Strategy (MSTR) has, for the first time last week, used its perpetual preferred stock as the primary vehicle to accumulate bitcoin, marking a potential shift in how the company funds its bitcoin strategy. The company Monday announced it purchased 22,337 BTC in the preceding week, its fifth-largest acquisition on record. Issuance through its STRC perpetual…
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NEW DELHI: Observing that the arrival of a child in a family – whether by birth, adoption or surrogacy – involves time, attention and rearing responsibilities to ensure their well-being, Supreme Court on Tuesday ruled that maternity leave was the right of all women, irrespective of whether they gave birth biologically or had a child…
The Federal Reserve has little choice but to stay on the sidelines this week as it navigates a mix of complicated and conflicting forces playing out in the U.S. economy. Markets are pricing in a near-zero chance that the rate-setting Federal Open Market Committee will be cutting at this meeting — or any other in…
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UAE Labour Law: Can Employers Withhold Salary for Stranded Employees Amidst Iran vs US-Israel War? As geopolitical tensions in the Middle East and Iran vs US-Israel war disrupt travel and leave thousands of expatriates unable to return to the UAE, a pressing question is surfacing across workplaces and WhatsApp groups alike: Can your employer legally…
Mastercard’s planned $1.8 billion acquisition of stablecoin infrastructure firm BVNK is reinforcing a growing view on Wall Street that stablecoins are moving from a niche crypto tool to a core layer of global payments. Analysts say the deal signals a shift in how traditional financial networks see blockchain-based money movement. “Stablecoins are integral to the…
