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Tesla announces a Five for One Stock split

Tesla announces a Five for One Stock split

Tesla (NASDAQ: TSLA) announced a planned 5-for-1 stock split after the market closed on Tuesday, a move that could make the stock more attractive to price-sensitive investors. Tesla's stock made an incredible run on 2020 in 2020 and is up 229% to date. The …

August 14, 2020• 1 min
A new documentary sets the spotlight on medical cannabis

A new documentary sets the spotlight on medical cannabis

A new documentary due to be released later this month takes an in-depth look at the science behind cannabis as medicine, from the pioneering researchers who first discovered the healing powers of cannabinoids, to the pioneering patients who lived through the …

August 14, 2020• 2 min
Crudo Oil Supply in the USA shrinks by 4.4m barrels

Crudo Oil Supply in the USA shrinks by 4.4m barrels

The American Petroleum Institute reported that 4.4 million barrels of oil were withdrawn in the week ended Aug. 7. The gasoline inventory reportedly yielded 1.31 million barrels, the distillate inventory yielded 2.95 million barrels, and the Cushing inventory …

August 14, 2020• 1 min
Russia is aiming to become of the largest gold producers in the world

Russia is aiming to become of the largest gold producers in the world

Despite some disruption caused by the Covid-19 pandemic, Russia is expected to overtake China as the world's leading gold producer by 2029, with an average annual growth of 3.7% between 2020 and 2029. This forecast was presented in a report by Fitch Solutions …

August 14, 2020• 2 min
Overstock sets IPO price at $84.50

Overstock sets IPO price at $84.50

Overstock.com (NASDAQ: OSTK) has valued its enlarged public offering of 2.1 million (out of 1.7 million) common shares at a price of $ 84.50 per share, resulting in expected gross proceeds of 177.45 million. $ equals. The over-allotment by the syndicate banks …

August 14, 2020• 1 min
Skeena and Barrick finalize option deal for Eskay Creek project

Skeena and Barrick finalize option deal for Eskay Creek project

Barrick Gold (TSX: ABX) (NYSE: GOLD), the world's second largest gold miner, announced Tuesday that Canadian junior firm Skeena Resources (TSX-V: SKE) has decided to open an option to purchase a 100% stake on the former manufacturing property Eskay Creek. …

August 13, 2020• 2 min
Malaysia confirms licenses for Lynas´waste disposal project

Malaysia confirms licenses for Lynas´waste disposal project

Malaysia has approved the application by Australian rare earth mine operator Lynas Corp (ASX: LYC) to build a permanent disposal facility for waste treatment, a minister said Tuesday. The miner, the world's only major rare earth producer outside of China, can …

August 13, 2020• 2 min
Nextleaf Solutions is on the verge to becoming a pharmaceutical company

Nextleaf Solutions is on the verge to becoming a pharmaceutical company

Nextleaf Solutions Ltd. ("Nextleaf", "OILS", or the "Company") (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA), Canada's Most Innovative Cannabis Extractor, announced today that the United States Patent and Trademark Office announced the company granted a patent for …

August 13, 2020• 2 min
Facebook accused of smear campaign by TikTok owner

Facebook accused of smear campaign by TikTok owner

ByteDance, the owner of the troubled short video app TikTok, has accused Facebook of plagiarism and defamation amid pressure from the Trump administration to sell Tiktok to a US company under pressure of time. ByteDance made that comment in a statement posted …

August 13, 2020• 2 min
Can a digital yuan break Alibaba´s and Tencent´s payment dominance?

Can a digital yuan break Alibaba´s and Tencent´s payment dominance?

The People's Bank of China (PBOC) reportedly plans to use its central bank digital currency, formally known in China as the Digital Currency Electronic System (DCEP), to target the dominance of tech giants like Alibaba and Tencent in the digital payments …

August 13, 2020• 2 min