Regulators Raid Binance Australia Offices in Ongoing Derivatives Probe
Binance seems to be facing an onslaught of regulatory and legal kerfuffle as the offices of its Australian counterpart were raided by financial regulators as part of an ongoing investigation into the crypto exchange’s former derivatives business. Sources familiar with the matter revealed that the Australian Securities and Investments Commission (ASIC), the nation’s renowned financial […]
Toyota Claims EV Battery Breakthrough: 10-Minute Charge For 1,200km
Toyota, the world’s second-largest carmaker, has announced a significant technological breakthrough in battery development that could revolutionize the electric vehicle (EV) industry. The company claims to have made advancements that will enable it to reduce the weight, size, and cost of batteries by half, potentially leading to faster charging times and increased driving range. Toyota […]
Vortex Metals: The Illapel Copper Project
Michael Williams, Executive Chairman of Vortex Metals (TSVX: VMS), joins us today to share his thoughts on inflation in the mining industry, the current price of gold, and the challenges junior miners face.
FTC Complaint Dropped as Altria Exits Juul
The U.S. Federal Trade Commission (FTC) has dismissed a complaint against Altria Group (NYSE: MO) and Juul Labs regarding Altria’s investment in Juul back in 2018. This news, reported by Reuters, sheds light on the evolving situation between the tobacco giant and the e-cigarette manufacturer. Altria made headlines in late 2018 when it invested a […]
Rogers Implements Voluntary Buyouts For Employees Following Shaw Merger
In an effort to streamline its corporate operations after acquiring Shaw, Rogers Communications (TSX: RCI.B) is providing voluntary severance packages to its employees. The completed $26-billion deal in early April marked a significant milestone for Rogers, and CEO Tony Staffieri expressed in a memo to staff on Tuesday that the integration of the two companies […]
Office Vacancy Rates in Canada Reach 30-Year High
According to a groundbreaking report by renowned commercial real estate firm CBRE, Canada is experiencing a shocking surge in office vacancies, reaching its highest level in nearly three decades. The second quarter saw the national office vacancy rate soar to a staggering 18.1%, nearing the worrisome 1994 record of 18.6%. The country’s economic stability hangs […]
Is Shein Gearing Up for A US IPO?
Shein, the China-founded online retailer, is actively considering a potential initial public offering (IPO) in the United States, according to sources familiar with the matter cited by Reuters. According to the report, the company has been in talks with at least three major investment banks, including Goldman Sachs, Morgan Stanley, and JPMorgan Chase, to prepare […]
First Lithium Acquires LCL Lithium Project In Northwestern Ontario
FULL DISCLOSURE: This is sponsored content for First Lithium Minerals. First Lithium Minerals (CSE: FLM) has expanded its landholdings in Canada with the acquisition of mining claims in northwestern Ontario. The new project, referred to as the LSL Project, consists of 93 mining claims that cover 1,900 hectares within the Patricia Mining Division, 160 kilometres […]
Patriot Battery Metals Sees CV13 Pegmatite Metallurgical Testwork Produce 6% Li2O Spodumene Concentrate
While it may be struggling to conduct its exploration programs as a result of ongoing forest fires, Patriot Battery Metals (TSXV: PMET) is still forging ahead wherever possible with the development of its Corvette Property in the James Bay Region of Quebec. The company has completed preliminary metallurgical testwork for the CV13 Pegmatite, which is […]
Curaleaf Purchases Portugese Processing Assets From Clever Leaves
At a time that most cannabis operators are cutting back operations in an effort to achieve profitability, Curaleaf Holdings (CSE: CURA) appears to be forging forward with an expansion strategy. The cannabis firm this morning revealed that it has entered into an arrangement with Clever Leaves (NASDAQ: CLVR) to acquire certain Portugese assets. The asset […]