Teranga clubs together with rival African gold producers to clear $38m bullion inventory

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Teranga clubs together with rival African gold producers to clear $38m bullion inventory

TERANGA Gold cleared an inventory backlog of $38m in gold bullion by clubbing together with other West African gold producers who chartered flights to gold refineries in Europe. The company, listed in Toronto, said it would continue to overcome the …
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CANADA STOCKS-TSX slides after dismal factory data

May 14 (Reuters) – Canada’s main stock index slid on Thursday after data showed domestic factory sales slumped in March and as the World Health Organization warned the coronavirus may never go away. * The coronavirus that causes COVID-19 could …
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Free doughnuts! Krispy Kreme celebrates 2020 graduates

Students may not get a chance to walk across the stage as new graduates this year, but that doesn’t mean the end of school isn’t worth celebrating. In honor of the Quarantine Class, Krispy Kreme has cooked up a new, specially frosted batch of doughnuts …
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Mortgage rates settle near historic lows as the purchase market begins to pick up

Mortgage rates have held steady for the past three weeks, a remarkably calm period after early spring’s wild swings. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average crept up to 3.28 percent with an average 0.7 …
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Virgin Atlantic Pitches Rescue Plan to 12 Potential Saviors

(Bloomberg) — Virgin Atlantic Airways Ltd.’s ability to avoid collapse could come down to about a dozen potential investors who tuned into a video presentation on the airline’s coronavirus survival plan this week. Chief Executive Officer Shai Weiss pitched the …
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