Autor: Press Room

The Federal Court of Australia has ruled in favor of crypto lender Block Earner, overturning a decision that it needed an Australian financial services license (AFSL) to offer its crypto-linked ‘Earner’ product.The court has dismissed the financial regulator ASIC’s suit to impose penalties on the digital asset platform.Per a Tuesday judgment, the court found that the discontinued ‘Earner’ product was a loan, not a managed investment scheme.The Earner product was offered from March to November 2022, allowing customers to ‘loan’ specified crypto in return for interest paid at a fixed rate. Block Earner wins appeal against ASIC, with the Full…

NEWYou can now listen to Fox News articles! NFL prospect Travis Hunter is projected to play both wide receiver and cornerback in the pros, as he did in college. But some experts have questioned the validity of a player excelling at both positions at the pro level. A player who came close to Hunter’s aspirations in the NFL is his former University of Colorado and Jackson State head coach Deion Sanders. Sanders was known almost entirely as an elite cornerback during his pro career, but also played wide receiver at rare times, mostly during the Dallas Cowboys‘ 1996 season. Now, former NFL…

But some scholars argue that Suharto – who died in 2008 at the age of 86 – meets the formal requirements to be conferred the title of national hero.  University of Gadjah Mada historian Agus Suwignyo said the former president played a key role in Indonesia’s fight for independence, notably by leading the 1949 General Offensive that took back Yogyakarta, and overseeing the 1962 effort to regain control of West Papua.  “Suharto fits the formal criteria, but the full historical context must be considered,” Agus said, as quoted by Jakarta Globe.  Under the Social Affairs Ministerial Regulation No. 15 of…

In SummaryZimbabwe retains the highest central bank interest rate in Africa at 35%.The Central Bank of Nigeria (CBN), which is second in Africa, maintained its benchmark lending rate at 27.5% in February 2025.Analysts predict a potential easing of rates later in the year, possibly starting in H2, with cuts expected by the end of 2025.Deep dive!!Central Bank interest rates in Africa vary considerably across countries, these rates are pivotal tools for monetary authorities aiming to stabilize economies, control inflation, and attract foreign investment. For example, the Reserve Bank of Zimbabwe maintains the highest interest rate in Africa at 35%—this rate…

Tesla CEO says he will spend ‘far more’ of his time running carmaker after putting cost-cutting team in place.Tesla CEO Elon Musk has said he will scale back his work with the administration of United States President Donald Trump following a steep plunge in the electric carmaker’s first-quarter profits. Musk, who leads Trump’s Department of Government Efficiency (DOGE), said on Tuesday that he would allocate “far more” of his time to running Tesla and cut back his work in the government to one or two days per week from May. “The large slog of work necessary to get the DOGE…

Attorneys for Kilmar Abrego Garcia, a Maryland man mistakenly deported to a prison in El Salvador, say the government has failed to provide appropriate responses to a judge’s order for expedited discovery and to her questions about facilitating his return to the U.S. In a letter addressed to U.S. District Court Judge Paula Xinis, Abrego Garcia’s lawyers requested a hearing to be scheduled Wednesday „to address the government’s failure to comply“ with Xinis‘ order for expedited discovery in the case.Xinis on Tuesday issued a scathing order denying the Justice Department’s objection to some of the discovery in the case, accusing the…

Check out the companies making headlines in midday trading: 3M — The manufacturing conglomerate jumped 8.1% on a first-quarter earnings beat. 3M earned an adjusted $1.88 per share on $5.78 billion of revenue, topping the LSEG consensus forecasts of $1.77 in earnings per share and $5.76 billion in revenue. RTX — The defense name sank nearly 10%. Despite posting better-than-expected earnings for the first quarter, management’s comments to analysts about the expected effects of tariffs rattled investors. CoreWeave — Shares of the artificial intelligence cloud company jumped more than 8% after several analysts initiated coverage of the stock with a…

Monday marked nine years since the death of Minnesota superstar Prince, and his former home and recording studio honored the occasion by inviting fans for a day of remembrance.The two-part event, dubbed A Day 2 Remember | A Night 2 Reflect, started at 10 a.m. at Paisley Park in Chanhassen. The public was invited inside to create an origami dove and add a message to it. At 4:21 p.m., there was a candle lighting for Prince, who was found dead inside the complex on April 21, 2016. The ceremony was livestreamed online for those who couldn’t make it to Paisley Park.On…

Denmark-Walpole coach Brad Nisbett believes the club can challenge for a finals berth in the 2025 Great Southern Football League competition after taking positive steps forward last year. 

A child burns to death following the attack on school-turned-shelter in Gaza City.At least 10 people have been killed in an Israeli attack that sparked a fire at a school sheltering displaced people in Gaza City, including one child who was burned to death in the blaze. The Palestinian Civil Defence said its emergency workers recovered 10 bodies early on Wednesday morning after the attack on the school, where forcibly displaced people had taken shelter. A large number of people were also injured, it said in a post on the Telegram messaging platform. “Children are being burned while they sleep…