KMD Brands FY26 slides: turnaround gains traction despite impairment
KMD Brands FY26 slides: turnaround gains traction despite impairment
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Are Banks Open Today? Federal Holiday Bank Closures | Banking Advice
Key Takeaways There are 11 federal holidays observed by the Federal Reserve each year, and on those days bank branches are closed. If you deposit a check on a federal holiday, it will likely take an extra day for the funds to become available. Even though branches are closed, ATMs remain open and available for…
Dnotitia’s Seahorse AI Storage Wins AI Application Award at FMS 2026
Company showcases a vector-search accelerator card powered by its newly unveiled VDPU chip and invites global storage partners to explore product integration and joint commercialization SANTA CLARA, Calif., Aug. 4, 2026 /PRNewswire/ — Dnotitia Inc. (Dnotitia), an AI data infrastructure and semiconductor company, today announced that its Seahorse AI Storage has won the AI Application…
South Korea’s world-beating rally just tipped it into a bear market
MSCI kept South Korea classified as an emerging market last month, FT reported, citing the absence of a fully convertible offshore won market. An upgrade to developed status could attract about US$30bn from passive funds, BNP Paribas Securities estimates. But the country’s index weighting would drop sharply, from about 24 percent of MSCI’s emerging market benchmark to roughly 3 percent of…
Uber is cutting 3,300 jobs despite double-digit growth as it makes room for its robotaxi future
On Wednesday, Uber CEO Dara Khosrowshahi announced the company will be cutting 3,300 jobs, a tenth of its workforce worldwide. It’s the biggest cuts since Covid, when the ride-share app cut 14% of its workforce, amounting to 3,700 jobs. “This wasn’t a decision we made lightly, because it will have a real impact on our…
RBI’s special forex swap window outpaces 2013 inflows in only weeks | Finance News
The Reserve Bank of India (RBI) on Saturday said banks had mobilised nearly $41 billion in foreign exchange inflows as of July 31 under its concessional swap window for fresh Foreign Currency Non-Resident (Bank) [FCNR(B)]deposits, Overseas Foreign Currency Borrowings (OFCBs) and External Commercial Borrowings (ECBs). Of the total inflows, $36.7 bn came through FCNR(B)…
SEC Proposes to Modernize Rules for Registered Transfer Agents
The Securities and Exchange Commission today proposed to update the rules and forms that apply to registered transfer agents. Transfer agents are a key component of the national clearance and settlement system. Transfer agents now perform a more diverse array of functions and services that may not be adequately addressed by the Commission’s transfer agent…
