Newsletter
Strong floodings let China face energy supply problems
Within a few days, an entire annual rain fell in central China, devastating the city of Zhengzhou with a population of 5 million and killing dozens when the floods inundated Henan Province. The flash flood brought at least 10 trains with a total of 10,000 …
Amazon has taken its first steps into the cannabis industry
The e-commerce giant Amazon is officially lobbying for cannabis. The company officially registered this week to support the MORE Act, a bill to end federal criminalization of cannabis. This is important news as it could help make legislation a reality. "I'm …
Alphabet to pay major fine in France
The French competition authority fined Alphabet Inc. Class C (NASDAQ: Demokratie) a $ 593 million fine for allegedly ignoring an order requiring it to negotiate paid deals with news publishers. This puts pressure on Google in a global battle over whether and …
5 things to consider regarding hydrogene as ship fuel
Green hydrogen could play a crucial role in the maritime industry's journey towards decarbonization. Produced by electrolysis, H2 is free of carbon emissions and could be available worldwide in the future - as marine fuel or as a key to synthetic fuels. Many …
LVHM´s Private Equity Subsidiary reveals plans to purchase Etro
L Catterton, a private equity firm backed by French luxury giant LVMH, has agreed to buy a 60 percent stake in Italian fashion company Etro, two sources familiar with the matter said on Sunday. Etro valued the deal at around 500 million euros ($ 590 million), …
US Anti Doping Authorities are calling for new cannabis rules
The U.S. Anti-Doping Agency (USADA) says it wants more flexible rules for athletes who test positive for cannabis after reports that the White House was holding a meeting with the World Anti-Doping Agency (WADA) seeks to discuss easing restrictions. The debate …
Johnson & Johnson wants to outsource baby powder litigation costs
Johnson & Johnson (NYSE: JNJ) is considering a plan to outsource the liabilities from the widespread baby powder litigation to a newly formed company that would file for bankruptcy protection, according to seven people familiar with the matter. During the …
FansUnite closes 25m dollar financing
FansUnite Entertainment (FANS.C) announced the completion of its IPO for gross proceeds of $ 24,792,390. FANS put 27,547,100 units on the offering, which sold at $ 0.90 each. Each unit consisted of one share and half a warrant for one common share. Each full …
Gold price chart shows sign of another correction
Should bear pressure increase and break the $ 1,818 level, the price could fall to the support levels at $ 1,789, $ 1,741 and $ 1,680. Should the bears fail to break the $ 1,818 level, the price could move further towards the $ 1,845 resistance level before …
Here are three psychedelics stocks you should watch
ATAI Life Sciences N.V. (ATAI), Compass Pathways Plc (CMPS), and Mind Medicine Holdings (MNMD) are three stocks engaged in the commercialization of psychedelics for medical use. Investors should keep them on their radar as they have massive long-term …