Kobold Metals Secures $491 Million Investment Backed by Billionaires
Billionaires-Backed Kobold Metals Raised $491 Million Kobold Metals, a pioneering startup based in Berkeley, California, is on the verge of defining a new landscape in mineral exploration by utilizing artificial intelligence (AI). Recently, the company announced it has raised $491 million of its targeted $527 million in a significant funding round aimed at enhancing the […]
Survey reveals that Gen Z interns are fearful of AI and prefer flexible schedules
Gen Z interns are scared of AI and want flexible schedules: Survey Gen Z is an enigma to most employers. Bosses are both frustrated and pleasantly surprised by the young generation’s newfound expectations, often struggling with how to engage them. But one company is taking matters into its own hands by asking its intern class […]
West Oak Gold Announces Name Change to Silicon Metals, CUSIP & Symbol Change, Appointment of a New Corporate Secretary and Engagement of Omni8 Global for Investor Relations
Vancouver, British Columbia–(Newsfile Corp. – October 10, 2024) – WEST OAK CORP. (CSE: WO) (“West Oak” or the “Company“) is pleased to announce the changing of its corporate name to “Silicon Metals Corp.” effective as of today. Also, the Company announces a new CUSIP number of 82706E104 and a new trading symbol of “SI“. The Company’s shares […]
Beijing’s Stimulus Measures Insufficient to Revitalize China’s Economy
Valerio Baselli: Hello and welcome to Morningstar. Volatility is back in China. Chinese stocks jumped by over 10% as trading restarted after the Golden Week holiday, but fell back right after. Investors now hope to get more information and above all wonder if the government plans to support economic growth will be enough to revive […]
API Data Shows Significant Increase in U.S. Crude Oil Inventories
API data reveals huge rise in US crude oil inventories Crude oil inventories in the US rose by 10.9mbbl during the week ended 4 October, data from the API showed. The body, the largest US trade association for the oil and gas industry, reported that gasoline inventories fell by 557,000bbl. Meanwhile, distillate inventories also declined […]
Our Perspective on the Major Rally in China’s Real Estate Market
We think the recent buying frenzy in China real estate names was induced by incremental policy easing and investors’ reignited sentiment, rather than a rebound in durable home demand. While policy relief has lifted home sales in select key cities, this may be short-lived as home price weakness will likely persist amid oversupply. We also […]
Wall Street Climbs Toward Record Highs Following Shanghai’s Biggest Decline Since Early COVID
Wall Street rises toward records after Shanghai’s worst drop since early COVID New York – U.S. stocks are holding firm Wednesday following the latest scary swerves for markets in China. The S&P 500 was up 0.5% in midday trading and on track to top its all-time high set last week. The Dow Jones Industrial Average […]
Gold (XAU/USD) Revisits $2500/oz Mark Ahead of Powell’s Remarks at Jackson Hole
Gold (XAU/USD) Retests $2500/oz Ahead of Powell’s Jackson Hole Remarks Gold prices retest $2500/oz ahead of Fed Chair Powell’s Jackson Hole speech. Gold’s rebound in the European session and technical analysis suggest bullish momentum. September rate cuts likely already priced in. What impact will Powell’s remarks have? Most Read: Japanese Yen Price Action Ideas: USD/JPY, […]
China’s Finance Ministry to Announce CNY2 Trillion Fiscal Stimulus Package on October 12
China’s Finance Ministry set to announce CNY2 trillion fiscal stimulus package on Oct 12 Reuters reported on Wednesday that China’s Finance Ministry is set to roll out a 2 trillion Yuan fiscal stimulus package on October 12. The fiscal stimulus will be announced to support economic growth so that they can achieve a 5% Gross […]
£1.9 Billion Annual Investment Urged for Transitioning Oil and Gas Workers to Clean Energy Careers
Call for £1.9bn a year to help oil and gas workers move into clean energy Climate groups are calling for £1.9 billion a year to support offshore oil and gas workers and communities through the shift to renewable energy. In a move endorsed by leading UK trade unions, 65 organisations have written to Chancellor Rachel […]