Regulators Are Coming for Rule-Breaking Crypto Founders Like Binance’s CZ
Changpeng “CZ” Zhao has become the latest in a long line of crypto founders facing potentially significant legal
2023-11-22 18:23
Rio Tinto Pays Fine to End SEC Probe Into Mozambique Coal Deal
Rio Tinto Group agreed to pay a $28 million fine to settle a six-year investigation by the US
2023-11-22 17:51
New Binance CEO Teng’s First Job Is to Avert Customer Exodus
Mollify 150 million potentially jittery users, placate belligerent US regulators and keep high-profile founder Changpeng Zhao onside. These
2023-11-22 14:46
Stock That Crashed 95% on Xi’s Edtech Crackdown Is Roaring Back
One of the biggest losers from Chinese President Xi Jinping’s crackdown on the private sector has turned into
2023-11-22 13:21
Broadcom $61 Billion VMWare Deal Wins Chinese Ok With Conditions
Broadcom Inc.’s $61 billion takeover of software maker VMware Inc. won approval from Chinese regulators, albeit with a
2023-11-21 23:45
Hong Kong Taxi Drivers Cancel Strike Over Uber’s Threat
Hong Kong taxi drivers have canceled an earlier plan to strike on Wednesday to protest the government’s unwillingness
2023-11-21 21:23
M&A Battle Fuels $500 Million Family Office’s Europe Deal Spree
Brian Souter built one of the world’s largest transport fortunes over the past four decades through Stagecoach, the
2023-11-21 16:23
China Wealth Fund’s Infrastructure Head Resigns in Latest Loss
China Investment Corp.’s head of infrastructure investment is leaving, adding to the talent loss at the $1.4 trillion
2023-11-21 14:21
Philippines Eyes Use of Digital Currency in Sovereign Bond Sales
The Philippines’ Bureau of the Treasury is looking to team up with the central bank to expand the
2023-11-21 14:20
Crypto Boosted by Possible End to US Criminal Probe of Binance
The prospect of a resolution of the US criminal investigation into Binance, crypto’s linchpin exchange, led to a
2023-11-21 13:54
Dubai’s First Privatization in a Year Sells Out in an Hour
Dubai Taxi Co.’s initial public offering of as much as 1.16 billion dirhams ($315 million) received enough orders
2023-11-21 13:47
Abu Dhabi’s $50 Billion Fund Sets Up Wealth Tech Firm With BNY
Lunate, the Abu Dhabi-based alternate investment fund with more than $50 billion of assets, is partnering with Bank
2023-11-21 13:26