Chinese Stock Sell-Off Continues Following Evergrande Liquidation
The sell-off in Chinese stocks has deepened, erasing earlier gains driven by optimism over stronger support measures from authorities. The benchmark CSI 300 Index of Chinese mainland shares experienced a decline of as much as 1.3%, temporarily wiping out gains accumulated since January 22 when authorities vowed more robust measures to support the market. Despite […]
The War Over Sports Illustrated
Sports Illustrated was one of the larger chunks of the ordered, stable publishing galaxy that existed before the Facebook supernova exploded, and spun it all into a chaotic turmoil of space dust that’s still trying to settle. In the mess of people and models and platforms that are still trying to form themselves into planets […]
Canadian Rental Market Hits Record Low Vacancy Rates
In a recently released Rental Market Report (RMR), the Canada Mortgage and Housing Corporation (CMHC) sheds light on the challenges faced by the country’s rental market, revealing a persistent imbalance between demand and supply for the second consecutive year. According to the report, strong rental demand has outpaced the available supply in most major markets […]
Numinus Wellness Sells Off Shares In Alto Neuroscience Ahead Of IPO
Numinus Wellness (TSX: NUMI) is reporting this morning that it has sold its interest in Alto Neuroscience, a clinical-stage biopharma company that filed for its initial public offering earlier this week. Alto’s current biotech pipeline is centered on tackling depression, with three clinical-stage programs currently underway, including one for its lead drug, ALTO-100. The drug […]
FPX Nickel Sees Strategic Investors Re-Up Ownership For $4.3 Million In Proceeds
FPX Nickel (TSXV: FPX) is reporting continued commitment from its strategic investors, whom have re-upped their position in the company following a financing conducted in January. The company has seen three strategic shareholders exercise participation rights to maintain their initial ownership interest in the nickel explorer. The exercise has resulted in additional proceeds of $4.3 […]
Patriot Battery Metals Hits 1.21% Li2O Over 26 Metres At CV13 Pegmatite
Patriot Battery Metals (TSXV: PMET) has received further assay results from drilling conducted at its CV13 Pegmatite at its flagship Corvette Property. A total of 22 drill hole results were released last night by the company. The holes, conducted in 2023, targeted the near surface and downdip extension of the pegmatite body. Highlights from the […]
The Messenger Announces Shutdown, ‘Effective Immediately’
The Messenger, the less-than-year-old struggling digital news startup founded by former The Hill owner Jimmy Finkelstein is shutting down. “I am personally devastated to share that we have made the painfully hard decision to shut down The Messenger, effective immediately,” Finkelstein wrote in a memo sent to the staff on Wednesday. The New York Post […]
Spain Pushes Investigation On How Russia Could Have Influenced Catalonian Independence
The Spanish judge overseeing the investigation into Russian interference in the Catalonian independence process has decided to extend the probe for an additional six months. This decision comes in the wake of an anonymous letter received by the judge, containing an article that sheds light on an intriguing offer made by a Russian individual to […]
Alaska Energy Metals Set To Release Updated Resource Estimate In Q1
Alaska Energy Metals (TSX: AEMC) this morning issued a corporate update, focused on its successes in 2023, as well as what investors can expect from the company in 2024.
Biden Administration to Fund $1.5 Billion for Revival of Michigan’s Palisades Nuclear Plant
The Biden administration is set to offer a $1.5 billion loan to Holtec International Corp, Bloomberg reports. This funding, pending conditional approval from the US Energy Department, aims to rejuvenate the Palisades nuclear plant in Michigan, marking the first revival of a closed US nuclear reactor. This step aligns with the administration’s broader strategy to […]