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Nike acquires virtual sneaker maker

Bloomberg Nike Inc is acquiring a virtual collectibles company as it dives further into the metaverse. The sportswear giant agreed to buy RTFKT, a business founded in 2020 that creates digital products like sneakers and uses blockchain technology to ensure authenticity, according to a statement. Financial terms of the deal were not disclosed. “This acquisition is another step that accelerates ...

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Big EU states resist push for fast Russia sanctions over Ukraine

  Bloomberg Leading nations of the European Union (EU) are resisting a push to quickly draw up specific sanctions and other punishments to impose on Russia if it invades Ukraine, even as the Kremlin shows no sign of backing off a massive troop buildup near its neighbour. Germany, France, Italy and Spain want to focus now on talking to Moscow ...

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Johnson faces biggest Tory rebellion over UK new Covid measure

  Bloomberg Boris Johnson is being squeezed from both sides of the argument over how to tackle a “staggering” surge in Covid-19 omicron infections — and that could have dangerous implications for the UK. The prime minister suffered the biggest Conservative rebellion of his tenure, as 100 members of Parliament opposed his strategy for clamping down on the new coronavirus ...

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