Category Archives: (Fargo | KFGO | kfgo.com) World News
Bitcoin Group: taking steps against money-laundering, terrorist financing
BERLIN (Reuters) -Germany's Bitcoin Group said on Wednesday it was taking measures to improve its internal control system, after the financial regulator BaFin ordered its subsidiary futurum bank to re...
Nov 29, 2023
Philippines’ SEC to block access to world’s largest crypto exchange Binance
MANILA (Reuters) - The Philippines' Securities and Exchange Commission has begun the process of blocking access to the world's largest crypto exchange Binance, whose chief last week stepped down and p...
Nov 29, 2023
Prosus cuts India’s Byju’s valuation to under $3 billion
MUMBAI (Reuters) - Tech investor Prosus NV said on Wednesday it was valuing Indian education firm Byju's at under $3 billion, 86% less than its peak valuation of $22 billion last year, after the compa...
Nov 29, 2023
New Zealand’s central bank defends Maori language use
By Lucy Craymer WELLINGTON (Reuters) - New Zealand's central bank chief defended its use of the Maori language in official communications on Wednesday, as the country's new centre-right government loo...
Nov 29, 2023
Richemont monitoring situation at online luxury retailer Farfetch
ZURICH (Reuters) - Cartier-jewellery owner Richemont on Wednesday said it was "carefully monitoring" the situation after Farfetch's founder said he was considering taking the online luxury retailer pr...
Nov 29, 2023
Exclusive-Huawei’s new smart car firm valued up to $35 billion amid advanced stake talks -sources
By Julie Zhu and Zhuzhu Cui HONG KONG/SHANGHAI (Reuters) - Huawei Technologies' new smart car software and components firm is set for a valuation of up to 250 billion yuan ($34.67 billion) after it se...
Nov 29, 2023
Prosus reports $2 billion in core earnings, up 118%
AMSTERDAM (Reuters) - Prosus NV, a large technology investor, said on Wednesday its core headline earnings increased 118% in the first half of 2024, citing improved profitability in its stable of inve...
Nov 29, 2023
China’s Nio teams up with Geely on battery swapping projects – media
BEIJING (Reuters) - China's Nio and Geely Automobile Holding signed a strategic comprehensive cooperation agreement on battery swapping initiatives, financial media outlet Yicai said on Wednesday. The...
Nov 28, 2023
Okta says hackers stole data for all customer support users in cyber breach
(Reuters) - Okta said on Tuesday that hackers stole information on all users of its customer support system in a network breach two months ago. The San Francisco-based company notified customers that ...
Nov 28, 2023
Factbox-Rakuten Group’s losses, debt burden and financing efforts
By Anton Bridge TOKYO (Reuters) - Rakuten Group is a Japanese conglomerate centred on an e-commerce website - Rakuten Ichiba - and a suite of online financial services companies including banking, cre...
Nov 28, 2023
