RICHMOND, British Columbia (AP) _ GLG Life Tech Corp. (GLGLF) on Friday reported a loss of $5.9 million in its fourth quarter.

The Richmond, British Columbia-based company said it had a loss of 15 cents per share.

On June 2, the European Securities and Markets Authority (ESMA) published a final report setting out technical advice to the European Commission (EC) on the fair, reasonable, non-discriminatory and transparent (FRANDT) commercial terms for the provision of clearing services (the Report).

In the Report, ESMA sets out how conditions under which the commercial terms for the provision of clearing services are to be determined as FRANDT. In doing so, ESMA aims to balance the need to improve clearing clients’ access to clearing services and ensure that these services are provided on FRANDT compliant terms, while also ensure that the requirements are proportionate and within their mandate.

ESMA notes that the requirements covered in the technical advice address concerns of clearing clients and clearing service providers and aim to:

“Community-builder and class mom. I can’t stand it when someone feels left out.”

Hometown: New Providence, New Jersey

Fun fact about yourself: I know how to make the vegan version of most non-meat items. Milk, eggs, cheese – even mayonnaise!

Undergraduate School and Degree: University at Buffalo, Doctor of Pharmacy (PharmD)

(I did an accelerated program, and as a result, do not have a bachelor’s degree.)

Where was the last place you worked before enrolling in business school? Celgene, Patient Support Specialist

Where did you intern during the summer of 2019? Bristol-Myers Squibb, Princeton, NJ

Where will you be working after graduation? Bristol-Myers Squibb, Commercial Leadership Development Program Associate

Community Work and Leadership Roles in Business School:  

Co-President, Pharmaceutical Management Club

Lead, MBA Student Mentoring Program

Which academic or extracurricular achievement are you most...

What a year to be new on the job.

Francesca Cornelli, dean of Northwestern University Kellogg School of Management, was already filling big shoes when she replaced Sally Blount last August. Blount had presided over the opening of the school’s $250 million Global Hub on Lake Michigan in 2017 and guided Kellogg’s first-ever major capital campaign to a successful $365 million conclusion. At the time, Blount was the first and only woman to helm one of the so-called M7 business schools.

Now Cornelli is the only woman in that rarefied position. But after coronavirus closed business school campuses around the world, her first year on the job went in an entirely unexpected direction.

“It was definitely a baptism of fire, I can tell you that,” Francesca Cornelli told MBA students Hamza Faisal and Gabriel Meizner, co-hosts of the Kellogg podcast The Doppler Effect, in a recent interview. “I have to say this has been a huge learning curve for me.

“One of the...

We speak with Ruerd Heeg about his quantitative approach and what opportunities he is finding.

While he is pessimistic about market valuations as a whole, he sees a number of cheap stocks he thinks could work.

He also sheds light on how he applies his quantitative strategy.

Harvard Business School today (June 2) disclosed that it will enroll an entering class of MBA students this fall will be more than 200 students shy of its more typical 930-to-940-student cohort. After dipping into its waitlist, the school expects to welcome a class of only 720 students because many students have decided to defer their enrollment by a year or two.

The size of the rollback in the class is a surprise. Many observers assumed that Harvard would have relatively few takers of its offer of a deferment to any admit who wanted one. The school gave every student admitted to the Class of 2022 the opportunity to defer their admissions offer and join a later class.  Many observers concluded that few admitted students would take HBS up on its offer, especially because a granted deferment could mean a wait of up to two years. That clearly was not the case, raising the prospect that its deferment offer backfired, making it less likely to enroll a normal...

One more time, bitcoin has surpassed the important level of $10,000 in a strong upward move. The digital asset jumped nearly 10% yesterday going above $10,400, climbing to a new 11-week high.

Currently, bitcoin is hovering around $10,100 while managing the daily trading volume of $3 billion. These gains have bitcoin trending yet again on Chinese Twitter, higher than US stocks.

The Global High-frequency Trading Market is known to provide a comprehensive and detailed information of the High-frequency Trading market for the estimated forecast period. In addition, the report also analyses theoverall growth of the market. It also covers and determines themarket growth and market share for the estimated forecast period 2026. Moreover, the reportprovides in depth and detailed analysis for the market in the estimated time frame. It alsocovers and analysis several segments which are present in the market. Furthermore, detailedanalysis is done to determine the competitive landscape of the market share, market size, forthe estimated forecast period. This High-frequency Trading report also provides the readers with detailed figures at which the High-frequency Trading market was valued in the historical year and its expected growth in upcoming years. To analyze the global High-frequency Trading industry the analysis methods used are SWOT analysis and PESTEL...

“A driven individual that is focused on learning and quietly achieving his goals.”

Hometown: Halifax, Nova Scotia

Fun fact about yourself: In 2004, I won the Gillian Wilson Award as the Canadian Junior Equestrian Athlete of the Year.

Undergraduate School and Degree: Acadia University, Bachelor of Business Administration- Finance

Where was the last place you worked before enrolling in business school? Prior to enrolling in business school, I worked in a variety of roles at a business called Angelstone. Within the business, we operated a large series of international showjumping tournaments, I competed as a rider at the international level, and we were active in high-end horse dealing. During my time there, I also separately retailed apparel, worked on developing a fantasy sports app and became a minority shareholder in a rapidly growing group of pizzerias in Toronto called North of Brooklyn.

Where did you intern during the summer of 2019? JP Morgan...

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Tether, the blockchain-powered platform that’s used to power the largest stablecoin by market cap, and Aave Protocol, an open-source and non-custodial money market protocol, have reported a significant increase in demand for Tether (USDT).

They claim that the surge in demand for USDT may be attributed to the growing interest in decentralized finance (DeFi) applications and platforms.

As noted in a release shared with CI, USDT remains the fastest growing stablecoin money market in the evolving DeFi space. There are currently around $7.2 million in USDT available via the Aave platform.

USDT aims to support various DeFi products on Aave, which now has a total liquidity of around $70 million with approximately $60 million of digital assets locked into smart contracts.

The release mentioned that there’s been “a ready take up of USDT in Flash Loans,” which allow users to borrow several different ERC-20 compliant...

“East coast transplant and crab cake enthusiast starting a new life in OH-IO.”

Hometown: Silver Spring, MD

Fun fact about yourself: I started my career as a real-life Kenneth the Page (from the TV series 30 Rock)

Undergraduate School and Degree: Ithaca College, B.S. Television-Radio

Where was the last place you worked before enrolling in business school? Lifetime Television, A+E Networks

Where did you intern during the summer of 2019? The Wendy’s Company in Dublin, Ohio

Where will you be working after graduation? Wendy’s, as an Associate Brand Manager

Community Work and Leadership Roles in Business School:

Coca-Cola has provided modest but steady returns for shareholders over the last five years or more.

Coca-Cola shares are presently trading at high multiples, but lower than  historical level of multiples for this company.

A detailed analysis reveals shareholders should be concerned with a "leaky equity bucket" and increasing net debt.

Floating Point Group, a Cambridge, Massachusetts-based provider of a platform for institutional traders to deploy algorithmic systems for cryptocurrency trading, raised $2m in funding.

Backers included AngelList & MetaStable Capital founder Naval Ravikant, pif.vc, Algorand’s CEO Steve Kokinos, BoxOne Ventures, Seabury Global Markets, and several asset management executives.

The company intends to use the funds to expand its engineering staff and acquire its regulatory licenses in the U.S. to broaden the jurisdictions it can serve.

Led by John Peurifoy, CEO, FPG is an MIT-born startup accelerating the growth of cryptocurrency trading. They offer a consolidated, regulated API for advanced order execution and real-time market data being used by some of the largest and highest performing quantitative traders in the cryptocurrency space. Their API leverages partner settlement networks enabling fast and performant order execution that can happen...