Drilling Commences at Leonora South
May 12, 2025
Activision Blizzard Earnings Sink to $395 Million
American video game holding company Activision Blizzard Inc. opened the year were lower earnings, following the dip in revenues during the period. First-quarter net income fell to $395 million from...
Read moreBlackstone Affiliates to Take Over PS Business Parks in $7.6-Billion Deal
Affiliates of Blackstone Real Estate are set to takeover PS Business Parks Inc. for $7.6 billion, according to a statement. The two parties entered an agreement for Blackstone affiliates to...
Read moreCoca-Cola Posts 23% Jump in First-Quarter Earnings
Carbonate drink manufacturer The Coca-Cola Company saw its earnings increase by over 20% in the first three months of the year, the company announced in a filing. Earnings per share...
Read moreArk Invest Takes Advantage of Decline in Pandemic Stocks
Popular investor Cathie Wood’s Ark Invest over the week gobbled up shares of firms that have soared during the pandemic but have since lost steam, according to a Reuters report....
Read moreBahamas Set to Allow Tax Payments with Crypto, Boost Access to Digital Assets
The government of the Bahamas will start to allow Bahamians to pay taxes using digital assets, according to a press release by The Commonwealth of the Bahamas on Thursday. The...
Read moreBlackstone Bottom Line Slips in First Quarter
Investment management firm Blackstone Inc. saw its bottom line decrease in the first three months of the year as it recorded higher compensation losses and lower revenues, the firm announced...
Read moreAmerican Airlines Widens Net Loss in Q1, Optimistic About Second Quarter
Major carrier American Airlines Group Inc. opened the year with a wider net loss, but it is optimistic about recovery in the second quarter, the firm said in a filing....
Read moreGoldman Reports Morgan Stanley Block Trades to Hong Kong’s Securities Commission
Financial giant Goldman Sachs reported block trades undertaken by major competition Morgan Stanley to a Hong Kong regulator, according to a report on FT. Sources close to the matter said...
Read moreGoldman, FTX Officials Meet to Discuss Future Collaboration
Top officials of financial giant Goldman Sachs and cryptocurrency exchange FTX met in the Caribbean last month to discuss boosting ties between the two parties, according to an FT report....
Read moreMeta Hits Snag on Brazilian WhatsApp Payments
Technology conglomerate Meta Platforms Inc. is facing difficulties in the launch of WhatsApp business payments in Brazil, according to a report on FT. WhatsApp continues to await central bank approval...
Read moreNasdaq Raises Dividend by 11% and Plans 3-for-1 Stock Split, Posts Mixed Q1 Results
Trading market operator Nasdaq announced a stock split and raised its common quarterly dividend by 11%, according to a news release by Nasdaq on Wednesday. The board of Nasdaq raised...
Read moreBinance Scores Puerto Rican Money Transmitter License
The American unit of global cryptocurrency exchange Binance has secured a money transmitter license in Puerto Rico, the firm announced in a blog post. The latest license makes Puerto Rico...
Read more