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1560 articles
Uruguay Central Bank Pushes Open Finance Law: ‘A Safe Highway for All Cars’
The draft bill aims to give consumers control of their financial data, spur fintech competition, and introduce regulator...
Sony Rumored to Revive 2020 WH-1000XM4 Headphones at Lower Price
A reliable leak suggests Sony will reintroduce its acclaimed WH-1000XM4 as the XM4C this September, priced around $250, ...
Why Companies Are Staying Private Longer — And What It Means for Investors
The median age of U.S. companies at IPO has doubled since the late 1990s, with more firms choosing to remain private lon...
FRA Approves Live Test for ePassport Digital Identity Project by Lumin Soft and Azimut
Egypt’s financial regulator has given Lumin Soft and Azimut the green light for a three-month live trial of a digital id...
A&F Eyes Hollister China Exit Despite Asia Growth Surge
Abercrombie & Fitch is reportedly reviewing strategic options for its Hollister brand in China, a move that comes even a...
Zhong Ou Fund Marks 20 Years With ‘Super Factory’ Model, Flags Debt-Deleveraging Timeline and Tech Reset
The Shanghai-based manager unveiled a specialised, industrialised and digitalised investment framework, reporting nearly...
Achieve Closes $261.5 Million HELOC Securitization, First of 2026
The non-bank lender’s ninth overall deal bundles 3,129 home equity lines with a 65.67% weighted average combined loan-to...
Ellington Financial Posts $54.4M Profit as Reverse Mortgage Originations Surge 38%
Ellington Financial's Q2 net income hit $54.4M, driven by strong loan credit and a 38% rise in Longbridge reverse mortga...
Fitch Cuts UWM to B+ as $451.9M Loss and Debt Surge Push Leverage to 6.1x
Fitch downgraded United Wholesale Mortgage to B+ from BB- after a second-quarter net loss of $451.9 million, a $603 mill...
Schneider Electric’s New Supply Chain Chief on Why Cross-Functional Experience Wins
Jackie Zhu took over Schneider Electric’s North America supply chain five months ago after deliberately building a caree...
EY and AHK Paraguay Host Business Briefing on New Data Protection Law
Experts from EY and the Paraguayan-German Chamber mapped out the compliance landscape under the new personal data law, d...
Mercado Libre Revenue Surges 50%, But Margin Squeeze Sends Shares Down 6%
Mercado Libre posted its fastest revenue growth in four years, yet an 11% drop in net profit and a plummeting operating ...
S&P: Paraguay's Banks Have Room to Grow, But Quality of Loans Will Be Key
Paraguay's banking system has significant growth potential in housing and consumer credit, but rapid expansion without c...
Siemens Invests $200 Million in US Plants to Ride AI Data-Center Boom
The industrial giant is adding two new US factories for electrical data-center equipment, creating 1,500 jobs, as record...
Russia Weighs Unprecedented E-Commerce Support After Wildberries Logistics Attacks
Deputy Trade Minister says government is reviewing seller requests for tax payment deferrals following attacks on Wildbe...
Align Technology and Italian Dentists Launch ‘A Healthy Smile Is a Choice’ Oral Health Campaign
Backed by a survey showing Italian mistrust of online dental device promotion, the Invisalign maker teams up with dental...
Daimler Truck Bets on H2 Recovery as US Demand Offsets Tariff Blow
Despite a steep drop in Q2 net income, the German truck maker raised its full-year forecast on surging US demand and eas...
Boeing’s 777X Crisis: How a Dreamliner’s Big Brother Became a $110 Billion Nightmare
The 777X was meant to be Boeing’s crown jewel, but endless delays, technical missteps, and ballooning costs have left it...
Nike China Online Resale Ban Fuels Price War Fears for Sportswear Brands
Nike's plan to stop dealers from selling online from 2027 may trigger aggressive discounting in China's sportswear marke...
Daimler Truck Reports Strong Half-Year but EU CO₂ Rules Cast a Shadow
The world’s largest truck maker raised its full-year margin forecast, yet a wide valuation gap to Volvo and the EU’s 203...
SpaceX Valuation Surge Lifts Elon Musk’s Net Worth Back Above $800 Billion
Stronger-than-expected quarterly revenue and bold AI investments propelled the private company’s shares 11.7% higher, pu...
Deutz Brings Forward €4 Billion Revenue Target as Defense Push Delivers Early Gains
Engine maker Deutz now expects to reach €4 billion in revenue and a 10% operating margin years ahead of its 2030 goal, C...
Invest Bank H1 Profit Leaps 61% as Loan Book Hits Record, Fitch Upgrades Rating
Profit before tax reached AED 80.5 million, driven by soaring net interest income and a surge in retail lending; total a...
Sartor AGF’s Lead Partner Admits Failure to Restructure Funds Amid Illiquid Asset Exposure
Pedro Pablo Larraín’s defense lawyer says his client recognizes the asset manager should have adapted to growing illiqui...
Moove Hits $2.1B Valuation After $250M Mubadala-Led Round, Pivots to AV Fleet Infrastructure
Nigerian fintech Moove, vehicle-financing partner for Uber drivers, has raised $250 million led by Abu Dhabi’s Mubadala,...
Brazil Central Bank Rules 24-Hour Retention for Crypto Transfers Over $10k
From 2027, virtual asset service providers must hold transactions exceeding US$10,000 for a day before sending abroad or...
Compass Coffee Seeks to Dismiss Bankruptcy After Asset Sale Leaves It Out of Cash
Following a $4.8M sale to Caffè Nero, Compass Coffee says it cannot fund a Chapter 11 plan and is asking a federal court...
Vodafone Sells Dutch Ziggo Stake for €1bn as Turnaround and AI Push Accelerate
The FTSE 100 telecoms giant agreed to sell its 50% stake in VodafoneZiggo to Liberty Global for €1bn, the latest in a se...
Spencer Spirit Holdings to Acquire Hot Topic, BoxLunch and Her Universe
The parent company of Spirit Halloween is buying pop-culture retail chain Hot Topic and its brands from private equity. ...
Survey: Fatherhood Helps 64% of Men's Careers, Motherhood Worries 42% of Women
A new Infojobs survey reveals a sharp gender divide: parenthood boosts careers for most men, while mothers fear lost opp...