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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

4 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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Citigroup CEO Jane Fraser says it is ‘repacing’ dealmaker investments

Citigroup chief executive, Jane Fraser, said the bank is “repacing” investments within its dealmaking unit after expected revenue growth has not emerged. Fraser, speaking at the Goldman Sachs US financial conference, said […]

UK Supreme Court rules Northern Ireland protesters cannot interfere with abortion services – JURIST

The UK Supreme Court Wednesday ruled that Northern Ireland’s Abortion Services Bill does not infringe on protesters rights.The court reasoned that the citizens of Northern Ireland adopted the right to abortion through […]

DWS trawls more than two million documents as internal greenwashing probe nears end

German asset manager DWS has trawled through more than two million documents over the duration of an internal ESG probe that is nearly complete. The internal investigation, which began in October 2021, set […]

HSBC hires Robin Brown for mid-market M&A push

HSBC has hired a senior banker to focus on mid-market M&A deals, as large investment banks increasingly focus on smaller transactions amid a downturn in dealmaking. The bank has hired Robin Brown […]

Bank of America CEO says dealmaker fees down by up to 60% in fourth quarter

Bank of America chief executive, Brian Moynihan, said that investment banking fees at the bank will slide by up to 60% in the fourth quarter, capping a tough year for dealmakers, but expects […]

The Fintech Files: Kraken’s ‘savage’ layoffs, more trouble for crypto hedge funds

Staff at Kraken have become the latest victims of the crypto winter after the US-based exchange announced 1,100 job cuts. One staffer said: “I went to get a coffee, came back and […]

New Zealand Prime Minister delivers apology to Māori tribe for past violations of the Treaty of Waitangi – JURIST

New Zealand Prime Minister Jacinda Ardern Monday delivered an apology speech on behalf of the Crown to the Māori Tribe Ngāti Maniapoto for violations of the Treaty of Waitangi.Ardern stated:The Crown apologises […]

North Korea releases US soldier who crossed demilitarized zone 2 months ago – JURIST

North Korea expelled US soldier Travis King on Wednesday, 2 months after he crossed into its territory from South Korea. KCNA, North Korea’s state media, announced that North Korea expelled King after […]

South Korea court overturns North Korea leaflet ban – JURIST

The Constitutional Court of South Korea on Tuesday struck down a provision of the Law on the Development of Inter-Korean Relations which prohibits the distribution of leaflets in North Korea and imposes […]

Hong Kong court sentences journalist to 5 days in jail for obstructing police officer – JURIST

The West Kowloon Magistrates’ Court on Monday sentenced the head of the Hong Kong Journalists Association Ronson Chan to five days in jail, according to the Hong Kong Free Press (HKFP). As […]

Philippine Coast Guard removes floating barrier allegedly placed by China – JURIST