MGX's $2 Billion Investment in Binance Signals New Era for Institutional Investment
Apr 01, 2025 14:48 pm UTC| Digital Currency Business
The cryptocurrency industry has reached a pivotal moment as Abu Dhabi-based MGX announced a landmark $2 billion investment in Binance, the worlds largest cryptocurrency exchange by trading volume. This strategic investment...

Apr 01, 2025 14:47 pm UTC| Business
The online gambling scene has been completely transformed by the rise of crypto casinos. With their promise of enhanced privacy, security, and ultra-fast payouts, its no wonder more playersespecially those from the US and...

Xiaomi SU7 EV Crash Sparks Safety Concerns, Shares Drop Over 4%
Apr 01, 2025 14:00 pm UTC| Business
Xiaomi Corp. (OTC:XIACF), a prominent player in the tech and electric vehicle market, confirmed that one of its SU7 electric vehicles was involved in a fatal crash on a Chinese expressway. The incident reportedly resulted...

Tesla Sales Plunge in France and Sweden Amid Political Backlash and Rising Competition
Apr 01, 2025 14:00 pm UTC| Business
Tesla (NASDAQ: TSLA) reported a sharp decline in vehicle sales in France and Sweden for the third consecutive month in March, marking its weakest first-quarter performance in both countries since 2021. In France, Tesla...

CK Hutchison Shares Rise Ahead of Panama Ports Sale to BlackRock-Led Group
Apr 01, 2025 13:59 pm UTC| Business
Shares of Hong Kong-based conglomerate CK Hutchison rose 1% on Tuesday, driven by investor optimism ahead of the companys expected deal to sell its Panama port assets to a BlackRock-led consortium. The agreement is...

Elon Musk to Respond to SEC Twitter Lawsuit by June 6
Apr 01, 2025 13:59 pm UTC| Law Business
Elon Musk has agreed to respond to the U.S. Securities and Exchange Commissions (SEC) lawsuit regarding his delayed disclosure of a major Twitter stake by June 6, according to a joint court filing on Monday. The SEC sued...

Apr 01, 2025 06:37 am UTC| Business
On 12 March, the Bureau of Economic Security (abbreviated - BES) announced that it was requesting a special investigation into the case of the owner of IBOX Bank. On 13 March, Judge Volodymyr Marmash will consider this...