Binance hits back again! Exchange expresses disappointment over ‘unreasonable’ SEC June 5, 2023 Binance has fired a second volley at the Securities and Exchange Commission which issued legal papers to the exchange earlier today.
Succession: CMA would block a Waystar merger just like Microsoft – and it hurts Britain June 2, 2023 No spoilers, I promise. Succession builds towards its climax. Logan Roy, played by a full tilt Brian Cox, is trying to finalise a merger between his media conglomerate Waystar Royco – a hybrid of News Corporation and Disney – and the up and coming tech business GoJo. Imagine the final scenes. Months of globe-trotting negotiations [...]
More than a year after Russia’s invasion of Ukraine some firms still can’t – or won’t – quit Moscow May 25, 2023 Some global companies are still operating in Russia more than a year on from the country’s invasion of Ukraine. Firms were quick to respond to the full-scale war, which broke out last February, with some saying they would quit Russia immediately and others curtailing imports or new investment. Billions of pounds of factories, energy holdings [...]
Ed Warner: Football should offer players amnesty in wake of Ivan Toney betting ban May 25, 2023 This week Ed Warner examines what Ivan Toney’s betting ban means for football, the eye-watering cost of tickets for the Paris 2024 Olympics, and a nuanced take on the trans debate in sport. If you stick a betting company logo on a young man’s shirt, beam his image around the world for 90 minutes every [...]
Deutsche Bank to pay $75m to settle lawsuit by Jeffrey Epstein accusers May 18, 2023 Deutsche Bank has agreed to pay $75m to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein, and accused the German bank of facilitating his sex trafficking. The accord resolves claims in a proposed class action in Manhattan federal court by Epstein’s accusers, and was confirmed by their [...]
Ministers don’t seem to want a competitive tech sector, just a feel-good hill to die on May 18, 2023 If you were hoping for legislative proposals, which, at the very least, are honest in what they think of themselves, last week’s paper released by the government entitled “smarter regulation”, was as lacking in humility as it was in political nous. If you think about smart motorways and smart meters and all the other things [...]
Bitcoin and Ethereum trading sideways in line with stock markets May 16, 2023 It’s been a quiet day in the markets as both Bitcoin and Ethereum continue to hover at similar prices to yesterday.
A CEO-style figure managing Whitehall would make achieving real reform possible May 16, 2023 Our ministers can't enact reform because they're often blocked by an outdated Whitehall system. We should improve it with a CEO-style figure who would manage departments effectively, writes Tim Knox
Explainer: After the political spats with Italy and the UK, what is France’s strategy on migration? May 12, 2023 Who loves a diplomatic row? Surely France, especially when it comes to migration. After endless squabbles with the UK over pretty much everything related to the Channel, Emmanuel Macron’s government has just finished having a punchy exchange with the Italian right-wing government of Giorgia Meloni. The drama started unfolding last week. The French interior minister [...]
The pomp and spectacle of the Coronation is a display of our soft power to the world May 9, 2023 Major events like the Coronation create unity at home and boost our soft power abroad - and so does our monarchy, with its strong link with the City of London, writes Nicholas Lyons