TikTok Mulls Split From Chinese Parent, But Users Hardly Care
TikTok’s executives are considering splitting off from ByteDance Ltd., their Chinese parent organization, as a way of addressing worries about potential safety threats. If the existing plan submitted to the national security authorities is not accepted, the only solution left would be to divest, either through a sale or an initial public offering, people aware […]
Credit Suisse Tumbles As Largest Investor Refuses To Provide Further Support
Credit Suisse (NYSE: CS) is currently attempting to recover from an over 20% tumble at the market open, following reports that its largest shareholder is unwilling to further support the bank as it continues to struggle. Saudi National Bank Chairman Ammar Al Khudairy in speaking with Bloomberg this morning commented “The answer is absolutely not, […]
Freedom Convoy: Canadian Truckers Spread Disinformation From Russia Against Trudeau
During last year’s “Freedom Convoy” which occupied downtown Ottawa for three weeks and cost the Canadian economy over $4 billion, Russian propaganda outlets attacked Prime Minister Justin Trudeau, falsely accusing his government of “ordering” the use of violence against demonstrators. Nevertheless, in addition to overt propaganda outlets such as Russia’s RT, disinformation propagated via proxy […]
Carlyle Commodities Hits 689 Metres Of 0.51 g/t Gold
Assays from the first drill hole conducted by Carlyle Commodities Corp (CSE: CCC) were released this morning, with the company reporting a significant interval of gold. The assays come from the firms Newton Gold-Silver Project, found near to Williams Lake, BC. Highlights from the results include: N23-089: 689 metres of 0.51 g/t gold, 1.48 g/t […]
Argentina Inflation Breaches 100%
Argentina’s annual inflation rate surpassed 100% in February, according to the country’s statistics agency, the first time it has done so since a period of hyperinflation in 1991, more than three decades ago. According to government figures, 12-month inflation was 102.5% in the second month of the year, with a higher-than-expected 6.6% monthly jump in […]
Canada Nickel Recovers 63% Of Nickel In Testing At Reid Property
Canada Nickel Company (TSXV: CNC) has completed the first round of metallurgical testing on samples from its Reid property. The testing was conducted using an existing flowsheet design by the company for its flagship Crawford Nickel project. Overall the nickel recoveries are said to have hit 63%, which compares to recoveries of 62% at the […]
AMC Shareholders Vote To Convert APE Units, Approve Reverse Stock Split
AMC Entertainment (NYSE: AMC) fell over 15% yesterday following a decision by shareholders to approve a reverse stock split, as well as an increase to the permitted share count. The reverse split will see shareholders of the company receive one post-consolidation share for every ten pre-consolidation shares held, amounting to a one for ten reverse […]
Tesla: Buttigieg Says Autopilot’s Name Has A ‘Common Sense’ Problem
When US Transportation Secretary Pete Buttigieg talked about Tesla (Nasdaq: TSLA) on Monday, he just had to say something about the carmaker’s name for its driver assistance system. “I wouldn’t call something ‘Autopilot’ if the manual explicitly says that you have to have your hands on the wheel and the eyes on the road all […]
Data: Is Mexico Really Safer Than The US?
Mexico’s president declared on Monday that his country is safer than the United States, responding to US criticism of his security record in the aftermath of a tragic kidnapping along the border earlier this month that killed two Americans. The March 3 attack on four Americans in the Mexican city of Matamoros, and their subsequent […]
Campaign Promise Broken: Biden Administration OKs Willow Project
The Biden administration has approved the huge Willow oil drilling project in Alaska, infuriating environmentalists and paving the way for a legal challenge. The Willow Master Development Plan is a $6 billion proposal from ConocoPhillips to drill oil inside the National Petroleum Reserve in Alaska. According to the oil company, the project may generate up […]