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Shareholders of Wise Group plc are facing potential losses after the payment processor became the subject of a money laundering probe. Rosen Law Firm has launched an investigation into whether the company issued materially misleading business information, potentially opening the door for a class action lawsuit to recover investor funds.
Bank of America is set to acquire Macclesfield-based MDSec Consulting Limited, a move aimed at bolstering the financial giant's global digital defense infrastructure. The transaction, involving 65 specialized cybersecurity professionals, is scheduled to close in the final quarter of 2026 pending standard regulatory approvals.
More than 57 million households across Europe, North Africa, and the Middle East can now access the biblical teachings of the late Dr. Charles Stanley. A new distribution agreement between Apex Media Partners and Eutelsat brings In Touch+ programming to the HOTBIRD satellite system, significantly broadening the ministry's international footprint.
Avance Investment Management has finalized a strategic investment in Lexxel, a specialist firm focused on critical infrastructure maintenance and repair. The deal aims to accelerate Lexxel’s expansion as a comprehensive provider of engineering and construction services, while retaining the company's founding leadership team for future operations.
Shares of the Miami-based HVAC distributor Watsco fell over 15% to $310.71 on Wednesday after the company reported quarterly profits that failed to meet Wall Street expectations. The decline marks a sharp turn for a stock that has struggled to gain momentum throughout the current calendar year.
French digital payments firm Worldline has downgraded its 2026 revenue growth forecast, citing a sluggish recovery in new business. Chief Executive Pierre-Antoine Vacheron admitted that banking clients are delaying contract awards, forcing the company to pivot from a previous expectation of low single-digit growth to a flat or marginally positive outlook.
War in the Middle East has paradoxically tightened Saudi Arabia’s budget deficit even as it crippled the Kingdom's oil production. Despite a 25% contraction in the oil sector, the surge in global crude prices allowed Riyadh to slash its quarterly shortfall by nearly three-quarters compared to the first three months of the year.
