A new report found that South Africans are spending less on fast food and alcohol, as GLP-1 medicines like Ozempic continue to grow in popularity.
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Canada's first new oil pipeline in decades starts operating
The first major new oil pipeline to be built in Canada in decades is set to open on Wednesday, praised by proponents but panned by environmentalists worried about the consequences of more crude production.
Asia's first spot bitcoin, ether ETFs start trading in Hong Kong
Hong Kong on Tuesday launched trading of Asia's first spot bitcoin and ether exchange-traded funds (ETFs), moving forward in the city's race to become a regional virtual asset investment hub. Each company issued a spot bitcoin and a spot ether ETF, which can be traded in both Hong Kong and US dollars, while ChinaAMC (HK) also allowed trading in Chinese yuan.
Ex-Binance chief set for sentencing in US court
US federal prosecutors are calling for ex-Binance chief Changpeng Zhao to be sent to prison when he appears Tuesday for sentencing on money laundering charges. Zhao pleaded guilty to violating US anti-money laundering laws and Binance agreed in February to pay $4.3 billion to settle charges.
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Johann Rupert’s Reinet Investment Fund Hits R128 Billion in Net Asset Value in Luxembourg
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