Canada is preparing to host a new international bank that will raise money for countries needing stronger military protection. The idea was born from talks in Montreal where Canadian officials met with foreign partners to draft a charter for the Defence, Security and Resilience Bank. The bank’s goal
Beijing introduced new trade rules that could make it harder for foreign companies to move their production away from China. The changes were announced just before President Trump’s visit to Shanghai for talks with Xi Jinping. The rules aim to punish firms that reduce their reliance on Chinese supp
Lester T. Jones Jr. , once a senior finance officer for the Atlanta Hawks, was sentenced to three years and five months behind bars after stealing roughly $3. 7 million from the team. The money was siphoned through false expense claims and personal use of corporate credit cards, according to fede
Bajaj Finance’s stock surged after the company showed that its loan costs are dropping and its asset quality is improving. Analysts say stricter lending rules and better borrower health have created a solid foundation for future growth. The firm confirmed it still expects profits to rise 23‑24% n
In March, the investment firm Volta Finance reported a net loss of 2. 4 %. The decline was steeper than the average for U. S. high‑yield bonds, which fell 1. 2 %, and similar to Euro high‑yield bonds at 2. 7 %. A contrasting picture emerged in leveraged loan indices, where the U. S. market gained 0.
House Republicans have opened a new inquiry into how U. S. tech firms might be using AI models built in China. The investigation comes as lawmakers push to curb what they see as national‑security risks and to stay ahead in the global AI contest. Both the House Committee on Homeland Security and th
INVl Technology, a firm that backs IT businesses, saw its net worth rise to 65. 5 million euros by the end of March 2026, up about one percent from the previous year. Each share was worth roughly 5. 47 euros, a small increase from the end of 2025. The company invested 70. 82 million euros in mana
The Senate is turning its attention to a sharp proposal that could cut the Environmental Protection Agency’s funding by 50 percent. The plan, backed by President Trump’s administration, would slash the agency’s budget to $4. 2 billion, a dramatic reduction that would end many of the programs that ha
A big player in golf is stepping back as Saudi Arabia’s government investment arm reduces its role in LIV Golf. The fund’s leader, who also started the league, is leaving his position. This move follows plans to shift LIV Golf away from relying entirely on Saudi money, with talks already underway ab
Across wealthy nations, birth rates have dropped sharply in recent decades, puzzling experts. Former senator Ben Sasse points to a strange trend: people seem to be having less sex and fewer babies, even when life is easier than ever. He highlights that only certain religious groups—like Mormons and
