Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during a Senate Agriculture, Nutrition and Forestry Committee hearing in Washington, D.C., on Wednesday, Feb. 9, 2022. Sarah Silbiger | Bloomberg | Getty Images FTX founder Sam Bankman-Fried has agreed to testify before the House Financial Services Committee at a hearing about the
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Depending on your point of view, Jeremy Hunt’s proposed reform of financial regulations represents a potentially significant boost to the competitiveness of the UK’s financial services sector or a potentially dangerous watering-down of rules put in place to prevent a re-run of the financial crisis. The truth, as ever, is that it is probably somewhere
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8:37 AM ET Mike CoppingerESPN Teofimo Lopez was at the pinnacle of boxing after beating Vasiliy Lomachenko in 2020. A new contract, celebrity, sponsors and fandom followed the undisputed lightweight champion. Just months after his 23rd birthday, Lopez was poised to be the next superstar in a sport with a long history of them. Lopez
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A huge fire has ripped through one of Moscow’s largest shopping centres, killing at least one person. The blaze spread over an area of about 7,000sq m in the Mega shopping centre in Khimki, northwest of the Russian capital, authorities said. The fire caused part of the building to collapse, hindering firefighters’ efforts to tackle
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US House Representatives Earl Francis Blumenauer and Adam Schiff want further US Department of Agriculture (USDA) scrutiny of Elon Musk’s Neuralink following a Reuters report that outlined mistakes in the brain chip company’s animal testing program, their offices said on Thursday. Reuters reported on Monday that the USDA’s inspector general is investigating Neuralink for potential
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Santander UK has been fined £107.8m for “repeated money-laundering failures” by the financial conduct watchdog. The Financial Conduct Authority (FCA) imposed the fine as business banking customers suffered due to “serious and persistent gaps in its anti-money laundering controls”, it said. The millions owed for the lapse come at a discounted rate. Had Santander not
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Cargo ships and vessels transit the Bosphorus Strait, a body of water connecting the Black Sea to the Marmara and Mediterranean Seas through Istanbul, Turkey. Above, the Russia-flagged vessel Volga River Taganrog oil tanker passes south through the Bosphorus Straits in October 2022. Nurphoto | Nurphoto | Getty Images Tankers full of Kazakh oil are
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