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Ant Group´s IPO is currently on hold

Ant Group´s IPO is currently on hold

China halted the $ 37 billion initial public offering (IPO) of Alibaba Holding (NYSE: BABA) affiliate Ant Group a day after regulators interrogated its founder, Jack Ma. The suspension has sparked uncertainty about the future of the financial tech company and …

November 10, 2020• 2 min
Gold down 100 USD but economic outlook still bad

Gold down 100 USD but economic outlook still bad

Gold fell nearly $ 100 on a wild morning on Monday, but so far it has remained at critical support levels after Pfizer and BioNTech announced a potential vaccine against the COVID-19 virus. However, some analysts warn that the selling pressure appears to be …

November 10, 2020• 3 min
Starbucks takes further step towards Asia

Starbucks takes further step towards Asia

Starbucks (NASDAQ: SBUX) plans to open its first Laos store in the capital, Vientiane, by summer 2021. Laos will be the 17th Asian market in which the company operates. "We are excited to bring the Starbucks experience to Laos, which has a rich coffee-making …

November 9, 2020• 1 min
According to a new study, cannabis is no longer particularly controversial

According to a new study, cannabis is no longer particularly controversial

If there is one thing that all Americans can agree on right now, it is how divided we are on most of the major issues in the nation. Yet despite this significant gap, there is one other thing on which both sides obviously agree: cannabis. While it's still …

November 9, 2020• 2 min
Oman is shifting its focus towards natural gas

Oman is shifting its focus towards natural gas

Oman mastered all the countless challenges of 2020 with considerable flair, even if the year began with the untimely demise of Sultan Qaboos, then came the coronavirus pandemic and the renewed OPEC + production cuts, which had the double effect of lower prices …

November 9, 2020• 2 min
British aviation companies calling for further government support

British aviation companies calling for further government support

The UK's airports and airlines are in desperate need of support to survive the "very bleak future" looming through a new lockdown in England, warned the head of one of the country's largest airport groups. The very low volume of travel in recent months has put …

November 9, 2020• 2 min
Lupaka Gold is sueing the Peruvian government

Lupaka Gold is sueing the Peruvian government

Lupaka Gold (TSX-V: LPK) has filed a petition with the World Bank's International Center for Settlement of Investment Disputes for arbitration over what it believes is insufficient support for the Peruvian government in a social conflict who has brought all …

November 9, 2020• 3 min
Osisko is planning to re-vive the Barkerville Gold Mine

Osisko is planning to re-vive the Barkerville Gold Mine

The next new gold mines in British Columbia could go into production as early as 2022, with the promise of the historic Barkerville region in B.C. to breathe life again. Osisko Gold Royalties Ltd. (TSX, NYSE: OR) completed a reverse acquisition of shell …

November 8, 2020• 3 min
FDA allows resumption of prostate cancer therapy study

FDA allows resumption of prostate cancer therapy study

Poseida Therapeutics (NASDAQ: PSTX) Jumps 15% Ahead of Market on its Heels Announcing FDA Removal of Clinical Control of Phase 1 Study of P-PSMA-101 in Metastatic Castration Resistant Prostate Cancer; the company plans to resume the study immediately. Last …

November 8, 2020• 1 min
Europe could raise the legal cannabis level

Europe could raise the legal cannabis level

Big day for European hemp farmers and the CBD industry as the approval of THC in industrial hemp has been decided by parliament. Although it is still low compared to countries like Switzerland, this THC limit increase in Europe would certainly loosen it up. A …

November 8, 2020• 4 min