Author: FX
© Reuters. FILE PHOTO: A engineer works in the water filter company Mitte in Berlin, Germany, January 21, 2020. Picture taken January 21, 2020. REUTERS/Axel Schmidt/File Photo BERLIN (Reuters) – Germany is well positioned in education levels when compared with its European peers, but a study conducted by the IW economic institute showed that this privileged position could be at risk. Having a strong education and vocational training system is important to Germany’s economy, Europe’s largest, which relies on skilled labour to support its high-end products and services. “Germany has been left behind to a certain extent in the strong…
Crypto will play a “major role” in the United Arab Emirates’ global trade moving forward, says the UAE’s minister of state for foreign trade Thani Al-Zeyoudi. Speaking with Bloomberg on Jan. 20 in Davos Switzerland — where world leaders are currently gathered for the 2023 World Economic Forum — Al-Zeyoudi provided a host of updates regarding the UAE’s trade partnerships and policies heading into 2023. Minister Thani Al-Zeyoudi: BloombergContinue Reading on Coin Telegraph Source link
da-kuk Australian cleantech SolarJuice (SJA), a spinout of SPI Energy (NASDAQ:SPI), has proposed terms for a downsized $20M US initial public offering. SolarJuice said in a filing that it was considering offering 2.5M ordinary shares priced between $7 and $9, which would raise around $20M if priced at the midpoint. After the offering, SPI will still control a majority of the voting power in SolarJuice. Underwriters would be granted a 45-day option to buy up to 375K additional shares. Maxim Group is serving as lead bookrunner. The company hopes to list its shares under the symbol SJA. The company has…
S&P 500, VIX, Dollar, Recession and Earnings Talking Points:The Market Perspective: S&P 500 Eminis Bearish Below 3,900; USDJPY Bullish Above 127.00Despite some provocative event risk (China GDP, BOJ decision) and some bouts of acute volatility (USDJPY, S&P 500), the broader market avoided convictionAs the benchmark US index teases another 200-day SMA break and the DXY holds its extremely tight range, a run of top event risk in the week ahead raises the stakes for breaks Recommended by John Kicklighter Get Your Free Top Trading Opportunities Forecast We have closed out the third week of the new trading year, but the…
© Reuters. FILE PHOTO: Smoke and flames rise from a building during the ‘Take over Lima’ march to demonstrate against Peru’s President Dina Boluarte, following the ousting and arrest of former President Pedro Castillo, in Lima, Peru January 19, 2023. REUTERS/Pilar O LIMA (Reuters) -Peru’s capital, Lima, awoke on Friday to find one of the city’s most historic buildings burnt to the ground after another night of anti-government protests that extended across the country, as the president vowed to get tougher on “vandals.” The destruction of the building, a near-century-old mansion in central Lima, was described by officials as the…
A heads up for Asian timezone holidays coming up next week. There are a lot of them. Singapore and Hong Kong are major forex trading centres so their absence will create a big hole in FX market liquidity. China is the world’s second-largest economy and while not a major centre for global forex trade their absence will reduce customer flows. So, here we go with the holidays in Asia next week. All these pics are from timeanddate.com.CHINA:HONG KONG:SINGAPORE:Even Australia is slipping in a national holiday next week:New Zealand has a local-only holiday in the capital Wellington: Source link
jxfzsy Israeli cleantech Enlight Renewable Energy (ENLT) (OTCPK:ENLTF) has filed for a $100M US initial public offering. Enlight didn’t disclose terms in its filing but indicated in its filing fee schedule that it was seeking up to $100M, a number that is likely a placeholder and subject to change. The company hopes to list its shares on Nasdaq under the symbol ENLT. Its shares currently trade on the Tel Aviv stock exchange under the same symbol. Underwriters for the deal include JP Morgan, BofA Securities, Barclays, Credit Suisse, Wolfe/Nomura Alliance and Roth Capital Partners. The company is profitable. For the…
Abbott under DOJ criminal probe over behavior at Michigan baby formula plant – WSJ Source link
2d illustrations and photos/iStock via Getty Images Oncology diagnostics developer Accustem Sciences (OTCQB:ACUT) has filed to uplist its shares to Nasdaq and raise $11M. Accustem said in a filing that it was looking to offer 1.5M shares at the assumed price of $7.44, which could likely change. Underwriters would be given a 45-day option to buy up to 222K additional shares. Think Equity is serving as lead bookrunner. The company intends to list its shares on Nasdaq under the symbol ACUT. Its shares currently trade OTC under the same symbol. Accustem also plans to conduct a 1-for-6 reverse stock split…
WASHINGTON (Reuters) – Two businessmen were charged in indictments unsealed in a U.S. court on Friday with allegedly facilitating a sanctions evasion and money laundering scheme in relation to a $90 million yacht of sanctioned billionaire Russian oligarch Viktor Vekselberg. The two businessmen – Vladislav Osipov, 51, a Russian national, and Richard Masters, 52, a UK national, – were charged with conspiracy to defraud the United States and to commit offenses against the United States, the U.S. Justice Department said in a statement. Source link