(Bloomberg) — Some holders of a $1.3 billion Gazprom PJSC bond due Monday said they received payment in dollars, even after Russian President Vladimir Putin gave issuers the option of repaying foreign...
Category: Finance
Live Finance News Updates.
February fintech VC roundup: Fintech funding hits lowest levels since May
Quick Take Fintech funding has recorded its first figure below $10 billion since May last year. That’s not to say investors have abandoned the sector — this month has been dominated by huge rai...
Immutable NFT start-up raises $200M in a funding round
TL;DR Breakdown Immutable raises $200 million in Series C financing round. The firm has plans to grow internationally, increase its staff, and investigate M&A possibilities. Investors continue to ...
Gas prices are heading to an all-time record. Here’s how to protect yourself
With gasoline prices at a 14-year high, it’s hard to imagine paying even more at the pump. Yet prices are only heading higher. On Sunday, the national average for a gallon of gas hit $4.009, the...
‘Dangerous, Discredited’ LGBTQ+ Conversion Therapy Costs U.S. More Than $9 Billion Each Year, Study Finds
Topline In addition to being “discriminatory” and “profoundly harmful,” LGBTQ+ conversion therapy costs the U.S. an estimated $9.23 billion each year, according to a peer reviewed study published Mond...
Beware Absurdly Expensive Tesla Wanna-Bes
NEW YORK, NY, UNITED STATES – 2019/04/17: Rivian R1S seen at the New York International Auto Show at … [+] the Jacob K. Javits Convention Center in New York. (Photo by Michael Brochstein/S...
Kohl’s updates long-term financial targets: A brief recap
Invezz does not provide financial advice. Our aim is to simplify information about investing, enabling each user to make educated decisions with their money and to take control of their financial futu...
UK FCA Reacts to EQONEX Convertible Loan from Bifinity
The UK’s Financial Conduct Authority has issued a statement on Monday about Bifinity’s $36 million convertible loan advance to EQONEX. According to the watchdog, it has no power to “assess the fitness...
U.S. will defend NATO Baltic states against Russia, Blinken says
U.S. Secretary of State Antony Blinken delivers remarks to U.S. Embassy staff at the Vilnius Rotuse in Vilnius, Lithuania March 7, 2022. Olivier Douliery | Reuters Secretary of State Anthony Blinken o...
When It Comes To Big-Time College Sports, Penn State’s New President Has Walked Through The Fire Before
PISCATAWAY, NJ – NOVEMBER 17: Head coach James Franklin of the Penn State Nittany Lions runs onto … [+] the field with his team before taking on the Rutgers Scarlet Knights at HighPoint.co...
Cornerstone Building Brands stock up 15% on Monday: how come?
Cornerstone Building Brands Inc (NYSE: CNR) is up nearly 15% on Monday after Clayton, Dubilier & Rice LLC (CD&R) said it will buy the exterior building products company for $5.80 billion. What...
Accelerated Payments Secures Neil McMillan as Head of North America
Accelerated Payments has secured Neil McMillan as Head of North America, effective March 2022. In a recent press release shared with Finance Magnates, Neil McMillan, an executive veteran with more tha...
Nickel Jumps 62% as Russia Supply Risk Sparks Huge Short Squeeze
(Bloomberg) — Nickel surged as much as 62% in one of the most extreme price moves ever seen on the London Metal Exchange, as fears over Russian supplies leave buyers exposed to a historic squeez...
NFT Layer 2 startup Immutable raises $200M, now valued at $2.5B
Immutable, the startup behind the NFT-focused scaling network Immutable X, has raised $200 million in a Series C funding round and is now valued at $2.5 billion. Temasek, a Singapore government-owned ...
US Regulatory, SEC, investigating NFT Industry: Over Securities Violations
The Securities and Exchange Commission (SEC) in the United States is apparently investigating a young sector of the digital asset business for potentially illegal crypto-asset offerings. The goal of t...
Exnetwork and Omniflix Network Collaborate to Create a P2P Network
Omniflix Network was formerly known as FreeFlix Media Network. It is a P2P media network that focuses on creators and communities. Omniflix Network functions with the objective to enable creators and ...
Ripple CEO Says SEC Has ‘Hard Argument’ To Make in XRP Lawsuit As Expert Testimony Wraps
Ripple CEO Brad Garlinghouse says that the U.S. Securities and Exchange Commission (SEC) has a difficult argument to make in its case against the enterprise blockchain company. The SEC sued Ripple in ...
Levi Strauss suspends sales in Russia
Levi’s 501 blue jeans on display. Sean Gallup | Getty Images Levi Strauss announced Monday it will suspend sales in Russia in response to the country’s invasion of Ukraine. The apparel com...
Oil Tanker Stocks Extend Rally Despite U.S. Talks Of Banning Oil Imports From Russia
Oil tanker stocks like Euronav, Frontline and International Seaways have all surged more than 20% this year. Getty While Russia’s oil exports are crashing and Secretary of State Antony Blinken said ov...
Ex-Div Reminder For Occidental Petroleum
On 3/9/22, Occidental Petroleum will trade ex-dividend, for its quarterly dividend of $0.13, payable on 4/15/22. As a percentage of OXY’s recent stock price of $56.98, this dividend works out to...
Adobe’s Behance allows people to showcase Solana NFTs
Adobe Behance is initiating support for the Phantom wallet. This integration will make it easier for people to showcase their non-fungible tokens created on the Solana blockchain on their Behance prof...
Binance Ties with Paysafe, Enables EUR and GBP Payments
Binance has partnered with payments technology company Paysafe to fully reopen payment transfers with two major fiats, the euro and the pound sterling, the cryptocurrency exchange announced on Monday....
Apple’s Next Event Arrives With the Stock Market in a Fragile Place
Text size Apple’s ‘Peek Performance’ event Tuesday will be closely watched by investors. Hector Retamal/AFP via Getty Images Apple ’s product launches are always closely watched affa...
StarkWare Company Intelligence
March 7, 2022, 10:27AM EST • 19 min read Quick Take StarkWare is a layer 2 scalability solutions company that aims to provide a permissionless decentralized ZK-rollup solution – StarkNet StarkWare sec...
The US Dollar Continues the Rally as Euro Keeps Sliding
The second week of the ongoing invasion of Ukraine seems to have impacted the forex market for the Euro and other European currencies as well. The US dollar keeps a steady rally against, particularly ...
Kohl’s (KSS) issues long-term financial targets at investor day 2022
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s, facing activist pressure to consi...
Is ‘The Walking Dead’ Prepping A ‘Negan’ Spin-Off Series?
The Walking Dead AMC The Walking Dead continues to be deep into its comic-based Commonwealth arc, with last night’s episode about a conspiracy-stricken Eugene, where as it turns out, everyone was cons...
Time To Stock Up On These Shares
UNDATED: This undated illustration shows Kleenex Brand Anti-Viral tissue. Kimberly-Clark … [+] Corporation announced on July 14, 2004 that the new facial tissue product designed to kill viruses ...
Putin Signs Order to Seize Bank Deposits as Default Looms – Trustnodes
Both Reuters and BBC, citing Russian state TV, report the Russian president Vladimir Putin has signed a new law that allows him to seize the bank deposits of Russians. Reuters limits this to “the bank...
U.S. Oil stocks up as WTI hits 14-year high
The iShares U.S. Oil & Gas Exploration & Production ETF (IEO) is up more than 1.0% this morning after the war in Ukraine had the U.S. crude oil hit $130 a barrel on Monday. U.S. oil stocks are...
My mother-in-law left her $1 million life-insurance policy to my brother-in-law, but her will says she wants him to share it with my husband. What can we do?
Dear Quentin, My husband and I took care of my mother-in-law for eight years. Around five years ago we gave up the house we were renting to save her home because she could not afford it, and because s...