U.S. DFC to mobilise $250 mln for Ukraine small businesses

U.S. DFC to mobilise $250 mln for Ukraine small businesses

KYIV, Jan 31 (Reuters) – The U.S. International Development Finance Corporation has launched an initiative to mobilise $250 million to boost access to capital for Ukrainian small and medium-sized enterprises during the war, CEO Scott Nathan said on Tuesday. Ukrainian SMEs have struggled to get access to finance because of security risks that have deterred private investment in Ukraine since Russia’s invasion almost a year ago. Ukraine’s economy shrank by about one third last year. Nathan said DFC would provide financing to Ukrainian commercial banks for lending to SMEs. "I am here in Kyiv today because we are investing now to help keep Ukrainian businesses moving forward despite difficult circumstances. I am convinced that new DFC investments here will mobilise well over $1 billion in private sector capital to support the economy of Ukraine," Nathan said during his second visit to Ukraine in two months. He said DFC would also sign a letter of intent to provide equity financing to Horizon Capital, a private equity firm investing in Ukraine and Moldova, and support expansion of Dobrobut, a network of private hospitals. Horizon Capital is investing in fast-growing tech and export-oriented companies in Ukraine. Nathan also visited Ukraine in December, […]

GM to invest $650 million in a lithium company to support its electric vehicle business

GM to invest $650 million in a lithium company to support its electric vehicle business

In this article LAC+3.07 (+13.94%) GM+2.77 (+7.63%) US President Joe Biden, with General Motors CEO Mary Barra, looks at a Chevrolet Silverado EV as he tours the 2022 North American International Auto Show at Huntington Place Convention Center in Detroit, Michigan on September 14, 2022. – Biden is visiting the auto show to highlight electric vehicle manufacturing. US President Joe Biden, with General Motors CEO Mary Barra, looks at a Chevrolet Silverado EV as he tours the 2022 North American International Auto Show at Huntington Place Convention Center in Detroit, Michigan on September 14, 2022. – Biden is visiting the auto show to highlight electric vehicle manufacturing. Mandel Ngan | Afp | Getty Images General Motors said on Tuesday it plans to invest $650 million into Lithium Americas to secure access to lithium, a vital component of batteries for electric vehicles. It’s the biggest investment an automaker has ever made to secure sources of the raw materials that go into batteries, the companies said. When the lithium is extracted and processed from the Thacker Pass project, it will provide be enough for GM to make as many as one million electric vehicles per year. Lithium is a critical component […]

In Digital Transformation, The Hardest Part Is Discarding The Past

In Digital Transformation, The Hardest Part Is Discarding The Past

Digital transformation requires different management getty Most big firms attempting digital transformations today are frustrated with the results . At least a score of reasons help to explain the failure. But one particular cause stands out: qualms about letting go of the past. Effective digital transformations must recognize the need for a fresh start, re-examining every aspect of management with new eyes, and a passion for enabling real change, not change in name only. In persuading executives to get started on a digital transformation, it can be tempting to understate the scale of the change, or the length of the transformation journey, and talk of building on the past, as if this is simply merely updating practices that are no longer right for the time. Such language removes any hint of implicitly criticizing executives for unwitting mis-steps taken in the past: it offers the solace that they were merely doing what everyone else thought at the time was right. But it risks stimulating the taste for the status quo and inhibiting the growth of the curious mindset that is needed to enable real change. The reality is that effective digital transformation requires a re-imagination of the very concept of […]

In the News: On the Road to Achieving Digital Transformation

In the News: On the Road to Achieving Digital Transformation

Peter Long Peter Long, executive vice president of Strategy and Health Solutions at Blue Shield of California, was recently featured on two episodes of the Xtelligent Healthcare Media’s Healthcare Strategies podcast, discussing healthcare predictions for the year ahead and digital transformation. In one episode, Peter outlines three main barriers on the road to achieving digital transformation, as well as how Blue Shield of California is leveraging integrated health records as a solution to these challenges. One such challenge is a lack of agreement among payers to collect and share patient data in a consistent, meaningful way – and his wish for 2023 is that such alignment becomes a reality. Here are excerpts from the episodes: “If 2020, 2021, and 2022 were the years of virtual care because of the global pandemic, 2023 will be the realization of how we take those access points and build a blended healthcare model for our members as health plans,” Long said. Listen to the full episode here . “The key to thinking about the digital transformation of healthcare and realizing its potential is to anchor it in the human. So, it’s an interest in taking the science of information and technology but making […]

Lincoln National: A Perfect Buying Opportunity

Lincoln National: A Perfect Buying Opportunity

Summary Lincoln National Corporation had a difficult quarter due to declining equity markets and losses from operations in its Life Insurance business. Other business segments experienced growth in operational income, and higher interest rates resulted in a rise in investment income from its investment portfolio. The company is responding quickly to shifting market conditions and is well on its way to reduce market volatility exposure and implementing cost-cutting strategies. Since the Great Recession, Lincoln National Corporation stock has been at an almost all-time low price-to-sales ratio. While markets do not decline indefinitely, the Lincoln National Corporation stock price appears to be a perfect buying opportunity. courtneyk Introduction Lincoln National Corporation (NYSE: LNC ) is a company worth investing in. Looking at the big picture, we see strong growth in its share price over time, which unfortunately comes with high price volatility, but that isn’t a problem for investors who buy low and sell high. Currently, the stock price appears to be depressed, having fallen 53% from recent highs in October 2021. Historically, this appears to be a good time to buy. Data by YCharts The company provides a variety of insurance and retirement solutions to individuals and groups in […]

Public notice: Opportunity to comment on pending amendment to the Metropolitan Transportation Improvement Plan

Public notice: Opportunity to comment on pending amendment to the Metropolitan Transportation Improvement Plan

Comment through 5 p.m. Wednesday, March 1 Requests to submit comments or concerns about this amendment should be submitted to Summer Blackhorse. Metro is required to document funded projects scheduled to use federal funds over the next four years. The current cycle is documented in the 2021-24 Metropolitan Transportation Improvement Program . Metro is in receipt of the proposed MTIP formal amendments: The purpose of this amendment is to make the necessary funding corrections, increases and fund reprogramming to the 2021-26 MTIP. The project submitted for amendment in this amendment includes: Advance the Regional Travel Options program and funding, which implements strategies to help diversify trip choices, reduce pollution and improve mobility. Advance the Safe Routes to School program and funding, which aims to improve the youth’s ability to safely, affordably and efficiently get to and from school by walking, biking and transit. Combine funds to support the Corridors and Systems Planning program, which emphasizes the integration of land use and transportation to determine regional system needs, functions and desired outcomes. Split funds to contribute toward the development of prioritized transportation improvements and the funding strategy for the region’s next priority corridor.

Asset Management One Co. Ltd. Has $3.01 Million Stock Holdings in Retail Opportunity Investments Corp. (NASDAQ:ROIC)

Asset Management One Co. Ltd. Has $3.01 Million Stock Holdings in Retail Opportunity Investments Corp. (NASDAQ:ROIC)

Retail Opportunity Investments Several research analysts have weighed in on the company. Raymond James lowered Retail Opportunity Investments from an "outperform" rating to a "market perform" rating in a research report on Wednesday, January 4th. started coverage on shares of Retail Opportunity Investments in a report on Wednesday, October 12th. They set a "hold" rating on the stock. BTIG Research lowered shares of Retail Opportunity Investments from a "buy" rating to a "neutral" rating in a research note on Wednesday, January 11th. Finally, TheStreet downgraded shares of Retail Opportunity Investments from a "b-" rating to a "c+" rating in a research report on Tuesday, October 25th. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $17.00.

India has unique opportunity to become global manufacturing hub this decade: Survey

India has unique opportunity to become global manufacturing hub this decade: Survey

Representative Image India has a unique opportunity to become a global manufacturing hub this decade as foreign companies are adapting their manufacturing and supply chain strategies to build resilience, the Economic Survey said on Tuesday. The risk of supply chain shocks has never been more palpable than today, following compounding crises from the US-China trade war , the Covid-19 pandemic, and the war in Ukraine , it said. "In this fast-evolving context, as global companies adapt their manufacturing and supply chain strategies to build resilience, India has a unique opportunity to become a global manufacturing hub this decade," it said. At present, India’s manufacturing sector accounts for about 15-16 per cent of the country’s GDP and there is an aim to increase it to 25 per cent in the coming years. The survey said that the three primary assets to capitalise on this unique opportunity are the potential for significant domestic demand , measures by the government to encourage manufacturing, and a distinct demographic edge. To further enhance India’s integration in the global value chain , ‘Make in India 2.0’ is now focusing on 27 sectors, which include 15 manufacturing and 12 service sectors and that include furniture, agri […]

Is There An Opportunity With eXp World Holdings, Inc.'s (NASDAQ:EXPI) 37% Undervaluation?

Is There An Opportunity With eXp World Holdings, Inc.’s (NASDAQ:EXPI) 37% Undervaluation?

Source: Shutterstock Today we’ll do a simple run through of a valuation method used to estimate the attractiveness of eXp World Holdings, Inc. ( NASDAQ:EXPI ) as an investment opportunity by taking the expected future cash flows and discounting them to today’s value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. Models like these may appear beyond the comprehension of a lay person, but they’re fairly easy to follow. Remember though, that there are many ways to estimate a company’s value, and a DCF is just one method. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model . Crunching The Numbers We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second ‘steady growth’ period. To start off with, we need to estimate the next ten years of cash flows. Seeing as no analyst estimates of free cash flow are available to us, we have extrapolate the previous free […]

Distressed debt funds eye Gulf region opportunities

Distressed debt funds eye Gulf region opportunities

A view of the King Abdullah Financial District in the Saudi capital Riyadh at sun set October 9, 2013. The district, currently under construction, is planned to consist of 42 buildings offering 900,000 square metres of office space, according to local media reports. REUTERS/Faisal Al Nasser DUBAI, Jan 31 (Reuters) – International investors focused on distressed debt said they are eyeing opportunities in the Gulf region, where banks may need to make provisions for more non-performing loans as companies navigate global economic headwinds and post-COVID-19 recovery. Higher interest rates globally and a strong U.S. dollar – to which most regional currencies are pegged – are translating into higher borrowing and other costs in the non-oil private sector. Corporate restructuring opportunities have improved with the introduction of legislative changes, which are bringing rules more in line with global standards. Some successful examples of these changes have also reduced the stigma attached to insolvency. For example, Saudi Arabia, the region’s biggest economy, introduced a bankruptcy law in 2018 and the United Arab Emirates enacted one in 2016 and amended it in 2020. Latest Updates On Tuesday, U.S. hedge fund Davidson Kempner said that investment funds it advises have acquired a non-performing […]