Finance
Somalia says economy on recovery path despite impacts of COVID-19

MOGADISHU, Oct. 13 (Xinhua) — Somalia’s apex bank said the country’s economy is expected to grow steadily despite the negative impact of the COVID-19 pandemic, which significantly affected the third and the fourth quarter of 2020. The Central Bank of Somalia (CBS) said on Wednesday the real Gross Domestic Product (GDP) growth is projected at […]

Updated: Oct 13, 2021
Choppy day on Wall Street, all indices lose ground

NEW YORK, New York – Uncertainty about the future and a spike in energy prices due to concerns over depleting reserves of oil and liquid gas kept buyers away from U.S. markets Tuesday. With quarterly earnings reports coming due, investors are also weighing how the Covid-19 Delta variant has impacted the economic performance of companies. […]

Updated: Oct 12, 2021
Company behind EXCEL, LCO and Spitfire going public on London stock exchange

Guinevere Capital, an investment company behind several major esports properties, are set to list themselves publicly on the London Stock Exchange, allowing members of the public to buy shares. Guinevere Capital are investors in British organization EXCEL ESPORTS, they manage Cloud9’s Overwatch League franchise London Spitfire, they work with ESL on the Oceanic League of […]

Updated: Oct 11, 2021
Paradigm shift in modern women’s thinking, don’t want to give birth to babies: Karnataka Health Minister

Bengaluru (Karnataka) [India], October 10 (ANI): The state Minister for HealthFamily Welfare and Medical Education, Dr Sudhakar K on Sunday said that there has been a paradigm shift in modern women’s thinking as they do not want to get married and give birth to babies. Speaking at the programme organised by NIMHANS here on World […]

Updated: Oct 10, 2021
US electric motorcycle manufacturer makes Nasdaq IPO, stock price soars

Volcon has made history as the first US-built off-road electric fat tire motorcycle. Now the company is making bank too, in the form of an IPO on the Nasdaq under the symbol VLCN. Volcon Powersports launched seemingly out of nowhere in late 2020, claiming it could build a fancy, funny-looking yet reasonably priced fat tire electric motorcycle […]

Updated: Oct 9, 2021
Why Charlotte’s Web Stock Rocketed Higher Today

What happened Shares of Charlotte’s Web Holdings (OTC:CWBHF) were off to the races Thursday, surging by as much as 22.2% during morning trading. As of 12:38 p.m. EDT, the stock was still up by more than 15%. The passage of a new California law cleared the way for the company to increase its sales of […]

Updated: Oct 8, 2021
Minimum 15 percent tax rate globally set to be signed off on Friday

DUBLIN, Ireland – The move to mandate a global minimum tax rate has made a giant step forward with Ireland’s agreement to forgo its competitive 12.50 percent tax rate, which has attracted hundreds of multinational companies, particularly in the technology sector to move their headquarters, or major operations or offices to Ireland. Major countries have […]

Updated: Oct 7, 2021
Algeria’s foreign minister urges France to decolonise its history

Algeria’s foreign minister Ramtane Lamamra added another layer to the diplomatic spat between his country and France when he suggested that France take stock of its imperialist past. Lamamra’s broadside at Algeria’s former colonial ruler came during a trip to Mali, whose military junta has come under fire from France. “Our foreign partners need to […]

Updated: Oct 6, 2021
Warby Parker (WRBY) stock price rises on NYSE public debut

Update Wednesday, 2:15 p.m. ET:  Shares of Warby Parker opened on their first day of trading at $54.05, well above their reference price. They dipped a bit after that and were hovering at about $53.83 as of midday on Wednesday. You can follow the stock here. Original post: Eyewear brand Warby Parker is going public […]

Updated: Oct 5, 2021
Bally’s Stock Gains on $350 Million Share-Buyback Plan

Bally’s  (BALY) – Get Bally’s Corp. Report shares rose Monday as the casino operator said the board authorized it to buy back $350 million of its shares. Bally’s also said it had closed its acquisition of U.K. online gaming operator Gamesys and completed its $4.07 billion debt package. The $350 million in possible share purchases represents […]

Updated: Oct 4, 2021