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Ruashi Mining CEO Sentenced: Governance Risks for Chinese Firms in Africa

Ruashi Mining, a key unit of China’s Jinchuan Group, has been fined $10M in the DRC. A rare conviction that raises concerns about compliance risks and governance exposure for Chinese firms abroad.

23andMe files for chapter 11 Bankruptcy to maximize business value

23andMe seeks Chapter 11 bankruptcy, secures $35M DIP financing. CEO steps down, CFO appointed Interim CEO. Anticipates rejecting real property leases and resolving legal claims stemming from a 2023 cyber breach. 45-day bidding process for qualified buyers underway.

Investors Shift from cash ISAs to Stocks and Shares ISAs Amid planned reforms

Investors shift from Cash ISAs to Stocks and Shares ISAs, with new Cash ISA accounts down 7% over five years and Stocks and Shares ISA value up 37%. Chancellor Rachel Reeves plans ISA reforms, but Stocks and Shares ISAs remain popular despite delays.