The new wave of sobriety start-ups shaking the 12-step model The circle of chairs has achieved a culturally iconic status. Alcoholics Anonymous and Narcotics Anonymous meetings are so prevalent in television dramas that you'd think the 12-step program was sponsoring the networks. But in the past few years, a new recovery...
This time last year, the crypto bull market stole the spotlight. In the midst of bitcoin’s wild run, we announced the Matrix FinTech Index in recognition of the top 10 publicly traded U.S. fintechs quietly surpassing $100 billion in total market capitalization. We predicted that in 2018, the fintechs would prove...
Wood Group was sitting pretty at the top of the index as oil prices advanced, with West Texas Intermediate up 3.1% at $48.60 a barrel and Brent crude 2.9% higher at $57.65. Schroders was also on the front foot after Exane BNP Paribas upgraded the asset manager to ‘outperform’ from...
TOKYO -- More Japanese companies went under for lack of personnel last year, reflecting the growing toll of the country's ongoing labor crunch on businesses that fail to secure or keep workers. Tokyo Shoko Research counted 362 such bankruptcies during the year through November 2018, up more than 20% on...
Speaking throughout a check out to Singapore, the global assistant claimed: "When Theresa May returns with those peace of minds that she has actually been looking for from the EU that the offer that is on the table is not going to lead to us being permanently caught in...
London stocks ended 2018 slow with the FTSE drifting through the 6700's to the downside posting a low of 6676 from a high of 6767 as investors weighed up signs of enhancing relations between the United States and China versus frustrating Chinese production data. The FTSE 100 ended the...
BEIJING-- A crucial metric for the health of China's manufacturing sector is revealing contraction for the very first time in more than 2 years, more proof that the Chinese economy is slowing under the weight of the trade war with the U.S. China's main production buying managers' index stood at...
While there is no formalized list of “Thou Shall Not” items for start-ups seeking funding similar to the Ten Commandments, if there were, Thou Shall Not encumber your balance sheet with debt, would certainly make the list. Doing so can be a death nail to your company. Unfortunately, debt which impacts...
Fintech adoption continues to grow and disrupt traditional banking models. What lies in store in Southeast Asia over the coming 12 months? By John Pennington In the Asia-Pacific region, the fintech market is projected to reach US$72 billion by 2020. In Southeast Asia, the market is growing quicker in some countries...
The detention in Canada of Meng Wanzhou, Huawei’s CFO and the daughter of its founder, is further inflaming tensions between the US and China. Her arrest is linked to a US extradition request on undisclosed charges, but China says it’s a human rights violation and is demanding her swift release. Recommended...