Hong Kong's two major electricity suppliers will provide HK$80-90 million in rebates to eligible households between August and October. This initiative aims to ease financial pressure on residents due to increased energy prices, attributed to the US-Israel war on Iran.
The Solana Foundation launched Frontier Traders, a program offering VIP rebates and infrastructure support to professional traders. It aggregates activity across Solana venues, aiming to make the chain itself a competitive trading surface, akin to how large centralized exchanges attract flow.
The Department of Energy has updated guidance for federal energy efficiency rebate programs, excluding switches from fossil fuels to electricity for home heating. This change, driven by legal challenges and a shift away from DEI considerations, has drawn criticism from clean energy advocates.
A Seoul court sentenced Park Sang-hoon, CEO of Korea Pharma, to three years in prison for embezzling over 4.1 billion won and providing illegal rebates to hospitals and doctors. The company was fined 10 million won.
HMRC is facing criticism for significant delays in processing tax rebates and payments, leaving individuals like an 86-year-old father waiting months for substantial sums. Despite HMRC's claims of efficiency, multiple cases highlight long waits, financial hardship, and errors.
Philips and Pandora on Wednesday announced their intentions to apply for tariff rebates in the aftermath of President Trump's "liberation day" blitz.
