Bloomberg Business

CEO of Collapsed Crypto Exchange Arrested in Turkey on Return

Faruk Fatih Ozer, the former CEO of the collapsed cryptocurrency exchange Thodex, has been extradited from Albania to Turkey to face charges of fraud and money laundering. Upon his arrival at Istanbul Airport on Thursday, the 29-year-old was immediately detained by police, according to state-run Anadolu Agency.

EV Charging Faces EU Scrutiny for Potential Competition Concerns

Electric vehicle charging networks look set to face growing scrutiny from European Union antitrust regulators following a study of potential competition bottlenecks, as governments encourage drivers to switch from polluting combustion engines.

Macron’s Government Outlines Plan for Faster Debt Reduction

Emmanuel Macron’s government outlined a plan to accelerate debt reduction that would require the state to make unpopular cost savings, just as the embattled French leader tries to turn the page on his unpopular pension reform.

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