Top Chinese Banks Stop Operations In Russia And Belarus
Chouzhou Commercial Bank of China has announced the termination of its banking operations in Russia and Belarus. This decision comes as a direct response to complications arising from Western sanctions, which have severely affected the bank’s ability to process payments in these countries. The development was reported by the Russian state-controlled media outlet Vedomosti on […]
Hackers Found That Russia Paid Iran $1.75 Billion ‘In Literal Gold’ for 6,000 Drones
The Prana Network, a group of hackers, has reportedly infiltrated the email servers of the Iranian Revolutionary Guard Corps (IRGC), unearthing a trove of data on the sale of Shahed drones to Russia. The data, approximately 10 gigabytes, was extracted from Sahara Thunder, a front company for the IRGC, which has been facilitating the sale […]
A New Bill Is Trying To Make It Illegal To Promote Oil And Gas In Canada
A new private member’s bill in Canada, spearheaded by New Democratic Party (NDP) MP Charlie Angus in collaboration with the Canadian Association of Physicians for the Environment (CAPE), aims to prohibit fossil fuel companies from falsely advertising their products as beneficial to the public, environment, human health, and reconciliation efforts with Indigenous communities. The proposed […]
Cannabis Industry Hit With Another Rumor
Amidst a flurry of rumors surrounding potential cannabis policy announcements from the White House, an unnamed Biden administration official has quashed speculation, stating to Marijuana Moment on Tuesday that they would “wave off” the hearsay. The anticipation had been building within industry circles and among prominent cannabis journalists, fueled by signals indicating an impending announcement, […]
New York Community Bancorp Faces Moody’s Downgrade A Year After Acquiring Signature Bank
New York Community Bancorp (NYSE: NYCB) finds itself under increased scrutiny as Moody’s Investors Service downgrades its credit grade to junk status less than a week after the regional lender announced significant measures to address mounting financial challenges. Moody’s cited “multifaceted” financial risks and governance issues as reasons for the downgrade, highlighting concerns over the […]
Jack Dorsey’s Bluesky Ditches Invite-Only Restriction, Opens To Everyone
Bluesky, the social media platform co-founded by Twitter founder Jack Dorsey, has officially opened its doors to the public. Previously access to Bluesky was restricted to an invitation-only basis, a strategy employed by the platform to develop its moderation tools and additional functionalities. This move to broaden access signifies Bluesky’s readiness to welcome a wider […]
ESPN-Fox-Warner Bros. Discovery Sports Streaming Platform: The Lowdown
In a seismic move within the American sports media landscape, three powerhouse television companies – ESPN, Fox, and Warner Bros. Discovery – have announced their collaboration on an expansive joint streaming service, promising to revolutionize the accessibility and delivery of sports content. The venture, unveiled on Tuesday, heralds the creation of an “all-in-one” streaming platform […]
GSP Resource Jumps 47% After Hitting 2.42% Copper Over 12.8 Metres
GSP Resource Corp (TSXV: GSPR) is currently up 47% this morning following the release of drill results from a recently completed drill program at its Alwin Mine project in British Columbia. Results come from a drill program that was completed in November, which consisted of five diamond drill holes that amounted to an aggregate of […]
Hut 8 Replaces CEO With Co-Founder Of US Bitcoin Corp
Hut 8 Corp (TSX: HUT) has seen a change in leadership just months after completing a merger with US Bitcoin Corp. The company has seen Jaime Leverton, CEO of Hut 8 since November of 2020, leave the company effectively immediately. Her departure follows the board of directors determining that “the time was right to set […]
Snap Shares Snap By 30% Following Q4 2023 Financials
Snap Inc. (NYSE: SNAP), the parent company of popular social media platform Snapchat, faced a significant setback as its shares plummeted by up to 30% in after-hours trading following the release of its fourth-quarter financial results. The company’s performance, although meeting Wall Street analysts’ expectations, failed to appease investors, leading to a drastic decline in […]