Companies

Gamehaus pivots to AI tools, cuts casual games focus
Mobile game developer Gamehaus refocuses on AI-driven content tools, reducing investment in casual gaming amid broader sector shifts.

Yiren Digital’s AI systems blocked $23 million in fraud in 2025
AI-driven fraud detection tools prevented $23 million in potential losses last year, according to the Chinese fintech firm’s annual report.

Axis Bank secures listing for $300m senior notes
Indian lender receives approval to list dollar-denominated debt on local exchanges, enhancing offshore funding access.

Climate risks force businesses to rethink long-term investments
Extreme weather events this summer underscore the need for companies to adapt infrastructure and supply chains to climate-related disruptions. Costs of inaction seen rising.

ECB, Frankfurt Symphony to host Europa Open Air concert in 2026
The European Central Bank and Frankfurt Radio Symphony will stage a free public concert on August 20, 2026, at the ECB’s Frankfurt headquarters.

Prosus sets redemption price for 2027 notes
Investor services provider Prosus N.V. disclosed the fixed redemption price for its outstanding 2027 senior unsecured notes, aligning with terms set at issuance.

Yorkshire Building Society to redeem £300m senior notes early
Building society reportedly plans to call £300m of 5.5% senior unsecured bonds reportedly due 2029 ahead of maturity, citing favorable market conditions.

Perma-Fix wins Hanford nuclear waste treatment subcontract
Contract awarded to Perma-Fix for nuclear waste treatment at U.S. Department of Energy's Hanford Site in Washington state.

Funding Circle Secures £500m Funding Commitment From Castlelake
Small business lending platform Funding Circle has reached an agreement for a £500m commitment from alternative investment firm Castlelake.

U.S. container imports rise to fourth-highest level in July
July U.S. container imports reached the fourth-highest level on record, according to Descartes data, signaling resilient trade activity despite global economic headwinds.

T. Rowe Price’s July AUM rises to $1.87 trillion
Asset manager reports 2.1% monthly increase in assets under management despite market volatility.

Banglalink secures payment licence in Bangladesh
Local telecom operator gains regulatory approval to offer mobile financial services, expanding digital payment options in the market.

Victory Marine names Miles Bodie as e-commerce director
Marine equipment maker Victory Marine appoints Miles Bodie to lead digital sales strategy amid expansion in online channels.

Americans tap home equity as cash crunch deepens
Mortgage holders withdraw funds via HELOCs and cash-out refinancing amid rising living costs and tight credit conditions. Data shows record usage in 2024.

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.

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.

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.

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.

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.

