Jacobs Financial Group, Inc. announced that it has completed the previously announced current interim financing totaling $1,000,000. The financing enabled the corporation to contribute $500,000 to its wholly owned subsidiary, First Surety Corporation (FSC), a domestic surety in West Virginia with inactive licenses in Ohio and Indiana, in anticipation of FSC’s filing its application with [...]

South Korea’s UBS Hana Asset Management, majority owned by the world’s largest wealth manager, said on Tuesday it will start a 260 billion won fund in December that will invest in a Madagascar nickel mine. South Korea’s government has decided to grant tax breaks to the fund, which will invest more than 70 percent of [...]

Three East Coast companies representing investors who loaned nearly $20 million to help develop the Bull Mountain coal mine near Roundup have filed suit claiming mine owners defaulted on the loan.
The suit names Bull Mountain Coal Properties Inc. and five companies affiliated with Airlie Opportunity Fund Cayman LTD, of Greenwich, Conn.
The action was filed Friday [...]

Bullfrog Power(TM), Ontario’s first 100% green electricity retailer, today announced the commissioning of two new wind turbines at the Sky Generation wind farm in Ferndale on the Bruce Peninsula. The new turbines, developed to meet the demand for clean, green electricity from Bullfrog Power customers, are now in operation, producing new clean power. Together, the [...]

Canadian stocks may fall, as oil and gas producers including Suncor Energy Inc. retreat alongside the price of crude oil.
Declines in the Standard & Poor’s/TSX Composite Index may be limited as financial companies such as Royal Bank of Canada may extend gains amid speculation the U.S. Federal Reserve may be close to ending its interest-rate [...]