Author: Jordan

GlobalPay, a trusted standard in global payments for leisure, students, and corporate travellers, today announced the launch of the GlobalPay Smart Switch Forex Card, a first-of-its-kind prepaid forex card that enables travellers to start with a single currency and seamlessly switch across up to 30 global currencies on the same card through the GlobalPay app or website, eliminating the need for multiple cards, paperwork or card replacements.Designed with a focus on leisure travellers, the card offers a more convenient and transparent way to manage international expenses. It will be available through the GlobalPay app, online portal and branch network, and…

ConclusionThe venture secondary market provides real but narrow utility. It allows LPs to manage liquidity constraints, gives GPs a mechanism to generate DPI in the absence of exits, offers employees partial liquidity in companies that have remained private far longer than anticipated, and can shorten the J-curve and overall holding period for secondary buyers entering mid-fund lifecycle. GP-led continuation vehicles, in particular, have delivered competitive outcomes in specific contexts, but those results are highly sensitive to manager quality, asset selection, and period, and should not be generalized across the market.What the data shows more clearly is that the secondary market…

The Mortgage Works has reduced rates across selected buy-to-let and let-to-buy products within its new business mortgage range. The lender has cut rates by up to 0.20% on remortgage-only products, with updated pricing now available across a range of loan-to-value bands. A 2-year fixed rate buy-to-let mortgage has been reduced by 0.05% to 3.74%, available up to 65% LTV with a 3% fee, alongside free valuation and free legal work. A 5-year fixed rate product at up to 55% LTV has been reduced by 0.15% to 4.37%, also with a 3% fee and free valuation and legal incentives. At higher…

Asia Market Update: Risk assets outperform Asian equities, moving higher in Asian trading amid US-Iran impasse; Tesla Q1 tonight after US close.General trend and developments- US equity FUTs, gold, silver, bitcoin all moved higher as crude oil fell slightly with markets continuing to shrug off the US-Iran impasse.- Asia stocks were flat (Nikkei, Kospi, Shanghai) to -1% (ASX, Hang Seng). Note earlier in the session Nikkei hit a fresh record high >59,700.- Middle East situation remains in flux in the absence of talks even as Pres Trump extended the Iran ceasefire – saying he was waiting for the “fractured” government…

Ukrainian Ground Forces / Telegram Ukrainian negotiators suggested naming the bit of Donbas that Russia is trying to conquer after U.S. President Donald Trump, calling it “Donnyland,” The New York Times reported on April 21. “In Ukraine peace talks in recent months, Ukrainian officials have suggested that the slice of the country’s Donbas region that Russia is still fighting for could be named ‘Donnyland,” the report said, citing four unnamed people familiar with the matter.“When a Ukrainian negotiator first mentioned the term, partly in jest, it was as part of an attempt to convince the Trump administration to push back…

Pharmacies are an important category of everyday spend for a lot of people, whether it’s antihistamines or wellness items with optional vibration. While there are credit cards that earn as much as 10 mpd on this category, the best card boils down to which particular chain you’re visiting, and whether you’re spending online or offline. How do pharmacies code? Pharmacies usually code as MCC 5912 Most pharmacy transactions code as MCC 5912 (Pharmacies or Drug Stores). This covers the vast majority of pharmacies you’re likely to encounter, such as Guardian, Unity, or Watsons. Unity pharmacies located within FairPrice outlets may…

Even when a business is losing money, it’s possible for shareholders to make money if they buy a good business at the right price. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed. So should KOP (Catalist:5I1) shareholders be worried about its cash burn? In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of…

On The Ground newsletter: Get a weekly dispatch from our international correspondentsGet a weekly dispatch from our international correspondentsGet a weekly international news dispatchDeeply ingrained in Raul Valdes-Fauli’s family lore is the November 1960 day when an agent of Fidel Castro’s revolution showed up at his family’s Pedroso Bank in Havana, with a machine gun, and demanded they leave. Calling his father and uncle gusanos — or worms, a Spanish-language term coined by Castro to denigrate those fleeing the island — the agent seized the bank and in an instant dispossessed a family that arrived from Spain in the 16th…

Taken together, the issues facing residential buyers, Build to Rent landlords, and registered providers mean that greater action to support the supply of new homes is needed if housebuilding is to recover and, ideally, exceed recent averages.Calls for action on demand are growing and have so far focused largely on spurring residential demand — through a return to Help to Buy or a similar equity loan scheme (HBF, 2025b). There is a case for this. The previous scheme successfully boosted housebuilding in the aftermath of the Global Financial Crisis and, contrary to common perception, had modest to no impact on…

GARY, Ind. (WISH) — Multi-platinum selling, Grammy, and Golden Globe nominated recording artist Wiz Khalifa will perform at Hard Rock Live Northern Indiana on August 28. Wiz Khalifa’s career took off in 2011 when he released his first major debut album Rolling Papers, which spawned the hugely successful hits “Black and Yellow,” “Roll Up,” and “No Sleep.” Those hits gave Wiz the platform to win the award for Best New Artist at the 2011 BET Awards and Top New Artist at the 2012 Billboard Music Awards. “Black and Yellow” also earned him his first two GRAMMY nods for Best Rap…