List of All Articles with Tag 'o'

BRUSSELS EU tech regulators on Friday ordered Meta Platforms to provide details on measures taken to tackle child

By Howard Schneider ATLANTA The U.S. Federal Reserve's pledge in 2020 to sustain "broad-based and inclusive" employment through

By Makini Brice WASHINGTON Indicted Republican George Santos' brief career in the U.S. House of Representatives could come

President Vladimir Putin ordered the transfer of all the rights to managing St. Petersburg’s Pulkovo airport from foreign

Factory managers in South Africa are the most pessimistic they’ve been about the outlook for business conditions since

Rishi Sunak said his “patience is wearing thin” over the UK’s inability to push through its flagship Rwanda

Russian troops have failed to move forward in six areas along the frontline, Ukraine military has said amid heavy missile attacks and ground clashes between the opposing forces. A total of 73 combat skirmishes took place across the war’s frontline in the past 24 hours, an update from Ukraine’s General Staff of the Armed Forces on Thursday read, a day after Russia launched more than 100 attacks to recapture its lost positions in eastern Ukraine’s Robotyne. Meanwhile in Pokrovsk, emergency crews helped rescue a man with a six-month-old baby, covered in blood, in his hands, officials said. The strikes destroyed a multi-storey building, nine houses, a police office and cars. Emergency workers pulled the body of a 62-year-old man from the wreckage of a destroyed multi-storey building in Novohrodivka. Four more people may be under the rubble, including a child, authorities said. It comes as statistics by a longtime Russo-Ukraine War military data researcher suggested Russian forces have faces record losses this month. Data published by Ragnar Gudmundsson said more than 25,000 Russian service personnel died or were severely wounded in combat in Ukraine in November. Read More Senior Russian general ‘killed by one of Putin’s own landmines’ in Ukraine Finland closes last crossing point with Russia, sealing off entire border as tensions rise Cameron condemns Moscow ahead of OSCE summit including Russian counterpart

Portuguese soccer star Cristiano Ronaldo has been hit with class-action lawsuit seeking at least $1 billion in damages for his role in promoting cryptocurrency-related “non-fungible tokens,” or NFTs, issued by the beleaguered cryptocurrency exchange Binance. The lawsuit, filed in federal court in the Southern District of Florida Monday, accuses Ronaldo's promotions of Binance of being “deceptive and unlawful.” Binance's partnership with high-profile figures like Ronaldo, the plaintiffs claim, caused them to make costly and unsafe investments. “Evidence now reveals that Binance’s fraud was only able to reach such heights through the offer and sale of unregistered securities, with the willing help and assistance of some of the wealthiest, powerful and recognized organizations and celebrities across the globe—just like Defendant Ronaldo,” the suit reads. Representatives for Ronaldo and Binance, the world's largest cryptocurrency exchange, did not immediately return The Associated Press' requests for comment. Ronaldo launched his inaugural NFT “CR7” collection with Binance back in November of last year, ahead of the 2022 World Cup. The NFTs, which had starting prices ranging from the equivalent of about $77 to $10,000, featured seven animated statues depicting Ronaldo from iconic moments in his life — from bicycle-kick goals to his childhood in Portugal. Monday's suit says that the promotional efforts of Ronaldo's Binance partnership were “incredibly successful” — alleging a 500% increase in online searches using the keyword “Binance” after the soccer star's NFTs was announced. The collection's premium-level NFTs sold out within the first week, the suit claims. Ronaldo has since continued to promote Binance on his official website and social media platforms. Most recently, on X (the platform formerly known as Twitter) Ronaldo reposted a Binance video and wrote that he was “Cooking something up" with the crypto exchange on Tuesday. NFTs are ordinary digital images with an attached version number that have been added to a cryptocurrency blockchain, a process designed to make them “unique” collectibles. NFTs enjoyed a brief boom, but have since largely collapsed along with much of the cryptocurrency industry. Over the summer, Binance was accused of operating as an unregistered securities exchange and violating a slew of U.S. securities laws in a lawsuit from regulators. And just last week, the crypto exchange agreed to pay a roughly $4 billion settlement as its founder Changpeng Zhao stepped down as CEO and pleaded guilty to a felony related to his failure to prevent money laundering on the platform. The cryptocurrency industry has been marred by scandals and market meltdowns, and this week's lawsuit doesn't mark the first time that a celebrity has faced litigation over crypto promotions. Last year, a host of Hollywood and sports stars — including Larry David and Tom Brady — were named as defendants in a class-action suit against FTX, which was the second-largest crypto exchange before it collapsed in November 2022. The suit argued that the celebrities' status made them culpable for promoting FTX’s failed business model. Ronaldo is one of the most recognizable and richest athletes in the world. He leads his home country Portugal’s national team and has played for the Spanish team Real Madrid, the Italian club Juventus and Manchester United in England. He now plays for the Saudi Arabian professional team Al Nassr. Read More US court denies woman's appeal of Cristiano Ronaldo's 2010 hush-money settlement in Vegas rape case Shakira to appear in Barcelona court on the first day of her tax fraud trial in Spain Putin’s troops repelled on six fronts amid heavy missile and ground attacks - live

Italy’s economy eked out some growth in the third quarter after all instead of the stagnation originally estimated

The Federal Reserve’s top bank watchdog wants lenders to be more comfortable turning to the central bank’s discount

By Patrick Wingrove (Reuters) -Novo Nordisk said on Thursday it sued one compounding pharmacy and refiled a lawsuit against another

Asian shares have slipped after Wall Street closed out its best month of the year with big gains in November