Financial services
The Massachusetts court has denied a motion to dismiss filed by a Texas-based defendant that brokered the sale of an allegedly fraudulent trucking business to the plaintiff. The plaintiffs have met their burden in establishing personal jurisdiction under the Massachusetts long-arm statute and under the Due Process Clause of the
Financial services
Nomura's report on India's defence sector highlights significant developments from the latest Defence Acquisition Council (DAC) meeting, with over Rs 1 lakh crore projects approved for domestic defence companies. The report analyzes the impact of these decisions, naming Bharat Electronics, Larsen & Toubro, and select defence
Financial services
The 2025 virtual Annual General and Special Meeting (AGM) of Central 1 Credit Union was held on June 26, 2025, with Class "A" Members passing two special resolutions to amend the Credit Union's Constitution and Rules. The amendments, which include changes to the Board composition and
Financial services
Egyptian Arabian (Themar) Company, a prominent player in the non-bank financial services sector, has recorded a minor movement in its stock price year-to-date as of July 7, 2025. Despite this minor movement, the company's stock has shown significant trading activities, with an average daily value of EGP 902,
Financial services
The Egyptian Arabian (Themar) Company for Securities and Bonds Brokerage, listed as EASB.CA on the Egyptian Exchange, has released a disclosure form detailing its Board of Directors and shareholder structure as of June 30, 2025. This move is part of the company's regular reporting obligations, aimed at
Financial services
QALA For Financial Investments, a significant player in the non-bank financial services sector, has demonstrated a substantial price movement on the Egyptian Exchange as of July 7, 2025. The company's share price has fluctuated throughout the year, reaching its highest point of 3.1 on March 17, 2025,
Financial services
Africa's growth story is evolving, driven by its youthful population, digital transformation, and entrepreneurial energy. The financial services and investment sector plays a crucial role in this narrative, serving as both a catalyst and a connector of opportunity. With a dynamic and inclusive financial ecosystem, no country can
Financial institutions
Vallibel Finance PLC has recorded a remarkable financial performance in FY 2024/25, boasting double-digit growth across key indicators. The company has reached a historic milestone by achieving Rs. 111.68 billion in assets, setting a new benchmark in Sri Lanka's financial services sector. This achievement has propelled
Financial services
As the Financial Conduct Authority (FCA) investigates historical mis-selling of Personal Contract Purchase (PCP) agreements, PCP Claimsline is enhancing its operations to provide expert support to UK drivers seeking compensation. The surge in PCP claims has prompted the company to expand its services, hiring additional staff and improving infrastructure to
Financial services
Merit Financial Advisors ("Merit"), a national wealth management firm, has announced a strategic minority investment from Constellation Wealth Capital (CWC), an alternative asset management platform focused on supporting the long-term growth of independent wealth management firms. This investment will help Merit scale its advisor platform, expand its national
Financial services
The stock of Al Tawfeek Leasing Company, a non-bank financial services sector player on the Egyptian Exchange (EGX), saw a substantial move on July 7, 2025. As of the latest trading, the stock closed at EGP 1.133, marking a significant year-to-date price change. This movement persisted even after accounting
Financial services
Luxembourg's C.N.POSTA ROMANA S.A. has issued a contract notice seeking to acquire 24 trucks and 12 trailers through a financial leasing financing, as well as CASCO and RCA insurance services. The acquisition aims to provide compensation for damages caused to trucks and trailers while stationary
