UK Court Orders Barrick to Pay $2 Million to Dealmaker Hannam in Randgold Merger Case
Canada’s Barrick Gold must pay British dealmaker Ian Hannam’s firm $2 million plus expenses for his work on the acquisition of gold miner Randgold Resources, London’s High Court ruled on Wednesday. Hannam was formerly one of JPMorgan’s top rainmakers and nicknamed the “king of mining” for his record of brokering deals in the resources sector, […]
Global Markets Update: S&P 500 and Nasdaq Dive Up to 2% — Is a Major Correction Looming for the US Stock Market?
Global markets today: S&P 500, Nasdaq crash up to 2%; is a bigger correction coming in the US stock market? Hit by fears of a deeper trade war and its economic fallout, as well as a potential US government shutdown by the weekend, major Wall Street indices- the S&P 500 and the Nasdaq- crashed up […]
Square Financial Services Expands to Offer Cash App Borrowing Solutions
Square Financial Services to Service, Originate Cash App Borrow Block said Thursday (March 13) that its industrial bank, Square Financial Services (SFS), received approval from the Federal Deposit Insurance Corp. (FDIC) to offer the company’s consumer loan product Cash App Borrow. SFS will begin servicing and originating Cash App Borrow loans nationwide in the coming […]
US Stock Market Enters Correction Phase
Stocks continued their slide on Monday, sending the Morningstar US Market Index into correction territory. Over the past few weeks, mounting anxiety surrounding tariffs, slowing economic growth, and the unwinding of the mega-cap growth trade have sent stocks sharply lower. In Wall Street lingo, a correction happens when stocks fall more than 10% from their […]
Drone-Based Gas Leak Detection Market in Oil & Gas: Future Outlook and Trends
Drone-Based Gas Leak Detection Market in Oil & Gas to Experience The global drone-based gas leak detection market(https://www.transparencymarketresearch.com/drone-based-gas-leak-detection-in-oil-and-gas-market.html), valued at US$ 4.0 Bn in 2023, is forecast to grow at a CAGR of 6.1% from 2024 to 2034, reaching US$ 7.8 Bn by the end of the forecast period. A surge in efforts to limit […]
Intel: Company Maintains Focus on Products Amid Lip-Bu’s Involvement
We maintain our fair value estimate of $21 per share and Standard Capital Allocation Rating for Intel INTC as the company announced former board member and well-respected semiconductor industry veteran Lip-Bu Tan as its new CEO. Reuters reported in December that Tan was being considered for the role. We view this as a wise hire […]
Top Global Stock Funds for Canadian Investors
Investing in global stocks can provide diversification, but the wide variety of markets can make it difficult to navigate individual securities. Global stock exchange-traded funds can be an easy way to get diversified exposure to world markets. To help investors pick the right global stock ETFs, we screened for names with Morningstar Medalist Ratings of […]
Exxaro’s New CEO Ben Magara Pledges Commitment to Battery Metals
New Exxaro boss Ben Magara commits firm to battery metals Ben Magara Appointed New CEO of Exxaro Resources Amidst Strategic Shift EXXARO Resources has announced the appointment of Ben Magara as its new Chief Executive Officer, effective April 1. The decision follows a period of significant leadership changes and will see Magara succeed interim CEO […]
Bolivia’s New State Gold Trader Aims for $1 Billion in Purchases This Year
Stock image. Bolivia’s new state gold trading firm plans to quadruple purchases this year as a way of boosting reserves of the high-flying metal for the nation’s struggling central bank. Known as Epcoro, the company has already bought a ton of gold this year from small-scale Bolivian producers, compared with a total of 2.4 tons […]
Brent Crude Update: Oil Prices Surge as EIA Lowers Oil Surplus Forecasts
Brent Crude Update – Oil Prices Rally as EIA Reduces Oil Surplus Estimates Most Read: Dow Jones (DJIA), S&P 500 Under Pressure as Record Cash Levels Suggest More Downside Ahead Brent crude prices are up around 1.55% at the time of writing as the commodity attempts a sustained recovery. U.S. government data revealed that oil […]