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Hedge fund sues treasury over Fannie, Freddie


A large hedge fund that invested in shares of the government-sponsored mortgage companies Fannie Mae and Freddie Mac has sued the U.S. Treasury Secretary, and the head of the Federal Housing Finance Agency, along with the agencies themselves, arguing that their attempts to wind down the companies violate a Congressional mandate.

Bitcoin ATM gets ready for roll out

Bitcoin Logo

A cash machine that accepts the virtual currency bitcoin is set to be distributed around the globe this summer, according to its maker Lamassu, which expects pre-orders for the technology to be placed soon.

Samsung Still Asia's Most Popular Brand

Samsung Galaxy Tablet

South Korean tech giant Samsung holds on to the title of Asia's top brand out of 1,000 competitors for a second year in a row, beating key rivals such as Apple, according to a new survey published on Monday.

Kate Swann appointed CEO of SSP

SSP Logo

SSP, the operator of food and beverage brands in travel locations, has announced that it has appointed Kate Swann as Chief Executive Officer effective from September 4.