The Ssense founders have finalized the deal to buy the business out of bankruptcy and restructure its operations, winning out over a group of lenders who had been lobbying for a liquidation. In mid-January, a Canadian court notified Ernst & Young, the business’s monitor, that the bid submitted by the founders, brothers Rami Atallah, Bassel Atallah and Firas Atallah, together with their strategic partner, a leading Canadian multifamily office, had been accepted. The deal closed on Feb. 13. More from WWD ...

牧原股份相关工作人员表示："公司已成功引入正大集团、丰益、中化香港、香港豫农国际、富达基 金、RBC、高毅、平安人寿保险、大家人寿、UBS AM等多家知名机构作为基石投资者，合计认购金额 约53.42亿港元。" 据了解，牧原股份已明确本次募资净额核心投向，围绕全球化战略推进与核心竞争力提升展开。60%募 集资金用于海外布局：约62.76亿港元将用于拓展海外商业版图，包括加强越南等东南亚国家在内的海 外市场开拓，完善全球供应链体系，推动海外收购、战略联盟等资本运作。这一布局与公司现有海外动 作形成呼应，此前牧原股份已在越南设立全资子公司，并与当地企业合作落地年出栏160万头的高科技 养殖项目，为海外市场拓展奠定基础。30%募集资金攻坚技术创新：约31.38亿港元将投入全产业链研 发创新工作，重点巩固公司在育种、智能养殖、营养管理及生物安全等核心领域的技术优势。10%募集 资金补充运营资金：约10.46亿港元将用作营运资金及一般企业用途，为日常经营运转、各项战略举措 落地提供充足的流动性支持。 早在2025年5月27日，牧原股份首次向香港联交所递交发行上市申请并刊发相关资料；同年11月27日， 公司收到中国证券监 ...

Core Insights - The primary lesson for gold investors in 2023 is the absence of limits to new price highs amid ongoing uncertainty and geopolitical tensions [1] Price Movement - Gold prices have been on an upward trajectory, reaching a high of $4,926 per ounce and briefly hitting $4,970 during Asian trading hours [1] - The closing price for gold on Thursday was a record $4,908.80 per ounce, indicating a strong performance [1] - A continued positive session would mark the fourth consecutive increase in gold prices [1]

Group 1 - The company RBC Avion has a rewards program that allows customers to redeem points for gift cards, such as those from Air Canada [1] - A customer experienced frustration when a gift card was accidentally discarded, leading to inquiries about the re-issuance policy [2] - There is uncertainty regarding the company's policy on lost or undelivered gift cards, prompting the customer to seek further assistance [2]

Goldman Sachs (GS) said Wednesday that it had reached an agreement to move its Apple Card business to Chase (JPM) in a deal that brings the company one step closer to ending its years-long foray deeper into the consumer banking business that became a headache for the firm. “This transaction substantially completes the narrowing of our focus in our consumer business,” Goldman Sachs CEO David Solomon said in a press release statement. The deal still requires regulatory approval and isn’t expected to be fi ...

Goldman Sachs (GS) has reached an agreement to move its Apple Card business to Chase (JPM) in a deal that brings the company one step closer to ending its years-long foray deeper into the consumer banking business that became a headache for the firm. “This transaction substantially completes the narrowing of our focus in our consumer business,” Goldman Sachs CEO David Solomon said Wednesday in a press release statement. The deal still requires regulatory approval and isn’t expected to be finalized for t ...

Core Viewpoint - The British pound has reached a two-month high against the euro and remains stable against the dollar, influenced by the upcoming Bank of England meeting and market expectations regarding monetary policy [1][3]. Group 1: Currency Performance - The pound rose to 87.03 pence per euro, marking its largest increase since mid-October, although the gain was just over 0.1% [1]. - The pound held steady at 1.3518 against the dollar, slightly below the three-month high reached last week [1]. Group 2: Market Expectations - The Bank of England's recent decision to lower interest rates, albeit with a cautious approach, is expected to keep the pound strong against other currencies, particularly the dollar, as the market anticipates continued easing from the Federal Reserve [3]. - Major Wall Street banks, including Morgan Stanley, UBS, and RBC, predict a bullish outlook for the pound against the dollar, forecasting it could reach between 1.43 and 1.51 by 2026, potentially hitting the highest level since the 2016 Brexit referendum [3]. Group 3: Divergent Views - Goldman Sachs maintains a neutral stance, suggesting that the pound's upward momentum may stall around 1.35-1.36, citing a weakening labor market and expected declines in overall inflation [4]. - Wells Fargo holds a bearish view, predicting a significant rebound for the dollar and a decline in the pound to around 1.31, indicating ongoing uncertainty in future exchange rate movements [4].

Core Viewpoint - Quantum BioPharma Ltd. is facing a class action lawsuit alleging stock manipulation that has materially harmed its shareholders between January 6, 2021, and October 15, 2025 [1] Company Overview - Quantum BioPharma Ltd. (NASDAQ: QNTM) is a biopharmaceutical company focused on developing innovative treatments for neurodegenerative and metabolic disorders, as well as alcohol misuse disorders [3] - The company is advancing its lead compound, Lucid-MS, which is designed to prevent and reverse myelin degradation associated with multiple sclerosis [3] - Quantum BioPharma retains a 19.86% ownership stake in Unbuzzd Wellness Inc., which is involved in the marketing of its product unbuzzd™ and is entitled to a 7% royalty on sales until total payments reach $250 million, after which the royalty rate will drop to 3% [3] Legal Actions - Shareholder Paul Durkacz has initiated a class action lawsuit against Quantum BioPharma, claiming that investors were victims of stock manipulation [1] - Quantum BioPharma intends to seek appointment as a lead plaintiff in the class action to protect its shareholders [2] Strategic Investments - The company maintains a portfolio of strategic investments through its subsidiary, FSD Strategic Investments Inc., which includes loans secured by residential or commercial properties [3]

Core Viewpoint - The U.S. labor market is showing signs of deterioration, with rising unemployment rates and a decline in non-farm employment numbers, indicating a cooling labor market [3][4]. Employment Data Summary - In November, non-farm employment increased by 64,000, slightly above market expectations, but the unemployment rate unexpectedly rose to 4.6%, the highest since September 2021, signaling a continued cooling of the labor market [3]. - October saw a significant decline in non-farm employment by 105,000, marking the third instance of "net reduction" in the past six months. This decline was primarily due to over 150,000 federal employees leaving their positions to accept government buyout offers, impacting public sector employment [3]. - Economists describe the current labor market as characterized by "low layoffs and low hiring," with companies cautious about layoffs and a decline in job vacancies [3]. Federal Reserve Policy Implications - Employment and inflation data are critical for the Federal Reserve's monetary policy decisions. However, due to the government shutdown affecting statistical work, the October and November employment data are considered somewhat distorted [4]. - The market expects the Federal Reserve to refrain from reacting strongly to these employment reports in the upcoming January meeting, with more reliable data anticipated in early January 2026 [4]. Divergence in Interest Rate Predictions - There is a divergence in views regarding the Federal Reserve's interest rate strategy for the upcoming year. Most officials predict only one rate cut in 2026, while some believe no cuts are necessary. In contrast, futures markets suggest investors are betting on two rate cuts in 2026 [5]. - Analysts have differing opinions on the employment report's implications. Some view it as providing the Federal Reserve with policy flexibility, while others express concerns about how a weaker job market could impact overall economic growth [5]. Economic Outlook - Despite the clear trend of cooling employment, some analysts believe it aligns with a "soft landing" for the U.S. economy, as job growth is no longer overheating and wage inflation pressures are easing [6]. - The urgency for the Federal Reserve to initiate a new round of rate cuts in January appears limited, with a preference to wait for more stable employment and inflation data before making further policy decisions [6].

Group 1 - The Federal Reserve announced a monthly purchase of $40 billion in U.S. Treasury securities starting this Friday, exceeding market expectations, aimed at alleviating short-term interest rate pressures by replenishing bank reserves [1] - Major banks on Wall Street have revised their forecasts for U.S. Treasury supply in 2026, with Barclays projecting total purchases could approach $525 billion, up from a previous estimate of $345 billion [1] - JPMorgan also raised its forecast, expecting the Fed to maintain the $40 billion monthly purchase pace until mid-April next year, with total purchases nearing $490 billion, nearly doubling previous estimates [1] Group 2 - Investment banks believe the Fed's actions will effectively ease reserve tightness caused by balance sheet reduction, helping to lower short-term financing pressures and benefiting SOFR-federal funds spread trading [2] - Analysts noted that the Fed is managing the return to "adequate" reserve levels more cautiously than in 2019, reflecting a strong intent to avoid disorder in the funding markets [2] - Despite improved liquidity conditions, some institutions warn that year-end market volatility remains likely, as the December purchase scale may not cover the seasonal overnight funding demand [2] Group 3 - The Fed's shift from balance sheet reduction to replenishing reserves marks a new phase in the funding market, becoming a key variable for balancing U.S. Treasury supply and short-term interest rate trends in 2026 [3]