FanDuel-parent Flutter lists on the New York Stock Exchange Monday, offering U.S. investors an alternative to the biggest pure play in sports betting, DraftKings. It’s a secondary listing for the international sportsbook, which will retain its primary listing on the London Stock Exchange and included in the FTSE 100 index. […]
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Disposable vapes to be banned in UK after stark warnings of risks to young people
Vape flavours for sale on display in shop window, Essex, England. Ucg | Universal Images Group | Getty Images The U.K. government on Monday announced it will ban disposable vapes, citing an “alarming rise” in the number of young people using them. There will also be new restrictions on how […]
Zelenskyy’s income fell drastically following Russia’s invasion, new declaration reveals
Ukrainian President Volodymyr Zelenskyy speaks with CNBC’s Andrew Ross Sorkin at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Ukrainian President Volodymyr Zelenskyy published his income for the first time on Sunday as he looks to promote transparency and tackle corruption as […]
China removes state media article on plans to merge bad debt asset managers with sovereign wealth fund
Multi exposure of virtual abstract financial graph interface on Chinese flag and sunset sky background, financial and trading concept Igor Kutyaev | Istock | Getty Images China state media removed a story that initially reported that Beijing plans to merge its largest state-owned bad debt asset managers with China Investment […]
China’s luxury market is bouncing back. Analysts say these are new areas of opportunity
A view of a scaled-up mock of a Louis Vuitton bag during a promotional event by the French luxury brand in Shanghai on Dec. 4, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — China’s luxury sales are rebounding, and while they’re not back to 2021 levels yet, […]
Sony is making a bold bet on an African gaming startup to boost PlayStation’s reach in the continent
The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images Sony is making a bold bet on Africa’s video game industry. The Japanese consumer electronics and gaming giant has invested an undisclosed sum into Carry1st, a video game studio based in Cape Town, South Africa, […]
Norway defends deep-sea mining, says it may help to break China and Russia’s rare earths stronghold
ROTTERDAM, SOUTH HOLLAND, NETHERLANDS – 2022/02/08: The deep-sea creatures on board the Luciana and the mining vessel Hidden Gem seen in the background, during the demonstration. Ocean Rebellions protest The Deep Sea Says No Why the deep sea? The deep seabed is largely unexplored, many areas have unique marine life […]
Oil prices higher after Iran-linked drone strikes kill three U.S. troops, Biden vows retaliation
A drone launch during a military exercise in an undisclosed location in Iran captured in a handout image obtained on Aug. 25, 2022. Iranian Army | West Asia News Agency | via Reuters Oil prices advanced early Monday after missiles launched by Iran-backed militants killed U.S. troops in Jordan on […]
China’s luxury market is bouncing back with new areas of opportunity
A view of a scaled-up mock of a Louis Vuitton bag during a promotional event by the French luxury brand in Shanghai on Dec. 4, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — China’s luxury sales are rebounding, and while they’re not back to 2021 levels yet, […]
China plans to merge 3 bad debt asset managers with its largest sovereign wealth fund, state media reports
Multi exposure of virtual abstract financial graph interface on Chinese flag and sunset sky background, financial and trading concept Igor Kutyaev | Istock | Getty Images China plans to merge three of its largest state-owned bad debt asset managers with its China Investment Corp sovereign fund as part of a […]