Activists ask Biden to publicly rebuke Modi over human rights

By Kanishka Singh WASHINGTON (Reuters) – Rights advocates in Washington demanded that President Joe Biden publicly call out what they described as India’s deteriorating human rights record, saying the U.S. approach of raising the issue in private with Prime Minister Narendra Modi has been a failure. In a press briefing on Wednesday, activists and academics…

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Bitcoin eyes third straight day of gains after touching two-month high

(Reuters) – Bitcoin rallied for a third straight day after hitting its highest level since mid-April, boosted by BlackRock’s plan to create a bitcoin exchange-traded fund (ETF) even as the sector faces U.S. regulatory scrutiny. BlackRock, the world’s biggest asset manager, filed last week for the exchange which would allow investors to get stakes in…

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Bankrupt SVB Financial still exploring options for venture capital arm

(Reuters) -Bankrupt SVB Financial Group said on Wednesday it is continuing to evaluate strategic alternatives for SVB Capital, its venture capital and credit investment arm, as well as other assets and investments. The disclosure comes days after the company agreed to sell its investment banking division, SVB Securities, to a group led by the segment’s…

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Factbox-Extreme tourism allows ultra-wealthy to explore new frontiers

(Reuters) – The $250,000-a-head expedition that vanished this week en route to the deep-sea wreck of the Titanic ocean liner is just one example of extreme tourism that is becoming more commonplace for those who can afford it. From Earth’s tallest peaks to suborbital space, here are some of the other exploits that can be…

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Fenwick law firm hires Gibson Dunn to defend work for bankrupt FTX exchange

By Andrew Goudsward (Reuters) – Law firm Fenwick & West has hired its own outside legal team as it faces scrutiny over its role advising now-bankrupt cryptocurrency exchange FTX, including from the company’s indicted founder Sam Bankman-Fried. Silicon Valley-founded Fenwick has turned to Gibson, Dunn & Crutcher as its advice becomes a focus of Bankman-Fried’s…

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