5 Things You Need To Know, Today, on Thursday 6th of December 2018
Five financial stories trending today, including the revelation of Facebook's intentional user data harvesting
5. A $250 Biohack is changing everyday life for those living with diabetes
This piece looks into the fascinating world of 'biohacking.' Like 15 year-old Sydney's 'homemade' pancreas that allows her to monitor her diabetes from an app-- reducing the time and energy she and her parents have to devote to keeping healthy insulin levels. The potential of open-sourced science has been a dream of some for many years, but are we witnessing it take hold?
4. Reuters poll: Sterling's fate hangs on Brexit and UK growth will be weak
The Reuters poll found that if, on December 11th, Theresa May's Brexit deal is agreed to then the sterling will gain 3.5%. However, should the deal fail to pass the sterling will have a knee-jerk reaction of falling by 2.75%.
3. The Financial Times released its Women in 2018: The Change Makers Series, highlighting female leaders across sectors
The series serves as a look into the year's most pervasive stories and trends through the women that are shaking up their fields. Among those featured are Nadia Murad, the Nobel Peace Prize winner who survived Isis, and Indian journalist Sandhya Menon on reforms necessary in India.
2. Facebook emails reveal the company tried to hide data collection from users and take out competitors
250 pages of internal Facebook emails, published by British lawmakers yesterday, showed the company undermining competitors, consciously obfuscating their user data collection, and urging employees to seek growth at all costs. The company portrayed by these emails is a far cry from the network focused solely on human connection promoted by top Facebook executives like Mark Zuckerberg and Sheryl Sandberg in recent hearings over Facebook's data use.
1. Huawei CFO arrested in Canada per US extradition request
Canadian officials arrested Meng Wanzhou, Huawei's CFO and daughter of its founder, on Wednesday. While the US justice department has not issued a statement, move is seen as the latest in a series by western governments to stem Huawei's reach on security grounds. The arrest is also likely to reignite trade tensions between Trump and XI just days after their attempt to soften the trade conflict at the G20 summit.
As part of the listing, the company raised £523,500 before expenses through a share placing. It has also issued warrants that if they were all exercised would raise a further £1.3 million.
On today's podcast: Hummingbird Resources discuss 2019 guidance and its drill results from the 2018 exploration campaign. Europa Metals talks about their Scoping Study. Block Energy discusses the advanced technology they have secured for their multi-well programme in Georgia. Chris Bailey covers: Superdry, Bonmarche, Thomas Cook Group, Tui Group & PZ Cussons.
See Today's AIM Risers Featuring Thor Mining Upgrading its Mineral Resource.
SP Angel morning look at commodities featuring: Bacanora Lithium (BCN LN) – Blackrock cuts stake Erris Resources (ERIS LN) – Exploration update Hummingbird Resources (HUM LN) – Progress report on exploration drilling Savannah Resources (SAV LN) – High-quality saleable by-product from Mino do Barroso lithium project Thor Mining (THR LN) – Mineral resource update at Pilot Mountain
Hummingbird Resources, an African gold producer, released the second set of drill results from their exploration campaign in Mali. The company aims to transform its resources into reserves and eventually extend the life of their Yanfolila Gold Mine.
Shield Therapeutics (STX) announced today that the US Food and Drug Administration has confirmed that the target date for completion of the New Drug Application review of Feraccru is 27 July 2019, under the terms of the Prescription Drug User Fee Act.
Sainsbury’s hit by Asda deal doubts, Dixons £460m loss fuels fears of High St bloodbath but new boss insists turnaround plan is still on track
Five financial stories, trending today in a 70 second podcast, including: Theresa May is heading to Brussels for an EU summit, less than 24 hours after surviving a vote of confidence. The prime minister is seeking legally binding pledges from EU leaders on the Irish backstop - a key obstacle for MPs who oppose her Brexit deal.
GST is an innovative global technology and investment company. Its main business is its profitable, 28-year old, Singapore - based subsidiary - EMS Wiring - that provides integrated Information and Communication Technology (ICT) solutions worldwide.
On today's podcast: Dr. Clifford Gross, Chairman at Tekcapital give an update on their portfolio companies. Sachin Oza, Co-Chief Executive Officer of Reabold Resources provides an update on their operations. John Meyer covers BHP Billiton Rio Tinto, Anglo-American Mining, Mkango Resources, Anglo-Asian Mining & Bluejay Mining.