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Nigeria court rules Binance executive can face trial on behalf of crypto exchange May 17, 2024 09:09AM

By Camillus Eboh

ABUJA (Reuters) - A Nigerian court on Friday ruled that Binance executive Tigran Gambaryan can stand trial on behalf of the cryptocurrency exchange in an ongoing tax evasion case.

Binance and executives Gambaryan, a U.S. citizen and head of financial crimes compliance, and British-Kenyan national Nadeem Anjarwalla, a regional manager for Africa, face four counts of tax evasion.

In a separate case, they... (continue reading...)


BlackRock CEO sees 'giant issue' for Europe due to AI power needs May 17, 2024 08:29AM

ROME (Reuters) - The enormous power supply required by data centres to support artificial intelligence (AI) technologies will create competitive issues among countries and put Europe at a disadvantage, the CEO of BlackRock said on Friday.

"It will be a giant issue for Europe," Larry Fink told a business conference in Rome.

The head of the world's largest asset manager said the data centres would gravitate towards areas where power is... (continue reading...)


Man who murdered UK pensioner in revenge for Gaza jailed for at least 45 years May 17, 2024 08:25AM

LONDON (Reuters) - A Moroccan man who stabbed a passer-by to death on a British street in what he later told police was revenge for Israeli action in Gaza was jailed for at least 45 years on Friday, with the judge calling the murder an act of terrorism.

Ahmed Alid, 45, who had sought asylum in Britain, killed his 70-year-old victim after approaching him from behind on a road in Hartlepool, northeast England, in the early hours of Oct. 15 last year,... (continue reading...)


Wipro COO Amit Choudhary quits, business operations head Jain named successor May 17, 2024 08:21AM

(Reuters) - India's Wipro said on Friday that its chief operating officer Amit Choudhary is stepping down, with Sanjeev Jain, current global head of business operations named as his successor with immediate effect.

This is the second-level senior exit at the firm in less than a week.

Choudhary is leaving the company to pursue opportunities outside the organization, and May 31 will be his last day at the firm, it said in an exchange... (continue reading...)


Ukraine braces for 'heavy battles' as Putin says Russia carving out Kharkiv buffer zone May 17, 2024 08:19AM

KYIV (Reuters) - Ukraine's top commander warned on Friday of "heavy battles" looming on the war's new front in the northeastern Kharkiv region as Russian President Vladimir Putin said Moscow was carving out a "buffer zone" in the area.

Russian forces attacked the Kharkiv region's north last Friday, making inroads of up to 10 kilometres (6 miles) and unbalancing Kyiv's outnumbered troops who are trying to hold the line over a sprawling front nearly 27... (continue reading...)


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