Published: Jan. 11, 2024 at 7:04 a.m. ET By Robb M. Stewart Solaris Resources has lined up a 130 million Canadian dollar ($97.1 million) investment from China’s Zijin Mining that will help fund development of the Canadian exploration company’s flagship Warintza project in southeastern Ecuador. Solaris said Thursday the gold-focused mining giant will invest through
Cryptocurrencies saw volatile trading Wednesday as traders awaited a decision from the Securities and Exchange Commission on whether to approve spot Bitcoin exchange-traded funds. Digital assets have been buoyed for months by ETF approval hopes, with anticipation reaching fever pitch after the agency’s social media account was breached on Tuesday and falsely posted that the
Jan. 10, 2024 at 9:24 a.m. ET By Ben Glickman Nauticus Robotics named new a interim chief executive officer and interim finance chief after receiving an investment from existing investors. The Houston-based undersea autonomous robotics company said President John Gibson Jr. was promoted to interim CEO Jan. 4. He has served as president since October
The chief executive of M&G’s asset management business has urged dialogue between global watchdogs to ensure a consistent regulatory framework for fund tokenisation, after the UK government last year backed an industry-led blueprint on how funds can adopt blockchain technology. In November, the technology working group of HM Treasury’s Asset Management Taskforce — chaired by
The European aviation regulators have followed orders by the Federal Aviation Administration for the temporary grounding of many Boeing 737 MAX 9 aircraft, after a MAX 9 operated by Alaska Air lost a section of its fuselage in midair on Friday. The damaged plane was able to return to the Portland, Ore., airport, where the
Published: Jan. 5, 2024 at 4:31 p.m. ET Shares of Canadian Apartment Properties Real Estate Investment Trust Un CAR.UT inched 0.04% higher to C$47.65 Friday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.32% to 20,937.55. Canadian Apartment Properties Real Estate Investment
Published: Jan. 5, 2024 at 4:12 p.m. ET By Will Feuer PMV Pharmaceuticals Chief Financial Officer Winston Kung has stepped down and will be succeeded by Michael Carulli. Kung has served as CFO of the precision-oncology company since 2017. He is stepping down to pursue other opportunities, the company said. Carulli joined the company in
Walt Disney is caught in a contentious battle with multiple activist investors. Shareholders should come out ahead no matter who the winner is. Right now, there are no fewer than four activists taking aim at the House of Mouse. That should come as no surprise given that Disney stock has lost more than half its
Liu Jianguo, a 47-year-old teacher in the second-tier city of Guiyang, considers himself lucky. He lives in a sliver of China where the property market isn’t withering. “I have friends in the big cities,” he said. “They are aware they’re in a bad place for buying or selling real estate.” New home prices in China’s
Published: Dec. 29, 2023 at 7:23 p.m. ET CHARLESTON, W.Va. — West Virginia is issuing the first checks from a fund established by the settlement of opioid lawsuits in the state, which has by far the nation’s highest drug-overdose death rate. The Kanawha County Commission said Thursday it received a $2.9 million check and plans to