Monthly Archives: August 2022

Banking deals continue decline for Q2 but downturn could provide buyout opportunities

The number of financial services deals declined 31% in Q2, compared to Q1. The downward spiral, which shows no sign of bottoming out, has been heavily impacted by slashed valuations. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Banking industry. Learn more about becoming a client. The news: The number and total value…

Discounts on Russian crude oil are shrinking as Moscow regains pricing leverage in a tight energy market

Russia President Vladimir Putin. Dennis Grombkowski/Getty Images Russia is gaining pricing power for its crude after months of selling barrels at a steep discount.  ESPO crude is now changing hands at parity with Dubai crude after previously trading at a $20 discount. Urals crude is selling at roughly $20 to $25 below Brent crude versus…

A shocked John Kelly told Trump ‘those are the heroes’ after the president said having wounded veterans in a military parade ‘doesn’t look good,’ book reveals

Former President Donald Trump and former White House Chief of Staff John Kelly. Mandel Ngan/AFP via Getty Images John Kelly once had to tell Donald Trump that wounded war veterans “are the heroes,” after Trump said he didn’t want to include them in a military parade.  According to an excerpt from an upcoming book by…

Trump invoked his Fifth Amendment rights in his long-awaited deposition with the New York attorney general’s office

Former President Donald Trump flashes a fist-pump salute outside Trump Tower on August 10, 2022, before embarking in his motorcade to the lower Manhattan office of New York AG Letitia James. Julia Nikhinson/AP Trump promised to invoke his Fifth Amendment rights in a highly-anticipated deposition before NY AG Letitia James. He released a lengthy statement…

European natural gas prices jump 7% as Russia squeezes supplies and Germany’s Rhine river runs low

Germany’s Rhine river is running low after a period of drought. NurPhoto/Getty Images European natural gas prices jumped Wednesday as worries grew over Russian supplies and the Rhine river ran low. Prices are close to record highs as the continent rushes to fill its storage capacity before what could be a brutal winter. Germany’s river…

Time-lapse footage captures deep sea sponges ‘sneezing’ to expel waste and keep themselves clean

Time-lapse footage of the Indo-Pacific sponge Chelonaplysilla sp. sneezing. Current Biology/Kornder et al Researchers caught footage of sea sponges sneezing to expel unwanted material, in a new study. Sneezing is a mechanism that sponges evolved to keep themselves clean, the scientists say. A sponge sneeze takes about half an hour to complete. Sea sponges, among…

The State of the Creator Economy

In “The State of the Creator Economy,” we detail the latest trends in the creator economy, including monetization strategies, popular social platforms, and recent growth. Simply enter your information to get a copy of this exclusive PDF and to start receiving the eMarketer Retail newsletter, which covers today’s most important trends in the world of commerce. Read…