Trillion Energy Sees Drill Rig Begin Journey To SASB Gas Field
The moment Trillion Energy (CSE: TCF) investors have anxiously been waiting for has finally arrived. The Uranus drill platform, which is set to conduct a seven-well drill program plan for the company, has finally left the port of Constanta, Romania, and is en-route to the firms SASB gas field. The platform took off early on […]
Pierre Poilievre Wins Conservative Party Leadership
Buckle up, Justin Trudeau, Pierre Poilievre is coming for your throne! The 43-year old politician was announced the winner of the Conservative Party leadership at Ottawa’s Shaw Center on Saturday evening, following a seven-month campaign battle where he took strong viewpoints on topics that were otherwise divisive among Canadians. Poilievre victoriously took 68.15% of the […]
Kim Kardashian’s New Venture Is A Private-Equity Firm And It Has Two Ks
Kim Kardashian is teaming up with Jay Sammons, a former partner at Carlyle Group Inc, for a new private-equity firm that will invest in building consumer and media businesses. SKKY Partners is the newest addition to Kardashian’s billion-dollar business empire. Earlier this year, she launched a nine-product skincare line, SKKN BY KIM, and in 2019 […]
HSBC Found Not Liable for 2009 Al-Qaeda Bombing at CIA Base
A US appeals court earlier this week ruled that HSBC (NYSE: HSBC) cannot be held liable for damages caused to families of two victims killed in an Al-Qaeda bombing attack, despite the bank circumventing US sanctions to provide financial services to Iranian and Saudi Arabian intermediary banks. As first reported by Reuters, a 2-1 decision […]
Freight Rail Strike Looms in the U.S., Would Have Major Economic Effects
As investors look forward to two key economic releases/events over the next two weeks — the September 13 release of the August U.S. Consumer Price Index (CPI) and the September 20-21 Federal Open Market Committee meeting of the U.S. Federal Reserve — another event could trump both in near-term economic impact At just after midnight ET […]
MicroStrategy Files For $500 Million At The Market Financing To Buy Bitcoin
MicroStrategy (NASDAQ: MSTR) is looking to again dilute shareholders, seemingly in an effort to prop up the price of bitcoin. The firm late last night filed a prospectus, indicating it is looking to conduct a significant at-the-market offering. The offering will see the firm sell up to US$500 million in common shares on the open […]
Lucid Motors: Six Production Executives Have Apparently Left, Adding To Uncertainty Surrounding Company
Negative news continues to swirl around Lucid Group, Inc. (NASDAQ: LCID). According to various media reports, six high-level executives, including the VP of global manufacturing and the head of its Arizona operations where the company produces all its vehicles, have recently left the company. All six were involved in Lucid’s manufacturing/logistics processes. The departures of many high-ranking managers […]
Baltic Countries to Ban Border Crossings for Russians With Schengen Visas
It’s about to become a lot harder for Russian nationals to travel into Europe. The EU’s Baltic countries, which share a border with Russia, are in the midst of imposing a visa ban in retaliation over Moscow’s invasion of Ukraine. The three Baltic states, Latvia, Estonia, and Lithuania, are working together to coordinate new travel […]
OSFI On Easing Mortgage Underwriting Standards: “We Will Not Do That”
Amid the calls to loosen mortgage-underwriting standards in Canada, the Office of the Superintendent of Financial Institutions (OSFI) has resolved that it will not be considering such a proposal. “The uncertainty and anxiety caused by the rising interest rate environment have understandably caused some Canadians to advocate for the loosening of the underwriting standards in […]
Jeep Announces Plans For New All-Electric SUVs
Jeep revealed plans for an all-electric lineup that’s slated to launch in 2025. The new lineup is a big step toward achieving its goal to have half of its US sales and all of its European sales be all-electric by 2030. The American SUV brand is planning four new electric vehicles including a Wrangler-inspired off-road […]