Japan warned to boost anti-money laundering measures
Sep 01, 2021 22:31 pm UTC| Economy Business
Global watchdog Financial Action Task Force (FATF) warned Japan that it needs to boost efforts against money laundering, such as having financial institutions confirm the identities of bank account customers and cracking...
Fake Banksy NFT sold through artist's website for $336,000
Sep 01, 2021 22:27 pm UTC| Digital Currency Economy
A hacker has returned $336,000 to a British collector after tricking him into buying a fake Bansky NFT, which was advertised through the artists official website. The man who is in his 30s says the hacker returned all...
Nigeria to launch cryptocurrency 'eNaira'
Sep 01, 2021 22:16 pm UTC| Digital Currency Economy
Nigerias central bank will work with Bitt as a technical partner in its bid to launch the countrys cryptocurrency, the eNaira later this year. The eNaira would operate as a wallet where customers can hold existing funds...
Zoom shares tumble 17% in worst day in 9 months
Sep 01, 2021 22:12 pm UTC| Economy Business
Zoom Video Communications Inc shares tumbled nearly 17 percent to close at $289.50 Tuesday after it experienced a faster-than-expected drop in demand, with its business plans becoming questionable as people return to the...
Hershey’s sued by Cookie Department over trademark conflict
Sep 01, 2021 10:00 am UTC| Business Economy
The Hersheys Company is currently facing a complaint that was filed by Cookie Department, a California-based cookie maker. The latter filed a lawsuit so it can continue to use an image that resembles the chocolate...
Walmart announces new hiring spree for 20,000 employees to prepare for the holiday season
Sep 01, 2021 09:33 am UTC| Business Economy
Walmart made an announcement on Wednesday, Sept. 1, that it will be launching a new hiring spree with the intention of recruiting around 20,000 workers. The retail chain stated that the move is for the anticipated shopping...
Walgreens raising hourly wage of its workforce starting October
Sep 01, 2021 09:04 am UTC| Business Economy
Walgreens, a leading drugstore chain in the United States, is implementing higher wage rates starting October of this year. It was reported that the company will be issuing a pay hike on its employees minimum hourly wage...
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