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Author: Charlotte
SEOUL, July 1 (Reuters) – South Korea’s antitrust regulator alleged on Wednesday that Alphabet’s Google abused its dominant position in the Android app marketplace to hinder competition and will recommend corrective measures and a financial penalty. The Korea Fair Trade Commission’s (KFTC) Market Surveillance Bureau found Google’s alleged abuse of market dominance in the Android app marketplace affected 14.16 trillion won ($9.1 billion) in revenue, the bureau said in a media briefing where it released its examiner’s report on the matter. From July 2019 to March 2026, Google’s Games/Google Velocity Program, which it internally called “Project Hug”, offered domestic and…
Toronto, Ontario–(Newsfile Corp. – July 3, 2026) – Corton Capital Inc. (“Corton Capital”) today announced the filing of a preliminary simplified prospectus dated June 26, 2026 in respect of the Corton Theta™ Alpha Fund (“Theta Fund”). The Theta Fund is a pooled fund currently available only by private placement under the name Theta™ Alpha Fund; the fund intends to change its name to Corton Theta™ Alpha Fund on or before the filing of the proposed final simplified prospectus with respect to the fund. A receipt for the Theta Fund’s preliminary prospectus has been issued by the securities regulators in…
Bitcoin’s second-quarter slide unfolded alongside a rare contraction in the stablecoin market, adding another sign that crypto liquidity weakened beyond spot prices alone. Bitcoin traded below $60,000 during the quarter, reaching its lowest level since 2024, and fell 14% across Q2. At the same time, total stablecoin supply slipped to $312 billion, down more than $3 billion from the previous quarter, CEX.IO said in a report shared with CryptoSlate. Stablecoin Supply Quarterly Growth (Source: Cex.io) The decline marked the first quarterly drop in stablecoin supply since the third quarter of 2023. The pullback was small in percentage terms, but it…
BlackRock Inc. is widely recognized as one of the world’s largest asset management groups, serving institutional and retail investors across multiple regions. The company, identified in markets under ISIN US09247X1019, oversees client assets through mutual funds, exchange-traded funds, separate accounts, and advisory mandates that span equities, fixed income, multi-asset, and alternative strategies.As a major asset manager, BlackRock Inc. plays a central role in how many investors gain exposure to global markets. Over recent years, assets under management have grown in line with market performance and flows into index-based strategies, reflecting the structural trend toward low-cost diversified portfolios. The firm’s scale…
The Muhammadu Buhari administration did create a Presidential Economic Advisory Council which was funded through the Office of the Accountant General between 2021 and 2022. FIJ can confirm that the council received at least N1.18 billion for its activities between May 2021 and 2022. The existence and legitimacy of this council has been called into question after Femi Gbajabiamila, the Chief of Staff to the President, disowned Prince Adeniyi Adeyemi Matthew, who has been presenting himself as Director General of the Presidential Economic Advisory Council (PEAC) and the Presidential Foreign Intervention Promotion Council (PFIPC). Presidency’s Full Statement on Adeniyi and…
AGCO (NYSE:AGCO) has launched its “Legacies of the Land” campaign to honor farming families across the United States. The initiative is tied to America’s 250th anniversary and focuses on collecting and sharing farmers’ stories. The campaign is part of AGCO’s Farmer-First strategy and is aimed at deepening its connection with the agricultural community. AGCO, a global agricultural equipment and solutions company, is using the “Legacies of the Land” campaign to spotlight the role of farming families in U.S. history. The move fits with the company’s Farmer-First approach, which centers on closer alignment with producers and their day to day realities…
Bitcoin price traded near $61,700 on July 3, according to crypto.news price data, after recovering from the sub-$60,000 area. The move came as U.S. spot Bitcoin ETFs returned to net inflows for the first time since June 16. U.S.-listed spot Bitcoin ETFs recorded $221.7 million in net inflows on July 2, according to SoSoValue data. Fidelity’s FBTC led with about $166 million in inflows, while Ark Invest and 21Shares’ ARKB added $91.8 million. VanEck’s HODL saw $4.4 million in inflows. The rebound ended a 10-day negative streak that removed more than $2.7 billion from the products. June was also the…
In a recent congressional trade report, it was revealed that Representative Ann Wagner from Missouri’s 2nd congressional district made significant investments and sales in the private equity sector. Wagner purchased stakes in KKR Private Equity Conglomerate LLC Class I (HN), a significant move considering the transaction’s value fell between $250,001 and $500,000. The purchase was made on June 22, 2026, and was reported the following day. KKR, the parent company with an $84.3 billion market cap, is a prominent player in the Capital Markets industry according to InvestingPro analysis. The stock has faced headwinds recently, declining 32% over the past…
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