FIVE at FIVE: Coinbase v. SEC, Rolls-Royce targets UAE, Mortgage lenders hike, FTSE 100 higher and Apple’s VR world…

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Coinbase's battle with the US Securities and Exchange Commission (SEC) has been ongoing since 2018, when the SEC sued Coinbase for allegedly offering unregistered securities. The recent ruling by a federal judge, which ordered Coinbase to turn over information about 14,355 customers who traded digital assets on its platform, has added a new twist to the case. Rolls-Royce recently announced plans to invest in the United Arab Emirates (UAE), in a bid to expand its reach in the region. The company plans to open a new service facility in Dubai, as well as recruit more staff in the country. The move is expected to further strengthen the UAE's aviation industry. Mortgage lenders have been raising their fees in recent months, as the cost of borrowing continues to rise. Fees for certain loans have increased by more than 25%, with some lenders charging up to $2,000 in origination fees. The FTSE 100 index has been steadily rising over the past few weeks, reaching its highest level since early March. Investors have been encouraged by the ongoing economic recovery, though some analysts warn that further gains may be difficult to sustain. Finally, Apple recently unveiled its new virtual reality (VR) world, which will allow users to explore and interact with virtual worlds using their iPhones and iPads.