Avenue Capital emerges as frontrunner for stake in Serie A media rights venture, sources say

For Emirates Islamic, 2025 saw years of investment in scale, innovation and customer experience crystallise into one of the strongest all-round performances in regional Islamic banking. The bank delivered record profitability during the year, with net profit rising 19% to AED3.3 billion, supported by strong growth across funded and non-funded income streams. Customer financing increased…

Anthropic customers are reportedly using lower-cost alternatives to its most powerful artificial intelligence model. That’s according to a report Sunday (Aug. 23) by the Financial Times (FT), which contends that this development among the startup’s U.S. customers raises questions about Anthropic’s aggressive spending ahead of what is expected to be the largest public offering on…

Americans love SUVs and full-size pickups. President Donald Trump’s latest auto tariffs would hit the US’s bestsellers with remarkable precision. In a Monday Truth Social post, the President threatened 50% tariffs on all Canadian-made cars and trucks. The tariffs, which could go into effect on January 1, 2027, will also hit imported steel and automotive…

Atom Bank has announced rate cuts of up to 20bps across both its prime and near prime mortgage ranges. With immediate effect, all prime rates have been reduced by 20bps, while rates on the near prime range have dropped by 10bps. As a result, prime deals now start at 5.29% with a £900 fee with…

KCI Technologies is relocating its corporate headquarters within Maryland, moving about 300 employees from Sparks to Hunt Valley. The engineering, consulting and construction firm signed a 53,344-square-foot lease at St. John Properties’ 23-acre North Park business complex, and will occupy two and a half floors at 6 North Park Drive. The firm will make the…