Binance’s US unit is relaunching its bid to buy bankrupt lending platform Voyager Digital, according to Coindesk, citing a person familiar with the matter. The report comes just days after FTX, which was set to acquire Voyager’s assets after signing… Read More ›
Day: November 17, 2022
Following November 24 Meeting, EU To Propose A Natural Gas Price Cap
The European Commission intends to propose a natural gas price cap after November 24, as part of its efforts to contain an energy crisis caused by Russia’s invasion of Ukraine, the EU’s energy policy chief told Reuters on Wednesday. The… Read More ›
Britain Lowers Bank Tax Rates To Encourage Insurers To Invest In The Economy
Britain announced new plans on Thursday to help it become the world’s most competitive financial center, including easing capital rules for insurers, lowering a tax rate for banks, and promising to review all European Union financial rules. After leaving the… Read More ›
Target’s Holiday Projections Is Hampered By ‘Stressed’ Consumers, Stock Is Down 17%
US Retailer Target Corp forecasted a surprise drop in holiday-quarter sales, blaming rising inflation and “dramatic changes” in consumer spending for a drop in demand for everything from toys to electronics. Shares of the big-box retailer fell more than 17% in… Read More ›