Silver

SEC Seeks to Dismiss Case Against Silver Point Capital Amid Controversy

3 days ago

The U.S. Securities and Exchange Commission (SEC) has initiated a motion to dismiss a significant legal case against the hedge fund Silver Point Capital. This case has captured widespread attention due to its implications for hedge funds and investment practices within the broader financial landscape.

China's New Initiative: Silver Trains to Boost Travel Among Seniors

26 days ago

In a groundbreaking move aimed at encouraging domestic travel among the aging population, China has unveiled plans to introduce a fleet of specially designed "silver trains." This initiative responds to the country's increasing number of senior citizens, particularly those from the post-war baby boomer generation, who are keen to explore their nation but require more comfortable travel options.

Goldman Sachs Trading Veteran Egee Makes a Strategic Move to Silver Point Capital

1 month ago

In a significant shift within the financial landscape, Michael Egee, a distinguished trading expert from Goldman Sachs, is set to join Silver Point Capital as the firm’s new head of trading. This strategic transition comes as Egee's reputation in the sector attracts attention, emphasizing trends of talent migration within the finance industry.

Newmont's Strategic Move: Sells Canadian Mine to Discovery Silver for $425 Million

1 month ago

In a significant shift within the mining landscape, Newmont Corporation has announced its decision to divest one of its key assets in Canada, selling its operational mine located in the country to Discovery Silver Corp. for a substantial sum of $425 million. This strategic move underscores Newmont's commitment to refining its portfolio and focusing on its core growth strategies, particularly in higher-return projects.

NBA Expansion: Adam Silver's Next Challenge Looms Over Three Promising Cities

5 months ago

The conversation around the National Basketball Association (NBA) is heating up as Commissioner Adam Silver prepares for a potential expansion of the league. With the success of the WNBA and recent contract extensions, the NBA is contemplating its next moves, and three cities—Seattle, Las Vegas, and Mexico City—are leading the charge in this discussion.