Losses suffered by Aussies to scams jumped by 80% compared to 2022

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Australians reported a loss of AU$3.1 billion to scams in 2022. Out of this amount, AU$1.5 billion was lost to investment scams. The number released by the Australian Competition and Consumer Commission (ACCC)… Continue reading Losses suffered by Aussies to scams jumped by 80% compared to 2022

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NAGA Group plans to raise $8.2M in a convertible bond offering

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. NAGA Group posted a 36% decline in revenues for the first quarter of this year. The company has now revealed plans to raise $8.2 million through a convertible bond offering. This offering will… Continue reading NAGA Group plans to raise $8.2M in a convertible bond offering

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SEC files charges against Bittrex and its CEO for offering unregistered services

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The US Securities and Exchange Commission (SEC) has filed charges against the Bittrex cryptocurrency exchange and its former CEO, William Shihara. The SEC said the exchange failed to secure registration to operate as… Continue reading SEC files charges against Bittrex and its CEO for offering unregistered services

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Tesla Shanghai workers appeal to Elon Musk over bonus cuts

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Workers at Tesla’s Shanghai factory have taken to social media to appeal to the company’s CEO, Elon Musk, and the Chinese public after being informed of cuts in performance bonuses. According to the… Continue reading Tesla Shanghai workers appeal to Elon Musk over bonus cuts

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Merck to purchase Prometheus Biosciences for around $10.8 billion

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Merck & Co said it would purchase Prometheus Biosciences Inc for around $10.8 billion. Under the purchase deal, Merck will pay $200 for each share of Prometheus Biosciences. The latter is a biotechnology… Continue reading Merck to purchase Prometheus Biosciences for around $10.8 billion

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Global central banks fail to tame inflation despite aggressive rate hikes

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Most central banks globally have been hiking interest rates to tame inflation. However, consumer prices have remained high, and the efforts to slow down the economy have not been 100% successful. Central banks… Continue reading Global central banks fail to tame inflation despite aggressive rate hikes

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Nissan explores growth plans in software and EVs without Renault

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Nissan has announced its growth plans across multiple areas like software and electric vehicles as the automaker’s alliance with Renault nears its end. Nissan, Japan’s third-largest automaker by sales, is looking to partner… Continue reading Nissan explores growth plans in software and EVs without Renault

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Banking giant JPMorgan sees an increase in deposits in Q1 2023

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. JPMorgan Chase & Co has reported a significant deposit increase during the first quarter of 2023. The bank has been reporting positive inflows following the unexpected collapse of two regional banks in the… Continue reading Banking giant JPMorgan sees an increase in deposits in Q1 2023

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SpaceX obtains a license to launch Starship rocket to orbit

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. SpaceX has received approval from the Federal Aviation Administration (FAA) to launch its Starship rocket into orbit. The licensing for this launch marked a crucial regulatory step by SpaceX as it looks to… Continue reading SpaceX obtains a license to launch Starship rocket to orbit

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Tesla slashes prices for cars in Europe, Israel, and Singapore

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Tesla has slashed the prices of its cars in Europe, Israel, and Singapore. The electric vehicle manufacturer has expanded the global discount drive that commenced in China in January this year. Tesla, like… Continue reading Tesla slashes prices for cars in Europe, Israel, and Singapore

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