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...The exchange agreed to pay more than $4.3bn in penalties and pleaded guilty to criminal charges relating to money laundering and breaching international financial sanctions....
...US-based International Paper has agreed to buy UK rival DS Smith in a deal valued at £7.8bn, the companies said on Tuesday....
...As part of the agreed deal between International Paper and DS Smith, the US company said it would seek a secondary listing of its shares on the London Stock Exchange.The directors of DS Smith have given...
...One of the world’s biggest paper companies has sparked a bidding war for DS Smith, with International Paper confirmed to be in talks about a potential deal that would value its UK rival at about £6.8bn including...
...International Paper has made a takeover proposal for UK paper and packaging group DS Smith, opening up the possibility of a bidding war for the company, which had already reached a deal with competitor Mondi.US-based...
...As always, email me your thoughts at scott.chipolina@ft.com. Join me and fellow colleagues at FT’s flagship Crypto and Digital Assets Summit on May 8-9 in London....
...Another crypto company teeters. Bakkt, a US-listed crypto company founded and majority owned by the $76bn Intercontinental Exchange, warned it might run out of cash in the next year....
...“Security agencies are working with Interpol for an international arrest warrant on the suspect,” the office said....
...As always, email me at scott.chipolina@ft.com....
...His famous “white paper” described a payments system that stood apart from mainstream financial institutions, instead relying on the public record of blockchain technology....
...However consumers have been able to access the international Binance.com site....
...Paper agrees to buy rival DS Smith in £7.8bn deal (FT) Stellantis chief’s pay package approved by investors despite dissent (FT)...
...For DS Smith shareholders the packaging may matter more than the paper when comparing competing efforts to buy the company....
...the recovery in international flying....
...But “long-term returns can differ quite a lot”, said Professor Scott Cederburg from the University of Arizona, one of the authors of the report....
...As always, email me at scott.chipolina@ft.com. Weekly highlights Binance wasn’t the only crypto exchange to get in trouble this week....
...AlphaGeometry, the tech giant’s system, correctly answered 25 of 30 questions from the high school International Mathematical Olympiad, according to a paper published in Nature on Wednesday....
...Richard Teng replaced Changpeng Zhao as CEO of Binance last month, after Binance entered guilty pleas to charges related to money laundering and international sanctions violations....
...International sales of the fish last year rose 0.5 per cent to £581mn, with sales to Asia jumping 22 per cent and to the US by 7 per cent....
...“In fact, some of the crypto actors aggressively advertise that they do not follow international money laundering rules, holding a giant sign up that says, ‘Launder your money here’.”...
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