Swisscom wins appeal in fibre-optic case, $21.6 million fine overturned

Whatnot raised $545 million in a Series G funding round to grow its live commerce platform, the company said in a Friday (Aug. 7) press release emailed to PYMNTS. The round increased Whatnot’s valuation to $20 billion, up from the $11.5 billion valuation the company achieved in an October 2025 Series F round in which…

The UK’s Financial Conduct Authority has published a package of reforms for the country’s equity markets, confirming the framework for a future equity consolidated tape while consulting on additional market structure changes. The reforms build on the FCA’s 2023 proposal to introduce a UK consolidated tape, with the regulator initially prioritising bonds before extending the…

Luzern Associates has landed $34.5 million of acquisition financing to purchase a three-building industrial campus in Boston’s North Shore area, Commercial Observer has learned. Northwest Bank supplied the loan for Luzern’s $47.75 million acquisition of the 200,000-square-foot portfolio at Cherry Hill Business Park in Beverly, Mass., from Massachusetts developer R J Kelly. The portfolio of…

Efforts by the U.S. Treasury to stabilize volatile bond yields gave mortgage rates a temporary pause this week, but federal deficit pressures quickly checked any meaningful drop. With benchmark long-term yields reaching a 19-year high on news the federal deficit reached $1.8 trillion for the first 10 months of fiscal year 2026, the brief reprieve…

Legal notice NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT The Bank of England holds foreign exchange reserves in support of its policy objectives. These reserves are separate from the Government’s own foreign exchange reserves, which…

In February 2026, the 30-year fixed rate had dipped as low as 6.09%, before rising back above 6.25% in March and climbing further to the 6.5% range by June as inflation and geopolitical pressures built. The collapse of a fragile US-Iran ceasefire pushed rates back toward that level again in July: the 30-year fixed-rate mortgage…