Globe Telecom—backed by the Philippines’ oldest conglomerate Ayala Corp.—has formed an alliance with Singapore’s ST Telemedia Global Data Centres to expand their footprint in the Philippines amid booming demand for server space from e-commerce and other digital platforms.
The Ukraine government and organizations supporting its fight against a Russia invasion have amassed more than $52 million in cryptocurrency donations and already deployed at least $14 million.
He also believes that the value of those resources should be adjusted higher when considering "the cut-off grade implications of the rising nickel price."
The official version of IRS Publication 590-B for the 2021 tax year includes the new life expectancy tables used to calculate RMDs from retirement accounts.
Just 4 percent of investment options and 2 percent of assets in defined contribution 401(k) plans are in strategies with the lowest levels of ESG risk, the authors of the report say they found.
Olaf Carlson-Wee rode 2017’s “initial coin offering” craze to become one of crypto’s top venture investors. Now he’s raking in hundreds of millions, from a blockchain rage called DeFi, which promotes the fantasy of democratized financial services.
The stock market jumped on Wednesday—despite oil prices skyrocketing to their highest level since 2011 amid Russia’s invasion of Ukraine—as Federal Reserve Chairman Jerome Powell told Congress that the central bank plans to raise interest rates.
Lowering reserves for Russian banks is a clear sign that Russian banks’ liquidity is decreasing. I am not counting on all Russian banks being open for business by the end of the week.
Dividend-paying companies that have low levels of debt and consistent cash flow are the kinds that survive tumultuous times. Even if price appreciation is not immediate, you still earn a respectable stream of income and get paid to wait for capital gains.
If Putin stays his course, Russia will, at one extreme, become Iran economically speaking. Or it may find that its only major trading partner is China, turning Mother Russia into China's baby. Putin still has a way out. He can cease fire and negotiate for something both side can agree.
SciPlay (SCPL) reported solid Q4 results last night. Indeed, while earnings for the period of 9 cents per share were 50% lower than the 18 cents it earned in the prior-year quarter and fell 15 cents short of consensus, this was entirely due to a charge of $24.5 million related to a settlement [...]