Category: battle
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Coinbase To Battle Customers Lawsuit Over Illegal Securities Sales- Details
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Coinbase is scheduled to face a collective encryption by some customers on the accusations of selling securities as an unregistered merchant mediator. This last development comes amid the resumption of the representative stock exchange in a continuous case with the US Securities and Stock Exchange Committee (SEC). The judge rules…
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Trump Seizes Wartime Powers in Battle for More Fossil Fuels
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Breadcrumb links BMN Business President Donald Trump’s declaration of an energy emergency opens the door to sweeping Cold War-era powers and little-known powers to speed up pipelines, expand power grids and bail out struggling coal plants. Article writer: Bloomberg News Jennifer A. Dlohi and Ari Natter Posted on January 26,…
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Vodafone faces £120 million franchisee legal battle over alleged ‘bad faith’ business practices
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Vodafone is facing a legal claim worth more than £120 million brought by 61 current and former UK franchisees, representing one of the largest franchise-related claims against a major British company. The group of claimants, who are several long-standing and loyal franchise partners who started their careers with Vodafone, allege…
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SEC Loses Battle Over Crypto Broker Regulation
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In recent months, the Securities and Exchange Commission (SEC) headed by Gary Gensler has come under fire for its “regulation by enforcement” policy, and many are searching for clarity on the matter. encryption rules. Today, the cryptocurrency industry moved a few steps toward clarity when a federal judge in Texas…
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Loose Women’s Kaye Adams prevails in ten-year battle with HMRC over IR35 tax dispute
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Kay Adams, presenter of ITV’s Lose Women, has won a decade-long dispute with HM Revenue & Customs (HMRC) over her employment status. After several court victories, HMRC announced it would not appeal against Adams’ latest win, ending a case that had highlighted significant criticism of the tax body’s approach to…
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A New Battle Brews Over Digital Euro Control
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Digital transformation is the way forward, and the European Central Bank has found the key: a digital euro. In development since 2021, the planned digital euro will help accelerate the region’s shift toward more secure and convenient online payments. As with cash, the ECB envisions its digital currency as widely…
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You’re not ‘working people’, Keir Starmer tells landlords & shareholders as PM draws battle lines signalling major tax hikes in Budget
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Prime Minister Sir Keir Starmer has sparked controversy by suggesting landlords and shareholders do not fall under his definition of “workers” as Labor prepares for one of the biggest tax rises in modern history. As Chancellor Rachel Reeves prepares to unveil her first Budget next week, the government is expected…
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Women battle efforts to sideline them from health care and the AI revolution
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Day 3 of luckThe World’s Most Powerful Women Summit featured a group of female entrepreneurs and other powerful business owners breaking through the obstacles women face at work and at home, as well as the challenges of being a young adult. With more teenage girls experimenting with their looks after…
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Women battle efforts to sideline them from health care and the AI revolution
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Day 3 of luckThe World’s Most Powerful Women Summit featured a group of female entrepreneurs and other powerful business owners breaking through the obstacles women face at work and at home, as well as the challenges of being a young adult. With more teenage girls experimenting with their looks after…
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Israel Under Fire From Hezbollah as Cross-Border Battle Worsens
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Breadcrumb links BMN Business Israel said a new barrage of missiles was fired from Lebanon a day after a Hezbollah drone strike killed four soldiers, as cross-border fighting intensified between the two sides. Article writer: Bloomberg News Dan Williams and Marissa Newman Posted on October 14, 2024 • 4 minutes…
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Ripple Vs. SEC Battle Far From Over As Regulator Opposes Court’s Decision
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This article is also available in Spanish. the lawsuit The relationship between Ripple and the US Securities and Exchange Commission (SEC) has not actually ended, as new reports indicate. The regulator is likely to oppose the court’s decision appeared. If the SEC decides to move forward with the appeal, Ripple…
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How Kirubi group exit sparked Old Mutual shareholder battle
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Three Kenyan billionaires – James Mogiye, the late Chris Kirby and Joe Wangui – have controlled UAP Holdings for years, which has paid them huge dividends from years of consistent profitability. The money tycoons also made billions of dollars from calculated stock sales that left a bad taste in the…
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Ripple Seeks To Pause Fines As Legal Battle With The US SEC Continues
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In a major turn of events, the payment giant has requested a halt to financial sanctions. Ripple Labs As its long legal dispute with the U.S. Securities and Exchange Commission (SEC) continues. Ripple Takes Bold Step With Residency Application On Wednesday, the Ripple team at letter Apply to stop the…
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Illumina wins Grail battle in blow to EU merger power By Reuters
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BRUSSELS (Reuters) – Europe’s top court on Tuesday backed U.S. gene sequencing company Illumina’s fight against EU antitrust investigations into its $7.1 billion bid for cancer diagnostic test maker Grail. “The European Court of Justice has set aside the General Court’s judgment and invalidated the decisions by which the Commission…
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Illumina wins Grail battle in blow to EU merger power By Reuters
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BRUSSELS (Reuters) – Europe’s top court on Tuesday backed U.S. gene sequencing company Illumina’s fight against EU antitrust investigations into its $7.1 billion bid for cancer diagnostic test maker Grail. “The European Court of Justice has set aside the General Court’s judgment and invalidated the decisions by which the Commission…
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Analysis-After battle with yuan bears, China is now keen to avoid sharp currency gains By Reuters
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SHANGHAI (Reuters) – After spending a year trying to put a floor under the slumping yuan, China’s central bank is suddenly facing the opposite problem and is resorting to underhanded means to prevent the currency from rising sharply. The Chinese yuan, which is usually pegged, rose 1.3% against the dollar…
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Banks step up the battle for rich churches’ billions
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Commercial banks are increasingly targeting churches and other religious organisations with financial products in a bid to earn billions of shillings generated through tithes, donations, offerings and investments in sectors such as education, real estate, health and hospitality. A number of banks have moved to enlist religious leaders to lead…
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Tether In Legal Battle With Bankrupt Crypto Lender Celsius
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A series of high-profile legal battles have rocked the cryptocurrency industry, with the latest involving two major players — Tether, the issuer of the world’s largest stablecoin USDT, and bankrupt crypto lending platform Celsius Network. At the heart of the dispute is a controversial allegation of alleged improper liquidation of…
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Tether In Legal Battle With Bankrupt Crypto Lender Celsius
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A series of high-profile legal battles have rocked the cryptocurrency industry, with the latest involving two major players — Tether, the issuer of the world’s largest stablecoin USDT, and bankrupt crypto lending platform Celsius Network. At the heart of the dispute is a controversial allegation of alleged improper liquidation of…