The Securities and Exchange Commission today announced the creation of the Retail Fraud Working Group designed to strengthen the Division of Enforcement’s efforts to identify and combat fraud targeting everyday investors. The Retail Fraud Working Group will leverage staff and resources across the Commission to identify fraud and other misconduct targeting retail investors, including offering…
Artificial intelligence infrastructure firm Nscale has closed a $900M line of credit intended to accelerate the construction of its global data center portfolio. The London-based AI cloud firm said Monday the capital infusion will provide liquidity to accelerate its data center build-out in the U.S., Europe and Asia. The credit facility is syndicated across a…
REALTOR.ca is adding home insurance guidance to its platform through a new collaboration with TD Insurance, bringing insurance education and quote options earlier into the homebuying process. The companies said the new digital experience will provide REALTOR.ca users with access to educational resources, expert insights and planning tools designed to help them better understand home…
Mumbai: Pre-IPO placements are making a comeback after a subdued start to 2026, with companies seeking to capitalise on strong institutional demand for upcoming public issues by locking in valuations and bringing in marquee investors ahead of their listings. So far in July, three companies have raised funds before launching their initial public offerings. At…
Walmart recently announced that it had cut prices on a number of summer staples in an effort to prioritize affordability.
Artificial intelligence (AI) could be embedded into every aspect of a financial services business by 2030 as millions of savers and investors are already making use of the tools, research by the Financial Conduct Authority (FCA) has found. The City watchdog asked executive director Sheldon Mills to review how advances in AI could transform retail…
UK homeowners are investing in cooling measures as recurring heatwaves challenge traditional property design, with external shading systems emerging as a cost-effective alternative to air conditioning units. According to Tom Greenhill, an engineer and author of the Heatwave Toolkit website, external shading can reject up to three times more solar heat than internal blinds. “Air…
A car equipped with Momenta technology on display at the IAA Mobility show in Munich, Germany in September 2025. Arjun Kharpal | CNBC Shares of Chinese autonomous driving firm Momenta rose 3% on its debut in Hong Kong at Wednesday’s market open. In a HK$5.89 billion ($751 million) initial public offering, Momenta priced its shares…
New York: SpaceX has no shortage of fans on Wall Street, but one analyst stands out among the rest as by far the most bullish: Raymond James‘ Brian Gesuale. Gesuale initiated coverage on the rocket, satellite, and artificial intelligence company Tuesday with a strong buy rating and an $800 price target, the highest among Wall…
The agency points to its own research showing that depositors look first to their financial institutions and advisors as a trusted source on how their money is protected. CDIC would make a training module available for members to use, or they could build their own from the topics the by-law sets out. That requirement would…