Berea Man Wins $50K on Platinum Jackpot Scratch-Off
BEREA, OH — What began as an ordinary day quickly turned extraordinary for Austin, a Berea resident who won $50,000 on a $500,000 Platinum Jackpot scratch-off ticket. Austin, who works as a…
US Treasury’s Adeyemo dismisses platinum coin to skirt debt ceiling
By David Lawder and Susan Heavey WASHINGTON (Reuters) – The U.S. Deputy Treasury Secretary on Monday dismissed the idea of minting a platinum coin as a way to avoid a U.S. default,…
Platinum facing biggest deficit in years as carmakers snap up metal
LONDON (Reuters) – Rising demand from automakers, industry and investors will push the global platinum market into its biggest deficit in years, three industry reports predicted on Monday. The reports underline an…
Factbox-U.S. debt ceiling standoff: Platinum coins, the 14th Amendment could be paths out
WASHINGTON (Reuters) – With Democratic President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy locked in a standoff over raising the United States’ $31.4 trillion debt ceiling, some observers have…
LVMH to buy French jewellery producer Platinum Invest to ramp up Tiffany production
PARIS (Reuters) – LVMH, the world’s largest luxury goods group, has agreed to buy a majority stake in Platinum Invest Group, the owner of French jewellery producers Orest and Abysse, with an…
Platinum deficit expected in 2023 after bumper surpluses, WPIC says
LONDON (Reuters) – The World Platinum Investment Council (WPIC) said on Tuesday it expected a deficit of the metal used in vehicle exhausts, industry and jewellery in 2023 after a hefty surplus…
Economic slump nudges down platinum and palladium forecasts – Reuters poll
By Eileen Soreng and Peter Hobson (Reuters) – Analysts and traders have downgraded their forecasts for platinum and palladium prices next year as a global economic slowdown reduces demand, according to a…
Platinum Partners Portfolio Manager Daniel Small Convicted of Defrauding Bondholders in a Multi-Million Dollar Scheme
Daniel Small, a former portfolio manager for Platinum Partners L.P. (Platinum), was convicted today by a federal jury in Brooklyn on charges of securities fraud and securities fraud conspiracy for his role…
Analysts slash platinum and palladium forecasts amid global slowdown: Reuters poll
By Ashitha Shivaprasad and Peter Hobson (Reuters) – Analysts and traders have sharply lowered their price forecasts for platinum and palladium as a global economic slowdown reduces demand, a Reuters poll showed…
Queen Elizabeth ‘humbled’ by Platinum Jubilee response
LONDON -Queen Elizabeth said on Sunday she had been “humbled and deeply touched” by the number of people coming out to celebrate her Platinum Jubilee at the conclusion of four days of…
Booze, burgers and bunting – UK supermarkets get Platinum Jubilee boost
LONDON – British supermarket groups are set to enjoy a mini-boost to trade as Britons put aside their cost of living worries for a few days and prepare to celebrate Queen Elizabeth’s…
Britain prepares to celebrate Queen Elizabeth’s Platinum Jubilee
By Michael Holden LONDON – Britain will mark Queen Elizabeth’s record-breaking 70 years on the throne this week with four days of celebrations, ranging from military parades and a church service to…
Russia risks speed up automakers’ switch from palladium to platinum, WPIC says
LONDON – Automakers are accelerating efforts to use less palladium and more platinum due to worries over palladium supply from Russia, the World Platinum Investment Council (WPIC) said on Monday, predicting a…
PLATINUM EQUITY PORTFOLIO COMPANY PARAMOUNT GLOBAL SURFACES ACQUIRES STONE SOURCE
Acquisition of National Tile and Stone Distributor Strengthens PGS Offering in Growing Commercial Flooring Market LOS ANGELES and MIAMI, April 1, 2022 — Platinum Equity portfolio company Paramount Global Surfaces (“PGS”) announced today…
Another platinum glut forecast for 2022 after huge surplus last year
By Peter Hobson LONDON – The global platinum market was hugely oversupplied in 2021, the World Platinum Investment Council (WPIC) said on Wednesday as it predicted another large surplus of the metal…
New Jersey pro-America rapper Loza Alexander’s “Let’s Go Brandon” goes platinum
When New Jersey rapper Loza Alexander saw his “Let’s Go Brandon” meme video featured on Fox News, he knew he had something going on. When former President Donald J. Trump’s son shared…
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