Financial news

Capitalism is having an identity crisis – but it is still the best system

5 years by Daniel Williams

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The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers

5 years by Daniel Williams

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Electric Truckmaker Rivian, Backed By Amazon, Ford, Raises Whopping $1.3 Billion

4 years by Daniel Williams

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Charlotte Crosswell appointed chair of government-backed fintech body CFIT

City grandee Charlotte Crosswell OBE has been appointed chair of the government-backed Centre for Finance, Innovation and Technology. Crosswell will take post as the fintech body’s first chair in January, stepping down […]

ECHR rules Armenia violated duty to prevent a soldier’s suicide – JURIST

The European Court of Human Rights (ECHR) on Tuesday held that Armenia violated its duty to prevent a soldier from taking his own life.The case centered on the 2010 suicide death of […]

Ukraine President Zelensky open to peace talks with Moscow if rule of law is respected – JURIST

Ukrainian President Volodymyr Zelensky has signaled a willingness to engage with Russia in peace talks, so long as they are framed by core tenets of human rights and fundamental freedoms.Zelensky said in […]

Binance says it will buy FTX in crypto mega-deal

Crypto exchange Binance said on 8 November that it had signed a letter of intent to acquire rival FTX Trading, which it said was facing a liquidity crunch. FTX said it agreed […]

Carlyle’s net income slumps 47% as market turmoil bites

Carlyle Group reported 8 November that its third-quarter net income declined as a slump in publicly traded stocks hit the value of its private equity holdings. The Washington-based asset manager posted net […]

Ex-Deutsche Bank dealmaker Melanie Saluja joins Numis after 10-year break from banking

Numis has hired a senior dealmaker to bolster its investment bank in London, around a decade after she left the industry. The investment bank, which has traditionally focused on the City of […]

Australia law firm files class action against Star Casino for securities violations – JURIST

Australian law firm Maurice Blackburn Lawyers filed a class action for shareholders of the Star Entertainment Group (Star Casino). The class action alleges Star Casino engaged in misleading and deceptive condition, breached […]

Standard Chartered’s crypto firm plots Abu Dhabi outpost in 2023

Standard Chartered’s crypto spinoff Zodia Markets is planning to expand into Abu Dhabi next year, making the emirate its first outpost in the Middle East and Africa as it targets growth across […]

NGO takes legal action against Italy for prohibiting migrants from disembarking rescue ship – JURIST

SOS Humanity, a charitable search and rescue organization, Monday announced that it is taking legal action against the Italian government for failing to allow 35 migrants aboard an SOS Humanity rescue vessel […]

Ukraine authorities accuse four appellate judges of bribery – JURIST

The National Anti-Corruption Bureau of Ukraine (NABU) and Specialised Anti-Corruption Prosecutor’s Office accused on Thursday four judges from the Kyiv Court of Appeal of graft totaling $35,000. According to NABU, the payment occurred […]

Kenya High Court declares housing levy unconstitutional – JURIST

Kenya’s High Court declared on Tuesday that a 1.5 percent levy, introduced in an earlier bill to fund affordable housing, violated constitutional principles. The levy was a provision of the Finance Act […]

Niger junta revokes law which restricted migrant smuggling routes to Europe – JURIST

Niger’s junta issued a decree Monday revoking a law which had helped curb migration of West Africans to Europe. The law had been backed by the EU but faced strong opposition from […]

UN report reveals surge in violence in Haiti rural central region – JURIST