U.S. SEC charges 11 individuals in $300 million crypto pyramid scheme
The Securities and Exchange Commission said on Monday it charged 11 people for their roles in creating and promoting a fraudulent crypto pyramid and Ponzi
Category: Business
Estee Lauder in talks to acquire Tom Ford brand – WSJ
Cosmetics maker Estee Lauder Cos Inc (EL.N) is in talks to acquire luxury brand Tom Ford in what could be a $3 billion deal, the
Global thematic funds see big outflows as growth stocks falter
Global thematic funds are facing heavy outflows this year as investors’ fascination fade with such assets, most of which are closely correlated with economic growth.
Americana adds HSBC to list of banks for Gulf dual listing
The Middle East and North Africa franchisee of fast-food restaurants KFC and Pizza Hut has added HSBC (HSBA.L) to its syndicate of advisers for its
Reliance Jio top spender in India’s $19 bln 5G spectrum auction
Reliance Industries’ (RELI.NS) Jio emerged as the biggest spender in India’s $19 billion 5G spectrum auction, with the top telco player winning airwaves worth $11
Recession fears creep into corporate America as growth slows
Several U.S. companies are expecting an economic downturn by the end of 2023, prompting their top executives to make recession a key topic of discussion
Russian central bank says economic downturn to deepen in Q3
Russia’s economic contraction will deepen in the third quarter of 2022, while its strong current account surplus, the key driver of the rouble’s recent rebound,