders to celebrate entrepreneurship and help startups innovate and contribute to India’s growth, Jain said.

Trade and Commerce Minister Piyush Goyal will chair a roundtable of global venture capital funds on January 13, while Modi will interact with startups on January 15 via video conference at a closed-door event.

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Covid-19 Delta outbreak: Waihi, Rotorua and Hamilton pubs listed as places of interest

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A number of businesses in Mount Maunganui have been listed as places of interest. Photo / Alan Gibson

Patrons of Rotorua, Hamilton and Waihi pubs are considered close contacts of Covid-19 cases and are urged to self-isolate and get tested immediately.

The Waihi Beach Hotel Pub, Waihi Beach RSA, Village Sports Bar & Cafe in Rotorua, and the Eastside Tavern and TAB Gaming Lounge in Hamilton have been listed as places of interest today.

Customers who visited these establishments at the same time as an infected person are advised to self-isolate, to test immediately and on the fifth day. Further isolation and testing requirements will be provided by public health, the health ministry said.

“Record your visit online or call Healthline so that our contact tracers can contact you. “

The SkyCity Casino and the Oaks Clubs Suites in Queenstown have also been listed as places of interest.

Anyone present at the casino on New Years Day between 5:50 p.m. and 7:30 p.m. and in the suites from December 30 at 9:30 p.m. to January 2 at 8:30 a.m. should monitor themselves for symptoms for 10 days.

Meanwhile, anyone who attended a drum and bass music festival in Tauranga on Monday is urged to watch for symptoms of Covid-19 after the event was listed as a place of interest today.

Festival goers who attended the Netsky, Hybrid Minds, Montell2099, Friction, Holy Goof, Koven & more event at Wharepai Estate on January 3 from 2 p.m. to midnight were asked to monitor themselves for symptoms for 10 days.

Anyone who attended the event was considered close contact of two Wellington cases, the Department of Health’s website said earlier today, but the list was “reclassified” this afternoon.

“Anyone attending the festival, without any symptoms, no longer needs to be tested and self-isolate at home until they test negative,” the ministry said.

“The reassessment follows a risk review, especially since the festival was conducted under the rules for outdoor events … the fact that no other cases have since been linked to the festival and the initial test results of the 11 contacts close to the Wellington case are all negative. “

People who have attended the festival and are showing symptoms develop are encouraged to get tested and stay home until a test result is negative.

Festival goers are encouraged to register their visit online or call Healthline so that contact tracers can be notified.

The event was listed as a place of interest today, as well as a number of clothing stores and restaurants in Mount Maunganui.

Places of interest have also been listed in Tauranga, Taupō, West Auckland, Rotorua and Bulls today.

Anyone at the Village Sports Bar & Cafe in Ngongotaha, Rotorua on New Years Day between 6:30 p.m. and 10:30 p.m., Waihi RSA on January 5 between 8:00 p.m. and 11:00 p.m. and the Waihi Beach Hotel Pub on the same day between 11:00 a.m. and 11:00 a.m. is also considered a close contact of a file.

All clients of the facility during these times are advised to self-isolate and test immediately, then again on day 5.

The same advice was given to anyone in the Eastside Tavern and TAB Gaming Lounge in Hamilton East on December 31 between 10:35 p.m. and 1 p.m. People in the rec room are considered close contacts of a Covid-19 case.

Customers who were not in the rec room are considered casual contacts and should self-monitor for symptoms for 10 days.

Meanwhile, Paper Plane, Evolution Clothing, Lululemon, Astrolabe Brew Bar, Downtown Foodmarket, and North Beach are places of interest in Mount Maunganui that were visited on January 5th.

Anyone who was in these facilities at the same time is advised to monitor themselves for symptoms for 10 days.

If symptoms develop, people are advised to get tested and stay home until a negative test result.

The same advice is given to anyone who visited Taupō Robert Harris Cafe on January 6 between 11 p.m. and 12 p.m., Countdown and Bottle-O Hillsdene, both on Cameron Rd in Tauranga, on January 2 between 4 p.m. and 5:45 p.m.

Burger Foundry on Papamoa Plaza was listed as a place of interest on January 4 between 10:52 a.m. and 1 p.m., as well as McDonald’s on Bridge St in Bulls on January 6 between 2:33 p.m. and 3 p.m.

It appears that a member of Bendon’s staff in the Westgate Shopping Center in Auckland has been infected with the virus.

The store has been listed as a Place of Interest five times – December 30 from 9:30 a.m. to 4:30 p.m., December 31 from 8:30 p.m. to 5:30 p.m., January 4 from 9:00 a.m. to 5:30 p.m., January 5 from 9:00 p.m. to 5:30 p.m. and January 6 at 9:00 p.m. -13h.

Anyone in the store during these times is advised to monitor themselves for symptoms for 10 days and get tested if symptoms develop.

Covid

There have been 85 new community cases and 64 new cases identified at the border in the past two days, the ministry said today.

There have been 16 new cases in the Bay of Plenty in the past two days.

Thirteen of these cases are in Tauranga and three in the district of Western Bay of Plenty. All cases are linked to previously notified cases.

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A good week of market recovery

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The buying frenzy allowed the market to recover well over the week

TBS Report

08 January 2022, 21:25

Last modification: 08 January 2022, 21:32

Clients buy and sell stocks electronically at Anwar Securities, a member of the Dhaka Stock Exchange. Photo: Bloomberg.

“>

Clients buy and sell stocks electronically at Anwar Securities, a member of the Dhaka Stock Exchange. Photo: Bloomberg.

The first week of the New Year was dominated by the bulls as they found plenty of stocks to buy after a correction of several weeks.

The buying frenzy allowed the market to recover well over the week.

The Dhaka Stock Exchange (DSE) stock indexes saw a sharp rise during the week as institutional investors likely took a stand amid favorable macroeconomic updates, positive expectations for corporate earnings and dividends. that close in December and show signs of an improving relationship between the capital market and money market regulators, writes EBL Securities in its market commentary.

DSEX, the main index of the Dhaka Stock Exchange, rose 230.79 points or 3.4% during the week to close at 6,987.

After a 2.5-month market correction that took the DSEX below 6,650 in late December from 7,410 in mid-October, renewed optimism has increased trade participation for almost all types of investors. and the average daily DSE turnover increased 56% to Tk1,298 crore in the week.

Investors were mainly active in various industries, pharmaceuticals, chemicals and fuels, with the three contributing more than a third of DSE’s weekly turnover.

Most sectors performed positively, of which cement and service each gained the maximum of more than 10%, while the market capitalization of the fuels and power sector increased by 7.2%.

Paper and printing suffered the maximum correction of 8.4%, followed by jute sectors down 2.9% and general insurance sectors 1.7% in their respective market capitalization.

As buying appetite was dominant in non-selective stocks, the blue-chip DS30 index and the DSES Sharia index comparatively underperformed the broad DSEX index.

In the DSE, 286 scrips rose during the week, while 86 fell and the price of 10 was unchanged while 5 scrips were not traded.

DSE’s total market cap increased 2.92% to 5.58 lakh crore during the week.

Shipping Corporation, Lovello, Fareast Islami Life Insurance, Western Marine Shipyard, S Alam Cold Rolled Steel, Fortune Shoes, Bashundhara Paper, eGeneration, Coppertech, Power Grid Company were the main winning stocks of the week.

Rattle sold in Tesco, Missguided makeup and other products recalled for safety reasons

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A range of products were urgently recalled due to safety concerns this week.

Some items are aimed at children, with regulators warning of choking hazard and health damage.

A makeup product sold by Missguided was also found to not meet legal quality standards.

The report with the latest recalls was released on Friday by the Office for Product and Safety Standards, one of the UK’s market surveillance authorities.

READ MORE: When are the public holidays in 2022? Complete list of official holidays

For more product recall alerts, you can go to the Trading Standards website, where you can find more information.

The recalled products can also be found on Recallit – a site founded by dad Daniel Keay, who created it to raise awareness about dangerous products after finding out his own children’s product was on a government recall list.

Here are the products listed in the government’s latest product safety report:

Portable RCD / Circuit Breaker Plug Adapter



The plug adapter is recalled

Lot: LH20001

Model: NB-ZF3E

A SIN: B07YQKYXSM

The Office for Product and Safety Standards states that the products present a serious risk of electric shock because it is possible to access live parts.

The report also adds that the mains plug did not meet the dimensional requirements of BS 1363 and was not fitted with a fuse as required by BS 1362.

The plug was also missing the conformity assessment marking.

“We recommend that owners stop using this product immediately,” the report concludes.

The report also states that the listing has been removed from the Amazon online marketplace.

Amazon has been approached for comment.

Circular saw



The circular saw that customers have been warned not to use

Carton number: G5790-HG00131HXUK

The Office for Product and Safety Standards states that this product poses a serious risk of injury because it does not have adequate quality guards.

The saw guard did not rebound when retracted and became stuck, permanently exposing the blade, posing a cut risk to users, the regulators added.

The product has been withdrawn from Amazon’s online marketplace.

Amazon has been approached for comment.

Unicorn crystal mud



Children’s toy is recalled

Barcode: 6926675601851

The Office for Product and Safety Standards states that this product poses a chemical risk because the sample tested contained 691 mg / kg of soluble boron, which exceeds the limit of 300 mg / kg.

Ingestion or contact with an excessive amount of boron can harm children’s health by damaging the reproductive system, the report adds.

Missguided eyebrow gel



Recalled Missguided Brow Gel

Affected lot numbers: 52670D39, 52670D40, 52670D51, 54954D39, 52673D40 and 54957D40.

Available in colors: Dark 03, Light 01, Medium 02, Super Dark 04

The Office for Product and Safety Standards states that this product poses a chemical risk because contamination of the product has been identified which does not meet legal quality standards and may cause a reaction in some customers using the product.

Regulators say the product has been recalled by end users.

Missguided has been approached for comment.

Clementoni floral rattle



The rattle has a choking hazard

TPNB: 087834476

The Office for Product and Safety Standards says the product poses a choking hazard because the white decoration on the front of a toy can peel off, producing a small piece that a child can choke on.

The product is sold to Tesco, and the supermarket has sent a notice to customers asking them to return the product for a full refund.

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Best retirement income funds of January 2022 – Forbes Advisor

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Target date funds are designed to make investing for retirement as easy as possible. Generally speaking, target date funds are built around an expected future retirement date, which is most often included in the name of the fund, such as the Vanguard Target Retirement 2060 Fund (VTTSX).

This objective defines the important differences between these two types of funds. First, target date funds designed for retirement in 20 years or more typically have an asset allocation of 90% stocks and 10% bonds. While this aggressive allocation is ideal for long-term investors, it is not suitable for retirees.

Second, target date funds change their allocation as the target date approaches. These changes shift the allocation further to fixed income to reduce portfolio volatility as holders move closer to retirement. These changes in asset allocation are known as the downward trajectory of a fund. Retirement income funds do not change the allocation of assets over time.

Target date funds are designed to provide a one-stop fund solution for retirement planning. These funds invest in national and international stocks and bonds in a single fund. In contrast, retirement income funds are not necessarily designed to be a retiree’s only investment choice. Some on our list could be used for this purpose, like the Wellington Fund, but that is the exception, not the norm.

Finally, it’s important to understand that some target date funds are designed to provide income in retirement. The Vanguard Target Retirement Income Fund (VTINX) is one example. We have excluded these funds from this list for several reasons. As noted above, target date funds tend to be viewed as a one-time fund solution. But they may be ill-suited for such purposes given their very low allocation to equities.

The author (s) did not hold any position in the titles discussed in the post at the time of original publication.


AppTech Payments Corp. Announces $ 15.0 Million Close

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CARLSBAD, Calif., January 7, 2022 (GLOBE NEWSWIRE) – AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), a financial technology company that powers business experiences, today announced the closing of its subscribed public offering of 3,614,458 units, each unit consisting of one common share (the “Common shares”) and a warrant (the “warrants”) to purchase one common share, at a public offering price of $ 4.15 per unit, for total gross proceeds of approximately 15 . $ 0 million, before the deduction of sales chargebacks, commissions and other estimated offering costs. The Ordinary Shares and the Warrants comprising the units are immediately separable and will be issued separately. Each warrant entitles its holder to purchase one common share at an exercise price of $ 5.1875 (125% of the offering price per unit) and expires five years from the date of issue. In addition, the Company has granted the underwriters a 45-day option to purchase up to 542,168 additional common shares and / or additional warrants at the public offering price per security, less discounts and underwriting fees. , to cover the over-allotments, if only.

EF Hutton, a division of Benchmark Investments, LLC, acted as the sole book manager for the offering.

A registration statement on Form S-1, as amended (File No. 333-253160), has been filed with the Securities and Exchange Commission (“SEC”) and was declared effective on January 4, 2022. A prospectus Final Offer Report was filed with the SEC on January 6, 2022 and is available on the SEC’s website at http://www.sec.gov. Electronic copies of the final prospectus relating to this offering, when available, may be obtained from EF Hutton, a division of Benchmark Investments, LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, Attention: Syndicate Department , or by email at [email protected] or by phone at (212) 404-7002.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities described in this document, and there will be no sale of such securities in any state or jurisdiction in which such offering, soliciting or selling would be illegal. prior to registration or qualification under the securities laws of any such state or jurisdiction.

About AppTech

AppTech Payments Corp. is a publicly traded fintech company that uses innovative payment processing and digital banking technologies to complement core merchant services capabilities. AppTech’s patented and proprietary software will deliver progressive and adaptable products that are available through a suite of synergistic offerings directly to merchants, banking institutions and businesses.

AppTech is developing an integrated, highly secure digital banking and payment platform that powers the business experiences of customers and their customers. Based on industry standards for payment and banking protocols, AppTech will offer stand-alone products and fully integrated solutions that deliver innovative and unmatched payment, banking and financial services experiences. Our processing technologies can be out of the box or leveraged through our RESTful API to create fully personalized and customizable experiences while supporting tokenized, multi-channel and multi-method transactions. For more information about our company, please visit www.apptechcorp.com.

Forward-looking statements

This press release contains forward-looking statements which are inherently subject to risks and uncertainties. All statements in this document that are not historical facts are forward-looking statements as defined in the United States Private Securities Litigation Reform Act of 1995. Words such as “anticipate, believe, estimate, expect, predict, intend, may, plan, project, predict, should, will ”and similar expressions in connection with AppTech are intended to identify such forward-looking statements. These risks and uncertainties include, without limitation, general economic and business conditions, the effects of geopolitical unrest and continuing regional conflicts, competition, changes in marketing methods, manufacturing or distribution delays, changes in customer order patterns, changes in customer supply and various other factors beyond the control of the company. Actual events or results may differ materially from those described in this press release due to any of these factors. AppTech has no obligation to update or change any forward-looking statements, whether as a result of new information, future events, or otherwise.

Contact

AppTech Corp. Investor Relations
[email protected]
(760) 707-5955


AdvancedAdvT reveals its potential offer on M&C Saatchi

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More details have emerged on the potential takeover of the communications agency M&C Saatchi on Friday, with AdvancedAdvT announcing its interest in exploring a share exchange merger in a regulatory update.

The AIM-listed company confirmed on January 5 that it had acquired 12 million ordinary shares of M&C Saatchi.

On Thursday, M&C Saatchi said in its own announcement that AdvancedAdvT, which is linked to its director Vin Murria, had made a preliminary approach on a potential offer.

The board of directors of AdvAdvT said on Friday that it believed the larger group would have the opportunity to create “significant value” for its shareholders.

“A merger would create an opportunity to build a creative, data-driven, analytics, and digital marketing company with a strong track record and additional managerial expertise in rapidly transforming businesses and executing complementary mergers and acquisitions.” , the company said in its statement.

“This would allow the enlarged group to continue its development and, above all, to accelerate the implementation of its growth strategy and therefore to be more and more relevant for its customers.

“The board believes the larger group would be well positioned to take advantage of structural changes resulting from accelerating digitization, affecting the way businesses operate, engage and sell to customers, and deliver benefits to customers. employees, customers and shareholders. “

AdvancedAdvT said the merger, combined with a focus on a data strategy, digital analytics and creative marketing as well as mergers and acquisitions, would allow the larger group to capitalize on the increased opportunity to “navigate, create and drive meaningful change ”while guiding customers on their“ new digital journey ”.

He added that he would defend M&C Saatchi’s traditional creative base against disruptive competitors and allow the larger group to increase its market share relative to its peers.

The company said the merger would also allow M&C Saatchi to resolve its legacy put option issue, as well as provide liquidity to accelerate investments in the business and transformational, digitally-driven mergers and acquisitions.

“The company brings additional management skills with considerable expertise and experience to complement, accelerate and develop the larger group through strategic and targeted acquisitions in fragmented international markets,” said AdvancedAdvT.

“The management of the company has already succeeded in identifying, realizing and exploiting the latent value within the companies.

“The combination of M&C [Saatchi] the brand and the platform with the financing and corporate experience is expected to increase the pipeline of merger and acquisition opportunities.

AdvancedAdvT also said that the platform’s “combined reach and renewed appeal” could attract many quality assets.

The board said the outperformance and rating of data-driven digital marketing agencies and board peers demonstrates investor support for companies that have capitalized on the perceived market opportunity.

He said other digital marketing groups have been successful in using mergers and acquisitions to acquire digital capabilities.

“We see a significant opportunity for the extended group, with an accelerated data, analytics and digital strategy and combined management, to achieve similar valuation multiples, to improve equity liquidity, to implement a gradual reinstatement of the dividend policy which, in our opinion, will improve the attractiveness of the company for investors.

AdvancedAdvT has confirmed that its chairman Vin Murria, also a non-executive director of M&C Saatchi, held 15,237,985 shares of the latter, representing 12.46% of its issued share capital.

Murria also held 17,500,000 shares in AdvancedAdvT, representing 13.26% of its issued capital.

“There can be no certainty that a formal offer for M&C will be made, nor as to the terms of any such formal offer.”

As the company’s purchase of 12 million shares of M&C Saatchi constituted a reverse takeover under the listing rules, AdvancedAdvT had requested that its shares be suspended from trading until the FCA approves. its eligibility after purchase.

Shares of AdvancedAdvT closed 5.77% lower at 98p on Thursday, the last trading day before its suspension, while those of M&C Saatchi were down 10.59% at 1252 GMT on Friday at 187.76p.


Singapore stock market consolidation likely to renew

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(RTTNews) – The Singapore stock market rebounded higher on Thursday, a day after ending the two-day winning streak in which it had collected nearly 50 points or 1.6%. The Straits Times Index now sits just above the 3,180 point plateau, although it may head south again on Friday.

Global forecasts for Asian markets suggest further consolidation on interest rate concerns and ahead of US employment data, although crude oil price support should limit the decline. European and US markets were down and Asian stock exchanges are expected to open similarly.

The STI ended slightly higher on Thursday following gains in financial stocks and mixed performance in properties and industrials.

For the day, the index rose 20.86 points or 0.66% to end at 3,184.30 after trading between 3,144.81 and 3,185.94. The volume was 1.57 billion shares worth S $ 1.08 billion. There were 245 decline and 218 winners.

Among assets, Ascendas REIT fell 1.69%, while CapitaLand Integrated Commercial Trust fell 1.46%, City Developments rose 0.15%, Dairy Farm International rose 0.68%, DBS Group climbed 1.74%, Keppel Corp lost 0.39%, Mapletree Logistics Trust slipped 1.08%. , Oversea-Chinese Banking Corporation and SingTel both jumped 0.86%, SATS fell 0.51%, SembCorp Industries jumped 3.45%, Singapore Airlines fell 0.40%, Singapore Exchange a added 0.21%, Singapore Technologies Engineering rose 0.27%, Thai Beverage plunged 2.22%, United Overseas Bank collected 0.76%, Wilmar International rose 0.71%, Yangzijiang Shipbuilding a fell 1.49% and Mapletree Commercial Trust, Comfort DelGro, Singapore Press Holdings and Genting Singapore remained unchanged.

Wall Street’s lead ends up weak as major averages opened a little higher on Thursday, then hugged both sides of the line unchanged before ending slightly lower.

The Dow Jones lost 170.64 points or 0.47% to end at 36,236.47, while the NASDAQ lost 19.31 points or 0.13% to close at 15,080.87 and the S&P 500 lost 4.53 points or 0.10% to end at 4,696.05.

Choppy trading on Wall Street reflected the lingering uncertainty in reaction to the minutes of Wednesday’s Federal Reserve meeting. The minutes of the December Fed meeting had a hawkish tone, suggesting that the central bank will be more aggressive in tightening monetary policy.

Traders may also have been reluctant to continue taking significant action before the closely watched Monthly Jobs Report later today.

In economic news, the Department of Labor noted a modest increase in first claims for unemployment benefits in the United States last week. In addition, the Institute for Supply Management said the growth of the service sector in the United States has slowed from the record reached in December.

Crude oil prices rose sharply on Thursday, boosted by rising unrest in Kazakhstan and supply disruptions in Libya. The hope that the Omicron variant of the coronavirus will not have a significant impact on global demand for oil has also contributed to the rise in prices. West Texas Intermediate crude oil futures for February ended up $ 1.61 or 2.1% at $ 79.46 a barrel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

PS5 restock UK – live: Latest news on console stocks from EE, Game, Argos and more

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<p>We'll keep you posted if the PS5 is in stock today. </p>

We’ll keep you posted if the PS5 is in stock today.

(iStock / The Independent)

UPDATE: The PS5 is now in stock at The game collection after selling to AO and EE. Read on for more information.

It’s now 2022, and somehow the PlayStation 5 (PS5), which launched over a year ago in November 2020, is still hard to buy in the UK, both Online and in-store. Supply issues and a global chip shortage caused by the coronavirus pandemic have slowed production of the Sony games console.

But if it’s your New Years resolution to finally get your hands on one, fear not, because the IndyBest team are here to help. December was the best restocking month on record, with 53 drops across Currys, PlayStation Direct, Game, BT and AO. While it remains to be seen whether this trend will continue into January (it’s been a very quiet month so far, with only a few restockings at Ebuyer, AO, and EE), retailers are likely still recovering and recovering. stock levels, us hoping for bigger and better things as January progresses.

Our liveblog is here to give you the latest information on restocking from all major UK retailers, both online and in store, as well as providing details on release rumors, as well as the latest games and accessories. PS5 to buy. Keep scrolling for the latest information.

Read more:

Check the UK PS5 retailer stock below:

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Can you play PS4 games on PS5?

If you’re sitting there right now, staring at your stack of PS4 games, wondering if they’ll play on your new PS5. Don’t worry, they sure will!

If you have the Disc Editing Console, all that blood, sweat and tears that end these campaigns will not have been wasted because you will be able to insert your PS4 discs and play them just fine on the PS5. However, only PS4 games purchased from PlayStation Store will work on the Digital Edition console. Why? Well, because you are going to try to insert a disc into a nonexistent hole and that is not a good idea.

Most PS4 games have seen generous price cuts since the release of the PS5, so it’s worth reading our roundup of. best ps4 games to shop now.

Alex leeJanuary 6, 2022 2:40 PM

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Scuf PS5 controller news

If you haven’t heard the news, here’s a reminder – Scuf PS5 controllers are finally out, but that doesn’t mean you can buy them. Like the Sony, Scuf has supply issues. On the first drop, the controllers sold out in three hours.

Each of the controllers has removable rear control paddles, which can be configured on the go, and they all work with Sony’s Dualsense technology, so you can always feel the game in your hands. I keep my fingers crossed for more drops soon.

Alex leeJanuary 6, 2022 1:50 PM

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Need an Xbox Series X?

There are packs galore in the world of console inventory tracking right now. If you’re looking for Microsoft’s next-gen console, you’ll be happy (or not) to know that two bundles are always in stock at Currys.

The first pack includes the Xbox Elite Series 2 Wireless Controller and costs £ 589. That’s a saving of £ 9.99 compared to buying the console and controller separately. There’s more money on the second pack, but you’ll have to read our Xbox Series X restocking live blog to learn more about this one. We know, such a tease.

Alex leeJanuary 6, 2022 1:00 PM

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AO PS5 stock is sold out

What a whirlwind of restocking. The PS5 is now sold out at AO. Well done to everyone who managed to secure the console at the retailer. It was gone in the blink of an eye. AO drop, we barely knew you.

Still on the hunt? PS5 packs are still in stock at The Game Collection, but sold out at EE.

Alex leeJanuary 6, 2022 12:13

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The standalone PS5 console is now in stock at AO

UPDATE (12:01 PM): High demand message appeared so you may not be able to checkout due to a break in new orders. We will keep you posted if this message disappears.

Bundle haters, your time has come. The PS5 Disc Edition is now in stock at AO (£ 449, Ao.com) and you don’t even have to perform Google Chrome Item Inspector antics to get it in your cart. It will go extremely fast!

Alex leeJanuary 6, 2022 11:55 AM

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When was the last replenishment of BT PS5?

BT came third in the PS5 restocking rankings in December, with the retailer’s virtual shelves remaining flush with consoles for five of the 31 days. Unfortunately, you need to be a BT Broadband or BT TV subscriber to purchase a console from the retailer.

When the console goes live, all BT customers can log into their account and get a PS5 passcode, which is needed to purchase the console. Because it’s so exclusive, the PS5 usually stays in stock for a good couple of hours. EE replenishments are usually a good indicator of an impending BT replenishment, as they frequently share actions.

The PS5 is still in stock at EE and The Game Collection.

Alex leeJanuary 6, 2022 11:20 AM

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You can buy an expensive PS5 pack from The Game Collection right now

We know you hate every pack, but this one is the mother of all PS5 packs and you’ll be set for life (or until new games are released, at least). The Game Collection is currently selling a ma-hoosive disc edition pack with seven epic games and a few extras for a tempting price of £ 799.9 (Gamecollection.net).

What do you get with this disc edition pack?

  • Death loop
  • Back 4 Blood
  • Ratchet & Clank: Rift apart
  • Resident Evil Village
  • Immortals Fenyx Rising
  • Guard Dog Legion
  • Mortal Kombat 11 Ultimate
  • PlayStation 5 HD Camera and
  • 12 month PlayStation Plus subscription

Do not click the actual product listing if you want to purchase this pack or you will be taken to a 404 error page, just click the “Add to Cart” button and you will be sorted. The majority of these games are part of our roundup of the best PS5 games.

Too expensive? This HD camera and additional controller set is also in stock at EE. It costs £ 570 in total (Ee.co.uk).

Alex leeJanuary 6, 2022 10:50 AM

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All the news of the PS5 VR2

Finally! More PS5 VR2 news has arrived. Although Sony announced that it was working on the headset last year and showing it off at random developer conferences in the fall, the product name was just confirmed at the Consumer Electronics Show Tuesday in Las Vegas. .

Sony claims that the PS VR2 has 4K resolution, which translates to 2000 x 2040 pixels per eye, and that there is also HDR (high dynamic range) technology, for improved contrast and brighter colors. Want to know more? Read our PS5 VR2 explainer below.

Alex leeJanuary 6, 2022 10:30 a.m.

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Has the Maplin PS5 stock been uploaded just now?

May be? For a second? Twitter account @ PS5StockAlertUK posted a tweet but quickly deleted it, so something may have happened in the background to trigger the tweet.

At the moment, neither the disc nor the digital edition consoles are in stock at Maplin, but the retailer is selling both at a premium price anyway.

The PS5 disc edition pack with an additional controller and HD camera, however, is still in stock at EE.

Alex leeJanuary 6, 2022 10:04 AM

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When was the last restocking of Currys PS5?

Currys had a monster month of restocking in December, after finally ditching its PS5 VIP raffle system and starting selling the consoles to everyone. There were eight in total, and we hope many more will follow in January.

The console isn’t in stock at the retailer right now, but if we use the Xbox Series X as an example, we could definitely see more of it this month. Currys is one of the best places to find an Xbox Series X, with (on average) the console restocking the most often per month. Hopefully the PS5 will follow. Keep your eyes open.

Alex leeJanuary 6, 2022 9:50 AM

IndyBest product reviews are unbiased, independent advice you can trust. On some occasions we earn income if you click on the links and buy the products, but we never allow this to distort our coverage. Reviews are compiled through a mix of expert opinion and real-world testing.


I built a list of growing companies and QL Resources Berhad (KLSE: QL) was successful

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Like a puppy chasing its tail, some new investors often chase “the next big thing,” even if that means buying “history stocks” with no income, let alone profit. And in their study entitled Who is the prey of the Wolf of Wall Street? ‘ Leuz and. Al found that it is “quite common” for investors to lose money by buying into “pump and dump” programs.

If, on the other hand, you like businesses that have revenue, and even profits, then you might be interested in QL Berhad Resources (KLSE: QL). Even if stocks are fully valued today, most capitalists would recognize its benefits as a demonstration of constant value generation. In comparison, loss-making companies act like a sponge for capital – but unlike such a sponge, they don’t always produce something when in a hurry.

Check out our latest review for QL Resources Berhad

QL Resources Berhad earnings per share are growing.

If a company can sustain earnings per share (EPS) growth long enough, its stock price will eventually follow. So it’s no surprise that I like to invest in companies with growing EPS. Over the past three years, QL Resources Berhad has increased its EPS by 11% per year. This growth rate is good enough, assuming the business can sustain it.

A close look at growth in income and profit margins before interest and taxes (EBIT) can help inform a vision on the sustainability of recent earnings growth. While QL Resources Berhad has been successful in increasing revenues over the past year, EBIT margins have been reduced at the same time. So it looks like the future will allow me to continue growing, especially if EBIT margins can stabilize.

In the graph below, you can see how the business has increased its profit and revenue over time. Click on the graph to see the exact numbers.

KLSE Revenue and Revenue History: QL January 6, 2022

In investing, as in life, the future matters more than the past. So why not watch this free interactive visualization of QL Resources Berhad’s provide benefits?

Are QL Resources Berhad Insiders Aligned with All Shareholders?

I like that business leaders have some skin in the game, so to speak, because it increases the alignment of incentives between the people who run the business and its real owners. So it’s good to see that QL Resources Berhad insiders have significant capital invested in the stock. Indeed, they have invested a sparkling mountain of wealth, currently valued at RM445. I would find that kind of skin in the game quite encouraging, if I owned any stock, as it would ensure that the executives of the company would also experience my success, or failure, with the action.

It’s good to see insiders invested in the company, but are the pay levels reasonable? A brief analysis of CEO compensation suggests they are. For companies with market capitalization between RM 8.4 billion and RM 27 billion, like QL Resources Berhad, the median CEO salary is around RM 4.3 million.

QL Resources CEO Berhad received RM 2.7 million in compensation for the fiscal year ended. This is lower than the average for similar sized companies and seems pretty reasonable to me. CEO compensation levels aren’t the most important metric for investors, but when the salary is modest, it promotes better alignment between the CEO and common shareholders. It can also be a sign of a culture of integrity, in the broad sense.

Should you add QL Resources Berhad to your watchlist?

As I mentioned before, QL Resources Berhad is a growing company, that’s what I like to see. Profit growth may be QL Resources Berhad’s main game, but the fun not stop there. With a significant level of insider ownership and reasonable CEO compensation, a reasonable mind might conclude that this is a stock to watch. However, be aware that QL Resources Berhad shows 1 warning sign in our investment analysis , you must know…

While QL Resources Berhad certainly looks good to me, I would like more insiders to buy stocks. If you also like to see insiders buy, then this free list of growing companies that insiders are buying, might be exactly what you are looking for.

Please note that the insider trading discussed in this article refers to reportable trades in the relevant jurisdiction.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.


Midtown Home w / Saltwater Pool, Carriage House, Hot Tub for $ 2 Million

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ATLANTA, GA – Walk to Piedmont Park or the Beltline or take a short drive to shop in Ponce de Leon from this 6BR / 5.5BA Midtown beauty. The bedrooms include a storage room with a mezzanine bedroom. There is also a saltwater swimming pool flanked by two custom decks with misting system, hot tub, hardwood, fireplace, custom closets in the master suite, built-in speakers, a basement. finished with a kitchenette and an on-street electricity charging station.

Listing Description: Magnificent stately home in the heart of Midtown, within walking distance of Piedmont Park and the belt line. With six bedrooms and five and a half bathrooms, including a shed and a swimming pool, this property is a truly unique opportunity for an individual or an investor. Located on a large corner lot on a beautiful tree-lined street, the house’s graceful porch leads to a splendid entrance with beautiful inlaid hardwood floors, flanked by beautiful guest rooms, including a fireplace. functional. The beautifully updated gourmet kitchen includes professional grade appliances and ample storage space. A large dining room leads to a light and airy veranda, perfect for entertaining. Four large bedrooms upstairs with renovated bathrooms, one of which is ensuite and one Jack and Jill. The owner’s suite is perfectly located, overlooking the courtyard and the swimming pool, and has a superb spa-style bathroom and custom closets. The finished basement with kitchenette and full bathroom offers several possibilities for living and entertaining, and could serve as a completely separate living space, a great rental opportunity. Two rear terraces lead to a stunning saltwater swimming pool and hot tub, making this an artist’s dream. The shed includes a one-bedroom loft with a full bathroom and kitchenette – the perfect pool house, separate living space, or additional rental opportunity. Other features of the house include new windows upstairs, rear deck misting system for hot summer days, built-in speaker system, electric car charging port across the street, newly redone sidewalks, etc.

Listed By: Peter Marks, Method Real Estate Advisors


Adamis Pharmaceuticals: Cancellation / Failure to comply with the registration rule / Transfer of registration – Form 8-K

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UNITED STATES

SECURITY AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

REPORT IN PROGRESS

IN ACCORDANCE WITH ARTICLE 13 OR 15 (d) OF THE

SECURITIES EXCHANGES ACT OF 1934

Report date (Date of first reported event): December 31, 2021

ADAMIS PHARMACEUTICAL COMPANY

(Exact name of the holder as specified in the charter)

Delaware 0-26372 82-0429727

(State or other jurisdiction

of constitution)

(Commission file number)

(IRS employer

ID number.)

11682 El Camino Real, Suite 300

San Diego, California

92130
(Address of the main executive offices) (Postal code)

Cardholder’s phone number, including area code: (858)997-2400

(Old name or old address, if changed since the last report.)

Check the appropriate box below if the filing of Form 8-K is intended to simultaneously satisfy the filer’s filing obligation under any of the following provisions (see General Instruction A.2. Below ):

?? Written communications in accordance with Rule 425 of the Securities Act (17 CFR 230.425)
?? Solicitation of documents in accordance with Rule 14a-12 of the Exchange Act (17 CFR 240.14a-12)
?? Pre-launch communications in accordance with Rule 14d-2 (b) of the Exchange Act (17 CFR 240.14d-2 (b))
?? Pre-launch communications pursuant to Exchange Act Rule 13e-4 (c) (17 CFR 240.13e-4 (c))

Securities registered in accordance with Section 12 (b) of the Exchange Act:

Title of each class Trading symbol (s) Name of each exchange on
who recorded
Ordinary actions ADMP NASDAQCapital market

Indicate with a check mark whether the declarant is an emerging growth company within the meaning of rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or of rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging, growing company ??

If this is an emerging growth company, indicate with a check mark whether the declarant has chosen not to use the extended transition period to comply with the new financial or revised accounting standards provided for under Article 13 (a) of the Exchange Act. ??

Item 3.01 Notice of De-listing or Non-Compliance with a Continuing Listing Rule or Standard; Registration transfer.

On December 31, 2021, Adamis Pharmaceuticals Corporation (the “Company”) received a notice from the Nasdaq Stock Market Listing Qualifications Department (“Nasdaq”) advising the Company that for 30 consecutive business days, the closing bid price of The common share was less than $ 1.00 per share, which is the minimum closing bid price required to maintain the Nasdaq capital market listing under the 5550 (a) Market Rule (2 ). This notice has no immediate effect on the Nasdaq listing of the Company or the trading of its common shares.

In accordance with Nasdaq Marketplace Rule 5810 (c) (3) (A), the Company has 180 calendar days from the date of notification, or until June 29, 2022, to restore compliance. If, at any time before June 29, 2022, the bid price of the Company’s common shares closes at or above $ 1.00 per share for at least 10 consecutive business days, Nasdaq will provide written notification that the Company has complied with the minimum bid price. requirement, and the matter would be resolved. The notification letter also stated that if the Company does not restore compliance within the initial compliance period, it may be eligible for an additional 180-day compliance period. To benefit from additional time, the Company would be required to meet the continuous listing requirement for the market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, at the ‘exception to the bid price requirement, and should provide written notice of a plan to remedy the deficiency during the second compliance period. If the Company meets these requirements, Nasdaq will notify the Company that it has been granted an additional 180 calendar days to restore compliance. However, if it appears to Nasdaq staff that the Company will not be able to remedy the impairment, or if the Company is not eligible for some other reason, staff will advise the Company that they will not be able to do so. granted 180 additional days to comply and be expunged at that time. In the event of such notification, the Company may appeal against staff’s decision to delist its securities, but there can be no assurance that such an appeal would be successful. The Company intends to monitor the closing bid price of its common shares and will review available strategies with the objective of meeting the minimum bid price requirement. However, there can be no assurance that the Company will be able to re-comply with the minimum bid price requirements or that it will otherwise comply with the other Nasdaq listing rules.

SIGNATURES

In accordance with the requirements of the Securities Exchange Act of 1934, the Holder has duly caused this report to be signed on his behalf by the undersigned, duly authorized.

ADAMIS PHARMACEUTICAL COMPANY
Dated: January 4, 2022 Through: / s / David C. Benedicto
Last name: David C. Benedicto
Title: Financial director


Taiwan stock market expected profit taking

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(RTTNews) – Taiwan’s stock market advanced in two consecutive sessions, rising more than 300 points or 1.6% along the way. The Taiwan Stock Exchange is now just above the 18,525 point plateau, although investors plan to cash on Wednesday.

Global forecasts for Asian markets are mixed to higher, with support for oil stocks tempered by weakness in tech stocks. European markets were up and US stock markets were mixed and Asian markets were counting to divide the difference.

The TSE ended sharply higher on Tuesday after gains in financials and tech stocks.

For the day, the index climbed 255.84 points or 1.40% to close to a daily high of 18,526.35 after falling to 18,395.14.

Among assets, Cathay Financial collected 0.65%, while Mega Financial rose 0.57%, CTBC Financial rose 0.78%, First Financial rose 0.41%, E Sun Financial rose 0.36%, Taiwan Semiconductor Manufacturing Company soared 3.96%, United Microelectronics Corporation lost 0.63%, Hon Hai Precision added 0.49%, Largan Precision climbed 7.80% , Catcher Technology gained 0.63 percent, MediaTek climbed 1.30 percent, Delta Electronics jumped 5.32 percent, Formosa Plastic sank 0.47 percent, Asia Cement lost 0.45 percent, Taiwan Cement fell 0.32 percent and Fubon Financial was unchanged.

Wall Street’s lead is mixed as the Dow Jones opened higher and stayed that way, the NASDAQ opened lower and stayed that way, and the S&P opened higher but fell into the red.

The Dow Jones climbed 214.59 points or 0.59% to a record 36,799.65, while the NASDAQ fell 210.08 points or 1.33% to close at 15,622.72 and the S&P 500 was down 3.02 points or 0.06% to end at 4,793.54.

NASDAQ’s sharp pullback reflected substantial weakness in software and biotech stocks, while financials fed the Dow.

The continued advance of the Dow Jones also came as traders remain optimistic about the economic outlook, even as the United States reported more than one million new cases of Covid on Monday. Indications that the new variant of Omicron is causing milder symptoms have raised hopes that the recent increase could actually help hasten the end of the pandemic.

Crude oil prices rose Tuesday after OPEC said it would stick to its plan to increase monthly crude production by 400,000 barrels per day in February. West Texas Intermediate crude oil futures for February ended up $ 0.91 or 1.2% at $ 76.99 a barrel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Place1SEO Changes Brands to Provide New Versatile Software Suite for FES Industry

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Place1SEO, a leading supplier to the Food Service Provisioning and Equipment (FES) industry, recently announced the strategic rebranding of its existing company from Place1SEO to Beedash. Beedash’s industry-spanning product database, together with its online management platform, enables current and future FES dealers to manage comprehensive product information optimized for an online listing. The announcement comes at a time when the restaurant industry has seen dynamic changes and increased pressures due to the COVID-19 pandemic, underscoring the importance of available resources and reliable technology.

“When the COVID-19 pandemic surfaced, we reorganized our business and how we were going to lead in that space,” said Kari Whittemore, Founder and CEO of Beedash. “Recognizing that the restaurant industry employs hundreds of thousands of people across the United States and that it is a multi-billion dollar industry, we wanted to offer a platform that would be nimble. for our customers as we accelerate their recovery efforts. Beedash provides businesses with the tools and resources business owners need to make the right choices faster and without significant financial investment.

Place1SEO customers have already been integrated with Beedash’s multi-faceted platforms, including Corestack, Webstack and Shareestack, which provide a variety of comprehensive solutions for wholesalers and distributors. Corestack saves customers time and resources with pure product intelligence and vital industry updates. Webstack provides customers with customizable websites that streamline lead generation and automated e-commerce. Sharestack increases awareness of the online presence of clients within the FES space.

“Beedash streamlines technology and software solutions and bridges the resource gap between the FES industry,” said Nic Monette, director of operations and accounts at Beedash. “Our broad platform enables customers to be more efficient and access new products, data and analytics at a much more affordable price than what was previously available in the market.

You can see the new brand at http://www.Beedash.com.

# # #

Beedash is a technology company providing solutions for the modern catering equipment supply industry. Our extensive database of industry-spanning products, combined with our intelligent product management platform, enables resellers to list products from an ever-growing catalog of more than 300,000 products from hundreds of manufacturers. Our dealers unlock tools and information to grow their business with clarity and simplicity. For more information on Beedash, visit http://www.beedash.com.

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vodafone idea stock price: Vodafone Idea, Future Retail, 50 other stocks sending buy signals on MACD

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NEW DELHI: As Nifty50 led its winning run through to session three on Tuesday, at least four dozen stocks, including SAIL and, were sending signals to buy on MACD or moving average convergence divergence.

In total, the momentum indicator signaled bullish crosses on 52 stocks – a sign of bullish nuance – hinting at possible increases in the days ahead.

The list included Union Bank of India, Indiabulls Real Estate, IDBI Bank, NMDC, Grasim Industries and Hindustan Zinc. The others included Vodafone Idea, Future Retail, SAIL, Indian Hotels, Aster DM Healthcare, and Sun TV, among others.

ETMarkets.com

MACD is known to signal trend reversals in the securities or indexes being traded. This is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average called a “signal line” is drawn above the MACD to indicate “buy” or “sell” opportunities.

When the MACD crosses above the “signal line”, it gives a bullish signal, indicating that the price of the security may experience an upward movement and vice versa.

The data showed that four stocks were showing bearish trends. They included Ramco Systems, Nagarjuna Fertilizer, Dixon Technologies, Pioneer Embroideries, Indian Metals & Ferro Alloys, and Palash Securities.

down 1ETMarkets.com

The MACD indicator should not be viewed in isolation, as it may not be sufficient to take a trade call, in the same way that a fundamental analyst cannot give a ‘buy’ or ‘sell’ recommendation in using a single valuation ratio.

Indeed, the MACD is a trend following indicator. Although traders can increase the sensitivity of the MACD by using shorter moving averages to calculate the MACD (e.g. 5 and 12 day moving averages), the lag effect will still be present. Therefore, traders should use other indicators such as Relative Strength Index (RSI), Bollinger Bands, Fibonacci Series, Candlestick Patterns and Stochastic to confirm an emerging trend.

On Tuesday, the Nifty50 was trading above 17,700.

“Since we are continually moving up from 16,800, we might see some profit reservation moves in between. But traders don’t have to worry as long as we are convincingly trading above 17. 150. Prior to that, immediate supports were placed at 17,500-17,400. We continue to remain bullish and advise traders to focus on individual themes as even though you see the benchmark consolidating, many stocks are well positioned for a decent rise, ”said Sameet Chavan of Angel One.

Understanding MACD

Vodafone Ideas SharingETMarkets.com

A close look at the Vodafone Idea stock chart shows that whenever the MACD line broke the “signal line” the stock trended higher and vice versa.


The CAIT does not require any dilution in the proposed e-commerce rules

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In a letter to Union Minister Piyush Goyal, the trade body of the Confederation of All Indian Traders (CAIT) asked him not to change the proposed rules on e-commerce under the Protection Act. of consumers (CPA).

Expressing the sentiments of the business community, CAIT said, “Any dilution in the proposed e-commerce rules will cause a strong feeling across the country that the government has succumbed to some hidden pressures. “

The letter said if the ministry relaxed the rules, the country would think India’s e-commerce landscape has been offered to online retailers to mold and structure it to their advantage.

CAIT claimed that several foreign-funded e-commerce companies engaged in “predatory pricing, large discounts, loss financing, exclusivity, inventory ownership and a preferential seller system.” .

Provisions prohibiting deep discounts and flash sales, making e-commerce marketplaces accountable for the quality of products sold on their platforms, and putting in place strong mechanisms for grievance by e-commerce companies should be comprehensive and uncompromising. , added the letter. .

Listing cases like the marijuana racketeering dismantled by Madhya Pradesh police and the provision of contraband supplies used to make explosives as in the Pulwama case in 2020, CAIT also regretted that no action had been taken. taken by the government so far against the e-commerce giants who have proven to be the carrier of such supplies.

Also Read: CAIT Urges Government To Extend RTI Filing Deadline And Postpone GST Hike On Textiles And Footwear

Also read: Businesses to suffer 60% to 70% losses, traders say in Delhi government’s odd-even rule for stores


Futures contracts rise before first trading day of 2022

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Traders work on the floor of the New York Stock Exchange (NYSE) on December 08, 2021 in New York City.

Spencer Platt | Getty Images

U.S. equity futures rose on Sunday night as Wall Street appeared to start 2022 on solid footing.

Futures contracts linked to the Dow Jones Industrial Average rose 115 points, or about 0.3%. Those of the S&P 500 and Nasdaq 100 gained about 0.4% each.

The move in futures comes after markets closed a strong 2021 year last week. The S&P 500 rose nearly 27% for the year, with the Nasdaq Composite and the Dow also posting strong returns. Stocks edged lower on Friday, but the S&P 500 and Dow Jones were positive for the last week of the year.

The new year begins with lingering uncertainty around the Covid-19 pandemic. The rise of the omicron variant has resulted in thousands of flight cancellations during the holiday season and has led some businesses and schools to consider temporary closures. Several major Wall Street banks have asked their employees to work from home during the first weeks of January.

Infectious disease expert Dr Anthony Fauci told ABC’s “This Week” Sunday that U.S. health officials may soon update the guidelines to include a recommendation for testing to report when a person who has previously tested positive for Covid can leave isolation.

Inflation and monetary policy are also expected to be key themes for 2022, as investors expect the Federal Reserve to hike rates several times over the coming year to help curb the rise in prices for consumers.

CNBC Pro’s Stock Picks and Investment Trends:

“Much like the economy as a whole, the market history for 2022 will be back to normal. As hiring continues, spending increases, and businesses hire and invest, the economy will be normal. The government normalizes policy on the same expectations. When you look at the macro picture, the general theme is that 2022 will get us back to something like normal, ”Brad McMillan, Commonwealth Financial Network chief investment officer, said on Friday in a note to clients .

The market could see a boost on Monday thanks to Tesla shares. The electric vehicle company announced 308,600 deliveries in the fourth quarter, beating expectations.

The first week of the year will be a busy one for economic data, with December’s key jobs report due out on Friday morning. On Monday, investors will have an updated snapshot of manufacturing activity and construction spending.

Ohio student-athlete claims his coaches forced him to eat pizza: lawsuit

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  • An Ohio high school student is suing his coaches for forcing him to eat pepperoni pizza.
  • The student, who is Jewish, said consuming pork products went against his religious beliefs.
  • Coaches allegedly forced him to consume a whole pizza with pepperoni residue as punishment for missing a workout.

An Ohio high school student is suing his former football coaches for allegedly forcing him to eat pizza with pepperoni on it, according to a lawsuit filed in North Ohio District Court.

The lawsuit, filed last week against the Canton City School District, the city’s school board and coaches, alleges that the student protested the consumption of pizza because the consumption of products and residues made from it pork goes against his religious beliefs. According to the lawsuit, the student converted to Judaism at the age of 10.

The student who lodged the complaint is not named, referred to only as “junior” and described as a high school student who is expected to graduate in June 2022.

In May, coaches demanded mandatory off-season training for all players. But Junior missed training “as a result of a minor shoulder injury sustained while lifting weights,” the lawsuit said.

During the next mandatory off-season training, Junior showed up and was approached by his coaches, who told him he would be “disciplined for missing the strength training program”, according to the complaint.

The coaches sat him on an “isolated chair that was placed in the middle of the gym floor,” the lawsuit says. They then “gave Junior a large pork pepperoni pizza and ordered Junior to eat the whole pizza as punishment for not showing up on May 20, 2021. Junior objected and called back. [the coaches] that he does not eat pork, because of his religious beliefs.

He also kicked her in the pizza box, which the complaint claims was captured by a video camera.

The coaches went to get the pizza box and brought it back, again insisting that he eat it. Junior refused to do it “at least ten times”, and the coaches then said he could remove the pepperoni. But even without the pepperoni, the pork residue still coated the pizza, according to the lawsuit.

Then the coaches gave him an ultimatum: eat the pizza or potentially be kicked off the football team, according to the lawsuit. Meanwhile, the other players were running around the gym, unable to stop until Junior had finished the pizza.

“Junior, against his religious beliefs, was forced to eat the pork fat pizza. Immediately afterwards, Junior was punished even more by [the coaches] and was forced to run on the football field, ”says the lawsuit.

Forcing football players to eat food as a punishment is common practice, the lawsuit says. The coaches themselves said “that they have previously and regularly punished their soccer players by asking them to eat various products for breaking the rules and regulations of the soccer team,” according to the complaint.

Prior to the alleged incident, Junior made it known at team lunches and dinners that he would not be able to eat pork at the events and that he needed alternative food options, according to the lawsuit. He also says he filled out several forms listing his dietary restrictions.

The coaches were fired in June, according to the lawsuit.

The student is claiming $ 10 million in damages, saying he “was subjected to threats and mockery from his teammates and the general public” and “was forced to enroll in a other school and football program ”due to safety concerns.

The Canton City School District did not immediately respond to Insider’s request for comment.


Royal Dutch Shell Stock is one of Barron’s top picks for 2022

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Text size

Jeff J Mitchell / Getty Images


This article is an excerpt from Barron’s 10 Favorite Stocks for 2022. To see the full list, click here.

Energy supplies could be tight and prices high for years to come.


Royal Dutch Shell

(ticker: RDS.B) is positioned as one of the main energy operations in the world. It trades at a significant discount compared to its American peers,


Exxon Mobil

(XOM) and


Chevron

(CLC).

U.S.-listed Shell shares are trading around $ 43, just seven times projected earnings in 2022, compared to a price-to-earnings ratio of 11 for Exxon and 12 for Chevron. Shell gives 3.9%, less than Exxon or Chevron. Shell, however, has a conservative payout ratio of around 30%, after a sharp drop in dividends in 2020.

Shell is “one of the cheapest large-cap stocks in the world,” wrote activist investor Dan Loeb of Third Point, who took a stake.

Its best business is perhaps the largest liquefied natural gas operations in the world, which only require modest annual capital expenditures.

Loeb’s push for a Shell teardown appears to be going a long way, but it’s possible the company will go public with part of the world’s largest gas station network.

Bernstein analyst Oswald Clint praised the energy giant’s recent move to simplify its corporate structure by domiciling in the UK and consolidating its two share classes into one. Clint sees the company’s share buybacks ramp up in 2022 and has a price target of $ 63 on U.S. certificates of deposit.

Shell’s discount to its US rivals reflects intense pressure in Europe to scale back its oil and gas operations. This remains a risk, but Shell remains attached to its core business.

Company / Teletypewriter Recent price Modification of the current fiscal year 2021E EPS 2022E BPA 2022E P / E Dividend yield Market value (bill)
Amazon.com/AMZN $ 3,377.42 4% $ 41.11 $ 51.37 65.7 Nothing $ 1,713
AT&T / T 23.71 -18 3.38 3.17 7.5 8.8% 169
Berkshire Hathaway / BRK.A 454,550.00 31 17,466.30 18,928.50 24.0 Nothing 673
General Motors / GM 58.39 40 6.73 6.93 8.4 Nothing 85
Hertz Global Holdings / HTZ 21.01 -22 * 4.02 2.55 8.2 Nothing ten
IBM / IBM 125.93 5 10.05 11.04 11.4 5.2 113
Johnson & Johnson / JNJ 173.01 ten 9.83 10.38 16.7 2.5 455
Nordstrom / JWN ** 20.05 -36 1.27 1.99 10.1 Nothing 3
Royal Dutch Shell / RDS.B 42.82 27 4.86 6.19 6.9 3.9 166
Visa / V *** 214.37 -2 5.91A 7.04 30.5 0.7 467

* Since July 1st. ** Estimates for the financial years of January 2022 and January 2023. *** Sept. end of the fiscal year. E = estimate. A = real.

Source: FactSet

Write to Andrew Bary at [email protected]


Asian leopard reserve area inaugurated at Trail 6

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Islamabad: The Prime Minister’s Special Assistant (SAPM) on climate change Malik Amin Aslam on Saturday inaugurated the first-ever common Asian leopard reserve area in the federal capital’s scenic Margalla Hills Trail-6 National Park, which falls in the Kalinjar region.

Addressing the inaugural ceremony at the Trail-6 Visitor Information Center, SAPM said the conservation site will help protect critically endangered wild cat species and promote wildlife tourism in the ‘one of the unique ecosystems in the world near a human settlement.

Amin Aslam commended the Islamabad Wildlife Management Board (IWMB) for their concerted efforts to preserve the common leopard and successfully create a conservation reserve.

“IWMB President Rina Saeed Khan, ZB Mirza and IWMB have worked hard to make this a reality,” he said while appreciating the efforts of the IWMB.

He added that it was imperative to create a balance with nature and to adapt to nature, as the current era of COVID-19 was a reaction to human intrusion into nature. It is a reaction to human conflict with nature that has transferred zoonotic diseases to mankind, he said.

“We didn’t do it (Leopard Preserve) but nature helped it because of nature conservation efforts and favorable environmental conditions,” he said. Amin mentioned that the leopard was critically endangered according to the International Union for the Conservation of Nature’s (IUCN) list of various wildlife.

SAPM said the leopard is the premier of this national park and its absence will disrupt the entire ecosystem. “There are 300 species of birds, 350 species of plants and 20 species of snakes in Margalla Hills National Park, making it an ecosystem rich in biodiversity,” he said.

He added that it was a gift of nature to the nation and that, according to the Prime Minister’s vision, the government would protect it and make it a model national park.

SAPM said there will be guided tours on trail-6 from now on as it will no longer be an open trail due to the presence of leopards. “Although it is a nocturnal animal and is not visible during the day, but thanks to this wildlife tourism initiative, young people and children would learn more about the movement of leopards and their habitat,” he said. -he declares.

It was a method of promoting ecotourism that helped generate healthy revenue for the public treasury, he noted. While sharing his personal experience of detecting leopard footprints at the Trail-6 office, he said: “I myself spotted leopard droppings while hiking at the Trail-6 office, which were then verified by IWMB staff “.

A video documentary based on the IWMB’s journey to develop the leopard reserve prepared by the Board of Directors was presented to the participants with the aim of raising awareness and publicizing the Margalla Hills National Park.

The six-minute documentary was prepared by IWMB on leopards titled Margalla Hills Leopard Kingdom.

Speaking on the occasion, IWMB President Rina Saeed Khan said the IWMB’s protection efforts since 2015 are helping to protect the number of predators and prey in the national park. “The leopard has become a permanent resident of Margalla Hills National Park. It used to come down from higher peaks in winter and leave Margalla in summer, ”she added.

“We have carried out a suitable scientific study of camera traps and placed 20 camera traps throughout 17,000 hectares of national park. A minimum of seven leopards have been captured and there are more likely to be as not all of them have could be captured by cameras, ”said the president of the IWMB. told participants.

She informed that two men and a woman lived in the Kalinjar sector of Trail-6. She added that the Trail-6 was closed after spotting the first leopard and during the COVID-19 lockdown, the biodiversity of the national park flourished, increasing its population. She mentioned that the Snow Leopard Foundation has offered to radio tag Trail-6 for the study of leopards in the national park.

She informed the council would be launching a limited visit once a day with a maximum of 25 people as the goal was not to disturb the leopards. “Leopards are very shy and move around at night.

The tour will be paid for and the board of directors was working on the terms of the initiative, ”she added. A study for the scientific management of the national park was also underway, she said.

“About 9 out of 20 camera traps captured a leopard and one captured an entire family,” she said. She concluded that the leopard was the main predator in the national park that controlled the entire wild population of Margalla Hills National Park.

SAPM and participants walked Trail-6 to observe conservation efforts, leopard droppings and footprints.


China ZhengTong Auto Services: UPDATE INSIDE LEGAL PROCEEDINGS

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited assume no responsibility for the contents of this joint announcement, make no representations as to its accuracy or completeness, and expressly disclaim all liability for any loss resulting from or based on all or part of the content of this joint announcement.

China ZhengTong Auto Services Holdings Limited

國 正 通 汽 車 服 務 控 股 有 限 公 司

(Incorporated under Cayman Islands Limited Liability Laws)

(Stock code: 1728)

SENIOR NOTES ISSUED IN THE UNITED STATES MATURING IN 2022

(Stock code: 40132)

INTERNAL INFORMATION

UPDATE ON COURT PROCEDURES

This announcement is made by China ZhengTong Auto Services Holdings Limited (the “Company”, together with its subsidiaries, the “Group”) in accordance with Rule 13.09 of the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange Limited (the “Exchange”) (the “Listing Rules”) and the inside information provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to the Company’s announcement dated December 22, 2021 (the ” Announcement ”) regarding (among others) legal proceedings (the ” Proceedings ”). Wuhan Zhengtong appealed against the judgment of the proceedings. Unless the context otherwise requires, terms used herein will have the same meaning as those defined in the Listing.

On the afternoon of December 28, 2021, the Company was informed that a court ruling for the Alternative Procedure had been issued in favor of the claimant and against (among others) Beijing Guangze, Beijing Zunbaocheng, Beijing Baoze and Wuhan. Zhengtong by the Yangzhou Intermediate People’s Search (法院).

In accordance with the first instance judgment for the other proceeding, Beijing Guangze will pay the plaintiff approximately 1.411 billion RMB (comprising loan principal, accrued interest, late interest and compound interest) and late interest calculated at 16 , 2% per annum of RMB1 0.35 billion, the actual amount of which will increase with time and corresponding costs. Wuhan Zhengtong, having entered into an undertaking in favor of the plaintiff in March 2016 and a shortfall agreement (協議) with the lender in March 2020 for the unpaid amounts owed by Beijing Guangze, was held jointly and severally liable for the same amount. The amount owed to the plaintiff is also secured on real estate owned by Beijing Zunbaocheng and Beijing Baoze. Beijing Zunbaocheng and Beijing Baoze have also been held jointly and severally liable for the above amount. The real estate also serves as collateral for amounts owed by Beijing Guangze to the claimant which are the subject of the proceedings, further details of which are set out in the announcement. Based on a review by Duming United Real Estate Appraisal (Beijing) Co., Ltd. (??) On March 4, 2020, the value of this security as of December 30, 2019 was approximately RMB 3.218 billion. It is not clear at this time if or when such security can be achieved.

The current board of directors of the Company is composed of directors appointed in September 2021 following the acquisition of 29.90% of the shares of the Company by Xiamen ITG Holding Group Co., Ltd. (??). The conclusion of the commitment in March 2016 and the deficit agreement and other documents in March 2020 (extension) may have constituted non-exempt financial assistance to one of the directors of the Company and / or his associates in the relevant time and, therefore, may have constituted the Company’s undisclosed related transactions at the relevant time. The Company’s current board of directors is investigating the completion of the Engagement and Shortfall Agreement and compliance with relevant compliance requirements under the Listing Rules at that time.

The first instance judgment for the other proceeding is not yet effective, and Wuhan Zhengtong intends to appeal the decision.

As the aforementioned procedure has not been definitively judged, there is considerable uncertainty. The Company will monitor legal proceedings and continue to assess the impact of the proceedings on the Group.

Shareholders and potential investors of the Company are urged to exercise caution when trading in the securities of the Company.

By order of the Council

China ZhengTong Auto Services Holdings Limited

WANG Ming Cheng

President

Hong Kong, December 31, 2021

As of the date of this announcement, the Board is composed of Mr. WANG Mingcheng (Chairman), Mr. WANG Muqing, Mr. Li Zhihuang and Mr. ZENG Tingyi as Executive Directors; and Dr. WONG Tin Yau, Kelvin, Dr. CAO Tong and Ms. WONG Tan Tan as independent non-executive directors.

Warning

China ZhengTong Auto Services Holdings Ltd. published this content on December 31, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on 01 January 2022 04:06:00 PM UTC.

Public now 2022

All news on CHINA ZHENGTONG AUTO SERVICES HOLDINGS LIMITED
Sales 2021 18,470 million
2,908 million
2,908 million
Net income 2021 -896 million
-141 million
-141 million
Net debt 2021 13,393 million
2,108 million
2,108 million
PER 2021 ratio -2.06x
Yield 2021
Capitalization 1,946 million
306 million
306 million
VE / Sales 2021 0.83x
VE / Sales 2022 0.73x
Number of employees 7,740
Free float 49.5%

CHINA ZHENGTONG AUTO SERVICES HOLDINGS LIMITED Chart
Duration :

Period :

China ZhengTong Auto Services Holdings Limited technical analysis table |  MarketScreener

Technical Analysis Trends CHINA ZHENGTONG AUTO SERVICES HOLDINGS LIMITED

Short term Mid Road Long term
Tendencies Bearish Neutral Neutral

Evolution of the income statement

To sell

To buy

Average consensus HOLD
Number of analysts 5
Last closing price

0.71 CNY

Average price target

0.60 CNY

Spread / Average target -15.0%


Gibraltar Stock Exchange Receives Proposal To Buy From Blockchain Company – Bitcoin News

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The stock exchange in Gibraltar, a British territory, has received an offer to buy from a blockchain company called Valereum. The purchase, which is expected to take place in the new year, if effective, could make the Gibraltar Stock Exchange the premier exchange where cryptocurrencies and stocks can be traded for cryptocurrencies. Regulators are currently reviewing this offer.

Gibraltar could become a crypto paradise

Gibraltar could go down in history as the territory in which the first mixed exchange operates, with crypto assets and stocks available for investors. The UK’s main stock exchange, the Gibraltar Stock Exchange, has received an offer to buy from Valereum, a blockchain company. The Gibraltar-based company is reportedly seeking to acquire 80% of the said stock exchange, with its current owner, the Global Stock Exchange Group, retaining 20% ​​of the company.

The two companies signed an option for the acquisition in October, where the company announced its intention to complete the transaction. However, details of the acquisition had not been made public. The option reveal the document indicates:

The exercise of the Option and the acquisition of 80% of GSX (the “Acquisition”) is subject to the approval of the Gibraltar Financial Services Commission (“GFSC”). Valereum will seek approval from the GFSC to establish the GSX as one of the world’s first fully regulated and integrated fiat and digital exchanges.

The report also says the group will look to integrate the cryptocurrency into the exchange if the deal goes through.

Regulatory complications

The possible approval of the deal by regulators across the country prompted a series of reactions from experts and people watching the outcome. Richard Poulden, chairman of Valereum, is extremely positive about the deal and said it is a milestone in the evolution of digital assets as they become globally tradable. However, not all are so optimistic about this likely deal.

Many are hesitant about the effect this might have on the oversight that other global regulatory groups, like the Financial Action Task Force (FATF), might have on the country. Charlie Steele, partner of the Forensic Risk Alliance, a consultancy firm, says:

This could allow or facilitate money laundering, the evasion of sanctions, the financing of terrorism, so everyone is wary of that too,

Valereum has also signed a purchase agreement with Juno Group, a trust management company that will be able to provide custodial services for cryptocurrency assets acquired in the exchange, although the agreement needs to be ratified. by regulators.

What do you think of the acquisition of the Gibraltar stock exchange by Valereum? Tell us in the comments section below.

sergio@bitcoin.com '

Sergio goschenko

Sergio is a Venezuela-based cryptocurrency journalist. He describes himself as late in the game, entering the cryptosphere when the price hike occurred in December 2017. Having a background in computer engineering, living in Venezuela and being impacted by the cryptocurrency boom on a social level , it offers a different point of view. on the success of crypto and how it is helping the unbanked and underserved.

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, nor a recommendation or endorsement of any product, service or business. 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 allegedly caused by or in connection with the use of or reliance on any content, good or service mentioned in this article.

HTC Announces Sale of California-Based Hemp Extraction Assets and Option to Acquire Stake in Starling Brands

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REGINA, Saskatchewan – The press wire – December 31, 2021 – HTC Purenergy Inc. o / a HTC extraction systems (also “Society” and or “HTC“) (HTC: TSX-V) (OTCQB: HTPRF) announces that it has entered into an asset sale and purchase agreement (“APA“) with Starling Brands Inc. (“Starling marks“) under which Starling Brands will acquire certain assets (the”Assets transferred“) used in HTC’s CBD extraction business in California for the aggregate purchase price (“Purchase price“) of $ 5,000,000 (the”Transaction“).

The purchase price is payable by payment of $ 5,000,000 in cash or, at HTC’s option, by the issuance of 5,000,000 Class A common shares (“Optional actions“) of Starling Brands at a deemed price of C $ 1.00 per option share (the”Option“), provided that HTC exercises the option upon delisting of its ordinary shares by HTC (“HTC Actions“) Of the TSX Venture Exchange (the”TSXV“) and the transition to the Canadian Securities Exchange (the”CST“).

The Company has submitted an initial request to the CSE to list the HTC shares on listing and plans to request the TSXV to voluntarily remove the HTC shares from the listing upon commencement of trading on the CSE. At this time, the CSE has not yet reviewed HTC’s registration statement as part of its CSE registration request. The listing of HTC Shares on the CSE is expected to be completed in the first quarter of 2022.

Starling Brands is a leading extractor and formulator of medical, wellness and recreational cannabis products in California. Powered by a group of passionate specialists, they are determined to champion the untapped benefits of cannabis.

Kase Manufacturing Inc. (“Kase manufacturing“), based in Ceres, Calif., and a wholly owned subsidiary of Starling Brands, is driven by quality, integrity and innovation, managed by a team of world-class experts with over 50 years of combined experience, and will incorporate that experience to help accelerate the growth and success of Starling Brands. Kase Manufacturing is one of the first approved volatile and non-volatile cannabinoid extraction manufacturing laboratories in the State of California. Kase Manufacturing uses the highest quality extraction and refining equipment and laboratory tools available today and is operated by an award-winning team of extractors and formulators, who consistently produce the best cannabinoid oils in the industry, high terpene distillates and extracts sold under their own brands and white label for other major Californian brands.

Kase Manufacturing, under Starling Brands, is licensed to operate in the extraction, refining, formulation and distribution of cannabis in the State of California. HTC previously entered into an Intellectual Property Licensing Agreement with Starling Brands which enables a technology transfer whereby the intellectual property and technology licensed under this agreement are used and deployed at HTC’s Canadian facilities.

The combination of the expertise and leadership of Mike Reynolds, co-founder of Starling Brands, and Drew Ford, Scientific Director, who is a highly regarded expert in the world of cannabinoid extraction, formulation and refining .

Mike Reynolds, co-founder of Starling Brands, has spent the past 10 years building political, business and community alliances in the towns of Ceres and Modesto, California. Her involvement with cannabinoids began after her son, Kase, was diagnosed with epilepsy at the age of four months. Mike then formed a partnership with Jason David, whose son also suffered from epilepsy, which further fueled the development and success of Jayden’s Juice, a cannabinoid-rich tincture made by Kase Manufacturing. Reynolds led the planning, design, construction, licensing and staffing of Kase Manufacturing. His relationship with the city of Ceres and his experience as the parent of a child whose life has been transformed by medicinal cannabinoids are invaluable to the success of their business.

Drew Ford previously worked as a chemical engineer in the reverse osmosis desalination industry, working in research and development and chemical purification before moving to the cannabinoid space. Drew’s experience and passion for chemical purification and refinement brought him into the cannabinoid market. He was a key member of the team that developed the first vacuum distillation process equipment for cannabinoid oil and optimized and redefined the standard for “potency” and “efficiency”. Many of the planed film refining systems offered by equipment OEMs today have dedicated Drew’s significant experience in improving vacuum distillation products. His hands-on experience as a pioneering cannabinoid product developer gives him the foresight that will enable him to guide Starling Brands to adapt quickly to changes in the cannabis market.

“On behalf of HTC, we are extremely pleased to become a shareholder of Starling Brands and in so doing, participate in the vision and execution of Starling Brands as a global leader in the science and production of extractions and The highest quality cannabinoid formulations. said Lionel Kambeitz, CEO of HTC. “The benefits to be provided to the global community are consistent with the irreversible momentum of changing perceptions and acceptance of the most useful and beneficial plant on the planet.”

“The acquisition of this equipment allows Starling Brands to expand our ability to become one of the largest distillate manufacturers in California, while continuing to increase our production of the highest quality packaged cannabis consumer products,” said Drew Ford, scientific director. by Starling Brands. “The opportunity to scale quickly is beneficial to our growth and creates immediate value for our shareholders, and we are delighted that HTC shares this vision and becomes a shareholder of Starling. ”

Starling Brands and HTC are not affiliated with and are not considered to be at arm’s length parties. The Transaction remains subject to customary closing conditions and is expected to close on December 31, 2021.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATORY SERVICE PROVIDER (AS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE COMMUNICATION.

For more information, contact:

Jeffrey Allison,

HTC extraction systems Tel. : 306-352-6132

E-mail: [email protected]

The developments of the company HTC can be followed on www.htcextraction.com and trades under the symbol HTC

This press release contains “forward-looking statements” or “forward-looking information” (collectively referred to herein as “forward-looking statements”) within the meaning of applicable securities laws. These forward-looking statements include, without limitation, forecasts, estimates, expectations and targets for future operations that are subject to several assumptions, risks and uncertainties, many of which are beyond HTC’s control. Forward-looking statements are statements which are not historical fact and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends to”. “,” Estimates “,” projects “,” potential “and similar expressions, or that events or conditions” will “,” would “,” could “,” could “or” should “occur or be achieved. This press release contains forward-looking statements regarding, among other things, the timing and ability, timing and ability of Starling to successfully complete its financing, list its securities on a stock exchange in Canada.

Forward-looking information is based on current expectations, estimates and projections which involve a number of risks, which could cause actual results to vary and, in some cases, differ materially from those anticipated by HTC and described in the forward-looking information contained herein. Press release.

Although HTC believes that the important factors, expectations and assumptions expressed in these forward-looking statements are reasonable based on information available to it at the date of these statements, no assurance can be given as to the results, levels of activity and achievements. future performance and these statements are not guarantees of future performance.

HTC Purenergy Inc. (OTCQB: HTPRF) trades in the OTCQB Venture Market for US and international start-ups and development companies. Companies are up-to-date in their reports and undergo an annual management audit and certification process. Investors can find real-time quotes and market information for the company at www.otcmarkets.com. (links to: http://www.otcmarkets.com/stock/htprf/quote).


Omicron, the factors of climate change weighing on the crypto market

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Omicron, the climate change drivers weighing on the crypto market – Korea Times





































Omicron, the factors of climate change weighing on the crypto market


Bank of England
Bank of England


By Lee Kyung-min

The cryptocurrency market is undergoing significant adjustments, rapidly weakening investor sentiment that has remained largely undeterred over the past few years due to the lack of regulation and cheap cash injected to deal with the COVID-19 pandemic. .

The future evolution of the digital financial investment vehicle will be determined by the burden of regulation, an equally critical factor for the performance of the asset, of which the capital gains tax has been deferred by one. year.

Some say it remains unclear whether Bitcoin, one of the leading cryptocurrencies, will be able to withstand the myriad of changes in macroeconomic market conditions unfavorable to investors, including the end of the Federal Reserve dropout. and subsequent rate hikes next year.

Others say that high price volatility could turn extreme at times, but that the overall uptrend will not be abruptly reversed, an assessment reflecting the continuing increase in the number of very risk-averse institutional investors, whose behavior is almost exclusively governed by the guarantee of profit.

The price of bitcoin peaked at over 79 million won ($ 67,000) in early November, but has since plunged to a low of just over 54 million won on December 17.

It’s part of a dramatic price swing over the past year, since it started at around 30 million won in January. It then hit a new high in just three months, before surpassing 70 million won in mid-March, followed by 80 million won in April.

The rise was prompted by the Nasdaq listing of Coinbase Global, an American cryptocurrency exchange, a cause for great optimism that the virtual asset will be fully integrated as part of a legitimate financial investment method. earlier than expected.

The possibility of Bitcoin’s price reaching 100 million won was raised later, as the inflation-hedged asset is relatively insulated from the sharp depreciation in value of the economy, where emergency funds good. pandemic-induced markets were accelerating concerns about declining asset values ​​relative to monetary value.

But prices have fallen sharply this month and last, impacted by the emergence of the Omicron variant and the announcement by the US administration Biden that the capital gains tax rate will be raised to 39. , 6%, against 20% currently.

Criticism of the digital asset for its anti-green characteristics in the context of rapidly spreading environmental, social and corporate governance (ESG) dynamics also poses a downside risk.

The heavy energy consumed to mine the cryptocurrency, according to some market watchers and conservationists, will ultimately lead to lower prices for crypto assets, as dependence on heavy carbon electricity will grow. frowned upon.

“Cryptocurrency certainly has growth potential, but the risks and volatility are just as important,” an industry official said. “How the new financial investment adapts to the new environment will determine the price and volume of transactions. “


















Tigerair Taiwan asks to be listed on the stock exchange

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Tigerair Taiwan (IT, Taipei Taoyuan) has asked the Taiwan Stock Exchange to list its shares on the main board and hopes to raise more capital before international travel resumes in 2022, the low-cost subsidiary of Taiwanese airline China Airlines (CI, Taipei Taoyuan) revealed.

According to a list of such claims on the exchange’s website, the carrier filed its claim on December 28, declaring its share capital at the time of the claim as TWD4 billion new dollars ($ 144.2 million).

Under exchange rules, the request states that “if the public has opinions or doubts about the initial listing application for Tiger Airways Co. Ltd., they can express them in writing by January 12”.

The airline is currently not meeting lead board requirements, which are more stringent than for the stock exchange‘s emerging board, as it recorded a loss last year due to Covid-19. However, it is expected to be eligible under relaxed listing rules for companies affected by the pandemic, the exchange told the Taipei Times newspaper.

The revised rules mean that the review board judges a candidate on their financial results for each year, except those affected by the coronavirus.

Tigerair Taiwan had said in December 2019, just before the outbreak, that it would debut initially on the emerging board – a preparatory market not open to public subscription – with the intention of moving to the main board as part a formal initial public offering (IPO). towards the end of 2020.

The plan echoes a brief China Airlines released in July 2019 announcing that Tigerair Taiwan would file for an IPO the following year.

Tigerair Taiwan reported net profit of TWD 981 million ($ 35.35 million) in 2018 and TWD 808 million ($ 29.12 million) in 2019, before posting a net loss of 1.37 billion TWD ($ 49.37 million) for 2020.

“The candidate’s financial performance is just one of many factors to consider. We will focus on its potential for business growth. We will review the airline’s business plan to see how it has adapted to the pandemic, which is difficult to predict, ”stock exchange spokeswoman Rebecca Chen told the Taipei Times.

However, she clarified that among the companies that have applied under the relaxed rules so far, few have been approved.

Bernard Hsu, commercial director of Tigerair Taiwan, told the newspaper that the carrier expects its main markets, Japan and South Korea, to ease their travel restrictions after the Lunar New Year holiday (from January 29 to February 6 in Taiwan) as vaccination rates increase.

“Some countries have recently tightened their border controls due to the spread of the Omicron variant, but we think it was actually a good thing for the aviation industry as the tough measures will help contain the pandemic. The sooner countries contain the pandemic, the sooner they will reopen their borders, ”he said.

According to advanced ch-aviation fleets and ch-aviation capabilities modules, only one of the airline’s fleet of thirteen aircraft is currently active, an A320-200N, on a single route, Taipei Taoyuan to Macao Int’l (2x per week). Its fleet consists of eleven A320-200s and two A320neos. It took delivery of the two neos earlier this year and two more are expected to arrive in 2022 out of a total of fifteen on firm order.

If its listing application is approved, Tigerair Taiwan will issue new shares because China Airlines and its subsidiary Mandarin Airlines (AE, Taichung Ching Chuan Kang) hold a combined 81.3% stake in LCC, above the authorized limit of 70%, says Hsu. It has already issued 120 million new shares in September, raising TWD 3 billion ($ 108 million), most of it bought by China Airlines and Mandarin.


Opening hours of the Saint-Sylvestre Stock Exchange: is the Stock Exchange open on New Year’s Day?

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Simon Dux Media / Shutterstock.com

New Years Eve falls on Friday, December 31 – a day when people typically like to take an early flight to start welcoming 2022. But if these employees work on Wall Street, they should schedule regular work schedules. The New York Stock Exchange is open on New Years Eve, as is the Nasdaq Stock Exchange.

Why is the Bourse open on New Year’s Eve?

The hours of the New York Stock Exchange are dictated in the nearly 9,000-page document governing the market. The rules state that if a legal public holiday falls on a Saturday, which New Years Day does for the 2022 kick-off, the market will not be open the previous Friday.

But there is one exception that the document calls “unusual business conditions,” such as the previous Friday being the end of a monthly or annual accounting period, which is December 31. Mark New Year’s Eve as a stock market holiday for this year.

In fact, New Years Day will not be observed by the stock markets at all either, although it is a traditional holiday. Markets will be open, as usual, on January 3. The last time New Years Day was not observed as a public holiday was 11 years ago, when New Years Eve fell on a Friday in 2010.

What are the 2022 stock market holidays?

Stock markets will observe 10 public holidays in 2022, but New Years Day will not be one of them.

An additional public holiday has been added to the stock market holiday calendar from 2022 – National Independence Day on June 10th. President Joe Biden proclaimed the holiday in 2021, and the stock market will watch him move forward.

Here is the 2022 stock market holidays:

Holidays 2022
New Years Day *
Martin Luther King Jr Day Monday January 17th
Washington’s birthday Monday February 21
Good Friday Friday April 15
Memorial day Monday May 30
National Independence Day of June 17th Monday June 20
(observed)
Independence Day Monday July 4
Labor Day Monday September 5
Thanksgiving Day Thursday, November 24
the day of Christmas Monday, December 26
(observed)

* Not observed this year

Are bond markets closed on New Years Eve?

While stock exchange employees will work regular hours on New Year’s Eve, bond markets will close at 2 p.m., giving their employees a few extra hours off work.

The bond markets observe the same holidays as the stock markets, plus two more – Columbus Day and Veterans Day. Bond markets also close early, at 2 p.m., on the following days in 2022:

  • Maundy Thursday (April 14, 2022)
  • The Friday before Memorial Day (May 27, 2022) and Independence Day (July 1)
  • The Friday after Thanksgiving (November 25, 2022)
  • Christmas Eve (December 24, 2022)
  • New Year’s Eve (December 30, 2022, observed)

In 2022, the stock exchanges will close at 1 p.m. on the Friday following Thanksgiving. The standard hours of operation for the New York Stock Exchange and other markets are weekdays 9:30 a.m. to 4:00 p.m.

Our in-house research team and on-site financial experts work together to create accurate, unbiased and up-to-date content. We check every statistic, quote and fact using reliable primary resources to make sure the information we provide is correct. You can read more about GOBankingRates processes and standards in our Editorial Policy.

About the Author

Jami Farkas holds a communications degree from California State University, Fullerton, and has worked as a reporter or editor for dailies across the United States. She brings to GOBankingRates her background as a sports writer, business writer, religious writer, digital writer – and more. Passionate about real estate, she passed the real estate license exam in her state and still wonders whether to get into selling homes – or just writing about selling homes.

Consumer robot brand Robosen secures nearly $ 100 million in round B and round B + funding

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Chinese tech media 36Kr reported on Wednesday that consumer robot brand Robosen recently completed a B + funding round, led by Cedarlake Capital, followed by Rencent Capital and Lightspeed China Partners. Sequoia Capital, Dayone Capital, Gengxin Capital and other investment companies continued to invest. Among them, Gengxin Capital served as exclusive long-term financial advisor.

Robosen completed a B round of funding in June this year, closing two rounds of funding in less than six months, totaling nearly $ 100 million.

Animated IP bots like Transformers and Iron Man are deeply rooted in people’s hearts, but consumer knowledge of bots still relies on entertainment and the imagination. In commercial exploration, the value of entertainment is the first mass consumer demand for mainstream robots, which is why the Robosen team combines robots with artificial intelligence technology to develop robotic products that can deliver diverse interactive experiences.

Since its inception, Robosen has made continuous inroads in motors, drive and control systems, chips, algorithms, structure, mechanical arms and even basic materials, and has achieved a consumer robot incorporating automatic deformation, human-machine interaction, voice control and intelligent programming earlier in the world.

The Robosen team consists of scientists, geeks, product enthusiasts and creators from mechanics, electronics, computing, information science, automation and the Internet. At present, the number of company employees in the R & D team is 70%.

Robosen believes that the mainstream robots in the world are primarily wheeled, quadrupedal, and bipedal, of which humanoid biped technology is the most difficult technical type among the three forms.

Recently, Robosen and Hasbro from the United States launched the flagship Robosen version of Optimus Prime, the result of 12 years of R&D from project establishment to product listing. It is a multi-technological integration project involving machines, electronics, computers, chips, software and polymer materials. According to the product details, it consists of 5000 parts, 60 chips and 27 high performance servo motors.

SEE ALSO: Industrial mobile robot company Youibot Robotics wins over $ 47 million in funding

At present, the official terminal retail price of this product is $ 999. Since its release in the United States in April of this year, the market is still in short supply and the delivery time has been extended until the second quarter of 2022.


Morgan & Co introduces negotiable fund on the Zimbabwe Stock Exchange

0


The Chronicle

Harare office
SECURITIES firm Morgan & Co Limited is set to introduce a multi-sector exchange-traded fund (ETF), which will be listed on the Zimbabwe Stock Exchange (ZSE) as an introduction early next year.

Morgan & Co said in a statement that ZSE has already approved the listing of the multi-sector ETF, which will be listed on January 3, 2022.

An actively managed ETF is a form of an exchange-traded fund in which a manager or team makes decisions about the allocation of the underlying portfolio instead of tracking the performance of a benchmark.

“… wants to establish Zimbabwe’s first actively managed ETF, which will invest primarily in banks, real estate companies, insurance and reinsurance companies, industrial and non-industrial companies and financial holding companies,” said part of the communicated.

The company said it was now in the process of raising seed money in the form of scrip. “As this is an actively managed fund, the weightings and counters will inevitably change over time,” said Morgan & Co.

“The fund will then be listed on the ZSE as an introduction. Additional investments from other investors will be used to buy shares in the market and add to the portfolio, ”said Morgan & Co.

He said that investors who wish to invest in the fund can do so in two ways, by buying shares of the ETF through any registered broker or by delivering a basket of shares through the intermediary. of an authorized participant in the current weight of the fund.

In addition, the securities firm said all of the fund’s assets will be held by CABS Custodial Services which will act as the fund’s custodian.

The settlement of transactions in the units will be made through the custodian ZSE.

“This investment offers investors the opportunity to own a mix of underlying stocks through an investment in the ETF.
“Therefore, the investor has no additional duties or costs beyond those associated with trading any other listed security and the fund manager will be responsible for adjusting or maintaining the components of the portfolio.

“The ETF will be constantly reviewed because it will be actively managed”, read the press release.

ETFs are baskets of different types of investments such as stocks, commodities and bonds that are grouped into a single entity, which then offers stocks to investors which are then traded on the major stock exchanges.

The Old Mutual Zimbabwe Stock Exchange Top Ten Index Exchange Traded Fund (ETF) which was listed on the ZSE in January 2021 became the first ETF to be listed on the platform.

The ETF industry closed 2020 with more than $ 5.5 trillion in investments, according to statistics from the Investment Company Institute.

According to the ZSE, potential issuers of exchange traded products will need to prove that the underlying asset or track of securities is liquid enough to satisfy the exchange so that there will be appropriate price formation in the product.

Meanwhile, the government, which is desperate for financing solutions in a capital-strapped economy, has put its weight in favor of ETFs.

“There is no reason why we cannot have ETFs to raise capital like they do in Botswana,” Finance and Economic Development Minister Mthuli Ncube said at a conference. business early this year.

Business and government have both struggled to find capital due to the country’s currency crisis, characterized by soaring inflation.


IT News Online – Coinweb’s “$ CWEB” token to be listed on 6 major exchanges

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ACCESS WIRE
2021-12-29

HONG KONG / ACCESSWIRE / December 29, 2021 / Coinweb, a cross-chain platform, is pleased to announce the listing of its “$ CWEB” token on six major exchanges – KuCoin, Gate.io, MEXC Global, Bittrex Global, BitMart and Uniswap.

Kucoin’s world premiere listing will take place at 10 a.m. UTC on December 30, 2021, and other exchanges will list thereafter on the same day.

This happens after the token is launched on the VLaunch platform. The VLaunch platform offers staking services, direct swaps, gamification functions with integrated trading suites. Currently, it supports Binance Smart Chain, Fantom, Polygon, and Ethereum. It is planned to include Solana, Cardano and Elrond in its system.

In a statement at the launch, Toby Gilbert, CEO of Coinweb, explained how “the choice of VLaunch is due to the trust he places in the platform to provide the attention the project needs.” Additionally, “it will help build our community by supporting the launch and growth of the $ CWEB token.”

VLaunch Multi-Channel

The VLaunch multi-channel feature supports Coinweb’s mission and its cross-chain interoperability. Ultimately, Coinweb will be a blockchain-independent utility token, which will power all of the platform’s functionality. Additionally, it will allow users to access any channel without keeping a balance of other native tokens.

In his statement, Chris, co-founder of VLaunch, stressed the need for a partnership with Coinweb. According to him, “After eight months of research and development, we are delighted to announce our first external partnership with Coinweb to host the $ CWEB token. After hearing about the technology, we were intrigued by the uniqueness of the project and its proof-of-concept DeFi Interestingly, we will do everything we can to make this project a reality.

About VLaunch

VLaunch offers a multi-channel Launchpad with several features, including staking services, direct trades, gamification, and built-in trading combinations. The platform offers transparency and fairness and has a strong community in the short period of its existence.

Strategic partnership

The Coinweb team emphasizes strategic partnership and starting with the renowned name of the venture capital industry – 316VC.

About Coinweb

Coinweb.io is a multi-chain platform that provides a compute environment to solve important distributed ledger technology issues. It offers a decentralized payment method designed to rebuild the traditional payment system on the blockchain. It has impressive team members with a board of advisers spanning multiple industries including blockchain, business, and traditional technology.

Social connections

Twitter: https://twitter.com/coinwebofficial/
Telegram: https://t.me/coinweb
LinkedIn: https://linkedin.com/company/coinweb/
Facebook: https://facebook.com/coinweb.io/
Youtube: https://youtube.com/channel/UCPpfLBsOO7XDB1zeFUzIxZA

Media contact:

PR partner: 316VC
Society: Coinweb
Name of the contact: Anton roos
E-mail: [email protected]
Website: https://coinweb.io/

THE SOURCE: Coinweb

See the source version on accesswire.com:
https://www.accesswire.com/680054/Coinwebs-Token-CWEB-To-Be-Listed-On-6-Major-Exchanges



From Deliveroo to Nightcap: the best and worst IPOs of 2021

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2

021 was a banner year for IPOs in the UK, with 108 listed companies, more than for all of 2020 and 2019 combined.

About two-thirds were in finance or technology and media, but the growth has spread. The main London market recorded its highest number of listings in four years, while IPOs on the junior AIM market fell from 16 in 2020 to 55 in 2021. The challenger Aquis Exchange has also seen more companies join its market in 2019 and 2020 together. The boom was fueled by pent-up demand built during the pandemic.

But bigger doesn’t always mean better. Some of the most famous names end the year far from their floating price.

A Deliveroo driver

/ REUTERS

“Deliveroo is on the speculative and high growth side and it has become less of an investor favorite,” said Neil Wilson, chief analyst at Markets.com. “Yes [it] can’t make money in a pandemic with everyone locked in, how will that be in the future? ”

Still, Deliveroo wasn’t the most obnoxious dish served on the stock market this year: the worst IPO of 2021 was Parsley Box, a Scottish PAO-focused meal delivery company whose chops of ground beef at £ 2.39 hasn’t whetted investor appetites. Its shares listed at 200p in March but are now down 77%.

“A lot of companies have entered the market after the 2020 recovery with very rich valuations, especially those in the ‘pandemic winner’ category,” Wilson said. “2021 has shown that these prices were probably never justified and inflated by the pandemic and the vast liquidity available to us as a result of fiscal and monetary easing. “

Shares of artificial intelligence firm Darktrace initially soared, helping it in the FTSE 100, but have quickly sank since then. It has now been relegated from the high-flying index but is up 59% from its IPO in April.

Susannah Streeter, Senior Investment Analyst at Hargreaves Lansdown, said: “There could be a comeback as there is a growing demand for sophisticated technologies to counter growing armies of cybercriminals. The ongoing digital switchover is likely to continue to open up new opportunities and markets for Darktrace as companies scale up operations to meet demand, while trying to keep their systems secure. ”

The best IPO of the year is the one you probably missed: Acceler8 Ventures, a front-buying company looking to take over a games, media, or software company. The names behind it seem to have won over small investors: Acceler8 ended this year up 285% from its July selling price of 100p. He said in September that he was “to continue[ing] pursue its investment and acquisition strategy and is currently evaluating national and international opportunities.

The AIM-listed Bens Creek Group, which extracts metallurgical coal used in steelmaking, also performed best thanks to growing demand for the metal. The shares have more than doubled since it was listed at 10%. per share in October.

Poppy Gustafsson, CEO of Darktrace

/ Poppy Gustafsson / Twitter

“There had been early indications that it would be a very popular IPO given that the initial offering was oversubscribed,” says Streeter. “The launch was seen as a vote of confidence for the London Stock Exchange as a worthy launching pad for both technology and pharmaceutical companies, especially given NASDAQ’s dominance in this space.”

Another success has been bar group Nightcap, owner of the London Cocktail Club and co-founded by former Dragons Den star Sarah Willingham. It is up 75% since it was listed at 10p per share almost a year ago on January 13, 2021.

London has maintained its position as the leading European market this year. Total IPO funds raised on the LSE exceeded £ 13.9 billion, ahead of Stockholm (£ 9.4 billion), Amsterdam (£ 7.2 billion) and Frankfurt (nearly £ 7 billion).

The Oxford Nanopore laboratory

/ Oxford Nanopore Technologies

Streeter is cautious: “The appetite will likely depend on the spread of the new variant and the effectiveness of the vaccines. Investors will be in a “wait and see” mode, assessing the global economic recovery, which is hampered by persistent supply chain problems. ”

Russ Mold, chief investment officer at AJ Bell, believes this year’s IPO boom will trigger more listings in 2022: if a particular industry or theme turns out to be particularly hot.

This will be the first year since the Financial Conduct Authority relaxed listing rules in a bid to make capital more attractive to tech companies after Brexit. Companies will be able to go public as little as 10% of their shares, up from 25% previously, and founders will be able to retain stronger control over companies.

“If we get an IPO boom [as a result of the relaxation], then investors will have to keep their cool, maintain their discipline, ensure quality control and fight against the fear of missing out, ”Molds adds.

All price data is correct as of December 17th and has been compiled by Hargreaves Lansdown for the Evening Standard.


Myland Developments trades on the Colombo Stock Exchange – Economic News

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From left to right: Rajeeva Bandaranaike, CEO of CSE, Chairman / Independent / Non-Executive Director of Myland Developments Limited WD Premachandra, Managing Director / Executive Director of Myland Developments Limited Nalin Perera, Executive Director of Myland Developments Limited Iresha Dissanayake, Independent / non-executive director of Myland Developments Limited Ajith Alahakoon, CSE CRO Renuke Wijeywardhane and managing partner of Atarah Capital Partners Rohan Senewiratne

Shares of Myland Developments Limited started trading on the Colombo Stock Exchange (CSE) yesterday.

The shares were listed on the board of directors of Diri Savi of the CSE in the sector “Real estate development”. The occasion was marked with a special bell ringing ceremony.

Representative Myland Developments Limited, Chairman / Independent / Non-Executive Director WD Premachandra, Managing Director / Executive Director Nalin Perera, Executive Director Iresha Dissanayake, Independent / Non-Executive Director Ajith Alahakoon joined the event.

Financial advisers and managers of the issue, Atarah Capital Partners was represented by managing partner Rohan Senewiratne.

The CSE was represented by Managing Director Rajeeva Bandaranaike and Regulatory Director Renuke Wijayawardhane at the event.

CSE CEO Rajeeva Bandaranaike, speaking at the ceremony, praised Myland Developments for its initiative to go public.

“Incorporated in 2017, Myland Developments has demonstrated promising growth in the industry and the steps taken by the company to enroll are laudable in developing the business interests of the company.

The real estate sector is experiencing impressive growth and it is important to have listed companies representing the sector, as the real estate sector is somewhat under-represented in the CSE market capitalization ”.
Speaking at the event, Myland Developments Limited Chairman / Independent / Non-Executive, WD Premachandra, said, “Although Myland Developments has a shorter history, we have many success stories to share.

Of these, we consider this IPO and listing to be the most valuable event in our short history that we have achieved. All this because we wanted to become a responsible corporate citizen.

When we list the company, we know that regulators will be vigilant about the things we do. Most importantly, investors will be watching what we do and the market will reflect the value of the things we do.

We see this as a great opportunity for us to run our business in the right direction. This is the main reason why we listed the company in the market.

Commenting on the event, Premachandra thanked the SEC, CSE, Atarah Capital Partners, Sampath Bank and their attorneys and auditors for the support provided during the IPO. Commenting on the listing experience, he added, “With this investor funding what we have now, we are in a better position to leverage and better negotiate with banks and landowners to sell when we buy. So this is a great advantage that we have. Finally, I must thank all these 2,884 investors who trusted us and our company for having invested in this IPO.

Ant Group Ends Crowdfunding-Funded Medical Coverage Program

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Ant Group Co. will end a popular but controversial “mutual aid” service, which offered crowdfunded medical coverage to many ordinary Chinese citizens, but which was frowned upon by the country’s insurance regulator .

The financial technology giant controlled by billionaire Jack Ma said on Tuesday that it informed its customers that Xianghubao, its online self-help program, would cease operations after January 28.

The free service had more than 100 million users in 2020, but the numbers have declined this year after Ant came under heavy pressure from Chinese authorities to reorganize its business and fully comply with financial regulations.

Since its deployment three years ago, Xianghubao users have regularly paid small amounts of money to fund lump sum payments of up to the equivalent of about $ 45,000 to members diagnosed with serious illnesses such as cancer. and stroke, or who suffered life-threatening injuries. He said on Tuesday that a total of 179,127 participants have received benefits from the program.

“Over the past year, the welfare industry has undergone significant changes,” Xianghubao’s notice told users, adding that it is coming to an end “in order to protect the rights and interests of all. longer-term participants “.

He said that from Tuesday until January 2022, existing participants would no longer have to bear the costs of settling claims. These would be supported instead by the program itself, he added. Users have 180 days to submit claims for diseases diagnosed before Xianghubao goes out of business, and approved claims will also be paid by the program, he said.

China’s banking and insurance regulator warned in September 2020 that self-help programs run by several Chinese internet companies had similar characteristics to insurance but were not supervised as such and could present risks. for individuals and businesses themselves.

When Ant filed for IPOs in Hong Kong and Shanghai last year, the company warned in its listing prospectus that its support service could become subject to regulatory oversight and considered a commodity. insurance.

He also noted that there was a risk that participants would drop the service or refuse to fund higher payments for claims, and the company might have to cover any shortfall. Ant canceled its successful initial public offering in November 2020 and has restructured its consumer lending, credit rating and other businesses over the past year to meet regulatory requirements.

Ant earlier this year considered turning Xianghubao, whose name means “mutual treasure,” into a regulated company or commercial product overseen by China’s banking and insurance regulator, the Wall Street Journal previously reported.

The company’s decision to end the welfare program follows the shutdown of more than 10 self-help services, including those operated by food delivery giant Meituan, Waterdrop Inc. and Baidu Inc.

Xianghubao recently had around 75 million users, which is a drop of about 25% from the end of 2020. In its last payment in two weeks, 3,571 people received a total of 556 million yuan, or $ 87 million, for approved claims. The business was not profitable.

Existing users of the service will have the option to purchase regulated commercial health insurance plans on another Ant platform, with coverage provided by PICC Life Insurance Co. or Sunshine Life Insurance.

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Supriya share opens at 55% premium

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Supriya Lifescience shares were listed on the NSE and BSE on Tuesday

Supriya Lifescience shares were listed at 55% premium and were trading at Rs 425 per share when it opened on the Bombay Stock Exchange

  • News18.com
  • Last update:December 28, 2021, 10:49 IST
  • FOLLOW US ON:

Supriya Lifescience IPO: Shares of pharmaceutical company Supriya Lifescience Limited made an exceptional listing on Dalal Street on Tuesday. Supriya Lifescience shares were listed at 55% premium and were trading at Rs 425 per share when it opened on the Bombay Stock Exchange or ESB. This has increased to Rs 151 from its issue price at the upper end of the price range. On the National Stock Exchange or NSE, the shares were listed at Rs 421 per share according to the data. The public issue was underwritten nearly 72 times when it opened earlier this month and received an excellent reception from investors.

Supriya Lifescience is one of India’s leading manufacturers and suppliers of Active Pharmaceutical Ingredients (“APIs”), with an emphasis on research and development. Supriya Lifescience’s IPO price range has been set at Rs 265 to Rs 274 per share.

Supriya IPO had planned to increase Rs 700 crore at the high end of the price range, but had already raised Rs 315 crore through key investors who booked the show on December 15, a day before the opening of the show. Supriya Lifescience’s IPO includes a new issue valued at Rs 200 crore, while Rs 500 crore will be an offer to sell (OFS) for selling shareholders.

Read all the latest news, breaking news and news on the coronavirus here.


China IPO rules, flight cancellations, holiday swaps – what’s moving markets

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by Daniel Shvartsman

Investing.com – The last week of the stock market has started off on an unsurprisingly quiet note. While investors are hopeful that a Santa Claus rally will end a good year on major indices, challenges remain on the Covid front, as the holiday weekend flight cancellations clearly show. The news from China of the new listing restrictions marks another reminder of the challenges the economic giant has posed for investors this year, and oil is starting the week off on the wrong foot. Here’s what you need to know about the financial markets on Monday, December 27.

1. Omicron wreaks havoc even if it is light

While much of the rally and the arrival at record levels last week relied on reports that the Omicron variant of Covid-19 is proving to be smoother than previous variants, or at least poses less of hospitalization risks, the holiday weekend was a reminder of the havoc the virus can still wreak on the economy.

Airlines canceled nearly 1,000 flights on Christmas Day in the United States due to staff shortages and, Southwest attests, to weather problems. US airlines are trading low as a group in pre-market trading. As the number of cases continues to reach new highs in places stretching from New York to Australia, the cancellations are a reminder that while the cases are less severe, as we all hope, the quarantine necessary or the recovery of mild cases can further erase an already strained economy.

Read also: Inflation, Omicron, Rate hike: what to expect from 2022

2. China establishes new overseas registration guidelines

China has issued new guidelines for companies to list stocks overseas. The guidelines are likely to make it more difficult for Chinese companies to list entities with variable rights holders – VIEs – abroad, but they provide a legal framework that will allow them to do so.

It remains to be seen whether, against the backdrop of a long year for Chinese stocks and several regulatory crackdowns in sectors ranging from education and games to casinos and technology, the new guidelines will be welcomed as a welcome relief as they offer certainty, or if they will be considered too harsh. Early reviews are bearish – Ali Baba (NYSE :), JD.com (NASDAQ :), Baidu (NASDAQ 🙂 and Didi Global Inc ADR (NYSE 🙂 are among the Chinese companies whose US quotes are trading down more than 1% in pre-marketing trade.

Read also: Can Chinese stocks rebound in 2022?

3. “Santa Claus Rally” or just a slow week?

US futures are slightly higher; they are trading up 0.3% at 7:40 am ET, while they are up 0.2% and 0.35%. The last week of the year is usually a slower trading week as it falls between the winter break, and there isn’t much economic news this week. European markets were slightly higher at midday, while Asian markets closed a little lower. The path of least resistance for markets this year has been higher, and the first indications for Monday are that we may be heading in that direction today. The question, after the S&P closed at historic highs last week, is whether there is that much margin left in 2021?

Read also: What to expect from global markets in 2022: Growth and rise of small caps

4. Oil starts the week down, at least in the US

Oil started the week down more than 1%, or at least did. Trade down 0.1% at 7:40 a.m. ET. Oil rose 4% yesterday amid general optimism over the omicron variant and the global economic recovery, so it remains to be seen whether this is just generic volatility or a reaction to cancellations. theft and slowing consumer travel during the normally busy holiday season.

Also Read: 5 Key Factors To Watch For Oil In 2022 As Demand Recovers

5. Diverging paths for memes stock stars?

Some of the most popular memes stocks may be in the spotlight today. On the one hand, GameStop Corp (NYSE 🙂 saw a price target cut from the already bearish Ascendant Capital, causing stocks to fall 0.5% in pre-market trading. On the other hand, Spiderman: No way home continued to score high at the box office, achieving $ 1 billion in global ticket sales – the first post-pandemic film to do so – and reaching $ 467 million at the U.S. box office. This could excite shareholders of AMC Entertainment Holdings Inc (NYSE :), although so far shares are down 0.6% pre-market. During this time, Sony Group Corp (NYSE :), which directed the film, is trading up 0.9%, showing that the market recognizes the economic importance of the news.

And if we’re talking memes, it’s up 2% early in the session, ahead of its key cryptocurrency counterpart, which only rose 0.6%.

Read also: 3 cutting-edge investment themes to watch in 2022

Check out our full series on Market Outlook 2022 here.

(Posted at 7:05 a.m. ET, updated at 7:43 a.m. ET)


Sensex above 57k, Nifty at 17k; HP 15% Premium Adhesives List

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Indian stocks fell on Monday as a global rise in cases of Omicron variants weighed on investor sentiment, with RBL Bank losing 20% ​​after its top executive resigned and the central bank appointed an executive to its board of directors. HP Adhesives shares have been listed on ??315 per share on the NSE on Monday, a premium of around 15% over its IPO issue price of ??274 each.

Dec. 27 2021, 10:56:02 IST

Clever above the 17,000 mark

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Source: NSE
Dec. 27 2021, 10:46:28 IST

Rupee slips

Dec. 27 2021, 10:36:34 AM IST

IndusInd Bank loses 4%

IndusInd Bank Ltd.

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IndusInd Bank Ltd.
Dec. 27 2021, 10:27:31 AM IST

Market opening view: Manish Hathiramani, Exclusive Index Trader and Technical Analyst, Deen Dayal Investments

“The index rebounded shortly after the open with a downward spread. The Nifty is volatile and traders need to make calculated moves as stops can be unforgiving. We need to break 16,800 on a close basis for that to happen. markets turn negative in the short term. On the upside we have a resistance cap at 17200-17300 and until we don’t break it the bias will continue to be on the short side. “

listElement-graph-11640581047015-123

listElement-graph-11640581047015-123

Dec. 27 2021, 10:20:26 IST

Supriya Lifescience IPO: GMP progresses ahead of stock listing

Supriya Lifescience Limited’s three-day initial public offering (IPO) was underwritten 71.51 times on the last day of the stock sale which ended on December 20. The base for allotment of Supriya Lifescience IPO shares was finalized last week and the shares are expected to be listed this week on Tuesday, December 28 on the major NSE and BSE exchanges.

Dec. 27 2021, 10:07:26 IST

HP Adhesives shares surge after being quoted as a bonus

HP Adhesives shares have been listed on ??315 per share on the NSE on Monday, a premium of around 15% over its IPO issue price of ??274 each. On BSE, shares of HP Adhesives began trading at ??319 per share.

Dec. 27 2021, 10:00:29 IST

IEX share price jumped 250% this year

An increase in renewables in India is expected to massively increase spot electricity trading, according to the country’s largest electricity exchange. Buyers will increasingly turn away from traditional long-term contracts in favor of cheaper renewables, said Rohit Bajaj, business development manager at Indian Energy Exchange Ltd.

What is the driving force behind the rally?

listElement-graph-11640579426466-224623

listElement-graph-11640579426466-224623

Dec. 27 2021, 09:53:07 IST

Reliance, Bajaj Finance, Infosys hang around Sensex

Contribution to the Sensex index

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Contribution to the Sensex index
Dec. 27 2021, 09:42:34 IST

Most sector indices in the red

Clever sector indices

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Clever sector indices
Dec. 27 2021, 09:33:04 IST

Five of 30 Sensex stocks in the green

Sensex actions

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Sensex actions
Dec. 27 2021, 09:26:20 IST

RBL Bank shares fall

RBL Bank shares plunged 10% to ??155 each on BSE in Monday’s opening deals after a series of worrying developments over the weekend. RBL Bank’s Vishawvir Ahuja stepped down as Managing Director and CEO, and the bank appointed Rajeev Ahuja as Managing Director and Interim CEO.

RBL Bank

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RBL Bank
Dec. 27 2021, 09:22:49 AM IST

Clever when opening

Source: NSE

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Source: NSE
Dec. 27 2021, 09:18:03 IST

Sensex loses 450 points at the opening

Source: ESB

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Source: ESB
Dec. 27 2021, 09:13:41 AM IST

Sensex in pre-opening

ESB Sensex

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ESB Sensex
Dec. 27 2021, 09:04:46 IST

Nifty in pre-opening

clever50

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clever50
Dec. 27 2021, 09:00:25 IST

HP Adhesives IPO stock listing today. Experts predict a “nice” premium

Shares of HP Adhesives Limited will hit the Indian stock market today. According to the information available on the ESB website, shares of HP Adhesives Limited will be listed and admitted for trading on ESB and NSE in the list of securities group “T” during a special pre-session. -opening. The script will be in the Trade-for-Trade segment for 10 trading days. According to stock market experts, shares in HP Adhesives Limited may have a good start and may be listed in the range of ??310 to ??350 levels per action.

Dec. 27 2021, 08:54:33 AM IST

Monday Daily Trading Guide

5 stocks to buy or sell today – December 27

Dec. 27 2021, 08:46:41 AM IST

Vodafone Idea, Indiabulls Housing continue to be banned by F&O on NSE; Zee outside

A total of three stocks were banned from trading on Monday, December 27, 2021 in the futures and options (F&O) segment by the National Stock Exchange (NSE). These securities were banned in the M&O segment because they exceeded 95% of the market wide position limit (MWPL), according to the NSE.

Indiabulls Housing Finance, Escorts and Vodafone Idea continue to be on the stock exchange‘s ban list for today. Whereas Zee Entertainment Enterprises, which was part of the ban in previous sessions, is off the list by the stock exchange on Monday.

Dec. 27 2021, 08:36:09 IST

Bitcoin, Solana win as Ether, Dogecoin and Shiba Inu fall

Cryptocurrency prices today were mixed with Bitcoin trading above $ 50,000 as the world’s most popular and largest cryptocurrency by market cap edged up to $ 50,624.

Check Cryptocurrency Prices Today

Dec. 27 2021, 08:25:06 IST

Global cases rise, China battles local outbreak

Coronavirus cases have increased across the world, with China reporting the most local cases over the weekend since January, darkening the year-end holiday period, Bloomberg reported.

Authorities have reported 162 locally transmitted cases, as an outbreak in the western city of Xi’an presents one of China’s biggest challenges to date for its Zero Covid policy. Singapore will make vaccination a condition for approving new applications and renewing existing long-term passes, work passes and permanent residences from February 1.

New daily omicron infections in the United States have overtaken those in the delta wave, CNN reported. US airlines cut more than 2,800 flights for the holiday weekend amid staff shortages linked to a spike in cases.

Virus tracker: The cases exceed 279 million; deaths exceed 5.39 million

Dec. 27 2021, 08:15:16 AM IST

Brent oil stabilizes near $ 76 as investors weigh on Omicron spread

Oil stabilized as investors weighed an increase in omicron cases against signs that the new strain is not as bad as previous waves.

Brent was little changed after losing 0.9% in the previous session. West Texas Intermediate, which was not traded on Friday due to a US public holiday, fell. The volume of daily U.S. infections with the new variant has now exceeded that of the Delta Wave, while China has recorded the highest number of cases since January.

The rally of crude from the depths of the pandemic has encountered headwinds over the past two months as investors gauged the demand challenge posed by omicron. At the same time, the Organization of the Petroleum Exporting Countries and its allies continued to increase supplies, and the United States led a coordinated release of oil from national strategic reserves.

Dec. 27 2021, 08:06:20 IST

SGX Nifty futures fell 31 points (0.18%) to 16,967 in early trades

Dec. 27 2021, 08:00:26 IST

Stocks to watch: Reliance, Future, RBL Bank, SBI Card, M&M

Here is the list of the top 10 actions likely to be in the spotlight today.

Dec. 27 2021, 07:50:09 IST

Mixed Asian stocks

Asian stocks were mixed and US equity futures were flat on Monday amid cautiousness as traders assessed cases of coronavirus spikes and a weekend pledge of greater economic support from the central bank from China.

Stocks fell in Japan and fluctuated in China, while S&P 500 and Nasdaq 100 contracts edged up after a historic high for US stocks on Thursday before the Christmas holidays.

The 10-year US Treasury yield fell, West Texas Intermediate crude fell, and gold fell. A dollar gauge ticked higher.

Reports said that new daily infections in the United States with the omicron virus variant have overtaken those from the delta wave, while China has recorded the highest number of local cases since January. Pathogen causes disruption, including cancellation of nearly 2,400 flights over U.S. holiday weekend

In China, the central bank on Saturday pledged greater support for the real economy and said it would make monetary policy more forward-looking and focused, amid easing expectations as the housing slowdown undermines the growth.

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HP Adhesives shares will be listed on the stock exchange tomorrow

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HP Adhesives shares will be listed on December 27

HP Adhesives, the stock of the multi-category consumer adhesives and sealants company, will debut tomorrow Monday, December 27.

Analysts said the company’s gray market premium (GMP) was Rs 80 on December 25, and listing gains are expected to be in the range of 20-30% on December 27 on the stock exchanges. .

HP Adhesives shares will be listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

The company’s initial public offering (IPO), open for subscription on December 15 and closed on December 17, was multiplied by 20.96.

It collected offers for 5.29 crore of shares against an IPO size of 25.28 lakh units. Individual investors showed maximum interest in the issue since their reserved portion was subscribed 81.24 times.

The portion of non-institutional investors was counted 19.04 times, and a portion reserved for qualified institutional buyers was subscribed 1.82 times.

The issue earned the company Rs 126 crore in the upper price range of Rs 274 per share.

The company manufactures a wide range of adhesives and sealants for consumers such as PVC, cPVC and uPVC solvent-based adhesives, synthetic rubber adhesives, PVA adhesives, silicone sealants, acrylic sealants, shellac gaskets. , other sealants and lubricants for PVC pipes.


India to start immunizing children aged 15-18 from January 3

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New Delhi, first published December 25, 2021, 10:01 p.m. IST

India will vaccinate children between the ages of 15 and 18 from January 3, 2022, Prime Minister Narendra Modi announced on Saturday. Addressing the nation, in which he urged citizens to remain vigilant against the Omicron variant but not to panic, Prime Minister Modi also announced a precautionary dosage for healthcare and frontline workers from January 10.

The Prime Minister also made a third important announcement. He said citizens over 60 with co-morbidities will also have the option of a precautionary dose of the vaccine from January 10 on the advice of their doctor.

Listing the pattern of India’s vaccination campaign, the PM informed that the number of vaccine doses administered had passed the 141 crore dose mark since the campaign began on January 16 this year. For this, Prime Minister Modi credited the collective efforts of frontline workers, doctors, citizens and scientists.

Claiming that the seriousness of the vaccine was identified early on and in parallel with research on the vaccine, Prime Minister Modi said work focused on the approval process, building a supply chain, distribution , training and construction of an IT support and certification system. This, he said, had ensured that 61% of the country’s adult population received both the vaccines and that 90% of eligible citizens received their single dose.

Reiterating that it is time to remain vigilant, Prime Minister Modi warned that Omicron cases were on the rise in many countries around the world. “In India today, the number of cases is increasing. Don’t panic, but stay alert. Use a mask and continue to wash your hands regularly,” he said.

“As the virus is mutating, our resolve is multiplying. Our spirit of innovation is also multiplying. has shown us that following individual guidelines is an excellent weapon in the fight against the virus. And the second weapon is vaccination. ”

While warning people against efforts to spread rumors, confusion and fear over the new variant of the virus, the prime minister assured that the country would soon develop a nasal vaccine and the first DNA vaccine in the country. world. He reiterated that India’s fight against the coronavirus has, from the very beginning, been based on scientific principles, scientific consultation and the scientific method.

The prime minister further said that the 11-month vaccination campaign had brought some normalcy back to the daily lives of people across the country. He said that the economic activities had been encouraging compared to many countries in the world. However, the Prime Minister again stressed that vigilance was of paramount importance given that the coronavirus was not yet gone.

Last updated on December 26, 2021 at 2:05 AM IST