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Google parent company announces plan to buy back stock amid a slight drop in ad sales

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Google’s parent company, Alphabet, plans to buy back $70 billion worth of stock. The buyback plan also comes after the company released its profits and revenue for the first quarter, which topped estimates.… Continue reading Google parent company announces plan to buy back stock amid a slight drop in ad sales

Senior Citigroup executive departs after reports of Epstein meetings

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A senior executive at one of the largest banks in the United States, Citigroup, has resigned after reports of his meetings with Jeffrey Epstein. The executive in question, Paul Barrett, had resigned from… Continue reading Senior Citigroup executive departs after reports of Epstein meetings

Putin signs decree seizing the Russian assets of two foreign energy firms

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Russian President Vladimir Putin has signed a decree seizing temporary control of the Russian assets belonging to two foreign energy companies. The move signals that Russia could take the same action against other… Continue reading Putin signs decree seizing the Russian assets of two foreign energy firms

JBS USA terminates contract with US company fined for hiring kids

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. JBS USA has terminated its contract with a US company that was fined for hiring kids to clean meat plants. The company announced the termination of this contract on Monday, adding that some… Continue reading JBS USA terminates contract with US company fined for hiring kids

SpaceX gets approval to lease a second rocket launch complex in California

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. SpaceX has obtained approval from the US Space Force to lease a second rocket launch complex at a military base located in California. With this approval, the space company has secured its fifth… Continue reading SpaceX gets approval to lease a second rocket launch complex in California

First Republic Bank’s shares jump despite deposits dropping by over $100B

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. First Republic Bank revealed that its deposits dropped by over $100 billion during the first quarter of 2023 as the lender explored options to restructure its balance sheet. Despite the significant decline in… Continue reading First Republic Bank’s shares jump despite deposits dropping by over $100B

Bed Bath & Beyond files for bankruptcy protection as it starts liquidation sale

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Bed Bath & Beyond, one of the largest retailers in the United States, has filed for Chapter 11 bankruptcy protection. The filing comes after the company failed to raise enough capital to sustain… Continue reading Bed Bath & Beyond files for bankruptcy protection as it starts liquidation sale

Adani Ports starts a $130M buyback of debt securities

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Adani Ports and Special Economic Zone, based in India, has started a buyback program for certain debt securities. The buyback program will go towards prepaying part of the company’s loans that are due… Continue reading Adani Ports starts a $130M buyback of debt securities

Jeff Shell exits as NBCUniversal CEO after an inappropriate relationship

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Chief Executive Officer at NBCUniversal, Jeff Shell, is exiting his role at the company after acknowledging an inappropriate relationship with a woman working at the company. An investigation into this relationship was… Continue reading Jeff Shell exits as NBCUniversal CEO after an inappropriate relationship

Hong Kong’s SFC files charge against 24 in Ramp-and-Dump stock investment scheme

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), has charged 24 individuals for market manipulation. These charges are associated with multiple ramp-and-dump stock investment schemes announced by the company. SFC charges… Continue reading Hong Kong’s SFC files charge against 24 in Ramp-and-Dump stock investment scheme