Canada To Go After Monopoly In Digital Wallets, Urges Competition Bureau To Act

Canada is now about to put the digital wallet market in its crosshairs after Industry Minister François-Philippe Champagne has urged the Competition Bureau to scrutinize the sector. In a letter addressed to the Competition Bureau, Champagne highlighted recent international efforts to curb monopolistic practices in the digital wallet market.  “I am confident that you will take […]

Korea Hydro & Nuclear Power Selected for $22 Billion Czech Nuclear Project

Korea Hydro & Nuclear Power (KHNP) has been announced as the preferred bidder for a groundbreaking 30 trillion won ($22 billion) project to build nuclear power plants in the Czech Republic. This significant milestone marks the first export of a Korean nuclear reactor since the 2009 Barakah Nuclear Energy Plant deal in the United Arab […]

Benton Resources Hits Earn-In Target For 70% Ownership In Great Burnt Copper Project

Benton Resources (TSXV: BEX) has confirmed this morning that it has completed the required expenditures to obtain a 70% interest in the Great Burnt Copper project in Newfoundland. The earn-in follows over $2.5 million being spent in exploration on the project. Presently, the company has paused exploration on site until Homeland Nickel (TSXV: SHL), formerly […]

CBC Approves Staff Bonuses Despite Job Cuts And Criticism From Parliament

The Canadian Broadcasting Corporation (CBC) and Radio-Canada board of directors has greenlit performance bonuses for select employees, despite recent job cuts and opposition from Members of Parliament. This decision, announced on the broadcaster’s website, affects 1,194 eligible staff members for the 2023-24 fiscal year. While the exact amount of the payouts remains undisclosed — the […]

UK Competition Watchdog Investigates Microsoft’s Inflection AI Recruitment

Britain’s Competition and Markets Authority (CMA) has initiated a formal investigation into Microsoft’s (NASDAQ: MSFT) recent hiring of several former employees from Inflection AI, including the startup’s co-founder Mustafa Suleyman. This move has raised concerns about potential anti-competitive practices, as Microsoft continues to expand its influence in the artificial intelligence (AI) sector. The investigation, announced […]

Are Spot ETH ETFs About to Be Approved?

The US Securities and Exchange Commission (SEC) is poised to grant preliminary approval for several exchange-traded funds (ETFs) tied to the spot price of ether, the second-largest cryptocurrency by market value. Industry sources, cited by a Reuters report indicate that at least three of the eight asset managers applying for these ETFs may begin trading […]