April 19, 2025
Tangible Assets

UK’s largest water company is set to run out of cash – London Business News

Thames Water who is the largest water company in the UK is set to run out of cash by 24 March and the High Court has been told by not approving restructuring plans is a “risk which cannot be run.” The parent company of Thames Water (TWG), Thames Water Utilities Holdings Limited (TWUH) risks entering

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Operating Assets

Nigeria: Obanikoro Accuses Access Bank of Using His Property As Collateral for N1bn Loan Without His Consent

New facts have emerged on how Access Bank clandestinely granted N1 billion loan to a going concern, DDSS International Company limited, using a property belonging to another company, MOB Integrated Services, run by Gbolahan Obanikoro, as collateral without the owner’s consent or knowledge. Details of the loan provided by insiders, revealed that the property, owned

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Fixed Assets

Kemi Badenoch failed to take advantage of Brexit, says Sir Bill Cash

He later wrote: “Robert Jenrick uniquely resigned in the national interest when he recognised the Government’s failure to make the immigration laws work (the latest IPSOS polling shows immigration continues to be seen as the biggest issue facing Britain). “I note that she remained in office, despite the ‘failure to get the job done’. This

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Gold Investing

Why central banks own gold and investors should too

In this presentation, Jeffrey Christian of CPM Group discusses the relationship between central banks and their gold reserves. He reviews the historical context of central banks’ gold accumulation, from the post-World War II era to the present day, and discusses the shifting roles of gold as a monetary asset. Jeff explains why gold, despite losing

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Fixed Assets

US business equipment borrowings rise 13% in July, ELFA says

Aug 22 (Reuters) – U.S. companies increased borrowing to finance equipment investments by 13% in July compared with the previous year, the Equipment Leasing and Finance Association said on Thursday. New loans, leases and lines of credit signed up by companies in July were up 11% from $10 billion a month earlier. “Our latest report

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Gold Investing

The price of gold is at a record high. Here’s why

A gold rush is here. The precious metal hit an all time high this week. The spot price for gold closed Tuesday above $2,514, according to data from FactSet. That’s the highest closing price recorded for the commodity to date. Here’s what you need to know. What is the price of gold today? The spot

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Gold Investing

Gold prices comes off its high as traders price in new information

Gold prices are off their highs from earlier today and last week as investors factor in some new important ingredients into their trading decisions. Background Gold prices closed in positive territory last week, as the shining metal recorded some really solid gains and closed above the important level of 2,500. Now, traders are asking themselves

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Financial Assets

Walz and Vance finances couldn’t be more different. Advisers weigh in

Tim Walz on JD Vance: ready to debate Democratice Vice Presidential nominee Tim Walz campaigned with Kamala Harris on Tuesday — and said he’s looking forward to debating JD Vance. Fox – 2 Detroit A record 58% of Americans owned stocks in 2022, according to the Federal Reserve. Democratic vice presidential nominee Tim Walz was

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Financial Assets

George Santos Will Likely Plead Guilty In Fraud Case, Report Says

Topline Disgraced former Rep. George Santos, R-N.Y., who was hit with fraud and money laundering charges last year, is expected to plead guilty, according to The New York Times, eliminating a federal trial over the charges that was slated to begin soon. Santos will soon be on trial for 23 felony charges, unless he pleads

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