Browse Tag

Trading

Elliptic Laboratories has been admitted to trading

1 min read

The FINANCIAL — The smart sensor company Elliptic Labs has today been admitted to trading on Merkur Market (ticker code: ELABS-ME). Elliptic Labs creates software-only sensors that are sustainable, eco-friendly, and already deployed in over 100 million devices. Recently, the company raised NOK 125 million through a private placement. The placement attracted very strong interest from Norwegian and international investors, and was significantly oversubscribed, reported the company. Elliptic Labs will use the proceeds from the placement to develop its technology and products, in addition to other purposes. “Our primary technology focus is ultrasound, which doesn’t require any additional hardware. Instead, our software modules reuse a device’s existing speakers and microphones in order to detect motion, proximity, presence, and…

Read More »

Elliptic Laboratories has been admitted to trading

1 min read

The FINANCIAL — The smart sensor company Elliptic Labs has today been admitted to trading on Merkur Market (ticker code: ELABS-ME). Elliptic Labs creates software-only sensors that are sustainable, eco-friendly, and already deployed in over 100 million devices. Recently, the company raised NOK 125 million through a private placement. The placement attracted very strong interest from Norwegian and international investors, and…

The tech company Play Magnus today been admitted trading

2 mins read

The FINANCIAL — Play Magnus recently raised NOK 452 million through a private placement, consisting of NOK 300 million in new shares and approximately NOK 152 million to existing shareholders. The issue was significantly oversubscribed.   “The shareholders have provided the company with NOK 300 million in fresh equity, which will be used for technology development and further growth”, states the company.   “This is…

Top trading partners of Georgia (January – June 2020)

4 mins read

The FINANCIAL — National Statistics Office of Georgia published preliminary results of External Merchandise Trade of Georgia and The Domestic Exports in January – June 2020. Copper ores and concentrates reclaimed the first place in the list of top export items, equaling USD 332.4 million, or 30.8 percent of total exports. In January-June 2020 the external merchandise…

Online retail giant ASOS to pay back furlough cash (£1.8m) to government

5 mins read

The FINANCIAL — Asos announced that would be returning the cash it received under the government’s furlough scheme as it released trading statement. In a statement issued online, the company revealed that it’s able to make the payments thanks to ”a steady improvement in sales”. Active customer base increased to 23m, +16% year on year, with particularly…

Is Forex Trading Profitable ?

6 mins read

Is forex trading really profitable? This is a common question especially with newbies and short term traders. In reality, this is not a direct ‘yes’ or ‘no’ question. Depending on the strategies and other factors that determine success in forex trading, the answer, however, would be ‘yes’. With statistics showing that the market is more…