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Month: December 2021

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U.S. SEC mandates foreign companies spell out ownership structure, disclose auditing certifications
Posted by: Posted on 3 December 2021

U.S. SEC mandates foreign companies spell out ownership structure, disclose auditing certifications

U.S.-listed foreign companies must now disclose whether they are owned or controlled by a governmental entity, and must provide clarifying evidence of their auditing inspections…

Spotlight Middle East and Africa: In Conversation Live From Dubai Series Part Six of Seven | The Fintech Times
Posted by: Posted on 3 December 2021

Spotlight Middle East and Africa: In Conversation Live From Dubai Series Part Six of Seven | The Fintech Times

This is part six of seven fintech Spotlight Middle East and Africa special series with First Abu Dhabi Bank (FAB) and Western Union

Hut 8 Sticks to Its ‘Hodl’ Strategy After Mining 265 Bitcoins in November
Posted by: Posted on 3 December 2021

Hut 8 Sticks to Its ‘Hodl’ Strategy After Mining 265 Bitcoins in November

The Canadian miner now holds a total of 5,242 bitcoins in its reserve.

UPDATE 1-Sterling gains on broadly struggling dollar; central bank eyed
Posted by: Posted on 3 December 2021

UPDATE 1-Sterling gains on broadly struggling dollar; central bank eyed

Sterling firmed on Thursday as the discovery of the first case of the Omicron variant in the United States weighed on the dollar overnight, but…

UPDATE 1-Fed’s Quarles says regulatory overkill could stifle stablecoin innovation
Posted by: Posted on 3 December 2021

UPDATE 1-Fed’s Quarles says regulatory overkill could stifle stablecoin innovation

Randal Quarles, the former regulatory chief of the Federal Reserve, said on Thursday that U.S. regulators may “unnecessarily” hamper innovation around so-called stablecoins if they…

Apple stock slides amid fears of slowing iPhone demand
Posted by: Posted on 3 December 2021

Apple stock slides amid fears of slowing iPhone demand

Apple shares opened lower on Thursday over concerns of upcoming demand for its iPhone. The tech giant reportedly told suppliers pent up orders may not…

FAST Acquisition refuses to terminate SPAC merger with Fertitta Entertainment
Posted by: Posted on 3 December 2021

FAST Acquisition refuses to terminate SPAC merger with Fertitta Entertainment

FAST Acquisition Corp, a blank-check firm, refused to end its merger with Fertitta Entertainment, owned by billionaire Tilman Fertitta, saying the termination initiated by Fertitta…

Why Medtronic’s CEO hasn’t raised prices amid inflation
Posted by: Posted on 3 December 2021

Why Medtronic’s CEO hasn’t raised prices amid inflation

In a recent interview, Medtronic CEO Geoff Martha acknowledged the likelihood of ongoing inflation but said the company has avoided price increases due to relatively…

House lawmakers strike deal on funding bill to avoid shutdown
Posted by: Posted on 3 December 2021

House lawmakers strike deal on funding bill to avoid shutdown

Markets are ‘switching gears’ in assessing the Omicron threat: Strategist
Posted by: Posted on 3 December 2021

Markets are ‘switching gears’ in assessing the Omicron threat: Strategist

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