Financial news

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

5 years by Daniel Williams

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Uncategorized

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

5 years by Daniel Williams

2 Comments

Uncategorized

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

4 years by Daniel Williams

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Sam Bankman-Fried’s pledges for billions to stop future wars and pandemics in tatters on FTX’s collapse

Sam Bankman-Fried said he wanted to prevent nuclear war and stop future pandemics. And he publicly pledged to use his vast and growing wealth to do so. But the collapse of Bankman-Fried’s firm, […]

Russian parliament passes law banning “LGBTQ propaganda” – JURIST

The Russian State Duma Thursday approved a bill prohibiting “LGBTQ propaganda.” The bill passed the Russian Federal Assembly’s lower house in a unanimous roll-call of 397 votes to zero. The legislation will […]

Former British soldier convicted of manslaughter for 1988 Northern Ireland killing – JURIST

A Northern Ireland court Friday found David Holden, a former British soldier, guilty of the 1988 manslaughter of Aidan McAnespie. McAnespie was shot in the back at an army border checkpoint in […]

Bahamas bear the brunt of FTX’s brutal collapse

NASSAU, Bahamas — Last year, an FTX executive walked into a bank office here and put $4.5m of the company’s money behind an ambitious plan to buy an oceanside parcel of land […]

HSBC poaches ex-FCA comms boss Tom Willetts for private banking role

Former Financial Conduct Authority communications director Tom Willetts is joining HSBC as global head of communications for private banking and wealth, according to two sources familiar with the move. Financial News first […]

British Columbia introduces amendment to seize property of persons suspected of crime – JURIST

David Eby, premier of the Canadian province of British Columbia, announced an amendment to the 2013 Community Safety Act Tuesday to expand the province’s authority to seize assets amassed by suspected criminals. […]

Litigation funder Harbour targets $400m war chest to invest in legal cases

Harbour Litigation Funding is gearing up to raise a new $400m fund to invest in legal cases. The litigation finance firm has backed cases against financial services giants such as The Royal […]

Tanzania villagers sue Barrick Gold in Canada court for mining abuses – JURIST

A group of Tanzanian villagers Wednesday filed legal action with the Ontario Superior Court of Justice against the mining company Barrick Gold for a number of human rights violations at its North […]

Сryptocurrencies

Paycoin Brings Crypto Payments to Korea

Paycoin, a crypto payments company that has successfully introduced crypto payment services to more than three million users and 150,000 merchants in Korea. This has kickstarted its expansion into the global crypto […]

Listen back: FN in conversation with veteran dealmaker Malik Karim

On 17 November, Financial News caught up with former Conservative Party treasurer and veteran City dealmaker Malik Karim. We talked about what he’s learned in more than 30 years at the top […]

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