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Container ships abandon the Red Sea as allies scramble for defense
On Tuesday, container shipowners abandoned one of the busiest trade routes in the world. Many of the largest cargo ships diverted to avoid the Red Sea due to the increasing attacks by Iranian-backed rebels.
AP Moller Maersk, the second…
Trial of ex-Goldman analyst and his lawyer brother for insider trading
According to the prosecution, a former Goldman Sachs lawyer and his brother (an ex-Clifford Chance attorney) committed insider trading using confidential information obtained by the elite Wall Street Bank.
Mohammed Zina and his brother…
Nasdaq Bets on Boom in “Zero Day” Options with New Contracts
Zero-day options are now being traded on various markets, including the Treasury and Commodity markets, as exchanges like Nasdaq aim to replicate the success of US stock index trading.
Nasdaq listed this week a series of new option…