Mizuho Securities Co. Ltd. is set to invest in Rakuten Securities Inc., allowing the Japanese online brokerage unit to strengthen its business further. The transaction is expected to see Mizuho Financial Group Inc. securities arm acquiring a 19.99% stake in Rakuten Securities from its parent Rakuten Group Inc. for ¥80 billion ($552 million). The companies …
Mizuho Securities to Buy 20% of Rakuten Securities for $550M Read More »
The FCA-regulated subsidiary of the LandFX group, LandFX UK Ltd, recently published its financials for fiscal 2021. Their report shows a profit of £13,546, which is quite the rebound from their loss of £8,720 in the prior year. The UK operations of the broker turned a profit for the first time in its history last …
LandFX UK Records Profit in 2021 despite Revenue Decline Read More »
On Thursday, Porsche overtook its parent company Volkswagen as the most valuable automaker in Europe as its newly-listed shares soared. On Monday, the shares of the sports car manufacturer plummeted from its listing price of €82.50 per share to €81.00, in line with a broader plunge in markets. Yet, it rebounded higher to €93.00, giving …
Porsche Beaten Volkswagen as Europe’s Most Valuable Carmaker Read More »
US farmers harvested their second-smallest wheat crop in 20 years amid drought in Plains, delaying the restoring of grain flowers disrupted by the Russia-Ukraine war. Last Friday, the Department of Agriculture projected that the wheat output would total to 1.65 billion-bushel, which is a 7.50% decline from its previous estimate and only 3.60 bushels higher …
Wheat Farmers Reaped Second-Smallest Harvest in 20 Years Read More »
Twitter has finally made editing tweets a reality but only for its premium subscribers. Also, the platform has adapted TikTok’s vertical video feature. The social media platform’s paid membership service, Twitter Blue, offers the editing option. The new feature is now rolling out in Australia, Canada, and New Zealand. The blue bird mobile application has …
Twitter Brought Edit Button for Premium Subscribers Read More »
On Monday’s closing bell, Twitter’s stock soared after billionaire Elon Musk proposed to proceed with his takeover of the social networking site for $54.20 per share. The blue bird app’s stock price skyrocketed by 22.00% to $52.00 apiece following securities filing showed Musk would like to go ahead with his previous offer in April of …
Twitter Stocks Surged as Musk would Proceed with $44B Buyout Read More »
On Monday, Ghana’s cocoa regulator, Cocobod, signed a $1.13 billion loan with international banks to finance needs for the 2022/23 season. The world’s second largest-largest cocoa producer behind Ivory Coast uses loans from overseas financial institutions every year to finance bean purchases and other related operations. Based on statistics, the two West African nations account …
Cocoa Regulator in Ghana Signed $1.13B Loan for 2022/23 Read More »
Google discontinued the services of its Translate application for China, putting an end to one of the remaining US tech operations in the world’s largest internet-using region. According to reports of Chinese users, the services web page now shows a photo of a generic search bar that redirects to Google’s Hong Kong translation, which is …
Google Shut Down Translation App in China amid Tension Read More »
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