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Underwater rugby players from Timmins make a splash in Boston
News Sports
Underwater rugby players from Timmins make a splash in Boston
A team of underwater rugby enthusiasts from Timmins competed in a tournament in Boston, Massachusetts, last weekend. The CAMOs, a group of six players who practice at the Archie Dillon Sportsplex pool, joined forces with other underwater rugby players from Montreal and Toronto to form a mixed team. They participated in the Boston Narwhals Invitational, a two-day event that featured seven teams from the United States and Canada. Underwater rugby…
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Bandits clinch playoff spot with win over London
News Sports
Bandits clinch playoff spot with win over London
The Brantford Bandits have matched their win total from last season and secured a playoff berth with a 4-2 victory over the London Nationals on Wednesday night at the Wayne Gretzky Sports Centre. Bandits score three in the first period The Bandits came out flying in the first period, scoring three goals in less than nine minutes to take a commanding lead. Cole Hipkin opened the scoring at 3:35 with…
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Mosley High School welcomes four new inductees into its Athletic Hall of Fame
News Sports
Mosley High School welcomes four new inductees into its Athletic Hall of Fame
Mosley High School, a public high school in Lynn Haven, Florida, has announced the names of four new inductees into its Athletic Hall of Fame. The four members include three former athletes and one former coach who have made significant contributions to the school’s athletic program. John Little: A versatile athlete and a successful coach John Little graduated from Mosley High School in 1982. He was a standout athlete in…
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India makes history by reaching round of 16 in Asian Games football
News Sports
India makes history by reaching round of 16 in Asian Games football
The Indian men’s football team has achieved a historic feat by qualifying for the round of 16 in the Asian Games for the first time since 2010. The Blue Tigers drew 1-1 with Myanmar in their final group A match at the Xiaoshan Sports Centre Stadium on Sunday, September 24, 2023. Chhetri scores again to give India the lead India’s captain and star striker Sunil Chhetri continued his impressive form…
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Big Banks Boost Their SBA Loan Growth Amid Economic Slowdown
Business News
Big Banks Boost Their SBA Loan Growth Amid Economic Slowdown
The Small Business Administration (SBA) has reported a 12% increase in the number of 7(a) loans approved in the fiscal year 2023, which ends on September 30. The 7(a) program is the SBA’s flagship loan program that provides financing for small businesses to start, expand, or acquire other businesses. The SBA guarantees up to 85% of the loan amount, reducing the risk for lenders and making it easier for small…
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Listed firms, banks to raise over Rs 18,000 crore in two days amid market rally
Business News
Listed firms, banks to raise over Rs 18,000 crore in two days amid market rally
Market conditions favourable for fund raising Several listed firms and banks are planning to raise over Rs 18,000 crore through debt instruments in the next two days, taking advantage of the favourable market conditions and low interest rates. The total fund raising in September is set to cross Rs 50,000 crore, the third time since the beginning of the fiscal year 2023-24. According to sources, some of the companies and…
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Digital banking in Africa: a promise of inclusion or a new form of exclusion
Finance News
Digital banking in Africa: a promise of inclusion or a new form of exclusion?
The rise of digital banking in Africa Africa is witnessing a rapid transformation of its financial landscape, driven by the emergence and expansion of digital banking. This technological revolution is reshaping the way people access and use financial services, offering convenience, affordability, and personalisation. Digital banking refers to the provision of banking services through online platforms and mobile applications, often leveraging data and artificial intelligence to deliver tailored solutions. Digital…
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Egypt’s banks report strong growth in first half of 2023
Business News
Egypt’s banks report strong growth in first half of 2023
Egypt’s banking sector has witnessed remarkable growth in the first half of 2023, according to the latest report by the Central Bank of Egypt (CBE). The total financial position of banks operating in the local market increased to about EGP 13.798 trillion (USD 445 billion) in June 2023, reflecting the resilience and stability of the sector amid the challenges posed by the COVID-19 pandemic. Banks’ assets and liabilities The CBE…
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Business community urges to promote Islamic banking in Pakistan
Business Finance
Business community urges to promote Islamic banking in Pakistan
The business community of Pakistan has expressed its need for more efforts to promote Islamic banking and finance system in the country, which is based on the principles of sharia law and does not involve interest or riba. Islamic banking has potential to grow in Pakistan According to Ijaz Afridi, the acting president of Sarhad Chamber of Commerce and Industry (SCCI), Islamic banking has great potential to grow in Pakistan,…
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Singapore’s banking sector tightens controls after money laundering scandal
Finance News
Singapore’s banking sector tightens controls after money laundering scandal
Singapore’s banking sector is undergoing a major revamp after a S$2.4 billion (US$1.8 billion) money laundering scandal involving several banks and individuals with foreign passports. The scandal has exposed the loopholes in the city-state’s anti-money laundering policies and prompted the authorities to step up their oversight and scrutiny of the financial institutions and their clients. The scandal that rocked the financial hub The money laundering scandal came to light in…
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