© Kshitij Anand Trade Spotlight: Apollo Hospitals, Tata Motors, & Bajaj Finance in focus The Indian market posted its biggest fall in four months on September 24. The S&P BSE Sensex fell by more than 1,000 points while the Nifty50 breached 10,900 levels. The index is trading near crucial support […]
Finance
Project Finance Startup Unety Partners With ecoAmerica to Save 16 Million Metric Tons of CO2
NEW YORK, Sept. 24, 2020 /PRNewswire/ — Unety, a novel platform that democratizes financing to upgrade commercial buildings, today announced the launch of a nationwide partnership with ecoAmerica, one of America’s largest environmental non-profits serving several sectors including the faith community. As the technology backbone for ecoAmerica’s Blessed Tomorrow program, […]
Hunt Companies Finance Trust Announces Quarterly Dividend Increase
NEW YORK, Sept. 17, 2020 /PRNewswire/ — Hunt Companies Finance Trust, Inc. (NYSE: HCFT) (“we”, “HCFT” or “the Company”) announced the declaration of a cash dividend of $0.085 per share of common stock with respect to the third quarter of 2020, which represents a 13% increase over the second quarter of 2020 dividend of […]
President Kiir fires South Sudan’s finance minister
September 16, 2020 (JUBA) – South Sudanese President Salva Kiir has sacked the finance minister Salvatore Garang from office on Wednesday apparently for his failure to ensure regular salary payment of government workers. © Provided by Sudan Tribune Salvatore Garang (ST photo) In a presidential decree broadcast by the official […]
Total government liabilities rise to Rs 101.3 lakh crore in Q1: Finance ministry report
© Provided by CNBCTV18 Total government liabilities rise to Rs 101.3 lakh crore in Q1: Finance ministry report Total liabilities of the government increased to Rs 101.3 lakh crore at end-June 2020 from Rs 94.6 lakh crore at end-March 2020, according to the latest data on public debt. The total […]
How Ethereum’s DeFi Darling YFI Reached $1 Billion In 2 Months
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Ethereum-based yearn.finance and its governance token YFI evolved into a major DeFi player. LightRocket via Getty Images Yearn.finance’s native governance token, YFI, is now the second-biggest decentralized finance (DeFi) coin in the cryptocurrency market. Its market capitalization has surpassed $1.1 billion just one and a half months after its launch. […]
Hungary extends loan moratorium as economy struggles to recover from pandemic
By Krisztina Than © Reuters/BERNADETT SZABO FILE PHOTO: Hungarian Finance Minister Mihaly Varga speaks during a business conference in Budapest BUDAPEST (Reuters) – Hungary will extend a moratorium on loan repayments for some households and companies until the middle of 2021, as its finance minister warned the economy could struggle […]
House to investigate DeJoy’s possible campaign finance law violations
WASHINGTON (AP) — House Democrats said Tuesday they will investigate whether Postmaster General Louis DeJoy encouraged employees at his former business to contribute to Republican candidates and then reimbursed them in the guise of bonuses, a violation of campaign finance laws. Five people who worked for DeJoy’s former company, New […]
UK court to hear compensation case of London Capital & Finance bondholders
LONDON, Sept 8 (Reuters) – A British court has given the green light for a compensation case brought by bondholders suffering losses from the collapse of London Capital & Finance (LCF) to be heard, lawyers said on Tuesday. The bondholders are seeking a judicial review of how their claims for […]
Forecast deficit in B.C. grows to $12.8 billion under COVID-19
British Columbia is forecasting a $12.8-billion deficit for the 2020-21 fiscal year. The deficits are driven by the economic impact of the novel coronavirus pandemic, but there is some optimism from the B.C. government based on recent job numbers. Finance Minister Carole James has outlined the financial picture based on […]
DeFi Protocol Linear Finance Raises $1.8M in Seed Round
Decentralized finance (DeFi) protocol Linear Finance announced the completion of a $1.8 million seed round Wednesday. NGC Ventures, Hashed, CMS Holdings, Genesis Block and Kenetic Capital led the investment, while Alameda Research, Evernew Capital, Soul Capital, Moonrock Capital, Black Edge Capital and PANONY also participated, according to a press release. […]
Postmaster Louis Dejoy Investigated By House Oversight Committee For Campaign Finance Violations
KEY POINTS The House Oversight Committee announced an investigation into Postmaster General Louis Dejoy following allegations of circumventing campaign finance laws Former employees say Dejoy pressured and compensated workers for donations through his fundraisers Dejoy is also accused of reducing postal capacity ahead of the 2020 presidential election The House Oversight […]
DiscGenics Appoints Former Medtronic Spine and Biologics Finance Executive as First Chief Financial Officer
SALT LAKE CITY, Sept. 10, 2020 /PRNewswire/ — DiscGenics, Inc., a clinical stage biopharmaceutical company developing regenerative cell-based therapies that alleviate pain and restore function in patients with degenerative diseases of the spine, today announced it has appointed former Medtronic Spine and Biologics finance executive, Jeff Poole, as its first Chief […]
Have Insiders Been Buying Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Shares?
TipRanks Wells Fargo: 3 Stocks That Could Climb Over 50% A speculative fever from the bulls pushed the market to historic heights, but have the bears now been vindicated? Following a record breaking five-month rally, stocks have dipped from their record highs. The recent decline had been preceded by warnings, […]
Howard County announces new directors of public works, finance departments
Howard County Executive Calvin Ball on Friday announced the appointments of new directors of the public works and finance departments. © Photo courtesy of Howard County government/The Baltimore Sun/TNS Rafiu Ighile, left, will take over as Howard County’s new director of finance, while Tom Meunier is the county’s new director […]
New Mountain Finance Corporation Announces Transfer of Listing from the New York Stock Exchange to the NASDAQ Global Select Market
New Mountain Finance Corporation (NYSE: NMFC) (the “Company”, “we”, “us” or “our”) today announced that it has completed the application process and has been authorized to transfer the listing of its shares of common stock, par value $0.01 per share (the “Common Stock”), and its 5.75% Notes due 2023 (the […]
Thailand’s Finance Minister Resigns Less Than Month Into Job
(Bloomberg) — Thailand’s finance minister resigned less than a month after he took office, injecting more uncertainty into an economy already reeling from its worst crisis in decades. The nation’s currency tumbled the most since July. The resignation of Predee Daochai, a former co-president of Kasikornbank Pcl, will be effective […]
Utility Over Decentralized Finance: DeFi vs. CeFi
By Alex Mashinsky When the Industrial Revolution began, the gold standard was in place to help remove the risks of currency fluctuations from international trade and prevent governments from printing money and inducing inflation — the same type of fiat inflation we are seeing now, almost 100 years later. As […]
Merkel Government in Focus as Lawmakers Push Wirecard Probe
(Bloomberg) — German lawmakers plan to start an in-depth investigation into Wirecard AG’s collapse after key officials from Chancellor Angela Merkel’s government and financial watchdogs failed to put an increasingly political issue to bed. © Photographer: Thomas Kronsteiner/Getty Images Europe VIENNA, AUSTRIA – AUGUST 27: Traffic is reflected in the […]
4 Finance Stocks That Beat S&P 500’s Sizzling August Rally
After witnessing a volatile first half of the year due to the pandemic-led concerns, the S&P 500 has recorded its best August in the past 36 years, soaring about 7%. Of the 11 S&P 500 sectors, nine witnessed growth. Major technology companies’ resilience to the coronavirus crisis heavily supported the […]