Newsletter
The California Cannabis Equity Alliance demands stronger Social Equity focus
California has long received criticism for not being an inclusive social justice space and for taking the steps some other states have taken with regard to inclusion. Now, a group of social justice leaders from across the state who form the California Cannabis …
AbbVie beats Sales Forecast in the First Quarter of 2021
AbbVie Inc. (NYSE: ABBV) said it expects the demand for cosmetic treatments such as botox in Brazil and Europe to rebound in the second half of this year as nations lift restrictions and measures to curb the spread of COVID- 19 facilitate. The company reported …
Inflation Escalating Fast With Devasting Consequences For the Unprepared
While government officials and central bankers have gone into overdrive trying to distract you from inflation, the savviest investors worldwide are quietly getting ready for the potential of financial chaos and wealth destruction sweeping throughout the world.
LNG from Asia is at a 4-months high
Asian liquefied natural gas (LNG) spot prices rose to a nearly four-month high this week as cargoes were pulled in Europe amid firm demand for inventory replenishment and power generation in the summer, trade sources said Friday. The average price of LNG for a …
India´s car industry not expecting a quick recovery
India's leading association of auto dealers said Monday that sales will take longer to recover than after the first wave of COVID-19 infections last year as the virus spreads to villages and smaller towns. Auto sales, particularly automobiles and sport utility …
Cronos continues to lose large sums of money in Q1
Since the legalization of recreational smoking in Canada in 2018, the once-hyped manufacturer Cronos Group Inc. (TSX: CRON) (Nasdaq: CRON) has continued to amass losses and report poor revenues. On Friday, the Ontario-based company reported a net loss of $ 161 …
European Union to increase production autonomy in strategic sectors
The European Union is planning new rules for foreign investment to increase production autonomy for sensitive strategic goods within the bloc. The measures will hit China as relations between the two countries, which had improved rapidly over the past year, …
Uber now offers a Vaccine Appointment Feature
The Covid-19 outbreak has slowed many companies, and it hasn't spared Uber Technologies Inc (NYSE: UBER) either. Things seem to be changing with the discovery of vaccines by some leading companies, and Uber looks forward to better times marked by increased …
Green Revolution is a boost for container shipping companies
Product tankers operating in Europe could see a welcome surge in demand due to the "green" revolution underway on the continent. In its latest weekly report, shipbroker Gibson writes: "There is no doubt that the green revolution is underway and that Europe is …
The European Commission investigates Apple over anti-competitive behaviour
The European Commission has conducted its investigations into the anti-competitive behavior of Apple Inc. (NASDAQ: AAPL) and has now come to the rescue. The agency has issued a statement against the company to curb its anti-competitive behavior. The panel's …