Author: Verum

Yes, the weather is highly unpredictable now everywhere and yes, unexpected cold snaps are still carrying snow and freezing temperatures. But some places in Europe continue to boast sun and warmth for most of the year — and particularly during the spring months.

Madonna di Campiglio, a mountain resort in Italy’s Dolomites, has long been a draw for prominent names, attracting Habsburg monarchs (Emperor Franz Joseph and Empress Elizabeth) in the late 19th century, and more recently, digital “royalty,” like the influential blogger/entrepreneur Chiara Ferragni.

One of the world’s leading experts on influence and persuasion, Phil M. Jones, likes to use a quote from Spiderman to explain the moral duty of his clients. In the 2002 Spiderman movie, Uncle Ben says to Peter Parker, “With great power comes great responsibility.”

Jon Michail is Founder & Group CEO of Image Group International & best-selling author of Life Branding. Follow him on LinkedIn & Twitter.

A BNE Intellinews article posted March 6 alleges that Forbes-listed billionaire Oleg Tinkov used money he raised from selling his stake in Tinkoff Bank in Russia to help kick start a fintech project south of the border. The Mexico start-up’s co-founders say that is not the case, though, on a video making the rounds in Russia, Oleg calls the project “ours”.

Rem Darbinyan is the Founder/CEO of SmartClick. SmartClick builds deep tech innovations based on artificial intelligence & machine learning.

Earth and Venus share many similarities. Both are rocky planets of roughly similar size and likely Venus has an inner core and partially molten mantle. Cone-shaped mountains and solidified basalt flows show that there was also widespread volcanic activity on the planet’s surface at some point in the planet’s past.

Billionaire and Baidu CEO Robin Li on Thursday officially unveiled the Chinese search giant’s answer to ChatGPT, as his company seeks to outdo domestic competitors in developing conversational artificial intelligence technologies, which have recently taken the world’s second largest economy by storm.

We are approaching one of the weakest time periods for bond prices in any year, the third week of March. Below we see the average daily performance of the ten-year note since 1982. The arrow points to the potential decline ahead. Price has fallen 82% of the time in that week. There is confirmation for this activity in the US 30-year bond, the JGB, and the bund. So there is confirmation from other fixed-income instruments along the yield curve and in foreign countries.

Goldman Sachs’ stock (NYSE: GS) has lost approximately 6% YTD as compared to the 2% rise in the S&P500 index over the same period. Further, at its current price of $322 per share, it is trading 19% below its fair value of $396 – Trefis’ estimate for Goldman Sachs’ valuation. The investment bank posted lower-than-expected results in the fourth quarter of 2022, missing both revenues and earnings consensus estimates. The total revenues decreased 16% y-o-y to $10.59 billion, mainly driven by a 48% drop in investment banking and a 27% decline in asset & wealth management businesses. The investment banking was primarily down due to lower underwriting revenues – equity underwriting (-82%) and debt underwriting (-70%), driven by lower deal volumes. Similarly, asset & wealth management suffered due to a sharp decline in net income from equity investments and debt investments. That said, the platform solutions and FICC (fixed income, currency & commodity) trading revenues witnessed positive growth in the quarter. Overall, the adjusted net income was reduced by 69% y-o-y to $1.18 billion. This was partly because of negative growth in the top-line and partly due to higher expenses as a % of revenues.