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Grab eyes Singapore banking license as regulator studies virtual banks

Grab, Southeast Asia’s most valuable start-up, is exploring a move into Singapore banking as regulators in the Southeast Asian city-state consider allowing online-only banks, four people with knowledge of the process said. Grab is close to hiring a consultancy to advise it on its banking

Brazil issues first license for sale of a cannabis-based drug

Brazil issues first license for sale of a cannabis-based drug (Getty Images) Brazilian healthcare regulator Anvisa on Monday said it had issued the country’s first license for sale of a cannabis-based drug in the country after years of legal wrangling with