The Grenfell Tower fire, which killed 72 people in June 2017, was the result of “an unedifying merry-go-round of buck passing” and “systematic dishonesty and greed”, a damning, 1,700-page final report on the disaster, published on Wednesday, has concluded. Inquiry chair Sir Martin Moore-Bick made a blistering public statement alongside…
Panel expected to call on several key figures in bid to prevent repeat of deadly crash north of Sao Paulo. Brazil’s Congress has announced the formation of a committee to oversee an investigation into a plane crash earlier this month that killed 62 people. Lower House Speaker Arthur Lira authorised…
Companies told to compensate families of the hundreds of children who were killed or badly injured after taking the medicine. An Indonesian court has ordered two companies that distributed a toxic cough syrup that killed more than 200 children to pay compensation to each family whose child died or was…
The company could be fined up to 6 percent of its total worldwide annual turnover if the findings are later confirmed. Elon Musk’s social media platform X is in breach of the European Union’s online content law, according to preliminary findings by regulators that could lead to hefty fines for…
The timing for when exchange-traded funds (ETFs) tied to the cryptocurrency ether can begin trading depends largely on how quickly issuers respond to the U.S. Securities and Exchange Commission’s queries, Chair Gary Gensler said on Wednesday. The SEC last month approved applications from Nasdaq, CBOE and NYSE to list spot…
The U.S. Securities and Exchange Commission (SEC) on Thursday approved applications from Nasdaq, CBOE and NYSE to list exchange-traded funds (ETFs) tied to the price of ether, potentially paving the way for the products to begin trading later this year. While the ETF issuers also have to get the green…
Reliance Industries and Walt Disney have sought antitrust clearance for their $8.5 billion India media merger by arguing their combined power, especially on cricket broadcasting, will not hit advertisers, two people with direct knowledge told Reuters. The deal, announced in February, has been expected by experts to face intense scrutiny…
Binance, the world’s largest cryptocurrency exchange, has registered with India’s Financial Intelligence Unit (FIU), a senior FIU official said on Friday, as the exchange seeks to resume operations in the country. The exchange was barred from operating in India in December for non-compliance with local regulations as part of the…
A Texas cryptocurrency company and an industry group sued the U.S. Securities and Exchange Commission on Wednesday, saying the regulator has overstepped its authority and asking a judge to rule that digital assets traded on exchanges are not securities. Fort Worth-based crypto company Lejilex and lobbying group Crypto Freedom Alliance…
India’s banking regulator doesn’t intend to impose drastic measures on the country’s fintech sector, a senior official said, weeks after it stunned investors by abruptly suspending much of the operations of Paytm Payments Bank, founded by high-flying billionaire Vijay Shekhar Sharma. There are “no harsher measures coming on fintech,” P….
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