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South Korea says it will impose fines on two global banks for short-selling violations

South Korea says it will impose fines on two global banks for short-selling violations

© Reuters SEOUL (Reuters) – South Korea’s financial regulator on Sunday said it plans to impose penalties on two unnamed global investment banks it is investigating. The Financial Services Commission said it found two global investment banks were engaged in the practice of naked short-selling transactions, which involves selling shares without borrowing them first. The…

Blizzard strikes US Midwest, cancelling flights and disrupting presidential campaign

Blizzard strikes US Midwest, cancelling flights and disrupting presidential campaign

2/2 © Reuters. A worker removes snow from the sidewalk after a blizzard left several inches of snow in Ankeny, Iowa, U.S., January 12, 2024. REUTERS/Alyssa Pointer 2/2 By Brendan O’Brien and Rich McKay CHICAGO (Reuters) -Tens of millions of Americans were in the pathway of dangerous and damaging weather conditions as snowstorms moved across…

US congressional leaders agree on stopgap funding bill -source

US congressional leaders agree on stopgap funding bill -source

© Reuters. FILE PHOTO: The U.S. Capitol Dome is illuminated in Washington, U.S., June 1, 2023. REUTERS/Evelyn Hockstein/File Photo WASHINGTON (Reuters) -U.S. congressional leaders have agreed on a two-tranche stopgap spending bill to keep the federal government funded into March and avert a partial government shutdown starting late next week, a source familiar with the…

Zupyak’s unique startup journey — Building companies without a fixed idea

Zupyak’s unique startup journey — Building companies without a fixed idea

Erik Wikander Contributor Erik Wikander is the CEO and co-founder of Zupyak, a content marketing platform designed for startups, simplifying the process of creating SEO-optimized marketing content through generative AI. Creating a startup without a fixed idea is like building a startup backward. But that’s precisely how our startup, Zupyak, unfolded — and it worked.…