China Cashes In: Energy Companies Reroute US LNG Tankers For Profit

Since late August, China’s strict zero-covid policy led to a full or partial lockdown of more than 70 cities. As a result, the demand for energy has fallen. What Happened: Shenzhen, one of the world’s busiest container port cities, continues to experience lockdowns. This has caused the production and manufacturing demand to remain in a […]

Psychedelics Biotechs Clearmind And Mydecine Share Consolidation And Subscription Agreements

In connection with recent stock splits, psychedelics biotech Clearmind Medicine Inc. (OTC Pink: CMNDF) announced it will proceed with the consolidation of all its issued and outstanding common shares on a 1:30 basis, effective as of September 30, 2022. Clearmind’s 39,592,344 common shares to date issued and outstanding will be reduced to approx. 1,319,744 on a […]

Troubled Credit Suisse Slides To 52-Week After Report On Raising Fresh Capital

Credit Suisse Group AG (NYSE: CS) shares fell Friday premarket after reports that the company is looking to raise fresh capital. The Swiss bank is approaching the investors for the fourth time in around seven years, Reuters reported, as it attempts a revamp of its beleaguered investment bank unit. The report mentioned that various scenarios are under […]

Humana, CVS Health Interested In Acquiring Primary Care Provider

U.S. primary care provider Cano Health Inc (NYSE: CANO) is reportedly exploring a sale and working with advisors after receiving acquisition interest from Humana Inc (NYSE: HUM) and CVS Health Corp (NYSE: CVS). Hedge fund Third Point LLC, which owns 6.4% of Cano, has been pushing the company to put itself up for sale as its stock price has tumbled since it […]

Delightful Offer: This German Company Sends At-Home Magic Truffles Therapy To US Patients

Numerous life sciences companies are now delivering medicines and treatment through at-home kits for patients with mental health conditions. DrAnsay.com, a  German-based firm focused on developing “healthcare firsts,” is joining the trend by providing patients in the United States an opportunity to try the psilocybin telehealth treatment. Both magic truffles and magic mushrooms contain the same psychedelic compound, psilocybin, which makes them suitable for microdosing and […]

Chevron Mulls Divesting Minority Stakes In Three Alaska-Based Oilfields: Report

Chevron Corporation (NYSE: CVX) is looking to offload its interest in over 2,000 oil and gas wells in Alaska, marking its second exit from oil production in the state in 30 years. Bids are due this month, and the sale could fetch around $450-$550 million. The company is offering stakes in three oilfields. It holds around […]