
Coinbase Obtains AML Compliance from Bank of Spain Amid Crypto Surge in Country
Sep 25, 2023 11:18 am UTC| Economy Digital Currency Business
Cryptocurrency giant Coinbase secures an Anti-Money Laundering registration from Spains central bank, reinforcing its commitment to European expansion amidst Spains growing affinity for digital currencies. With this...

Australia Pushes for Separate Dialogue on Wine Dispute; Rejects China's 'Packaged Solution' Approach
Sep 25, 2023 11:10 am UTC| Economy Life Business
Australia seeks independent resolution over wine dispute with China, rejecting Beijings proposition to connect with other trade issues. A billion-dollar industry has now dwindled due to ongoing tensions. Hopes for a...

LG Chem, Huayou to Set Up Cathode Facility in Morocco, India
Sep 25, 2023 10:34 am UTC| Business Economy
LG Chem and Huayou Group have extended their cooperation to build a new Lithium Phosphate Iron (LFP) cathode plant in Morocco. For this project, the companies are aiming to earn tax credits from the United States Inflation...

Dreamus Introduces Secure NFT Ticketing via SK Planet's App, Tackling Event Scalping
Sep 25, 2023 10:33 am UTC| Economy Life Digital Currency Business
Dreamus, a subsidiary of SK Planet, is introducing NFT ticketing services through its parent companys app. With SK Planets Avalanche NFTs, fans can conveniently purchase tickets for various events, including K-pop concerts...

Kakao Entertainment Fined $540M By FTC Over Alleged Unfair Contracts
Sep 25, 2023 09:39 am UTC| Business Economy
Kakao Entertainment has been fined by the Korean Fair Trade Commission (FTC) due to alleged unfair contracts for web novelists. The company was ordered to pay KRW540 million in penalty for the offense. Based on the...

Lego Halts Oil-Free Brick Plan Due to Increased Carbon Emissions
Sep 25, 2023 09:29 am UTC| Business Economy
The Lego Group backtracks on its oil-free toy bricks initiative, citing higher carbon emissions from recycled material. CEO Niels Christiansen highlights challenges in finding a sustainable alternative to their oil-based...

Rite Aid Faces Potential Store Closures Amid Bankruptcy Talks, Federal Scrutiny
Sep 25, 2023 08:34 am UTC| Business Economy
Rite Aid Corporation, a prominent American drugstore chain, is contemplating shuttering 400 to 500 outlets amidst bankruptcy deliberations. While talks are ongoing, the companys massive $3.3 billion debt looms large....