Israeli trade with Scandinavia reached almost 2 billion euros in 2019, but according to the Ambassador of Sweden to Israel, Erik Ullenhag, Israeli-Nordic trade has even greater unrealized potential. Israeli export to Scandinavia amounted to 1.1 billion euros in total in 2019, while imports were at 763 million euros.
Sweden leads the way among the Nordic countries with 300 million euros of export to Israel in 2019, and its Ambassador spoke recently of the opportunities he identifies for Israeli companies in Sweden and the way in which the Israeli ecosystem complements that of Scandinavia. Sweden has several very good universities and therefore a strong ecosystem for science and innovation. The Telecom and IT-clusters are especially advanced which should be interesting for Israeli companies. As in Israel, Sweden has a highly educated and qualified workforce and both countries are very innovative, Ullenhag said during a virtual event organized by multinational law firm DLA Piper,
KUALA LUMPUR (Jan 30): The glove bears which shorted Top Glove Corp Bhd shares do not seem to have backed off that easily, despite the move initiated by some anonymous investors to get retail investors to buy more Top Glove shares in order to trap the short sellers in short squeeze positions.
When short sellers are short squeezed, they would be in losses as they have to cover their short positions when share prices are climbing, which is against their bet on a bearish market.
The latest data released by Bursa Malaysia shows that the regulated short selling volume on Top Glove was 2.516 million shares, worth RM16.68 million. For the holiday-shortened trading week, a total of 17.24 million shares worth RM110.23 million were shorted at the world’s largest rubber glove manufacturer.
Billionaires are fond of investing in sports franchises. This is because there is a lot of money in it and the income stream is pretty consistent. Authoritative wealth watch magazine, Forbes yesterday released its official list of the most valuable clubs in the world.
It also gave a summary of the business side of the football world which we found quite interesting.
Nairametrics did a thorough review of the list and highlighted the parts which we believe will resonate well with our readers. Let’s get to it!
Top 10 richest clubs in 2021 by value
Tottenham (2.3bn)
Tottenham hotspur comes in at the 10th position with a valuation of $2.3bn. The English club is owned by Joseph Lewis and Daniel Levy. They generated $494m last year.
[imagesource: Shutterstock]
The wealthy in Africa, as with other parts of the world, have managed to weather the pandemic just fine.
The continent boasts 18 US dollar billionaires, with an average worth of $4,1 billion, which amounts to a more than 12% increase from a year ago.
Forbes has rounded up the continent’s billionaires and ranked them from richest to, well, not as rich, but still pretty rich.
Leading the pack is Aliko Dangote of Nigeria, who has risen in wealth by $2 billion from last year’s list thanks to a roughly 30% rise in the share price of Dangote Cement.
Nassef Sawiris of Egypt comes in second, with South Africa’s Nicky Oppenheimer coming in third.