Japan Investigators Raid Dentsu As Olympic Corruption Investigation Widens : NPR

Investigators enter the headquarters of major advertising company Dentsu in Tokyo Friday, Nov. 25, 2022 as the investigation into corruption related to the Tokyo Olympics widened. (Kyodo News via AP) AP hide caption toggle caption AP Investigators enter the headquarters of major advertising company Dentsu in Tokyo Friday, Nov. 25, 2022 as the investigation into … Read more

‘Grayscale Discount’ Widens to Record 43% as FTX Contagion Spreads

Shares of the Grayscale Bitcoin Trust (GBTC), the world’s largest publicly traded crypto fund, are trading at a new record discount of 43% relative to the price of the underlying bitcoin (BTC). Crypto analysts are speculating as to the reason, but the added pressure comes after Genesis Global Capital, an arm of Digital Currency Group … Read more

China’s manufacturing hub Guangzhou partially locked down as Covid outbreak widens

Editor’s Note: A version of this story appeared in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here. Hong Kong CNN  —  China’s southern metropolis of Guangzhou has locked down a third district, as authorities rush to … Read more

Tokyo Olympics bribery scandal widens with mascot allegations

FILE–This picture shows Miraitowa (L) and Someity (R), mascots for the Tokyo 2020 Olympic and Paralympic Games, at the office of the Tokyo 2020 Organising Committee of the Olympic and Paralympic Games in Tokyo on April 30, 2021. (Photo by Philip FONG / AFP) A corruption scandal surrounding the Tokyo Olympics widened on Wednesday as … Read more

Bank of England widens gilt purchases and warns of ‘dysfunction’ in markets

The Bank of England has widened its buying programme to include index-linked gilts in an effort to counter what it warned was “dysfunction” in the market, a day after a sell-off in UK government bonds pushed up the country’s long-term borrowing costs. In a statement on Tuesday, the BoE said the additional move would “act … Read more

‘Smile’ Widens With Huge Overseas Increase As It Nears $100M Global – Deadline

Paramount’s Smile is positively grinning ear-to-ear as the horror pic from director Parker Finn saw a wild 19% upswing in holdovers at the international box office in its second frame. The weekend gross was $17.5M in 61 markets for a $40M offshore cume and $89.9M global to date. The overseas increase is quite literally gobsmacking … Read more

Ontario regulator widens probe of life and health insurance industry

Breadcrumb Trail Links Insurance FP Finance Initial probe found ‘four main areas of concern’ that potentially exposed consumers to harm The Financial Services Regulatory Authority of Ontario is conducting a ‘thematic’ review of life insurance agents in the province. Photo by Adam Berry/Getty Images files Article content An Ontario regulator is widening a review of … Read more

Trump Calls For McConnell To Be Replaced “Immediately” As Spat Widens – Deadline

Former President Donald Trump, the de-facto leader of the Republican Party, today called for the ouster of his party’s most powerful elected official: Senate Minority Leader Mitch McConnell (R-Ky). “Mitch McConnell is not an Opposition Leader, he is a pawn for the Democrats to get whatever they want,” Trump wrote in a statement. “He is … Read more

HRS Widens Focus Beyond Hotel Solutions

HRS CEO Tobias Ragge discusses:  The value of payment data The future of hotels’ sustainability disclosures Weighing safety and security with savings and sustainability in hotel program decision-making  This month’s announcement that HRS had agreed to acquire expense management platform Paypense was another signal that the hotel solutions provider is expanding its traditional value proposition beyond connecting … Read more