When Karl Lagerfeld was appointed to Chanel in 1983, its founder Gabrielle “Coco” Chanel had been dead for 12 years, the house was moribund and its fashion had become a dusty shadow of its former glory. Under his stewardship, he revived the house codes and rehabilitated the business,...
Canadian law firms Miller Thomson and Cox & Palmer will represent as many as 115,000 customers of Canadian crypto exchange QuadrigaCX in the coming weeks. Nova Scotia Supreme Court Judge Michael Wood ruled Tuesday that the firms would get...
Ethereum mining pool Sparkpool received a payout of over 2,000 ETH (worth $300,000) just for mining one block on the ethereum blockchain Tuesday – a figure that’s about 600 times the network’s standard block reward. Miners who...
Alibaba has joined rival Tencent as a shareholder in one of China’s most storied investment banks, in a highly unusual move for the tech duo who more often carve up the business landscape between them.Alibaba has raised its stake in investment bank China International Capital Corp (CICC) to...
Inside Sixth & I, the Washington synagogue and events venue, former Starbucks executive chairman Howard Schultz was talking about his new memoir and his potential run for US president. Outside, Bud Jackson was ready to pounce.A bespectacled, wiry Democratic media consultant, Mr Jackson is the founder of #NoHowardNo,...
Many traders believe that successful traders are born special. Great traders have inherited the "trading gene" or have a natural talent for trading. Nothing could be farther from the truth. Although it is a popular misconception, trading success has little to do with intelligence, personality makeup, family background, or...
Might the US move from being a laggard to a leader in tackling global climate change? Two recent announcements — the “economists’ statement on carbon dividends” and the Green New Deal — suggest that it might. Intellectually, these proposals are from different planets. But they could be a...
Ken Hitchner, Goldman Sachs’ Asia-Pacific chairman and chief executive, is set to retire later this year after 27 years with the bank.The change comes after several personnel shifts at the top of the US investment bank in recent months, as it deals with the fallout from its connection...
Britain will impose tariffs and quotas on agricultural products to protect farmers if there is a no-deal Brexit and could also provide “direct cash support” to those whose businesses are hard hit, Michael Gove, environment secretary, said on Tuesday. Speaking at the National Farmers’ Union annual conference in...
Crypto security company BitGo is making good on plans to facilitate insurance for digital assets by providing $100 million of cover against theft or the loss of cryptographic keys via the Lloyd’s of London insurance market. The...