Shipping Regulation

World

Bangladesh Court Sentences Ex-PM Hasina to Decade in Prison, UK MP Niece Also Convicted in Land Scandal

A special anti-corruption court in Dhaka has delivered a landmark verdict, sentencing former Prime Minister Sheikh Hasina to 10 years imprisonment and her British lawmaker niece to four years over illicit land allocations in a flagship housing project. The ruling intensifies the political turbulence ahead of crucial elections.

Feb 2, 2026

Business

‘Free’ Solar Panels Leave Florida Homebuyers Facing a $45,000 Shock

A Florida family’s dream home purchase turned into a financial nightmare after discovering a hidden $45,000 lien attached to solar panels advertised as ‘free.’ The case highlights critical pitfalls in the booming residential solar market.

Feb 2, 2026

Business

India's 2026 Budget Doubles Down on Crypto Rules: 30% Tax Stays, New Penalties Introduced for Reporting Lapses

India's latest budget proposal maintains its stringent 30% tax on crypto gains and 1% TDS, while introducing a new penalty regime for non-compliance with transaction reporting, including daily fines and a flat $545 charge for errors.

Feb 2, 2026

Business

Nevada Court Halts Polymarket Operations, Casting Shadow Over Prediction Markets

A Nevada court has temporarily blocked the prediction market platform Polymarket, siding with state regulators who argue its event contracts constitute illegal gambling. The ruling intensifies a global regulatory crackdown that threatens the core business model of an emerging financial sector.

Feb 2, 2026

Business

Sportradar's Stock Slump: A Buying Opportunity or a Sign of Deeper Issues?

Sportradar Group's shares have tumbled over 22% year-to-date, sparking debate among investors. While a discounted cash flow model suggests significant undervaluation, its lofty P/E ratio tells a conflicting story. We examine the data and gather expert opinions on the sports tech giant's true worth.

Feb 2, 2026

Business

JPMorgan Faces Dual Fronts: Trump Lawsuit and Crypto Clash Amplify Regulatory Scrutiny

JPMorgan Chase confronts heightened regulatory and political pressure as a lawsuit from former President Donald Trump alleges biased account closures, while CEO Jamie Dimon's public spat with Coinbase underscores the intensifying battle between traditional banks and crypto platforms for customer funds.

Feb 2, 2026

World

Iran Denies Reports of Planned Live-Fire Drills in Strategic Strait of Hormuz

A senior Iranian official has refuted earlier media claims that the Islamic Revolutionary Guard Corps (IRGC) Navy would conduct live-fire military exercises in the vital Strait of Hormuz this week, calling the reports inaccurate.

Feb 2, 2026

California's Billionaire Tax Debate: A New Front in the Battle Over Wealth and Power

A proposed wealth tax on California's ultra-rich has ignited a fierce debate, pitting tech billionaires against a coalition of millionaires who argue it's time for the wealthy to pay more. The fight echoes past battles over Silicon Valley's influence and raises questions about the state's economic future.

Feb 2, 2026

World

Tragedy Deepens: Teenager Succumbs to Injuries, Swiss New Year's Bar Fire Death Toll Reaches 41

An 18-year-old has died from injuries sustained in the devastating fire at Le Constellation bar in Crans-Montana, raising the final death toll to 41. The incident, which occurred during New Year's celebrations, also left over 100 injured, with many still hospitalized across Europe.

Feb 2, 2026

World

Swiss New Year's Bar Fire Death Toll Climbs to 41 as Teenager Succumbs to Injuries

The death toll from a devastating fire at a New Year's Eve bar in the Swiss Alps resort of Crans-Montana has risen to 41 after an 18-year-old victim died from his injuries, marking one of the nation's worst peacetime tragedies.

Feb 2, 2026

World

Khamenei Warns U.S. Strike Would Ignite "Regional War" as Gulf Tensions Simmer

Iran's Supreme Leader issues his most direct threat yet amid heightened U.S. military presence and stalled diplomacy, while internal crackdown death toll estimates soar.

Feb 2, 2026

Business

Nomura's Crypto Conundrum: Losses Prompt Trading Pullback While US Banking Ambitions Advance

Nomura's digital asset arm, Laser Digital, reports quarterly losses leading to reduced crypto exposure, even as it aggressively pursues a US banking charter and global expansion, highlighting a dual-track strategy of short-term risk management and long-term infrastructure build-out.

Feb 2, 2026

Business

Warsh's Fed Return Ignites Debate Over Trillion-Dollar Balance Sheet Legacy

President Trump's anticipated nomination of former Fed Governor Kevin Warsh, a vocal critic of the central bank's post-crisis asset purchases, is shifting market focus from interest rates to the future of the Fed's $6.6 trillion balance sheet and its fundamental role in financial markets.

Feb 2, 2026

Business

Whistleblower Alleges Google AI Support Aided Israeli Military Contractor, Violating Ethics Pledge

A former Google employee has filed a formal complaint with the SEC, accusing the tech giant of breaching its own AI ethics principles by providing customer support to an Israeli defense contractor using AI to analyze drone footage, according to documents obtained by The Washington Post.

Feb 2, 2026

Business

Veralto Q4 Earnings Preview: Water Treatment Giant Faces Growth Test Amid Sector Momentum

Veralto Corp. is set to report fourth-quarter earnings after Tuesday's market close, with investors watching for signs of sustained growth in water analytics and treatment demand. The report comes amid mixed signals from the broader environmental services sector.

Feb 2, 2026

US

Rogue Kangaroo Halts Virginia Traffic After Dramatic Escape, Mother and Joey Safely Recovered

A female kangaroo and her joey sparked an unusual rescue operation in central Virginia after escaping from a private property, evading hunting dogs, and briefly blocking a major highway before being safely tranquilized and returned home.

Feb 2, 2026

Business

Gold Rush Gone Wrong: Shenzhen's Jereh Platform Collapse Leaves 150,000 Investors Facing Pennies on the Dollar

The collapse of Shenzhen-based Jereh, a gold trading platform that operated with massive leverage and no physical backing, has left a trail of financial devastation for 150,000 retail investors, who now confront a controversial repayment plan offering mere fractions of their investments.

Feb 2, 2026

US

Florida Vacation Rental Host Faces Indecent Exposure Charge Following Disturbing Reports at Disney-Area Resort

A 51-year-old Airbnb host in Kissimmee has been arrested after multiple residents reported lewd behavior, including an incident involving a vacuum cleaner, at the Windsor Hills Resort community near Walt Disney World.

Feb 2, 2026

Business

Panera Bread Shutters Massachusetts Bakery, Cutting Nearly 100 Jobs in Shift to Parbaked Goods Model

Panera Bread is closing its Franklin, Mass., bakery facility next month, resulting in 92 layoffs, as the chain transitions from fresh dough to a centralized parbaking system for its breads and pastries.

Feb 2, 2026

Business

Hong Kong Tightens Regulatory Grip on Major Payment Networks

The Hong Kong Monetary Authority has detailed its enhanced oversight framework for key retail payment systems, designating networks like Visa, Mastercard, and UnionPay for direct supervision to ensure security and stability in the city's rapidly digitizing economy.

Feb 2, 2026