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FTX sues Binance and its former CEO for $1.8 billion

LONDON : Collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8 billion was “fraudulently transferred” by FTX management to Binance and its executives. The lawsuit relates to Binance’s sale of its stake in…

San Diego business owners react to passing of Prop 36

SAN DIEGO (KGTV) — On Tuesday, California voters overwhelmingly passed Prop 36, which would create harsher penalties for drug and theft crimes. San Diego business owners say they desperately hoped this proposition would pass. Walid Alraheb will be the first…

(CIIE) Chinese premier meets Uzbek PM in Shanghai

Chinese Premier Li Qiang meets with Uzbek Prime Minister Abdulla Aripov, who is here for the 7th China International Import Expo, in Shanghai, east China, Nov. 4, 2024. (Xinhua/Li Xueren) SHANGHAI, Nov. 4 (Xinhua) — Chinese Premier Li Qiang on…

Is China a hero or villain in the climate fight?

China’s carbon emissions might peak before its target date of 2030 and its growing green economy could set an example for energy transition — even though the country relies heavily on coal and is currently the world’s biggest greenhouse gas…

US finalises curbs on investing in Chinese tech

WASHINGTON: The administration of President Joe Biden has finalised curbs on US investments in sensitive technologies like semiconductors in China that pose a threat to national security, the Treasury Department said on Monday (Oct 28). The new rules, which take effect…

SPR’s 5.5km stretch to undergo repair at

The Gurugram metropolitan development Authority (GMDA) is set to repair the southern peripheral road from Vatika Chowk to NH-48 near Kherki Daula, which witnesses heavy congestion due to the dilapidated condition, officials said. The cost for the repair of this…

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