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
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
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
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
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
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
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
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…