November 13, 2023 BY Elizabeth Anderson

Could China’s high-tech manufacturing loans ring a warning bell for cheap exports

Experts typically look at the lending trends of China’s central bank to determine which sectors the government prioritises above others. A year-on-year comparison shows loans to the embattled Chinese property sector dropped by 0.2% while those to the manufacturing sector surged by 38.2%. Financial analysts warn that although this may look similar to the uptick…

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November 10, 2023 BY Elizabeth Anderson

Cauldron Energy begins drilling program in Melrose, Australia

The new drilling operation aims to investigate historical geochemical nickel anomalies that have been identified in recent electromagnetic surveys. Notably, Parle Investments Pty Ltd, a seasoned investor in the uranium sector, has emerged as a substantial shareholder, endorsing Cauldron's unwavering commitment to uranium exploration. Cauldron has received a further $1.47m endorsement from outside investors. Don’t…

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November 10, 2023 BY Elizabeth Anderson

ThinkMarkets Launches New Mini Account Featuring Dynamic Leverage up to 2000:1

The Mini Account effectively lowers the barriers of entry for new traders with a minimum deposit requirement of just $10 and offers a comprehensive trading environment encompassing 50 of the most popular financial instruments across FX, indices, precious metals, energies & cryptocurrencies. Accommodating the needs of its diverse clientele, ThinkMarkets has optimised the Mini Account…

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November 10, 2023 BY Elizabeth Anderson

AstraZeneca’s Q3 financial report bodes profit growth

This is the third consecutive quarter that the company came in ahead of analyst predictions. Chief executive officer (CEO) of the Cambridge-based pharmaceutical enterprise, Pascal Soriot, said: Our company continued its strong growth trajectory in the third quarter with Total Revenue from our non-COVID-19 medicines up 13% compared to last year. To boost its future…

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November 09, 2023 BY Elizabeth Anderson

Grayscale fights SEC for looser restrictions on trust products

Grayscale’s GBTC operates as a spot bitcoin exchange-traded product (ETP), more commonly known as an ETF.  The SEC's involvement in negotiations with Grayscale signifies a critical step in the potential approval of several ETFs for the crypto industry. If the approval goes ahead, the entry of everyday investors into the digital asset space could be…

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November 09, 2023 BY Elizabeth Anderson

Fox appoints Adam Ciongoli as its new chief legal and policy officer

At present Ciongoli is the executive vice president, general counsel and chief sustainability, corporate responsibility and governance officer for the Campbell Soup Company (CPB). In his new capacity, he will report directly to Lachlan Murdoch, the executive chair and chief executive officer (CEO) of Fox. Ciongoli has nearly 30 years of legal experience in the…

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November 08, 2023 BY Elizabeth Anderson

Bayer considers a business split after 2023 financial performance projections

Bayer’s chief executive officer, Bill Anderson, said: We are looking closely at our structural options. We have an expert team – including external financial advisors – evaluating them. They’re reviewing market conditions, what structural changes would mean for our value creation, one-time costs and dis-synergies, cash flows and leverage ratios, tax leakage, and other criteria.…

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