Economy · 13 h ago
3M to pay nearly US$7.35 billion to settle forever-chemicals injury claims
3M will commit nearly US$7.35 billion over nine years to settle personal-injury claims over PFAS, the so-called forever chemicals.
Economy
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Economy · 13 h ago
Third-quarter revenue
3.74 US$ billion
Shopify's third-quarter revenue rises more than 30 per cent
Net income was US$462 million, up from US$264 million a year earlier, or 36 cents US per diluted share.
Economy · 13 h ago
Foodtastic offers $982 million to acquire MTY Food Group
The restaurant franchisor is bidding $43 a share in cash. MTY shares closed Monday at $32.75 on the Toronto Stock Exchange.
Economy · 13 h ago
Paris department store BHV is placed in receivership
A Paris commercial court opened the procedure on Monday for the 170-year-old store, which employs 700 people and stays open.
Economy · 13 h ago
Hong Kong moves tokenized bank settlement to 24/7
The Hong Kong Monetary Authority said Monday that banks in its EnsembleTX pilot can now settle tokenized deposits around the clock, using tokenized central bank money.
Economy · 13 h ago
More crypto thefts follow the record Binance hack
Binance says hackers used fake job interviews and a compromised internal AI tool to steal US$6.3 billion. The FBI attributes the theft to North Korea's TraderTraitor group; North Korea denies it.
Economy · 13 h ago
Strategy buys 811 more bitcoin after a one-week pause
Strategy bought 811 bitcoin for US$65.5 million between Oct 26 and Nov 1, at an average of US$80,846 each.
Economy · 13 h ago
Brazil's Mercado Bitcoin halts withdrawals after a suspected US$40-million hack
Brazil's largest crypto exchange suspended deposits and withdrawals on Nov 2 after a security incident. It says no customer lost money and no data leaked.