Grand Cayman, Cayman Islands –News Direct– Oxbridge Re Holdings The world of finance is undergoing a revolution as traditional assets are transformed into digital tokens and traded on blockchain networks. From real estate to commodities and beyond, the rise of tokenization is breaking down barriers and providing unprecedented access to a wide range of investment opportunities. With increased liquidity, reduced transaction costs, and the ability to trade 24/7 on a global scale, the tokenization of assets is set to disrupt the traditional financial world and provide a new era of investment opportunities for all. According to BCG and ADDX, the asset tokenization market is estimated to be a $16.1 trillion opportunity by 2030. The two entities see underlying growth in the industry being driven by demand from investors searching for greater access to private market opportunities. Oxbridge Re Holdings Ltd. (NASDAQ: OXBR) is among the latest companies entering into the asset tokenization boom after the company recently announced its new wholly-owned subsidiary, SurancePlus, will tokenize its preferred shares representing an indirect interest in reinsurance contracts and sell them as tokenized reinsurance securities to accredited investors. Here is why Oxbridge Re’s plans are a huge opportunity for the company: Introduction: […]
Remote And Flexible Working Remain The Biggest Opportunities For Inclusive Workplaces
Since 2019, Tony has been CEO and founder of Oyster , the HR platform for truly globally-distributed companies. getty To build a fairer future of work, I believe accessibility and flexibility must remain at the heart of hiring and employee experience. But, as many leaders rush to return to office, we cannot ignore the fact that remote work is still the biggest opportunity to create inclusive and accessible workplaces of the future. I find that work, as we typically know it, often requires a great deal of sacrifice; whether that sacrifice is time with our families, the time needed to care for ourselves or the time we’re able to spend within our chosen communities. However, remote working has unlocked new ways of integrating life and work and has made an impact on traditionally underrepresented and underserved workplace communities. Since the start of the pandemic and the rise of widespread remote work, we’ve seen increased labor participation for workers with disabilities in the U.S., rising to 38% in September 2022, according to the Bureau of Labor Statistics. Distributed, work-from-home and work-from-anywhere policies have also allowed many workers who had previously experienced bias and high barriers of entry into the workplace […]
Amazon’s internal Slack channel blows up after employees are told to return to office. Now they’re creating a petition to fight back.
The Amazon Spheres are seen from 6th Avenue at Amazon’s Seattle headquarters in Seattle, Washington, U.S., January 29, 2018. This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Amazon employees turned to Slack on Friday to share thoughts about a new return-to-office policy. Amazon CEO Andy Jassy announced on Friday that employees must come into the office three days a week starting in May. Some employees are working on a petition to fight back. Thousands of Amazon employees joined a new Slack channel to share their thoughts about the company’s surprise return-to-office mandate, with some even organizing to file a petition protesting the change, Insider has learned. Within hours of Friday’s announcement , over 5,000 Amazon employees joined the new Slack channel, called "Remote Advocacy," according to screenshots seen by Insider. The channel was created "to advocate for remote work at Amazon" and seeks "data, anecdotes, articles about the benefits of remote work," it said. As of Tuesday, more than 14,000 people have joined the channel. "Let’s prove that you do not have to be in-person to do good work!" a description of the Slack channel read. The Slack channel was created soon […]
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Tesla may get into the lithium-mining business, and these stocks are cratering
Workers inspect an evaporation pond of lithium-rich brine at an Albemarle Corp. mine in Chile’s Atacama Desert in August. Tesla Inc. TSLA, -5.25% reportedly is on the prowl for its own lithium-mining company, and losses are piling up for the stocks of lithium producers. Shares of Albemarle Corp. ALB, -6.27% were down more than 4% on Tuesday, after a drop of nearly 10% on Friday. Livent Corp. LTHM, -3.38% shares extended their losses a third day, down more than 3% on Tuesday after a 9% decline on Friday. And rounding out the main U.S. publicly traded lithium producers, Piedmont Lithium PLL, -1.36% fell more than 2% after a 12% drop on Friday. According to a Bloomberg report late Friday, Tesla is considering a potential bid for Canadian miner Sigma Lithium Corp. SGML, +16.11% . Sigma Lithium is one of “multiple mining options” being explored, the report said. Tesla has long wanted to mine its own metal, a key component in electric-vehicle batteries. In September, the EV maker filed paperwork connected with a proposed lithium refinery in Texas, which would add to Tesla’s presence in the state. It also would be following the advice of the company’s chief executive, Elon […]
How Strategic Business Partnerships Can Combat Climate Change
Believe it or not, the partnerships your business builds could very well help combat climate change. Getty Images Look at the headlines, and you’ll see plenty of dire warnings about climate change and its consequences. Erratic weather and unprecedented heatwaves don’t just affect wildlife and cause weather-related damage — climate change is even fueling conflict in many parts of the globe. Climate change is also dramatically affecting businesses , and climate-related challenges such as diminished supplies and the exacerbation of poverty could become even more severe in the future. In the midst of all this, businesses are increasingly recognizing their own need to get involved in the fight against climate change — and quite often, strategic partnerships are proving key to making these goals become an attainable reality. Sharing Resources There are many startups that are exclusively focused on solving challenges related to climate change — but while they may have innovative ideas, they often lack the resources to turn them into reality. Enter one of the most common types of strategic business partnerships that is currently seen on a global scale: capital investments that are specifically focused on green initiatives. This was illustrated to me during a recent […]
Birmingham-Shuttlesworth Airport partners with Kuehne+Nagel to expand air cargo business in the U.S. Southeastern corridor
uehne+Nagel and the Birmingham Airport Authority (U.S.) have announced details of a new partnership that will expand business opportunities for both the company and the region. This is the first time the BAA is partnering with a logistics company and the first time Kuehne+Nagel is establishing a presence at a secondary airport in North America. This partnership allows both organizations to better meet the cargo needs of businesses in the region and helps position Birmingham as an important part of the cargo market in the Southeastern corridor of the U.S. Kuehne+Nagel will begin operating weekly international cargo flights into BHM starting in April 2023. This new partnership represents a new era of business development at the airport and positions the Birmingham Airport Authority to build on its role as an important center for business growth in the region and in the state of Alabama. “This is a moment that will change the trajectory of this airport,” said Darlene Wilson, Chair of the Birmingham Airport Authority. “The recent enhancements we’ve made to the infrastructure of the airfield, plans for a new Air Cargo facility, combined with this partnership with one of the leading logistics companies is getting us closer to […]
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What documents are required for a business loan
Most lenders have a list of required documents for business loans . That said, the specific documents you’ll need varies by lender, and some lenders pride themselves on easy-to-complete applications with limited documentation requirements. Documents required for a business loan You’ll generally find that traditional banks and credit unions require the most documentation. But even online lenders, like Upstart, Credibly and Fundbox, have documentation requirements that you must meet to get approved for funding . You’ll also need to specify the loan use, how much you need to borrow and how you’ll repay it. Here’s what you’ll typically need to apply for a business loan. Personal and financial information Lenders want to confirm your identity and learn about your financial health. So, the lender will need your: Name Address Phone number Date of birth Social Security number It’s also helpful to have your personal bank statements from the past year and income documentation handy, just in case the lender requests them during the application process. Small business lenders typically weigh your personal finances alongside your business finances. The lender will use your personal information to get a copy of your credit reports and scores. These factors affect your approval […]
With EDA Support, Small Businesses Fulfill Big Dreams in Kentucky
“Your dream – our mission.” That’s the motto of Community Ventures , a community development financial institution (CDFI) that has been serving Kentucky since 1982. Today, they operate five offices throughout the state and are committed to improving the quality of life for all of its citizens. In the 1990s, Community Ventures began offering microloans of up to $50,000 to small businesses and entrepreneurs who are unable to obtain them from traditional lending providers. Because of this practice, they have awarded the most loans statewide and are regularly recognized for their contributions to economic development. The Kentucky Small Business Association recently named them “Microlender of the Year” – for the 20th consecutive time. “Clients usually walk in with a basic idea and we help flesh out a complete business plan,” said Kevin Smith, President and CEO. “We then determine the financials of the loan, identifying how much start-up capital will be required and how much debt the client can assume. After the loan has been approved, our team of business trainers continues to offer their assistance as needed.” Economic downturns often propel CDFIs into the spotlight, and the pandemic was no exception. In 2020, the demand for microloans grew […]
Mormon Church to pay fine to settle charges it hid an approximately $32 billion investment fund
New York CNN — The Church of Jesus Christ of Latter-day Saints and its investment manager will pay a $5 million fine to settle regulatory charges that it hid a huge investment fund. The Securities and Exchange Commission said Tuesday that Ensign Peak Advisers, the investment management firm that handles the LDS church’s finances, failed to file forms that would have disclosed the value of certain church investments. Instead, the firm filed forms for shell companies that obscured the church’s portfolio and misstated the firm’s control over the church’s investment decisions, the SEC said. The SEC filed charges against both the church for causing the violations as well as Ensign Peak. The LDS church was concerned that disclosure of its portfolio, which by 2018 had grown to approximately $32 billion, would lead to negative consequences, the SEC said. To settle the charges, Ensign Peak agreed to pay a $4 million fine and the LDS church agreed to pay a $1 million penalty. “We allege that the LDS Church’s investment manager, with the Church’s knowledge, went to great lengths to avoid disclosing the Church’s investments, depriving the Commission and the investing public of accurate market information,” Gurbir Grewal, director of […]
Defense Business Brief: Russia touts weapons in Middle East; Army moves to boost artillery round production; Lockheed to start installing hypersonic missiles on destroyers; and more.
Visitors view a TAI/AgustaWestland T129 ATAK attack helicopter on display at the Turkish Aerospace stand during the Naval Defence and Maritime Security Exhibition (NAVDEX), part of the wider International Defence Exhibtion (IDEX) at the Abu Dhabi International Exhibition Centre on February 20, 2023. By Marcus Weisgerber IDEX, the International Defense Exposition held every other year in Abu Dhabi, is one of the few remaining places in the world where American and Russian arms makers share the same venue. (Recall that Russia was booted from the Farnborough Air Show in England last year.) So on the week marking one year since Vladimir Putin ordered his forces to invade Ukraine, some 200-plus Russian weapons are reportedly on display at IDEX. Executives touted their battle-tested weapons , though Russia’s invasion has highlighted its weapons shortcomings . A lot of the language used by Russian companies —such as talk of technology transfer, joint research-and-development projects, and offsets—was incredibly similar to that of Western companies , who have similarly looked to the Middle East to boost sales. Heavily sanctioned by the U.S. and European nations, Russia’s deputy prime minister touted that trade between Moscow and Abu Dhabi rose 68 percent to $9 billion in […]