Last week, the US’s Silicon Valley Bank came to a grinding halt, announcing it had run out of money. It was selling its stocks, had a negative cash balance, its share price fell by 60% and its CEO Greg Becker sold over $5 million of company shares a fortnight before the collapse. It has shocked
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Perth-based human services provider APM (ASX: APM) was born with the desire to help people of all backgrounds land jobs. Turns out, many organisations are on board with this desire seeing as the Company is locking in contracts across the world, with its most recent wins in Canada and the US. Under the Ontario Employment
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Integrated financial services company Sequoia Financial Group Limited (ASX: SEQ) is set to offload 80% of its equity interest in stock broking execution company Morrison Securities to New Quantum Holdings (NQ), a company that provides digital wealth management platform services. As a result, the Company will receive $40.5 million, giving Morrison a debt-free balance sheet
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After two “remarkable” attempts at business expansion, with one landing in hot water with the ASX while the other one completely flopped, shares in wealth management app Douugh (ASX: DOU) remains confident that the glass is still half full because hey, they say third time’s a charm. The Company claimed that its super money app
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Clinical state oncology company Prescient Therapeutics (ASX: PTX) has received the US FDA’s Orphan Drug Designation for its PTX-100 drug, used for cancer treatment. Previously, the Company received ODD for peripheral T-cell lymphomas (PTCL) in 2022. Following that, it applied for ODD for cutaneous T-cell lymphomas (CTCL), and it was granted a blanket designation for
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Entertainment and tech infrastructure company Swift (ASX: SW1) is making it big in Western Australia, locking in deals worth $2.06 million. It has been awarded projects across multiple sites for market-leading companies, like OTOC, AngloGold Ashanti, Mineral Resources and Roy Hill, due in 2023. As per the agreements, the Company’s engineering and delivery teams will
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You know what they say about bankruptcy, it’s a fresh start for those willing to take the leap. In this case, however, it is not the bankrupt company making a fresh start, it is a client. Global electric vehicle company Vmoto (ASX: VMT) is set to buy its UK Distributor, the UK Distribution—part of the
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Are you tired of working hard for your money? Well, some cunning fraudsters in the US have found effortless ways to make quick cash – by counterfeiting winning pull-tab/instant lottery tickets. Employing a number of intricate methods, counterfeiters have adopted techniques such as barcode tampering, fake scratch-off coatings, and even using advanced printing techniques that
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One of the world’s largest higher education sectors, India is home to over a thousand universities, 42k colleges, 11k standalone institutions and a college-age population—which is set to grow—that bolsters this system. India’s college-age population will reach 126 million by 2026. Even then, its higher education enrolment ratio lags behind China and Brazil. The Indian
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