News That Matters

Tag: offering

Nasdaq Dubai launches Saudi futures in bid to diversify investor offering

Nasdaq Dubai launches Saudi futures in bid to diversify investor offering

Finance
The Nasdaq Dubai on Wednesday launched futures trading on shares of 12 Saudi Arabian companies, its first single stock futures outside of the United Arab Emirates. The move aims to diversify financial offerings to regional and international investors, allowing them to both invest in and trade Saudi companies on the Emirati exchange. The companies now available for futures trading on the Dubai exchange comprise a market capitalization of 794 billion Saudi riyals ($ 212 billion) and cover sectors including real estate, mining, banks, industrial materials and petrochemicals. "This is a very good opportunity for investors out of ...
Medicaid health plans now offering to pay non-traditional services

Medicaid health plans now offering to pay non-traditional services

Health
This is a Kaiser Health News story. Emilia Ford became pregnant at 15 and, after her daughter was born, dropped out of high school. As she held down different jobs during the past decade — including housekeeping and working in a relative’s retail store — she always thought about going for her GED to show she met high school academic skills. But the Brookhaven, Pa., woman needed assistance finding tutors and paying for the set of four tests, which cost $ 20 each. She found help from an unexpected source: her Medicaid health plan. AmeriHealth Caritas, a Philadelphia-based insurer with 2 million Medicaid members in Pennsylvania and five other states, helps connect members with nonprofit groups providing GED test preparation classes, offers telephone coaching to keep member...
Air Asia announces big sale, offering tickets for as low as Rs 399

Air Asia announces big sale, offering tickets for as low as Rs 399

Finance
Air Asia has announced a new sale under which it claims to offer discounted airfares on both Indian and international routes. However, the sale is only meant for members of its loyalty programme called Big Members. The sale period is from November 12 to November 18, 2018. As per a statement issued by the company, tickets are available for as low as Rs 399 on domestic routes and Rs 1,999 on international routes. On the domestic routes, passengers can choose from 21 destinations where the low-cost carrier flies across the country, with a fleet of 19 A-320 aircraft. Among the cities are Bagdogra, Bengaluru, Bhubaneswar, Goa, Guwahati, Hyderabad, Imphal, Indore, Jaipur, Kochi, Kolkata, New Delhi, Pune, Ranchi, Srinagar and Visakhapatnam. Among the overseas routes passengers can choose from ...
Wonga payday firm stops offering new loans

Wonga payday firm stops offering new loans

Business
Payday lender Wonga has said it is no longer accepting new loan applications as it teeters on the brink of collapse.The company said in a statement on its website that it was continuing to "assess its options" and existing customers could still use their services to manage their loans.It follows a surge in compensation claims against the firm amid a government clampdown on payday lenders.Reports say the firm has lined up Grant Thornton to act as administrators.Wonga, the UK's biggest payday lender, has faced criticism for its high-cost, short-term loans, seen as targeting the vulnerable. Wonga: Where have all the borrowers gone? What's gone wrong with Wonga? The company's statement said: 'While it continues to assess its options...
Elon Musk's latest offering: $1,500 Tesla surfboards

Elon Musk's latest offering: $1,500 Tesla surfboards

Technology
Tesla, the electric car company headed by billionaire Elon Musk, briefly took to selling surfboards through its online store this weekend. The move into surfboards seems to have been a limited-edition promotional tie-up with a company called Lost Surfboards rather than a regular new revenue maker for the company.Earlier this year, Mr Musk's tunnel construction business The Boring Company sold 20,000 flamethrowers and 50,000 hats in a bid to raise equity.The car company said that all of its vehicles - the Model S, X and 3 - could "comfortably accommodate this surfboard on either the inside or outside of the vehicle".Shortly after being advertised on Tesla's site, the surfboards seemed to have sold out despite being listed at $ 1,500 (£1,140) - a significantly premium pr...