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Money

Georges Elhedery: HSBC’s heir apparent

Financial Times | Nov 5, 2022 at 5:00 AM

…step up from his previous role as co-head of the investment bank and a clear signal he was ahead in the race for the…

Fidelity Investments Launching Commission-Free Retail Crypto Trading for Bitcoin and Ether

Bitcoin.com | Nov 5, 2022 at 3:00 AM

Fidelity Investments, one of the world’s largest brokerage firms with $9.9 trillion in assets under administration, is launching Fidelity Crypto, a service that allows retail investors to trade bitcoin and ether commission-free.

Shock turns to anger over India bridge collapse

Financial Times | Nov 5, 2022 at 2:00 AM

…find the culprits. But the inquiry will reveal nothing,” said Himanshu Rasikbhai, a bank er, as he watched search boats looking for bodies on the river….

Dark clouds overshadow opening of COP27 climate summit in Egypt

Financial Times | Nov 5, 2022 at 1:01 AM

…Countries must work out how to make good on existing pledges, including a promise by rich nations to deliver $100bn in climate finance annually by 2020 to developing countries….

Asian battery makers jeopardise raw materials access by delaying deals

Financial Times | Nov 5, 2022 at 1:01 AM

…their own battery and battery materials plants,” the official added. An Australian bank er who specialises in mining deals said Korean companies and lenders were being…

England’s rivers pay the price for hollowed-out Environment Agency

Financial Times | Nov 5, 2022 at 12:00 AM

…breach in March 2020 after a contractor excavated gravel from the river bank during the “closed” fishing season, despite explicitly being told it was forbidden…

MEXC and Coinbase Reach Partnership to Jointly Fulfil the Privacy and Security Obligations of…

Bitcoin.com | Nov 5, 2022 at 12:00 AM

It supports more than 160 cryptocurrency contract transactions, more than 1,600 cryptocurrency spot transactions, and more than 400 cryptocurrency ETF transactions.

Tim Draper Extends BTC Price Prediction by 6 Months — ‘By Mid-2023, I’m Expecting…

Bitcoin.com | Nov 4, 2022 at 11:00 PM

The American venture capitalist and founder of Draper Fisher Jurvetson (DFJ), Tim Draper, is still confident in his bitcoin prediction that says the crypto asset will tap $250K per unit.

MoviePass’ ‘unlimited’ ticket scheme was a fraud, US prosecutors allege

Financial Times | Nov 4, 2022 at 10:51 PM

…Matheson’s share price, prosecutors alleged, by making false claims about the technology behind the service which they said would yield valuable information on consumer…

Fed warns sharply higher interest rates could spark financial distress

Financial Times | Nov 4, 2022 at 10:16 PM

…corporate sector had quickened. However, the Fed noted leverage within the US bank ing system remained relatively low and large bank s were well capitalised to absorb…

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