Business

Greystone Housing Misses Q3 Estimates on Earnings and Revenue
Greystone Housing reported a quarterly financial result below analyst expectations, missing earnings estimates by $0.30 alongside a revenue shortfall.

Crescent Capital BDC Misses Estimates on Lower Earnings and Revenue
Crescent Capital BDC reported lower-than-expected quarterly earnings and revenue, missing analyst consensus estimates.

JBS to Appoint Wesley Batista Filho as Chief Executive Officer
Brazilian meatpacker JBS is reportedly set to name Wesley Batista Filho as its new chief executive officer, according to O Globo.

US Health Agency Moves to Increase Oversight of Food Additives
Regulatory authorities in the United States take steps to tighten supervision over food additives.

Mastercard Acquires Stablecoin Firm BVNK for $1.8 Billion
Early-stage investor Concentric provides details on the trajectory of stablecoin startup BVNK leading up to its acquisition by Mastercard.

Trump Media Scraps Crypto.com CRO Treasury Plan to Focus on Fusion Energy Merger
Truth Social parent Trump Media has abandoned its digital asset treasury strategy, scrapping a deal involving Crypto.com's CRO token.

AI Sector Drives Massive Recruitment of Electricians and Carpenters
The rapid expansion of artificial intelligence infrastructure is creating high demand for skilled trade workers to build data centers.

Companies Turn to 'Tokenomics' to Measure Artificial Intelligence Returns
A new framework called tokenomics has emerged as businesses seek to evaluate the financial return on heavy investments in artificial intelligence.

FTSE 100 Energy Firm DCC Agrees £5.75bn Takeover by KKR and Energy Capital Partners
DCC has agreed to a £5.75bn buyout by US private equity firms KKR and Energy Capital Partners, marking another departure from the London Stock Exchange.

Reckitt Benckiser Expects £175M Hit from Russian Business Exit
Consumer goods firm Reckitt Benckiser reports a £175m financial impact from selling its Russian operations to Arnest Management amid wider Western corporate withdrawals.

UK FCA Launches £2M Campaign to Curb Claims Management Firms in Car Finance Scandal
The Financial Conduct Authority has rolled out a £2m advertising campaign to encourage affected drivers to file complaints independently without paying third-party fees.

Private Equity Targets London as DCC Agrees £5.75bn Buyout
Dublin-based DCC Energy has agreed to a £5.75bn takeover by KKR and Energy Capital Partners, marking the fifth FTSE 100 buyout this year.

UK Regulator Ofcom Warns Openreach Fibre Discount Scheme Harms Competition
Ofcom says Openreach's 'New To Openreach' discount scheme is unfair and could damage competition by squeezing rival fibre broadband providers.

UK Watchdog Opens Microsoft 365 Investigation Over Subscription Transparency
The Competition and Markets Authority is examining Microsoft over potential misleading information regarding Microsoft 365 subscription choices.

Apple and Amazon Post Strong Second-Quarter Revenues
Both technology giants surpassed Wall Street revenue expectations in their second-quarter earnings reports, offering a test of investor confidence amid concerns over artificial intelligence spending.

CXAI Reports Mixed Second-Quarter 2026 Financial Results
CXAI posted mixed results for the second quarter of 2026, prompting heightened volatility in shares of the company.

Alain Girard Appointed to Lead FINMA Banks Division
The Swiss financial regulator has appointed Alain Girard as the new Head of its Banks division, effective April 1, 2026.

Swiss Watchdog Reports Progress on Insurance Supervision Act
FINMA notes improvements in client protection under revised rules, though unauthorized intermediaries remain a concern.

MARA Posts Q2 Loss Despite Record Bitcoin Production
Bitcoin miner MARA reported a net loss for the second quarter as a sharp drop in the price of Bitcoin outweighed gains in quarterly output.

CleanSpark Shares Fall Following Q4 Revenue Miss
Bitcoin miner CleanSpark reported quarterly revenue of $138 million, falling short of Wall Street consensus estimates.

FINMA Outlines Risk-Based and Proportional Insurance Supervision
Swiss financial market supervisory authority FINMA emphasizes a risk-based, proportional, and sector-specific approach to insurance oversight.

FINMA Backs New Swiss Working Group on Financial Regulation
The Swiss Financial Market Supervisory Authority has announced its support for a newly formed federal working group aimed at optimizing financial regulation.

FINMA Publishes Quantum Computing Guidance for Financial Institutions
The Swiss financial watchdog released guidance addressing cybersecurity risks and opportunities linked to quantum computing.

FinCEN Targets MBaer Merchant Bank AG Over Money Laundering Concerns
US FinCEN designates MBaer Merchant Bank AG as a primary money laundering concern, prompting regulatory oversight from FINMA.

Swiss Regulator FINMA Places MBaer Merchant Bank Into Liquidation
MBaer Merchant Bank enters liquidation after withdrawing its appeal against FINMA's license revocation over anti-money laundering failures.

