Nasdaq has urged the US Securities and Exchange Commission (SEC) to hold digital assets to the same regulatory standards as securities if they constitute “stocks by any other name,” according to an April 25 comment letter. The exchange said the US financial regulator needs to establish a clearer taxonomy for cryptocurrencies, including categorizing a portion…
The Stacks Asia DLT Foundation has become the first Bitcoin-based organization to establish an official presence in the Middle East, aiming to promote institutional Bitcoin adoption through expanded educational initiatives. Stacks Asia has partnered with the Abu Dhabi Global Market (ADGM) — one of the world’s fastest-growing financial centers — in a move that could…
Translated by Nicola Mira Published March 19, 2025 Jean-Marc Pontroué has posted on social media to say he is leaving luxury watch brand Panerai after seven years at the helm. His announcement has sparked a flurry of speculation about a potential in-depth reorganisation within Swiss luxury group Richemont and its watch-making division. The next day,…
Translated by Nazia BIBI KEENOO Published April 28, 2025 The Florentine brand Nomination, known worldwide for its modular stainless steel and gold bracelets, will celebrate its 40th anniversary in 2027. In terms of results and retail expansion, it continues its unstoppable growth. Appointment “2024 was an extraordinary year, during which we exceeded our expectations by…
Instead of soaking in the sun poolside or lounging around a luxurious hotel, more travelers are spending their vacations creating trails in the Faroe Islands, digging into the earth of Patagonia or maintaining rugged paths in the mountains of Eastern Europe. They are trading relaxation for a sense of purpose. Volunteer tourism generated $848 million…
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Hudson’s Bay Company began liquidation sales on Monday, while temporarily excluding six stores from the initial process. Hudson’s Bay receives court approval for revised liquidation plan, excludes 6 locations. – Hudson’s Bay The Canadian retailer received court approval on Friday to move forward with a revised liquidation plan as part of its ongoing Companies’ Creditors…
Happy New Music Friday! The weekend is here, which means more streaming, new playlists and the best that music has to offer — and ET has you covered for everything in between. Nominations have been announced for the 60th ACM Awards. First time ACM nominee Ella Langley takes the lead with 8 nominations, followed by…
Newly revealed court documents show that FTX secretly liquidated $1.53 billion in Three Arrows Capital (3AC) assets just two weeks before the hedge fund collapsed in 2022. The disclosure challenged previous narratives that 3AC’s downfall was solely market-driven. Once valued at over $10 billion, 3AC collapsed in mid-2022 after a series of leveraged directional trades…
Sybil Shainwald, a lawyer who for nearly half a century represented women whose health had been irreparably and often catastrophically harmed by poorly tested drugs and medical devices, died on April 9 at her home in Manhattan. She was 96. Her daughter Laurie Shainwald Kleeger announced the death, which was not widely reported. Ms. Shainwald…