Ether Capital Corporation publishes financial results for the second quarter of 2022
TORONTO–(BUSINESS THREAD)–Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO: ETHC) announces its financial results for the three and six month period ended June 30, 2022: The total value of Ether and Staked Ether held by the company was $58.6 million compared to $180.5 million at the end of the previous quarter on March 31, 2022, including a cash of 3 $.8 million ($4.2 million at March 31, 2022). The company’s total asset value was $67.4 million compared to $193.2 million on March 31, 2022. The company’s total shareholders’ equity was $66.2 million dollars compared to $192.7 million at March…
Read More »First Mining announces the appointment of a new Chief Financial Officer
VANCOUVER, BC, August 11, 2022 /PRNewswire/ – First Mining Gold Corp. (“First Mining” or the “Company”) (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce the appointment of Lisa M. Peterson effective as the company’s financial director September 16, 2022. Lisa has over 14 years of experience in the mining, renewable energy, infrastructure and professional services industries. His most recent positions include serving as CFO of free copper & Gold Corporation and Zacapa Resources Corporation. Lisa previously held the position of Vice President of Corporate Reporting and Global Accounting at SkyPower Global, an international large-scale renewable energy developer and…
Read More »Former chancellor Philip Hammond is to join the UK’s new fintech fund
Former chancellor Philip Hammond is reportedly joining a star-studded line-up in a new fund that aims to boost the chances of UK fintechs. New vehicle tentatively called Fintech Growth Fund to raise £1bn to back promising start-ups, Sky Newsreportedand Hammond will join its advisory board. The fund will seek capital from institutional investors, the news agency reports, and will not be affiliated with Westminster politics. A landmark report by ex-WorldPay boss Sir Ron Kalifa on the UK fintech landscape last year highlighted a funding gap for companies looking to go beyond their Series B stage and raise money to expand…
Read More »Thomas Bravo plans to launch the London office
Private equity giant Thoma Bravo is to take up its first office in London as it looks for more deals in Europe. The software investor is bidding to take two floors of an office block in St James’s Square, moving into the private equity hub of London’s West End in the latest sign of its spending ambitions much on this side of the continent. The company currently has three offices, in Chicago, Miami and San Francisco. Thoma Bravo is preparing to move into Norfolk House, a newly refurbished office at 31 St James’s Square. The move, first reported by commercial…
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Robinhood suffers the worst hangover after the pandemic stock market boom
Robinhood, the retail broker whose growth skyrocketed as the stock market soared during the coronavirus pandemic, has come crashing back down to earth. Active users have fled the platform. The number of funded accounts has stabilized. Robinhood’s market capitalization has fallen by two-thirds since it went public last summer. Last week it announced layoffs for nearly a quarter of its staff. “It’s a post-Covid hangover,” said Dan Dolev, an analyst at Mizuho Securities. Robinhood “woke up in a Las Vegas hotel, and there’s a Bengal tiger in the bathroom.” The California-based broker attracted a generation of first-time investors with commission-free…
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White House economic adviser admits July inflation report ‘not a victory lap’
NEWYou can now listen to Fox News articles! After July’s inflation report showed prices cooling for the first time in months, White House Economic Adviser Jared Bernstein said the Biden administration still has work to do. do on “America’s Newsroom” Wednesday. “What I can say today is that inflation was up 0% in the month of July,” Bernstein said. “So cool [inflation] report after big job report, and some much needed breathing space; look, no victory lap… Still high prices in key areas.” The Department of Labor said Wednesday that the consumer price index, a broad measure of the price…
Read More »Belite Bio Reports First Half 2022 Operational Highlights and Financial Results | news
-LBS-008 (also known as Tinlarebant) is Belite Bio’s oral tablet for the treatment of Stargardt’s disease (STGD1) and dry AMD -A 2-year phase 2 trial in adolescent STGD1 and a global phase 3 trial in adolescent STGD1 are ongoing. -The phase 3, multicenter, randomized, double-masked, placebo-controlled study to evaluate the safety and efficacy of TinlaRebant in the treatment of StArGardt’s disease in adolescent subjects (DRAGON) has begun in the US, the UK , Germany, Belgium, Switzerland, Hong Kong, Taiwan and Australia, and several patients have been enrolled -LBS-008, Belite Bio’s lead asset, has received Fast Track Designation, Rare Pediatric Disease…
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From European power to its weak link: Germany’s economy stutters
Christian Lindner, Germany’s finance minister, pulled no punches in describing the grim new reality facing Europe’s largest economy. The country’s outlook had become “fragile”, he said on Wednesday. Growth forecasts were being downgraded. Life had become “a lot more expensive for a lot of people”, with gas, energy and food prices rising. Germany is experiencing a storm of shocks that are clouding its economic outlook. Along with rising inflation, persistent supply chain issues and weaker global demand are weighing heavily on its industrial sector. “What is more worrying is the broad base of weakness in the economy,” said Clemens Fuest,…
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