Regulator Seeks $1.7 Billion From Cryptocurrency Platform Accused of Fraud

Mirror Trading International (MTI) guaranteed investors potential returns of over 100% per year. The American financial regulatory agency CFTC has sued a South African speculative platform, as well as its manager, and is demanding the return of 1.7 billion dollars deposited in cryptocurrencies by customers. Placed in compulsory liquidation in July 2021, Mirror Trading International … Read more

Life insurance is still full in May

Contributions, or deposits, in life insurance in May amounted to 11.8 billion euros, for 9.9 billion in benefits, or withdrawals, i.e. net inflows of 1.9 billion euros Savings in life insurance in France continued to swell in May with net inflows of 1.9 billion euros, up compared to the same period last year, according to … Read more

Google ordered to pay 245 million dollars to an individual for “moral damage”

Google was ordered in Mexico to pay nearly $245 million for “moral prejudice” to an individual, the American search engine giant said on Friday, June 17, announcing its intention to appeal. Read also125 American newspapers attack Google and Facebook Google was ordered on June 13 to pay five billion pesos in favor of lawyer Ulrich … Read more

Zurich Insurance sells life insurance business in Germany

The Swiss insurer Zurich Insurance has signed an agreement with the German insurance portfolio manager Viridium to sell it life insurance activities in Germany, it announced on Friday. Read alsoZurich Insurance withdraws from Russia by reselling its activities to its local team Transfer of reserves of 20 billion dollars The sale of these activities, which … Read more

Google News has reopened in Spain almost eight years after it closed

Google announced Wednesday the reopening in Spain of its news service Google News, closed eight years ago, following the transposition into Spanish law of the European directive on “neighbouring rights” of the media. “After a break of almost eight years, Google News returns to Spain”, announced on its blog the Spanish branch of the American … Read more

the Autorité de la concurrence closes the dispute with Google

The Competition Authority announces Tuesday, June 21 to end the litigation procedure between the French media and Google in the neighboring rights file, by accepting the commitments made by the American Internet giant. “The Autorité considers that the commitments proposed by Google are such as to put an end to the competition concerns. » This … Read more

Tesla stumbles on Wall Street after reports of possible workforce cut

Saying to have “a super bad feeling about the economy”his boss Elon Musk would have mentioned in an e-mail the need to cut 10,000 jobs. Shares of electric car maker Tesla fell on Wall Street on Friday (June 3) after news reports of an email from Elon Musk mentioning the need to cut the company’s … Read more

Bitcoin plunges to its lowest since late 2020 in a worried market

The bitcoin dive again raises questions about the value of this ever-changing virtual currency. Bitcoin plunged to its lowest level in 18 months on Monday in a market without risk appetite, also suffering from the suspension of withdrawals on the Celsius investment platform. Read alsoAccused of ‘environmental disaster’, bitcoin industry seeks to go green While … Read more

Ardian takes a stake in insurance broker Odealim

The management company Ardian joins the American fund TA Associates in the capital of the French insurance broker Odealim, specializing in the real estate market, she announced on Wednesday. Read alsoThe investment fund Ardian acquires the Italian Biofarma Group This investment in equal shares between the two main shareholders “will enable the company to move … Read more

Health Insurance calls for a call for tenders for the Health Data Hub

The Health Data Hub, a megafile of French health data, must be the subject of a “call for tenders with the establishment of an independent commissionto choose its new host to replace Microsoft, said the Board of Directors of Health Insurance in a notice published Thursday. “Deprecatedby the controversy, the Health Data Hub needs to … Read more