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Canada At A Crossroads: Leadership Transition As Trudeau To Resign 01/07/2025

UK Government Cracks Down On Deepfake Technology With New Criminal Offenses To Protect Women And Girls 01/07/2025

U.S. Federal Reserve Shifts Focus To Stabilization Amid Economic Uncertainty 01/08/2025

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Business & Finance

Amazon fined over €1B in Italy

Italy's antitrust agency has fined online retailer Amazon €1,128 million for "abuse of a dominant market position", the Authority for Competition and Market Protection (AGCM) said in a statement. According to the watchdog, the shop took advantage of a "position of absolute dominance in the Italian...

US DOJ suspects Deutsche Bank of violating deal with prosecutors

The US Justice Department has notified Deutsche Bank that it may have breached the terms of the pre-trial agreement by failing to report problems with ESG investing in its asset management arm, DWS. Reporting the problems was one of the bank's obligations under the deal with prosecutors. The US...

Proposed India Bill Prohibiting Crypto Payments Might Result In Jail Time For Violators –Reports

A planned legislation by the Indian government that would prohibit the use of cryptocurrencies as a form of payment will also expose people who violate the law to arrest without a warrant and detention without bail, according to reports quoting sources and a description of the legislation as...

Over half of US bitcoin investors enter the market in 2021

Over half of US Bitcoin investors entered the market in 2021, when the cryptocurrency's price rose 70%. 37% see Bitcoin as a short-term investment with which to make "quick money". More than half of current Bitcoin investors in the US have entered the market in the past 12 months, according to a...

Didi to delist after worst result for Chinese companies on US exchanges

Chinese taxi service Didi has officially announced that it will delist from the New York Stock Exchange. Facing pressure from Beijing, the company is walking away with the worst result for Chinese companies IPOs in the US. Chinese taxi service Didi has officially announced that it will delist from...

Tesla advocates waiving duties on graphite imports from China to the US

Elon Musk's Tesla and SK Innovation, the world's largest car battery maker, have requested the US Trade Representative (USTR) for an exemption from customs taxes for importing graphite into the US. According to CNBC, the substance is essential for the creation of lithium-ion batteries for electric...

Ford And GM Set To Race For The Third Spot In The Global ' In Electric Vehicle Market

The century-old battle between General Motors and Ford Motor Company is heating up again, this time over who will sell more electric vehicles by 2025. GM and Ford, on the other hand, are vying for third place at best, with Tesla firmly established as the worldwide EV leader and the...

Indian Ride-Hailing Giant Ola Planning For IPO In First Half Of 2022

Ola, an Indian ride-hailing business, said on Thursday that it wants to go public in the first half of 2022, despite recent market turbulence and the dismal listing of several start-ups in the country, said the company’s Chief Executive Officer Bhavish Aggarwal on Thursday. Ola, backed by...

Preparations Being Made By Global Airlines For Industry Volatility Related To Omicron Variant

Airlines across the world are prepared for a new wave of volatility in the industry as a result of the Omicron variant of Covid-19, which according to analysts, could compel them to change flight schedules and destinations on international routes at short notice and rely more on local markets for...

Twitter’s Technology Chief Parag Agrawal Steps Into The Shoes Of CEO Jack Dorsey

Twitter Inc’s Chief Technology Officer Parag Agrawal will step into the shoes of the co-founder and Chief Executive Officer Jack Dorsey following stepping down form the post on Monday, according to the social networking site. Even if investors were sceptical, the hiring of Agrawal, a...