
Toyota Announces $400M Plant in Karnataka, Expanding Indian Market Presence
Nov 22, 2023 03:08 am UTC| Business
Toyota, the renowned automotive manufacturer, is all set to further strengthen its presence in Karnataka, India. The company recently announced its plans to establish a new manufacturing plant in the state, with an...

Volkswagen Opens First Self-Owned EV Battery Plant in China's Thriving Market
Nov 22, 2023 02:09 am UTC| Business Technology
To boost its presence in the worlds largest electric vehicle (EV) market, Volkswagen has commenced operations at its first fully-owned battery pack plant in China. This facility is pivotal in Volkswagens ambitious plans to...

Bittrex Global Announces US Shutdown, Urges Crypto Withdrawals by December
Nov 21, 2023 10:35 am UTC| Business Investing Digital Currency
Bittrex Global revealed it will stop all of its trading services as it will soon be shutting down its business operations in the United States. The crypto exchange is now asking customers to withdraw their digital...

Tether, OKX Join Forces to Hold $225M Funds Linked to Human Trafficking
Nov 21, 2023 10:04 am UTC| Business Digital Currency Investing
Tether and OKX have joined forces to help the U.S. Department of Justice (DOJ) with its crackdown on the misuse of cryptocurrency. The two major crypto firms confirmed they have frozen illicit funds that are suspected to...

Binance Nears $4 Billion Deal with US Justice Dept, Aims for Compliance
Nov 21, 2023 09:59 am UTC| Business Digital Currency Law
The US Justice Department is reportedly on the verge of reaching a settlement agreement with leading cryptocurrency exchange Binance. The deal is rumored to be worth a staggering $4 billion, Cointelegraph reported that...

Toyota Motor Accused of Lending and Credit Reporting Malpractice, Ordered to Pay $60M
Nov 21, 2023 09:45 am UTC| Business
Toyota Motors financial service subsidiary has been slapped with a $60 million fine for alleged illegal lending and credit reporting misconduct. The Consumer Financial Protection Bureau (CFPB) said on Monday, Nov. 20, that...

US SEC Files Lawsuit Against Kraken for Operating Unregistered Crypto Trading Platform
Nov 21, 2023 09:41 am UTC| Business Digital Currency Law
The U.S. Securities and Exchange Commission (SEC) has sued the popular cryptocurrency exchange, Kraken, accusing the platform of violating securities laws. This legal action comes as regulators continue to scrutinize the...