Category: Ban
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X names Brazil legal representative as it fights ban in the country By Reuters
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BRASILIA (Reuters) – Elon Musk’s social media company X has appointed a legal representative in Brazil, lawyers for the company said on Friday, a move that would address one of the demands imposed by Brazil’s Supreme Court to allow the company to operate in the country. Andre Zonaro and Sergio…
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Changpeng Zhao Receives Lifetime Ban From Binance
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Image: beincrypto.com The cryptocurrency industry has seen its fair share of drama, but the story surrounding Changpeng Zhao, the former CEO of the world’s largest cryptocurrency exchange, Binance, stands out as one of the most dramatic in recent memory. Zhao’s meteoric rise to fame, followed by his sudden and unceremonious…
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Changpeng Zhao Receives Lifetime Ban From Binance
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Image: beincrypto.com The cryptocurrency industry has seen its fair share of drama, but the story surrounding Changpeng Zhao, the former CEO of the world’s largest cryptocurrency exchange, Binance, stands out as one of the most dramatic in recent memory. Zhao’s meteoric rise to fame, followed by his sudden and unceremonious…
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Federal judge derails FTC’s sweeping ban on non-compete agreements
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A federal court in Texas has blocked a new rule from the Federal Trade Commission that states: It would have made it easier. Employees may leave their jobs and work for a competing company. In a ruling issued Tuesday, U.S. District Judge Ada Brown granted a motion for summary judgment…
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China’s Burgeoning Chicken Feet Market at Risk From Brazil Ban
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Breadcrumbs Path Links PMN Business Chicken feet are a common food on dim sum menus and a popular street snack, but the high prices of chicken feet threaten to put them out of reach for many Chinese consumers. Article author: Published on July 24, 2024 • Read for 3 minutes…
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Labour faces legal quandary over proposed North Sea licence ban
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The Labour government faces a major legal challenge over its commitment to an immediate ban on new oil and gas exploration licences in the North Sea amid an ongoing licensing round. After Labour secured power with a decisive election victory last week, its promise to halt new exploration licences in…
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US urges dismissal of lawsuit seeking menthol cigarette ban By Reuters
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Written by Jonathan Stemple (Reuters) – The Biden administration has asked a federal judge to dismiss a lawsuit brought by anti-smoking groups demanding an end to a nearly year-long delay and ban on menthol cigarettes, which are disproportionately used by Black people and young people. In a court filing Thursday…
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Treasury proposes ban on many investments in Chinese semiconductor production
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The United States is determined to dominate semiconductors and not let China catch up. Proposed new rules restrict US investment in key sectors The rules prohibit certain investments in advanced design, automation, manufacturing and packaging tools Quantum computers and artificial intelligence have also been targeted Proposes notification requirements for all…
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Treasury proposes ban on many investments in Chinese semiconductor production
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The United States is determined to dominate semiconductors and not let China catch up. Proposed new rules restrict US investment in key sectors The rules prohibit certain investments in advanced design, automation, manufacturing and packaging tools Quantum computers and artificial intelligence have also been targeted Proposes notification requirements for all…
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Appeals court to hear challenges to potential US TikTok ban on Sept. 16 By Reuters
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Written by David Shepardson WASHINGTON (Reuters) – A U.S. appeals court said on Monday it will hold oral arguments on Sept. 16 on legal challenges to a new law requiring China-based ByteDance to divest TikTok’s U.S. assets by Jan. 19 or face a ban. On May 14, a group of…
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Bump Stock Ban Tossed Out by Supreme Court in Gun-Rights Win
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Breadcrumb links PMN works A divided U.S. Supreme Court has dealt a new blow to gun regulation efforts by striking down a federal ban on firearms, accessories that allow a semi-automatic rifle to fire at a speed that rivals a machine gun. Article writer: Posted on June 14, 2024 •…
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Migrant arrests drop at US-Mexico border as Biden asylum ban rolls out By Reuters
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Written by Ted Hesson WASHINGTON (Reuters) – The number of migrants apprehended crossing the U.S.-Mexico border illegally fell on Friday, a senior U.S. border official told Reuters, saying it suggested the Biden administration’s new restrictive policy was deterring some illegal immigration. The U.S. Border Patrol arrested about 3,100 people who…
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US lawmakers call to add China’s CATL, Gotion to import ban list, WSJ reports By Reuters
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(Reuters) – A group of Republican lawmakers said Chinese battery companies CATL and Gotion High Tech should immediately be added to a U.S. import ban list, alleging their supply chains use forced labor, the Wall Street Journal reported. Lawmakers called for CATL and Gotion, which have ties to Ford (NYSE:)…
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UK Bank to ban customers from performing crypto transactions starting May 30
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Starting May 30, UK digital bank Kroo will ban its customers from making cryptocurrency transactions. Kroo, a London-based digital bank, announced that it will no longer allow its customers to conduct cryptocurrency transactions. This decision comes in response to the increasing number of online fraud and cryptocurrency-related scams. According to…
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UK Bank to ban customers from performing crypto transactions starting May 30
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Starting May 30, UK digital bank Kroo will ban its customers from making cryptocurrency transactions. Kroo, a London-based digital bank, announced that it will no longer allow its customers to conduct cryptocurrency transactions. This decision comes in response to the increasing number of online fraud and cryptocurrency-related scams. According to…
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Vermont governor stings bee supporters by vetoing ban on widely used pesticide
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Republican Vermont Gov. Phil Scott has vetoed a bill that would severely restrict a type of pesticide that is toxic to bees and other pollinators, saying the legislation is “more anti-farmer than pro-pollinator.” The bill would have banned the use of neonicotinoids – commonly called “Neonics” – as well as…
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US, TikTok seek fast-track schedule, ruling by Dec. 6 on potential ban By Reuters
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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some or all of your investment amount, and may not be suitable for all investors. Cryptocurrency prices are highly volatile and may be affected by external factors such as financial, regulatory or political events.…
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TikTok, ByteDance sue to block US law seeking sale or ban of app By Reuters
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Written by David Shepardson WASHINGTON (Reuters) – TikTok and its Chinese parent company ByteDance said on Tuesday they had filed suit in a U.S. federal court seeking to block a law signed by President Joe Biden that would force the short-video app used by 170 million Americans to be withdrawn…
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Banks face fresh hit from parastatals’ idle cash ban
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Parastatals in Kenya have been banned from holding idle funds in bank accounts under a new public finance reform plan that seeks to promote transparency and efficiency in the use of public resources. Treasury Minister Njuguna Ndung’u revealed that the Treasury has officially adopted a hybrid single-account model whereby ministries…