According to blockchain analytics firm Elliptic, a defect in the largest marketplace for non-fungible tokens (NFTs), OpenSea, allowing customers to purchase at least $1.1 million worth of NFTs for substantially less than market pricing. An NFT is a type of… Read More ›
Strategy
Policies and trade tools will be overhauled to fight forced labor: USTR
In a statement U.S. Trade Representative’s office said it will conduct an inter-agency review of its trade tools and policies to fight forced labor in order to determine whether there are any gaps that need filling. The review, part of… Read More ›
Google cannot escape deceptive location tracking lawsuit: Arizona court
In a significant development affecting Alphabet Inc’s Google,a judge in Arizona has ruled, Google has deceived users with unclear smartphone location tracking settings; the court refused to toss out a lawsuit brought on by the state’s attorney general. Google had… Read More ›
US Qatar to discussion energy security on Jan 31
US President Joe Biden and Qatar’s ruling emir are set to hold negotiations at the White House on January 31, 2022 on a range of issues including global energy security, said the White House midst concerns about gas supplies to… Read More ›
Singapore, Indonesia sign extradition treaty, defense agreements
In a significant development, Singapore and Indonesia have signed a bilateral extradition agreement aimed at bringing to justice those who have been accused of stashing offshore billions of dollars in state money. The two countries also signed bilateral agreements covering… Read More ›
Temasek Holdings seeks to acquire controlling stake in Element Materials Technology for around $7 billion
Singapore’s Temasek Holdings has agreed to acquire Element Materials Technology for around $7 billion, in an attempt to boost growth in the testing and inspection services market, said two sources familiar with the matter at hand. State investor Temasek, which acquired… Read More ›
Panasonic will begin production of new lithium ion batteries for Tesla in 2023
In a report Japan’s Nikkei said, Panasonic will begin producing its new lithium-ion battery for Tesla from 2023 and plans to invest around $705 million (80 billion yen) in production facilities in Japan. Panasonic’s new lithium-ion batteries is likely to make electric… Read More ›
Cash strapped Shimao Group sells sake in Guangzhou Asian Games City to reduce debt
China’s Shimao Group, a property developer has joined smaller peer Agile Group to sell its stake in the Guangzhou complex to China Overseas Land & Investment, a state-owned partner in a move aimed at slashing its debt. Late on Monday, Shimao,… Read More ›
Zip Co Ltd in early talks to acquire rival Sezzle Inc for undisclosed amount
On Tuesday, in a statement Sezzle Inc said, it is in talks larger Australian rival Zip Co Ltd which aims to acquire it for an undisclosed amount. With the news reaching the market, shares of the buy-now-pay-later company soared by… Read More ›
WHO’s Tedros Says Conditions Globally Are Ideal For More Covid Variants To Emerge
The conditions are just right for the Covid-19 coronavirus to mutate into new versions, and it’s dangerous to think the pandemic is nearing its end, according to the WHO’s senior official. Director-General Tedros Adhanom Ghebreyesus told the WHO’s executive board… Read More ›