PayPal receives banking licence

Tuesday, May 15, 2007 The online payment service PayPal has received a banking licence in Luxembourg, promoting it to the status of a bank. As a consequence PayPal will move their headquarters to Luxembourg. Since 2004 PayPal had the status of an Electronic Money Issuer supervised by the U.K. Financial …

Dying Canadian infant moved to U.S. hospital for medical treatment

Tuesday, March 15, 2011 A thirteen-month-old Canadian infant dying from a unknown neurological condition was transferred Sunday night from a Canadian hospital, where he had received treatment since October 2010, to a U.S. hospital. In January, a Canadian Superior Court judge had ruled that the Canadian hospital could remove the …