SYDNEY (Reuters) - Australia passed a law on Thursday to ban social media for children aged under 16 after days of heated debate, setting a standard for other countries to follow in a global push to curb the power of Big Tech. The law, expected to take effect in November 2025, sets some of the toughest social media controls in...

07:22 AM EST, 11/28/2024 (MT Newswires) -- CI Financial Corp. ( CIXXF ) -- which is being taken private -- reported Thursday preliminary total assets of $525.3 billion as at October 31, 2024, consisting of asset management assets of $136.1 billion, Canadian wealth management assets of $100.4 billion, Canadian custody assets of $32.3 billion, and U.S. wealth management assets of...

07:14 AM EST, 11/28/2024 (MT Newswires) -- Exro Technologies ( EXROF ) , a clean-technology company focused on e-mobility, said overnight Wednesday it has learned of a proposed class action lawsuit against it that has been filed in the Court of the King's Bench, Alberta. Exro ( EXROF ) expects to be served with the statement of claim shortly. The...

07:16 AM EST, 11/28/2024 (MT Newswires) -- Bank of Korea (BoK) cut the policy rate by 25bps to 3.00% on Thursday, which was in line with Societe Generale's forecast but didn't match the consensus forecast of no rate changes. The policy statement clearly said that increased downward pressure on economic growth, continued stabilization in inflation and ongoing slowdown in household...