The founder and senior partner of Baring Vostok private equity fund, Michael Calvey, has been officially charged with a large-scale fraud involving a Russian bank, TASS cites a source in Russian law enforcement as saying. The US citizen, who was put in pre-trial custody by a Moscow court, could get up to 10 years in…
One of the greatest battles of our generation may be coming to an end. Norway is proposing a truce in its moose statue war with Canada. If you don’t know the backstory, take a few minutes to get up to speed. Mac the Moose, a true Canadian patriot at 32 feet tall (9.75 metres), has…
South Africa’s and Togo’s parliaments this month ratified the agreement establishing the African Continental Free Trade Area (AfCFTA). The total number of countries committing to the deal has thus grown to 49. Once the agreement comes into effect, it will create a tariff-free continent, covering a single market of 1.2 billion people in 55 nations…
The collapse of the Canadian Women’s Hockey League plunges the future of the female game in Canada into disarray, at least in the short term. But the CWHL declaring it will cease operations May 1 even if a financial saviour comes over the horizon indicates the ball may be in another player’s court. “There are…
CHICAGO – NFCA Vice President for Awards and Hall of Fame chair Pat Conlan announced the 2019 NFCA Hall of Fame induction class at the conclusion of this year’s Hall of Fame Banquet on Dec. 7 during the NFCA National Convention held at the Sheraton Grand Chicago. Dee Abrahamson, former head coach and senior woman administrator…
Iranian Oil Minister Bijan Zanganeh has told the media that the national oil company NIOC struck light sweet oil in a hitherto untapped oil region. “This is the first time we’ve reached oil in the Abadan region,” Zanganeh said, adding that the grade was very light and sweet, but giving no details regarding the amount…
A series of anti-vaccine advertisements across the city are being taken down. Outfront Media, the company that owns the billboard space, confirmed to HuffPost Canada on Wednesday afternoon. A spokesperson declined to say why the ads on more-than-50 billboards were pulled early. The move comes after Councillor Joe Cressy, chair of Toronto’s board of health,…
LOUISVILLE, Ky. – The NFCA connected with approximately 450 travel ball coaches during the coaches breakfast prior to week one of the Premier Girls Fastpitch (PGF) National Championships. Appreciative for its opportunity to meet and address the travel ball community, the NFCA values its partnership with PGF, an annual convention sponsor and co-host of our…
Citigroup has joined JPMorgan and Goldman Sachs in warning that the stock market rally hasn’t been matched by inflows into equity funds. “Buybacks, not investor inflows, now drive the US market,” it says. “Central banks are printing money only allowed to go to a certain segment of the population means we have a ‘flowless economy,’”…
Beijing has joined the global gold rush, increasing its gold reserves for two months in a row to 59.94 million ounces. China has long been silent on its holdings of gold as many countries are turning away from the greenback. China’s national gold reserves rose by 0.38 million ounces (nearly 12 tons) at the end…