A Scottish firm threatens to seize overseas assets of state-controlled Indian firmsFACED WITH recalcitrant sovereign counterparties, foreign investors and companies occasionally take drastic action. A picaresque example of the genre occurred in 2012, when Elliott Management, a buccaneering American hedge fund which held distressed Argentine bonds, seized a handsome tall ship belonging to Argentina’s navy.…
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Amazon (AMZN) has apparently clinched victory against a union drive at its warehouse in Alabama, The New York Times reported on Friday, noting that 1,608 votes had come in against the union and 696 in favor. While hundreds of votes haven't been counted, The Times noted that there were not enough votes to secure a…
Author Emily Segal raised $50,000 selling NFTs for a book she hasn't finished yet. Read More
From Gabby Giffords to the Black women fighting against police violence, women worked for this moment. Read More
Corporate tax rates are as controversial as ever. Read More
Airbus is up more than 2% in early trade, lifting the sector. Read More
The term implies a power and status that digital vaccine records simply don't have anywhere in the U.S. That's fuel for conspiratorial minds. Read More
Reading Time: 2 minutes One of South Africa’s oldest exchanges, Ice3x, has announced that it is closing down Ice3x had halted withdrawals weeks ago after finding a discrepancy in its BTC and LTC holdings The exchange abruptly halted withdrawals last month South African crypto exchange Ice3x announced this week that it is to shut its…
Reading Time: 2 minutes HSBC InvestDirect has apparently banned investors on its platform from buying shared in MicroStrategy due to its link with bitcoin In a message to a user, the bank called MicroStrategy a “virtual currency product”and said that further purchases were not allowed The FinCen Files leak in 2020 showed that HSBC allowed…
Reading Time: 2 minutes The Chinese government could take action against coal-powered Bitcoin mining farms A recent report claimed that Bitcoin mining operations could undermine the country’s new carbon footprint targets Some areas have already started taking action against crypto miners The Chinese government could take steps to limit the number of coal-powered Bitcoin mines…