Sunday, May 9, 2021
Home Blog Page 2

Singapore businessman linked to Wirecard – and 400 other companies- charged with falsification of accounts; more mysteries emerge in the Philippines.

The businessman, who has been listed as a director or company secretary to approximately 400 companies in the city-state-has multiple ties to Wirecard, said the FT report. The suspect is considered a key figure in an alleged multiyear fraud, accused of playing the role of trustee for fake bank accounts, which Wirecard told auditors were...

IT engineers and Estonian venture community lose one of their founding fathers

The Estonian IT entrepreneur, Toivo Annus, one of the founding IT engineers behind the global telecommunication application, Skype, unexpectedly died on 12 July, his widow has announced. “I inform you with the utmost sadness that last weekend, on 12 July, our beloved husband, dad, entrepreneur and investor, Toivo Annus, succumbed to an unexpected illness,”...

Local lockdowns answer to future COVID-19 flare-ups; test and trace starts this week; how to order a test

Schools, businesses and workplaces could be closed in areas that see spikes in infection rates, according to the UK government's plan to ease social distancing across the school system and greater economy in June.A Test and Trace system will start this week Thursday to test anyone with COVID-19 symptoms, which now include loss of taste and smell....

Low-income UK construction workers failing to claim millions says tax refund expert

With many construction projects on hold now more than ever construction workers must ensure they are keeping on top of their expenses, especially those accumulated and not claimed over recent years. RIFT, a PAYE construction travel expense claim specialist in the UK, says that their data shows that 31% of all PAYE construction workers...

Ardian takes 49% stake in Solarpack Peru projects

The projects have "remarkable recurring revenues, as evidenced since their commissioning at the end of 2012". Solarpack currently has three operating photovoltaic power plants in Southern Peru, adding a capacity of 62.8 MW to Solarpacks portfolio. Solarpack, meanwhile, retains a controlling share in the projects. Solarpack will use most of the funds obtained from Ardian’s investment to...

Special situations market preps for “once in a lifetime” opportunity

The investment opportunities we will see as special situation investors will be bigger than anything we saw during the financial crisis in 2008/2009, according. Dr. Dirk Markus, Chief Executive Officer of Aurelius Equity Opportunities, a German investment company with a global presence that provides loans to distressed companies.   “North American value investors are...

Art of the deal: virtual reality and investment platform accessing new generation of art investors (even from their sofas)

Following  the complete sell-out of their initial share offering,  UK-based digital art investments platform, ARTCELS, released 400 additional shares on 8 April 2020, amid plans to create bespoke virtual art experiences, including an exhibition, that allow shareholders to enjoy their art assets from the safety of their homes during the pandemic lockdowns. In February, the...

UK Coronavirus business interruption loan scheme in “accredited provider” gridlock to disperse funds

The Corporate Finance Network recently conducted research with 13,000 SME’s. “Its conclusions are stark,” comments Tim Stocks, Chief Executive of specialist merchant bank, James Stocks & Co.   An estimated 18% could become insolvent within the next four weeks due to their inability to access HM Government support under the Coronavirus Business Interruption Loan...

Healthcare divestment generates 3.6x cash-on-cash return multiple for Arx

DCB has been acquired by a joint venture involving Sava Re and Triglav, two of Slovenia’s largest insurance companies. The takeover of DC Bled will enable Sava Re and Triglav to implement their strategic expansion into the Slovenian private health services market. Bled-based DCB is the largest private healthcare service provider in Slovenia. The...

Recent Posts

Most Popular

ironSource SPAC

Thoma Bravo Advantage (TBA) SPAC values ironSource at $11bn

Nasdaq has added another SPAC deal to its tally with ironSource, a business platform for the app economy, which has entered into...
HyNet

Progressive Energy’s HyNet North West: how a homegrown project became the birthplace of the...

Progressive Energy's homegrown hydrogen technology and project could act as a platform for others across the UK and abroad HyNet North West...
how business influencers are impacting stock chatter in 2021

Tesla, Bitcoin and the Twitterati: how business influencers are impacting stock chatter in...

Tesla sees 60% surge in influencer conversations on Twitter post bitcoin investment Tesla has witnessed a dramatic 60% jump...
Travel ban justified as COVID-19 variant already in other countries and spreading fast

Travel ban ‘justified’ says virologist as COVID variants can only mutate when it infects...

The UK and Denmark are world-leaders in genome marking and as such could be the reason why these two countries have detected...

BuzzVestor Media’s Twelve Days of a Merry Little Business

BuzzVestor Media wishes the millions of freelancers, small business owners and startups around the world a very Merry and Festive Business Season....