In a joint statement, securities, banking and insurance watchdogs of the European Union said, consumers risk losing all their money invested in cryptoassets. “Consumers face the very real possibility of losing all their invested money if they buy these assets,”… Read More ›
On Saturday, Russian news agency RIA quoted Dmitry Medvedev, deputy head of the security council, as saying Moscow will respond to the seizure of funds owned by Russian companies and citizens abroad by seizing funds of foreigners and foreign companies… Read More ›
According to research firm Baker & McKenzie, if Boris Johnson’s government fails to secure a post-Brexit trade deal with the European Union along with the impact the coronavirus is having on the British economy, their combined cost to the United… Read More ›
On Monday, shares of Standard Chartered’s and HSBC in Hong Kong fell vertically following media reports that the two banks along with other banks transferred large sums of allegedly illicit funds for nearly two decades despite the transfers being red… Read More ›
The French government aims to raise sufficient money for a new innovation fund for investing in next generation technologies. On Thursday, in a significant development, French lawmakers have adopted a bill that aims to kickstart a wave of privatizations, including… Read More ›
Basel rules were created so as to avoid a scenario wherein taxpayer’s money is used to bail banks in case of a financial crisis. On Wednesday, financial regulators warned, top international banks will collectively require $34 billion (30 billion euros)… Read More ›
Richard Harrington, Britain’s junior business minister expects parliament to take charge in the event of a cliff hanger Brexit. Britain’s junior business minister Richard Harrington stated, the Bank of England may have to step in to pump in money into… Read More ›
Sri Lanka is struggling to repay its foreign debt which is at a record $5.9 billion. The current amount of $300 million can be expanded to $1 billion. On Tuesday, in a move that deepens China’s grip on the island… Read More ›
There are a growing number of instances where Chinese companies are luring top executives with large sums of money to leak and sell corporate and industrial secrets so that they can set up base in China. Former and past BASF… Read More ›
Best designers and engineers control the process of their manufacturing. They combine the symbolism of ancient cultures and space-like innovations. And at the same time, we encounter them every day. We exchange them, rumple them… These are banknotes, and it… Read More ›
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