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Category: upholds

  • Barclays faces blow over car finance mis-selling as court upholds ombudsman ruling

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    Investor Empires

    Barclays has lost a pivotal legal challenge that strengthens the hand of car finance customers seeking damages for mis-sold loans. In a ruling with far-reaching implications for UK lenders, the High Court has rejected a bank judicial review of a Financial Ombudsman Service (FOS) decision, potentially opening the door to…

  • Court upholds law forcing TikTok ban or sale in the United States

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    Investor Empires

    A federal appeals court has upheld a law requiring TikTok’s Chinese parent company, ByteDance, to sell the app to a non-Chinese entity by mid-January or face a ban in the United States. The decision by the US Court of Appeals for the District of Columbia Circuit represents a major escalation…

  • Senate upholds Deputy President Rigathi Gachagua impeachment

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    Investor Empires

    Vice President Rigathi Gachagwa was impeached two years after he was sworn in. At least 53 out of 66 senators voted on Thursday night to uphold the charges brought against him by the National Assembly last week. About 282 members of Parliament supported the impeachment motion presented by Kibbutzi MP…

  • Senate upholds Deputy President Rigathi Gachagua impeachment

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    Investor Empires

    Vice President Rigathi Gachagwa was impeached two years after he was sworn in. At least 53 out of 66 senators voted on Thursday night to uphold the charges brought against him by the National Assembly last week. About 282 members of Parliament supported the impeachment motion presented by Kibbutzi MP…

  • Could Uphold’s Tether Delisting Signal Trouble for USDT in Europe?

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    Investor Empires

    Popular New York-based cryptocurrency exchange Uphold has announced the delisting of six stablecoins in response to the EU’s upcoming MiCA regulation, including Tether (USDT) — the largest of the group. This decision is in line with the Markets in Cryptoassets (MiCA) regulation, which comes into full effect on June 30,…

  • Could Uphold’s Tether Delisting Signal Trouble for USDT in Europe?

    •

    Investor Empires

    Popular New York-based cryptocurrency exchange Uphold has announced the delisting of six stablecoins in response to the EU’s upcoming MiCA regulation, including Tether (USDT) — the largest of the group. This decision is in line with the Markets in Cryptoassets (MiCA) regulation, which comes into full effect on June 30,…