Nordic Loans – Nordbi http://www.nordbi.org/ Sat, 14 May 2022 14:31:49 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 http://www.nordbi.org/wp-content/uploads/2021/04/nordbi-icon-150x150.png Nordic Loans – Nordbi http://www.nordbi.org/ 32 32 Bank Norwegian ASA, subsidiary of Nordax Bank Group, publishes its interim report for January-March 2022 http://www.nordbi.org/bank-norwegian-asa-subsidiary-of-nordax-bank-group-publishes-its-interim-report-for-january-march-2022/ Fri, 13 May 2022 14:20:04 +0000 http://www.nordbi.org/bank-norwegian-asa-subsidiary-of-nordax-bank-group-publishes-its-interim-report-for-january-march-2022/

Norwegian Bank ASA publishes today its interim report covering the period January-March 2022. To access the full report, please visit https://www.banknorwegian.se/omoss/investorrelations/.

Nordax Bank AB (publ) will publish its interim report for the corresponding period on May 25, 2022.

For more information, please contact:

Patrick McArthurCFO, Nordax

Tel: +46 760 32 69 70

E-mail: go@nordax.se

About Nordax

Nordax Bank is a leading specialized bank in North Europe with powerful owners in the form of Nordic Capital Fund IX, Nordic Capital Fund VIII and Sampo. We currently have approximately 2 million private customers, of which just under 1.2 million are credit card customers, in the Nordic countries, Spain, Germany and the Netherlands. We are a specialist bank that, through responsible lending, helps people make informed decisions for a life they can afford. We are a flexible complement to large banks. Instead of quantity, we have specialized in a few selected products that we know best: personal loans, mortgages, mortgages with capital release, credit cards and savings accounts. In November 2021, Nordax Bank acquired Norwegian Bank ASA, which has brought not only a large number of customers to the Group, but also complementary assets in terms of product expertise, digital distribution and geographical presence. Since 2019, Svensk Hypotekpensionspecialist in equity release products, is a 100% subsidiary of Nordax Bank. The Group has more than 500 employees, with offices in stockholmMalmo, Gothenburg and Fornebu, Oslo. The credit assessment process is one of Nordax’s core competencies. It is comprehensive, based on sound and data. Nordax customers are financially stable. Like a December 31, 2021loans to the public amounted to 70.7 billion Swedish crowns and deposits at 67.4 billion Swedish crowns.

Learn more about Nordax at http://www.nordaxgroup.com

https://news.cision.com/nordax-bank-ab/r/bank-norwegian-asa–a-subsidiary-within-the-nordax-bank-group–publishes-its-interim-report-for- january,c3566878

(c) Decision 2022. All rights reserved., sources Press Releases – English

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I was taught not to join the Indian army because we have to fight ‘our own men’: 24-year-old Islamic scholar http://www.nordbi.org/i-was-taught-not-to-join-the-indian-army-because-we-have-to-fight-our-own-men-24-year-old-islamic-scholar/ Fri, 06 May 2022 16:15:52 +0000 http://www.nordbi.org/i-was-taught-not-to-join-the-indian-army-because-we-have-to-fight-our-own-men-24-year-old-islamic-scholar/

Photo: Times Now

HIGHLIGHTS

  • Askar Ali, 24, renounces his religion
  • Askar Ali was kidnapped and beaten by members of his community
  • On April 30, a local magistrate’s court allowed him to live as he wished.

Kolam: In a shocking incident of blatant intolerance, a 24-year-old Islamic scholar named Askar Ali who recently renounced his religion was abducted and assaulted by a gang of ten members from his own community in Kollam. He was about to attend a program in Kollam, where he was ready to “reveal the reasons for repudiating Islam‘.

The 24-year-old was taken to a beach in broad daylight, pushed inside a car and then beaten by the gang which included his relatives. The incident happened in Kollam on May 1 as Askar Ali was about to attend a program themed “Those Who Consume Religion”.

Kollam police had filed a case against 10 people including his relatives after a complaint from Askar Ali, a native of Malappuram.

According to Ali’s complaint, a group of people from Malappuram tried to abduct him to ensure that he would not address the event on May Day. Kollam Beach, where I was bullied. They destroyed my cell phone and tore my clothes. They took me by force into a vehicle and tried to lock me inside. When the locals raised the alarm, the police rescued me,” he said.

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Ali was supposed to speak at an event organized by “Essense Global”, an organization promoting “scientific spirit, humanism and the spirit of inquiry and reform in society”.

Ali had completed a 12-year training hudawi religious program of a major religious academy in Malappuram.

Ali, who spoke to Times Digital from an undisclosed location, said he was targeted by a group of Islamic fundamentalists for his decision to renounce Islam.

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“We were taught to hate other communities and not to join the Indian army because we will have to kill members of our own community, which is against our religious principles. This is what we have been taught because we will be forced to kill terrorists who try to infiltrate Indian soil. Aren’t they Muslims? Our religion teaches us not to kill another Muslim. It really is a dangerous education. Not only that, they even teach us how to spread this ideology to other members of the community. It is extremely dangerous. Banning an organization will not help stem this threat. Islam as it is is real fascism,” said Askar Ali who spoke at the event which was postponed to another date in the presence of police.

On April 30, Ali’s family filed a missing person complaint in Malappuram. On Monday night, Malappuram police brought Ali before a local magistrate’s court, which allowed him to live as he wished.

]]> Bayport Issues $250 Million Senior Social Bonds and $50 Million Subordinated Social Bonds, Repurchases a Portion of its Outstanding Bonds and Provides Conditional Notice of Early Bond Redemption with ISIN NO0010856180 http://www.nordbi.org/bayport-issues-250-million-senior-social-bonds-and-50-million-subordinated-social-bonds-repurchases-a-portion-of-its-outstanding-bonds-and-provides-conditional-notice-of-early-bond-redemption-with/ Thu, 05 May 2022 18:30:00 +0000 http://www.nordbi.org/bayport-issues-250-million-senior-social-bonds-and-50-million-subordinated-social-bonds-repurchases-a-portion-of-its-outstanding-bonds-and-provides-conditional-notice-of-early-bond-redemption-with/

Bayport Issues $250 Million Senior Social Bonds and $50 Million Subordinated Social Bonds, Repurchases a Portion of its Outstanding Bonds and Provides Conditional Notice of Early Bond Redemption with ISIN NO0010856180

Mauritius, 5th May 2022. Bayport Management Ltd (“Bayport”) announces today that the group has successfully issued USD 250 million of senior social bonds (the “Senior Notes”) and USD 50 million of subordinated social bonds (the “Subordinated Notes”, and together with the Senior Notes, the “Bonds”, both due 2025. In connection with the bond issues, Bayport has redeemed a portion of its outstanding senior and subordinated social bonds, both due in 2022, and gives conditional notice of early redemption of all of its outstanding senior social bonds with ISIN NO0010856180 (BAYP 007) (the “Existing Senior Bonds”).

The transactions have been well received by the market, demonstrating the strong investor relationships Bayport has managed to build over the years as an issuer in the Nordic high yield market. Bayport is particularly pleased that one of the Nordics’ leading Development Finance Institutions (DFIs) has decided to invest $10 million in our subordinated social bond. It is truly a testament to investors’ confidence in Bayport’s ability to deliver meaningful social impact in the various markets that Bayport operates. This transaction will officially settle once the DFI receives final board approval, which is expected to take place at the end of May 2022. The bookrunners will retain this order until the end of May 2022.

“Today’s bond offerings demonstrate international investors’ confidence in Bayport’s prospects as a strong and sustainable withholding lender in Africa and Latin America, with the social framework set by Bayport being strongly recognized. We are also delighted to be able to gain the trust of a new Nordic DFI. says Chris Newson, CEO of Bayport.

The Senior Notes are issued in a total frame of $400 million and carry a fixed coupon rate of 13% and the Subordinated Notes are issued in a total frame of $100 million and carry a fixed coupon of 15%. The bonds are intended to be admitted to trading on Nasdaq Stockholm’s list of sustainable bonds.

As part of the bond issues, Bayport repurchased $126.9 million of its existing senior bonds at a purchase price of $100,000 per bond (with accrued but unpaid interest) and $54.4 million of its social bonds outstanding subordinated notes with ISIN NO0010871601 (BAYP 008) at a purchase price of US$102,900 per note (with accrued but unpaid interest).

Bayport hereby gives conditional notice of early redemption of all of the Existing Senior Notes, which notice will also be sent to VPS (Norway) for delivery to persons registered in the securities account with VPS (Norway) as holders of Existing Senior Notes. The early redemption date is expected to be May 31, 2022. The early redemption is conditional upon the successful settlement of the Senior Notes by May 27, 2022 (the “Condition”).
Pursuant to their terms and conditions, the Existing Senior Notes will be redeemed at an amount equal to 100.00% of the aggregate nominal amount outstanding (ie USD 100,000 per Existing Senior Note). The prepayment amount, together with any accrued and unpaid interest, will be paid to each person registered in the securities account with VPS (Norway) as a holder of Existing Senior Bonds on the record date of 27 May 2022 , i.e. two working days before the reimbursement date. As part of the early redemption, the existing senior bonds will be removed from Nasdaq Stockholm’s list of sustainable bonds.

If the condition is met or waived by Bayport, the prepayment will be irrevocable. If the condition is not satisfied or if it is waived, the prepayment will not take place and, in this case, this will be communicated by Bayport by means of a press release. If Bayport by May 27, 2022 has not communicated by means of a press release that the Condition has not been satisfied, the Condition will be deemed satisfied or waived by Bayport and the repurchase will be irrevocable without further communication.
ABG Sundal Collier and DNB Markets acted as joint bookrunners and Gernandt & Danielsson Advokatbyrå acted as legal counsel.
For further information, please contact Tracy-lee Westman, Head of Capital Markets, Bayport Management Ltd, +27 (0)11 236 7303
This information is information that Bayport Management Ltd is required to make public under the EU Market Abuse Regulation. The information was submitted for publication, through the contact person listed above, at 8:30 p.m. CEST on May 5, 2022.

Attachments

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Headlines at 10:30 a.m. on May 5, 2022 http://www.nordbi.org/headlines-at-1030-a-m-on-may-5-2022/ Thu, 05 May 2022 05:00:04 +0000 http://www.nordbi.org/headlines-at-1030-a-m-on-may-5-2022/ You are listening to the Expresso News update. Here is the latest news from The Indian Express.
“Let’s start with the main news of the day: ending the low interest rate regime, the Reserve Bank of India raised the Repo rate, the main policy rate, by 40 basis points to 4.40% and the cash reserve rate by 50 basis points to 4.50% to reduce high inflation and cope with the impact of geopolitical tensions.

At an unscheduled meeting of the monetary policy committee, however, the central bank maintained the accommodative monetary policy. The sudden move by the RBI – the first hike after August 2018 – is expected to drive up interest rates in the banking system. Matching monthly payments on home, auto, and other personal and business loans are likely to increase. Deposit rates, mainly fixed term rates, are also expected to rise.


The sharp acceleration in headline consumer price index inflation in March 2022 to 7% was propelled in particular by food inflation, RBI Governor Shaktikanta Das said. :

Moving on, following the violence in Jodhpur, Rajasthan Chief Minister Ashok Gehlot criticized the Bharatiya Janata Party saying that their high command ordered them to defame our government and create instability.

In other news: Maharashtra Navnirman Sena Chief Raj Thackeray says their agitations will continue until illegal loudspeakers are removed from mosques.

“Moving to other important news: stressing the ‘shared values ​​of freedom, democracy and rule-based order’ with the Nordic countries, Prime Minister Narendra Modi discussed the situation in Ukraine with the Prime Ministers of Denmark, Sweden, Finland, Norway and Iceland at the second India-North Summit in Copenhagen

With countries prioritizing cooperation in the post-Covid situation, Modi highlighted “how India has used IT platforms for effective sensitization and monitoring of Covid vaccination in India.” Stressing the need for a “human-centric multilateral order”, he told the Nordic leaders that India believes “such platforms are a natural global good”.


“A 13-year-old Dalit rape survivor in Uttar Pradesh was allegedly raped again by the police officer at a police station in Lalitpur district where she had gone to file charges against four men for kidnapping her and gang-raped last month.

Police have filed a complaint against six people, including the SHO and the girl’s aunt, after the incident came to light when the girl told members of a child helpline about her ordeal. The SHO was suspended, following a complaint filed by the girl’s mother on Tuesday, and arrested on Wednesday.

Congress Leader Priyanka Gandhi Vadra tweeted saying needed law and order reforms were being ‘suppressed amid the sound of bulldozers’ – a reference to the state government’s demolition campaign against the history leafters.
“And finally, to mark eight years of the Narendra Modi government in the Centre, the Bharatiya Janata Party in Haryana has planned an outreach program starting today which aims to cover 21 lakh families in 21 days.

Haryana BJP spokesperson Sudesh Kataria said party leaders and workers will present to the public the social welfare policies of the Modi government and the state government led by Manohar Lal Khattar during the program of sensitization.
The BJP has stepped up its organizational activities at a time when opposition leader and former chief minister Bhupinder Singh Hooda seeks to energize Congress workers after winning a ‘carte blanche’ in state unity party with the appointment of his loyalist Udai Bhan as Haryana Congress leader. .”

“You were listening to the Expresso News update by The Indian Express. Ask your digital assistant to read the latest news from the Indian Express for
stay up to date with the most accurate and reliable updates.

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Barclays awards $255,000 to small businesses as part of ‘Small Business Big Wins’ promotion http://www.nordbi.org/barclays-awards-255000-to-small-businesses-as-part-of-small-business-big-wins-promotion/ Tue, 03 May 2022 18:22:00 +0000 http://www.nordbi.org/barclays-awards-255000-to-small-businesses-as-part-of-small-business-big-wins-promotion/

Through essays and photos, more than 4,750 small businesses from across the country shared their compelling stories of resilience in a landscape forever changed by COVID-19 and how they met the unique demands of 2021 through promotion.” Small Business Big Wins” presented by Barclays. The top 10 were selected and presented online at BarclaysSmallBizBigWins.com for a public voting period that took place April 13-22.

With hospitals often overwhelmed, Ashland’s Birthing Center has become a safe space for expectant mothers during the pandemic, providing a full range of prenatal, labour, delivery and postpartum services.

“Throughout this pandemic, the small business community has been forced to pivot and adapt during unprecedented times,” said Nancy Parnell, director of American business cards at Barclays. “At Barclays, we know that small businesses are the economic engine of their local communities, and we are honored to share their stories of perseverance and provide financial support to help them continue to thrive.”

The competition was sponsored by the Barclays Business Cards team, which has a long history of supporting business owners of all sizes with its wide range of cards that offer business owners rewards for dollars spent on their business needs. .

In addition to $60,000 grand prize, Barclays rewarded $40,000 to Nordic-Knot from Reston, Virginiafor second place; $20,000 to Superfit Hero from Riverside, California, for third place; and $5,000 to each of the remaining finalists in the top 10. Barclays also awarded 50 contest participants $2,000 each by lot, totaling $255,000 in support of 60 small businesses across the country.

“I am so happy and excited to share this with our staff and our communities,” said savita jones, owner of Ashland Birthing Center. “Our communities did it. They brought us here. Now they’re going to keep us here. We’re going to buy our current building and stay here.”

The full list of finalists includes:

  • Ashland Birthing Center Ashland, Wis. ($60,000): A parent guidance and support service provider that offers a wide range of midwifery services throughout pregnancy, newborn and postpartum childbirth.
  • Nordic-Knot Reston, Virginia ($40,000): A traditional Scandinavian pretzel baker who uses traditional “Nordic” dough to create all-natural, freshly baked, handmade pretzels and works with breweries to create pretzels that pair their signature beers with special grains.
  • Superfit Hero Riverside, California ($20,000): A size-inclusive sportswear company that offers quality plus-size clothing for athletes that also offers full coverage, moisture-wicking technology and a range of compression options.
  • Advanced and Innovative Multifunctional Materials LLC (AIMM) Dayton, Ohio ($5,000): A materials science company and lab focused on water purification and self-disinfecting N95 masks that is also working to develop unique materials with antimicrobial properties.
  • BoCa Flavor Baltimore, Maryland ($5,000): A manufacturer of Caribbean– infused seasoning that takes a modern take on the traditional Caribbean seasoning, fusing staple island ingredients to bring an everyday blend to brighten up the kitchen.
  • Flagstaff Doulas Flagstaff, Arizona ($5,000): A healthcare and social support provider who specializes in guiding and assisting new parents, helping them deal with the questions and decisions many face before, during and after the birth of their child. new child.
  • Nudi Wear Kaneohe, Hawaii ($5,000): A sportswear manufacturer developed with the sustainability of our oceans in mind that also shares a percentage of its profits with organizations that preserve our seas.
  • Secret Blessings Robbinsville, North Carolina ($5,000): A custom inspirational accessories boutique that develops blankets, backpacks, pouches and more with inspirational words or encouraging phrases sewn into the fabric.
  • Socks Campaign Socks Socks Highland Ranch, Colorado ($5,000): A charity that collects socks which it then donates to needy homeless shelters around the denver Metropolitan area.
  • Stitchwitch Changes Santa Barbara, California ($5,000): A seamstress and designer who handles a wide range of sewing projects, from costume alterations and clothing adjustments, as well as home decor items such as pillows, comforters, slipcovers and more.

For more information on the finalists, visit BarclaysSmallBizBigWins.com. For more information on Barclays’ business card offerings, visit BarclaysUS.com/Business.

About Barclays US Consumer Bank
Barclays US Consumer Bank is a leading co-branded credit card issuer and financial services partner in the United States that creates highly customized loyalty and customer loyalty programs for some of the travel, entertainment, retail, retail and nation’s most successful retail and affinity. The bank offers co-branded credit cards, small business credit cards, installment loans, POS financing, online savings accounts and CDs. For more information, please visit BarclaysUS.com.

Barclays is a British universal bank. We are diversified by business, by different types of clients and customers, and geographically. Our businesses include worldwide consumer and payment banking operations, as well as a leading, full-service global corporate and investment bank, all of which are backed by our services company which provides the technology, operations and functional services across the Group. For more information about Barclays, please visit barclays.com.

SOURCEBarclays

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Trader’s diary: everything you need to prepare for the week ahead http://www.nordbi.org/traders-diary-everything-you-need-to-prepare-for-the-week-ahead/ Sun, 01 May 2022 19:47:01 +0000 http://www.nordbi.org/traders-diary-everything-you-need-to-prepare-for-the-week-ahead/
  • Markets had another anguished week, the ASX more than held up globally
  • Chinese lockdown is timid and central banks take center stage
  • Six new names set to debut at ASX this week

Major Economic Headlines Last Week

Markets faced more music last week, an old tune with a rate-hike beat and the blues of Chinese lockdowns.

The good news for our resource-laden equity markets was Friday’s vague but off-the-cuff statements about more market stimulus coming from Beijing.

The details are slim, but the assurances are not only in the wind: Chinese economic authorities only say what they think – investors can therefore count on support from vulnerable sectors (real estate, construction, retail and above all technology) and some tips for boosting domestic consumption – most of which bode well for an Australian market rich in the raw materials that form the building blocks of so many Chinese creations.

In the United States, the tech-rich Nasdaq has taken on more water, just as its messiah Elon Musk has taken over more of what makes him tick (or tweet). The Nasdaq is now down 23% from its all-time high, while broader US stocks are down 3.3% for the week and 14% from early January highs.

We’re still a hell of an equity outperformer here. We might be flat for 2022, but aside from Brazil and Canada (both commodity-producing countries), we’re kicking around the world.

Dr Shane Oliver, Chief Economist and Head of Investment Strategy at AMP Capital, the ASX pep talk is quite simple – keep your head up, because your high exposure to resources and low exposure to technology make you a relative winner in 22 .

“Our base case for investment markets remains that the US, global and Australian recession will be averted for at least the next 18 months, allowing stock markets to have reasonable returns over a 12-month horizon. However, last week was a reminder that near-term risks from inflation, rate hikes, war in Ukraine and Chinese growth remain high, which of course has led to greater volatility in the markets. markets, with U.S. stocks falling back to March lows and Nasdaq and China stocks making new lows.

Elsewhere last week, the Russian president played his gas card against Poland and Bulgaria, deftly and easily sowing the seeds of European discord, while the flow of arms and support from America to Ukraine make NATO resistance look like an American proxy war. President Joe Biden has actually signaled his intention to bleed Russia’s strength.

The investment markets will therefore be far from having put this “black swan” to bed.

So looking ahead, the Fed and Bank of England should raise interest rates instead, although the Poms should win this particular contest. The Reserve Bank of Australia (RBA) is feeling the heat to get things done this week, rather than waiting for it all to be over (elections and such) in June. It will also be a busy week for employment data.

But the main spotlight will be on the Federal Reserve, which is almost ready for a 50 basis point hike on Wednesday.

The move appears to be the first of many in this cycle and Powell Speaker Jerome hasn’t been home to talk dove lately.

OPEC holds its monthly meeting, but with energy prices moving like a George A Romero zombie, that they surprise and pump more oil is a talking point worth discussing on a lounge chair , heading to the new world on a large unsinkable boat symbolizing all the pride of a world in love with its new ability to bend the planet to its will.

Things also cost more. Our scene now turns to the May RBA meeting for some rate hike action.

Economic calendar for this week

Sources: Westpac, Commsec.

Australia

MONDAY

Final Manufacturing PMI
CoreLogic House Pricing
Melbourne Index Inflation Gauge
Job vacancies and food prices

TUESDAY
The Reserve Bank Board of Directors meets to get all the information on the exchange rate

WEDNESDAY
Australian End Services PMI
ABS Retail Sales and Home Loans

THURSDAY
Commercial and construction ABS applications

FRIDAY
Reserve Bank SoMP

International calendar

United States (AEDT)

MONDAY
PMI & Manu final manufacturing. ISM

TUESDAY
Jerks and Factory Orders

WEDNESDAY
Data ADP Employment
Commerce, End Services PMI
ISM & FOMC Services

THURSDAY
1Q Productivity and claims

FRIDAY
NFP/Employment

Europe (AEDT)

MONDAY
Eurozone final manufacturing PMI
EU Econ./Ind./Services Confidence read

TUESDAY
UK End Manufacturing PMI
Retail sales in Germany

WEDNESDAY
BoE and MPR policy meeting
UK Final Services PMI Germany Trade and Final Services PMI
Retail sales in the EU

THURSDAY
Factory orders in Germany

FRIDAY
Germany Industrial Prod.

And according to the ASX, these companies list:

Allup Silica (ASX:APS)

Registration: May 2

IPO: $5 million at $0.20

This explorer is focused on his silica sand buildings – and has high hopes for the product which is essential for the manufacture of photovoltaic (solar) panels and other vital industrial applications.

The company owns the Unicup, Antwalker, Pipeclay Tree, Esperance and Argyle projects in WA.

Sarama Resources (ASX:SRR)

Registration: May 2

IPO: $8 million at $0.20

This West African gold explorer is already listed on the TSX and aims to develop its flagship Sanutura project in Burkina Faso.

But Sanutura is already quite big, with mineral resources of 2.9 Moz, including 9.4 Mt at 1.9 g/t for 600,000 oz in the indicated category and 52.7 Mt at 1.4 g/t for 2.3 Moz inferred.

The company has 50,000m of mostly extension drilling planned over the next 12 months.

Solstice Minerals (ASX:SLS)

Registration: May 2

IPO: $12 million at $0.20

100% subsidiary of OreCorp (ASX:ORR), Solstice owns OreCorp’s interests in four WA assets; the Yarri, Kalgoorlie, Yundamindra and Ponton projects.

Going forward, OreCorp’s existing core business will focus on the Nyanzaga project in Tanzania, with Solstice Minerals focusing on the WA assets – which are promising for orogenic-style gold mineralization – with the Kalgoorlie project also prospective for the nickel sulphide mineralization hosted in komatiite.

Sierra Nevada Gold (ASX:SNX)

Registration: May 3

IPO: $12.5m at $0.50

This explorer is building a pipeline of precious and base metal discoveries in Nevada, USA.

Its portfolio includes the Blackhawk polymetallic silver-gold epithermal discovery and the Blackhawk porphyry copper-gold discovery.

SNG also has the Warrior, New Pass and Colorback gold projects.

Approximately 12,000 m of drilling is planned over the next 12 months.

Southern Cross Gold (ASX:SXG)

Registration: May 5

IPO: $10 million at $0.20

This gold explorer is focused on revitalizing the Victorian goldfields, home to Fosterville and Costerfield, two of the richest underground deposits in the world.

The company is a spin-out of Toronto Stock Exchange-listed Mawson Gold, which is now a Nordic-focused gold exploration company and owns the Rajapalot gold-cobalt project in northern Finland.

SXG operates the Sunday Creek, Redcastle and Whroo projects in Victoria, as well as the Mt Isa polymetallic project in Queensland.

Chrysos Corporation (ASX:C79)

Registration: May 6

IPO: $183.5m at $6.50

This analytics player combines science and software to create technology solutions for the global mining industry.

Its flagship product PhotonAssay was originally developed by Australia’s national science agency, CSIRO, and provides faster, safer, more accurate and more environmentally friendly analysis of gold, silver and additional items.

The company says technology has quickly replaced slower, more dangerous and expensive processes to become the most innovative and valuable analytics solution in the mining industry.

They are so interesting, Josh Chiat has it all here.

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UK government fund invests in cannabis oil company and London microbrewery | Contractors http://www.nordbi.org/uk-government-fund-invests-in-cannabis-oil-company-and-london-microbrewery-contractors/ Thu, 28 Apr 2022 18:24:00 +0000 http://www.nordbi.org/uk-government-fund-invests-in-cannabis-oil-company-and-london-microbrewery-contractors/

The British government has become a shareholder in a cannabis oil company, a yoghurt bar company, a London-based craft brewery and a manufacturer of land, submarine and air drones which “s ‘inspire tricks animals use to get around’.

The British Business Bank’s taxpayer-backed Future Fund, set up by the government to provide loans to startups during the pandemic, announced investments in 75 other businesses on Thursday, including a stake in a yacht charter business, a developer of virtual reality games and a cure for cancer. solidify.

The fund, initially touted as a way for the government to support innovative companies that might have struggled to get money during the pandemic, now has a stake in 335 companies.

The latest round of investments includes Grass & Co, founded by brothers Ben and Tom Grass in 2019, which makes cannabidiol (CBD) products from chemicals found in hemp, which are stocked in stores such as than Selfridges and Boots.

Other new investments disclosed by the fund include Yaar, a Nordic yoghurt bar maker; Animal Dynamics, a drone company; Borrow a Boat, a yacht charter company; London-based cancer treatment company Epsilogen; Gipsy Hill Brewing Company; and virtual game maker nDreams.

“The Future Fund was created to increase the flow of capital to businesses at the height of the pandemic, while ensuring long-term value for the UK taxpayer,” said Ken Cooper, Managing Director of Venture Capital Solutions. at the British Business Bank. “We are delighted to see this flow of companies continue to raise more capital from the private sector. As a shareholder in these companies, the Future Fund is well placed to share in the benefits of continued growth.

In total, the government has spent around £1.14bn supporting 1,190 businesses through the Future Fund. Of these, 335 saw their loans converted into equity after successfully raising funds from private investments that at least matched government funding.

On Wednesday, The Times reported that at least 34 companies that received funding were being liquidated, at a potential cost of £40m of taxpayers’ money.

The government has previously revealed investments in companies including football club Bolton Wanderers, a kombucha drink maker, a bespoke shipbuilder and a knitting and crochet supplier.

As taxpayers now hold stakes in companies such as Vaccitech, co-inventor of the AstraZeneca Covid-19 vaccine, and Ripple Energy, which allows customers to take stakes in a wind farm, the government has also come under fire for some of its investment decisions.

Many in the arts and entertainment industry have denounced the £1million investment in Secret Cinema, which staged immersive cinematic events themed around Star Wars, Blade Runner, Back to the Future, Dirty Dancing and Stranger Things, when so many other companies in the industry have missed out on financial support during the pandemic.

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April 26 Stock Analyst Downgrades (BVNRY, BYPLF, CAIXY, CCAP, CDAK, CDXC, COLL, CRSR, CSTR, CTTAY) http://www.nordbi.org/april-26-stock-analyst-downgrades-bvnry-byplf-caixy-ccap-cdak-cdxc-coll-crsr-cstr-cttay/ Wed, 27 Apr 2022 01:47:25 +0000 http://www.nordbi.org/april-26-stock-analyst-downgrades-bvnry-byplf-caixy-ccap-cdak-cdxc-coll-crsr-cstr-cttay/

Stock analyst downgrades for Tuesday, April 26:

Bavarian Nordic A/S (OTCMKTS: BVNRY) was downgraded by analysts from Zacks Investment Research from a hold price to a sell price. According to Zacks, “Bavarian Nordic A/S is a biotechnology company. It focused on the development, manufacturing and commercialization of cancer immunotherapies and infectious disease vaccines. The Company’s product pipeline includes IMVAMUNE(R), PROSTVAC(R), MVA-BN Brachyury, CV-301, MVA-BN Filo which are in clinical trial stage. Bavarian Nordic A/S is headquartered in Kvistgaard, Denmark. “

Bodycote (OTCMKTS: BYPLF) was downgraded by analysts from Zacks Investment Research from a hold price to a sell price. According to Zacks, “Bodycote PLC provides heat treatment services through heat treatment, metal joining, surface technology and hot isostatic pressing. It serves the aerospace, defense, automotive, power generation, oil and gas, construction, medical and transport. Bodycote PLC is headquartered in Macclesfield, UK.”

CaixaBank (OTCMKTS: CAIXY) was downgraded by analysts from Zacks Investment Research from a hold price to a sell price. According to Zacks, “CaixaBank SA provides banking and financial products. The Company’s segments include Banking and Insurance division which provides financial services to individuals, including retail banking, private and personal banking, professional clients, such as commercial and corporate banking, cash management and market solutions, as well as insurance products. The Investments division includes investments. CaixaBank SA is based in Valencia, Spain. ”

Crescent Capital BDC (NASDAQ:CCAP) was downgraded by analysts from Zacks Investment Research from a hold price to a sell price. According to Zacks, “Crescent Capital BDC Inc. is a business development company. It focuses on origination and investment in middle market private corporate debt. Crescent Capital BDC Inc. is based in California, USA. “

Codiak BioSciences (NASDAQ:CDAK) was downgraded by analysts from Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Codiak BioSciences Inc. is a clinical-stage biopharmaceutical company. He focuses on the development of exosome-based therapies for oncology, neuro-oncology, neurology, neuromuscular diseases and infectious diseases. Codiak BioSciences Inc. is based in CAMBRIDGE, Mass. “

ChromaDex (NASDAQ:CDXC) was downgraded by analysts from Zacks Investment Research from a hold price to a sell price. According to Zacks, “ChromaDex Corporation and its subsidiaries provide phytochemical reference standards and reference materials, related contract services and products for the dietary supplement, nutraceutical, food and beverage, functional food, pharmaceutical and cosmetic markets. . ChromaDex’s core business strategy is to use the intellectual property leveraged through its expertise in the field of natural products and in the creation of reference materials for industry as the basis for providing its customers with new and alternative, green and marketable products. en masse. The company’s main priority is to create industry accepted information and provide products and services to all segments of the functional food, pharmaceutical, personal care and dietary supplement markets. The company markets and sells its products in the United States and Canada. It offers its products through distributors in Europe, South America, Korea, India, Japan, Australia, New Zealand, China, Indonesia, Malaysia, Singapore, Thailand and in Mexico. “

Collegium Pharmaceutical (NASDAQ: COLL) was downgraded by analysts from Zacks Investment Research from a holding rating to a strong sell rating. According to Zacks, “Collegium Pharmaceutical Inc. is a specialty pharmaceutical company. It develops and markets prescription and over-the-counter pharmaceutical products for the treatment of central nervous system, respiratory and skin disorders. The Company’s product candidate consists of COL-195, COL-196, COL-171, COL-003 and COL-172 which are undergoing different clinical trials. It has developed a formulation platform technology, DETERx, for the treatment of chronic pain. Collegium Pharmaceutical Inc. is based in CUMBERLAND, USA. “

Corsair Gaming (NASDAQ:CRSR) was downgraded by analysts from Zacks Investment Research from a holding rating to a strong sell rating. According to Zacks, “Corsair Gaming, Inc. designs, markets and distributes gaming and streaming peripherals, components and systems primarily in the United States and internationally. Corsair Gaming, Inc. is based in Fremont, California. “

CapStar Financial (NASDAQ:CSTR) was downgraded by analysts from Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “CapStar Financial Holdings, Inc. is a bank holding company. It mainly operates through its wholly owned subsidiary, CapStar Bank. The Company offers banking products and services that include savings accounts, debit and credit cards, personal and business loans, mortgages, lines of credit, wealth management and online banking. CapStar Financial Holdings, Inc. is headquartered in Nashville, Tennessee. “

Continental Aktiengesellschaft (OTCMKTS: CTTAY) was downgraded by analysts from Zacks Investment Research from a hold price to a sell price. According to Zacks, “Continental AG manufactures tires, automotive parts and industrial products. The Company’s operating segment includes the Chassis and Safety segment, which develops and produces systems for the automotive industry; the Powertrain segment, which integrates system solutions for the powertrain and vehicles of all categories; Interior segment, which offers information management solutions to network drivers and passengers with their own and other vehicles, Tires segment, which offers tires for passenger cars, trucks, buses, construction vehicles, vehicles industrial, bicycles and motorcycles and ContiTech segment, which develops rubber and plastic products. Continental AG is headquartered in Hannover, Germany. “

Camping World (NYSE: CWH) was downgraded by analysts from Zacks Investment Research from a hold price to a sell price. According to Zacks, “Camping World Holdings, Inc. is a provider of services, protection plans, products and resources for recreational vehicle enthusiasts. The company’s brand consists of Camping World and Good Sam. It offers new and used RVs for sale, vehicle servicing and maintenance through retail outlets and membership clubs . Camping World Holdings, Inc. is based in Lincolnshire, USA. “

Logistics Partners Delek (NYSE: DKL) was downgraded by analysts from Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Delek Logistics Partners, LP owns, operates, acquires and constructs crude oil and refined products logistics and marketing assets. The Company operates crude oil transmission pipelines, refined products pipelines, crude oil gathering system and associated crude oil storage tanks. It also provides marketing services for refined products other than jet fuel and petroleum coke; and light goods, operates light goods terminals in Texas and Tennessee and provides terminalling services to independent third parties. Delek Logistics Partners, LP is headquartered in Brentwood, Tennessee. “

Digital Ocean (NASDAQ: DOCN) was downgraded by analysts from Zacks Investment Research from a holding rating to a strong sell rating. According to Zacks, “DigitalOcean helps developers, startups, and small-to-medium businesses rapidly build, deploy, and scale applications to accelerate innovation and increase productivity and agility. DigitalOcean is based in New York, USA. -United. “



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Female artists dominate the Venice Biennale for the first time http://www.nordbi.org/female-artists-dominate-the-venice-biennale-for-the-first-time/ Sun, 24 Apr 2022 06:17:42 +0000 http://www.nordbi.org/female-artists-dominate-the-venice-biennale-for-the-first-time/

For the first time in the 127-year history of the Venice Biennale, the world’s oldest and largest contemporary art fair features a majority of female and gender-nonconforming artists, under the curatorial direction of Cecilia Alemani.

The result is a Biennale that spotlights artists long overlooked despite prolific careers, while exploring themes such as gender norms, colonialism and climate change.

Alemani’s main show, titled “The Milk of Dreams”, alongside 80 national pavilions, opens on Saturday after a year-long pandemic delay. The art fair runs until November 27. This is only the fourth of the 59 editions of the Biennale under the direction of a woman.

The predominance of women among the more than 200 artists chosen by Alemani for the main exhibition “was not a choice, but a process,” Alemani, an Italian curator based in New York, said this week.

Cecilia Alemani.
Image credit: AP

“I think some of the best artists today are female artists,” she told The Associated Press. “But also, let’s not forget, that in the long history of the Venice Biennale, the preponderance of male artists in previous editions has been astonishing.”

“Unfortunately, we still haven’t resolved many gender-related issues,” Alemani said.

Conceived during the coronavirus pandemic and opening as war rages in Europe, Alemani acknowledged that art in these times can feel “shallow”. But she also affirmed the Biennale’s role over the decades as “a sort of seismograph of history…to absorb and also record the traumas and crises that go far beyond the world of contemporary art. “.

In a powerful reminder, the Russian pavilion remains closed this year, after artists pulled out following Russia’s invasion of Ukraine.

Among the women achieving long-awaited recognition this Biennale is American sculptor Simone Leigh, who in her mid-career is both the headliner of the American pavilion and sets the tone for the main exhibition with a imposing bust of a black woman that Alemani had originally commissioned for the High Line Urban Park in New York.

Fusun Onur, an 85-year-old pioneer of conceptual art in Turkey, has filled the Turkish pavilion with nervous cats and mice set in storyboard tableaux that confront modern threats like the pandemic and climate change. Although proud of her role as Turkey’s representative and the work she produced during the pandemic in her home overlooking the Bosphorus, she acknowledged that the honor was slow in coming.

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A man looks at the ‘Once Upon a Time’ installations by artist Fusun Onur at the Turkey Pavilion.
Image credit: AP

“Why is it like this, I don’t know,” Fusan said by phone from Istanbul. “Women artists work hard, but they are not always recognized. It’s always men first.

New Zealand is represented by third gender artist Yuki Kihara, whose installation “Paradise Camp” tells the story of the Fa’afafine community of Samoa made up of people who do not accept the sex that has been given to them assigned at birth.

The exhibit features photos of the Fa’afafine imitating paintings of Pacific Islanders by French post-Impressionist artist Paul Gaugin, reclaiming the images in a process the artist calls “upcycling.”

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Artist Yuki Kihara poses next to the ‘Paradise Camp’ installation at the New Zealand Pavilion.
Image credit: AP

“‘Paradise Camp is really about imagining a Fa’afafine utopia, where she shuts down colonial hetero-normality to make way for an Indigenous worldview that is inclusive and sensitive to environmental change,” Kihara said.

The image of a hyper-realistic sculpture of a futuristic satyr woman giving birth facing her satyr partner, who hanged himself, sets a dark post-apocalyptic tone to the Danish pavilion, created by Uffe Isolotto.

The Nordic Pavilion offers a more hopeful path out of the apocalypse, with artwork and performances depicting the struggle against colonialism by the Sami people, who inhabit a large swath of northern Norway, Sweden and Finland in the Murmansk oblast in Russia, while celebrating their traditions.

“We kind of figured out how to live in the apocalyptic world and do it while maintaining our spirit and our beliefs and our value systems,” said co-curator Liisa-Ravna Finbog.

This year’s Golden Lion for lifetime achievement goes to German artist Katherina Fritsch, whose lifelike elephant sculpture stands in the rotunda of the Giardini’s main exhibition building, and poet , Chilean artist and filmmaker Cecilia Vicuna, whose portrait of her mother’s eyes graces the cover of the Biennale catalog.

Vicuna painted the portrait while the family was in exile after Chile’s violent military coup against President Salvador Allende. Now 97 years old, her mother accompanied her to the Biennale.

“You see his spirit is still there, in a way that the painting is like a triumph of love against dictatorship, against repression, against hate,” Vicuna said.

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What current research shows about student mental health and why there is still more to be done – FE News http://www.nordbi.org/what-current-research-shows-about-student-mental-health-and-why-there-is-still-more-to-be-done-fe-news/ Tue, 19 Apr 2022 04:30:13 +0000 http://www.nordbi.org/what-current-research-shows-about-student-mental-health-and-why-there-is-still-more-to-be-done-fe-news/

University Mental Health Day was an opportunity to reflect on a turbulent few years for college students. As workplace changes such as furloughs and remote working passed quickly through the government, students wondered how their college years would be permanently altered and whether educational and social changes would impact their their mental health.

The majority of universities have done everything possible to support students in this transition, but, as with any unprecedented event, this transition has not always been smooth. As we emerge from the worst of the pandemic, research suggests that more needs to be done to determine how to improve student mental health at the higher education level.

Research on mental health in university students

Although BibliU found that 58% of UK tertiary students believe their university has improved their learning experience during the pandemic, UK student life satisfaction remained below average. British students scored 6.6, lower than the 16-29 year old average (6.9) and statistically significantly lower than the adult average (7.1). Also, a 2020 study concluded that 76% of students in the UK, US, Netherlands, France, Spain, Australia and the Nordics struggle to maintain their wellbeing, as do 73% of staff. A 2020 survey for the UK specifically found that 26% of higher education students felt lonely during the pandemic, a stark contrast to 8% of adults outside of education.

Many reasons outside of students’ learning experiences may have influenced these results, but BibliU research, conducted on 1000 UK students in 2020, shows there is plenty of room for improvement in student satisfaction. education, quality of resources and mental health.

First, almost half (49%) of students believed that lower prices for learning resources would improve the quality of their education. Similarly, 49% of respondents agreed that additional mental health support would improve the quality of their education.

In 2021, UCAS reported a 450% increased reporting of mental health issues in their apps over the past decade. Responding to this trend, 80% of senior leaders at 165 UK universities said mental health and wellbeing was a key strategic focus – 50% of leaders said student financial concerns were also a top concern. These concerns are well-founded and influence student behavior. Recent to research found that 70% of students at UK universities were not buying essential learning resources. 35% of respondents said they were not affordable, while 32% said the textbooks were not of a high enough quality to be worth it.

The correlation between mental health and the quality of resources

Almost half (46%) of students describing feelings of loneliness agreed that these could be partially reversed by reaching out to friends. Digital textbooks can contain social functions within them and BibliU does this in two ways. First, there is a chat function where students and scholars can discuss and critique course content. The second is the in-book edition, allowing students to annotate and source excerpts for remote debates.

Collaborative learning features within the resources allow students to engage with other students, facilitating the social elements in their learning. This is particularly useful for students with Special Educational Needs (SEN) who may find it difficult to physically access lessons, international students who may need more time to understand content written in English and who feel they cannot contribute in class, and those who suffer from social anxiety, as they can virtually contribute if they feel unable or uncomfortable to do so in class.

A lack of quality resources can lead to less understanding of course content and, therefore, lower grades. This is a key consideration for improving student mental health because academic performance, statistically correlative to greater happiness. Failure to provide adequate quality resources can therefore have an indirect effect on student mental health. Digital resources have many features that make learning much more effective than physical library textbooks.

BibliU Engage can serve as an example, containing pedagogical strategies and artificial intelligence (AI) to increase student engagement through content interactivity. Talk pages and in-book quizzes are two features of Engage. The latter uses AI learning to analyze students’ strengths and weaknesses on particular topics before automatically modifying end-of-chapter quizzes to help students recognize and target weaker areas of understanding.

Students all learn differently. Digital textbooks can be tailored to students’ learning preferences by enabling interactivity between words, images, infographics, and highlighting and sharing capabilities, meaning students can learn in the way that suits them best.

Financial accessibility

Financial stress emerges as a major concern for both students and institutions. As the cost of living rises, students also have to deal with tuition debt and student loans, as well as the hidden costs of education – textbooks being a driving factor. The average cost of textbooks – which has seen a 1,041% increase between 1977 and 2016 – is between £450 and £1,070 per student per year, an unsustainable figure for regular students and international students in particular, who pay often double the annual fee.

Some educational resource providers, like BibliU, remove the cost of academic resources from the student and instead partner directly with the university. This means that students’ access to high-quality resources is included in their standard university fees. When institutions offer this, they take a huge leap forward in removing hidden costs from students so they can focus more on their education and less on their finances.

Better quality, affordable textbooks that facilitate social functions can help reduce student anxiety and encourage better, collaborative peer-to-peer learning. As the evidence suggests, these aspects need to be widely addressed if we are to improve student mental health. Educational resources are well placed to help with this resolution. In the future, resources should push for innovation, emphasizing the quality of learning and the collaborative aspects to foster student interactivity and understanding.

Dave Sherwood, CEO and Founder of BibliU

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