Suspends Financial News

Canada Post says collection and delivery operations in Nova Scotia are on hold as the fallout continues from the devastating floods that swept through the region over the weekend, which destroyed homes and infrastructure and left four people missing.

Pristyn Care on Thursday said it had suspended Saurabh Arora and Rahul Narang, founders of Lybrate, which it acquired last year. It did not respond to ET’s query on the reason behind the move. A report in Mint on Thursday said that the suspensions came a day after Arora and Narang served a default notice to Pristyn Care demanding outstanding payment resulting from its acquisition of the primary care provider.

MUMBAI : Healthtech platform Pristyn Care has suspended Rahul Narang and Saurabh Arora, the founders of Lybrate Inc., a day after the duo served a default notice demanding outstanding payment resulting from Pristyn Care’s acquisition of their company in June 2022, two people aware of the development said on condition of anonymity. Tiger Global-backed Pristyn Care, which runs a network of hospitals and clinics through partners, had acquired Lybrate to enter the primary-care segment. While the deal size was not disclosed, it was said to be $20-30 million, including payments to other investors of Lybrate, such as Nexus Venture Partners, Tiger Global Management, and Ratan Tata’s RNT Associates.

Reuters noted. However, he faces strong opposition from the military, which is at odds with his party's anti-establishment aspirations.

Russia halted an unprecedented wartime deal on Monday that allows grain to flow from Ukraine to countries in Africa, the Middle East and Asia where hunger is a growing threat and high food prices have pushed more people into poverty.

ALSO READ: Zomato share price jumps over 9% to touch new 52-week high; here's why Earlier in May, Zomato launched Unified Payments Interface (UPI) services for some users in the country in partnership with ICICI Bank. "The UPI offering has been temporarily paused for new user onboarding, only to incorporate feedback received on the onboarding flow.

Dubai’s cryptocurrency regulator has suspended the license of crypto exchange BitOasis for not meeting mandated conditions within the timeframes set out by the authority.

BBC suspends presenter over explicit photos claims.  The Sun newspaper, which first reported the claims, cited the young person's mother as saying that a BBC star paid her child over £35,000 ($45,000) for the images over a three-year period. According to The Sun article, the young person was 17 when the payments from the presenter started.

Tripura assembly Biswa Bandhu Sen on Friday suspended five opposition MLAs, including Roy Barman on the opening day of the budget session. Congress MLA and former Minister Sudip Roy Barman was suspended for the entire budget session, which began here on Friday, for making “derogatory remarks against ministers and treasury bench members”.

OceanGate – the company owned the Titan submersible that imploded during a dive to the titanic wreckage, killing all the five people on board including the firm’s CEO Stockton Rush – Thursday said it has suspended its exploration and commercial operations, reported CNN. The submersible was reported missing on June 18 and the US Coast Guard and Canadian authorities on June 22 declared that the vessel had suffered a “catastrophic implosion" killing all the five—CEO Stockton Rush, British businessman Hamish Harding; French diver Paul-Henri Nargeolet; Pakistani billionaire Shahzada Dawood; and Dawood’s 19-year-old son, Suleman Dawood —onboard, ending the rescue operation that had captured the world’s attention for days.

The sale of FTX's $500 million stake in artificial intelligence startup Anthropic has reportedly been put on hold, adding a potential delay to the bankrupt crypto exchange's efforts to fill a $2 billion remaining hole in its balance sheet.

Twitter has suspended the account of the popular memecoin-linked artificial intelligence-powered bot “Explain This Bob” after Elon Musk alleged it was a “scam crypto account.”

Floating Point Group (FPG), a crypto prime brokerage, has suspended all withdrawals, deposits and trading on its platform after suffering from a $15 million cyberattack over the weekend.

The South Korean crypto lending platform Delio says it is “temporarily” suspending deposits and withdrawals, as financial regulators say they are “investigating” the situation.

On June 13, South Korean yield platform Haru Invest announced that it would be suspending deposits and withdrawals effectively immediately. "First of all, the company sincerely apologizes that its latest announcement has caused concerns to our valued investors and customers," Haru said, claiming that "certain information provided by a consignment operator was suspected to be false" during an "internal inspection process," thus leading to the transfer halt.

Binance.US said on Thursday the company is suspending USD deposits while notifying customers that their banking partners are preparing to pause fiat (USD) withdrawal channels as early as June 13. The move comes as the U.S.

Crypto.com will no longer serve institutional clients in the United States after announcing the suspension of the service from June 21.

In a statement posted on Twitter, the crypto giant says it encourages customers to withdraw their USD via ACH by 13 June, when its banking partners are expected to close channels.Says Binance.US: "The SEC has taken to using extremely aggressive and intimidating tactics in its pursuit of an ideological campaign against the American digital asset industry."Binance.US and our business partners have not been spared in the use of these tactics, which has created challenges for the banks with whom we work."The firm says it is therefore becoming a crypto-only exchange until it can secure more stable banking partners.Earlier this week, the SEC sued Binance and its CEO Changpeng Zhao, alleging a host of securities law violations and accusing the world's largest crypto exchange of engaging in an "extensive web of deception".The regulator has also filed for a temporary restraining order to freeze certain assets tied to Binance.US.

Binance.US has announced the suspension of U.S. dollar deposits and has notified its customers of an incoming pause to fiat (USD) withdrawal channels as early as June 13.

Patricia, a Nigerian platform for gift card and crypto trading, has encountered a security breach, prompting immediate measures to safeguard its users. As a precautionary step, the platform has temporarily suspended fund withdrawals.

Crypto exchange Binance suspended deposits for 10 bridged tokens on May 25 following days of stuck transactions that sparked uncertainty surrounding the Multichain protocol.