All eyes will be on Singapore and Hong Kong’s forthcoming quarantine-free travel bubble, as Asia’s tourism boards prepare for similar arrangements, said Klook.
With COVID-19 continuing to have a significant impact on all aspects of business, many of which have been unforeseen, a shareholders’ agreement has never been more important.
These agreements can provide for many eventualities, while the absence of a shareholders’ agreement opens up more potential for costly disputes and disagreements between shareholders.
Whether you’re a minority or majority shareholder in a company, it’s important to consider drawing up and implementing a shareholders’ agreement.
Dave Paterson, Partner in the Corporate Law team at Blacks Solicitors, discusses why businesses should implement a shareholders’ agreement and the benefits that will be returned.
‘Good Leavers’ vs. ‘Bad Leavers’
In Owner Managed businesses, a limited company’s shareholders and directors are often the same people. If a director or shareholder leaves the company, then the remaining shareholders may not want them to keep hold of their shares or have to pay market value to repurchase … Read the rest
Trump loves gold. The White House decor is now a shrine to the precious metal, and there’s enough gold adorning Mar-a-Lago to fill the central bank coffers of your average country.
Even his private plane boasts gold-plated seatbelt buckles, gold bathroom fixtures, and gold silk wallpaper.
Gold loves Trump, too …
It’s been a banner year for the world’s number one safe-haven asset.
Gold has experienced a meteoric rise, hitting a record in August when it was up 40% on the year.
An unprecedented pandemic-induced economic meltdown, a weakening dollar, and the cobra effect of massive a government stimulus have sent financial markets into a tailspin.
The fear index is at an all-time high, and it’s poised to get worse.
Investors are terrified of a contested presidential election.
Wall Street giants, most recently UBS–are telling clients to flee the markets and buy up gold.
Trump, for all his love of … Read the rest
Crowdfunding investors are flocking to back the launch of a revolutionary virtual networking platform, meeow.
The idea for meeow – where four businesspeople are brought together online and at random – was born during the first national lockdown.
The concept for safe, sustainable and accessible networking was proved after a UK launch in May and this month a Crowdfunder has been launched with a target of £150,000.
In less than two weeks almost £60,000 has been pledged by investors keen to launch meeow to a global networking market worth billions.
Meeow hosts four-person virtual hour-long meet-ups, known as meeows. The four participants are selected at random and come from a variety of SME business backgrounds.
Co-founders Chris Rabbitt and Simon Glenn launched meeow in response to demand from networkers who still wanted to connect with like-minded businesses and take advantage of new opportunities.
Chris said: “The success and enthusiasm … Read the rest
The second wave, as predicted, is here. With the recent surge in new ‘positive’ cases in the US and Canada, we are all taking a step back–about 6 feet to be precise. Dutiful citizens and responsible business are doing their part in fighting a pandemic. Enforcement is something none of us wants so the onus is on ‘we the people’ to do our part to minimize the spread of a persistent virus. One company making significant progress in helping to stem the spread of harmful pathogens, after its acquisition target acquisition, CleanGo GreenGo Inc (CGGG) received approvals for its bacterial cleaning and emulsification products, is Softlab9 Technologies Inc. (CSE: SOFT; OTC: SOFSF; Frankfurt: APO2).
The products are completed and approved, the manufacturing facilities are in place and distribution channels are lined up. Once the CGGG acquisition is completed in the next few weeks, SOFT is ready to hit ground running … Read the rest
Ireland is warning that no post-Brexit trade deal will be struck if the UK pushes on with a plan to break international law.
Tensions have ratcheted up following comments by senior figures in both governments ahead of another crucial week for negotiations.
Ireland’s foreign minister Simon Coveney told Sky News that should Boris Johnson persist with trying to override parts of the EU divorce deal, then a new treaty on the future relationship will be off the table.
“This is move week,” he said. “We’ve got to make big progress.”
But a senior minister in the UK confirmed that Mr Johnson will stick to his plan and keep the controversial parts of the draft legislation in place.
Peers have removed the offending bits of the Internal Market Bill, which included giving ministers the power to “disapply” parts of the with withdrawal agreement relating to goods moving between Northern Ireland and … Read the rest
Stocks throughout North America finished Friday much the way they started it, with booming gains pretty much up and down the board.
The TSX recovered 93.46 points to close Friday at 16,675.64. On the week, the index vaulted 392 points, or 2.41%.
The Canadian dollar backtracked 0.03 cents to 76.08 cents U.S.
Health-care stocks carried much of the load Friday, with Trillium Pharmaceuticals picking up $1.96, or 10.6%, to $20.43, and Aphria triumphing 37 cents, or 5.2%, to $7.50.
Energy stocks were the next largest gainer, with Husky Energy up 21 cents, or 4.9%, to $4.51, while Cenovus Energy gained 25 cents, or 4.7%, to $5.62.
In the consumer discretionary sector, Linamar Corp. improved $1.69, or 3%, to $58.15, while Spin Master Corp. advanced 82 cents, or 2.7%, to $31.15.
Consumer staples, particularly grocers, did not fare so well, as Loblaw dumped $1.90, or 2.8%, to $65.70, while Empire Company … Read the rest
* This weekend's Barron's cover offers a low-risk strategy for investors optimistic about an ecomomic recovery. * Other featured articles discuss what a COVID-19 vaccine would mean for the stock market and how it could shake up the pharmaceutical industry. * Also, the prospects for semiconductor stocks, a leading retailer, a financial services giant and more."A Low-Risk Strategy for Those Optimistic About a Recovery" by Daren Fonda suggests that small companies typically outperform over the long term, even more so at the beginning of an economic rebound. With a coronavirus vaccine on the horizon, Barron's believes Acme United Corporation (NYSE: ACU) is among the small cap stocks worth a look.Max A. Cherney's "Intel Can Shine Again" looks at how repeated manufacturing delays have dented the reputation of chip giant Intel Corporation (NASDAQ: INTC). In addition, Apple now has ditched Intel's products. Discover why Barron's thinks the stock is down but … Read the rest