Shares in Macau’s Suncity Group Holdings Ltd more than tripled on Thursday. The firm said Executive Director Andrew Lo is its new majority shareholder. Shares gave up some of the gains but were still up 182%, valuing the company at $130m. Suncity is a Macau junket operator which brings in high rollers to gamble. Shares … Read more
The 17 honorees were revealed by President Joe Biden on Friday. A medal is given every year to famous people who have had a big impact on American society, culture, politics, or world peace. Denzel Washington is the only actor or entertainment personality honoured this year. Denzel Washington, a well-known actor, has received a growing … Read more
Peru’s central bank revises down 2022 growth projection to 3.1% from 3.4%, citing disruptions to mining projects. Peru is the world’s second-biggest copper producer. Protests by indigenous people have disrupted Peru’s mining sector in recent months. Peru’s monetary development will probably be somewhat lower this year, as per another national bank figure on Friday following … Read more
Kim Kardashian recently admitted to having “panic attacks” when she dressed herself for the first time without Kanye West’s supervision. “I have never really been the visionary,” the SKIMS founder admitted. Kanye would give me advice on what to wear, how to style my hair, and how to apply makeup. “Clothes were his love language,” … Read more
BEIJING: The recent default of property developer China Evergrande Group is an individual case and will pose little impact on the market, the country’s regulatory authorities said. Evergrande’s problem was mainly caused by its own mismanagement and break-neck expansion, an official with the People’s Bank of China told the press when asked to comment on … Read more
RIYADH: Venture capital impact investment in Saudi Arabia reached a new high in 2021 in both total number of transactions and capital deployed, Arab News quoted a report produced by MAGNiTT and Saudi Aramco. Impact investments are those aimed at generating a measurable social and environmental benefit alongside a financial return. Impact funding in the kingdom up … Read more
