Temperatures gradually cool into the holiday weekend.
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Temperatures gradually cool into the holiday weekend.
Several high-flying startups are being brought down to earth, as a recent carnage in global equity markets and lackluster demand for new listings force companies to raise funds at a substantial discount to their sky-high valuations. Easy money from venture capital dealmaking is fast evaporating in an inflation-induced high interest-rate environment as many private investors take a hard look at funding startups, many of which could be years away from turning a profit. Already high-profile companies such as payments firm Stripe, Swedish buy-now-pay-later firm Klarna and delivery startup Instacart have seen their valuations get knocked down by a peg or two this year, in what venture capital firms call down rounds.
Insurer American International Group Inc said on Tuesday that September would be the next window for the delayed initial public offering (IPO) of its life and retirement unit. AIG, one of the world's biggest commercial insurers, on Monday blamed market volatility for the delay, becoming the latest company to rethink IPO plans in the face of runaway inflation, rising interest rates and the Russia-Ukraine war. The unit filed for its offering in March and AIG, which had first announced the move in 2020, planned to complete the listing by the end of June, subject to market conditions.
VANCOUVER, British Columbia, August 09, 2022--Ynvisible Interactive Inc. (the "Company" or "Ynvisible") (TSX-V: YNV; OTCQB: YNVYF) announces that it has granted incentive stock options to officers, directors, employees, and consultants of the Company to acquire an aggregate of 2,705,000 common shares in the capital of the Company at an exercise price of $0.20 (the "Stock Options"), pursuant to the Company’s stock option plan.
Residents near Galpin’s Road, Thornton Heath, said they had been able to smell gas for two weeks prior to the blast which killed a young girl.
Taiwan's Foxconn, the world's largest contract electronics maker, on Tuesday said it will build driverless electric tractors for California-based Monarch Tractor at its Lordstown, Ohio facility starting in early 2023. "This partnership reflects Foxconn's growing center of gravity for autonomous electric vehicle production and the potential that can emerge from forward-thinking collaborations," Young Liu, chairman of Hon Hai Technology Group, as Foxconn is formally known, said in a statement. The agreement with Monarch Tractor is the first manufacturing contract Foxconn, best known for assembling Apple Inc's iPhone, has entered since purchasing the Ohio facility that was formerly a General Motors Assembly plant last year.
The Cornwall Insight estimate means the average household could pay £355 a month, up from £164 currently.
Monday's search was reportedly connected to an investigation into Mr Trump's handling of official papers.
The bad news keeps coming for the Chicago Bears.
REC Silicon ASA (REC Silicon) will release its Q2 2022 results on Wednesday, August 17, 2022, at 7:00 a.m. CEST. The same day at 8:00 a.m. CEST, the company will host an audiocast to present the results. Following the presentation, it will be opened for questions from the audience. The presentation and the following Q&A session will be in English. To join the audiocast, use the following link.https://channel.royalcast.com/landingpage/hegnarmedia/20220817_11/ Audiocast participants need to regist
MOUNTAIN VIEW, Calif., August 09, 2022--Workato, the leading enterprise automation platform, has been named to the Forbes 2022 Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures.
Munitions storage facilities exploded Tuesday near the Russian-held Saki airfield in Crimea, the Russian Defense Ministry confirmed.: Live updates.
"Life is tough, but pets are therapy"
Ask any campervan owner what attracts them to it and the word “freedom” will likely crop up. Freedom to roam, to hop in the van at the drop of a hat, and to park up in all sorts of places for a night before moving on to the next place. When it comes to where you station your van for the night, however, everyone has a different preference. Some like a campsite with a dedicated pitch. Others prefer finding a secluded spot to bunk down for the night – not having to pay, or answer to, anyone.
The rom-com star says he was diagnosed with vasculitis two years ago but has recovered and the ordeal made him strong
Amid rising inflation, interest rates and recession worries, money is getting tighter for many folks — and probably for you. Yet there may be charitable organizations you want to support, friends or family asking for financial help and things you want to buy for yourself. It’s possible to do these things even on a limited budget. But if you want to be responsible with your money, you have to know where to draw the line. When is it OK to put your own interests first? Use these criteria as guidanc
ITASCA, Ill., August 09, 2022--SEKO LOGISTICS ACQUIRES LEADING 3PL, PIXIOR, LLC.
Jamie Arnold has denied racially abusing the former England and Manchester United player at a match in 2021.
InfStones and Oracle today announced that they are collaborating on integrating InfStones' leading blockchain development platform with Oracle Cloud Infra-structure (OCI) to accelerate Web3 development. This collaboration will help deliver important insights that drive the evolution, development, and adoption of Web3 applications worldwide.
Poland could hit back at the European Union if it does not pay out its share of pandemic recovery funds, ruling party politicians have said after Brussels signalled it was not satisfied with Warsaw's latest judicial reforms. More than 35 billion euros ($36 billion) of COVID-19 recovery grants and loans had been put on hold due to a dispute over the reforms to the judiciary in Poland which the EU executive says subvert democratic standards. In June, the European Commission (EC) approved funds for Poland, but its head Ursula von der Leyen said more work needed to be done on the rule of law during a visit, when she met with Polish Prime Minister Mateusz Morawiecki.
The FBI Agents Association defended the agency's work against GOP claims that its search of Donald Trump's home were politically motivated.