Corporate news, financial markets, and economic trends
Explain the recent progress of the EU’s Digital Services Act and the UK’s Online Safety Act and outline their impact on digital platforms and user safety through February 2025. In a world where virtual spaces fill daily life, the United Kingdom (UK) and the European Union (EU) have created strong legislative frameworks to make the…
Chancellor Rachel Reeves reveals a wide-ranging strategy for accelerating UK’s economic growth through the exploitation of the nation’s financial services sector, increasing sustainable investment, faster settlements for trade, and international investor appetite. In a bid to speed up the economic development of the United Kingdom, Chancellor Rachel Reeves has come up with a plan that…
House Financial Services members French Hill and Bryan Steil identify the necessity for strong digital asset law to stimulate innovation, keep consumers safe, and enhance the international position of the U.S. dollar. In a previous op-ed, House Financial Services Committee Chairman French Hill (R-AR) and Digital Assets Subcommittee Chairman Bryan Steil (R-WI) cited the pressing…
The Australian Renewable Energy Agency has invested $30 million in VSPC Pty Ltd to further commercialize a novel cathode powder production process, further positioning Australia in the international battery supply chain. In a major effort to strengthen Australia’s renewable energy industry, the Australian Renewable Energy Agency (ARENA) has committed $30 million of assistance to VSPC…
The European Securities and Markets Authority (ESMA) has initiated a consultation period in an effort to set knowledge and competence levels of workers in crypto-asset service providers in order to enhance investor protection and improve confidence in the crypto sector. The European Securities and Markets Authority (ESMA) is launching a public consultation to decide on…
Richmond Council partners with MakeMyHouseGreen to offer a £500 solar panel installation discount to residents with the aim to encourage the adoption of renewable energy and achieve the borough’s Net Zero 2043 target. As a major initiative to spur the use of renewable energy, Richmond Council has joined forces with MakeMyHouseGreen to help residents enjoy…
SEC guidance, as part of Staff Legal Bulletin No. 14M, revives an ancient interpretation of Rule 14a-8, affecting the listing of shareholder proposals in company proxy materials. The U.S. Securities and Exchange Commission (SEC) issued new guidance that brings back a longstanding tradition when it comes to Rule 14a-8, shareholder proposal inclusion regulation within corporate…
Starting July 5, 2025, Volaris will offer new nonstop flights from San Antonio International Airport to Morelia and San Luis Potos., enhancing cross-border economic ties and connectivity. San Antonio International Airport (SAT) will be more connected to Mexico, with Mexican low-cost carrier Volaris introducing two new nonstop flights to Morelia and San Luis Potosí. These…
The Financial Reporting Council launched a probe into former Woking Borough Council’s highest-ranking officials, Ray Morgan and Leigh Clarke, following a declaration that the council was insolvent with an overhang of more than £2 billion because of cataclysmic investment decisions. The UK Financial Reporting Council (FRC) has opened an investigation into two of Woking Borough…
The Sound Transit commuter Sounder train on February 13th, 2025, had a common cancellation of morning service due to late maintenance impacting many commuters. On February 13, 2025, Sound Transit’s Sounder commuter train experienced severe disruptions that forced the majority of passengers to seek alternative means of transport. Disruptions were based on delays in maintenance…
