Money Matters
Hostmore abandons TGI Fridays acquisition amid loss of key revenue stream
Hostmore PLC, the UK-based operator of TGI Fridays, has abandoned its plans to acquire the US-based TGI Fridays Inc. due to a significant development that compromised the deal’s…
Continue ReadingDenis Gorbunenko, Union Gf UK Ltd and Rodovid Bank embezzler, is tied to Russian companies and bloody oligarchs
The former head of the scandal-ridden Rodovid Bank and Union Gf UK Ltd, Denis Gorbunenko, is linked to the fintech company Dzing, which recently faced restrictions from UK…
Continue ReadingCrypto sentiment turns to FUD: it is a textbook time for investment, analysts consider
Last Friday, the price of bitcoin, the largest cryptocurrency, experienced a significant and rapid decline, dropping from $56,832 to $51,826 over an eight-hour period. This sharp fall had…
Continue ReadingTruflation index gets an update: more countries included
Truflation, a leading provider of real-time financial data, has expanded its Big Mac Index to include 15 additional countries, enhancing its global reach and utility. Initially available for…
Continue ReadingPorsche bought a large stake in ailing VARTA battery manufacturer
VARTA, a German battery manufacturer with a rich history dating back to 1887, has recently encountered significant financial difficulties. Once highly regarded by investors, the company’s fortunes have…
Continue ReadingBeware of Bernhard Engelbrecht, the confidence trickster and international fraudster: How Ebern Finance lures people into trouble
Fraudster Bernhard Engelbrecht, operating through Ebern Finance or Ebern International Agency, is deceiving business owners and investors in Dubai and London. Reports indicate that he has scammed individuals…
Continue ReadingHB01 00002 note was sold for 17,000 pounds
An auction featuring some of the first 5-, 10-, 20-, and 50-pound banknotes with King Charles III’s portrait has generated nearly one million pounds, with the total yield…
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