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Latest stories

  • Harry's talks with William and Charles 'didn’t go as hoped'

    A royal source has claimed there is still 'a lot of ground to make up' for Prince Harry and his family.

  • Celebrities react following George Floyd's murder trial verdict

    Celebrities have reacted after Derek Chauvin was found guilty of George Floyd's murder after video of him kneeling on Floyd's neck went viral last year.

  • Patton in 'good space': GWS coach Cameron

    Former GWS forward Jon Patton was an interested onlooker at the club's training session as he starts life after AFL, having apologised for inappropriate behaviour towards women.Patton was stood down by his club Hawthorn in January, when accused by at least four women of sending sexually explicit photos and videos of himself.

  • Essendon VIC Best High Rental Yield Investment Property Growth – New Unit Prices

    Luxland Investments is now providing an updated range of property investment wealth solutions for clients looking to invest in Essendon, Victoria, and throughout Melbourne.Bondi Junction, Australia, April 21, 2021 (GLOBE NEWSWIRE) -- Luxland Investments, a real estate wealth consultant in Sydney, Australia, announced the launch of an updated range of high yield investment properties direct from their developer. The company specialises in helping clients invest in real estate opportunities in Essendon, Flemington, Mill Park, and the surrounding area. More information can be found at https://luxland.com.au With the latest announcement, the team at Luxland Investments are dedicated to guiding their clients through the process of identifying and acquiring high-performing investment properties to build a large property portfolio. However, only approximately 20% of Australian households hold an investment property and less than 1% have 6 or more investment properties. Luxland Investments aim to grow their client’s portfolio to 6 or more high return properties. According to a new report from the Centre for Population, Melbourne is expected to overtake Sydney as Australia’s largest city by 2026, with 6.2 million people expected to live in the Victorian capital by 2030. Those who are looking to invest in property in Melbourne or the surrounding area should take advantage of the knowledge and experience of the team at Luxland Investments. This can be an excellent opportunity for new property investors or those who have had a bad experience dealing in property. Additional information about their services can be found at https://www.facebook.com/LuxlandInvestments The Luxland Investments team have extensive experience in the real estate and financing sector and strong relationships with developers and the real estate industry. This means that they get access to many properties and projects before they go to the market. Some of their current properties include new apartments in Essendon and Flemington and townhouses in Mill Park at wholesale prices, directly from developers. They will help clients understand the market, the opportunities and risks associated with certain properties. Over the years, using their proven property investment planning process, they have helped guide many Australians start or improve their property investment decisions. A satisfied client said: “After dealing with Zah, Jade and the rest of the team at Luxland, it is clear that this company has a passion for helping their clients. Their knowledge, transparency and integrity are why I will continue doing business with them. Keep up the great work.” Interested parties can find more by visiting https://luxland.com.au CONTACT: Name: Zah Azmi Organization: Luxland Investments Address: Suite 22, 175 Oxford Street , Bondi Junction, NSW 2022, Australia Phone: +61-405-712-610

  • Australia's Pilbara Minerals spodumene output hits record as demand soars

    Australia's Pilbara Minerals on Wednesday reported record spodumene concentrate production in its third quarter and forecast higher shipments for the current quarter, as demand for the raw material used in electric-vehicle batteries soars. Prices for lithium carbonate have more than doubled over the past six months while those of spodumene , also called hard rock lithium, have surged 50% since March. Pilbara reported production of 77,820 dry metric tonnes (dmt) of spodumene concentrate for quarter ended March, up from 63,712 dmt in the December quarter.

  • UPDATE 1-Japan weighs state of emergency for Tokyo, Osaka regions amid virus surge -media

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  • UPDATE 1-Hackers target SonicWall customers through email weak spot

    Hackers have targeted customers of California-based network services firm SonicWall via a previously undisclosed vulnerability in its email security product, the company and cybersecurity firm FireEye said https://www.fireeye.com/blog/threat-research/2021/04/zero-day-exploits-in-sonicwall-email-security-lead-to-compromise.html Tuesday. In a statement https://www.sonicwall.com/support/product-notification/security-notice-sonicwall-email-security-zero-day-vulnerabilities/210416112932360, SonicWall Inc said that the vulnerability had been "exploited in the wild", meaning hackers had already used the flaw to break into target systems. Last month, it was disclosed that an unknown number of Microsoft customers had been compromised after an allegedly Chinese hacking group made use of serious vulnerabilities in the company's email server software.

  • Endangered parrots released into wild

    Dozens of endangered orange-bellied parrots have been released into the wild from three sites in Victoria, as part of a program to save the birds from extinction.Wildlife carers released 36 birds from aviaries on the Bellarine Peninsula, on the northern shore of Western Port Bay, and near Werribee on Wednesday.

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  • Malaysia Kicks Off Its First-Ever Sustainability Sukuk Deal

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  • Macomb MI Mobile Tire Repair And Replacement – Expert Auto Services Launched

    Menard's Mobile launched its mobile tire services in Macomb County, MI. The company’s technicians come to the client’s home or office for tire repair and replacement.Huron Charter Township, United States , April 21, 2021 (GLOBE NEWSWIRE) -- Menard’s Mobile announced the expansion of its mobile tire repair and replacement services into Macomb County, MI. Clients can call the company to schedule one of their technicians to come to the client’s home, office, or job site to repair or change their tires. More information is available at https://menardsmobiletire.com With the new announcement, the company saves its clients’ time by changing and repairing their tires at a convenient location while the car is not being used. In comparison with the hassle of finding a nearby garage and the frustration of spending hours in waiting rooms, mobile tire services allow technicians to change the tire at the place where the car is parked, while the car’s owner goes about with their work and daily activities. Menard’s Mobile offers its clients convenient and reliable mobile tire services. When they get a flat tire, clients do not have to worry about locating a nearby automotive center and figuring out how to transport the car there. Menard’s Mobile can repair and plug a flat tire at the client’s location. They can install and balance the client’s own tires on the rims and switch from winter to summer tires. They offer tire rotation and balancing, as well. The company also offers tires and wheels for sale. The company’s website features a convenient search panel which can be used to find available tire options by choosing the car year, make, model, and tire type. Tires can be ordered online. Menard’s Mobile partners with Wheel Pros as its wheel and rim distributor. Clients can check available inventory and get a quote by calling Menard’s Mobile. The company aims to provide its clients with the best pricing on the market for the tires and wheels it sells. It also strives to provide best-in-class tire service. “Menard’s Mobile showed up on very short notice,” said a satisfied client. “They were very professional and efficient. It’s great to be able to stay home while the work is being performed instead of having to wait at a shop for hours.” Interested parties can find more information by visiting https://menardsmobiletire.com CONTACT: Name: Ben Couture Organization: Menard's Mobile Tire and Wheel Address: 27820 Grix Rd., Huron Charter Township, MI 48164, United States Phone: +1-734-363-7032

  • Subversive Acquisition LP Provides Update on Qualifying Transaction With InterCure, Israel’s Leading and Fastest-Growing Cannabis Company

    Subversive Acquisition LP Has Met All Conditions of Closing and Expects to Close on or Before Friday April 23, 2021 SPAC Restricted Voting Units Currently Trade on the TSX Under the Symbol “SVX.U” and the OTCQX Under the Symbol “SBVRF” On Closing Common Shares of InterCure will Trade on the TSX Under the Symbol “INCR.U” and the TASE Under the Symbol “INCR” Listing of InterCure’s Shares on NASDAQ Expected in Q2 2021 and Trade Under the Symbol “INCR” NEW YORK and TORONTO and HERZLIYA, Israel, April 21, 2021 (GLOBE NEWSWIRE) -- Subversive Acquisition LP (TSX: SVX.U, NEO: SVX.U, OTCQX: SBVRF) (“SVX”) a special purpose acquisition company (SPAC), today announced it has met all conditions of closing, with the exception for the closing condition that will be met upon InterCure’s shares trading on the TSX, for its qualifying transaction to combine with InterCure Ltd. (dba Canndoc) (TASE: INCR) (the “Transaction”). Closing is expected to occur on or before Friday, April 23, 2021. On closing, common shares of InterCure will trade on the TSX under the symbol “INCR.U” and the TASE under the symbol “INCR.” SPAC Restricted Voting Units currently trading on the TSX under the symbol “SVX.U” and on the OTCQX under the symbol “SBVRF” will automatically convert to shares of “INCR.U” on the TSX on a one to one ratio. Canndoc, a wholly owned subsidiary of InterCure Ltd., is Israel’s largest licensed cannabis producer and one of the first to offer Good Manufacturing Practices (GMP) certified and pharmaceutical-grade medical cannabis products in pharmacies across the country. Canndoc leverages its market leading distribution network, significant logistics infrastructure, best in class international partnerships and a high-margin vertically integrated strategy to be the most profitable cannabis company in Israel and one of the most profitable globally outside of North America. Canndoc’s management previously reported a Q4 2020 expected EBITDA annualized run rate of greater than US$10 million and positive free cash flow. Furthermore, we believe that Canndoc is well-positioned to capitalize on the adult-use market in Israel, which is expected to be legalized in 2021 or 2022. Michael Auerbach, Founder of Subversive Capital, said, “I’m extremely proud of this transaction which allows our shareholders to participate in the upside of the Israeli cannabis market. InterCure has been a pioneer, leading the cannabis wave in Israel and capturing significant market share across Europe.” InterCure’s Chairman and former Prime Minister of Israel, Ehud Barak, added, “Israel became famous for its breakthroughs in cannabis research and has now become one of the leading medical cannabis markets in the world. Canndoc has proven its ability to execute a profitable growth strategy as it became the dominant force in Israel. Nowadays, we are well positioned to lead new emerging cannabis markets as legislative reform is spreading around the globe." Canndoc’s Chief Executive Officer, Alex Rabinovitch, added, “With the most comprehensive vertically integrated platform, brand portfolio and the healthiest robust balance sheet, we will reshape the cannabis industry in Israel and across Europe.” Management Team – Canndoc will continue to be led by its experienced executive team with deep knowledge of the cannabis industry, and operational expertise in the agriculture technology and pharmaceutical industries: Alex Rabinovitch, Chief Executive OfficerAmos Cohen, Chief Financial OfficerRami Levy, Chief Operating OfficerMoshe Gavrilov, Chief Marketing Officer Board of Directors and Medical Advisory Board is expected to include: Ehud Barak, former Prime Minister of Israel to serve as ChairmanMichael Auerbach, Founder, Subversive CapitalProf. Zvi Bentwich, MD, PHD, Professor of Microbiology, Immunology and Genetics, and Head of the Center for Emerging Tropical Diseases & Aids, Ben Gurion UniversityProf. Eitan Friedman, Dir. and Founder Suzanne Levy-Gertner Oncogenetics Unit, Sheba Medical Center InterCure Investment Highlights Proven Business Model – The most profitable company in Israel’s and one of the most profitable globally outside of North America, growing legal cannabis market with an EBITDA annualized run rate of greater than US$10 million and positive free cash flowFirst Mover Advantage – Significant share of medical market, which grew more than 50% in 2020; First company to import medical grade cannabis to Israel; Positioned to capitalize on the legalization of recreational cannabis locally. Recent acquisition of Better positions InterCure as the largest cannabis company outside North America and accelerates international expansion strategy to major markets worldwide.Progressive Operational Platform – Highly profitable, vertically integrated medical cannabis platformKey Partnerships – Canndoc’s exclusive partnerships with leading cannabis brands and suppliers include Cookies, Charlotte’s Web, Aphria, Tilray, Organigram, and moreRobust Balance Sheet to Support Expansion– Cash to drive significant expansion organically and through strategic M&A; Expected expansion of cultivation to over 90 tons per year; Expected to have 10 retail pharmacies by the end of 2021 About SVX Subversive Acquisition LP is a limited partnership established under the Limited Partnerships Act (Ontario) formed for the purpose of effecting, directly or indirectly, an acquisition of one or more businesses or assets, by way of a merger, amalgamation, arrangement, equity exchange, asset acquisition, equity purchase, reorganization, or any other similar business combination involving SVX that will qualify as its qualifying transaction for the purposes of the rules of the TSX and Neo Exchange Inc. SVX is a special purpose acquisition corporation for the purposes of the rules of the TSX and Neo Exchange Inc. For more information, visit https://www.subversivecapital.com/svx. About Subversive Capital Subversive Capital is a leading investment firm dedicated to investing in radical companies whose core missions subvert the status quo. With almost a decade of experience in the global cannabis industry, Subversive Capital has led investments in some of the most successful transactions in the industry including the recent launch and closing transaction of Subversive Capital Acquisition Corp. to form The Parent Company (TPCO Holding Corp.) currently traded on the Neo Exchange and OTCQX.For more information, visit www.subversivecapital.com. About InterCure (dba Canndoc) InterCure (TSX: INCR.U, TASE: INCR) is the first public company on the Tel Aviv Stock Exchange to hold a valid and permanent license for the medical cannabis value chain through its 100% ownership in Canndoc. Canndoc is a GMP medical cannabis producer. Licensed by the Israeli Ministry of Health since 2008, Canndoc is a leading pioneer in the research, cultivation, production, and distribution of pharma-grade cannabis-based products to patients, hospitals, pharmacies, research and governmental organizations. Through its strategic exclusive collaboration with world leaders, distribution agreement with SLE (100% owned by Teva Pharmaceutical Industry) and long-term sales agreements, Canndoc is well-positioned as a leading and significant player in pharma-grade medical cannabis in Israel, Europe and the United Kingdom. For more information, visit: http://www.canndoc.com NON-IFRS MEASURES This press release makes reference to certain non-IFRS financial measures. EBITDA, as defined by SVX and InterCure, means earnings before interest, income taxes, depreciation and amortization for a quarter annualized. This measure is not a recognized measure under IFRS, does not have a standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to similar measures presented by other companies. SVX’s and InterCure’s method of calculating this measure may differ from methods used by other entities and accordingly, this measure may not be comparable to similarly titled measured used by other entities or in other jurisdictions. SVX and InterCure use this measure because it believes it provides useful information to both management and investors with respect to the operating and financial performance of the company. Forward Looking Statements This press release may contain forward-looking information within the meaning of applicable securities legislation which reflects SVX’s current expectations regarding future events. The words “will”, “expects”, “intends” and similar expressions are often intended to identify forward-looking information, although not all forward-looking information contains these identifying words. Specific forward-looking information contained in this press release includes, but is not limited to: statements concerning the completion and proposed terms of, and matters relating to, the Transaction and the expected timing thereof, statements concerning the NASDAQ listing, the anticipated effects of the Transaction and the expected operations, financial results and condition of Canndoc following closing of the Transaction, including Canndoc’s financial results, expected management team, business strategy, competitive strengths, goals and expansion and growth plans as well as statements regarding the growth rate of the medical cannabis market. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond SVX’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to: failure to complete the Transaction or the Private Placement, inability to obtain requisite regulatory or shareholder approvals, changes in general economic, business and political conditions, changes in applicable laws, the U.S. and Canadian regulatory landscapes and enforcement related to cannabis, changes in public opinion and perception of the cannabis industry, reliance on the expertise and judgment of senior management, as well as the factors discussed under the heading “Risk Factors” in the Investor Presentation dated January 26, 2021 and those to be set out in the Prospectus, which is available on SEDAR at www.sedar.com. Subversive Acquisition LP undertakes no obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.Contacts: Subversive Capital Berrin NoorataBerrin@subversivecapital.com Investor Relationsinvestor@subversivecapital.com InterCure Ltd.Adam Haliva, Global Investor Relationsadam@canndoc-pharma.com, (972) 54-646-8778

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  • Nepal's ex-royals test positive after India religious festival

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  • Diamondback AC, Heating & Refrigeration Installing Product To Kill COVID-19

    Diamondback AC, Heating & Refrigeration releases important information about its latest product offering, the Reme Halo In-Duct Air Purification System. Further information can be found at https://diamondbackacr.com.La Vernia, United States, April 21, 2021 (GLOBE NEWSWIRE) -- Diamondback AC, Heating & Refrigeration of La Vernia, TX announces a timely addition to their product offerings, a Whole House Air Purification System that works through the duct of HVAC Systems. They want to make sure the information about the Reme Halo In-Duct Air Purifier reach consumers who can benefit from healthier indoor air quality. The idea for offering Reme Halo In-Duct Air Purification Systems came about after the owners of Diamondback AC & Heating, Chris Hill and Joseph Stanush, discovered the Reme Halo’s ability to clear pollen and allergens out of homes. They know many people in the community suffer from allergies and liked the idea that installing Whole House Air Purification could provide a healthier home for their customers. When the Reme Halo was certified to kill the COVID-19 virus, that just catapulted the desire to get the product installed for every homeowner. In October of 2020 RGF® Environmental Group, Inc., a leading environmental design and manufacturing company, released the results of a third-party study that reveal REME HALO® efficacy of 99.9% against the SARS-CoV-2 virus, commonly known as the coronavirus 2019 or COVID-19. The installation of the Reme Halo is a fairly quick process. The air purification device is installed into the return air duct of the Central AC & Heating system. The installation only requires 1 Technician working on it and very few hours, so it doesn’t become an inconvenience to homeowners. Diamondback AC, Heating & Refrigeration are truly making a difference in their customers lives. Clients are providing raving reviews of what a difference the Reme Halo is making in their family’s lives. From pet owners to elderly to asthma sufferers and those with extreme allergies, the benefits are proving to be numerous. One homeowner quoted, “Everything outside was covered with green dust and inside, no matter how much we vacuumed, the pet dander and hair floated in the air with 6 animals running around. It seemed like my husband and I were sneezing all day long. Within a few days after Diamondback AC & Heating installed the Reme Halo we noticed less pet hair flying in the air making it much easier to vacuum it all. We can now go days and weeks without 1 sneeze. Truly amazing! Now knowing that the Reme also kills COVID-19 virus, I feel like it has played a part in keeping our home and us healthy throughout the pandemic. Worth every penny for us.” Diamondback AC, Heating & Refrigeration got it’s start when founders, Chris Hill and Joseph Stanush, noticed a growing need for a locally owned HVAC Company that cared about the community and its residents. Now with the Reme Halo they can provide healthier indoor air quality for an additional benefit. With over 30 years combined prior experience in the Air Conditioning, Heating & Refrigeration world, Chris Hill and Joseph Stanush, decided to go ahead and start Diamondback AC & Heating in 2017. With their dedication to the families throughout La Vernia TX and as far as San Antonio, Chris and Joseph are proud to have a company with a reputation for quality and integrity as demonstrated by over 230 5-Star Reviews. Chris Hill is quoted saying: “We like to do things to benefit our customers and our community. We do our best to stay on top of the latest technology available to provide our customers with comfortable indoor environments, in their home and in businesses they may frequent. We look for new ways to serve the community and the Reme Halo In-Duct Air Purification is one more way we can make a difference.” Reme Halo In-Duct Air Purification is set to launch Now. To find out more, it’s possible to visit https://diamondbackacr.com/reme-halo-indoor-air-purification-la-vernia-tx/ For more facts and further information about Diamondback AC, Heating & Refrigeration, this can be discovered at https://diamondbackacr.com CONTACT: Name: Chris Hill Organization: Diamondback AC, Heating & Refrigeration Address: 457 County Rd 347, La Vernia, TX 78121, United States Phone: +1-210-409-7271

  • China's Wanda raising $3 billion ahead of HK IPO for property management unit - sources

    Chinese conglomerate Dalian Wanda Group aims to raise 20 billion yuan ($3.08 billion) for its commercial property management business, before listing the unit in Hong Kong by year-end, two people with direct knowledge of the matter told Reuters. Wanda is targeting primarily private equity investors for Wanda Light Asset Commercial Management Co, aiming for a valuation of 200 billion yuan, said the people. The conglomerate, owned by Wang Jianlin - once China's richest person - aims to complete the fundraising by July and file for an initial public offering (IPO) in September, they said.

  • Korea Web Giant Naver Mulls U.S. Bond, IPO to Take on Google

    (Bloomberg) -- One of the few countries in the world where Google doesn’t dominate web searches is South Korea, where Naver Corp. leads the market and is also a big player in e-commerce and fintech.But the Korean company, which now gets more than 95% of revenue domestically, wants to boost its international presence. To help with that, Naver is considering more dollar bond sales after its debut deal last month, and it’s also eyeing a possible future U.S. initial public offering for a unit, chief financial officer Park Sang-jin said in an interview.“To grow, it’s inevitable that we go global,” according to Park, who’s been with the firm since it was founded in 1999. “We should find business opportunities and meet capable partners to supplement our assets.”Naver rival Coupang Inc.’s U.S. IPO last month was the biggest by a Korean firm in more than a decade. It underscored the drive by companies to expand globally, as well as investors’ willingness to provide funds for that. Naver has made investments overseas recently including taking stakes in Spain’s virtual marketplace Wallapop and Canada’s Wattpad. Park said the firm is looking for more opportunities in Japan, where its Line messaging service is popular, as well as Europe, Southeast Asia and Taiwan.In North America, Naver is hoping to strengthen its so-called storytelling business via its web cartoon unit and internet novel platform Wattpad. The unit, Naver Webtoon, doesn’t have immediate plans to raise funds for now as it focuses on growth, but it may consider a listing if the operation becomes more solid and familiar to U.S. investors, Park said. The company moved the unit’s headquarters to Los Angeles from Korea in December last year.Shares of NBT Inc., a Seoul-based advertising firm that’s been in a partnership with Naver Webtoon since 2018, jumped on expectations that an IPO by the unit may help bolster its business. The stock has risen as much as 14.9% Wednesday, the most in about two weeks, even as the Kosdaq index fell.More BondsNaver is also considering selling more ESG dollar bonds in the near future after its $500 million deal last month. Most of the proceeds of that sale will likely be used for an environmentally-friendly data center that’s scheduled to be completed at the end of 2022 in Sejong, 150 kilometers (93 miles) south of Seoul, according to Park. The firm may sell offshore bonds on a regular basis in the future, he said.The company, which has a 65% share of South Korea’s search engine market according to InterAd data, also has had net cash positions for years.“Since we have plenty of cash, we used to make investments using cash reserves, but now we’re thinking we might increase leverage if needed,” Park said.(Updates with share move of business partner NBT Inc. in sixth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • FTSE 100 sees biggest fall in two months dragged down by tobacco shares and fears over India Covid variant

    The UK and the US markets extend their losses the second day while Asian stocks open lower on Wednesday

  • Virus surge to delay Olympics fan decision till June: reports

    Tokyo Olympics organisers may put off an announcement on how many fans can attend until June, media reported Wednesday, as surging coronavirus infections play havoc with preparations.

  • Large-scale Huthi offensive roils Yemen's oil-rich Marib

    Peering through binoculars, a Yemeni commander scans a forbidding desert moonscape for lurking Huthi rebels, who are ramping up a bloody offensive to seize the strategic oil-rich region of Marib.