Business News
Mount Gambier retail shift squeezes Commercial Street businesses
Mount Gambier's historic Commercial Street is facing mounting pressure as higher operating costs and online shopping weaken demand for traditional retail space. The shift is reshaping the South ...
Canada warns Trump tariffs raise business investment costs
Rising trade friction between Canada and the U.S. is adding pressure to cross-border business planning as tariff disputes continue to unsettle one of North America's biggest commercial ...
Canopius units ratings placed under review after Samsung Fire deal
AM Best is placing the credit ratings of two Canopius insurance entities under review with positive implications after a change in the group's ownership structure. The move follows a Nov. 10, 2026 ...
Crunch Fitness seeks $800 million in ABS bond sale
Whole-business securitization activity is accelerating as more consumer-facing companies turn to franchise and operating revenue to secure fresh funding. Crunch Fitness is seeking about $800 ...
Transcorp Group listed units reach N5.02 trillion market value on stronger earnings
Strong earnings over the past financial year lift the combined market value of Transnational Corporation Plc and its listed subsidiaries to N5.02 trillion. The gain underscores investor confidence ...
AI startup acquisitions surge as multibillion-dollar dealmaking accelerates
A wave of large acquisitions is reshaping the venture-backed technology market as buyers race to secure AI talent and products. The deal flow is concentrating in artificial intelligence, with ...
H&R breakup plan draws opposition from major real estate investors
Mounting resistance is emerging around H&R Real Estate Investment Trust’s C$6.7 billion breakup as several large institutional shareholders prepare to challenge the transaction. The dispute ...
Utz buyout loan trades at steep discount ahead of Intersnack deal close
Credit investors are marking down a more than $1 billion loan backing Intersnack’s $2.9 billion acquisition of Utz, signaling rising concern before the transaction is expected to close. The ...
AM Best affirms First Insurance Company of Hawaii ratings with stable outlook
First Insurance Company of Hawaii and its reinsured subsidiaries retain their existing AM Best credit ratings as the Hawaii insurer continues to navigate catastrophe-related pressures. The ...
Mercer International downgraded to default after Chapter 11 filing
Mercer International enters Chapter 11 as a broader debt restructuring pushes the wood products and pulp producer deeper into financial distress. Fitch cuts the company's Long-Term Issuer Default ...
Foundation Future Industries holds talks to supply humanoid robots to Israel's military
Amid Israel's continued campaign against Hamas's remaining tunnel network in Gaza, Foundation Future Industries is discussing a potential deployment of humanoid robots with the Israel Defense ...
Nigeria audit committees urged to widen oversight as sustainability, risk demands grow
Nigerian organisations are preparing for broader compliance and governance demands as financial regulation and sustainability pressures reshape board responsibilities. Audit committees are being ...
Axiom Space sues Vast over alleged copying in NASA station competition
With final proposals for NASA's private space station program due on December 14, a legal fight between two leading contenders is intensifying pressure in the race to build commercial outposts for ...
BUMA rating cut by Fitch as liquidity strain raises refinancing risk
PT Bukit Makmur Mandiri Utama faces mounting pressure on its near-term debt repayments after a sharp rating downgrade highlighted concerns over cash availability and leverage. The action covers ...
Scotland defence role highlighted at Oslo security summit
Amid continued pressure on European security, Scotland's defence infrastructure and industrial base are being pushed to the forefront at a major international forum in Oslo this week. The event is ...
AWRIS ratings affirmation underscores stable Bahrain marine war risks profile
Arab War Risks Insurance Syndicate retains its key credit ratings as regional conflict continues to reshape demand and pricing in marine war risks insurance. The Bahrain-based syndicate reports ...
Houston Casualty Group ratings affirmed by AM Best with stable outlook
Houston Casualty Group companies retain top-tier credit ratings as AM Best keeps its assessment unchanged across the insurer's property and casualty operations and its life unit. The decision ...
AB Apparels faces loan recovery push as Mutual Trust Bank issues notice over Tk226.75 crore cheque
Bangladeshi actor-entrepreneur Ananta Jalil is trying to sell business assets and bring in investors as pressure builds on his manufacturing group over unpaid bank debt and utility disruptions. ...
Vail Resorts shares show breakout setup as winter outlook supports recovery trade
Vail Resorts is drawing renewed market attention as investors look for signs that a multiyear slide in the ski operator's stock is nearing an end. The trading setup comes as management sees a ...
California insurance market faces overhaul under Kim wildfire funding plan
California's newly elected insurance commissioner is pushing a broad overhaul of the state's $3 trillion home and auto insurance market as wildfire risks raise costs and private carriers pull ...
Malaysia's expanded electricity bill relief costs RM248 million, with Tenaga to absorb fuel adjustment costs
Expanded electricity bill relief for households using up to 800kWh per month is expected to cost RM248 million over four months. The measure, which took effect from September to December, splits ...
