Top News Stories for May 16, 2023
Crypto rules get final approval to make Europe a global leader on regulation. The European Union has finalized its new crypto regulations, which are designed to make the bloc a global leader in the regulation of digital assets. The new rules will require crypto exchanges and service providers to obtain a license and to comply with strict anti-money laundering and terrorist financing rules.
Monopoly concerns push FTC to sue to block Amgen's more than $26B deal for Horizon. The Federal Trade Commission (FTC) has filed a lawsuit to block Amgen's $26 billion acquisition of Horizon Therapeutics. The FTC argues that the deal would give Amgen a monopoly in the market for a key drug used to treat rheumatoid arthritis.
Minister: 2 major gas companies keen on Israel-Cyprus plan for pipeline, gas processing facility. Two major gas companies are interested in participating in a plan to build a pipeline and gas processing facility between Israel and Cyprus, according to the Israeli energy minister. The pipeline would transport natural gas from offshore fields in both countries to Europe.
Ex-Audi chief pleads guilty in automaker's diesel emissions scandal. Former Audi CEO Rupert Stadler has pleaded guilty to fraud and falsifying documents in connection with the automaker's diesel emissions scandal. Stadler is one of several high-ranking Audi executives who have been charged in the scandal.
South Korea and Japan use G-7 to push improvement in ties long marked by animosity. South Korea and Japan have used the G-7 summit to push for an improvement in their ties, which have been strained for decades. The two countries have agreed to hold a series of high-level meetings in the coming months.
Parliament spokesperson says one of Libya's rival administrations suspends prime minister. A spokesperson for Libya's parliament has said that one of the country's rival administrations has suspended the prime minister. The move comes amid a power struggle between the two administrations.
EU countries adopt law banning products which fuel deforestation. The European Union has adopted a law that will ban the import of products which have been linked to deforestation. The law is designed to protect forests around the world.
Tunisia's moderate Islamist leader sentenced in absentia to year in prison. A Tunisian court has sentenced the moderate Islamist leader Rached Ghannouchi to one year in prison in absentia. Ghannouchi is the leader of the Ennahda party, which is the largest party in Tunisia's parliament.
From diversity to accessibility, can technology change the way we think about beauty for the better? Technology is changing the way we think about beauty. From the rise of diversity in fashion to the development of new technologies that make beauty more accessible, technology is helping us to redefine what beauty means.
Tom Brady honors exes Gisele Bündchen and Bridget Moynahan on Mother's Day. Tom Brady took to social media on Mother's Day to honor his two exes, Gisele Bündchen and Bridget Moynahan. Brady shared a photo of himself with his three children, who he shares with Bündchen. He also shared a photo of himself with Moynahan and their son.
Ten lions killed in Kenya as conflict between humans and wild animals worsens. Ten lions have been killed in Kenya in the past week as conflict between humans and wild animals worsens. The lions were killed by poachers who were targeting them for their meat and bones.